Brexit vote pushing up cost of family holiday – before UK even leaves

MSP Joan McAlpine has said Scottish families taking a summer break to the continent will have seen a sharp rise in costs due to Brexit – before additional costs kick in after the UK leaves the EU in March 2019.

Price comparison website Travel Supermarket estimated in 2016 that holidaymakers would take an average of £513 spending money per person, meaning that a family of four holidaying in a Eurozone country will need to take a €433 cut to their spending money because of the Brexit-fuelled fall in the pound.
Since the EU referendum, the value of the pound has fallen by over 16% against the Euro, from 1.30 on 22 June 2016, to 1.09 on 29 July 2018.
The Tories’ hard Brexit obsession may also see UK citizens potentially faced with travel visas, roaming charges and costs for medical treatment in the EU after March 2019.

SNP MSP Joan McAlpine said:

“Brexit has already hiked up costs for ordinary travellers by 16%, and it hasn’t even happened yet.
“But it’s not just luxuries like travel that are affected – a hard Brexit will leave ordinary Scots the equivalent of £2,300 worse off each year, devastating jobs and living standards.
“The SNP has always been clear that in order to protect the interests of ordinary people, Scotland should remain in the EU or at the very least in the Single Market, reflecting the what the overwhelming majority of people in Scotland voted for in 2016. 
“The fact that both the Tories and Labour want to sacrifice jobs and living standards in the name of a hard Brexit underlines the case for Scotland to take decisions ourselves in an independent country.”


Date
Exchange rate
Euros exchanged for £513
Family of four
22/06/2016:
£1 = €1.3018
667.82
€2,671.28
 
29/07/2018
£1 = €1.0909
 
€559.63
€2,238.53
Difference
 
€108.19
€432.75
Percentage decrease
-16.2%
 



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