Britons are planning to spend more money when they go on holiday this year, a survey has suggested.

Some 32% of people said they would be spending more cash when they went abroad in 2011 compared with last year. 

The extra spending amounted to an average of £326 per person. 

The poll of 2,011 people by M&S Money found that 44% said they would spend the most money on eating out, while 12% planned to splash out on excursions.

Some 17% of holidaymakers said they would spend less while on their break this year, and 42% planned to fork out the same amount as they did in 2010.

Almost a third of those who expected to part with more money blamed the rising cost of living for their extra spending. Those who are worried about the cost of their holiday spending might be looking to save money on their travel cost this year, by searching for cheaper flights or using convenient airport transfers services rather than taxis.

Another survey has revealed that Britons will take an average of £451 spending money for a two-week holiday this year. 

The poll, carried out by currency company Moneycorp, found that 23% of respondents were planning to take less cash with them than they did last year. 

Rupert Bedell, of Moneycorp, said: “Disposable income for consumers is at a 10-year low and this has led to a smaller budget for many Brits going overseas.”

Copyright © Press Association 2011

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