Rising inflation means that families will have to spend a little extra to book a getaway this half-term, the head of travel money at M&S Bank has said, as new figures reveal an average increase by 3.7% since this time last year.
Fraser Millar added:
Despite the euro strengthening against the pound over the past year, European destinations continue to prove relatively good value for money, and shorter flight times ensure the family has a little longer to enjoy the sun.
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