The bank’s monthly spending report revealed holidays and airline travel saw the biggest annual growth in spending in March.
Spending on trips abroad and travel continues to see year-on-year growth, with 37% annual growth in the amount spent on airline travel, while spending on holidays was 16% higher than in March 2022 as people look to give themselves something to look forward to.
Nationwide’s poll shows more than a quarter (26%) of Brits are prioritising spending on holidays despite economic challenges.
