Etiqueta 'Sterling'
Sterling hits 17 month low


Sterling hits 17 month low

Sterling briefly swooned to a 17-month low yesterday, before recovering ground to trade little-changed on the day, in a volatile session dominated by Brexit-related headlines.

Majorca Daily Bulletin reporter05/12/2018 10:11

Tourism minister Barceló would have been pleased to learn that the tourist tax was a "success".


The pound, the tax, the toilets: the week in Majorca

Resorts were apparently taking a pounding because of the pound, the tourist tax was being hailed as a success, Britons were wanting to be Spaniards as well, and the lavatories of Palma entered the cruise-ship arguments.

Andrew Ede17/07/2016 00:00

All-inclusives: a familiar story. When the economics of holidays get tough, demand for them rises.


Drop in pound fuels demand for all-inclusive

Some bar owners, in particular in Magalluf, are claiming that this is one of the worst summers for years, with everyone coming either on all-inclusive packages.

Humphrey Carter07/07/2016 00:00


Sterling hits 30-yr low, yen and franc surge as Brexit stuns markets

Sterling sank 10 per cent in value, triggering a rush of capital into the traditional security of the yen and the Swiss franc.

Anirban Nag24/06/2016 00:00


Majorca and a strong pound

"If sterling is strong then Majorca will continue to prosper..."

Jason Moore29/08/2015 00:00