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Foreign Exchange

Holiday cash not always on the spot

UK tourists expecting to pick up some of the most popular holiday currencies on the spot could be in for a nasty surprise when they visit high street bureaux de change, according to Post Office Travel Money.

Weak GDP figures halt sterling's rally

This morning's long awaited GDP figure has revealed that the UK economy only grew by 0.2% in the first three months of 2010.

Sterling gains after public borrowing figures exceed forecasts

Although official figures confirmed the 2009/10 fiscal year as the worst since records began, sterling has held onto this morning's gains.

Travelex wants your epic ash adventures

Travelex is rewarding travellers with the most epic journey tales from the volcanic ash disruption with the chance to win £1000 to spend on their next holiday.

Expats achieve a better quality of life

Nine out of 10 British expatriates (89%) believe they enjoy a better quality of life abroad according to the third annual NatWest International Personal Banking (NatWest IPB) Quality of Life Report.

UAE and Thailand holiday hits

The United Arab Emirates and Thailand are the holiday hits of this Easter, according to new figures from Sainsbury's Travel Money.

UK trade deficit beats expectations, pushing sterling up

Data this morning has shown that the UK trade deficit narrowed substantially in February following the disappointment of January's figure.

Heading abroad? Get travel money savvy

Heading abroad? Get travel money savvy

Holidaying Brits racked up a massive £122m in unnecessary credit card charges last year. The figure, although high, is unsurprising once you take into account all the fees your bank credit/debit card charges.

Make your Easter travel money stretch further

With Easter city break bookings on the up compared to previous years*, yet Sterling remaining at near-historic lows, holidaymakers planning a trip abroad will be looking at how they can make their travel Pounds stretch further.

Sterling awaits Budget reaction

On Wednesday of next week, Chancellor Alistair Darling is due to give his pre-budget report for the year ahead.

Sterling soars but data offers little economic reprieve

Sterling soared this morning after Public Sector Finance Data came in much better than expected. Borrowing rose to a fresh new high of £12.4 billion last month, although was well below the £14.75 billion expected by the markets.

Save money on your dream wedding abroad

Overseas weddings have gained enormous popularity over recent years. Research from Mintel found that one in six (16%) British weddings are being held abroad.

Sales of US dollar increased by 10% in 2009

Despite the challenging economic climate, demand for the US Dollar continued to rise in 2009 as Brits travelled long-haul to the USA, according to the latest American Express Global Foreign Exchange Services Currency Index.

Leasebacks offer enhanced value off weak euro

The recent weakening of the euro against the US dollar has opened up new opportunities for US, Middle and Far Eastern expatriate investors looking to purchase property in the Euro zone.

Holidaymakers adapt travel plans to fit their budget

In a potential boost for holiday companies over three quarters (77 per cent) of holidaymakers believe they will take as much holiday in 2010 as last year, according to research by Post Office Travel Money.