- Just 2% of Brits pack the NHS-recommended amount of suncream
- 69% of British families of four need EIGHT more bottles than they packed
- It costs up to £17.45 for a 200ml bottle of sun lotion in Ibiza
- Much cheaper to buy in the UK before travelling abroad
A new survey from Holiday Hypermarket has revealed some startling statistics about Brits abroad.Not only do we not take enough sun cream with us on holiday, we then end up paying over the odds to buy more when we get out there. It means British holidaymakers end up spending up to £13 more per bottle, which means a family of four would shell out over £100 more than they need to.
What’s more, of the 2,000 people questioned, 25% said they take no suntan lotion at all with them on their holiday, and just 2% take the NHS-recommended* four bottles person for a week-long sunny holiday.
With the costs being significantly higher in many popular package-holiday destinations, British families are wasting money buying sun protection abroad, when it could be purchased at home for way less.
How much sun cream do we need?
The NHS recommends four bottles per person per week. That’s enough for two tablespoons of lotion applied five times a day. Almost 90% of respondents in the Holiday Hypermarket survey** said they take two or fewer.
How does buying abroad compare?
Post Office Holiday Costs Barometer*** says Britain is one of Europe’s cheapest countries to purchase suntan lotion – the average price for a 200ml of branded factor-15 sun cream is just £4.50.
In Ibiza, the average cost for the same product is a dazzling £17.45, while in Majorca it’s £13.15, and in Sliema, Malta, the typical price is £11.51.
For a family of two adults and two young children, who only take four bottles of sun lotion for a one-week holiday in Ibiza,that’s an extra £103 to buy eight more bottles during their break. That’s definitely going to leave Mum and Dad sore.
The table below shows the average cost of sun lotion in package holiday destinations across Europe, plus the extra cost of buying eight bottles in that destination compared to the UK.
|Location||One bottle: average cost for 200ml SPF15 branded sunscreen||Eight bottles: total cost of buying at holiday destination||Eight bottles: difference in cost compared to buying in UK|
|LISBON COAST, Portugal||£7.02||£56.16||£20.16|
|SUNNY BEACH, Bulgaria||£2.34||£18.72||-£17.28|
Craig Duncan of Holiday Hypermarket says: ‘Cost is one of the most important considerations for any holiday, yet Brits are underestimating the amount of sun cream they need and then wasting hundreds by stocking up abroad.
‘A British family can spend an eye-watering £200 to buy extra lotion for a two week holiday in Ibiza. That could easily cover a few delicious family meals, a room upgrade or new holiday clothes.
‘Buying enough sun cream at a supermarket in the UK is one of the most effective money-saving holiday hacks there is!’
See the infographic here:
7 Signs Your Business Face Financial Trouble
Within the last few decades, many companies, from high-profile mainstays to small local businesses, have fallen by the wayside. While some of those closures, administrations, and liquidations come seemingly out of the blue, there are somewhere in actuality the warning signs for the business were there before the final nail was driven in.
Listed below are seven key signs your business is in financial trouble.
Your Cash Flow Is Imbalanced
As the word goes, running a business, “cash is king.” An easy cash flow, where enough arrives to cover your outgoings, is key to keeping your organization operating. However, this flow could be sensitive, especially in small businesses. A supplier or customer perhaps not spending punctually may impact your cash flow, as may premature expansion or overspending in times wherever in actuality the going is good.
Negative cash flow is appropriate in the temporary while a fledgling company sees its legs or in the aftermath of an important expansion. But without positive cash flow, in the future, a small business cannot pay its costs and thus cannot survive. If your fund office is postponing spending its costs or team, it may indicate imbalanced cash flow.
Creditor Pressure Is Growing
The best way to help keep your creditors happy and minimize the pressure on your own company’s shoulders is to cover them on time. If your outgoings outnumber your income, it’s tempting to delay spending invoices. But doing this is just a sure-fire treatment for sour relationships along with your creditors, who may start chasing you for payment.
This may start the slippery slope into further trouble, as they’re likely to carry on chasing you until your debts are paid off. Creditors could even resort to legal action in an endeavor to retrieve their money, and you might wind up facing bailiff action.
You’re Always Refinancing
Refinancing alone isn’t an indication of financial trouble; it is a legitimate way of freeing up cash tied up in company assets by borrowing money secured against an assets’value. It can be used to lessen rates. While refinancing once isn’t abnormal, the business must manage to afford the repayments. If it occurs usually, it could be a sign of higher financial problems, and lenders may become cautious of companies continually refinancing, which may lead to more economic troubles later.
Until you are the main trader, staff are one of the very most vital the different parts of your organization, and employee morale often correlates along with your company’s health. One of the very obvious signs of financial trouble linked to staffing is layoffs and cutbacks in employee benefits, bonuses, or even a pay freeze.
The business could also change its contracts with staff, reduce hours, introduce zero-hour contracts or make staff work more for the same money. Doing so risks souring relationships along with your personnel and could cause to another location point.
Bad Company Atmosphere
Reducing advantages while increasing objectives on personnel will likely result in a bad environment and a drop in work satisfaction. Work can become less of a place of work and more of a place for fighting fires, constantly coping with problems instead of being productive. Team may lock onto that downturn and modify the atmosphere and start causing higher figures, too, taking people back to the last position about staffing issues.
Counting on Individual Contracts or Projects to ‘Sort It Out.’
Whenever a small business is operating healthily, it will have many clients or customers on the books with consistent income. Businesses in a less healthy position might put more weight on the agreements they do have. If one improvements company or stops being fully a regular source of business, the consequences will have an even more detrimental impact.
You could notice the company is relying more on fewer clients or focusing all of its efforts on acquiring new ones to the detriment of those they already have. This could sour relationships with existing customers and be described as a sign the directors are desperate for income.
Your Customers Have Noticed
Clients are very good at spotting when things change, and if they feel they’re getting less while paying the same money, they’re unlikely to stay quiet. If your employees are unhappy, prices suddenly rise, or benefits such as loyalty programs are scale back, rumors may start circulating, customers may start asking whether you’re closing, and in the worst-case scenario, it could get found by local or national media.