Pound sterling slump after Brexit boosts tourist spending in UK
Pound sterling slump after Brexit boosts tourist spending in UK
A weaker pound in the wake of the EU referendum sees a 7% increase in tax free shopping by overseas visitors from Asia and the US
The Independent UK
The Independent UK
Swiss watch exports to UK rise as tourists make most of fall in sterling
Swiss watch exports to UK rise as tourists make most of fall in sterling
Increase taps into surge of visitors to UK, exploiting what has become the cheapest luxury market in the world, say analysts
The Guardian - UK
The Guardian - UK
Pound sterling set for all-time low against the Euro, say HSBC and UBS
Pound sterling set for all-time low against the Euro, say HSBC and UBS
There are already signs investment is being hit, with Vodafone among companies considering moving their headquarters abroad
The Independent UK
The Independent UK
Britons hit in pocket as pound nears euro parity
When UK businessman Paul Frampton bought the spending money for his family vacation to Tuscany this month, he was astonished to be charged almost a pound for each euro he bought.
Irish Independent
Irish Independent
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Michael Kors, Ralph Lauren Hit Hard by Stores’ Discounting Binge
As retailers rely more heavily on promotions to drive traffic, Michael Kors Holdings Ltd. and Ralph Lauren Corp. have been two of the biggest victims.
Bloomberg
Bloomberg
Persimmon grabs the headlines but where are the smaller builders?
America builds far more homes because it has the kind of thriving mid-size builders that have all but disappeared in Britain
The Guardian - UK
The Guardian - UK