June 1st, 2008
Holidaying Brits Indicated To Have Cash Concerns
The present difficulties being experienced in the currency exchange markets are causing a significant number of Britons to think twice about where they will head off in the search for some summer sun, a new study reveals.
Research carried out by moneysupermarket indicates that as the pound continues to weaken against the euro, some consumers are considering not taking a holiday on the continent in favour of destinations which are further afield. According to the price comparison site, just under a third (29 per cent) are looking towards taking a break outside of Europe directly as a result of the diminishing value of sterling compared to the continental currency.