The biggest single wedding expense, according to You & Your Wedding magazine, is entertaining guests. Couples spend on average £7,382 on their wedding reception, entertaining on average, 96 guests. This includes £2,448 on venue hire, £3,075 on catering, £1,205 on drinks and £654 on entertainment. The second highest cost is the honeymoon, with the average post-wedding holiday costing £2,935. The third most costly item is the bride’s engagement ring, with the average groom shelling out £1,730 for his proposal.