UK residents spent 15 percent more on their visits abroad in June 2017 than the same month the previous year, as the impact of a weaker pound weighs on the cost of holidays.
However, the added expense didn’t seem to put UK residents off going abroad, with trips abroad rising by 4 percent to 7.2 million visits abroad in June 2017. UK residents spent £4.6 billion on their travels during the month, according to the Office for National Statistics.
Conversely, overseas residents made 3.5 million visits to the UK in June 2017, a 7 percent increase from June 2016. £2.2 billion was spent by overseas residents on visits to the UK in June 17, a 2 percent increase when compared with June 16.
