Pound in free-fall against Euro

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Many travellers buying foreign currency at the UK’s airports are now receiving less than one euro to the pound.

The continued fall in sterling’s value means that the average rate available at 17 airport bureaux de change is now just 99 euro cents to the pound.

The worst rate is currently 88 euro cents at Moneycorp at Southampton airport and the best is €1.06 from the Change Group at Glasgow Prestwick.

Since the UK’s Brexit vote in June, the pound has fallen sharply in value.

The average US dollar rate at the airports is down to $1.08 to the pound.