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If airfares increase, it means your summer holiday or weekend break abroad from the UK could become more expensive. This could impact how much disposable income families have for other things, potentially affecting consumer spending across the country as people tighten their belts.
Stories that explain this
Ryanair warns airfares could rise if oil prices stay high, warns Ryanair CEORelated explainers
Global oil market tensions Why are my flights more expensive? Oil prices and the UK economy How to save on flights Cost of a Spanish holiday Your holiday costs Why your holiday costs more Mortgage costs might riseThe full catalogue
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