Brits raid savings for romance

13 February 2006
Loved-up men and women from across the UK will be raiding their piggy banks this Valentine's day as one third of people expect to be spoiled.

This is despite the fact that only 17 per cent of Britons believe that Valentine's is a good idea, according to the latest research from National Savings and Investments (NS&I).

Across the country it's those in the capital that have the highest expectations, with almost half saying they expect flowers and chocolates.

But as the costs for keeping partners happy rises, 25 per cent of Britons said they have used their savings to fund a romantic night out. This is up from four per cent in 2004 and 11 per cent last year.

Donna Dawson, a psychologist, said: "The typical response to Valentine's Day is both a practical and romantic one: if it's going to happen anyway, then we want to give it our best shot, whether that means dinner or a gift."

However, there are alternatives for the less well off such as writing a poem or making a home cooked meal.

"It is worth noting that for many spending some quality time together is worth more than spending lots of money on one arbitrary date," Ms Dawson concluded.

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