UK Consumer Confidence Up

28 July, 2011


This month’s Nationwide Consumer Confidence data showed an increase in sentiment in the UK – above analysts’ expectations.

The announcement has given the Pound a further boost against both the Euro and US Dollar – making sending money overseas cheaper again as the recent rally for sterling continues.

If you are sending money to Dubai, don’t forget that the AED rate is also pegged to the US Dollar, so in both cases the exchange rate is currently the best it’s been since Autumn.