Brexit.

[ashman]

Sterling was grossly over valued this long time .  The bottom line is that Brits travel abroad too much and import way to much .  It will balance out over time .  Also they will need to run a surplus and their debt is too high .

[armaghniac]

Sterling was grossly over valued this long time .  The bottom line is that Brits travel abroad too much and import way to much .  It will balance out over time .  Also they will need to run a surplus and their debt is too high .

Indeed. So Brexit didn't quite cause the decline in Sterling. However, by creating uncertainty and affecting trade it is very likely to make things worse. It has recovered a bit, basically on the grounds that May is going to do something of a U turn when she gets a majority and go for a softer Brexit. 

[seafoid]

Brexit tanked in October when it was clear the hard Brexit lunatics were in charge.

for example

https://www.theguardian.com/politics/2016/oct/01/theresa-may-to-propose-great-repeal-bill-to-unwind-eu-laws
"Bernard Jenkin, a longtime Eurosceptic and 'hard Brexit' advocate, said a growing number of people "support a speedy and clean break with the EU".
Writing in the Observer, Jenkin said Brussels needed to know the UK was prepared to walk away without a deal. "We need to be aware that article 50, as intended, could tie us up in knots. So we must be prepared to leave without any formal agreement if necessary, or the commission has us over a barrel."

Modern supply chains are complex and crossborder . The UK can't just walk away as if nothing will happen

Nobody voted for a hard Brexit
https://www.ft.com/content/3bb3e508-84d9-11e6-8897-2359a58ac7a5

"New research by Birkbeck academic Eric Kaufman allows us for the first time to quantify the loss of support once UK prime minister Theresa May tells us what Brexit means. He finds that one-third of Leave voters would be willing to pay 5 per cent of their personal income to reduce EU immigration to zero. However, another third would not be willing to pay any money to effect a reduction of any size."

[armaghniac]

it has to be said that with these looneys running the asylum, there doesn't seem to be much interest on this island in the prospect of having the most intrusive border for 1000 miles around, when people have been used for 2 generations to having had one of the least intrusive.

[Milltown Row2]

Thats it! we wont be able to afford those new phones or computers anymore, xmas cancelled and forget about the Hols! we blamed the banks the last time now its the 52%!

We love a good blame game here

Not really sure I get your point?

It's a pretty simple equation. The pound has lost 20% of its value against the Euro therefore purchase of materials/goods/anything that is European is more expensive.

You keep talking about it not having much of a negative effect on GAAboarders but a 2.7% and rising price increase is going to hit a lot of people very hard when you consider energy/food prices!

People eat way too much anyways so that will help with the obesity crisis

[Franko]

Thats it! we wont be able to afford those new phones or computers anymore, xmas cancelled and forget about the Hols! we blamed the banks the last time now its the 52%!

We love a good blame game here

Not really sure I get your point?

It's a pretty simple equation. The pound has lost 20% of its value against the Euro therefore purchase of materials/goods/anything that is European is more expensive.

You keep talking about it not having much of a negative effect on GAAboarders but a 2.7% and rising price increase is going to hit a lot of people very hard when you consider energy/food prices!

People eat way too much anyways so that will help with the obesity crisis

That sounds like an answer you'd hear coming from Boris Johnston.  And he's a pillock.

[Milltown Row2]

Thats it! we wont be able to afford those new phones or computers anymore, xmas cancelled and forget about the Hols! we blamed the banks the last time now its the 52%!

We love a good blame game here

Not really sure I get your point?

It's a pretty simple equation. The pound has lost 20% of its value against the Euro therefore purchase of materials/goods/anything that is European is more expensive.

You keep talking about it not having much of a negative effect on GAAboarders but a 2.7% and rising price increase is going to hit a lot of people very hard when you consider energy/food prices!

People eat way too much anyways so that will help with the obesity crisis

That sounds like an answer you'd hear coming from Boris Johnston.  And he's a pillock.

Sorry i left out the smiley face, some people wouldnt see the taking piss post for what it was.....

But people eat way too much

[Rossfan]

Close them food banks. That'll show them!!

[Franko]

Thats it! we wont be able to afford those new phones or computers anymore, xmas cancelled and forget about the Hols! we blamed the banks the last time now its the 52%!

We love a good blame game here

Not really sure I get your point?

It's a pretty simple equation. The pound has lost 20% of its value against the Euro therefore purchase of materials/goods/anything that is European is more expensive.

You keep talking about it not having much of a negative effect on GAAboarders but a 2.7% and rising price increase is going to hit a lot of people very hard when you consider energy/food prices!

People eat way too much anyways so that will help with the obesity crisis

That sounds like an answer you'd hear coming from Boris Johnston.  And he's a pillock.

Sorry i left out the smiley face, some people wouldnt see the taking piss post for what it was.....

But people eat way too much

My point still stands.

[Milltown Row2]

Close them food banks. That'll show them!!

In Limerick?

[Rossfan]

Close them food banks. That'll show them!!

In Limerick?

Glasgow, Newcastle, Manchester, Liverpool.........
Check these lads
www.trusselltrust.org 

[Milltown Row2]

Close them food banks. That'll show them!!

In Limerick?

Glasgow, Newcastle, Manchester, Liverpool.........
Check these lads
www.trusselltrust.org

Limerick not got any?

[Rossfan]

Concentrate on your beloved United Kingdom.

[Milltown Row2]

Concentrate on your beloved United Kingdom.

You still not answering? Hmmmm either you can't or you're full of shit

[Rossfan]

Know feck all about Limerick.
Plenty in Belfast and various loyal areas of the 6 Cos I see.