£ for €

David & Ann

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A sad day for us travellers. Today the £ dropped to €1.0185 (tourist rate). It looks like a 1 to 1 now. I expect it will rise as time goes by but I don't think it will ever reach it's norm again. Looks like we have to join the €uro eventually.
 
tonites news €1.19 cents to a pound
when it is equal 1£=1€
we will have to join the eec money wont we ?
 
God I can remember when it was 1.70 to the £1.00 ! the future looks pretty grim.
 
We should have changed to the Euro years ago, because its gonna happen sometime anyway.
Now we will pay the high price of a bad rate of return because of politicians and the public's island race mentality.
 
We should have changed to the Euro years ago, because its gonna happen sometime anyway.
Now we will pay the high price of a bad rate of return because of politicians and the public's island race mentality.

Had we joined the Euro 8 years ago we would now be in a much healthier situation. Europe is one of the top 3 emergent economies and together the problems we are facing today would be shared with all the other nations in Europe, and M/Hs would not soon be 17-20% more expensive as they will be.
Still the Little Englander lobby has put us where we are...... shame.:(
 
Totally agree that we should have gone Euro back along, but perhaps now is not the right time as at least our Government has some options in respect to interest rates etc right now.

But I do believe we will go Euro at some stage.

Thanks goodness we have bought our MHs when the £ was strong. Don't think we would have been able to justify such a luxury van as we bought 3 years ago if the £ had had parity then. Even on the little one (bought just 12 months ago) we saved £7k.
 
£1 today = €1.12 and I thought that we were doing badly last summer.
Some-one, somewhere, should be hanged for the mismanagement of the Banking system
I was with a group of retired people last night: Not nutters or spend thrifts but just normal people. All their lives they have worked hard and saved toward their retirement. They now find that their investments, that were recommended to them by their Banks, are worthless.
I have always said that the worst place to ask for financial advice are the Bank but I must admit that for the last 40 odd years I felt like I have been p**sing in the wind
 
£1 today = €1.12 and I thought that we were doing badly last summer.
Some-one, somewhere, should be hanged for the mismanagement of the Banking system
I was with a group of retired people last night: Not nutters or spend thrifts but just normal people. All their lives they have worked hard and saved toward their retirement. They now find that their investments, that were recommended to them by their Banks, are worthless.
I have always said that the worst place to ask for financial advice are the Bank but I must admit that for the last 40 odd years I felt like I have been p**sing in the wind

Hi Balloo, You are right in saying the £ = €1.12. That is the rates for the big boys, like banks and stock exchanges. You will find that in reality for the tourists, like us, it really around, £ = 1.0185 approximately. Banks, Post offices and money changers always say,
" no charges". This is not really true. They have already deducted their charges before displaying the exchange rate. To prove a point, ring up any exchage place and I am quite sure you will not get €1.12 for your £.
 
In answer

Hi, to all these people who say we should join the euro, I ask WHY, have we not seen this country lower its standards enough over the past 11 years. Europe does not want us, we have nothing to offer them. I remember 1971 when we good shot of our old money and boy did prices go up then, But it will be nothing to what will happen if we join the euro.
9 years ago I paid for my house in France at a rat of 1.65 euros to the pound, I still have the exchange rate paper, today we see a drop of 60 cents to the pound and you lot want to join.
What we need is the bank rates to go up and a some common sence in this country. All I see is and read our people running for cover and reacting as this rubbish labour gang wish, Just remember that the EU is a power without any controls and blair wants to be life president, god up us then. And if you think that you will all be able to carry on motorhoming around then, forget it. The greens will put an end to that for sure.
michael
 
We should have changed to the Euro years ago, because its gonna happen sometime anyway.
Now we will pay the high price of a bad rate of return because of politicians and the public's island race mentality.

as for the public's island race mentality are you not proud of this island there was a time when this island was a force to recon with shurly you mean the Europe mentality after all its them that dictate to us
 
In answer

Hi, I have been lucky to have spend years traveling the world as a member of HMAF and I was always glad to be English and that the UK was my home land. On leaving the army I was again lucky to be able to travel and 9 years ago went as far as buying a house in France. Over the past 9 years I have seen the UK fall lower and lower with little remaining of its way of life. I am not right wing or left, just a normal broke who just wants this nu labour with its odd take on whats normal to come to an end. The EU is good in many ways and I am sure started out with all the right reasons, But we have seen it become a monster with no clear guide lines, no rules and no say in whats going on. I have seen France bend the rules to suit them to keep France France. Germany goes its own way when it feels like it, Poland took the money handouts and then closed its services to non poles. Italy is sick of the EU and having spoken to a lot of people over the pass few years from many countries most normal people want their countries back before the EU.
We in this country did not vote for half the rubbish going on, yet we don,t have a say.
And yet people want to join deeper into this madness. the euro will be bad for this country. And please don,t say its good for exports we don,t have any and any small profits from what little we do export go outside the UK.
So what will we have, Nothing. But bigger bills, more tax and no motor homing for sure, unless you can buy an elec motor home, and have you seen the carbon footprints these so say green cars have when they are end use.
If we have a say in joining the euro, STAND UP AND SAY NO.
michael
 
Bloody Marvelous aint it, I have been in Germany most of this week looking at and negotiating a price on my van. All agreed I fly back home to find the van is now going to cost me well over a thousand pounds extra now due to the shift in currency.

This has not been a good year at all :(
 
The biggest problem with this country " GREAT BRITAIN " is the word great might have to be dropped :mad::mad::mad:
 
Hi, to all these people who say we should join the euro, I ask WHY, have we not seen this country lower its standards enough over the past 11 years. Europe does not want us, we have nothing to offer them. I remember 1971 when we good shot of our old money and boy did prices go up then, But it will be nothing to what will happen if we join the euro.
9 years ago I paid for my house in France at a rat of 1.65 euros to the pound, I still have the exchange rate paper, today we see a drop of 60 cents to the pound and you lot want to join.
What we need is the bank rates to go up and a some common sence in this country. All I see is and read our people running for cover and reacting as this rubbish labour gang wish, Just remember that the EU is a power without any controls and blair wants to be life president, god up us then. And if you think that you will all be able to carry on motorhoming around then, forget it. The greens will put an end to that for sure.
michael
Had we joined the Euro then we would all now be reaping the benifits of a monetary system that was written off as a farce in 1999 but is now the worlds most stable currency. The dollar and the yen have had their day. sterling is becoming Monopoly currency and soon it will be a currency battle between the Euro and the.......:eek: Chinese ....:eek:wingy ...thingy??? and I don't think we can join that. So we need to join the Euro but certainly not at this moment. However should a recovery over 1.40 occur(doubfull) then we should join.
 
In answer

Hi.
Sorry G i don,t think that motorhome prices will rise,Yes dealers will be asking more, but I just don,t think the buyers will be out there. There are going to be big charges in 2010, new rules coming in within the EU, and I feel that new taxes and the green carbon footprint movement will try to kill off motorhoming, this will drive down prices, just look at landrover at the moment, its on its knees due to the anti 4x4 hug a tree mob.
As to the pound being no good, Its only no good because this silly useless labour party are doing the wrong things,selling off gold and buying euros, and setting the rate from gold to the price of oil which we have no control of.
If we join the euro prices will rise out of hand, just like 1971 and my pocket money lost 30% over night.
Joining the euro is just selling up and thats the end of England. Our history and who we our.
michael
 
In answer

Hi G, I think that this euro 3, 4 and 5 thing they have on newer cars is going to turn into a end of use date, and that means falling prices for 2nd hand vans, or px for ever at greater cost. In 2010 italy is bring in a 800 euro on the spot fine for cars etc older then 1997 if their corbon footprint is larger then the stated paperwork, Just think of going to work with the engine cold ad a policeman stopping to check your exhaust gases. This will kill off older motors in italy. germany is bring in greater green taxes for motorhomes, and france is bring back road tax on larger engines from new.
I just think that the ever greater cost will kill off motorhoming. My old Hymer will be at the end around 2010 with over 125,ooo miles on the clock my then and I think that will sound the end of motorhoming for me. If I was to buy an older van, it will come to end use faster and I will not be able to sell it, px it or do anything with it bar bin it. If I pay for a new motorhome, then cost of ownership will be far greater then now so I may as well use a car and hotels.
50,000 will pay for a lot of hotel room nights.
michael
 
why will motor homing end ????? this is only temporary the world shortage of cheap credit will end soon (not that i live on money that is not mine ) as for a motor home ending its life after 100k or 20 years is daft there are many good old camper vans about mine is 26 years old and still as good as a 50k one it is about time we all stopped living on borrowed money we dont have an old motor home is no different to a new one apart from the money it dose the same job
 
In answer

H, if the EU use the euro number as end of use then you will not be able to use your 20 year old van will you. Its not me who is making these rules its the name less all powerful ones within the EU that are.
As stated if you drive a older motor in Italy, ie older then 1997 then from 2010 you may face a 800 euro on the spot fine for exhaust gases. If we follow suit, would you want an old motorhome when any time any place some fool can come along and fine you 800 pounds for exhaust gases being to high. I don,t think so.
Or if you lived in germany and had to pay double the road tax based on weight just because of new green rules.
Look at how things are going and you will see all the signs are showing.
i don,t wish it this way, as I LOVE MOTORHOMING BUT i do see the writing on the wall.
michael
 
not wanting to seem at ods with the eu but as i dont live in europe i am uk i cannot see those over the water causing me too much of a prob we in england will still be able to run our older vans for the foreseeable future if the eurocrats dig too deep into our way of life there are enough of us to defy there thinking in the end we beat europe twice and i dont meen football
 
Hi mandrake,
you couldn't run it in London unless you paid the £200 per day with these new emission zones:eek:
Or not a diesel, not quite sure about your petrol engine:confused:
just spent 2 days in london parked up outside marlybone rail station for a few hours no probs with lez or congestion charge stayed out of london for the night though looked around for some work and looks good may go back down in new year plenty of jobs for fork truck and warehouse men you ok *****..... its them old oil burners they after cough cough mine is a 2.3petrol 85 quid london and back in juce
 
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