The aftermath of the Budget will lead many Britons to review their finances. Among the Budget announcements that may impact households was an increase to national insurance (NI) paid by employers, which could mean that businesses hold off hiring for new roles or granting pay rises. Meanwhile, small business owners will be hit by rises to minimum wages and the NI increase and families with children in private school must prepare for VAT to be added to their fees from January.
If the Budget has squeezed your disposable income, it doesn’t mean cutting out life’s pleasures – indeed, if there’s one thing Britons are not prepared to compromise on, it’s holidays. Abta, the travel association, revealed in its recent Holiday Habits report that despite the high cost of living, travel remains as important as ever to the UK public. The study found that 84 per cent of people surveyed travelled in the 12 months to August this year, and that they typically took more holidays than in previous years.
Travel can be expensive, but there are ways to save. Here are our tips for securing an affordable trip , even when your purse strings are tighter than usual. Be flexible Price comparison website Skyscanner allows users to search for “everywhere” as a destination in order to find the cheapest flights.
Given that flight prices rose by 22.2 per cent over summer (between July and August), according to inflation figures from the Office for National Statistics, airline tickets can take a .
