Pound blow for holidaymakers

EXPECTATIONS of a cut in interest rates from the Bank of England this week saw the pound fall to a record low against the euro today.

EXPECTATIONS of a cut in interest rates from the Bank of England this week saw the pound fall to a record low against the euro today.

The cost of a euro rose above 80p - hitting UK holidaymakers planning trips to Europe - reaching its highest level since the single currency was introduced in 1999.