The exchange rate between the pound and the euro fell this week to €1.118 – down from the €1.141 recorded last week – as a result of a number of factors.
A poor performance in some areas of the UK’s economy has weighed on the currency, while uncertainty over the stability of the Conservative party and Theresa May’s grip on power as prime minister has further rattled investors following the party’s conference, the Express reported.
What does all of that mean for the average person though? Well, if you’re planning a trip to Europe it means you’ll get less for your money, and this will therefore will bump up the cost of your break.
If you were thinking of jetting off to Europe in the coming months, you may want to consider staying in the UK instead. There are some wonderful places to visit in our own country and if you and a group of friends organise mini bus hire from High Wycombe you won’t even have to do all the driving.
To give you some inspiration, the Telegraph recently highlighted five of the UK’s most magical islands, all of which could make the perfect base for a weekend escape.
Among them is the Isle of Man, which although best known for the high-octane TT motorcycle racing, has some stunning scenery. According to the newspaper, it has elements that resemble many other parts of the UK, from the Lake District to Scotland.
Talking of Scotland, the Mainland in Orkney is a great place to explore for anyone with an interest in historical sites, as you can visit Skara Brae, a village older than Stonehenge and the Pyramids.
Barra, in the Outer Hebrides, Rathlin in Northern Ireland and Osea Island off the coast of Essex also made the newspaper’s list.