Foreign Exchange
Avoid sky-high booking fees with Caxton FX
As of 1st January 2009, Ryanair will start charging all debit and credit card passengers a €5 per person booking fee. The only way fliers will be able to avoid the administration cost, is by signing up for a MasterCard prepaid card.
Continued pound weakness drives Ford price rise
Ford is announcing price increases across most of its UK range from the start of December 2009. The price rise, an average of 2.7 per cent, will apply to orders received after November 30 and are driven entirely by the continued weakness of the £.
Mistletoe and Gluhwein
Nobody enjoys Christmas traditions quite like the Europeans. If you're planning to head over to the continent for a spot of Christmas cheer, ensure you get the most out of your travel money.
Sterling set for a positive start to the New Year
Duncan Higgins, senior analyst at Caxton FX says that, "The pound has mirrored this improvement, gaining 8% from its lowest point in December 2008, when it hovered just above parity with the euro. As we near the end of this year, sterling is trading in a far stronger position with economic figures continuing to show improvement."
British home owners in Spain set to reclaim thousands
The European Court of Justice (ECJ) has ruled in a landmark legal case that the Spanish government has illegally overcharged non Spanish residents Capital Gains Tax (CGT) by 133% from 1997 up until December 2006. The ruling now paves the way for a possible £283 million refund from the Spanish government to UK citizens alone.
Good news for travellers as Sterling fights back
Rishi Patel, Head of Trading at FairFX.com comments: "If we look back to the first two weeks of October when Sterling collapsed to 1.0629 against the Euro, we can see how aggressively Sterling has fought back to regain its current position, 1.12.
Last minute holidaymakers count the cost of delay
With half term just around the corner, over 4.8 million people (10 per cent) are set to go abroad, but many of these will leave the planning and purchasing of holiday essentials until the very last minute according to new research from Post Office Travel Services.
Avoid the ski holiday slalom of foreign currency charges
Travellers planning on hitting the slopes this October should beware when purchasing foreign currency, FairFX.com reveals. Holidaymakers who buy their foreign currency from the airport risk paying as much as 14 per cent more for their money if they leave it to the last minute.
Lock into exchange rates as Sterling remains volatile, warns HiFX
Sterling fell against the majority of its major counterparts in September according HiFX's latest Global Currency Moves Report.
Sterling plummets against Euro and US Dollar
Sterling has suffered another setback this morning, after UK data revealed that UK inflation prices are continuing to fall. The inflation rate is now currently at 1.1%, lower than the forecast of 1.3% and significantly down on September's figure of 1.6%.
Holidaymakers hoard nearly £1bn in forgotten currency
UK holidaymakers could be sitting on a pot of cash of over £800 million in forgotten foreign currency, the equivalent of over 350,000 return flights to New York or 1.5 million family holidays to Spain.
Pound at 5-month low against US Dollar
The pound is currently headed for a third straight weekly decline against the greenback, as comments from the Bank of England undermine the UK currency.
Brits discard unspent currency
British holidaymakers are sitting on a pile of unspent foreign currency from their holidays, new research by Santander Cards has revealed.
FairFX.com launches unique business expenses platfom
FairFX, the online foreign currency provider, has announced the launch of its unique business expenses platform, bringing substantially better exchange rates and significant cost savings to the business travel market.
UK retirees hit hard by the pound's fall in value
Sterling's fall in value has caused serious problems for people who spend part of their time abroad, own property abroad, or who need to send to transfer money regularly overseas. Worth just €1.08 on Friday, the lowest level in five months, Sterling has devalued 26% since August 2007.