Fewer Britons plan to ringfence money for holidays abroad next year, says travel industry

The cost of living squeeze in the UK is leading to fewer people planning to ringfence money for holidays abroad next year, according to the travel industry.

Despite this, the numbers of Britons taking holidays climbed back to pre-pandemic levels this year, with Spain remaining the most popular destination.

The travel industry has warned that the current economic climate could lead to a decrease in international travel in the coming year.