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Many Britons priced out of summer holidays

Industry News
Wednesday 27th May, 2026 A poll shows 19% of Britons can’t afford a summer holiday and 30% have postponed travel as higher oil and jet-fuel costs from the US–Iran tensions push up energy and travel prices; UK energy bills are also rising after Ofgem raised the price cap. This gives Wise a chance to talk about the real-world impact of cross-border costs on customers—highlighting how transparent, low-fee international payments and multi-currency accounts can help families budget, send money to loved ones and manage travel refunds amid rising travel disruption in the UK.
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Why have we flagged this?

Rising cost-of-living is suppressing UK travel demand — Wise could share data on cross-border spending, transfer volumes to travel destinations and travel-related FX behaviours.

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