How Much Money People Annually Spend on Engagement Rings in the UK

The average amount of money that people spend on engagement rings in the UK is £1,865. This number has been steadily increasing in recent years, as the cost of diamonds has risen.
The rise in the cost of diamonds: The cost of diamonds has been rising for a number of reasons, including:
- The increasing demand for diamonds: The demand for diamonds has been increasing in recent years, as more and more people are getting married.
- The limited supply of diamonds: The supply of diamonds is limited, as they are only found in a few places in the world.
- The high
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