British people's spending on holidays has soared by more than 50 per cent compared with the beginning of the decade, new figures revealed today.
The average British household is likely to spend £1,801 sterling on trips in 2007 - a 52.6 per cent increase on the figure for 2001, travel insurance company Insureandgo said.
It added that the total cost of holidays, including money spent while away, was rising at a rate of 8.92 per cent a year.
Londoners are spending the most on their breaks away, averaging £1,965 a year on holidays between 2003 and 2006. Those in the north east of England average the least during this period - at £1,144.
