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Sterling rout not yet over as no-deal Brexit odds jump - Reuters poll

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9 hours ago, juice777 said:

I am on my way back to the UK now I just worked out that in my local Wetherspoons it will be between 56 - 81 THB for a pint of real ale.I don't know what to make of that to tell the truth.Apart from I can't see me going abroad for years what's the point when it will break the bank and I have seen it all before.

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was in wetherspoons [in london] tuesday nite----12 oz rump steak chips peas mushroom and a tomato +a pint of kronenburg £9.50 steak was superb.

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9 hours ago, BritManToo said:

I changed pounds last week at 37.2, so of course this week it's gone up to 37.7.

whys life so cruel?

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19 minutes ago, kingdong said:

was in wetherspoons [in london] tuesday nite----12 oz rump steak chips peas mushroom and a tomato +a pint of kronenburg £9.50 steak was superb.

...and 'a' tomato?... only one (1) tomato?

 

Some folk are far too easily impressed IMHO.

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5 hours ago, bristolboy said:

The reason for the uptick being that there's been some renewed hope that Parliament can stop Brexit.

Depends on what you read and what you (want to) believe.

British Pound Jumps after Macron says Brexit Deal Can be Amended

https://www.poundsterlinglive.com/gbp-live-today/11923-gbp-to-eur-and-usd-macron-headlines

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"the money markets"who? the payday loan sharks and the "release the equity from your property" mobs, every other advert on tv seems to be one of these,come back nick leeson all is forgiven,don,t forget all you "ex-pats" the main reason the pound is low is gordon [they,ll be no more boom and bust] brown devalueing [sorry,quantative easing,lot more catchy]the pound to bail out all his banking buddies in the city.well ppi claims end 31 aug everyone,don,t forget to contact a "financial services" firm to let them charge you 20% of your claim to  fill a form out for you,diamond geezers.

Edited by kingdong
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18 minutes ago, NanLaew said:

...and 'a' tomato?... only one (1) tomato?

 

Some folk are far too easily impressed IMHO.

lot better value[despite the cheap labour] meal than you can get in pattaya,had so many gash meals that i take an electric skillet and cook my own,no it was only half a tomato,and all the bar and restaurant owners wonder why pattaya is so empty,what with sky high prices and kak service in what is essentialy a 3rd world country theres your answer,the golden days of tourism have had the harris torn out of it.

Edited by kingdong
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19 minutes ago, NanLaew said:

Depends on what you read and what you (want to) believe.

British Pound Jumps after Macron says Brexit Deal Can be Amended

https://www.poundsterlinglive.com/gbp-live-today/11923-gbp-to-eur-and-usd-macron-headlines

suppose if macron had crept one out it would have jumped even higher

Edited by kingdong

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2 hours ago, bristolboy said:

Are you seriously claiming that the money market traders got it wrong about the effects of the brexit vote? Really?

yes

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On 8/12/2019 at 2:27 PM, Nigel Garvie said:

About immigrants if you doubt they are contributing overall to UK Plc, please supply factual statistical evidence from reputable sources (Not Tabloids) rather than vague contentions such as "It just isn't true".  

 

"not tabloids"are there any broadsheets left?"factual statistical evidence"?  heres a statistic for you---- "you,ve got more chance of dying in a road accident driving to the beach,than being killed by a shark" now if the "you" applies to every person in the world [including some slag who lives in the middle of the gobi desert and has never seen the ocean] its true however if you only apply it to people who swim in dangerous sharks habitat those odds plummet.all depends on your [or the person paying you]slant on the "statistic".

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4 hours ago, bristolboy said:

Are you seriously claiming that the money market traders got it wrong about the effects of the brexit vote? Really?

2 hours ago, kingdong said:

yes

What's it like in the alternative universe you inhabit?

Pound tumbles to 30-year low as Britain votes Brexit

https://www.ft.com/content/8d8a100e-38c2-11e6-a780-b48ed7b6126f

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13 minutes ago, bristolboy said:

What's it like in the alternative universe you inhabit?

Pound tumbles to 30-year low as Britain votes Brexit

https://www.ft.com/content/8d8a100e-38c2-11e6-a780-b48ed7b6126f

Britain did devalue the Pound, which should be really good news for the British exporters. This is exactly what some folks have been saying Italy, Greece and some other countries should have done. 

 

Devaluing currency basically means lowering the local salaries compared to other countries. Thus making manufacturing cheaper as the labour costs are lowered. Good for businesses.

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15 minutes ago, manitoba said:

Britain did devalue the Pound, which should be really good news for the British exporters. This is exactly what some folks have been saying Italy, Greece and some other countries should have done. 

 

Devaluing currency basically means lowering the local salaries compared to other countries. Thus making manufacturing cheaper as the labour costs are lowered. Good for businesses.

Britain did not devalue the pound. This was not a plan executed by the UK. The pound floats freely in the currency markets. The pound lost value due to the prospect of Brexit.

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2 minutes ago, bristolboy said:

Britain did not devalue the pound. This was not a plan executed by the UK. The pound floats freely in the currency markets. The pound lost value due to the prospect of Brexit.

But effectually Britain did devalue the pound? 

 

Even now the British working class folks are quarter poorer compared to the folks outside of Britain. 

 

 

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18 minutes ago, manitoba said:

But effectually Britain did devalue the pound? 

 

Even now the British working class folks are quarter poorer compared to the folks outside of Britain. 

 

 

It was a second order effect. 

And, no, British working class folks aren't a quarter poorer. The British economy doesn't consist solely of imports.

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31 minutes ago, bristolboy said:

It was a second order effect. 

And, no, British working class folks aren't a quarter poorer. The British economy doesn't consist solely of imports.

Let's have a fun get together in Spain with loads of dine and wine. 

 

- UK folks.. uh, perhaps another time.

- The rest of the World.. hey, that's a great idea, let's do it!

 

UK people are now quite a lot poorer compared to just few years ago.

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