Brexit all bad? Tourists lap up plunging pound for bargain visits



When the pound plunged this month on new worries about Brexit, New Yorkers Derek Hotter and Ian Clark hopped on a plane for an impromptu holiday in Britain.
Record numbers of dollar-, yuan- and euro-rich tourists eager to snatch a bargain could be a silver lining after the sharp decline in sterling since Britain voted to leave the European Union on June 23.
The vote took many investors and chief executives by surprise, triggering the deepest political and financial turmoil in Britain since World War Two and the biggest ever one-day fall in sterling against the dollar.
The pound has fallen... read more

 
11 October 2016 in Business, Views: 59
Source: Reuters
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