The pound has weakened sharply against both the dollar and euro in recent months.
This affects treatment prices abroad
International Herald Tribune - By Carter Dougherty -January 14, 2008
Dollar and pound fall sharply
The U.S. dollar and the British pound headed sharply lower Monday, owing to their economic weakness, with the
British currency hitting an all-time nadir against the euro, the currency used by 15 European countries.
Both the dollar and the pound have become entangled in a toxic mix of factors that are pushing both currencies
down.
The U.S. and British economies have drastically weakened in recent months, raising expectations that central
banks would cut rates to cushion the shock, and reduce the appeal of assets denominated in those currencies.
BBC NEWS - Thursday, 10 April 2008 22:05 UK
The U.S. dollar and the British pound headed sharply lower Monday, owing to their economic weakness, with the
British currency hitting an all-time nadir against the euro, the currency used by 15 European countries.
Both the dollar and the pound have become entangled in a toxic mix of factors that are pushing both currencies
down.
The U.S. and British economies have drastically weakened in recent months, raising expectations that central
banks would cut rates to cushion the shock, and reduce the appeal of assets denominated in those currencies.
BBC NEWS - Thursday, 10 April 2008 22:05 UK
One pound was worth as little as 1.2457 euros in Thursday trading though sterling later strengthened slightly,
to be worth 1.25195.
Dear Patient,
Due to the increasing loss in the value of the pound, approx 15%-20% decrease, after much delaying and
deliberation, BHMS sadly has had no alterative but to impose a 15% price increase effective from the 27th April
08. Once the pound again strengthens to 1.41 euros, we will immediately reduce our prices.
Clients who have had treatment plans issued prior to the 27th April 08 will still benefit from the old prices.
We are happy to inform you that 3% discount for cash payments and 5%-10% discount for treatments exceeding £6K
and £12K respectively will still apply to all new patients.
