Aug 4

Telegraph – Overseas property purchases affected by poor exchange rates

People buying homes overseas could be losing thousands of pounds as a result of poor exchange rates, a new report shows.

Independent analysis on the European property market found that average foreign property buyer spending £125,000 on their overseas home would receive €131,547 from a high street bank. However using a specialist foreign currency provider could result in an improved rate of €139,033 a massive €7,486 difference equivalent to around £6,600, according to GSA. (more…)

Aug 3

The Telegraph – Currency exchange: slow-coach banks still have lion’s share of market

Expatriates who rely on the high street banks for moving money abroad are being overcharged and putting up with an out-of-date, slow service.

Jul 4

Financial Times – Better life elsewhere?

Research, from Currencies.co.uk, the currency broker, showed 55 per cent of 18-24-year-olds are considering leaving, chiefly for better career prospects.

Jun 22

The Telegraph – One in three would quit the UK to work abroad

The expat way of life is attracting more and more people as nearly a third of UK employees consider leaving the country in the next five years, according to a new study from currency broker Currencies.co.uk.

Jun 9

Farm Business – Farmers losing millions from foreign currency fluctuations

Continuing exchange rate volatility between the euro and sterling could result in farmers losing out on this year’s EU subsidy payment, according to specialist currency broker, currencies.co.uk.