Bulgaria is the cheapest holiday destination in Europe, a new study shows, as cited by the Independent.

UK company Post Office carried out the research to compare relative prices across the world, as the British pound has recently got much weaker against other currencies.

In the study Bulgaria is flagged up as highly affordable location and is said to be the cheapest destination in the whole of Europe, just ahead of Turkey.

The results come out after a recent similar research by Teletext Holidays found the cost of food and drink in places such as Sofia is much less than in many other European cities.

A pint of beer and a Big Mac costs just GBP 1.49 in Bulgaria, making it the world's best value holiday hotspot for Brits, the survey claimed.

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