Holidaymakers are at the mercy of a currency postcode lottery with big name travel money suppliers offering different exchange rates based on location.The consumer group found 'significant' variations in the amount of euros it was offered for a ?500 exchange between branches of the same provider across ten locations in the UK on a single day in March. At the Post Office - the country's biggest currency provider - Its researchers were offered a best deal of €578.50 in London and Glasgow, and a lowest rate of €565 in Birmingham, Haverfordwest and Sheffield.

Mr Lloyd added: ‘While we understand that local competition may play a part in the rates set, it is unfair that people are missing out on the best currency exchange rates just because of where they live.

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