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Scots 'take most holiday money abroad'

While people from Scotland typically spend the least on their holiday, they take the most spending money away when they depart, new research shows.

M&S Travel Money analysed the holiday habits of people from various regions in the UK and found that 58 per cent of people in the UK spend less than £500 per person when booking a trip abroad.

However, two thirds (63 per cent) of Scots manage to keep holiday costs below this mark.

Despite this apparent frugality, the findings also indicated that people from north of the border were likely to take more spending money away when they actually depart. On average, people from the UK exchange £256 for holiday spending, but Scots typically opt to take £287.

In contrast, people from Northern Ireland only spend £196 on foreign currency when jetting off on holiday.

"Our research shows that by taking out more currency in advance, Scots and northerners are getting the best value on their holiday money," commented James Yerkess, M&S Travel Money manager.

"Withdrawing cash once you get to your destination can also mean paying extra on charges."

A recent study found that 1.5 million people will still be paying for last year's holiday when they set off again for a trip this year.

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