Etiqueta 'Pound'
Sterling hits 17 month low

Economy

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

On the beach in Palmanova: at least the sun comes free.

Finance

Palmanova prices rise the most since the vote to leave Europe

In Palmanova the cost to UK holidaymakers of items such as a three-course meal has gone up by 51% since 2015.

Majorca Daily Bulletin reporter16/07/2016 00:00

Pound's slump affecting resorts' businesses

Tourism

Pound's slump affecting resorts' businesses

The national hoteliers federation CEHAT and the Exceltur alliance for touristic excellence have both pleaded with the Balearic government to put the tourist tax on hold.

Majorca Daily Bulletin reporter11/07/2016 00:00

With more money in their pockets, tourists are venturing out again.

Economy

Strong pound is hitting the all-inclusive market

British tourism expenditure accounts for 22 per cent of the market this year.

Humphrey Carter29/08/2015 00:00