Pound At Highest Since Brexit Vote........

ToraToraTora | 09:36 Tue 17th Apr 2018 | News

30 Answers

http://www.bbc.co.uk/news/business-43793605
I thought we were supposed to be living in caves on a Bowl of gruel a day by now! PMSL!

Bravo Monsieur.....

Does Mars Need Hoovering?

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steg

Aye, pmsl

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what's the picture?

JJ109

It still hit me hard TTT.
Before Brexit my pension was getting me 53.5 Thai baht to the pound. With the increase today I would get 44.7
That is still a 20% reduction in my pension.... but small mercies when I was getting 42 baht per pound it was even worse.

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This is a UK site.

JJ109

..and I am a UK citizen with a UK pension

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Question Author

there is always going to be currency differences that's why you should earn in the same currency you have to live on.

ichkeria

Well, I am happily residing in the sunlit vineyards of Vichy Britain for now, thank you very much :-)

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ahhh the remoaners pin up!

youngmafbog

The pound is driven by many things, something Project Fear omitted to tell people.

It's good news at the moment but it would be best if it didnt go too high or it reflects badly on our exports.

My favourite:
https://www.telegraph.co.uk/content/dam/news/2016/12/08/JS114706678_pixel-GRG_trans_NvBQzQNjv4BqH7ePlBY3E4z00ksx7LiwusOAhppmcF7DdWNaxxbhz1M.jpg?imwidth=1400

JJ109

...and if it goes too low, as many of the UK's imports are essential goods, these will become more expensive and this will drive inflation.
There is a fine line to be drawn

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that would make a great avatar YMB

Garaman

The pound is strong on the belief that a transitional deal being agreed with the EU is a good one for the economy. Funny how those praising the pound’s strength are the same ones who didn’t seem keen on the deal. PMSL!