Credit crunch could lead to greater holiday risks

Norwich Union (NU) conducted the research to explore how the economic downturn was impacting Britons' summer travel plans. The research also found that more than half (58%) would take fewer holidays this year, and three in four were planning to take breaks in the UK rather than abroad over the course of the year in a bid to reduce holiday costs.

Other key findings included:

• 33% of Brits plan to holiday only in the UK this year

• 13% of Brits are planning fewer trips to Europe than in 2007

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