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MORE BAGS FOR YOUR BUCKS; How our intrepid shopper saved an incredible [pounds sterling]1,181 by buying her gifts in New York.

Byline: ANDREA THOMPSON

THIS week New York has been alive with British women darting in and out of yellow taxis and tiptoeing through the thick blanket of snow loaded down with heaps of designer shopping bags. With just a week to go to Christmas, British Airways has reported a surge of new bookings for flights to the city - currently its top destination - as thousands of Britons descend on the retail capital of the world for some serious last-minute shopping.

But before you dismiss such extravagance as the preserve of the rich, consider how much the financial climate has changed. The pound is currently riding high with the best exchange rate since 1992 - at $1.74 - ...

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