I will be travelling around Europe (Portugal, Spain, France, Belgium, Netherlands, UK and Ireland) in July. Of all the countries that we are visiting, the UK is the only one not to use the euro currency. I will be changing USD to EUR and would like to avoid changing too much money into GBP that I won't use afterwards. So basically my question is if I can use Euros in shops, hotels, taxis, restaurants etc. and leave the rest of the sterling cash for small payments.
thanks!
No. Euros are not commonly accepted in the UK, especially for large payments. Some tourist oriented places might accept Euros - those that do are just as likely to accept US dollars. Hotels are likely to have a change facility, but a busy tourist attraction is not going to want to take the time to convert your foreign currency to pounds.
Credit cards are widely accepted, provided you have a chip and PIN card (which you are probably going to need in Europe anyway). A credit card will be much more useful than Euros.
Update as of 2024:
The UK is becoming more and more cashless. Travelling without a contactless payment option (card or mobile phone) is extremely inconvenient. Many things can only be paid for using contactless payments (train tickets, parking fees, etc.) and not in cash.
Apart from banks and exchange offices, USD and EUR are possibly accepted at some tourist traps in London (like taking a picture with a royal family lookalike). Additionally, euros (but not dollars) are accepted in shops and restaurants on ferries to and from Ireland and mainland Europe.
To be on the safe side, withdraw a small amount of GBP from an ATM when you arrive and then pay for everything using your card or phone.
