Sat Dec 29, 2012 4:49 pm
Over half of Britons will shun New Year's Eve celebrations this year, according to research.
Post Office Home Insurance found that around 56% of people will be abandoning the traditional night out in favour of settling down at home alone or with loved ones.
A further 16% will throw a party at home or go to one at a friend's house rather than spend a night on the tiles.
For those who are staying indoors, 15% say it is to save money. However, studies have shown that a party at home could be more costly than a night out.
Those who plan to go out on the town typically aim to spend £76, while those hosting a house party expect to spend more - around £100.
More than 2,000 adults took part in the survey across the UK.
Post Office head of insurance Paul Havenhand said: "The traditional big night out steps aside for a quiet night in, with many people opting to stay indoors to avoid the crowds, the cold weather and save a bit of money on New Year's Eve.
"However, if you are hosting a party at home, our research shows it can be a slightly more costly way of bringing in the new year, with bills mounting up for food, drink and entertainment."
Sat Dec 29, 2012 5:34 pm