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MoneyBank holiday breaks to cost Brits £2.6bn in August

06:50  15 august  2019
06:50  15 august  2019 Source:   uk.finance.yahoo.com

480 miles of motorway roadworks to be lifted for Bank Holiday weekend

480 miles of motorway roadworks to be lifted for Bank Holiday weekend That will mean 97 percent of the UK's strategic road network will be free from roadworks. Highways England, the government-run company in charge of the country's motorways and major A-roads, has promised to lift more than 480 miles of roadworks in time for the August Bank Holiday.

A fifth of Brits are planning to make the most of the long weekend by taking a holiday .

Bank holiday breaks to cost Brits £ 2 . 6 bn in August . British people plan to spend about £ 2 . 6 bn on trips over the August bank holiday , research suggests. "Add a bank holiday and some sunshine into the mix and it's the perfect recipe for a long wait on the motorway.".

Bank holiday breaks to cost Brits £2.6bn in August A fifth of Brits are taking a trip over the August bank holiday, survey finds. Photo: Abbie Bernet/Unsplash

British people plan to spend about £2.6bn on trips over the August bank holiday, research suggests.

A survey of 2,000 UK adults, by card company American Express, found that a fifth of Brits are planning to make the most of the long weekend ending 26 August by taking a holiday.

While 7% are going abroad, 13% are “staycationing” – preferring to take a trip in the UK, the survey found.

With those who are jetting away spending about £280 each, and those off on a domestic trip spending about £235 each, Brits will spend a total of about £2,628,027,745.

Summer's coming back! Britain is to enjoy a balmy Bank Holiday as temperatures nudge 86F at the end of the month

Summer's coming back! Britain is to enjoy a balmy Bank Holiday as temperatures nudge 86F at the end of the month Britons will be able to enjoy some sunshine over the Bank Holiday as temperatures creep up towards 30C (86F) by the end of the month. In London on Friday the mercury could reach 25C.

Each bank holiday costs the UK economy £ 2 .3 bn and scrapping them would boost annual output by £ 19 bn Scotland - 2 and 3 January; 6 April; 7 May; 4 and 5 June; 6 August ; 30 November; 25 and Bank holidays and British Summer Time Directgov - Employment. It says the UK depends far more

THE August bank holiday is nearly upon us and knowing your local supermarkets' opening hours could be a good idea. Here is what you need to know about Bank holiday chaos . Millions to face travel misery in August as Waterloo and London Bridge BOTH close. WELFARE WORRIES.

Accommodation is the largest expense for all holiday-makers. However, those going will pay slightly more than those staying – about £70 compared with £65.

Those heading oversees will also spend more on travel, at about £69, compared with just £44 for those who stay in the UK.

Gallery: Best UK staycations: The Bazaar guide (Harper's Bazaar UK)

Bank holiday breaks to cost Brits £2.6bn in August

They’ll even spend more on their vacation wardrobe, the study found. Those going abroad are set to spend about £34, compared with the £22 being spent by those staying.

Meanwhile, Brits choosing to stay at home instead of going on holiday will spend an estimated £76 over the long weekend on popular activities such as shopping (43%), eating out (39%) and going for drinks (38%).

American Express also offered some top tips for saving money this 26 August.

Three-day break... from the RAIN! Britain faces more downpours this week before Bank Holiday heatwave with 86F highs - as August is already wetter than average

Three-day break... from the RAIN! Britain faces more downpours this week before Bank Holiday heatwave with 86F highs - as August is already wetter than average Temperatures are forecast to build until Sunday but downpours will hit northern areas until Friday, with outbreaks of rain expected in some southern parts before high pressure moves in. But experts said this weekend could also see a 'south-north split' as colder downpours continue in northern England and Scotland. At least 94mm of rain has fallen across the UK between August 1 and 17 - about five per cent above the national average for the entire month, according to the Met Office.

British people plan to spend about £ 2 . 6 bn on trips over the August bank holiday , research suggests. UK Finance said mortgage lending grew by 2.9% to £ 26.1 bn in July and the main high street banks approved 95,126 mortgages, the highest number since July 2009.

Britons are enjoying an extra bank holiday to celebrate the Diamond Jubilee, but estimates of its economic impact vary wildly. In April, a report by the Centre for Economics and Business Research suggested that each bank holiday costs the UK economy £ 2 .3 bn and scrapping the lot of them

Bank holiday breaks to cost Brits £2.6bn in August © Getty Images Woman shopping in London and carrying bags on the street

How to cut costs this bank holiday

1. Book breaks early – Consider signing up to travel company emails so that last minute deals are delivered straight to your inbox.

2. Go sales shopping – If there’s an item of clothing or a special gadget on your wish list, look out for seasonal sales.

3. Make the most of the sun – Weather permitting, barbecues are a great way of feeding hungry guests while keeping costs in check.

4. Arrange in advance – Doing your homework and booking early means you could find free events or special discounted entry to places of interest for you and the whole family

5. Redeem points or rewards – If you have a credit card that offers rewards, check to see if you can redeem them to help pay for your flights, hotels or for items you need for your trip.

Explore the issues faced by the UK’s most vulnerable children and young people this summer and discover what you can do to help.


Bank holiday weekend sunshine continues as Britain to bask in 32C heat on Sunday and 33C on Monday.
Britain is ready to bask in 32C heat on Sunday as the bank holiday weekend sunshine is set to continue. The Met Office said temperatures could reach 32C today in the south-east of England, as thousands of people flock to seaside resorts and Notting Hill Carnival. And things could get even hotter on Bank Holiday Monday, with forecasters predicting a high of 33C in the same region. That would be a UK record for the August bank holiday. In

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