Don't Kill Bill
Full Member
- Joined
- May 14, 2006
- Messages
- 5,790
Interestingly when the IMF bin the EU over its plans on the Greek debt crisis not a word.
The UK manufacturing sector is in recession and the economic data has been poor. It isn't always about the referendum.
Historically the pound has traded much lower and much higher than it is now. That's the advantage of having your own currency it can float about when it needs to and I don't see why this is a bigger problem than the recent issues in the Euro Zone. From the manufacturers point of view its a bit of a godsend.
He actually said that? It's already fallen 9% in the last 5 months and the UK haven't left yet.
However, as the UK imports much more than it exports , although the exports will be theoretically cheaper for customers, the imports will be more expensive and that doesn't take into account additional levies, duties and taxes. Maybe that's why he's not telling the truth again.
The UK manufacturing sector is in recession and the economic data has been poor. It isn't always about the referendum.
Historically the pound has traded much lower and much higher than it is now. That's the advantage of having your own currency it can float about when it needs to and I don't see why this is a bigger problem than the recent issues in the Euro Zone. From the manufacturers point of view its a bit of a godsend.