nicko31
Well-known member
Below 1.29 on USD over night. 13% down since we jumped out of the aircraft, stuff from China is about to go. Only a matter of time before we start paying more for imported goods.
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Sterling, good time to buy a telly..
- Thread starter nicko31
- Start date
Easy 10
Brain dead MUG SHEEP
I honestly expected to see Raheem walking out of Currys with a 75-inch curve
Diego Napier
Well-known member
- Mar 27, 2010
- 4,416
Wow! Unbelievable, CGI surely?
gregbrighton
New member
How can I take advantage with a cheap telly please?
If Golden Brown was still in charge we'd have a good idea when it was a good time to buy gold.
Buy one that's cheap now, it'll probably be more expensive very soon.
Cian
Well-known member
Starting to regret making an Amazon splurge when it was 81p / €.
vegster
Sanity Clause
- May 5, 2008
- 27,893
I'm sure this is what Boris means when he says the benefits of leaving the EU have not been properly explained. This is merely the first of the many benefits the country will receive thanks to leaving the EU. This is a fantastic chance for us to start manufacturing and buying our own British made tellys , although we obviously don't make many of the components so we will have to buy them from China where obviously it's cheaper, but it's a step in the right direction...
Gazwag
5 millionth post poster
Hit her over the head with it
vegster
Sanity Clause
- May 5, 2008
- 27,893
It's all a big hoax in order to deny us our liberty and freedom, we are the 5th or 6th largest economy in the world and these are just routine fluctuations in the market.....Boris said that it would " all be all right " for us all, oh apart from him now it seems.....
portslade seagull
Well-known member
But I don't want to buy a TV
smudge
Up the Albion!
I get paid in $'s. End of the month can't come soon enough. Knowing my luck it will have recovered by then.
Publius Ovidius
Well-known member
For business this is good news if you are exporter....BUT for consumers, good swill be more expensive from Europe and the us.
Not good if you work for an American company who have taken a huge hit on forex.
Not good if you work for an American company who have taken a huge hit on forex.
When get you unexpected blips in economic terms you are right to think that manufacturers/importers are reluctant to raise prices as they may well need to reduce them in the near future leaving them looking a little silly. Right now the overwhelming opinion is that prices of imported goods are on the rise at least in the short term and maybe into the medium term, manufacturers and importers are not going to expose themselves to losses that they may not recover for a long time. Welcome to Brexit.
The Maharajah of Sydney
Well-known member
Dropped from 5th to 6th biggest economy yesterday.
French GDP surpasses Britain on plunging pound.
At current exchange rates, French GDP exceeds UK
France is now the world's fifth biggest economy as the plunging pound undercuts UK GDP.
Reuters reports that with the pound below 1.30 and EUR/GBP at 0.8575 that French GDP sits at 2.182 trillion euros compared to Britain at 2.172 trillion.
The rivals have traded places several times. France was larger until 1997 but was surpassed by Britain in 2014.
French GDP surpasses Britain on plunging pound.
At current exchange rates, French GDP exceeds UK
France is now the world's fifth biggest economy as the plunging pound undercuts UK GDP.
Reuters reports that with the pound below 1.30 and EUR/GBP at 0.8575 that French GDP sits at 2.182 trillion euros compared to Britain at 2.172 trillion.
The rivals have traded places several times. France was larger until 1997 but was surpassed by Britain in 2014.
Mental Lental
Well-known member
Check how optimistic the economists were at the end of last year........
http://www.telegraph.co.uk/finance/...my-as-France-and-Italy-face-G8-exclusion.html