The EU debate - Part III

The pound will be back at some point,its always up and down.A few years back the pound and euro
were about level.I'm going away in a few weeks time,if the cost worried me i'd stay at home

 

Exactly the answer I expected. Do you know why wetty?

But fair play, you got 3 likes from the other 3 old bigots. Quite a club!

 

Business leaders rubbish Tory plans to crackdown on foreign workers

http://www.independent.co.uk/news/u...aders-tory-crackdown-amber-rudd-a7345271.html

So this was announced but they also said they wanted foreign doctors to keep coming to work here.

Unbelievably arrogant and small minded.

 

As has been explained many times, it's not only going to affect travel abroad. That's the least of it.

A weak currency means that your imports become more expensive. As the U.K. has a significant trade deficit - it imports far more than it exports - this will lead to increased cost of raw materials, etc. That in turn leads those importers and manufacturers to pass their increased costs onto the retailers. They then pass that on to the consumer. Result, inflation.

In more normal times, rising inflation would lead to interest rates rising. However, with the economy up **** creek, and massive uncertainty for the next two years or more, the BoE will be reluctant to do that.

Almost unavoidable result - stagflation.

 

Theresa May will today condemn the metropolitan elite for sneering at millions of ordinary Britons over immigration.
In words that will resonate across the country, the Prime Minister will criticise those who try to dismiss the concerns of many voters as ‘parochial’.
And she will savage the political and chattering classes who think the public’s patriotism is ‘distasteful’ and their views on crime ‘illiberal’.

 

Why have so many Prime Ministers gone to Oxford University?
http://www.bbc.co.uk/news/uk-england-37500542
"But despite the widespread belief that a degree in Politics, Philosophy and Economics (PPE) is essential to a career in politics, meeting the right people is far more important, says Prof Evans."
This drives me mad! It's "Philosophy, Politics and Economics" http://www.ppe.ox.ac.uk/
You don't call the prime minister May Theresa.
NB. I don't think that Robert Evans was at fault. It would be a stupid journalist that wrote down PPE and then expanded it wrongly.

 

Express or Mail?

I've noticed that as well as starting a new account, you've also stopped posting links to the articles you're quoting.

You're quite the pussy Kustard.

 

....meanwhile at the Tory party they remain busy rigging things in favour of the affluent...

 

Always been the same, thats why I dont vote Tory and I dont vote Labour

 

....because their families were wealthy enough to afford private education...

 

... rubbish ... you don't go there because Greggs failed to get planning permission nearby ...

 

No ****.

You're strictly BNP.

 

... one less than the minister who likely has a poorly paid, non-uk national, member of staff on (often in) hand ...

 

My friends sister when to Oxford, they are not rich. But it helps

 

It's an easy argument to make and if the pound rebounds swiftly then you are right.
2008/9 the period below 1.10 was less than 2 weeks. The period below 1.15 was a couple of months and the knock on effect was a quadrupling of inflation from 1.2% in 2009 to 5% in 2011. The pound didn't fully recover until 2015.

If the drop is sustained for longer then the harm will be larger and the recovery slower.

 

At least two years of uncertainty ahead starting no earlier than the end of March 2017. In that time, what is going to make the GBP tick significantly up?

 

We've all lived through bad economic times/recessions,but sooner or later everything gets better again.
House prices are still on the up where i live despite the doom.Anyone know why??

 

Resonate across the country!

Has to be The Excess!...

 

Its going to be tough for a few years, we all know that, but when you get through it, things will look much better, as I can see the EU imploding

 

Not the express