April 25, 2006 (Press Release) --
Economy Facts
GDP: US$154 billion
GDP per head: US$18,000
Annual growth: 3%
Inflation: 1.8%
Major industries: Agriculture and forestry, manufacturing, tourism
Major trading partners: EU & USA
Member of the EU: yes
Euro zone participant: no
Currency
Pound sterling (£)
Relative Costs
Meals
• Budget: US$5-10
• Mid-range: US$10-25
• Top-end: US$25+
Lodging
• Budget: US$15-30
• Mid-range: US$30-100
• Top-end hotel: US$100+
Money Advice
Wales is expensive, but nowhere near as expensive as England. Cardiff's prices are generally 5-10% lower than those in England. Wales' cities are generally more expensive than the countryside, but even outside the cities you'll still need at least US$25 a day, and if you stay in B&Bs, eat one sit-down meal a day and don't stint on entry fees, you'll need about US$60 a day.
Traveler's checks are widely accepted in banks and you might as well buy them in pounds sterling to avoid changing currencies twice. Cashpoints (ATMs) are very common in Britain: most are linked to major credit cards as well as the Cirrus, Maestro and Plus cash networks, but if a machine swallows your card it can be a nightmare. Most banks insist on chopping it in half and sending it back to your home branch - very helpful.
If you eat in a restaurant you should leave a tip of at least 10% unless the service was unsatisfactory. Waiting staff are often paid derisory wages on the assumption that the money will be supplemented by tips. Some restaurants include a service charge on the bill, in which case a gratuity is unnecessary. Taxi drivers expect to be tipped about 10%.
Source: http://www.yahoo.com
GDP: US$154 billion
GDP per head: US$18,000
Annual growth: 3%
Inflation: 1.8%
Major industries: Agriculture and forestry, manufacturing, tourism
Major trading partners: EU & USA
Member of the EU: yes
Euro zone participant: no
Currency
Pound sterling (£)
Relative Costs
Meals
• Budget: US$5-10
• Mid-range: US$10-25
• Top-end: US$25+
Lodging
• Budget: US$15-30
• Mid-range: US$30-100
• Top-end hotel: US$100+
Money Advice
Wales is expensive, but nowhere near as expensive as England. Cardiff's prices are generally 5-10% lower than those in England. Wales' cities are generally more expensive than the countryside, but even outside the cities you'll still need at least US$25 a day, and if you stay in B&Bs, eat one sit-down meal a day and don't stint on entry fees, you'll need about US$60 a day.
Traveler's checks are widely accepted in banks and you might as well buy them in pounds sterling to avoid changing currencies twice. Cashpoints (ATMs) are very common in Britain: most are linked to major credit cards as well as the Cirrus, Maestro and Plus cash networks, but if a machine swallows your card it can be a nightmare. Most banks insist on chopping it in half and sending it back to your home branch - very helpful.
If you eat in a restaurant you should leave a tip of at least 10% unless the service was unsatisfactory. Waiting staff are often paid derisory wages on the assumption that the money will be supplemented by tips. Some restaurants include a service charge on the bill, in which case a gratuity is unnecessary. Taxi drivers expect to be tipped about 10%.
Source: http://www.yahoo.com

Wales is expensive, but nowhere near as expensive as England. Cardiff's prices are generally 5-10% lower than those in England.
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