The research suggests labour market disruptions and the early impacts of the pandemic may have 'forced' many workers into early retirement. They also struggled more with their overall well-being and were less likely to receive a pension than those who had stopped working in previous years. Relative poverty refers to people living in households with income below 60% of the median in any respective year.Īccording to the research, many older people who left work in the year 2020-21 have had to cut their food expenditure by around £60 per week. The report warns that older people who stop working often never re-enter the workforce, meaning this group may be experiencing long-term poverty and greater hardship amid the cost-of-living crisis.

New research revealed 48% of people in this age bracket who stopped work in 2020-21 were in relative poverty, even though overall poverty rates declined that year. Travel costs will also eat in to the money you're saving, so make sure it's worth it before you buy.Īlmost half of people aged between 50 and 70 who left work during the first year of the pandemic ended up in relative poverty, according to the Institute for Fiscal Studies (IFS). Which? recommends using the Dutch or French websites, which can be cheaper than Center Parcs Europe's English-language site,.

Spending the Easter holidays at a Center Parcs in France works out £867 cheaper on average than in the UK, according to Which?ĭuring the February half term, Belgium offers a stay £448 less expensive.Īnd this October half term, you can spend £756 less in Belgium too.īut not all Center Parcs facilities are the same, so make sure to check the website and online reviews before booking. While the resorts all charge comparable prices in August, the cost plummets abroad in October, February and April.

On average, four-night stays in Belgium or France were £570 and £440 cheaper respectively than in the UK. Which? found Center Parcs on the continent were around half the price of those in the UK at certain times of the year.

Families wishing to spend some quality time at a holiday resort can save hundreds of pounds by going to Europe.

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