Escaping to the sun this summer?

Research by Sainsbury’s Finance suggests that 28.9 million Brits plan to spend a total of £22.1 billion on holiday escapes during 2012 – on average, those planning to travel will spend £765 on the cost of their holiday alone.

However, the majority of us are looking to cut the cost of our holiday this year, with 78% of those planning a break in 2012 saying that they intend to spend less than in previous years.  45% of those surveyed planned to holiday abroad while nearly the same amount (43%) intended to holiday in the UK.

 

Source:  Credit Action – February 2012 edition

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