4 ms·

Maybe, if it is rational to loose ones status as Europe‘s financial hub which was one of the key drivers in the past for the high pound exchange value.

• pretendscholar 7y ago
  There are winners and losers to having a strong currency. It isn't inherently a bad thing to make the currency less valuable.
  • grogenaut 7y ago
    What are the winners going to be? What industries does Britain Excel at besides finance? I am asking sincerely.
    • jariel 7y ago
      Medical research and equipment, drugs, industrial equipment, engines particularly aeroplane, defence, branded goods etc. Departure won't ruin London as a financial capital, but it will shift the types of financing. Brexit is far, far more than just an economic issue.
    • tonyedgecombe 7y ago
      Nobody else can excel because finance dominates and makes other industries less competitive. It's like Dutch disease with money instead of oil.
  • notahacker 7y ago
    The winners are normally exporters, who have other reasons to be concerned...