Look on the bright side of a worthless pound

[Hiram King Of Tyre]

http://finance.yahoo.com/q/bc?s=GBPU...=on&z=m&q=l&c=

Blackpool again this year then?

[HairyArsedBloke]

Thing is, it won't stay tanked forever. Dunno why people are getting so excited about, unless you plan to do something abroad. Few years from now, who knows, it may be back up to 2dollar per quid again. In fact, now everyone and their dog are talking about it going down the pan it'll probably rebound

Yes, this is very true. I can see GBP/USD at that rate in the not too distant future. However, it won't be Sterling strength; it will be because the US Dollar has tanked.

[TimberWolf]

When I went on-line banking this morning I had a special invitation waiting for me, for an account paying 2.5% AER (summit like that) interest. Sterling loses that much in a day, let alone a year, so wasn't particularly tempted by this negative interest rate. I wouldn't be surprised if people remain wary of fiat currencies once the global currency devaluations slow down and stick with Gold or some-such.

[SuperZ]

Thing is, it won't stay tanked forever. Dunno why people are getting so excited about, unless you plan to do something abroad. Few years from now, who knows, it may be back up to 2dollar per quid again. In fact, now everyone and their dog are talking about it going down the pan it'll probably rebound

[fullyautomatix]

I doubt the IT managers doing the outsourcing will be clever enough to realise this.

Their bonus is decided on how much work has been outsourced.

[DimPrawn]

has the £ tanked again?

http://finance.yahoo.com/q/bc?s=GBPU...=on&z=m&q=l&c=

[HairyArsedBloke]

Ace news for those of us who earn in USD too.



Except, I don't bring any of it into the UK so it doesn't really mean have any effect on me.

[DimPrawn]

People from the Republic of Congo and Zimbabwe can buy our property and prop up house prices here.

[Hiram King Of Tyre]

has the £ tanked again?

[doodab]

Indian IT workers will look very expensive.

Bad luck Bob.

You'll be able to undercut eastern european farm labourers too.

[DimPrawn]

Indian IT workers will look very expensive.

Bad luck Bob.