- Report reveals increase in flight costs would cause nearly two in five Brits (38 percent) to go on fewer EU mini-breaks after Brexit
- Almost one in five young Brits aged 18-38 (19 percent) would opt against travelling to EU countries if data roaming charges are reintroduced
- finder.com’s interactive Brexit exchange rate tracker helps holidaymakers to see how recent developments are affecting the value of the GBP: https://www.finder.com/uk/brexit-pound
The effects of Brexit could cause over 56 percent of Brits to shun EU mini-breaks, according to new research from personal finance comparison site, finder.com.
The report reveals that increased flight costs are a key concern for Brits traveling post-Brexit, with almost two in five (38 percent) claiming they would travel less to the EU as a result. This is followed closely by uncertain exchange rates, with 33 percent reporting that a devaluation of the pound after Brexit would deter them from taking trips to the EU.
The generation most concerned about the impact of Brexit on their European travel plans is Brits aged 18-38 (67 percent). Increased flight costs would deter 44 percent and 38 percent say that a devaluation of the pound would cause them to re-think European mini-breaks.
Regionally, those in Northern Ireland (65 percent) and the North East (64 percent) feel that their travel plans will be affected the most by Brexit, with the North West of England most concerned about an increase in flight costs (40 percent).
Holidaymakers can keep up to date with how recent Brexit developments are affecting the value of the pound with finder.com’s interactive currency exchange rate tracker: https://www.finder.com/uk/brexit-pound
“Finder’s research has shown that the stability of GBP is a big concern for many Brits and a major factor when booking holidays. We advise British holidaymakers to keep an eye on the exchange rate before planning going on holiday in order to plan their spending appropriately. Our Brexit Exchange Rate Tracker offers an interactive currency exchange rate chart to track the impact that the latest Brexit events have had on the pound since the EU referendum,” said Jon Ostler, CEO (UK) of finder.com.
Re-introduction of data roaming charges would deter one in five young Brits
Rumours surrounding the return of roaming charges after Brexit have also heightened anxiety amongst young people with nearly one in five (19 percent) of 18-38 year olds expressing their reluctance to travel to the EU if a separate roaming deal is not successfully negotiated with the UK.
The region most concerned about the re-introduction of roaming charges is Scotland, with 22 percent of Scots claiming that this would affect their travel plans. Conversely, fewer than one in ten (8 percent) of those in the East Midlands feel it would influence their decision.
One in four Brits would reconsider EU mini-breaks due to longer passport queues
According to finder.com, many Brits are concerned about the prospect of longer passport queues after the UK leaves the EU, with a quarter of respondents (25 percent) reporting that it would result in them travelling less to the EU.
Those in Scotland (33 percent) and the North East (31 percent) believe this would be a major factor in the decision-making when it comes to planning European short breaks.
Loss of the European Health Insurance Card (EHIC) would drive one in five of us to change our holiday plans
If the UK leaves the EU with no deal, the EHIC will no longer be valid. While the government claims to seek agreements with countries on health care arrangements, 21 percent of Brits feel the lack of free European health cover would cause them to take fewer trips. Interestingly, Generation Z are the most concerned about health cover, with 31 percent stating this would impact their holiday plans.
“It’s understandable that higher costs may influence people to opt for more staycations, but it’s surprising that roaming charges, health insurance and passport queues have such a bearing on the choice of destination.
“Although the EHIC card does offer great benefits, it won’t cover you for repatriation nor does it cover for delays or cancellation. For less than £10, basic European travel insurance will give you the same benefits of the EHIC as well as offering additional cover and benefits. There are also many ways that you can avoid roaming charges should they be reintroduced after Brexit,” continued Jon.
Whilst the status of EU roaming charges is still up for debate, Jon Ostler advises on top tips for avoiding costly mobile data fees on your travels
- Turn off data roaming in advance of your arrival abroad as unintentional background processes – such as email – can result in hefty charges
- Wi-Fi is commonplace throughout Europe and should be readily available in cafes, restaurants and hotels. Always ensure that you are connected to Wi-Fi for emails, browsing, using internet-enabled services and you could also download music and podcasts before you head out
- If you do a lot of travelling, you should look into pay-as-you-go SIM cards. Usage will be far cheaper than paying roaming charges; however, your number will be different when you are using an alternative SIM
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For further press information, please contact:
James Richards/Aaryn Vaughan/Yasmine Triana
T: +44 (0)20 3440 8930
E: [email protected]
About finder.com/uk
finder.com is a personal finance website, which helps consumers compare products online so they can make better informed decisions. Consumers can visit the website to compare utilities, mortgages, credit cards, insurance products, shopping voucher codes, and so much more before choosing the option that best suits their needs.
Best of all, finder.com is completely free to use. We’re not a bank or insurer, nor are we owned by one, and we are not a product issuer or a credit provider. We’re not affiliated with any one institution or outlet, so it’s genuine advice from a team of experts who care about helping you find better.
finder.com launched in the UK in February 2017 and is privately owned and self-funded by two Australian entrepreneurs – Fred Schebesta and Frank Restuccia – who successfully grew finder.com.au to be Australia’s most visited personal finance website (Source: Experian Hitwise).
Follow us on Twitter for the latest updates or drop us a line to say hi: @findercomuk
Methodology
- Finder.com commissioned Onepoll to carry out a nationally representative survey of adults aged 18+
- A total of 2,000 people were questioned throughout Great Britain, with representative quotas for gender, age and region.
- The research was conducted at the end of the 2018.
- John Ostler, CEO (UK) at finder.com is available for comment, opinion or interview regarding the research
