'Brits would rather give up spending on holidays than mobile phones'
Brits would prioritise spending money on communication technology over holidays and eating out, according to a new report.
'Brits would rather give up spending on holidays than mobile phones'”
According to a report by watchdog Ofcom, 47% of those polled said they would save money on eating out, in comparison to just 19% who said they would cut back on mobile phone usage.
A total of 862 people were asked where they were most likely to cut back on spending during the recession.
The results showed that 41% would cut down on DIY, 41% on holidays, 16% on TV subscriptions and 10% on broadband services.
An average of 310.71 was spent on average per household on internet services last year, compared to £11.37 in 2007.
One person who may not be keen to give up spending on travel is Meera Syal. The comedian recently admitted that she is a terrible spender on books and travel, although she is generally a saver.
She told the Sunday Times that she spends money on a Barclaycard, which she pays off every month.
Written by Sarah Nyman
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