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Gift cards increase

CONSUMERS have at least €25m credit in unspent gift cards every year, new research has identified.

Retailers are noting a rise in purchases made with gift cards which has increased by 55pc annually, according to the One4all Shopping Index.

The stats coincide with the launch of National Shopper Week, a week-long spend and save partnership from retailers and One4all.

Shopper Week is now in its second year and is designed to give consumers additional discounts when they use their One4all gift card between May 24 and June 3.