Brits spend less cash on holiday than before crisis

Penny-pinching Brits are spending less on holiday than they did before the recession

LAST UPDATED: 10 Jun, 2015 @ 13:36

moneyBRITS may be landing on the Costa del Sol in record numbers but they’re not flashing the cash like they used to.

Despite 2014 being the fastest rate of economic growth in the UK since 2007, it seems that Brits have got used to looking after their centimos as more of their euros are staying in their wallets.

A whopping 86% said they were spending less on holidays than before the recession, according to market research firm Mintel.

In April, 5.4 million Brits made their way to Spain, a 5.5% increase on the previous year.


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