holiday euros - buy before election

EasyLay

Hello all,

I am going on holiday to Spain a few days after the general election. It's looking more and more like a hung parliament, so should I buy my euros now in case sterling takes a dive?? Where's the best deal for holiday money?

thanks in advance
EasyLay

PhylPho

EasyLay wrote: »

Hello all,

I am going on holiday to Spain a few days after the general election. It's looking more and more like a hung parliament, so should I buy my euros now in case sterling takes a dive?? EasyLay

Georg Soros used to ask the same thing years ago. . .

The £GBP to absurdly over-valued Euro rate is bad enough as it is.

But the usual /market sentiment' doesn't apply anymore: though conventional wisdom always favoured firm, decisive government by an administration with a rock-solid majority, 13 years of Commissar Brown and the creation of The Socialist State of Great Britain has kind of put the £multi-billion mockers on such naivety.

So the prospect is:

(a) more Commissar Brown / ZanuLabour and a debt so big the only things this Socialist republic will be short of are the bananas it ought to be growing;

(b) ZanuLabour in tandem with, though quite unaffected by, some telegenic if demented LibDems obsessed with Europe and joining the Euro at the precise moment the actual engine of the Euro -- the Germans --are desperately trying to figure out a way to get clear of it;

(c) a bunch of glib over-privileged yoofs from the Tories building on the Conservative Party's long tradition of being utterly unable to understand anything about economics (remember: this was the same party which consistently voted against the minimum wage, though it did set up telephone hot lines to report errant motorway traffic cones);

(d) Incompetent Tories in tandem with demented telegenic LibDems achieving nothing at all;

(e) a mixture of all the above in conjunction with the men from the IMF.

If you can see any basis for optimism in any possible outcome of the May 6th election, then by all means, buy your Euros afterwards. If not, then buy now.

pretzelnut

I am voting for the icelandic volcano party - they have done more for imigration in 5 days than labour has done in 13 years.

Sorry not much help was i?

ellieo

princesswoo wrote: »

I am voting for the icelandic volcano party - they have done more for imigration in 5 days than labour has done in 13 years.

Sorry not much help was i?

:rotfl::rotfl::rotfl::rotfl::rotfl::T:T

PhylPho

princesswoo wrote: »

I am voting for the icelandic volcano party - they have done more for imigration in 5 days than labour has done in 13 years.

Sorry not much help was i?

Politically speaking, it's actually of considerable help: it makes people focus in on an issue that's been bugging me for several days now, viz:

How come so many other countries get to have a volcano, but we don't?

I'll vote for the first party in this election who promises one.

sassyblue

EasyLay wrote: »

Hello all,

I am going on holiday to Spain a few days after the general election. It's looking more and more like a hung parliament, so should I buy my euros now in case sterling takes a dive?? Where's the best deal for holiday money?

thanks in advance
EasyLay

I was going to ask the exact same question today

PhylPho you have now made my eyes bleed :eek:

EasyLay

so I take it the answer is "buy now"

Alias_Omega

The £ to Euro rate is 1.14 acording to skynews.

Your best off upgrading to All Inc/FB/HB if you can before you travel abroad.

We live in Cyprus, we are paid in £, but its exchanged to Euros when were paid, so not very cheap to live with the Euro.

Save money, go all inclusive.

sassyblue

I agree with upgrading but be careful... We can upgrade to AI through the travel agent for about £80 per day (two adults one 3y.o child) but we can upgrade directly with the hotel when we get there for 48 euros per day.

We're going to see if we can survive on 48 euros per day first, we just need lunch, drinks and ice creams etc? We're going to Rhodes so l know it's going to be more expensive than usual but we love Greece and they seem like they could do with the tourism at the moment.