Foreign Exchange
Alternative for expat pensioners hit by Nationwide fees
The news that from 1 November 2010 Nationwide FlexAccount customers will have to pay a commission charge of 2% plus a £1 flat fee to withdraw cash overseas is a blow to more than just holidaymakers.
UK retail sales give pound sharp boost
Running against expectations, UK retail sales rose by 1.1% in July, far exceeding the modest 0.4% rise that the market had forecast.
The “Sterling Crisis” that never was
When the results of the May General Election were finally confirmed and it was clear that no one party had an overall working majority, GBP/EUR plummeted 4% from 1.1845 to 1.1350 and GBP/USD fell 3% from 1.4935 to 1.4475 in just one day (7 May).
Younger Brits head for the sun as families feel holiday pinch
Despite the economic downturn having hit many people hard, with pennies having to be saved in every direction possible, a new report from Tesco Travel Money reveals a vast disparity among UK adults when it comes to holiday planning in 2010.
MPC minutes lift sterling from its lows
August Monetary Policy Committee minutes revealed a vote of eight to one in favour of maintaining the base rate of interest at 0.5%.
UK Inflation pushes sterling down
The rate of inflation in July has met market expectation, with the headline rate dipping marginally to 3.1% from 3.2% in June.
Foreign exchange made Simple
Simple, the UK’s top facial skincare brand, has teamed up once again with Thomson and First Choice to give holidaymakers even more value for their money and essential skincare advice with a free limited edition Simple Holiday Skincare pack.
35% of Brits plan to spend more while on holiday this year
More than a third of the GB population (35%) plan to take more spending money on their holidays this year than last, according to new online research by YouGov commissioned for BreadFX Prepaid Euro MasterCard.
my Travel Cash Multi-Currency prepaid MasterCard
With the next wave of gap year travellers planning their trip abroad, picking the right travel money product is key to making hard earned savings go further.
Currencies.co.uk Exchange Rate Competition – win £1,000
Currencies.co.uk is inviting people to use their skill and judgment to accurately estimate the GBP/EUR mid price at closing on 31st August 2010.
Sterling tumbles on Bank of England inflation report
Sterling tumbled to a one week low against the dollar in trading this morning after the Bank of England delivered its latest quarterly inflation and growth forecasts today.
Sun, sea and cheap surgery
Brits are heading abroad in their thousands for nips and tucks, cosmetic dentistry and medical procedures such as IVF and surrogacy that are restricted in the UK according to new research from specialist currency broker, Currencies.co.uk.
How to make your travel money go further
As the summer holiday season hots up, foreign currency specialists, HiFX outline the top destinations to jet off to this summer and offer tips on how to get the most out of your travel money.
Dollar plummets as non-farm payrolls disappoint
The dollar plunged in trading this afternoon after data revealed the U.S economy cut 131,000 jobs in July, intensifying fears about the U.S economic recovery. This was roughly double what had been expected by economists.
Sterling's strength makes Euro-breaks more affordable
Sterling's recent rise in value against some currencies has improved the affordability of holidays to central Europe and the honeymoon destination of the Seychelles.