LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

One in six cut back on summer holidays over cost-of-living spike, poll says

Philip Roth by Philip Roth
August 6, 2023
in UK
One in six cut back on summer holidays over cost-of-living spike, poll says
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter



O

ne in six Britons are going without a summer holiday because they are cutting back during the cost-of-living crisis, a survey suggests.

Nearly two fifths were eating out less and people were travelling less to visit friends and family and even shunning barbecues, the poll indicated.

In the research carried out by Savanta last week, 2,289 adults were asked what they were doing without or expecting to lack this summer because of struggles with high inflation.

You might also like

UK-based listed businesses issued 240 profit warnings throughout 2025 – London Business News | London Wallet

Berlin slams Putin over ‘stubborn insistence on crucial territorial issue’ – London Business News | London Wallet

Hargreave Hale AIM VCT launches £30 million fundraise – London Business News | London Wallet

Families across the country struggled through a winter of high energy bills, only to be clobbered with eye-watering mortgage payments this summer

Some 17% responded that they were going without a summer holiday in the research commissioned by the Liberal Democrats.

Read More

The findings were published as Rishi Sunak and his wife and children were in California for what Downing Street said was their first proper family holiday for four years.

They were planning on visiting Disneyland and the Prime Minister was spotted at a Taylor Swift-themed SoulCycle in Santa Monica.

In the survey, 37% responded that they were eating out less and 9% said they were going to fewer outdoor events.

Sone 9% said they were travelling less to see family and friends and 4% were cutting back on barbecues.

The Lib Dems used the research to repeat their call for the Government to reverse a £3 billion tax cut for big banks in the form of the cut to the bank surcharge.

They want the money to be used instead to provide more cost-of-living support for families at risk of losing their homes because of soaring mortgage payments.

The party’s Treasury spokeswoman, Sarah Olney, said: “It is shameful that the Government is ploughing on with massive tax cuts for the big banks, who are refusing to pass on saving rates whilst hiking mortgage bills.

“They do not deserve the reward of tax cuts whilst at the same time taxes are hiked on hardworking Brits.

“Families across the country struggled through a winter of high energy bills, only to be clobbered with eye-watering mortgage payments this summer.”



Source link

Share30Tweet19
Previous Post

Curve Finance opens bounty after exploiter's return deadline expires

Next Post

England netball success will be a ‘catalyst’ for grassroots game, fans say

Philip Roth

Philip Roth

Recommended For You

UK-based listed businesses issued 240 profit warnings throughout 2025 – London Business News | London Wallet
UK

UK-based listed businesses issued 240 profit warnings throughout 2025 – London Business News | London Wallet

January 27, 2026
Berlin slams Putin over ‘stubborn insistence on crucial territorial issue’ – London Business News | London Wallet
UK

Berlin slams Putin over ‘stubborn insistence on crucial territorial issue’ – London Business News | London Wallet

January 27, 2026
Hargreave Hale AIM VCT launches £30 million fundraise – London Business News | London Wallet
UK

Hargreave Hale AIM VCT launches £30 million fundraise – London Business News | London Wallet

January 27, 2026
UK vacancies fall for sixth straight month – London Business News | London Wallet
UK

UK vacancies fall for sixth straight month – London Business News | London Wallet

January 27, 2026
Next Post
England netball success will be a ‘catalyst’ for grassroots game, fans say

England netball success will be a ‘catalyst’ for grassroots game, fans say

Related News

Just a moment…

Just a moment…

May 23, 2023
Mickey Rourke wanted to leave Celebrity Big Brother, says Sir Michael Fabricant

Mickey Rourke wanted to leave Celebrity Big Brother, says Sir Michael Fabricant

April 13, 2025
Sam Bankman-Fried tried to influence witness through Signal, DOJ alleges

Sam Bankman-Fried tried to influence witness through Signal, DOJ alleges

January 28, 2023

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • jutawantoto
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?