Brexit woes has continued to linger as one Pound exchanges for one Euro, leaving holidaymakers in misery, Daily Mail reports.
A receipt from a bureaux de change at London’s City Airport on Thursday, October 13, demonstrates how the exchange rate has dropped dramatically following the EU referendum.
This comes amid airport staff claiming travellers are becoming increasingly ‘abusive’ because of the poor exchange rates.
While the actual rate is around 1.1 Euro to the pound, airport bureaux de change charge more – angering some holidaymakers trying to get hold of some currency at the last minute.
In Stansted Airport, one bureau de change worker said: ‘You wouldn’t believe how many complaints we’ve had since Brexit.
Last week, a flash crash in the value of the pound pushed the exchange rate to lows not seen since the global financial crisis.
While the actual rate is around 1.1 Euro to the pound, airport bureaux de change charge more – angering holidaymakers
While the actual rate is around 1.1 Euro to the pound, airport bureaux de change charge more – angering holidaymakers
On Tuesday, official exchange rates settled at €1.10 to the pound and $1.21 to the pound. But bureaux de change at airports have taken the chance to slash rates to new lows.
And as half term and the festive season approaches, those heading to European Christmas markets, autumn sun in the Canaries, or visiting family in South Africa or Canada will find their trips costing hundreds of pounds more than last year.
In October 2015, when the official exchange rate was €1.349 to the pound, tourists would get €1,349 for £1,000. Today, £1,000 will get just €1,110 — €239 fewer.
And at London Gatwick Airport yesterday morning, the sense of frustration among tourists heading abroad was in full show.
