Cost of living

HOLIDAYS are at extreme risk of being cancelled this summer, experts have warned.

The ongoing war in Iran has already resulted in thousands of flights being cancelled around the world, due to jet fuel prices and shortages.

Ceasefire talks between the US and Iran are yet to end the blockade of the Strait of Hormuz, after a previous ceasefire lasted just hours.

While UK airlines are yet to see any cancellations, Dan Jorgensen, the EU energy commissioner, said it was “very likely” holidays will be affected, according to Sky News.

This includes both cancelled flights and more expensive costs, he said, as Europe is in a “serious crisis”.

He explained: “Even if we do everything we can do, if the jet fuel is not there, then it’s not there.”

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“It is primarily a crisis of prices and not yet a crisis of supply, but unfortunately we cannot be sure to prevent a crisis of supply, especially on jet fuel in the future, if the crisis continues.”

Earlier this month, the International Energy Agency warned that supply issues could hit Europe in the next five to six weeks.

ACI Europe backed this up, saying: “If the passage through the Strait of Hormuz does not resume in any significant and stable way within the next three weeks, systemic jet fuel shortage is set to become a reality.”

Mr Jorgensen added that even if the Strait of Hormuz opened tomorrow, the “price crisis will still last for quite some time”.

It could even be years, he warned, to get down to price levels seen before the crisis.

UK airlines are yet to be affected by the fuel crisis, as many have ‘hedged’ fuel, meaning paying a set fee.

But Airlines UK, which represents a number of carriers, including BA, Virgin, easyJet, Jet2 and Ryanair, are now calling on the government for support to protect flights and holidays.

This would include temporary use of fuel type Jet A (not currently allowed in the UK) as well as relaxing the strict airport slot rules that would see airlines lose them if they don’t operate flights.

Easing night flight bans and “relieving the burden of Air Passenger Duty” have also been put forward.

A huge number of airlines have already cancelled flights in response to fears of jet fuel running out.

This includes:

• Lufthansa – 20,000 cancelled up to September
• United – around 250 a month cancelled
• Air New Zealand – around 1,000 cancelled
• Scandinavian Airlines – around 1,000 cancelled
• KLM – 160 cancelled
• Cathay Pacific – two per cent of flights up to June 30

Some flights routes have been axed entirely – this includes Norse Airways, London-Los Angeles route.

And flights and holidays have already gone up in price in recent months.

The Transport & Environment (T&E) said in a statement this week that long-haul flights are up to £77 more expensive – working out to more than £300 per family.

And easyJet warned people to book holidays sooner rather than later to avoid more price hikes.

For anyone worrying about their holiday, families are better to book package holidays rather than separate flight and hotels, as most packages offer ATOL protection (meaning you will get your money back if your trip is cancelled).

It is also worth checking your travel insurance, although most policies do not cover anything related to war.

BRITS have been warned to book their summer getaways now or face a massive spike in prices as the Middle East conflict sends fuel costs soaring.

The boss of easyJet today sounded the alarm after revealing the war has already cost the budget airline £25million in fuel hikes.

The Luton-based carrier has been hit hard by rising oil prices after Iran tightened its grip on tankers passing through the Strait of Hormuz.

Holidaymakers are being told that if these high costs persist, the extra bill will be passed directly onto passengers through higher fares across the entire industry.

EasyJet reported that the conflict has created “near-term uncertainty around fuel costs and customer demand” as families hesitate to book.

Official figures show that bookings for the peak summer months of June through to September have already dipped compared to last year.

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The airline is braced for a massive headline loss of between £540million and £560million for the six months leading up to the end of March.

Investors reacted with panic to the news as shares in the company tumbled by as much as 9% in early trading on Thursday.

EasyJet chief executive Kenton Jarvis admitted the firm has struggled.

He said: “Our H1 financial performance worsened year on year, impacted by the conflict in the Middle East and the competitive environment in some markets.”

Despite the gloom, the airline boss insisted that planes are still taking off as normal following the busiest Easter period on record.

He added: “Following our busiest Easter holiday period ever, the operational ramp up into peak summer continues as planned.”

Mr Jarvis claimed the company has the cash reserves to survive the crisis.

He said: “EasyJet’s financial strength from our investment grade balance sheet and £4.7billion of liquidity mean we are well placed to navigate current geopolitical challenges while remaining focused on our medium term targets.”

Experts are worried that the war could eventually lead to fuel shortages and forced cancellations, but the airline insists airports are currently “operating as normal” with supplies secured until mid-May.

Everything now rests on whether the crisis in the Middle East escalates or cools down in the coming weeks.

A quick resolution could see prices drop, but a long-term war could see holiday demand dry up as fuel is rationed around the world.

HELEN Flanagan has finally sold her family home for a whopping £500,000 under the asking price.

The former Coronation Street actress, 35, bought the six-bedroom abode with ex-fiancé Scott Sinclair, whom she split from back in 2022 after 13 years together.

Despite their long-term relationship and three children, the former couple never married and the family home, near Bolton, is solely in footballer Scott’s name.

But since their split, Helen has been living in the home with their kids; Matilda, Delilah and Charlie.

Last year we reported the house was put on sale for £1.5million before being reduced to £995,000.

And now, the house has been marked as sold, subject to contracts, on Rightmove.

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Despite the hefty cut from £1.5M to £995,000, the couple will still make profit from the home if it went for it’s final asking price, as it was bought by Scott for £840,000 in 2021.

In addition to its six bedrooms, the impressive home is set across three floors – with a massive walk-in wardrobe and a sprawling garden surrounding the gated home.

In January, we revealed how Scott, 37, was keen to get the home sold, while Helen wasn’t in any rush to move out.

A friend of Helen’s said at the time: “Scott pays for the house and all the bills and he’s decided a six-bedroom place is way too big for Helen on her own with the kids.

“But Helen doesn’t want to move and is digging her heels in.

“She loves the place, the kids are settled at the local school and her mum and dad live around the corner.

“Scott wants to buy Helen a four-bedroom home. He’s even offered to put it in her name but wants to stop the maintenance payments.

“The relationship has completely broken down. They no longer communicate — everything goes through her parents.”

But another pal explained Helen has spent a fortune of her own money renovating it.

They said: “The house was really run down and Helen has modernised it and made it into the beautiful family home it is today.

“Scott wants to sell to take the money out, but he hasn’t found Helen or the kids a new place. He’s not being reasonable. He and Helen are not on the same page.”

A MAJOR airline has become the first to increase luggage charges in response to the fuel crisis caused by the Iran conflict.

American carrier JetBlue has confirmed that the cost of taking baggage onboard is to go up – and others could follow suit.

The new costs will see checked bags go up by $4 (£3) for off peak, economy travellers, so will now be $39 (£30).

And the cost for peak economy travellers will go up by $9 (£6.80) so to $49 (£37).

Passengers paying for luggage less than 24 hours before the flight will pay an extra $10 (£7.50).

A JetBlue spokesperson told local media: “Adjusting fees for optional services used by select customers, such as checked baggage, allows us to continue offering more competitive fares.”

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So far, a number of airlines have already said they will be raising the cost of flights due to the fuel crisis.

Cathay Pacific, AirAsia and Thai Airways are just some that are increasing fares, along with Air New Zealand.

United Airlines said it could eventually see fares increase as much as 20 per cent.

Other airlines have said they are cancelling flights altogether.

United Airlines confirmed that it would be cutting five per cent of flights for the next few months, which works out to around 250 a month.

Air New Zealand has cancelled 1,100 fights, affecting 44,000 passengers, while Scandinavian airline SAS also cancelled 1,000 flights.

But airlines, especially budget ones, could choose to leave the cost of flights alone to remain competitive and instead raise the cost of extra fees.

In the UK, both Ryanair and easyJet have said their fares won’t be affected by the fuel crisis for now.

However, the crisis is being caused by the closure of the Strait of Hormuz – and the longer it continues, the more they will be at risk.

The Strait of Hormuz is one of the world’s most important oil routes, with around 20million barrels passing through every day – roughly 20 per cent of global supply.

Petrol and diesel fuel costs have increased by more than 17p a litre since the end of February, with a litre of unleaded petrol costing 150.11p as of March 30.

BRITS’ favourite things about a staycation include shorter travel times, avoiding the airport – and proper pub lunches.

Supporting the local economy, the beautiful green countryside and taking scenic drives also featured in the top 30.

For 28 per cent, the stunning coastlines are the best thing about staying in the UK, with over a third (35 per cent) of Brits claiming they would prefer to holiday on home turf over going abroad.

Unsurprisingly, 78 per cent felt the weather could make or break a holiday in the UK.

Eurig Druce, managing director of Vauxhall, which commissioned the research of 2,000 adults, said: “The UK is such a wonderful place to holiday, and it’s been great finding out why people love it so much.

“Everyone has memories of holidaying in the UK from their childhood, and more than ever, Brits are choosing ‘staycations’ over going abroad, whether that be because of the beautiful scenery on our doorstep or the comfort of travelling in your own car.”

The study also found 62 per cent think the best type of staycation is a ’coastal getaway’, but 50 per cent also love a city break and 28 per cent enjoy camping or glamping.

With the south west of England considered the best place to get away for 21 per cent, followed by Scotland (15 per cent) and Wales (11 per cent).

The car is the most common mode of transport (80 per cent) for Brits going on holiday in the UK, with the average person travelling just under 206 miles.

It also emerged those polled, via OnePoll.com, are willing to spend an average of £391.11 per trip.

Although, 50 per cent said rising travel costs have made them more likely to holiday within the British borders.

The research also found 15 per cent have been asked by their children to be more environmentally friendly when planning their trips, and one in 10 (nine per cent) said sustainability is a priority for them when booking.

And of the electric vehicle drivers polled, 77 per cent said having charging points at their accommodation is important.

Eurig Druce from Vauxhall added: “The Grandland Electric has been designed with families in mind, with a spacious interior, large boot and an electric range of over 300 miles, making it the ideal vehicle for a ‘staycation.’

“Whether it is stunning coastlines, rural escapes or bustling city centres, the home nations have some fantastic places on offer for people to enjoy.”

THE TOP 30 THINGS BRITS LOVE ABOUT STAYCATIONS
1.           Stunning coastlines
2.           Shorter travel times
3.           Visiting historical landmarks
4.           Green countryside
5.           Avoiding the airport experience
6.           Woodland walks
7.           Fish and chips
8.           Learning more about the UK
9.           Proper pub lunches
10.        Taking scenic drives
11.        Feeling refreshed
12.        No luggage restrictions
13.        Taking the dog
14.        Full English breakfasts
15.        Staying in unique places
16.        Wildlife watching
17.        Supporting local independent shops
18.        Watching the sunset
19.        Everything in a language you understand
20.        Familiar shops and produce
21.        Ice cream
22.        Not having to worry about exchange rates
23.        Live music
24.        The people
25.        Amusement arcades
26.        Local festivals
27.        Farmers’ markets and local produce
28.        Proper tea
29.        Trying regional dishes
30.        Sleeping in without the guilt of missing the day

GO to Dungeon Lane today and it’s strange to think it occupies a special place in Paul McCartney’s heart.

Yet it will go down in pop history alongside other street names associated with him, joining Penny Lane and Abbey Road.

Situated in the Speke neighbourhood of Liverpool, the L24 postal district, a faded road sign sets the tone for its desolate air.

It is bordered on one side by a solar farm business and, on the other, by a fenced-off area of scrubland which separates it from the city’s John Lennon Airport.

Before you get very far, a bright yellow “emergency access gate” bars further exploration.

But, as a child, Dungeon Lane was McCartney’s gateway to a stunning rural idyll where he could escape the hustle and bustle of urban life.

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In the Fifties, the lane took him past a daffodil farm to the Oglet Shore on the widest stretch of the River Mersey.

I wonder if young Paul, a keen birdwatcher, ventured into this wilderness clutching his trusty The Observer’s Book Of Birds.

There, he may have spotted any number of waders — curlew, snipe, dunlin, black-tailed godwits.

What we do know is that his lifelong love of our feathered friends began in those days.

This helps explain the compositions dotted through his career such as Blackbird with The Beatles, Single Pigeon with Wings, Two Magpies with The Fireman and solo efforts Jenny Wren and Long Tailed Winter Bird.

To McCartney, his early rambles into the countryside represent humbler, simpler times before The Fab Four exploded on to the scene, before his storied life in the dazzling glare of publicity.

Sir Paul, 83, has called his 19th solo album The Boys Of Dungeon Lane . . . which is, as he suggests, a trip down memory lane.

He got the title from the lyrics of its first single, Days We Left Behind, released yesterday, a nostalgia-filled acceptance that he has a far longer past than future.

Intimate, beautifully sung with Macca playing acoustic guitar, bass, piano and harmonium himself (how does he do that!?), it is the first taste of a project that has been five years in the making.

“This is very much a memory song for me,” he says. “I was thinking about just that . . . the days I left behind.

“And I do often wonder if I’m just writing about the past — but then I think, how can you write about anything else?”

For McCartney, the song conjures up “a lot of memories of Liverpool. It involves a bit in the middle about John [Lennon] and Forthlin Road which is the street I used to live in. Dungeon Lane is near there.”

Paul was born on June 18, 1942, to his midwife mother Mary and salesman father Jim, and they moved with younger brother Mike to 20, Forthlin Road, Allerton, in the mid-Fifties from Speke, where they had lived since 1947.

We also know that Paul first bumped into John on July 6, 1957, at roughly 4pm, at a garden fete behind St Peter’s Church, Woolton.

In Days We Left Behind, he sings of the bond he formed with the lanky lad 20 months older than him: “We met at Forthlin Road/And wrote a secret code/To never be spoken.”

Continuing his reflection on the song, he says: “I used to live in a place called Speke which is quite working class.

“We didn’t have much at all but it didn’t matter because all the people were great and you didn’t notice you didn’t have much.”

As already mentioned, birdwatching was a hobby, one that required little cash and gave him a lot of pleasure “in the nearby woods and fields”.

A recent entry in Macca’s Spotify playlists, under the banner Sticking Out Of My Back Pocket, came accompanied by these musings . . .

“My mum had the midwife’s house on the edge of Liverpool, where we lived,” he says.

“It was where Liverpool just stopped and became deep countryside, so that was when I had the opportunity to do quite a bit of birdwatching.”

He particularly cherishes the moment he saw a “skylark rising into the sky, singing its sweet song”.

That unforgettable sight has found its way into Days We Left Behind, with its lines, “In the skies the skylarks rise/Above the sounds of war/Since that day I knew they’d stay/With me for evermore.”

All these decades later, he reflects: “And now because I live part-time on a farm [in Sussex], I’m able to see a lot of birds and I don’t need The Observer’s Book Of Birds quite so much as I did back then.”

McCartney’s new album promises to be one of the most personal, most autobiographical song cycles he’s ever recorded, while also finding room for up-to-date love songs dedicated to third wife Nancy.

Yesterday’s announcement states that it finds him in a “candid, vulnerable and deeply reflective mood, writing with rare openness about his childhood in post-war Liverpool, the resilience of his parents, and early adventures shared with George Harrison and John Lennon”.

I’m guessing here but songs yet to be heard, Momma Gets By and Salesman Saint, appear to be affectionate remembrances of mum Mary, who died when Paul was just 14, and dad Jim.

This is not the first time Macca has delved into his early years for songwriting inspiration.

I talked to him about the playful On My Way To Work, which appeared on his 2013 album, New.

He called it a “collection of memories all morphed together”, providing a fascinating glimpse into his life before Beatlemania.

“It’s about me going to my first job, before The Beatles took off, which was working on a lorry for a delivery company called Speedy Prompt Deliveries — SPD.”

McCartney described going to work on the council-run green and cream buses which led to him looking at risqué magazines like Parade.

“I’d go on the bus at some unearthly hour of the morning,” he said. “I might buy a magazine and look at the nudies. I was too young to be interested in the news!”

He remembered how hard-up kids like him ripped the fronts off cigarette packets and traded duplicates with their mates, instead of collecting “football cards or, like in America, baseball cards”.

“It was like, ‘I’ll swap you two Craven A for a Woodbine’. Then there were the posh brands because this bus route went from the centre of Liverpool to the outskirts.

“Posh people would be smoking Passing Clouds or Sobranies and packets of those were very prized.”

Another song, Queenie Eye, referenced a childhood street game from “1940s Britain”.

“It’s what we used to get up to before video games and that whole home entertainment thing,” he said.

“Someone would be elected to be ‘the one’ or the ‘queenie eye’. We’d all stand behind that person and he would throw a ball over his head and one of us would catch it and hide.

“Then we would all chant, ‘Queenie eye, queenie eye, who’s got the ball? I haven’t got it. It isn’t in my pocket!’ It was simple entertainment for simple minds but great fun.”

Now it is time to return to the 2020s and the creation of The Boys Of Dungeon Lane, the follow-up to his captivating lockdown album, McCartney III.

This time, we’re told we can expect “Wings-style rock, Beatles- style harmonies and McCartney-style grooves”.

The process began around five years ago when Macca met American live-wire producer Andrew Watt, known for his work with Ozzy Osbourne, Lady Gaga, Post Malone and The Beatles’ greatest Sixties chart rivals, the Rolling Stones.

Watt, I gather, “pulled a guitar” on his latest rock icon, who instantly happened upon a chord he didn’t recognise.

As the story goes, the ever- experimental McCartney changed one note, then another, until he had a three-chord sequence.

That led to his new record’s opening track, As You Lie There, which in turn set the ball rolling for the other 13 songs.

It’s remarkable that, as with McCartney III, he is credited with playing all the instruments himself across the whole thing.

It brings to mind how at ease this enduring music obsessive seemed as he suggested specific drum beats and fills to Ringo Starr in The Beatles’ Get Back documentary.

With Macca still touring and playing momentous shows like his 2022 Glastonbury epic, Days We Left Behind has been honed over half a decade when time permitted.

During that period, he even managed to introduce the Stones to producer Watt, who helmed their 2023 comeback album, Hackney Diamonds.

When McCartney was in Los Angeles working with Watt, he was brought in to play bass on Mick Jagger and Co’s punk blast, Bite My Head Off.

Upon its release, I spoke to Keith Richards who was made up over their special guest.

“Yeah, Macca just strolled in with his bass,” the guitar legend drawled. “I think the song reminded him of those times [in the Sixties]. Beatlemania was equally as bizarre as Stones mania.”

There’s a moment towards the end of Bite My Head Off where you can hear someone saying, “Come on Paul, play something”.

“That might have been me,” smiled Richards.

But this is all about Britain’s greatest living songwriter, Paul McCartney, and his new album The Boys Of Dungeon Lane.

Time is precious but when it comes to music and life, he’s still facing forward at 83 — even if he’s remembering a youth long ago when “in the skies, the skylarks rise”.

BRITS are urged to apply for passports now before the price hike.

Holidaymakers have only 21 days before the application fees increase to £102.

From April 8, passport fees are set to rise sharply from £94.50 to £102.

It’s the third year in a row prices have gone up, meaning Brits will now pay 24% more for a passport compared to renewing back in January 2024.

And it gets worse if you apply by post, with fees jumping from £107 to £115.50 for adults.

Kids aren’t spared either, with children’s passports rising from £61.50 to £66.50 online, or from £74 to £80 by post.

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The Government says the increases are needed to make the system self-funded rather than relying on taxpayers.

Officials insist they’re not making a profit, with fees instead covering processing applications, supporting Brits overseas and managing UK border checks.

Standard applications take on average three weeks to process, which is the exact date when the new price comes into force.

So if you want a passport before the cost shoot up, you can apply for one-day premium service.

And be quick as the premium service will go up from from £222 to £239.50 in April as well.

FOR some, upping sticks and moving to another country is just a pipe dream – for others, it becomes a reality.

In 2023, Rob and Lisa took the plunge and swapped life in the UK for one in south- western France – they got their new home for a bargain price and say it still feels like a holiday.

Rob and Lisa have starred in the latest episode of A Place in the Sun: What Happened Next? which showed their progress 10-months after moving to France.

But talking to Sun Travel, Rob revealed he and his family have been living there now for two and a half years after ditching their life in Hastings.

They now live in a rural hamlet in a three-bedroom barn conversion with two-acres of land.

Rob explained: “We bought our house in France for £137,000 – but back in the south of England, for a property this size, you’d be pushing north of £2million.

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“Our life now is completely different to the one we left behind – everyday feels like a holiday.”

The retired couple live in the French region of Charente with their two young children Robbie, 11, and Evangeline, 4.

Not to mention all their pets; three ponies, chickens, a dog and a cat.

One major difference that the family found when starting their new life is that the culture is very different, and it’s not a bad thing.

Rob said: “The French work to live rather than live to work.

“I found that they take two hour lunch breaks very seriously. You have to be careful if you go to the shops because they will be closed for a few hours from midday.”

Lisa added: “Everything moves a little slower and things take longer to go through than they do in the UK, but you need to embrace the lifestyle.”

Rob continued: “We’ve been having the time of our lives since we moved here, it still feels like a holiday – and we never set an alarm.

“You can be spoiled very quickly in France, and you can get used to life here – but I don’t want to get used to it.”

Lots of Brits move to find better weather than the UK offers, and Charente is generally much milder.

Summers can see highs of 30C, but can get even hotter – Rob said that the day the family moved in it was a scorching 39C.

In the winter, it rarely gets into the negatives but it does take a while to warm up the house when it’s chilly as there’s no central heating – their home has a log burner instead.

As for other costs, the couple said that the cost of living in Charente is cheaper than in the UK.

Rob said: “Our equivalent of council tax in France is called Taxe Foncière and I pay €1,500 (£1,296.07) a year.

“Whereas in the UK I’d be paying north of £2,000 – utilities are little cheaper too.”

When it comes to food, it’s generally like for like – unless as Rob says “you want to live off a diet of beer and whisky.”

But one upside is that you can pick up a quality bottle of wine for a couple of euros.

Rob revealed you can buy a bottle of J.P. Chenet for as little as €5 (£4.32).

While there aren’t necessarily bars in the surrounding French villages, there are plenty of local restaurants.

Rob said: “You can’t go wrong with French food, they don’t know how to do a bad meal.

“Everything is so exquisite and with real passion.”

The language barrier hasn’t been a problem either.

Rob said: “Well, I’m four years into Duolingo. I can go into a shop or a hairdressers and hold my own. My French isn’t perfect, but I can get by.”

“Our children speak the language, and they have such a great accent that even the French can’t believe they’re English.”

Speaking of the English, there’s a large expat community in the region with around 16,000 Brits living there.

Although in the hamlet where the family live they say their neighbours are split with around half being English, and half French.

The region is generally quiet off-season, but when summer arrives, it gets much busier with visiting British tourists.

Rob confessed that when that time arrives, he tries to avoid the holidaymakers.

He said: “If they hear my English accent in a shop they’ll come over and ask questions, so Lisa and I start speaking French to each other to avoid that.

“It’s sad as well, sometimes local restaurants can seem more like Wetherspoons because it’s full of loud English people.

“I think when tourists come over, they need to try and blend in more with the locals – the French are much more quiet, but very friendly.”

Thanks to their new life in France still feeling like a holiday, the family haven’t taken an official break yet, but plan on visiting Disneyland Paris later in the year.

The country’s capital and the theme park is a five hour drive north of Charente.

Or, if they fancy the beach, La Rochelle is less than two-hours away by car and the city of Limoges can be reached in an hour and a half.

As for leaving life in the UK firmly behind them, Rob and Lisa confess there’s nothing they miss, apart from family members.

But one-way flights to where they are in France can be very cheap, with the closest airport being in Limoges.

In May, you can get one-way tickets from London Stansted to Limoges for as little as £13 with Ryanair.

A Place in the Sun: What Happened Next? airs weekdays from March 16, 2026 on Channel 4.

You can catch up on Rob and Lisa’s episode on Channel4.com.

And if you want to keep up with Rob and Lisa’s home renovation and hear more about taking on the move from the UK to France, check out their YouTube channel Escape to France – Charente.

For more on A Place in the Sun success stories, one woman bought her dream home in Spain for £45k.

And here is a beautiful Spanish city that ‘has it all’ with cheap flights and is loved by A Place in the Sun presenters.

BRITISH holidaymakers have been caught up in the Iran crisis, with thousands stranded abroad and even more fearing for their upcoming trips.

But if you haven’t booked your holiday yet, should you be doing it now to avoid any price hikes?

Due to the ongoing US-Iran conflict, the cost of jet fuel has spiked, with airline fares already spiking in response.

Before the attack, prices were around $90 (£67) per barrel.

However, this has now jumped to as much as $200 (£149) per barrel – the highest prices since Russia invaded Ukraine in 2022.

Jet fuel makes up about a quarter of the cost of airline operations, according to the IATA.

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In response, airlines such as Qantas, Scandinavia’s SAS and Air New Zealand have all raised flight prices already.

Some airlines such as Ryanair, easyJet, British Airways and Virgin Atlantic, are less affected as they have secured some of their fuel at fixed prices for a set amount of time – called hedging.

Ryanair boss Michael O’Leary said the rise in jet fuel “won’t affect our costs and it won’t affect ​our low fares,” something easyJet also echoed.

But flights elsewhere are likely to go up in the next year or so, as the conflict continues.

Most airlines in America do not protect themselves against jet fuel price increases, meaning Brits are likely to see more expensive transatlantic fares.

According to research from Skift this could cost US airlines as much as $24billion in extra fuel costs – working out to 11 per cent increases on flights.

Not only that, but the closure of the Strait of Hormuz – one of the world’s most important shipping routes – is also having a knock-on affect and could lead to shortages.

James Noel-Beswick, head of commodities at market intelligence firm Sparta Commodities, told the BBC that it was very likely” that prices will increase this summer.

He added: “I think we’re weeks away from maybe flight cancellations or delays due to lack of jet fuel, rather than months.”

So, what can Brit holidaymakers do?

If you were planning on booking a package holiday, many tour operators allow you to lock in a cheap price, and simply pay a deposit, with the full balance coming later.

Jet2 allows you to book a holiday with a £60pp deposit while TUI has a number of £0 deposit schemes.

Loveholidays has deposits from £19pp, as well as a “Best Price Promise” that refunds the difference if your holiday is cheaper within seven days of booking, plus an extra £5 per person.

Destinations like Spain – already one of the most popular holiday destinations for Brits – are likely to see even more demand this year along with Greece due to being seen as ‘safer’ holiday destinations.

This means you might see a jump in price more than usual as well.

Other popular destinations like Cyprus is already seeing some booking cancellations after a drone attack on an RAF base on the island.

Hoteliers have said cancellations are affecting holidays in March and April – this is despite Cyprus remaining on the safe travel list.

Dubai is still on the “only essential travel” list so holidays to the UAE city are currently suspended, along with Jordan also on the travel ban list.

Even destinations like Egypt and Turkey are being affected, with a number of Sun readers concerned about holidays to both.

The Sun’s Head of Travel on which holiday destinations to go to instead this year

The Sun’s Head of Travel Lisa Minot, explains: “There’s no doubt the current crisis in the Middle East is going to have a seismic impact on our holiday habits.

“Reports of travellers stranded in the UAE and across the globe will certainly prompt those looking to travel long haul to look at alternative ways to fly – with direct flights to places like Thailand, the Maldives and Japan sure to be very popular.

“Closer to home, the situation will sadly likely impact destinations like Turkey, Egypt, Cyprus and possibly even Greece.

“And with soaring fuel costs, tour operators will be looking to price alternative destinations competitively. 

“But there are other options – our traditional resorts in places like Spain and Portugal are good, safe bets.

“Comparison giant TravelSupermarket has crunched the numbers for this summer and declared Spain’s Costa Calida one of the best-value destinations for this summer. 

“Dubbed the ‘warm coast’, this region stretching along the south eastern region of Murcia is one of Spain’s most underrated coastlines with 150miles of beaches, crystal clear waters and the unique Mar Menor lagoon, Europe’s largest saltwater lake.

“Also worth exploring arethe likes of Montenegro, Albania and even North Macedonia for cheaper hotel and restaurant costs as well as traditional favourite Bulgaria.

Both countries have not been affected by the Iran crisis and the tourist resorts remain safe to travel to.

Long haul holiday destinations are likely to see a spike in prices too, as Brits try to avoid booking connecting flights that go via Dubai, Doha and Abu Dhabi.

Some popular countries include Thailand, Vietnam, the Maldives and Bali, all of which usually fly via the Middle East.

There are alternative stopover destinations, usually via Turkey, Singapore or Hong Kong – but the soaring demand is likely to see these cost more this year too.

And with longer flight times? More jet fuel, so even more costs being passed on.

Here are five lesser visited coastal resorts to visit this year.

And here is another lesser known European city that is a bargain weekend trip.