THERE MAY BE a credit crunch, but not all shoppers are getting their knickers in a twist, with an online cashback shopping network noting that sales of Lingerie online are on the up.

Froggybank.co.uk, an online shopping network of 180 websites, said it had analysed the spending habits of its half a million members for the past three months, only to discover that underwear sales, far from being pulled down by the economic crisis had risen two per cent. Or, in other words, when people think “credit crunch”, they think “pants!”

Nadeem Azam, froggybank’s marketing manager noted that as couples saved their cash and opted for cosy nights at home instead, no room was being left “for a threesome with the credit crunch.”

Azam added that results of the site’s analysis “prove internet shopping still offers good value no matter what’s happening to the economy.”

Froggybank boasts that it is Britain’s one and only green cashback shopping site, allowing punters to check out their carbon footprint as they shop.

Of course, the recent fad for new clean underwear could also be related to city bankers and investors wetting themselves every time the FTSE drops. µ