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...and it's also fairly easy to forsee that this rush will not happen, if, during the negotiations, the economy in britain goes further down. But we will only
by struppi 10y ago
...and it's also fairly easy to forsee that this rush will not happen, if, during the negotiations, the economy in britain goes further down.
But we will only know for sure in two years.
Anyway, I would have expected that there was a bigger rush up until the Brexit vote, when the British economy was very good and moving there seemed to be a safe bet (because it was in the EU and you could stay indefinitely).
- alexbilbie 10y agoThe economy is currently doing well in the UK. All doom and gloom forecasts as a result of the referendum have been re-revised up. Yes GBP has dropped in value but it will inevitably bounce back in time (although unlikely to the artificial high it was on just before the referendum last year).
- wastedhours 10y agoPerhaps the government-scale numbers and stock markets haven't been hit as much, but I know my wallet is being pinched more: food, travel, technology, heck, even apps. "The economy" is one thing, money in the pocket is quite another.
- alexbilbie 10y agoSure, and I'm feeling the same. But a lot of the price pinches are down to currency fluctuation resulting in sellers raising prices in GBP hence our purchasing power is reduced. The actual economy of the country to date is doing alright.
- bengale 10y agoThis is just tabloid regurgitation. The situation is much more fluid and nuanced, no-one is sure of what's going to happen going forward.
- tonyedgecombe 10y ago>Yes GBP has dropped in value but it will inevitably bounce back in time Are you putting money on that?
- tiatia 10y agoReal estate always goes up...
- Anderkent 10y agoRight, so measures that confirm your prejudice are legitimate, whereas anything that dropped was clearly 'artificially high'
- alexbilbie 10y agoThere have been numerous stories both before and after the referendum suggesting GBP was overvalued. http://www.telegraph.co.uk/finance/currency/12065157/Pound-is-most-overvalued-currency-in-the-world-analysts-claim.html http://www.telegraph.co.uk/finance/currency/12065157/Pound-i... https://fullfact.org/economy/exchange-rates-and-imf/ https://fullfact.org/economy/exchange-rates-and-imf/