People in the UK would rather cut back on some of their spending than miss out on taking a holiday.

 People in the UK would much rather cut back on some of their everyday spending than miss taking flights to Egypt and other countries.

A study by LV= showed that 77 per cent of people are making some form of cutback on their day to day spending rather than miss heading away on a holiday or other luxuries.

Holidays and weekend breaks were found to be the most important thing for consumers to still have, with 51 per cent of respondents deeming it to be essential and a total of £81.5 billion being spent on it by British households in the year to August 2011.

It found that other essentials which people are not willing to go without include going on nights out and having takeaway meals.

Those booking flights to Egypt and other nations could be planning to take their trip with family and friends, as Abta – the travel association found this was the most popular form of trip.

Written by Nicholas Scott

This site uses cookies to analyze traffic and for ads measurement purposes.
learn more about how we use cookies.

Many of the flights and flight-inclusive holidays on this website are financially protected by the ATOL scheme. But ATOL protection does not apply to all holiday and travel services listed on this website. Please ask us to confirm what protection may apply to your booking. If you do not receive an ATOL Certificate then the booking will not be ATOL protected. If you do receive an ATOL Certificate but all the parts of your trip are not listed on it, those parts will not be ATOL protected. If you have booked a flight only where the ticket is not issued immediately, your flight will be protected under our ATOL. Please see our booking conditions for information, or for more information about financial protection and the ATOL Certificate go to www.atol.org.uk/ATOLCertificate

Book with Confidence. We are a Member of ABTA which means you have the benefit of ABTA's assistance and Code of Conduct. We provide financial protection for your money when you buy a package holiday. If you buy other travel arrangements such as accommodation only this protection doesn't apply.