“Before the VAT increase, we’d have gone on around five holidays a year, including several long-haul trips,” he says. “In previous years, we’ve been to the US a few times and stayed in New York and travelled around, visiting the Hamptons, but now it’s mostly Europe and maybe one long-haul trip a year instead.”
Moy estimates they have cut their holiday spend from around £40,000 per year to £20,000.
it’s tough out here
People: That’s fine that you go on holidays, but can we make more in a year so we can go on those kind of holidays?
Billionaires: Sure, but in order for us to also make more in a year, homes cost 100 million times more now. That’s just inflation, we can’t help it, sweaty