Some 76 per cent of Britons have been on holiday in the UK during in the last five years. Many are planning a staycation this year, with the week commencing July 25 set to be the busiest week for a UK getaway.
New research by the Post Office found even in an increasingly digital world, cash is still king for those planning a staycation. The study suggested Britons carry twice as much cash with them whilst on holiday compared to their day-to-day lives, with more than £50 on average lining their pockets during a break.
The survey also found just 14 per cent of those polled want to live in a cashless society and 40 per cent of those carrying cash claim it helps them to budget and keep track of spending. Paying for ice cream scooped first place as the most common cash-spending occasion with parking and tipping at restaurants also shown to be common reasons for having coins handy.
Of those who have been on holiday in the UK in the last five years, almost a third (31 per cent) admitted to being caught out cashless during their getaway. No cash for parking was shown to be the most common financial faux pas whilst 21 per cent have been caught short without cash for public loos.
As staycation hot spots prepare for an influx of tourists this summer, with 11,500 branches across the UK, Post Office is the most convenient place to access cash for everyday holiday essentials.
Martin Kearsley, banking director at Post Office, said: “Hard-earned holidays are a time for relaxing, not worrying about being caught out by not having enough cash. Whether you’re heading to the seaside, scenic countryside or a festival, no matter the staycation destination, postmasters are on hand to help with any holiday cash essentials."
To find the nearest Post Office for your next UK staycation destination, visit here
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