Connect with us

Travel & Escape

Pound to euro exchange rate: GBP could be set to ‘tumble’ after Brexit deal vote | Travel News | Travel

Editor

Published

on

[ad_1]

Brexit continues to serve as a barometer for pound sterling this week as the all-important vote on Theresa May’s deal looms. Experts have cautioned Labour could push for a general election sparking concerns that would see GBP “tumbling” against the euro if the deal is rejected in parliament. Laura Parsons, currency analyst at TorFX, spoke to Express.co.uk regarding the latest exchange rate figures. “With UK data lacking at the start of the week, all eyes are on tomorrow’s parliamentary vote on Brexit,” she said.

“If PM Theresa May’s deal is voted down the pound could tumble on fears that Labour could set the wheels of a general election in progress.”

Sterling is currently trading at €1.120 against the euro, according to Bloomberg.

On Friday, the pound climbed to its highest since late November on Friday, amid speculation of a Brexit delay.

Lukman Otunuga, research analyst at FXTM, said: “Sterling’s aggressive appreciation following the report continues to highlight how the currency remains extremely sensitive and highly reactive to Brexit headlines.” 

Minh Trang, senior FX trader at Silicon Valley Bank, said: “The euro certainly feels like it found a floor.”

Not all analysts agree that a delay to Britain’s Brexit date will benefit the UK, though.

Mike Bell, global market strategist at JP Morgan Asset Management, said: “Politicians love to kick the can down the road but there is a cost associated with that.

“Consumer confidence has weakened, business confidence has weakened so that time comes with a cost.”

Experts have insisted that Brexit will not affect holidays come March. A Downing Street spokesperson has said it was “categorically untrue” that people had been warned not to book trips beyond March 2019.

Travel agents’ body ABTA said: “There is nothing to suggest that you will not be able to continue with your holiday plans after 29 March.

“Even in a no-deal scenario, the European Commission and UK Government have said flights to and from the UK will still be able to operate.”

Concerns about post-Brexit holidays were initially sparked by Ryanair boss Michael O’Leary who said his airline was “selling tickets on flights that may not take place” in September.

However, the Irish carrier has now confirmed they will continue to serve the UK after Brexit, after securing a document which guarantees their ability to fly in the UK and from the UK to non-EU countries. 

It confirmed the UK CAA has issued Ryanair UK with a UK AOC, allowing it to operate UK domestic and UK to non-EU routes post-Brexit.

Ryanair’s Juliusz Komorek said: “We welcome the Civil Aviation Authority’s decision to grant our UK based airline, Ryanair UK, with a UK AOC, allowing Ryanair to operate UK domestic routes and UK to non-EU routes in a post-Brexit environment.

“The risk of a ‘no deal’ Brexit in March is rising, and despite our robust post-Brexit structures, including our post-Brexit plan around European ownership, we continue to call for the UK and EU to agree to a transition deal from 31 March 2019, so that any disruption to flights and British consumer summer holidays in 2019 can be avoided.”

[ad_2]

Source link

قالب وردپرس

Travel & Escape

How to win the lottery — 7-time lottery winner shares 5 important tips

Editor

Published

on

By

Incredible as it may seem,the odds of matching all the winning Powerball numbers are 1 in 292.2 million, according to the Multi-State Lottery Association. It means you’re much more likely to date a supermodel, get bitten by a shark, become the president of the United States, get struck by lightning, amongst other incredible feats than win the lottery.

However, despite the high odds of winning the lottery once, Richard Lustig has won the seven lottery grand prizes. Due to the rarity of his feat, Lustig wrote a book titled: Learn How To Increase Your Chances of Winning The Lottery, where he discusses the do’s and don’ts of playing the lottery and how to better your odds of winning the lottery.

Here are some of the useful tips shared by Lustig to better your chances of winning the lottery.

1.  Avoid “quick-pick” numbers that are autogenerated from the stores

While it might appear like every number carries an equal amount of “luck” in the quick pick method, but according to Lustig, it is advisable to not be lured by this.

“Every time you buy a quick pick, you get a different set of numbers; therefore, your odds are always going to be at their worst in that particular game, whatever game you’re playing. In this case, the hype, of course, is all about the Powerball right now,” said Lustig in a Forbes interview.

2.  Exhaust all your options

For many people who play the lottery, they typically limit their choices to “special dates” like anniversaries, birth month and dates and the likes.

While these dates carry precious memories, choosing them means you’re limiting yourself to less than half the numbers available from 1 through 31. Therefore, ensure you exhaust all of your options in terms of picking numbers.

“If you pick your own numbers and only play birthdays and anniversaries, you’re splitting the pot with 20-40 people. If you spread the numbers out across the whole track, you’ll either be the only winner or will split it with only one or two people,” said Lustig.

3.  Ensure you stick with your guts

In his book, Lustig recommended a specific way to find the numbers that you’re most comfortable with, but ultimately, never go back on a group of numbers that you believe would win you the jackpot.

“Remember, a set of numbers wins the grand prize, not individual numbers,” notes Lustig.

Therefore, while it is alright to repeat one or two numbers, it is necessary when playing multiple cards to have enough variety when grouping selected numbers. Doing this helps maximize your odds.

4. Maintain consistency

If you want to increase your chances of winning a particular game, it is important to consistently follow past and future drawings to get an insightinto the winning patterns—if any.

“Never miss a drawing in the game you’re playing. Every Saturday, every Wednesday, every week,” said Lustig.

5.  Know your limits and don’t be carried away

Winning the jackpot can be a life-changing experience for not only you but your loved ones, however, it is important not to invest so much money into lottery tickets than you’re willing to lose.

While buying 100 tickets gives you a better chance that buying 10, but only do this if you’re able to afford a loss—as lottery tickets are not a regular investment.

“One of the things that I preach to people all the time is budget, budget, budget,” Lustig says. “Set a budget of what you’re going to spend. Do not get caught up in what’s called lottery fever”

“Don’t spend grocery money. Don’t spend rent money. Figure out what you can afford to spend. Don’t worry about how much Joe Blow down the street is spending. … Figure out what your budget is, what you can comfortably afford to spend, and stay within that budget,” he continued.

Continue Reading

Travel & Escape

48 hours in . . . Bruges, an insider guide to Belgium’s city on water

Editor

Published

on

By

Little Bruges, the perfect pocket-sized medieval city, was a Sleeping Beauty. Laced with canals, it was one of the great North European trading ports in late medieval times. The magnificently detailed paintings of its artists, such as Jan van Eyck and Hans Memling, record its wealth in clothing, jewellery and ornament. Then it fell rapidly into decline and slept until rediscovered and restored to glory in the 19th century.

Today its new riches are in tourism, carefully managed and constantly refreshed by year-round cultural events, so that it retains the dynamism of a living city. The best way to appreciate all this is to stay a few days, luxuriating in the dreamily romantic boutique hotels, and visiting the rewarding museums and churches at your leisure. Above all, this is a place to walk and wonder, and there are still plenty of quiet corners to discover, where historic Bruges sleeps on.

Continue Reading

Travel & Escape

Europe’s most incredible cosy cabins for watching the Northern Lights

Editor

Published

on

By

The Northern Lights are a phenomenon likely to appear on the wish, bucket or to-do list of any intrepid traveller. And what better way to experience them in Europe than by bunking down in cosy cabins, surrounded by miles of forest, still water or the peaks of mountains. They might be pared-back but still boast polished elements, whether it’s a heated hot tub in Sweden, an ‘igloo’ extension in Norway or a glass roof above your bed in Finland. Nothing distracts as the Aurora Borealis flames across the sky – curl up under a blanket and take a look inside. . .

Continue Reading

Chat

Trending