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The value of the £ has been the official opposition since Brexit.
by krona 10y ago
The value of the £ has been the official opposition since Brexit.
- rsync 10y ago"The value of the £ has been the official opposition since Brexit." I wonder if you realize that a declining value of the pound is likely to be positive for the British economy ? It's not certain, but very likely ... In fact, it might even be considered a feature of BREXIT.
- slgeorge 10y agoThe reduction of the exchange rate is unlikely to actually help the UK. Have a look at some of the academic research, while business leaders and politicians believe that a reduced exchange rate helps exporters there's not that much evidence for it. Also, even if it does help exporters from the perspective of average voters costs and inflation will go up - which they may not have thought through.