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Of course it always depends on the perspective: For a fisher man who wants to export seafood to the EU this is good news. For the average family which has to pa
by fxj 7y ago
Of course it always depends on the perspective: For a fisher man who wants to export seafood to the EU this is good news. For the average family which has to pay 20% more for everyday goods like vegetables from the Netherlands, not so much. However, Britain has a large trade deficit in goods and services, so in total it is bad news.
- ProxCoques 7y agoAlso note that UK exporters have tended to bank the price difference rather than increase sales. Not good for increased employment. https://www.theguardian.com/business/2017/sep/15/uk-exporters-have-hoarded-gains-from-fall-in-sterling-says-ons https://www.theguardian.com/business/2017/sep/15/uk-exporter...