Thursday, 6 August 2015

Strong pound a bonus for holiday makers

The recent strength of the British pound against the Euro is proving a bonus for British holidaymakers heading to Europe.

Also noticing it myself has have been in Italy for the last 2 months.

"British graduate Alexander Troop has the Bank of England to thank for making his last vacation before starting work a memorable one.
The 24-year-old trainee lawyer joins an upswell of holiday makers taking advantage of a surge in the pound as higher U.K. interest rates loom. Sterling’s near the strongest level since 2007 versus the euro and has climbed against every major currency this year except the Swiss franc."

http://www.bloomberg.com/news/articles/2015-08-05/drinks-are-on-carney-as-britons-abroad-embrace-pound-s-strength

No comments:

Post a Comment