What the hell is happening to the Pound?

[Trufflehound]

Xmas is going to be cheap next week.

 

[Elder for England]

Anyone got a Ski trip to Europe booked? Have you considered a 2nd mortgage to help with the costs?

I have.

 

[Bevendean Hillbilly]

Almost a great plan, but for 1 small flaw:-

IT'S STILL FOOKIN EXPENSIVE, HERE!.

Good Point well made.

Alternatives:

1. Dont go on Holiday. invest in some hardcore and stop indoors
2. Sell the house and live in the shed
3. Go on Belgian X factor and get big in Brussels, insist on being paid in Euros
4. Kill yourself.

 

[Titanic]

Anyone got a Ski trip to Europe booked? Have you considered a 2nd mortgage to help with the costs?

I don't think you'll find many banks willing to offer you a second mortgage (or a first one for that matter), unless you have a huge deposit, pay enormous admin fees and several points over the base rate...

but don't worry... Gordon's got it all under control...

 

[Titanic]

perhaps he could use our gold reserves to bolster the economy... oh wait... sorry, he sold them at the bottom of the market when we were in the middle of an economic boom...

 

[Mendoza]

I changed all my pounds to LEWES pounds because Lewes is the centre of the universe and its currency will reign supreme for time ever lasting

 

[Titanic]

but he's put an end to boom and bust... so everything must be going to be just fine... good old Gordon...

 

[Tom Hark Preston Park]

Ski-trips were always a way of parting the dumb rich from their money anyways. Who the f*** wants to escape the British winter by escaping to some shitty snotty overpriced colder place anyways?

The smart money follows the sun, goes to Barbados, Oz, Goa, Canaries etc etc

 

[Safeway]

If you can afford a ski holiday anywhere other than Bulgaria you're probably well-off enough not to worry about the current economic crisis anyway.

And as for holidaying in this country.

 

[El Presidente]

Currently 92.5p to the Euro. BAD BAD BAD.

WHAT CAN BE DONE?

Continue to shop in Poundland Steve, you won't notice the difference

 

[Safeway]

Continue to shop in Poundland Steve, you won't notice the difference

Keeley Hazel calendars.

 

[El Presidente]

Keeley Hazel calendars.

You can certainly pound away to those

 

[Safeway]

Over 94p now.

 

[driller]

maybe he could increase the national debt even more. sy perhaps 20,000 per head instead of the 17,500 perhead as he plans.

 

[Gritt23]

It's directly related to the lower interest rates in UK as opposed to the Euro-zone.

Personally, I'm happy with the lower mortgage payments thanks. A flip side of higher cost of foreign currency doesn't really affect me.

Good work Gordon.

 

[Gluteus Maximus]

I'm Fu*ked. I get paid in pounds in the UK - live in Denmark where I pay 50% income tax on my converted pounds and have to pay national insurance in the UK where it is 3% higher than Danish national insurance. Monthly pay packet has now fallen 25% in a year! In return my Danish house is now worth lots more £££ (except the house prices have also plummeted here, bollocks.)

 

[Safeway]

It's directly related to the lower interest rates in UK as opposed to the Euro-zone.

Personally, I'm happy with the lower mortgage payments thanks. A flip side of higher cost of foreign currency doesn't really affect me.

Good work Gordon.

As a tenant who likes to go away now and again, I'm definitely more

Winners and losers innit.

 

[larus]

It's directly related to the lower interest rates in UK as opposed to the Euro-zone.

Personally, I'm happy with the lower mortgage payments thanks. A flip side of higher cost of foreign currency doesn't really affect me.

Good work Gordon.

Perhaps it's also down to international investors thinking our country is f***ed.

If it was just down to interest rates, why has the pound fallen so far against the dollar? If the assumption is that the US economy is an a bad way, due to debt, credit-crunch etc, then Sterling should have got stronger here as their rates are now virtually 0%.

Simple fact is, Labour has done what it always does. It spends the lecacy of PRUDENCE from the previous Conservtive administrations, and once this goes, get's nto huge levels of debt before getting kicked inot the political wilderness.

Even when trying to adopt right-of-center policies, 'New' Labour still screw things up.

But, if you still say 'Well Done Gordon', I wonder what he would have to do to the country for you to say that he has to go??

 

[pasty]

Funnily enough, we're quite surprised at how inexpensive they are!

1. You are being sarcastic, in which case

2. You are being serious - in which case, where are these inexpensive deals?

 

[Dave the OAP]

but he's put an end to boom and bust... so everything must be going to be just fine... good old Gordon...

I am sensing you are not entirely happy with Gordon are you