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OFT launches Xmas budget planner

The Office of Fair Trading has published a budget planner on its website to help people manage their money this Christmas.

The planner recommends working out monthly outgoings before buying gifts.

The OFT has also announced it's offering its confidential debt counselling service to those who need help.

Chairman Martyn Perkins is encouraging people to seek advice early if they are worried about overstretched finances.

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