When I strarted my job in Germany in November 2008 I think I had something like a 30% rise in my wages in about 3 months when converting to GBP as the pound fell against the Euro.
Yeah. 14 years ago could get $2 for £1. Now they're predicting in less than a year the £ will be worth less than the $, already fairly close to 1:1. Pretty scary times for GBP. I definitely need to get over to UK next year before it rebounds.
Always looking for the bright side I thought I'd see what the benefits of having a weak pound (if any) are. For those like me seeking out something good from a poor situation, the sum total of my research into who the winners from a week pound are: UK exporters Foreign tourism to UK increases Foreign investors into British assets UK firms who earn profits abroad e.g. firms with investments in the US
Having met one who paid £4k for a Gucci collar for his dog, with diamonds set in it of course, it is nice to know they will not be struggling.
Anyone earning a million will be about 55k a year better off… should keep the lights on in that 3rd holiday home they have out in the country.
Our Fluff was 20 when she died, she was a small tabby. She was cremated and her ashes buried under where we plant our tulips. They come up a treat every year