A quarter of Brits will avoid visiting friends and family this Christmas due to the cost of travel
More than a third (34.7%) of British consumers are worried about the cost of travel and as a result nearly a quarter (22.2%) will limit how much they visit friends and family or avoid seeing them altogether this Christmas.
According to a new poll carried out by Censuswide on behalf of the Consumer Finance Association in order to investigate people’s attitudes to their finances during the festive season, almost 3 in 10 Brits (27.8%) will spend Christmas day either with their partner or alone at home, compared to just 2 in 10 Brits who will travel to visit family. A further third (29.6%) say their family are coming to them for Christmas.
The poll of more than 2,000 adults looked at how British families plan to cover to cost of Christmas including the expense of travelling to see loved ones over the festive period.
The vast majority of people are determined to avoid getting into debt over the festive season with more than half (56.3%) saying they will use money they have saved and a fifth (21.2%) using their current pay cheque. At least a quarter (26.5%) will put at least some of the cost on their credit cards and a further 17.3% will use other forms of borrowing (with just 0.8% taking payday loans).
Russell Hamblin-Boone, Chief Executive of the Consumer Finance Association said: “Travel is a significant cost that is often forgotten when people consider how much money they will spend at Christmas. This year though, people are clearly concerned about the extra cost of putting fuel in their cars and the price of train tickets to go and see family and friends.”
Only 4% of the people polled plan to go away on holiday for Christmas. According to the poll, the average Briton will travel just 62.83miles this Christmas with Londoners travelling the furthest (85.09miles) and people in the East, the shortest distances (52.88miles). As a result the average person spends £66.40 on their Christmas travel with people in London shelling out £92.95.
Less than a fifth (16.8%) of people don’t visit anyone at Christmas yet nearly half (47.2%) of us visit our parents.
Russell Hamblin-Boone added: “It would be a shame if the worry over rising travel costs put the brakes on the traditional family Christmas, and I hope that people will remember to factor in the cost of travel in their plans for the festive season.”
About the research
In November 2013, Censuswide surveyed 2,052 UK adults on behalf of the Consumer Finance Association. The respondents were randomly sampled from Censuswide’s panel of over 69,000 UK members who are are fully representative of the UK population. The survey was conducted online in accordance with Market Research Society guidelines.