Currency expert says "Pound could strengthen in coming months"

Mr Cogliatti explained that his opinion that the pound should "appreciate against the vast majority of its counterparts" is based on the UK being well prepared for the end of recession.

This would have a hugely beneficial impact on those planning to migrate and to British expatriates who have kept their funds in sterling, as the same number of pounds would buy more of the currency of their destination state.

Geraint Davies, MD of migration experts Montfort International plc warned that anyone emigrating should ensure they seek proper, professional advice before transferring their assets abroad to avoid adverse tax as well as foreign exchange rate implications.