The pound appeared to rally on the news of increasing interest rates. However that was just speculation everyone and their dog is taking profits and shorting the pound now.
Car sales down a massive 10%, DFS profits taking a dent not unlike their cushions after a year or two... the writing is on the wall. On top of that the EU economy is making the UK wince with its rate of growth.
Tories won't be done until the country is a complete basket case. Mogg and others are already lining up to blame Corbyn.
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Previously on "Pound plunges"
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Let me answer for all Brexiteers here: Has nothing to do with brexit
And for all Remainers: Has everything to do with Brexit
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Diana's ghost says falling sterling is good for the economy.Originally posted by AtW View PostMayday!!!

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