Shoppers pose for a picture with their shopping bags outside of Hamleys toy shop in London
ATTENTION EDITORS - PLEASE SEARCH KEYWORD "RINGFENCE" TO FIND ALL 37 IMAGES IN THIS PAN-EUROPEAN SERIES OF CHRISTMAS TOY SHOPPING PICTURES.
Nursery nurse Gemma Jones (L) and web developer boyfriend Ben Shobbrook, both 23, pose for a picture with their shopping bags outside of Hamleys toy shop in London, December 2, 2011. Jones said that the economic climate had made no difference at all to how much she would spend on Christmas this year and added that the couple had just booked a winter skiing holiday too. Rising prices, muted wages growth and swingeing austerity measures have squeezed disposable incomes across Europe. And fears a debt crisis could blow the euro apart and bring down banks have dashed hopes of an improvement any time soon. Retailers face different fortunes as shoppers seem determined to ringfence at least some areas of Christmas spending, like presents for their children and good food. Picture taken December 2, 2011. REUTERS/Luke MacGregor (BRITAIN - Tags: BUSINESS SOCIETY)