A Brexit bonanza for tourists and brand owners?
The Spanish word “bonanza” means calm sea and fair weather. Idyllic holiday conditions, in fact. The weakness of the British pound (the pound is now between 8 and 17% weaker against other currencies than it was before the Brexit vote) is supposed to be good for people coming to the UK on holiday. But brand owners may benefit too. It means UK firms have become better value for money than they were before...