One in four families say they cannot afford a holiday this summer

One in four consumers say they will be unable to afford a holiday this summer, as the cost-of-living crisis hits household budgets hard.
However, others have been frustrated by the repeated lockdowns – and plan to spend more this year on a holiday than they did last year, according to the latest KBC Bank consumer sentiment survey.

Some people had already factored in the higher cost of airfares and hotels, and expected to have to spend more, said KBC Bank economist Austin Hughes.

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