. ritain’s rich turn their backs . n a fortnight in the sun

. 

ritain’s rich turn their backs . 

n a fortnight in the sun

Nearly two-thirds of high earners told researchers that they preferred to take mini-breaks in the UK or Europe.

Just 30% liked to spend their leave on an exotic beach and only 21% opted for long-haul adventure holidays, according to the Lloyds TSB Premier Banking Service.

he news coincides with a trend towards shorter stays by visitors coming to Jersey, even during last week’s Battle of Flowers.

In the survey 1,000 people were questioned online between 2 and 15 July.

The main reason given for shorter breaks was that people had too little time to visit all the places they wanted, while 33% said that they enjoyed visiting places closer to home and 24% said that they either couldn’t or didn’t want to be away from work for too long.

hen asked what type of holiday they would most like if time was not an issue, 46% opted for a long-haul adventure.

he research found that 23% of the so-called ‘mass affluent’ earning more than £50,000, or with more than £35,000 in liquid assets, did not take their full holiday entitlement every year, while 35% said that they worked between 41 and 50 hours a week and 10% worked up to 60 hours.

ore than a third of high earners said that they had taken a year out from their career or considered doing so.

However, many were put off because of their financial and family commitments and fears that it might hinder their career.

2318August2003

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