Holiday hotspots more affordable

Traditional holiday hotspots such as Spain and Portugal are becoming more affordable for Britons, a survey has shown.

Prices have fallen 49 per cent in Portugal over the past 12 months, making the country the cheapest for typical holiday spending items in a ten-nation list.

Including a three-course meal, suncream and drinks, the items cost just 32.84 in Portugal, with Spain the next-cheapest country at 36.68.

Of the ten countries surveyed, the most expensive for the items was Malaysia at 47.68.

The survey by Post Office Travel Money also showed that foreign currencies against which the pound had fallen the most in the past 12 months were those of Malaysia, Australia, Thailand and South Africa.