[Merged]Brexit stuff

[WTFH]

Just need a politician called Clarkson to be thrust into the cabinet now

I think he'd be punching above his weight.

[vetran]

I think he'd be punching above his weight.

only if he hits Prescott, Clarkson is getting a bit Lardy

[BlasterBates]

Pound weakness causing the FTSE to rally.

Pound-Fueled FTSE 100 Rally No Cause for Joy to U.S. Traders - Bloomberg

[The_Equalizer]

Flipping heck you're no kidding. Last time I looked it was last week, sure it was around €1.17 now €1.14

This will more than hurt exporters soon enough after the raw materials dry up.

You do realise that Sterling was at near parity with the Euro back in 2008/2009?

[minestrone]

IMF forecasts are out in an hour.

Incidentally IMF claimed pound was overvalued 10% before it dropped 10%

[scooterscot]

Got £20k in Sterling. Should I switch it to Euros now or not. Stick or twist. Leaning to twist.

[LondonManc]

only if he hits Prescott, Clarkson is getting a bit Lardy

Two Ferraris Clarkson doesn't scan quite as well though

[vetran]

Two Ferraris Clarkson doesn't scan quite as well though

the way he screws around how about 'two Slags?'

[Fronttoback]

Got £20k in Sterling. Should I switch it to Euros now or not. Stick or twist. Leaning to twist.

That's a 10% depo on a studio flat in London. Go to UK and get another loan. Buy as residential. Rent it to a friend. Sell in three years. By then the pound will have bounced because sterling interest rates will have gone up. Euro interest rates cannot go up, due to Greece and Italy. Then sell your property, buy euros for sterling. You will make a good profit.

Buy in the right place. Scale mortgage to rental income. Choose tenant wisely. What more can I do? - put the cash in your hand myself?

[scooterscot]

You do realise that Sterling was at near parity with the Euro back in 2008/2009?

So we might as well join the euro then.