Call for an instant quote
0345 90 80 161
Open Mon to Fri 09:00 - 17:30 | Sat 09:00 - 16:00 (GMT)
18 January 2016 08:32
Brits want a holiday more than anything else this year, research suggests
Holidays are still the greatest spending pri ority among Britons, a new survey suggests.
They would still rather spend money on breaks than pay off their debts, according to the VoucherCodes poll of 2,000-plus consumers.
The discount site has been looking at the UK's spending intentions for 2016.
It finds that people will typically save nearly £1,800 to splash out on their holiday or other big-ticket purchases.
Money well spent
Travel insurance obviously costs a fraction of the trip itself. But it is money well spent.
It gives holidaymakers the comfort of knowing that they will be looked after should any unforeseen problems try and spoil their holiday.
Top spending priorities for 2016
More than three in four respondents (76%) plan to spend a big lump sum of money this year, typically spending £1,794.
This is where they intend to put it:
2. Settling outstanding debts
3. Doing-up their home
4. A new car
5. A new bathroom or kitchen
Optimism 'on the increase'
It seems Britons feel more confident about their finances as 2016 begins than they did 12 months earlier.
Financial optimism has grown from 25% a year ago to 28% today.
Under one in five consumers (19%) admit to being downbeat about their finances for the year ahead.
Over one out of five people (22%) claim they are likely to have extra cash left over to indulge in non-essential goods this year, with the UK economy in better shape.
Roughly one in 11 (9%) consumers say they have started using credit cards in the past 12 months to try and relieve their financial worries.
24 March 2017
People who drink moderately are less likely to suffer a heart attack, according to a new study.
23 March 2017
Passengers on certain flights into the UK will no longer be able to carry laptops and tablets like iPads in their hand luggage.
22 March 2017
Mountaineers looking to scale the world's highest peak may need to shell out for a GPS device, according to Nepal's tourism chief.
21 March 2017
The effects of being in skyscrapers, at concerts or even walking on wobbly bridges could help scientists understand the experiences of dementia sufferers, researchers are claiming.
18 March 2017
A young actor has released pictures of a lump on her throat that turned out to be thyroid cancer, with hopes the image will raise awareness and alert others who may be suffering from the disease.
17 March 2017
A "promising treatment" for aggressive blood cancer needs more evidence of its effectiveness before NHS doctors will be able to prescribe, a watchdog is warning.
16 March 2017
Millions of Brits are opting for coach holidays over jet-setting and cruises, new research indicates.
15 March 2017
Thousands of flights to and from America's north east have been cancelled in preparation for a "life-threatening" storm poised to hit the country.
14 March 2017
Seniors who experience weight loss should not put it down to the normal ageing process, experts are warning.
11 March 2017
Gatwick Airport is insisting it is still a "credible and deliverable" expansion option, as the airport experienced its busiest ever February.
08 March 2017
Strikes by French air traffic controllers (ATCs) are leading to delays and cancellations across the UK.
10 March 2017
Waiting times for kidney transplant patients have fallen significantly, health officials have said.