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No honey, I got it in the sales…

A quarter of people in Britain have lied to their partners about how much an item they bought cost, with men most likely to lie about gadgets and women pretending they bagged a bargain on their latest fashion purchase.According to Halifax Home Insurance, 8.5 million of us have lied at least once over the last year, knocking an average £772 of our purchases over twelve months. Eighty per cent of women who admitted to lying about the price of an item did so regarding the cost of an outfit, while 41 per cent also said their new pair of shoes had been reduced.Electronic equipment was the thing that most men were likely to conceal the cost of, with 41 per cent admitting to doing so, but 33 per cent also lied to their partner about how much their new threads cost. Just over half of people said they hid receipts from their other half as they didn't want to be thought of as spendthrifts, yet nationally £6.5 billion a year is of spending is lied away collectively.Vicky Emmott, senior manager of underwriting at Halifax Home Insurance, said: "Men and women are divided when it comes to their secret spending. While women return from shopping trips pretending they have secured a bargain price for their Manolos and Jimmy Choos, men hide the price of stereos and plasma televisions."Because of this secret spending, householders could find the contents in their home are underinsured if the person responsible for organising the policy is unaware of the true cost of items in the property."

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