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According to Mark McElney of No.1 Currency, when it comes to spending holiday money, cash is still king.

Recent research from No.1 Currency indicates that tough times lie ahead for Scottish businesses involved in international trade, as the pound falls to its lowest ever value against the euro.

As the pound falls to its lowest ever value against the euro, research from No.1 Currency shows its set to be an expensive summer for Scots holidaying throughout most of Europe this year.

Cash, Cards or Travellers Cheques? Planning your holiday expenditure in advance can save you unnecessary costs and charges this summer. According to Mark McElney of No.1 Currency, when it comes to spending holiday money, cash is still king.

Edinburgh-based No.1 Currency, a leading international foreign currency specialist, has been protecting Scottish businesses of all sizes from this down turn in the economy with its forward contract options.

As the pound falls to its lowest ever value against the euro, it is set to be an expensive summer for Scots holidaying throughout most of Europe. No.1 Currency, can save Scots as much as 11% by changing their money before they get to the airport