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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am
Posts: 29240
Location: Guantanamo Bay (thanks bobbdobbs)
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http://news.bbc.co.uk/1/hi/business/8543007.stmThis is actually good news. It makes our goods cheaper in the rest of the world and so help exports, and it will make overseas holidays more expensive so helping the UK hotel trade. This is unlikely. If they cut spending then the growth falls or even drops again.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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| Mon Mar 01, 2010 12:41 pm |
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TheFrenchun
Officially Mrs saspro
Joined: Wed Jan 06, 2010 7:55 pm
Posts: 4955
Location: on the naughty step
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It's really good for me  Grant is actually worth a lot now. however not that great for most british people :s
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| Mon Mar 01, 2010 12:48 pm |
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hifidelity2
I haven't seen my friends in so long
Joined: Fri Apr 24, 2009 1:03 pm
Posts: 5041
Location: London
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Not good for me as off to the states soon - Grrr the beer will be more expensive. Thought of getting an iTouch in America but the price differential is dropping - might even be cheaper to get it in duty free in Heathrow
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| Mon Mar 01, 2010 1:14 pm |
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TheHobgob
Occasionally has a life
Joined: Fri Apr 24, 2009 6:33 pm
Posts: 491
Location: UK, England.
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+1 off to NY soon, was hoping to get some stuff out there. _________________Twitter: AdamW89 Flickr: The Hobgob
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| Mon Mar 01, 2010 1:22 pm |
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Coref
Occasionally has a life
Joined: Mon Apr 27, 2009 6:20 pm
Posts: 446
Location: ~/
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But inflation will rise as imports get more expensive. Look at the difference in between oil prices at their peak and petrol prices and then compare them to now.
_________________
I was nickholway on the old boards.
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| Mon Mar 01, 2010 7:53 pm |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am
Posts: 29240
Location: Guantanamo Bay (thanks bobbdobbs)
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Yes but these will also stimulate home production of many goods and services. I will be affected as I buy the odd item from the US and have to pay in $ which boosts the costs, but a expensive pound has not really helped us as a nation.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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| Mon Mar 01, 2010 7:57 pm |
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big_D
What's a life?
Joined: Thu Apr 23, 2009 8:25 pm
Posts: 10691
Location: Bramsche
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Unless you have a UK pension and are an ex-pat...  
_________________
"Do you know what this is? Hmm? No, I can see you do not. You have that vacant look in your eyes, which says hold my head to your ear, you will hear the sea!" - Londo Molari
Executive Producer No Agenda Show 246
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| Mon Mar 01, 2010 8:06 pm |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am
Posts: 29240
Location: Guantanamo Bay (thanks bobbdobbs)
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Yes but the government could negotiate with other governments to stabilise the pensions There are hundreds of thousands of UK pensioners all over Europe who will be affected by this. Maybe the rules should allow people to transfer their pension funds so that the currency risk is eliminated once the pension is transferred.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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| Mon Mar 01, 2010 8:31 pm |
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