2008 News Archive - Holidays - Scots are 'big spenders'
15 10 2008
When it comes to splashing the cash on holiday, Scottish travellers are leading the way, according to new research.
A study carried out by M&S Money revealed that the average Scottish holidaymaker buys £340 of foreign currency before travelling abroad, while those in the south-east of England change an average of £298.
Furthermore, the study found that 69 per cent of holidaymakers prefer to change their money in the UK, rather than buy currency at their destination.
Fraser Millar, M&S head of travel services, commented: "By taking out more currency in advance, shoppers in Scotland and the north of England are getting the best value on their holiday money.
"Leaving it until you get to the airport to buy travel money can cost you more as you may be charged commission and exchange rates tend to be uncompetitive."
Mr Millar also warned that taking money out of ATM machines while abroad can be an extremely costly exercise.
In other travel-related news, holidaymakers were yesterday warned by the Department of Health to carry a valid European Health Insurance Card when travelling abroad.