Euro rate below €1.10
The Euro rate dipped to a new low yesterday, with all currency providers offering rates below €1.10/£1, this is the first time it has done this since 2010.
The collapse in the pound is bound to lead to higher prices for goods that are imported to the UK and also make holidays more expensive for British holiday makers.
We’ll be keeping a close eye on rates and see what happens over the coming weeks and months.