Quote:
Originally Posted by Royboy39
Margaret...you have hit the nail on the head...It was the pundits and the governer of the bank of England who drove down sterling and the government did nothing to stop it.
Exports are cheaper yes....but there is no money to support it.
Why should I now buy from China, as I have always done when sterling will only buy 75% of what I was paying 1 year ago...why should I buy sterling with euros at equal parity.......no bloody way.
Sterling will have a deep effect on many currencies and many people who would have taken sterling in the past as a reliable currency will no longer take it.
We are and the pound is in a mess.
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As an addiition to my last post, I am nearing the age of seventy and my life in the commercial world will end on !!th June.
I owe nothing and no-one owes me anything...a nice position to be in.
Good luck in the future to the ones who aspire to start a business and to the ones who keep their jobs.
Good advise to all...keep your eye on the ball and dont let the barstewards get you down.
