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
AOL Money UKShock wedding cancellations, as venue becomes a care centreAOL Money UKIf you don't have insurance, and you didn't pay by credit card, then if venue cancels or goes bust, you should still be entitled to a refund. In the case of administration, you should register your claim for a refund with the administrator ...
The Morning Ledger: Post-Inversion Medtronic Gets New Finance LeadershipWall Street Journal (blog)Dublin-based Medtronic PLC will likely announce this week that it has hired Karen L. Parkhill as its chief financial officer, succeeding Gary Ellis, who is expected to retire from the medical-device company, the WSJ reports. In January 2015, Medtronic ...and more »
Telegraph.co.ukVirgin Money cashes in on mortgage boomTelegraph.co.ukVirgin Money went on a lending splurge in the first quarter of 2016, making record numbers of mortgage loans as it took advantage of a booming market. The bank, which is one of a string of new players shaking up the UK's retail banking sector, gave out ...Virgin Money reports surge in lendingFinancial TimesUPDATE 2-Virgin Money's mortgage lending jumps, warns of Brexit impactReutersStrong quarter for Virgin Money as Newcastle business reports record gross mortgage lendingChronicleLiveThe Northern Echo (registration) -Evening Standardall 14 news articles »
Money MarketingWhere is the product innovation post-pension freedoms?Money MarketingBut recent data from the Association of British Insurers suggests otherwise. One year on from the introduction of the ... There is no denying people like the certainty of income that annuities deliver as it mitigates the risk of running out of money if ...and more »
Evening StandardVirgin Money's mortgage lending jumps, warns of Brexit impactYahoo Finance UKThat gives the company a 3.4 percent share of the UK mortgage market, Bank of England data shows, highlighting the difficulties faced by British newcomers such as Virgin Money and Aldermore in challenging the established might of Barclays (LSE: BARC.Virgin Money's mortgage lending jumpsLondon South East (registration) (blog)100% mortgages 'a step too far', says Virgin Money chiefEvening StandardVirgin Money cashes in on mortgage boomTelegraph.co.ukChronicleLive -Scottish Daily Recordall 14 news articles »
Have you met...
Latest Members:


Tania Bae


peuores


DeanWatriama


afnan36


girlagogo


aksawy


walaa

 

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