Will the plunging pound impact my travel?
Yes, as it has dropped so dramatically compared to the US dollar, it will hit hard-working families in the pocket, particularly if they are travelling abroad to America. Samuel Fuller, Director of Financial Markets Online, said: ‘Trips to Disney World in the United States just got more expensive.
This year £1,000 exchanged into US dollars will buy you around $250 less than last year. But the bad news doesn’t end there.
Dozens of world currencies are pegged to the US dollar and that has ramifications for Brits planning holidays in other hotspots too.
