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The Independent UK
The Independent UK
Travel
Benjamin Parker

Holiday spending surges in 2023 despite cost of living crisis

Getty Images/iStockphoto

Money spent on flights and holidays rose in the first three months of 2023 compared to the previous year despite the cost of living crisis, according to new research.

Spend data from over 24 million UK bank accounts showed a 27 per cent jump year-on-year on package holiday bookings, while for airlines the number of transactions rose by 36 per cent, according to analysis by digital advertising platform Cardlytics

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