ok so the pound had also fallen before Brexit, fair enough, but it can't be denied that the fall was steepest in the immediate weeks after Brexit.Red Snapper wrote:It is beyond dispute that the pound has lost around 10% against the Euro since June 23rd last year but let's extend that time line. At the turn of the century my business was thriving so my wife and I did what many others did and bought a property in Spain. The exchange rate we got was e1.58 to the pound. Most of the drop in the value of the pound since then occurred before anyone outside his close family had ever heard of Nigel Farage. Furthermore, the first time I went to America in 1981 we got $2.20 to the pound. Most of the drop to today's value can't be laid at the door of Brexit or Trump.Gunner Rob wrote:http://www.independent.co.uk/news/uk/po ... 04121.htmlthe playing mantis wrote:what evidence do you ahve of this fantasy world too?
this is happening.
prices in the shops are also going up because of the weakening pound, the exchange rate is still very weak against the Euro so Europe (yes you know that place which is supposed to be falling apart
meanwhile how is Brexit shaping up for you? how are you benefitting?
furthermore the decline in the pound/dollar exchange rate over the years just highlights the weakening of the UK economy and why it is so important that the UK is part of the larger EU to be able to compete and survive.
as I have said before as part of the EU the UK is a major player with influence.
if we are isolated from it then all that influence is lost and we are just a small island on an increasingly large and very competitive global stage
