Pound forecast to tumble on 'insane' spending cuts

[AtW]

Actually thats where you are talking out of your arse! In the last 18 months my supplier costs have gone up between 20-50% on different lines.

That's exactly my point and thank you for confirming it - 2.5% increase in VAT is nothing compared to generally very high level of inflation. It's not like there is a "tipping point" in this - Govt just wants to take bigger share of sale prices, 2.5% increase is pretty modest actually.

[TimberWolf]

$ is predicted to rally. It certainly has against £ over last few days.

There may some difficult days for the £ again, but at least this country
is tackling it's debt, if we leave it to grow we are just storing up an even
bigger problem for the future.

The Liberals are getting a bit twitchy about cuts now, as seen on the News tonight. This could do wonders for the £

[AtW]

The Liberals are getting a bit twitchy about cuts now

They are the weakest link - thanks for 28% CGT Mr Vince Cable - thanks a bunch!

[Green Mango]

The Liberals are getting a bit twitchy about cuts now, as seen on the News tonight. This could do wonders for the £

I think the Liberals will se it through.

Meanwhile governments seem in a race to devalue their currencies with QE even though no one appears to be convinced it is doing any good, but risks currency wars.

[MayContainNuts]

I'm not sure I would notice a drop in currency rates as I don't really travel. As long as the cost of beer is still tuppence a pint I'm happy.

[AtW]

I'm not sure I would notice a drop in currency rates as I don't really travel.

Maybe you don't travel, but the food does not teleport itself to those shops, every increase in price of fuel translates in higher prices for everything

[Green Mango]

I'm not sure I would notice a drop in currency rates as I don't really travel. As long as the cost of beer is still tuppence a pint I'm happy.

£ falls, cost of imported hops goes up or uk hops cost more because of imported fertilizers, your beer costs more.

[MayContainNuts]

£ falls, cost of imported hops goes up or uk hops cost more because of imported fertilizers, your beer costs more.

My dad owns an organic small holding. Good try, but sorry!

[MarillionFan]

My dad owns an organic small holding. Good try, but sorry!

Wow! You must know AtW then?

According to his last girlfriend she said he had a 'small organic holding'

[RichardCranium]

£ falls, cost of imported hops goes up or uk hops cost more because of imported fertilizers, your beer costs more.

We've allowed the once huge UK hop-growing business to die away; we now import most of them from places like Poland.

Hop prices have gone up many-fold this past few years.