Price of Valentine’s Day roses soar due to low sterling performance against Euro

Valentine’s Day romantics face paying more for a bunch of roses thanks to adverse foreign exchange rates which have driven up the cost of importing flowers from European growers.

Research by corporate forex broker Foenix Partners shows that imports of roses will be around 6% more expensive now than they were last year due to the GBPEUR rate slipping by that amount from last February to this.

Richard de Meo quoted in Retail Times

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