News Archive: 2009: currency
08, 2009 December:
UK has the Ex-(pat) factor
It seems there really is no place like homes - new research has discovered that UK expats are returning home in their droves as the weak pound has sent the cost of living in the Eurozone soaring...
05, 2009 October:
Profit by exchange
While the fall in the value of sterling against the euro could spell calamity for many UK investors in European property, Foreign Currency Direct has reported that some Britons are actually choosing the moment to sell up and make a profit...
02, 2009 October:
Panic buying pounds?
People who need to buy foreign currency because they are purchasing overseas property or emigrating are bringing forward their purchases of euros and dollars because they fear sterling has further to fall, a currency trader has warned...
30, 2009 September:
Bailing back to Britain
At a time when the Pound has fallen below one Euro, Britons with property in Europe are selling up to take advantage of the weakened pound - despite property prices falling in Europe, overseas property owners in the UK stand to make up to a 16% profit simply by selling their property at the same price they bought it at...
06, 2009 August:
International savers account
Lloyds TSB International has launched an International Bonus Saver Account for international savers and property buyers that require instant access to their money, without sacrificing interest...
04, 2009 August:
Pound: tip for the top
The UK pound's value has appreciated to a 10-month high against the US dollar after positive data relating to the UK manufacturing sector led to greater hopes of a domestic economic recovery...
31, 2009 July:
Pound of flesh
Brits currently looking to buy property in the eurozone will be pleased to learn that the UK pound has today recovered from its initial negative reaction to the release of another alarming set of GDP figures at the end of last week where the UK economy fell at a rate of 0.8 per cent in Q2, far worse than consensus...
30, 2009 July:
The Great British spend
All those who planned a cheaper staycation this year in light of the credit crunch and the promise of a British ‘barbecue summer,' will have noticed by now that the barbecue summer is turning out to be more drizzling than sizzling and turns out that a British holiday is actually one of the most expensive you can take...
Long-term London
Overseas investors armed with strong currencies relative to sterling are eager to snap up repossessed properties in London, with savvy buyers seeing long-term value in the UK's capital city...
14, 2009 July:
Driving Miss Daisy
A classic British driving holiday on a shoestring -what more could you want this summer - well, how about one taking in the sights and sounds of other parts of Europe - and it's now more affordable than ever thanks to a fall in fuel prices all across Europe...
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