Over half of Brits are planning on a UK holiday this year, with this week set to be the busiest week for UK staycations, according to new research from the Post Office.
The research shows that Brits carry twice as much cash with them while on holiday in the UK compared to their day-to-day lives, with more than £50 on average lining the pockets of holidaying Brits.
The poll also reveals that paying for ice cream is the most common cash-spending occasion for staycationers, with parking and tipping at restaurants also shown to be common reasons for going cardless.
More than 70% of Brits planning on going on holiday in the UK this year plan to take out cash before leaving to go on holiday, the study shows.
Meanwhile, the survey also reveals that only 14% of Brits want to live in a cashless society and that 40% of those carrying cash do so as it helps them to budget and keep track of spending.
Martin Kearsley, Banking Director at Post Office, said: “Our research has shown that in recent years the UK has become a top choice holiday destination for Brits. Hard-earned holidays are a time for relaxing, not worrying about being caught out by not having enough cash. Whether you’re heading to the seaside, scenic countryside or a festival, no matter the staycation destination, postmasters are on hand to help with any holiday cash essentials.
“Free cash withdrawals to the penny are available at all branches across the UK and small businesses benefitting from all that seasonal cash can pay it back in through any Post Office too.”
The results show that 52% of Brits lining up a UK staycation this year will be heading to the coast. However, British staycationers are more likely to be caught out by not having cash at the seaside than at any other destination.
