The material on this website is for information only
and is not intended as any recommendation or endorsement of any products or companies mentioned. We are not licensed by the FSA to give financial advice, and none of the material on this website constitutes or is intended to constitute financial ...
News
The Week UKBHS: Sir Philip Green threatens to sue Frank FieldThe Week UKWhen the music stopped, he had no money," Field said. "Sir Philip Green has a huge amount of money, unlike Robert Maxwell. If he wishes now to make good the pension deficit to those 22,000 pensioners he could do it. He keeps talking about it, but doesn ...Billionaire Sir Philip Green is threatening to sue Labour MP Frank FieldBusiness Insider UKGreen under pressure over BHS scandal, as UK business confidence slides – as it happenedThe GuardianMPs Deliver BHS ReportVogue.co.ukDaily Mail -BBC News -BBC News -Parliamentall 376 news articles »
Daily MailNatwest may set NEGATIVE interest rates for accountsDaily MailHowever the bank – part of the taxpayer backed Royal Bank of Scotland empire – said it had no plans to make changes to the terms and conditions of personal account holders to allow it to charge negative rates. Last night one treasurer ... Pensions ...NatWest warns of plan to CHARGE customers to hold savings in the bankExpress.co.ukall 37 news articles »
Telegraph.co.ukVirgin Money profits boom as customers splurge on credit cardsTelegraph.co.ukVirgin Money profits boom as customers splurge on credit cards. Jayne-Anne ... One main driver of that growth was a splurge by credit card customers who now have £2.1bn of debt on their plastic, almost double the £1.1bn balance they held a year ago.
Spectator.co.uk (blog)Equity release mortgages: a 'get out of jail free' card for homeowners?Spectator.co.uk (blog)It might seem as though houses are priced in monopoly money these days – but don't assume the roof over your head will be your 'get out of jail free' card when it comes to saving for a pension. It's not hard to see why so many are lulled into a false ...Millions will need to borrow in retirement to stay in their homeWhat Mortgageall 4 news articles »
Financial TimesFinancial watchdog warns on long-term credit card debtFinancial TimesThe UK's financial watchdog has attacked credit card providers for squeezing long-term profits from consumers who make monthly minimum repayments for years instead of clearing their debts. Almost one ... Virgin Money's deal lasts for 41 months. When ...FCA unveils proposals to deal with problematic credit card debtThe Money Pagesall 9 news articles »
Have you met...
Latest Members:


NO


qasrksa


marwasaf


lolo


danny


midomidi2013


asmaasaad

 

General News

Email this story to a friend:

World cup glory could get quite pricey for fans travelling to South Africa

www.moneyagonyaunt.com today reports that if fans want to follow England all the way, they will have to shell out a pretty penny. Some estimate around £9,100.  Average hotel costs at host cities now approx £185 per night.  Sainsbury's Travel Money is offering to consumers Cash Passport™ prepaid currency cards, which can be loaded with up to 85,000 SA rand (approx £7,000)18-06-2010

English football fans dream of following the national team to the World Cup Final. This could be a costly dream though as supporting the team all the way in South Africa this year, should they make it, could set them back over £9,000 – and that’s before the cost of any match day tickets!


New research indicates that factoring in the cost of economy class return flights to South Africa, travel between host cities, hotel accommodation during the tournament, as well as food and drink throughout the month long event could leave the most avid fans with an overall estimated bill of £9,084. A sum which equates to more than a third of the average national salary in the UK - £25,800.


Despite recent suggestions that hotel prices were being cut after poor bookings, the research undertaken by Sainsbury’s Finance indicates that at the host cities for England’s group and potential knock-out stage games, room prices remain high. On average, fans are likely to face room bills of around £185 per night at mid-market hotels.

 Should England reach the final this would amount to a total hotel bill of around £6,150 alone.


Travel whilst in South Africa may also prove costly. Should England make it to the final, as well as racking up ‘hard yards’ on the pitch, the national team will cover over 4,300 kilometres travelling between their host cities of Johannesburg, Rustenburg, Cape Town and Port Elizabeth. Fans hoping to follow them face paying an estimated travel bill of £670 in air and coach fares.


Expense Estimated cost
Return flights to South Africa  £1,253   
Travel between venues in South Africa   £670
Accommodation in South Africa   £6,145
Food and drink in South Africa  £1,020     
Total:  £9,084

Scott Gorman, Head of Sainsbury’s Travel Money, said: “The cost of a beer in South Africa may well be attractive at little over £1 but it looks like accommodation costs aren't as cheap and cheerful. Those hoping to follow England all the way to victory are going to be spending serious amounts of cash.


“With continued uncertainty over Sterling and a new coalition government, those heading to South Africa might decide to purchase their South African Rand early. Fans should remember though that they'll only be able to carry around £446 of the currency into the country due to restrictions imposed by the South African authorities. One way to get around this is to use a prepaid currency card, like Cash Passport, which allows you to load it with up to 85,000 South African Rand, approximately £7,000 at any one time with the ability to top up over the phone or online."  


The Cash Passport, available at Sainsbury’s Travel Money bureaux nationally, can be used to make withdrawals or purchase transactions anywhere that accepts Visa Electron.


Cardholders also benefit from safe and secure spending abroad as the card is not attached to the user’s bank account, comes with a free second card and has a 24-hour Global Emergency Assistance service.

 

Advertise with us  |  Privacy  |  Terms & Copyright                                                                                     Website maintained by USP Networks