Chancellor Jeremy Hunt confirmed help for household fuel bills, but none for commercial premises. However, inflation is predicted to plummet in the next few months, helping cut the cost of living generally.
David Child, Thomas Cook brand and PR director, Europe, said: “The continuation of the energy price cap for another three months and the fact that we’re moving into warmer weather will give many families confidence they can afford their summer holiday. They’ve got through the winter used to paying more for food and with higher inflation generally. I think families that can afford to go on holiday will really think they can afford to go.”