One in four Britons plans to cut their credit card spending this Christmas.

But, encouragingly for motor retailers, only one in ten will put on hold their need to finance big-ticket items, such as cars.

Research by YouGov for debt consultancy Thomas Charles found that only 8% of the 1,818 adults polled were intending to put off taking out a loan or finance solution for their major purchases, such as cars, holidays or home improvements.