One in six Brits has cut their summer holidays due to the rise in the cost of living, according to a survey
According to a survey, one in six Britons does not take a summer holiday because they are making cutbacks during the cost of living crisis.
Nearly two-fifths of respondents are eating out less, people are traveling less to visit friends and family and even avoiding barbecues, the survey found.
The study, conducted by Savanta last week, asked 2,289 adults what they would be without or likely to be without this summer due to high inflation.
Around 17 percent responded in the study commissioned by the Liberal Democrats that they would not take a summer vacation.
The results were released while Rishi Sunak and his wife and children were in California for what Downing Street said was their first real family vacation in four years.
They were planning to visit Disneyland and the Prime Minister was spotted riding a Taylor Swift-style SoulCycle in Santa Monica.
In the survey, 37 percent responded that they would eat out less and 9 percent said they would attend fewer outdoor events.
About 9 percent said they would travel less to see family and friends, and 4 percent would host fewer barbecues.
The Liberal Democrats used the inquiry to reiterate their call for the government to reverse a £3 billion tax cut for big banks in the form of a cut in bank surcharges.
They want the money instead to be used to pay more living expenses for families who risk losing their homes because of rising mortgage payments.
The party’s Treasury Department spokeswoman, Sarah Olney, said: “It is disgraceful that the government continues to implement massive tax cuts for the big banks that refuse to pass on interest on savings while at the same time increasing mortgage bills.”
“They don’t deserve the rewards of tax cuts while at the same time raising taxes for hard-working Britons.
“Families across the country struggled through a winter of high energy bills, only to be hit with horrendous mortgage payments this summer.”
https://www.standard.co.uk/business/business-news/cost-of-living-summer-holiday-uk-poll-rishi-sunak-california-b1098974.html One in six Brits has cut their summer holidays due to the rise in the cost of living, according to a survey
