Pricing in Euros ?

(3 Posts)
LurkingHusband Tue 15-Nov-16 21:57:31

Anyone else noticed a shift from pricing in sterling to Euros ?

2 suppliers in the past month .....

WidowWadman Wed 16-Nov-16 07:34:01

It's not really a surprise, looking at how the pound is going. Suppliers will try to mitigate against the pound's decline in any way they can. Either by putting sterling prices up or asking to be paid in a more stable currency.

LurkingHusband Wed 16-Nov-16 09:20:32

It's not really a surprise, looking at how the pound is going. Suppliers will try to mitigate against the pound's decline in any way they can. Either by putting sterling prices up or asking to be paid in a more stable currency.

There's a certain irony in "taking back our country" results in some UK businesses (as these are) dumping sterling.

I was chatting with one of the account managers yesterday, (which is what prompted this). They changed from sterling to euros as they have to pay their costs in euros and dollars, and were wary of having to keep re-pricing in sterling. So they made a decision to use the "display price in" option on their website software to keep it stable. Now they've made the change, there's no reason to revert hmm

Lifes' unintended consequences. Sometimes, the only reason to welcome tommorow smile

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