UK homeowners are spending nearly 30 per cent more on household appliances than they were a decade ago, new research reveals.
A study by Halifax Credit Cards found that £5.7 billion was spent on household appliances, including kettles and freezers, in 2005.
This was 29 per cent more than the £4.4 billion that was spent in 1995, according to the research.
On average, householders spend £3.62 a week on household appliances, which constitutes two per cent of the household's total disposable income.
While this percentage has not increased over the period, the cost in monetary terms of household appliances has gone down by 15 per cent.
While Britons may be spending more on these appliances, they are encouraged to ensure they have the right level of
home insurance, with recent research by Churchill revealing that household mishaps cost homeowners £2.6 billion a year.