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Pound tanking like ****. Glad I don't own a business that has to trade outside UK.
The pound tanking is a good thing though right.....
Good for exporters. Means our products if they used to cost $1000 now cost $950. Means not a lot to us unless it is long term. Those companies in the UK that import means things cost more.
This won't be a long term thing though. A lot of it is because of all the hedge funds gambling these days rather than actual markets. Hedge funds will be panicking a bit.
I always wonder why politicians are quite so cagey after the polls have closed. Ruth Davidson must be at least slightly concerned by the early results but she's sticking totally to the "too early to say anything" line rather than even going as far as "These results don't look great from what's being said but it's still very early".
I have a funny feeling we may see more extreme variations in the results than people were expecting. Going by what I saw on the streets of Hammersmith today and what I see from my London-based friends on Facebook, London will vote very heavily for Leave.I thought London would easily save the remain camp before but now I am getting a bit enthused because the rest of England could give leave a good enough result to counter the London weighting.
Another panic call by my boss:
If Brexit happens we will lose about 30% of our income and might have to lay off people.
**** that. The bookies are almost never wrong, I still trust them.
Got this from a person who works in banking.
People will still lose their jobs that is the whole point.Hedge fund? £ will not tank forever and will recover a lot quicker than all the doom mongers say.
I have a funny feeling we may see more extreme variations in the results than people were expecting. Going by what I saw on the streets of Hammersmith today and what I see from my London-based friends on Facebook, London will vote very heavily for Leave.
Hedge fund? £ will not tank forever and will recover a lot quicker than all the doom mongers say.
People have been losing their jobs for a long long time because of this freedom of movement and it would continue. None of these people were bothered about us getting ditched for migrants.People will still lose their jobs that is the whole point.
You're joking aren't you?People have been losing their jobs for a long long time because of this freedom of movement and it would continue. None of these people were bothered about us getting ditched for migrants.