BRITAIN is reining in its spending by wasting money on cheaper crap.
Unable to afford big-ticket items they do not need, cost conscious consumers are instead investing in smaller bits of uselessness.
In the run up to Christmas shops are reporting a sharp fall in sales of telephones that also take photographs and high definition televisions that show awful programmes.
Meanwhile demand has soared for wind-up electric can openers and rechargeable carving knives that also take photographs.
Emma Hollis, from Ipswich, said she could no longer afford Christian Louboutin shoes but would still treat herself to a 'Mr Frothy' coffee frother and a Franklin Mint plate depicting the cast of Ocean's 13.
She added: "I've got £30,000 of credit card debt and a mortgage I cannot pay, but what I don't have is an ice cream maker with big, happy feet."
Charlie Reeves, of Bristol, said he would now be forced to keep his latest television for an extra six months but does have his eye on a remote control teapot and a pencil sharpener that also takes photographs.
He added: "I have thought about putting some money in a savings account, but then I got all depressed and bought myself a pair of chocolate thumbs."