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Holidays abroad on hold as war and cost of living fears hit spending

The Guardian

|

April 14, 2026

Consumers have cut back on travel spending for the first time in five years amid worries about rising costs and ramifications of the Iran war.

- Julia Kollewe

Overall consumer card spending increased 0.9% year on year in March, down from February’s 1%, according to data from Barclays.

However, travel spending fell by 3.3% last month - the first decline recorded by the lender since March 2021, during the pandemic - as people postponed trips abroad or opted for domestic holidays.

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