£1.00 = $1.047 History is made

[edison]

I'm thinking about selling some US investments bought at $2 = £1 about 20 years ago.

I'm in similar boat, about a third of my pension is made up of shares bought in USD when £1 was around $1.65-1.70 as well as Swiss francs and Euros.

[d000hg]

I should see if I can get any work with former US clients wanting a bit doing...

[ladymuck]

R4 Today programme idiot trying to get some economist person (I wasn't paying much attention) to say they were wrong about their predictions because sterling recovered by a whole cent against the dollar. I turned the radio off because it was getting too much like a Philomena Cunk interview but far less entertaining.

[SueEllen]

R4 Today programme idiot trying to get some economist person (I wasn't paying much attention) to say they were wrong about their predictions because sterling recovered by a whole cent against the dollar. I turned the radio off because it was getting too much like a Philomena Cunk interview but far less entertaining.

I watched some Jonathon Pie yesterday. It was suppose to be comedy but he sounded like every talk radio presenter since the "statement".

[Paddy]

R4 Today programme idiot trying to get some economist person (I wasn't paying much attention) to say they were wrong about their predictions because sterling recovered by a whole cent against the dollar. I turned the radio off because it was getting too much like a Philomena Cunk interview but far less entertaining.

Unfortunately the BBC has lost its independence since the Tories appoint their favoured director general

[DealorNoDeal]

https://www.telegraph.co.uk/business...n-crispin-odey

Remainers are to blame for the run on the pound

[cojak]

https://www.telegraph.co.uk/business...n-crispin-odey

Remainers are to blame for the run on the pound

Bloody hell - really? That worn out crappy excuse?

[vetran]

Bloody hell - really? That worn out crappy excuse?

Aren't they to blame for most things? The B word seems to be blamed for everything.

Maybe the strength of the Dollar is a bit of a factor?

[cojak]

Aren't they to blame for most things? The B word seems to be blamed for everything.

Maybe the strength of the Dollar is a bit of a factor?

Or the incompetence of Truss and Kwateng possibly?

[Zigenare]

Or the incompetence of Truss and Kwateng possibly?

Incompetence? How so? We've stagnated for years, a step change was required. Perhaps this is it.