Tag Archives: money

Cornwall holidays: Glamping park owner shares the best time of year to visit & save money

“The blossom will have finished by around April time, and that’s a beautiful time to go.”

Meanwhile, when it comes to weather, Mr Hoblyn points to early summer.

“June is, without doubt, the best terms of weather if you want sun,” he said.

“I suppose you don’t often get many people talking about the best time to go to Cornwall because it’s not in many people’s interest since people are usually talking about school holidays. It’s no good saying they should come in June when they can’t.

“But if you look at the weather stats, then there’s no doubt that June is the best month by a reasonable margin.”

For those looking for a post-summer break, there are options too.

“October is a fabulous time. Though the weather may be a bit inclement, the sea is still warm,” said Mr Hoblyn.

“You can not believe how warm it is thanks to summer, but when you go in April it is freezing.

“There really is a massive difference between spring and autumn in the sea temperatures.

“You can always wear wet suits but in April you wear a wet suit and your face shrinks. I was appalled at how cold it was, I did try it once and never again. But in October I could spend all day surfing.”

Pound euro exchange rate continues fight to break 1.17 mark – travel money advice

“We’ve seen a massive spike in online searches for travel money deals in reaction to the news. In the last month, there’s been a 68 percent increase in traffic to the money.co.uk travel deals page, as Brits prepare for their first post lockdown holiday,” James Andrews, senior personal finance editor at Money.co.uk told Express.co.uk.

However, even with the positive rates on offer at the moment, Mr Andrews warns switching currency right now might not be the wisest decision.

“Although countries have said they will be opening their doors to UK visitors, consumers must be cautious before exchanging money at this stage,” he warned.

Travel money warning for holidaymakers ahead of Turkey, Spain and Greece reopening

“Depending on restrictions at the time, you will usually get the best deals by either ordering online or going to a travel money provider.

“If you have enough time in advance, consider taking out a travel money card that lets you withdraw cash overseas fee-free.

“The right card or account will mean you pay no commission for use overseas and get excellent rates too, but you do need to allow time for it to arrive.”

Mr Andrews points out it isn’t just the exchange rate alone that determines how much bang you get for your buck.

“To get the most for your money, make sure you don’t just focus on the exchange rate alone, you need to look at the entire package,” he explained.

“The deal with the best exchange rate isn’t necessarily the cheapest for you – there could be hidden costs like commission or delivery charges that push your actual spend above other deals with a lower exchange rate.

“When you’re deciding which deal to select, make sure you factor these additional costs into your calculations.”

He continued: “If you’re not in a position to buy in advance, or if you’re unsure as to how much cash you need, it might be an idea to get a travel money card.

“That way, you can make cash withdrawals abroad as and when you need them with no hidden fees.”

Pound euro exchange rate up but trading in 'quiet manner' – should you buy travel money?

The pound[1] to euro[2] exchange rate is trading in a “quiet manner” according to experts. It may be up this morning on Thursday but remains within range – and shows little sign of shifting beyond this. Looking ahead at today, new data is unlikely “to move the needle significantly.”
Brown added: “Today’s UK retail sales number is unlikely to move the needle significantly, meaning we may again tread water into the weekend.”

Coronavirus continues to prove a barometer for sterling’s movements.

The success of the UK’s vaccine rollout has done much to boost GBP.

George Vessey UK Currency Strategist for Western Union Business Solutions has shared his insight on how the vaccine rate across Europe has impacted the exchange rate.

“As market participants continue to follow rising infections and restrictions in Europe potentially disrupting the UK’s recovery roadmap, recent tensions regarding access to coronavirus vaccinations have also been on the radar and negatively impacted risk sentiment,” he explained.

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“Threats by the EU to halt exports of vaccines have caused a stir, not just amongst UK officials but some EU member states worry that tighter export restrictions risk damaging the EU’s reputation as a reliable source within the global medical supply chain.

“However, on Wednesday night both the UK and EU moved to calm the building tensions ahead of today’s European Council meeting on the subject.”

“From a market perspective, if Europe gets hold of more vaccines and the UK’s access is blocked, this could be deemed Euro-positive.”

Vessey added: “GBP/EUR has slipped from 13-month highs and is on track for its largest weekly fall in 2021.”

So what does this mean for your holidays and travel money?

Post Office Travel is currently offering a rate of €1.1159 over £400, €1.1321 for over £500, or €1.1379 for over £1,000.

While it may be tempting to buy holiday money while rates are good, it is inadvisable to buy them while there’s still so much uncertainty over foreign travel this summer.

Travel abroad is currently illegal with sizeable fines coming into force from Monday for those who jet off without “reasonable excuse.”

What’s more, quarantine and Covid tests are mandatory upon arriving in the UK.

Experts advise waiting until any volatility simmers down.

James Lynn, co-CEO and co-founder of travel card Currensea, said: “It may be tempting to take out foreign currency in anticipation of a future holiday, while the exchange rate is favourable.

“However, I would advise against this. Market movements are often more marginal in reality than they appear.

“’

“Once we are allowed to travel again, this will signify the end of the COVID bump and I anticipate this will mean the Pound has improved even more significantly.

“On top of this, when it comes to your consumer rights, using a travel card will always be a safer and cheaper option than using cash.”

References

  1. ^ pound (www.express.co.uk)
  2. ^ euro (www.express.co.uk)

Money talks: Women’s football ace Rapinoe earns mixed reaction after using White House speech to say she’s been ‘devalued’ (VIDEO)

US Women’s football team icon Megan Rapinoe’s speech at the White House has caused a predictable stir – and not everyone has been swayed by the veteran’s appearance after she accepted an invitation from new president Joe Biden.

Having previously emphatically shunned a potential invite from former president Donald Trump, Rapinoe addressed the White House after testifying to a congressional committee about the economic impact of long-held gender inequalities.

With the vast majority of her international teammates joining her virtually, Rapinoe also stood over Biden as he signed a proclamation to mark equal pay day, which is designed to symbolize how far into the year women must work on average to make up the gender pay disparity over the course of a year.

“Megan Rapinoe and the USA Women’s Soccer Team won the World Cup in 2019 and avoided [Trump] like he was a serial abuser,” said one supportive author.

“Today they joined President Biden at the White House on equal pay day because they trust this guy to get this done. Goal.”

Others saluted the 35-year-old’s power poses and admired her for ensuring that a smiling Biden signed papers while sitting at a desk – but some critics were unconvinced.

“Megan Rapinoe’s job isn’t playing soccer,” argued one hugely-followed political commentator.

“It’s generating revenue. She generates revenue by playing soccer. She doesn’t generate nearly as much as the men, therefore she isn’t doing the same job.

“Also, men and women are different and she’s not good enough to play on a men’s team.”

An investigative reported claimed: “Rapinoe has earned an estimated $ 3 to $ 3.5 million kicking soccer balls for a living and her fiance, Sue Bird, has raked in $ 5 to $ 8 million playing basketball.

“All for playing childrens games for a living. And the plebs are supposed to feel bad for the poor ‘undervalued’ multimillionaires?

“Give me a break. Perhaps find someone who isn’t in the top 0.1% [of earners] to champion this cause.”

Rapinoe had said: “I’m a member of the LGBTQ community with pink hair, and where I come from, I could have only dreamed that I would be standing in the position I am today at the White House.

“I’m also a professional athlete and I’ve helped, along with all of my teammates, win four World Championships and four Olympic gold medals for the United States.

“Despite those wins, I’ve been devalued, I’ve been disrespected and dismissed because I am a woman, and I’ve been told that I don’t deserve any more than less because I am a woman.

“You see, despite all the wins, I’m still paid less than men who do the same job that I do.”

She told the committee: “I feel like, honestly, we’ve done everything. You want stadiums filled? We filled them.

“You want us to be respectful? You want us to perform on the world stage?”

“You want role models for your kids, for your boys, and your girls, and your little trans kids? We have that.”
Also on rt.com Women’s soccer star Megan Rapinoe FINALLY accepts White House offer as she gets set for love-in with Biden

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Lidl shoppers can get huge discounts and money off vouchers with loyalty card – save 25%

The Lidl Plus app launched at the end of last year, offering weekly deals and discounts. It has announced the latest offers available to pick up this week.
Right now, customers can get up to 25 percent off selected items in stores.

Deals are updated every Thursday so the latest offers are available from now until Wednesday March 31.

Those visiting stores will be able to access the discounts by downloading coupons on the app.

This week features chocolate Easter treats and cupboard staples.

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Offers this week

Deluxe Milk Chocolate Bunny – was £1.49 now 99p

Favorina White Chocolate Larry the Lamb – was £1.99 now £1.49

Gelatelli Ice Cream – 20 percent off

Nixe Tinned Fish – 15 percent off

Rivercote Crackers and Crispbreads – 15 percent off

Alesto Dried Fruits and Nuts – 15 percent off

The coupons are valid for one week and shoppers have a one in five chance of winning when they make a purchase.

The app will also track how much money is spent by a customer in stores and they will earn extra coupons for hitting certain targets.

The more they spend, the more discounts will be available to customers.

The offers can be found as part of the ‘Coupon Plus’ section of the app.

Pound euro exchange rate 'notches second straight daily decline' – travel money latest

“However, I would advise against this. Market movements are often more marginal in reality than they appear.

“’

“Once we are allowed to travel again, this will signify the end of the COVID bump and I anticipate this will mean the Pound has improved even more significantly.

“On top of this, when it comes to your consumer rights, using a travel card will always be a safer and cheaper option than using cash.”

Pound to euro exchange rate 'promising' as GBP on 'steady ascent' – travel money latest

Vessey added: “GBP/EUR could edge closer towards fresh 13-month highs as Euro demand continues to fade.”

Looking at the week ahead, he said: “On the data-docket this week, Friday is a short-term indicator day – the UK reveals monthly GDP results, industrial & manufacturing production, and the trade account.”

Vessey continued: “Volatility in bond markets has sent shockwaves through equity and FX markets over the past few weeks, but the bond sell-off should be contained with strong verbal reiteration from central bankers in the coming days.

“The successful vaccination story so far, coupled with easing lockdown measures are both boosting inflation expectations as investors bet on pent-up consumer demand driving prices higher during the economic recovery cycle.”

Software guru John McAfee and his top cryptocurrency adviser charged with fraud and money laundering by US federal prosecutors

Antivirus pioneer John McAfee has been charged with fraud and money laundering by prosecutors in New York. The businessman and one-time presidential candidate is accused of fraudulently promoting cryptocurrency on social media.

An indictment against McAfee was unsealed on Friday, and names both him and Jimmy Gale Watson – an adviser to McAfee – as defendants in a fraud and money laundering case. The pair are accused of using McAfee’s social media accounts to publicize various cryptocurrencies, inflating their value and allegedly netting McAfee more than $ 13 million. Another member of the McAfee team was allegedly tasked with laundering this money in a series of banking transactions.

“As alleged, McAfee and Watson used social media to perpetrate an age-old pump-and-dump scheme,” FBI Assistant Director William F. Sweeney Jr. said in a Justice Department press release, referring to the practice of buying assets cheaply, before hyping up their value and selling them at this new, artificial price.
Also on rt.com Arrest in Spain of software genius John McAfee could spell the end of my former island neighbour’s wild escapades
McAfee has long considered himself an outlaw, and spent much of the last several years living on a yacht in the Caribbean, admittedly on the run from US tax authorities. He turned up in Spain last September and was arrested there the following month, awaiting extradition to the US to face tax evasion charges, as well as the latest fraud and money laundering accusations.

McAfee has continued to tweet his musings and observations from behind bars, while his wife, Janice McAfee, last month put out a message looking for American lawyers, preferably with a “sound understanding of cryptocurrency.”

If convicted on all of the latest counts, McAfee could face up to 60 years in prison, on top of whatever sentence he could also receive for tax evasion.

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Pound euro exchange rate ‘treads water’ before ‘market moving’ Budget – travel money tips

Chancellor Rishi Sunak is set to announce his latest Budget today, explaining how he will provide support for the nation as it emerges from its third national lockdown in the coming months. While traders anticipate the news, the pound continues to hold its position above the 1.15 mark against the euro.
However, it is likely to see some changes as news of the Budget plans emerge.

The pound is currently trading at a rate of 1.1551 against the euro according to Bloomberg at the time of writing.

Michael Brown, currency expert at Caxton FX, spoke exclusively to Express.co.uk to share his insight into how the current exchange rate.

“Sterling continues to tread water in the mid-1.15s, with the early part of the week having brought little for investors to get their teeth into,” he explained.

READ MORE: Flights: Latest TUI, BA easyJet, Ryanair & Jet2 updates

“One may assume that today’s Budget could be a market mover, and there is a possibility that it will be; however, past Budgets have never been a huge event for the FX space, and with so much appearing to have been leaked in advance, the majority of announcements are probably priced in already.

“Final services PMIs are also due, though can be safely ignored.”

According to George Vessey, UK currency strategist at Western Union Business Solutions, GBP investors are “unnerved” by the approaching news from the Chancellor.

“The highlight anticipated UK Budget will be announced by Chancellor Rishi Sunak, with all eyes on how the government will support businesses and households through the pandemic whilst unveiling plans to balance public finances in the future,” he said yesterday.

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“Sterling is sliding though, dogged by the threat of new virus variants and general risk appetite waning.

“Talk of tax increases is likely unnerving GBP investors too as a shift in fiscal strategy too soon could create an unnecessary headwind for the recovery.

“Alongside the Budget, Mr Sunak is expected to publish a review of expected proposed changes to make the UK a more attractive place for entrepreneurs to take companies public – competing with the likes of New York, Amsterdam and Frankfurt.”

He continued: “Solid manufacturing expansion in Europe is helping the bloc’s recovery and is a positive sign for the expected growth rebound.

At the moment many Britons are unable to travel under the currency lockdown restrictions which state travelling for leisure is “illegal”.

However, with the Global Travel Taskforce set to be reinstated within the coming months, there is hope ahead for holidays.

easyJet and Skyscanner have already reported a surge in bookings for the summer months after the Prime Minister suggested some international travel may go ahead from May if the Global Travel Taskforce deems it safe and possible.

In anticipation, some hopeful holidaymakers may be looking to take advantage of the current rates and swap money in advance.

James Lynn, co-CEO and co-founder of travel card Currensea, explained: “It may be tempting to take out foreign currency in anticipation of a future holiday, while the exchange rate is favourable.

“However, I would advise against this. Market movements are often more marginal in reality than they appear.

“’