Currency, pensions, fuel and housing

Many travellers buying foreign currency at the UK’s airports are now receiving less than one euro to the pound.

The continued fall in sterling’s value means that the average rate available at 17 airport bureaux de change is now just 99 euro cents to the pound. The BBC reports that the worst rate is currently 88 euro cents at Moneycorp at Southampton airport and the best is €1.06 from the Change Group at Glasgow Prestwick. Since the UK’s Brexit vote in June, the pound has fallen sharply in value. The average US dollar rate at the airports is down to $1.08 to the pound. Pensions

The Pensions Regulator is asking for new powers to stop final salary pension schemes being dumped when companies are sold.

Lesley Titcomb would like firms with large pension deficits to be required to inform her if a sale is imminent and powers to intervene if necessary. At the moment, companies do not have to inform the regulator before a sale. The