10% of Britons no longer holiday due to soaring gas prices: Survey

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Ten percent of UK residents stopped traveling inside the country as gas prices bite, The Sun revealed on Sunday following a survey it conducted, while another 7% of participants revealed that they canceled their trips to visit relatives as they struggle with living costs.

According to the survey findings, more than 12% of British car owners in general, and 20% of those aged between 18 and 24, have also stopped going to work by car because of costly gas. Some families also revealed they are no longer driving their children to school even before the summer holidays, and about 10% of individuals under 34 sold their cars.

"Soaring petrol prices are blowing a hole in the pockets of millions of families around the country," Liberal Democrat Treasury Spokesperson Sarah Olney said, as quoted by the newspaper.  

Inflation soared across Europe in recent months due to the sanctions on Russia over Ukraine. Food and fuel prices soared the most, which forced many European governments to set contingency plans and the European Union to urge European countries to cut their gas consumption.

Read more: EU: Nations must cut gas demand; business lobby warns of consequences 

Official statistics indicated in May that Britain's annual inflation rate hit a 40-year high in June due to skyrocketing energy costs, exacerbating the cost of living.

According to the Office for National Statistics, consumer price index inflation reached 9% in April, up from 7% in March.

According to the ONS, this was the highest level since 1982, and the quickest observed pace since the data series began in 1989.