Haven't cut back........to date, but I will be, to some extent, from now on.
Reason ? In the last couple of weeks, I've been looking at spur of the moment weekend trips to european race meetings, as I usually do this time of year, but the fares I'm finding are resulting in "f*%k that, the TV will have to do !"
Example: the last two years, I've booked, about this time, DUB-BUD in August for about €280, but this year it's nearly €500, and with the £/€ exchange rate down 15% too, it's a double whammy !