Comments on: Falling Value of Pound Sterling

By: Martin

Martin — Tue, 02 Mar 2010 17:08:31 +0000

Frank buy your Aussie dollars now!!! The UK Pound is a basket case. We will default on our debts, re-value and de-value, then lose a third of our wealth.

By: frank

frank — Thu, 21 Jan 2010 10:48:24 +0000

Going to australia in july what will the pound be like then

By: mohun

mohun — Wed, 30 Dec 2009 18:11:47 +0000

every country with a strong currency, purposely and with political reason……..the country let and attract overseas investers…… with a long period of time the government lets depreciate the national currence thus getting the huge benefit….. when investers demand their monies. ita well known policy so nothing abnormal in pound decline

By: Marco Polo

Marco Polo — Mon, 28 Sep 2009 14:16:28 +0000

I reckon our Government got it wrong in beleiving that staying put with sterling was a good idea on the basis that we were becoming the centre of the Universe in the financial world. Well that theory has been well & truly scuppered, so I think it’s time to eat humble pie & join up with the rest of Europe. Our little country with little or no manufacturing capability & an ever smaller voice in the world of politics should just wake up & smell the coffee. Euros surely? Dollars,cents, Pounds & pennies.

By: Don

Don — Thu, 23 Jul 2009 14:15:52 +0000

You can clearly see by some of the predictions stated above that no one really has a clue. So let me tell you how it really is. With Bush & Blairs plains since in power…..you must know by now what they were being the most crooked politicians ever in power across the pond consecutively, the result is showing now of their work. They are richer, everyone else is worse of. With neo-con emmigration policies, matters will only get worse. You’re all in it for the long run people. No ones going to get rich quick except those that fooled you!

By: New SOCA spin « Peedeel’s Blog

New SOCA spin « Peedeel’s Blog — Wed, 13 May 2009 06:11:39 +0000

[...] operations – strangely they appear to have overlooked the simple fact that since July 2008, the Pound has fallen by around 25% against the Dollar and Euro. Oh dear. Perhaps someone needs to invest in a new [...]

By: Weak Sterling and effects on Economy | Economics Blog

Weak Sterling and effects on Economy | Economics Blog — Wed, 25 Mar 2009 14:38:09 +0000

[...] Falling value of Pound Sterling [...]

By: Howell

Howell — Tue, 17 Mar 2009 13:10:29 +0000

We have been fed so much anti-European propaganda by those who, either don’t know, or have a vested interest in keeping us out of the Eurozone. There is a global crisis but against other currencies, the value of Sterling has plummeted in comparison with that of the Euro. The values of our homes, our holdings and our stock have all fallen. The cost of importing raw materials for the manufacturing industries has escalated because we have to use “weak” sterling. Most of our manufacturing base disappeared years ago, so we don’t make much to export, anyway. A short while ago we were told that the UK was the fourth richest economy in the world. This was mainly due to the trust in the City and our service industries. Were these more lies and propaganda?
We should immediately launch a bloodless, military attack on Brussels and Strasbourg and let the EU armed forces win. We would then be forced into the Eurozone and the governance of this country would be in the hands of more competent and experienced politicians!
The British people would then be able to have the benefit of the same standard of living, education and training and health care as that enjoyed by the citizens of mainland Western Europe.
There’s many a true word spoken in jest!

By: web

web — Sun, 22 Feb 2009 12:11:05 +0000

Pound will get back up to 1.8 to 1.9 within the next 6 months or so.

By: Mouloud

Mouloud — Sat, 21 Feb 2009 01:01:00 +0000

What are exactly the advantages and disadvantages of a falling currency?
Would it have been a good idea to have joined the euro currency say 7 years ago? Why or why not?