UK goods may be cheaper to buy than before, but there's many problems with this. First, we're all significantly poorer. As individuals. Fuel, goods, foreign tr

UK goods may be cheaper to buy than before, but there's many problems with this. First, we're all significantly poorer. As individuals. Fuel, goods, foreign travel, etc. are all significantly more expensive. Second, what goods? We don't actually export much stuff so the benefits of being able to sell stuff cheaper isn't terribly attractive. Even if this did stimulate e.g. UK manufacturing in the long term, we're starting from a poor position and... Third, the stuff we do sell tends to be services or of the value-added variety -- all of which depends on imports, so much of any extra money we make will be swallowed up by increased costs. Fourth, even if we did sell more stuff, the money we made from it would be worth 8% less.