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Holiday Money Hoarders: Foreign cash stash held at home by Britons tops £3.5 billion

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At a time when sterling is soaring in value against almost all foreign currencies – rising by seven per cent against the euro since the first UK lockdown began a year ago, consumer research conducted by Post Office Travel Money reveals that Britons are hoarding a total of over £3.5 billion worth of euros, US dollars and other currencies from past holidays abroad.

The research found that over four-in-five (82 per cent) of 2,080 adults surveyed had taken overseas holidays in the past but only 22 per cent of them changed leftover foreign currency back into sterling when they returned home. Instead over half of holidaymakers (51 per cent) kept hold of their leftover currency, worth an average of almost £155 each.

Men stashed away far more currency than women from their travels abroad – an average of £188 each compared with £117 for women. Scottish holidaymakers proved to be the biggest hoarders with an average stash of £263 compared with £150 for Londoners and just £92 for holidaymakers from the East of England.

According to the research, almost one-in-five (18 per cent) Britons who had travelled abroad forgot about their leftover holiday money – even though changing the substantial amounts of currency stored in travel wallets or bottom drawers back into sterling would help those with no immediate holiday plans to fund the weekly shop or treats for the family.

Almost three-quarters (72 per cent) of those found to be hoarding leftover currency said they were keeping it to use on a future holiday, which suggests a strong appetite for trips abroad when the current overseas travel restrictions are relaxed.

Euros and US dollars account for the vast majority of leftover cash. 85 per cent of the holiday money hoard is held in euros, while 25 per cent is US dollars. Among those people planning to use their currency on a future holiday, most of those holding euros intend to use these on a eurozone trip in 2021 or 2022. However, there is less appetite for trips to the USA as less than half of those holding dollars plan to use these on Stateside trips later this year or next.

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The consumer research findings chime with the latest data from Post Office Travel Money on ‘buy-back’ of foreign currency into sterling. In the year since lockdown first began last March, the UK’s largest provider of holiday money reports that there has been a drop of around 50 per cent in the amount of currency converted back into sterling in its branch network.

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Nick Boden, Head of Post Office Travel Money, which accounts for one-in-four UK currency transactions said: “Our research shows that there are billions of pounds worth of foreign cash hidden away at home so now might be the time to check how much you have. If it turns out to be currency for Australia, New Zealand, Norway or Sweden and you are not planning to travel to these countries in the forseeable future, now might be the time to change it back into sterling. These have risen in value against sterling, and you will get more cash back.

“Equally, if you are planning a holiday abroad when the rules allow it, it is worth considering destinations where sterling has risen most in value. The pound is worth over seven per cent more against the euro than a year ago, but other currencies have weakened more. The Turkish lira is down by over 37 per cent and Caribbean currencies have weakened by 18-28 per cent. There will be big gains too in popular long haul destinations like Kenya, Mauritius and Dubai.”

How sterling has strengthened against holiday currencies since last March

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Currency % 2021 v 2020 March 2021 March 2020 £500 buys +/-
Turkish lira+37.1%9.72577.0929+£135.35
Jamaican dollar+28.3%188.2675146.6983+£110.40
Dominican peso oro+26.5%73.415558.0414+£104.71
Kenyan shilling+22.1%139.84742114.5057+£90.60
Mauritius rupee+21.5%51.405042.3251+£88.32
UAE dirham+19.0%4.87364.0965+£79.73
US dollar+19.0%1.36071.1439+£79.66
East Caribbean dollar+18.8%3.47822.9286+£79.01
Egyptian pound+18.6%19.730016.6366+£78.39
Barbados dollar+18.4%2.55772.1594+£77.86
Japanese yen+18.0%144.1639122.1873+£76.22
Vietnamese dong+13.8%28,118.058624,702.0549+£60.74
Swiss franc+12.6%1.24781.1082+£55.94
Hungarian forint+11.3%397.4998357.2803+£50.59
Thai baht+10.9%40.1436.1940+£49.15
Malaysian ringgit+9.9%5.33824.8589+£44.89
Icelandic krona+9.0%160.8465147.5943+£41.20
Euro+7.0%1.14051.0660+£32.66
Bulgarian lev+7.0%2.14292.0033+£32.57
Croatian kuna+6.6%8.30237.7865+£31.06
Danish kroner+6.5%8.21967.7187+£30.47
Canadian dollar+2.7%1.66461.6203+£13.31
Czech koruna+2.5%28.362627.6579+£12.42
Mexican peso0.0%27.257327.2456+£0.21
Swedish kronor-2.4%11.247511.5237-£12.28
New Zealand dollar-6.8%1.85791.9924-£36.20
Australian dollar-8.8%1.78901.9606-£47.96
Norwegian krone-9.8%11.240312.4617-£54.33

Respondents to the Post Office research were also asked whether they were aware of currency buy back guarantees offered by foreign exchange providers in the event of future holiday cancellations. One-fifth (20 per cent) thought that Post Office Travel Money offered this kind of guarantee – nearly double the proportion for its closest travel money competitors (Tesco: 12 per cent, Sainsbury: 11 per cent and M&S: 10 per cent).

Post Office Travel Money (www.postoffice.co.uk/refundguarantee) offers a full refund on currency purchases in the case of a significant event that leads to the cancellation of a holiday. To qualify for a refund, Post Office customers will need to provide their currency purchase receipt as well as evidence of their holiday cancellation.


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Education

“Stuck in a catch-22”: parents drive their children to school because they are concerned about traffic

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New polling data released for Living Streets’ Walk to School Week (16-20 May 2022) finds that traffic is one of the biggest barriers to children walking to school, with 17 per cent of parents in Wales naming it as a reason their child doesn’t walk.

With over 460,000 pupils in Wales, it would mean tens of thousands of them are being denied the physical and social health benefits of being more active.

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Schools being too far away from home (18%) and cars parked on pavements (17%) were also barriers for Welsh parents.

The latest data suggests just 50 per cent of primary school aged children in Wales walk to school.

Stephen Edwards, Chief Executive, Living Streets said: “We’re stuck in a catch-22 where families see driving to school as the safest way to protect their children from traffic.

“Leaving the car at home will reduce chaos and road danger around the school gates. It’s also a great way for children to learn about road safety in a real life setting and build their confidence in managing risk.

“Walk to School Week is an excellent opportunity for families to give walking to school a go and reap the health and social benefits of moving more.”

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Living Streets works with schools, local authorities and parent groups to help improve the walk to school.

Stephen Edwards continues: “We want to enable as well as encourage more families to walk to school. We’re here to help parents who are worried about safety around their child’s school. Car-free zones, 20mph limits and better crossings can all help make the walk to school safer and we’re here to help people campaign for them in their area.”

For more information on Living Streets’ walk to school campaign, visit livingstreets.org.uk/WalkToSchool

(Lead image: Shutterstock)

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Food & Drink

Chicken products recalled at a dozen national retailers due to salmonella fears

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The Food Safety Authority (FSA) has issued a recall notice for cooked chicken sandwiches, wraps and other products sold at TWELVE major retailers due to salmonella fears.

The products were supplied by food producer Cranswick Country Foods who manufacture own-brand products for a number of supermarkets and food outlets.

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In a statement the FSA said: “Cranswick Country Foods are recalling several products containing chicken because salmonella has been found in some of the chicken used to manufacture these products.

“As a precaution additional products are also being recalled whilst investigations continue.”

Products sold by Aldi, Waitrose, Amazon, Sainsbury’s, Co-op, Costa, Cafe Nero, M&S, Starbucks, Shell, One Stop and Tesco are all affected by the warning.

Aldi Chicken & Stuffing Sandwich
Use byAll use by dates up to and including 15 May 2022
Aldi Chicken & Sweetcorn Sandwich
Use byAll use by dates up to and including 15 May 2022
Aldi Chicken and Bacon Caesar Wraps Mixed
Use byAll use by dates up to and including 15 May 2022
Waitrose Chicken & Bacon Caesar Wrap
Use byAll use by dates up to and including 14 May 2022
Waitrose Deep Filled Roast Chicken & Bacon Sandwich
Use byAll use by dates up to and including 14 May 2022
Waitrose Deep Filled Roast Chicken & Stuffing Sandwich
Use byAll use by dates up to and including 14 May 2022
Waitrose Entertaining Meat Roulade Wrap Selection
Use byAll use by dates up to and including 14 May 2022
Waitrose Essential Chicken Mayo Sandwich
Use byAll use by dates up to and including 14 May 2022
Waitrose Roast Chicken & Bacon Sandwich
Use byAll use by dates up to and including 14 May 2022
Waitrose Roast Chicken & Stuffing Sandwich
Use byAll use by dates up to and including 14 May 2022
Waitrose Roast Chicken & Sweetcorn Sandwich
Use byAll use by dates up to and including 14 May 2022
Waitrose Roast Chicken Salad with Salad Cream Sandwich
Use byAll use by dates up to and including 14 May 2022
Aldi Chicken and Bacon Caesar Wrap Triple Wrap
Use byAll use by dates up to and including 15 May 2022
Use by
Amazon Arabiatta Chicken Pasta Salad
Use byAll use by dates up to and including 12 May 2022
Amazon BBQ Chicken Hot wrap
Use byAll use by dates up to and including 12 May 2022
Amazon Chicken and Bacon Caesar Baguette
Use byAll use by dates up to and including 12 May 2022
Amazon Chicken and Spinach Protein Pot
Use byAll use by dates up to and including 12 May 2022
Amazon Chicken Caesar Wrap
Use byAll use by dates up to and including 12 May 2022
Amazon Chicken Tikka Bites
Use byAll use by dates up to and including 12 May 2022
Amazon Chicken Triple Sandwich
Use byAll use by dates up to and including 12 May 2022
Amazon Harissa Chicken and Grain Salad
Use byAll use by dates up to and including 12 May 2022
Aldi Chicken Fajita Triple Wrap
Use byAll use by dates up to and including 15 May 2022
Amazon Katsu Chicken and Coconut Slaw
Use byAll use by dates up to and including 12 May 2022
Amazon Lemongrass Chicken Grain Salad
Use byAll use by dates up to and including 12 May 2022
Amazon Mexican Chicken Mini Salad
Use byAll use by dates up to and including 12 May 2022
Amazon Sweet Chilli Chicken Noodle Salad
Use byAll use by dates up to and including 12 May 2022
Amazon Thai Chicken Hot Box
Use byAll use by dates up to and including 12 May 2022
Amazon Tikka Chicken & Masala Potato
Use byAll use by dates up to and including 12 May 2022
By Sainsbury’s Sage & Onion Chicken Breast Slice 180g
Use byAll use by dates from 3 May up to and including 20 May 2022
By Sainsbury’s Café Chicken & Bacon Topped Toastie
Use byAll use by dates from 3 May up to and including 14 May 2022
By Sainsbury’s Cajun Chicken Grills 180g
Use byAll use by dates from 3 May up to and including 20 May 2022
By Sainsbury’s Chargrilled Chicken Slices 160g
Use byAll use by dates from 3 May up to and including 20 May 2022
Aldi Chicken Beechwood Smoked Bacon and Stuffing Sandwich
Use byAll use by dates up to and including 15 May 2022
By Sainsbury’s Chargrilled Chicken Slices 300g
Use byAll use by dates from 3 May up to and including 20 May 2022
By Sainsbury’s Chargrilled Salt & Chilli Thigh Fillets 150g
Use byAll use by dates from 3 May up to and including 20 May 2022
By Sainsbury’s Chicken & Sweetcorn Sandwich
Use byAll use by dates from 3 May up to and including 14 May 2022
By Sainsbury’s Chicken and Bacon Sub Roll
Use byAll use by dates from 3 May up to and including 14 May 2022
By Sainsbury’s Chicken Fajita Triple Wrap
Use byAll use by dates from 3 May up to and including 14 May 2022
By Sainsbury’s Chicken Salad Sandwich
Use byAll use by dates from 3 May up to and including 14 May 2022
By Sainsbury’s Chicken Triple Sandwich
Use byAll use by dates from 3 May up to and including 14 May 2022
By Sainsbury’s Chicken with Pork, Sage & Onion Stuffing Sandwich
Use byAll use by dates from 3 May up to and including 14 May 2022
By Sainsbury’s Chicken, Bacon & Caesar Wrap
Use byAll use by dates from 3 May up to and including 14 May 2022
By Sainsbury’s Classic Sandwich Platter
Use byAll use by dates from 3 May up to and including 12 May 2022
Aldi Eat & Go Chicken and Bacon Club with Mayo
Use byAll use by dates up to and including 15 May 2022
By Sainsbury’s Classic Triple Sandwich
Use byAll use by dates from 3 May up to and including 14 May 2022
By Sainsbury’s Coronation Chicken Sandwich
Use byAll use by dates from 3 May up to and including 14 May 2022
By Sainsbury’s Firecracker Chicken Slices 160g
Use byAll use by dates from 3 May up to and including 20 May 2022
By Sainsbury’s Flamegrilled Chicken Grills 180g
Use byAll use by dates from 3 May up to and including 20 May 2022
By Sainsbury’s Flamegrilled Chicken Mini Fillets 170g
Use byAll use by dates from 3 May up to and including 20 May 2022
By Sainsbury’s Garlic & Herb Chicken Breast Slices 180g
Use byAll use by dates from 3 May up to and including 20 May 2022
By Sainsbury’s Gluten Free Chicken Caesar Wrap
Use byAll use by dates from 3 May up to and including 14 May 2022
By Sainsbury’s Gluten Free Sandwich Platter
Use byAll use by dates from 3 May up to and including 12 May 2022
By Sainsbury’s Grilled Tandoori Chicken Thigh Fillets 150g
Use byAll use by dates from 3 May up to and including 20 May 2022
By Sainsbury’s Jerk Chicken Wrap
Use byAll use by dates from 3 May up to and including 14 May 2022
Aldi Eat & Go Classic Selection Chicken Salad, Bacon, Lettuce & Tomato Prawn Mayonnaise Sandwiches
Use byAll use by dates up to and including 15 May 2022
By Sainsbury’s Kansas City BBQ Wings 486g
Use byAll use by dates from 3 May up to and including 20 May 2022
By Sainsbury’s Meat Sandwich Platter
Use byAll use by dates from 3 May up to and including 12 May 2022
By Sainsbury’s Mexican Chicken Mini Fillets 170g
Use byAll use by dates from 3 May up to and including 20 May 2022
By Sainsbury’s Piri Piri Chicken Mini Fillets 170g
Use byAll use by dates from 3 May up to and including 20 May 2022
By Sainsbury’s Spring on the Lemon Chicken Sandwich
Use byAll use by dates from 3 May up to and including 14 May 2022
By Sainsbury’s Thai Red Chicken Sandwich
Use byAll use by dates from 3 May up to and including 14 May 2022
By Sainsbury’s Wrap Platter
Use byAll use by dates from 3 May up to and including 12 May 2022
By Sainsburys Chicken & Bacon Sandwich
Use byAll use by dates from 3 May up to and including 14 May 2022
By Sainsbury’s TTD Greek Chicken & Tzatziki Premium Wrap
Use byAll use by dates from 3 May up to and including 14 May 2022
Caffé Nero Chargrilled Chicken Salad Sandwich
Use byAll use by dates up to and including 13 May 2022
Aldi Flavoured Mini Chicken Fillets; Mango Curry & Shwarma
Use byAll use by dates up to and including 19 May 2022
Co-op Chicken & Bacon Caesar Wrap
Use byAll use by dates up to and including 14 May 2022
Co-op Chicken & Sweetcorn Sandwich
Use byAll use by dates up to and including 14 May 2022
Co-op Chicken and Stuffing Sandwich
Use byAll use by dates up to and including 14 May 2022
Co-op Chicken Mayo Sandwich
Use byAll use by dates up to and including 14 May 2022
Co-op Coronation Chicken Sandwich
Use byAll use by dates up to and including 14 May 2022
Co-op Oriental Chicken Curry with Egg Fried Rice 400g
Use byAll use by dates up to and including 20 May 2022
Co-op Oriental Chow Mein 375g
Use byAll use by dates up to and including 20 May 2022
Co-op Oriental Sweet and Sour Chicken with Egg Fried Rice 400g
Use byAll use by dates up to and including 20 May 2022
Costa British Chicken Fajita Wrap
Use byAll use by dates up to and including 15 May 2022
Costa British Roast Chicken & Bacon Classic Toastie
Use byAll use by dates up to and including 15 May 2022
Aldi Roast Chicken & Bacon Sandwich
Use byAll use by dates up to and including 15 May 2022
Costa Chicken & Chorizo Stonebaked Panini
Use byAll use by dates up to and including 15 May 2022
‘Jamie Oliver deli by Shell’ Spicy Chipotle BBQ Chicken Wrap
Use byAll use by dates up to and including 13 May 2022
M&S 14 Piece Classic Sandwich Platter
Use byAll use by dates up to and including 13 May 2022
M&S Chicken & Bacon Caesar Wrap
Use byAll use by dates up to and including 12 May 2022
M&S Classic Mini Roll Selection
Use byAll use by dates up to and including 12 May 2022
M&S Deli Filler Coronation Chicken
Use byAll use by dates up to and including 17 May 2022
M&S Made Without Wheat Gluten Free Chicken & Bacon Sandwich
Use byAll use by dates up to and including 13 May 2022
M&S Roast Chicken & Bacon Sandwich
Use byAll use by dates up to and including 13 May 2022
M&S Roast Chicken & Salad Sandwich
Use byAll use by dates up to and including 13 May 2022
M&S The Café Classic Selection
Use byAll use by dates up to and including 13 May 2022
Aldi Roast Chicken Salad Sandwich
Use byAll use by dates up to and including 15 May 2022
M&S The Café Gluten Free Chicken Salad
Use byAll use by dates up to and including 13 May 2022
M&S Honey and Mustard Chicken Pasta Salad
Use byAll use by dates up to and including 15 May 2022
M&S Chicken and Bacon Layered Salad
Use byAll use by dates up to and including 15 May 2022
M&S Chicken Caesar Salad
Use byAll use by dates up to and including 15 May 2022
One Stop BBQ Chicken Chunks 180g
Use byAll use by dates up to and including 19 May 2022
One Stop Sliced Roast Chicken Breast 180g
Use byAll use by dates up to and including 19 May 2022
Starbucks Coronation Chicken Sandwich
Use byAll use by dates up to and including 13 May 2022
Tesco BBQ Chicken Breast Pieces 180g
Use byAll use by dates up to and including 19 May 2022
Tesco Chicken Breast Slices 180g
Use byAll use by dates up to and including 20 May 2022
Tesco Chicken Breast Slices 180g (Express)
Use byAll use by dates up to and including 19 May 2022
Aldi Sweet Chilli Chicken Triple Wrap
Use byAll use by dates up to and including 15 May 2022
Tesco Chicken Breast Slices 360g
Use byAll use by dates up to and including 20 May 2022
Tesco Coronation Chicken Pieces 180g
Use byAll use by dates up to and including 18 May 2022
Tesco Fajita Chicken Breast Mini Fillets 170g
Use byAll use by dates up to and including 18 May 2022
Tesco Flame Grilled Chicken Breast Mini Fillets 170g
Use byAll use by dates up to and including 20 May 2022
Tesco Flame Grilled Chicken Thins 180g
Use byAll use by dates up to and including 18 May 2022
Tesco Garlic & Herb Chicken Breast Mini Fillets 170g
Use byAll use by dates up to and including 19 May 2022
Tesco Piri Piri Chicken Breast Mini Fillets 170g
Use byAll use by dates up to and including 18 May 2022
Tesco Piri Piri Chicken Breast Pieces 180g
Use byAll use by dates up to and including 19 May 2022
Tesco Sliced Chicken Breast with Sage & Onion 180g
Use byAll use by dates up to and including 19 May 2022
Tesco Tandoori Chicken Pieces 180g
Use byAll use by dates up to and including 19 May 2022

A full list of products affected is available on the FSA website.

The FSA added: “Our advice to consumers If you have bought the above products, do not eat them. Instead, return them to the store from where they were bought for a full refund.”

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(Lead image: Lara604 / CC BY-SA 2.0)

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Food & Drink

Supermarket Aldi to stock Ukrainian beer with profits going to humanitarian relief

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Supermarket Aldi has announced it will sell Chernigivske, Ukraine’s most popular beer brand, in stores nationwide.

Priced at £9.99 for a pack of ten 440ml cans, all profits from sales will go towards humanitarian relief in Ukraine.

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Brand-owner AB InBev is guaranteeing at least $5m from the initiative, with funds distributed across designated NGOs.

Chernigivske, also known locally as “Che”, is considered a national treasure in Ukraine.

Originally brewed as a gift to celebrate the 1,300-year anniversary of the city from which it got its name, Chernigiv, it remains the number one beer brand in Ukraine.

Like many Ukrainian businesses, the Chernigiv brewery closed its doors at the end of February. However, the brand has since started producing its lager in three breweries across Europe, with plans to open additional locations across the globe. Aldi proudly stands in partnership with Chernigivske, stocking the beer across stores nationwide, making every can count.

“Che” is a crisp and refreshing lager, originally brewed with character that perfectly balances strength and spirit; fruity aromas highlighted with light hoppy notes. It is a traditional Ukrainian lager loved and shared by generations of Ukrainians.

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Chernigivske lager is available in Aldi stores from 1st May, £9.99 for 10 x440ml and available as a pack of 4 from mid-May, while stocks last.

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