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Loan charges: One in four Brits 'not taking summer holidays'

Consumers who are currently experiencing loan charges may be among those who are forgoing their summer holiday this year.

Swiftcover.com's recently released quarterly Life Index has shown that a quarter of Brits will not be taking a summer holiday his year, with 66 per cent of those citing financial pressures as the reason for this.

The research also showed that of those who will be getting away, many will be working during their time off, with five million saying they would check their emails on a daily basis.

Over half a million people also said they would not be going away because they were too concerned about job security.

Amanda Edwards, senior marketing manager at swiftcover.com, said: "Summer holidays are a chance to relax and recuperate after a period of hard word.

"Brits working full time are entitled to at least 28 days of paid leave, and using the time off to relax or travel will … allow you to return to work feeling more productive and focused."

Samantha Clarke

Samantha is a former banking assistant and has over ten years experience in retail banking.
 ADNFCR-2776-ID-800637517-ADNFCR



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