Cost-of-living crisis cancels traditional summer break for UK professionals

• 70.1% can’t afford a holiday

• 19.1% don’t have the time to take a summer holiday

• 16.4% simply don’t want to

• 2.6% are put off by the temperatures in Europe

Of those choosing to get away, 61.1% will have to make significant cutbacks in order to fund the break and over a third are staying in the UK.

Summer holiday destinations for UK workers 

67% of those taking a break in the UK would prefer to be going abroad but finances won’t allow it.

Lee Biggins, Founder and CEO of CV-Library said “August is traditionally the busiest month for staff to take annual leave and have a much-needed break from work, but this isn’t the case this year. Circumstances and priorities have shifted for many, especially those with young families and mortgages to pay.” 

Biggins continues “We saw a 49% year-on-year increase in applications to jobs in July, a further indication that UK workers are firmly focused on their incomes and job security this summer.”   

ENDS

Data based on a survey of 2,400 UK professionals