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Travel reaping rewards of positive 'turning point for consumer confidence'

High street
Harry Kemble
5 December 2023

Non-essential spending hit its highest level since the spring last month with consumers continuing to defy cost of living pressures and divert spend towards travel, according to new monthly figures from Barclays.  

Brits continue to splash money on travel

Last month, year-on-year spending with travel agents increased by 9.2%

Year-on-year spending with travel agents increased by 9.2% in November, down slightly from a 9.6% jump in October, while total travel agent transactions grew by 14.7% year-on-year, up by 2.4% compared with October 2023. It follows a 7.1% rise in spend with agents in October.