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Tag: destinations

More Britons ‘choosing non-EU holiday destinations’

More Britons ‘choosing non-EU holiday destinations’

Business
More UK holidaymakers have chosen destinations outside the European Union for their holidays this summer, according to new figures from Thomas Cook.The travel operator said 48% of its package holiday bookings for the season were for countries outside the EU, 10 percentage points higher than the same time last year - and the report helped lift travel stocks in Monday trading. Thomas Cook said the weakness of the pound against the euro was the most likely cause for the trend.It also said that the prolonged uncertainty around the UK's exit from the European Union had led many to delay their decision on when and where to book.Shares in Thomas Cook and rose by more than 2% with rival TUI up 3%. Low-cost airline easyJet was also up by 3%, as was International Airlines Group, owner of British Air...
Retire to these overseas destinations to make the most of your nest egg

Retire to these overseas destinations to make the most of your nest egg

Finance
More and more, soon-to-be retirees are thinking outside of the box…and country.With older Americans increasingly focused on their future economic prospects as they approach their golden years, some are finding that they can better fulfill their retirement dreams with a move abroad. Now, 9 million American citizens reside overseas, according to the State Department.To find the most worthwhile destinations, GOBankingRates compared the cost of living, including rent, groceries and health care among other factors, in more than 100 countries worldwide based on Numbeo.com's latest Cost of Living Index Rate to determine a ranking.The destinations that scored the best were all far more affordable than the U.S. For example, the cost of living in India was just 27.65 on its scale, with New York City...