20 Nov

london victoria library 12.35pm 12.7C rain monday 2017

today’s free metro newspaper has the tourist rates £1 = Aus$1.66, canada$1.61, euro 1.07, singapore$1.67, US$1.26. this is what we uk people pay to change our £s. i bet the rate will go in the opposite direction if u want to change your currency to £s. it always is, so i bet if u want to buy £s with US$ their rate will be $1.38 or higher. and after paying the commission god knows what awful rate you will end up with.

the official rate £1=1.13euros , US$1.32, Sing$1.80. tourists always get fleeced everytime. but i think a lot of tourists will come to uk, because with the 10% drop in value , it is a bargain; their money goes a longer way than in the past. and what is more, anything they buy here they can reclaim the VAT when they leave. what not to like right?that is 20% off just like that.

i am glad fresh food in uk do not have VAT,(value added tax, 20%) so that is one way locals can get round paying extra . just buy fresh produce. all the fresh meat, veg, have no VAT on them. i think that is the single most important concession we got out of the EU, where we were able to get fresh foods exempt from VAT. i think everywhere else in europe, there is VAT on fresh foods.

and i have found out even singapore has VAT (called GST, goods and services tax), 7% i think, which the govt is thinking of increasing it. i presume all those countries that have this kind of tax include fresh foods… GST in malaysia is 6%

another way is to buy second hand, from charity shops for eg.  and if u are small size, children clothes have no vat…so if u can fit in the largest children sizes , you will have a lot of cheaper new clothes.

i have my friend john, who lives in poole, telling me of his walks with a gay group round his area, and ending with tea at one of the member’s flat.  so that is one way of enjoying free activities. as for me, i amuse myself by going for free food when newly opened restaurants offer it to celebrate/publicise their opening. 

added. 2.35pm this restaurant giving out free food is really very good. i just got a reminder in my email from them, saying they think a lot of people did not get their email with the voucher, so they are giving it again… and warning people to come early, as if it is gone it is gone, implying there might be a quota each day. the offer is everyday till friday… free chicken burger from 6pm-10pm. i wonder does it mean a person can go there everyday and get that free chicken burger??? or it is only one to one person for the duration of the offer. 

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4 Responses to “”

  1. Garfield Hug Monday November 20, 2017 at 2:08 pm #

    Wow! The rates do fleece UK citizens wanting for example SGD. Better to reach Ch

    • Garfield Hug Monday November 20, 2017 at 2:08 pm #

      Sorry sent before I finished. Better to reach Changi and change for better rates. Or the country destination☺

      • alifesgayventure Monday November 20, 2017 at 2:33 pm #

        exchange rates at airport is never good, so might not work, your strategy to change when u arrive at the destination airport. one way might be to charge it on the credit card, but for that u need to have it deducted in singapore dollars, dont let the restaurant convert it for you. but i think tourists just have to resign to paying more, and getting less in the exchange rate. and look out for them giving you old £5 or £10 notes…

      • Garfield Hug Monday November 20, 2017 at 2:54 pm #

        Surprisingly at Changi, the money changers are decent. I go there to change as managed by banks. There are the Indian money changers in Change Alley but it is getting competitive as malls have money changers too. Mainland Chinese runned ones give good rates for RMB.

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