UKC

Anyone else been watching the £ vs € exchange rate - it hit 1.37 today - the highest for seven years and up 10% since Christmas. Cheaper summer hols on the way


Chris

In reply to Chris Craggs:
£ to Norwegian and Swedish krona is also at a high, roughly 20-25% up on two years ago.

In reply to Chris Craggs:

But the £ to $ is still rather crap and not looking to improve any time soon.

In reply to Chris Craggs:


Pffffffttttttttt ;(

If your involved in an industry that is a net exporter to Europe you need to take a awful lot of holidays to offset the loss of income caused by this!

In reply to Chris Craggs:

Interesting times, especially for anyone looking to buy a lot of Euros in the next few months, always hard to judge where the top will be

In reply to Chris Craggs:

Having just ordered some ski boots from Europe - yes. Good news! Thanks for being poor Greece. (Clearly not such good news for them...)

In reply to timjones:



Yes - if you don't export to Europe but are thinking of going on holiday?



Chris

In reply to Chris Craggs:

Yep. I look after a number of businesses that import goods from Europe to sell in UK. They had a tough time a couple of years ago, as low as 1:1.1 but it's looking very good at the moment.