What does falling pound mean for cost of holidays in Europe and US?
(The Guardian Money News)

Tips to stretch your holiday cash as sterling continues to plummet amid Brexit fearsThe drop in the pound against the euro and US dollar is bad news for anyone heading to Europe or America this summer. In April £1 bought you around EUR1.15, or $1.43. Today it is closer to EUR1.11, or $1.28. It means America is now 10.4% more expensive to visit, while the cost of a European meal out will be 3.5% pricier.It´s not all bad news. Those going to Turkey won´t believe their spending power. They are getting 52% more Turkish lira to the pound than a year ago, receiving £171 more of local currency for every £500 exchanged. Continue reading...