THE summer holidays are upon us and many Brits are off to the Continent - but buying euros can be tricky given the ever-moving exchange rate. Here is our guide to the current state of the market, and how to get the best price when you swap your cash. What is today's pound to euro exchange rate? Following a rise earlier in the week, just after 8am today the pound was trading at around €1.11. But actual rates for holidaymakers are significantly lower. Sterling has plunged against the euro and dollar in recent weeks as traders bet against the UK currency. It comes after Bank of England governor Mark Carney warned of an "uncomfortably high" risk of a disorderly Brexit and said banks must prepare for a recession. International trade secretary also said there is a 60-40 chance of "no deal" because of stubbornness in Brussels. A weaker pound is better for British exports - but imports will cost more, potentially driving up inflation. It also means your money doesn't stretch as far when … [Read more...] about Pound to euro exchange rate – what’s the exchange rate today and where is the best place to buy currency?
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KNOWING the right time to buy your holiday euros can be tricky as the exchange rate goes up and down. Here's our guide to the current state of the market, and how to get the best price when you swap your cash. What is today's pound to euro exchange rate? This afternoon a pound was being traded for 1.134 euros, down around a tenth of a cent from yesterday. It means one euro is worth approximately 88p. The rate has remained relatively stable for the past two months following a more volatile period earlier in 2018. Sterling had dipped below 1.12 euros on March 7 and it reached almost 1.16 on April 17. Analysts said the market was static thanks to a range of factors including uncertainty over Brexit. News of Britain's stalling housing market was thought likely to hit the pound. But that was balanced by rumours of political divisions in Europe which are said to make it more likely the UK will get a bespoke trade deal. Last August the rate briefly plunged under 1.08 euros, the lowest for … [Read more...] about Pound to euro exchange rate – what’s today’s rate, where’s the best place to buy currency and what affects the price?
As we all (hopefully) know, the Earth rotates on an axis around the sun, providing us with all manner of marvellous things like the seasons and night and day. But at the northern and southern extremes, the tilt causes incredibly long days in summer and absent days in winter. In the northern hemisphere, days of prolonged daylight hours, commonly known as the midnight sun, start anywhere from April in the far north and mid-June around the Arctic Circle and last until late August or early July respectively. So while we’re all revelling in the ability to bask in beer gardens until 10pm, there are people around the world putting up blackout blinds and feeling slightly odd when leaving clubs at 3am in the daylight. The ‘light’ of the midnight sun isn’t the same as that in the middle of the day. It has a slightly magical quality to it – similar to that which photographers often refer to as the ‘golden hour’ – and makes you feel as if … [Read more...] about A world without darkness: The best places to see the midnight sun
AS the value of the pound continues to battle against most major currencies including the euro, getting good value for your holiday cash is more important than ever. Here are the essential rules to remember whenever you're getting euros, and why you should always pay in the local currency when you're overseas. Here's the lowdown... What is the pound to euro exchange rate? How many euros you get to your pound will depend on the exchange rate on international currency markets, known as the "spot" rate. The pound to euro exchange rate, influenced by big investors like banks and hedge funds, determines how much each currency is worth in comparison to one another. If a currency is strong, it means it's worth a lot compared to other currencies, which in turn means you get better value when buying foreign currency. The reverse of this is a weak currency, which results in poor value exchanges when buying money to spend abroad. Where is the best place to exchange pounds for euros? When you buy … [Read more...] about Where’s the best place to buy euros to get a good exchange rate and should I buy at the airport?
Altrincham has been named the best place to live in the North West, knocking last year's champion, Knutsford, off the top spot. Castlefield, Chorlton, Ramsbottom and Saddleworth also topped the The Sunday Times Best Places to Live 2018. But Didsbury was nowhere to be seen. So what is it about Altrincham? Why do so many people want to live there? Why Altrincham? House prices Property hotspot Altrincham now commands the highest price premium in the country, with families paying an average of £916,300 to live in the area. A mid-market property will set you back an average of £494,230, and you could rent a starter home for an average of £670 per month. Where are the best places to live? Stuart Howe is branch manager at the local Thornley Groves. He says that properties close to local schools are like gold dust - and hard to come by. Stuart said: “When people are paying these kinds of prices they are looking to buy their forever home. It isn’t just about meeting … [Read more...] about Altrincham is named the best place to live in the North West