Pound rises against the euro

Holidaymakers will be in for a nice surprise this summer as the pound has reached a high of 1.24 euro’s a height that has not been reached since November 2008. Added with the fact that most euro zone countries are struggling with the world wide recession prices are much cheaper than they were 12 months ago, meaning UK travellers will get much more for their money.

Numerous travel companies are reporting a rush of bookings since England were dumped out of the World Cup 4-1 by Germany as many travellers were waiting to see how far England would progress before taking their holidays.

At least the good news about the rising pound will give the UK travellers something to cheer about. The pound is also doing well against Eastern European countries such as Bulgaria and Croatia.

Major Tour operator Thomas Cook claimed the recent rise in the pound could save holidaymakers an average of £700 on meals, drinks, cigarettes, taxis, ice cream and newspapers.