With more and more young adults struggling with student loans and booming house prices, tourism experts are predicting a surge this year in the number of parents planning to take their cash-strapped twenty-something children away with them when they go on holiday.

Research suggests that up to 99% of over-55s eligible to make a withdrawal of their pension funds are considering the option, almost three-quarters of whom are planning on spending some of the windfall on travel, many considering a big-ticket holiday for them and their adult children.

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