08 August 2008
Over a quarter of UK consumers are taking money from their savings accounts to pay for holidays, research from Abbey suggests.
The financial services provider has revealed than 26 per cent of Brits admit to breaking into an Individual Savings Account (ISA) to fund an overseas break.
Reza Attar-Zedah, director of savings and investments at Abbey, said increases in the cost of living are leading people to use ISAs and other accounts to pay for luxury items such as holidays.
