Prices rise for British tourists as Brexit puts the pound in the shade

Fighting talk on Brexit from Jeremy Hunt and Boris Johnson has inevitably hit the value of sterling

Sun, sea and sinking sterling. News of a fresh decline in the value of the pound was greeted with forbearance by travellers at Luton airport last week. The currency has been under pressure at various times since the referendum, having fallen by 14% against the euro since the vote, and it hit a six-month low of a1.105 last Wednesday in the wake of renewed pledges by Boris Johnson and Jeremy Hunt over pursuing a no-deal Brexit.

Against the US dollar, sterling took even more of a battering last week, falling at one stage to below $1.24.

After what one currency analyst described as a no-deal arms race between Johnson and Hunt, the only way for the pound was down