Over a Million Brits Retire in Spain

December 21st, 2009 by admin

Spain is one of the most popular places for British people to go on holiday too. And over a million people from the UK have decided to retire in Spain. No doubt the warmer weather, cheaper way of life, and more relaxed lifestyle are the main reasons for many to make the move. Unfortunately, though, with the pound slipping against other currencies, including the euro, it has meant that things are getting tight for many retired people there. As a lot of them get their pensions in sterling it means they are the mercy of the exchange rate, and that has meant less euros for the pound.

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