Holidays at home are great - but are they cheaper?

John Giles/PA Wire

The new campaign 'Holidays at Home are GREAT' has launched, aimed at boosting tourism throughout the UK in 2012.

It is the biggest ever domestic tourism campaign and sees Stephen Fry, Julie Walters, Rupert Grint and Michelle Dockery starring in a new TV ad encouraging people to visit a website offering 20.12 per cent discounts on accommodation, restaurants, attractions and transport around the country.

But is a 'staycation' really cheaper than going abroad?