Originally Posted by Cheetah666:
“Its because of Brexit, or more specifically because the Brexit vote caused a drop in sterling's value vis á vis the dollar and the euro.. Low sterling plus single market membership has benefitted many sectors of the economy. Ideally - if you were thinking about nothing other than the economy - you would stay in the EU and find some way to convince the money markets that you were constantly on the verge of leaving.
That won't happen though, so expect at least some of this good news to turn sour after Brexit actually happens.”
The Pound against the Dollar and the Euro has fluctuated all the time we have been in the EU sometimes a lot lower than it is today.
I can remember when people were saying it will be one Euro to one Pound if it drops much lower.
Its the currency market that do this not the Government the EU or the US it currency speculators .
Live it is said is for living let just get on with what we have has we have done many times before.