Not so much left in the bank…as the hottest holiday on record increases Brits spending

hottest holiday on record increases Brits spending

Table of Contents

It’s estimated the British public spent over £2.6 billion on trips over the bank holiday weekend, research from American Express reveals.

According to the research, a fifth (20%) of British people took a trip over the weekend, with the majority heading to the seaside to make the most of the hottest bank holiday August on record. Those going abroad spent an average £280 each, while those taking a stay-cation will spend an average £235. Of this, both those that went abroad and stayed in the UK are expected to have spent the most on accommodation, £70 and £65 respectively, followed by travel, and then meals and drink.

Those who decided to stay at home during the long weekend are still expected to have spent an average £76 each on extra activities, such as shopping (43%), eating out (39%) and going for drinks (38%).

Your home may be repossessed if you do not keep up repayments on your mortgage.

Thomas Honour

Thomas Honour

Business Owner & Principal Mortgage Advisor

Share this post:
×

Click on the advisor name below to chat on WhatsApp

× Chat on WhatsApp