August holidays costs are dropping, says Cebr

Latest findings by the says the Centre for Eeconomics and Bbusiness Research suggest the cost of August holidays is now down to £4.95bn, or 5.4% of average monthly GDP. Thirty years ago, the drop was significantly higher at 8.8%, the Cebr says. Increased interests in business continuity is one of the main reasons the 'price' for some lazy days in the sun in the end of the summer is dropping. In today's fiercly competitive world, companies have to keep the show on the road with workers who are not on holiday covering for those who are, according to the Cebr. People spreading thei...