OMG, Approximately @ 08:54 GMT the euro broke through the 0.90105 barrier

[TimberWolf]

I think if AtW were here he'd point out that as a net importer, UK raw material prices would rise as the pound falls and any short term rise in exports would be transitory. Where is our resident economics expert anyway?

[scooterscot]

manufacturing plants are highly sophisticated Jaguar land Rover and many others.

Have you realised how stupid you've made yourself?

Jaguar land Rover is not even a British company, why are the profits going to be reinvested in tax capital of the world?

[DodgyAgent]

Have you realised how stupid you've made yourself?

Jaguar land Rover is not even a British company, why are the profits going to be reinvested in tax capital of the world?

I never said they were British owned, but the point is that their Management R&D and manufacturing are based in the UK thus creating jobs. It may well be that profits are taken abroad but that was not my point. But compared to the logic of a fool that thinks an entire nations economy should be managed by another country I thought my point was fairly sound.

[chef]

this thread has made me feel better after just this morning turning down a £400 a day job without expenses in outer London while I clean my tent post Glastonbury and then have a sit in the sunshine for a days relaxing.. the agent actually tried telling me that £400 is "pretty damn close to 500EUR anyway" and he'll get back to me if he can "possibly get them to up it to £450"

CMDB config, bah, who needs it

[alreadypacked]

My guess is they will put up interest rates to halt a sterling slide.

[TimberWolf]

My guess is they will put up interest rates to halt a sterling slide.

[OwlHoot]

Brilliant. It means that our exports will prosper, more money will stay in the UK, more tourists ()

Oh God, no! Already South Ken & Earls Court is infested with them, dull witted creatures mooing about aimlessly, asking stupid questions, and getting in everyone's way.

I can't wait for the economies of Greece, Spain, and Italy to collapse (ideally the US too, although that's a bit much to hope for), so all the tourists sod off back home where they belong!

[DodgyAgent]

Oh God, no! Already South Ken & Earls Court is infested with them, dull witted creatures mooing about aimlessly, asking stupid questions, and getting in everyone's way.

I can't wait for the economies of Greece, Spain, and Italy to collapse (ideally the US too, although that's a bit much to hope for), so all the tourists sod off back home where they belong!

And they are all so fat!

[DimPrawn]

WHS



My guess is QE3 to push the slide a bit quicker.

It's great when you owe the world a trillion pounds and a trillion pounds is worth nothing.

[gingerjedi]

I was thinking more of crappy British brand white goods like Hotpoint but all that stuff has moved overseas now.

I think you'll find all the cheap white goods are as bad as one another no mater where they are made, a cheap washing machine cost £300 10 years ago as it does today. That's the price point that people are willing to buy so they cut corners to keep the price down.

Bosch aren't what they were because they are now competing on that level, interestingly my 'cheap' Hotpoint dishwasher is a re-badged Bosch from the era when Bosch were good.

My old Hotpoint pwns a new Bosch.

It's amazing what you learn when you research before you buy.