Shopping in London
Buy Money London is among the worst places to exchange money. Included fees (in the exchange rate) of up to 50% are not uncommon. Do not get fooled by the "no commission" claim that many bureaux de change make. This is a lie because the exchange rates are so bad that the exchange is very costly. So, how do you identify a decent exchange rate? Basically, the spread between the buy and sell rate tells you what is the fee (divided by 2, actually)—anything above 10% is a rip-off, 5% is good. You are better off withdrawing money from ATMs here. Never attempt to change money on either Leicester Square or Tottenham Court Road; rates there can be misrepresented. Shopping Harrods London has a justified reputation for being one of the world's most expensive cities. But if you do your homework beforehand, there are ways to limit the damage, and prices for basic items are in general not as exorbitant as in the Nordic countries or Switzerland. London is one of the world's most fashion-conscious cities: it has an abundance of clothing shops from the flagship stores of Oxford Street…
Source: Wikivoyage · CC BY-SA 4.0. Text may be shortened for this guide.