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I'm not sure what I expected when I left the polling station in June but can someone let me know in hard cash terms when a fairly ordinary bloke like me/us will see a monetary benefit from Brexit ? At the moment in my world the tally stands like this :
1. Summer holiday cost gone up
2. Cost of holiday money gone up
3. Petrol/diesel price s gone up
4. Prices in supermarkets starting to rise
Be good to hear from anyone who feels they've benefited financially yet.
1. Summer holiday cost gone up
2. Cost of holiday money gone up
3. Petrol/diesel price s gone up
4. Prices in supermarkets starting to rise
Be good to hear from anyone who feels they've benefited financially yet.
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Replies: 71
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2035.
next question |
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Don't prices generally rise from time to time?
BTW we aint out yet. |
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Share prices are at record levels.....so your pension is worth more
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Much more easy to export so more jobs are being created so if you lost your job you could find another job more easily
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Don't go on holiday abroad…… What are you a traitor!…… Let's keep your money in UK
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LOL - not quite ready for my pension yet OR for holidays in Morecambe ...
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Decent weather can be Found in Jaywick
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Tunisia and Egypt very cheap at the moment.
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26 October 2013. That is the last time the GBP/Euro rate was what it is today.
On that day oil was $100 a barrel. Today it is $53. So to answer your question in terms you might understand: you are already richer than you were in October 2013. |
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it`s ok, you can leave.
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are things better in France or Germany or Spain? , I don`t know.
I went to Turkey once and can say its not the place for me. And Poland, very boring. |
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I'm not sure I feel richer than I did 2013 Shab and while barrels of oil might be cheaper now litres of it at my local garage certainly are not.
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the average middle and working class person in Britain were richer 30 years ago than they are now, that's why we are leaving
will things be any better now we are leaving? no one knows, but it`s unlikely. |
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lfc1971
18 Feb 17 10:50 Joined: 06 Nov 11 | Topic/replies: 11,611 | Blogger: lfc1971's blog the average middle and working class person in Britain were richer 30 years ago than they are now, that's why we are leaving will things be any better now we are leaving? no one knows, but it`s unlikely. Too true, lfc. That's why I couldn't believe that all those voting to stay believed the forecasts and dire warnings about what would happen. Nobody knew and now they're changing their forecasts. If they had another referendum then I think (don't know obviously) that it would be a lot bigger than 52% out, especially after Blair's intervention. Con them once with the WMD fear, but you won't con them twice, Tony. |
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What sort of person would judge Brexit's success on weekly or monthly currency movements. (other than United Biscuits and he is only fishing)
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cannot measure quality of life
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you only feel it..and we needed to feel change as inside Europe the feeling is not nice. That's why our friends across Europe will also vote for change this year
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smartie,
the whole thing will go t!ts up before the EU allow the plebs to have their say ... Greece, Italian Banks on the horizon. Not sure if Dutch and French electorate will totally do the right thing, but what'll sink it, well in Bill Clinton's immortal words ... "I did not have sex with that woman", err, no "it's the economy, stupid" It's the economy that will sink the EU. NAP |
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OP living with his head in the sands.
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On this site of all sites 'show me the money' should be the question when it comes to anything including Brexit. On one hand we've negative, moaning remainers while on the other there are those that feel good having gotten control of our laws and immigration policy back.
Trouble is that you cant spend feelings. Like I say let me know if/when you feel you've gained or lost financially from the Brexit vote. |
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Shame you obsessed with money, not about more important factors.
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Listened to politicians too long IS - not interested anymore beyond basic human rights.
Show me the money! |
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I am sure that the pound's demise against the euro and the dollar will have been noted by would-be illegal immigrants and that the UK has, consequently, become a less sought after final destination for them.
Quids-In all round imo. |
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It's like this, lordnoise.
Since June 23rd, sterling has declined 12 and 20% against the Euro and the USD. The consequence on this site is that your Betfair balance, if it is in sterling, is worth 12-20% less than others playing against you in Euros or Dollars. They can call you when you go all-in, with money to spare; you can't. And just as you are now their poor relation on this exchange, so it is in real life. All your sterling denominated assets, cash, salary, house, pension, have been devalued along with the plunging currency, caused by the Brexit vote. For sure you are not poorer by 12/20% (three quarters of trade is internal) but you are certainly poorer. Someone will come back with some advice to look at a ten-year graph, as if fear of Brexit had any bearing on the exchange rate before 2015. They'll probably try to tell you that the graph has some hidden message that you need to understand. Tell them that you have been looking at graphs on this site for fifteen years and there's no secret to them. The next thing they'll tell you is that the decline in sterling was an "overdue correction," and that the pound has now found its true level. Anyone who says something "was" overvalued is a bull****, ask them to post their bets, ta. Next thing they'll say is that currencies always fluctuate and the £ will soon rise; again, post your bets, ta. Lastly, they'll say Brexit is not about money. |
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Thanks for sharing IB. Sounds like your biscuit companies about to go bust however I'm a simple biscuit eater and at the moment I can cope with the odd pence on a packet as long as its temporary ...
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Thanks for the concern, lordnoise, my family will always be all right. There are steps one can take to mitigate the damage.
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From the Channel 4 Despatches programme last night (warning - probably remainers)
Dispatches found price rises of more than 5% across a range of essential food categories in our leading supermarkets In Tesco, the price of flour rose by 6.1% In Sainsbury’s, bags of frozen vegetables rose by 5.5% In Asda, bottles of chilled juice soared by 6.6% In Morrison’s, tubs of ice cream rose by 8.2% And it’s not just imported foods that have been affected by the fall in the pound. Some of the highest price rises have been on dairy foods, butter, cheese and milk – which are produced right here in the UK by British dairy farmers. The Clothier family have been making cheese for 200 years. The milk used in its cheddar comes from British farmers – but because their milk is bought and sold around the world, the price is actually set on the international market. So when the value of the pound fell, the price of milk rose. And as the cost of products is frequently changing consumers may not necessarily notice when prices go up. To give an example, last month, Tesco put 37 of its beers onto multi-deal promotions. But what shoppers might not have noticed is that the price of the beer when bought individually had gone up by an average of 16% a bottle. |
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I wonder if it has ever happened before that a country has voted to impoverish a large part of their population
to stop a few immigrants coming in and send a message to a large organization they don't like the way they run things. |
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can someone let me know in hard cash terms when a fairly ordinary bloke like me/us will see a monetary benefit from Brexit ?
We haven't left the EU yet. In fact we can't possible leave for another two years. That will be nearly three years since the referendum vote. Do people seriously think that merely the expectation of us coming out of the EU, could affect the value of the pound to the extent that we are seeing? The weakness in the pound was ingrained years before the Brexit vote, and was due to the UK's massive programmes of QE. Which is another form of printing money, devaluation, call it what you wish. Inflation is another consequence of QE, and that again can be blamed on devaluation. The stock market doesn't seem to mind the UK coming out of the EU. In fact it took off straight after the result of the vote was announced. So don't fall for the remoaners propaganda and blame Brexit for the fall in the pound. Get real, the culprit was QE, and the pound has simply carried on along the same route it was on before the referendum was even announced. |
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And here's another fact that people should be aware of.
The weakness in the pound is highly desirable for the economy in the current climate. If the pound wasn't weak. The people in charge of these matters would take steps to ensure that it would be. |
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The value of the pound is what international markets put on the U.K. so of course immediately after Brexit the pound
dropped by 15% against most world currencies as we will become much poorer and the outlook is bleak it's not a long term thing when currency drops overnight it's a resetting of the U.K.'s value in the World. |
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control of immigration is the only way to improve living standards.
average wages have fallen and will continue to fall throughout Europe. We should not pay them any money for future projects either , they will have to scrap those if they can't get by without Britain. |
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Rubbish!, blaming immigration for the ills of this country is simply stupid.
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No doubt educated and high minded stuff which I'll try and remember when I get to the check out at the end the family shop this weekend
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Don't worry about the value of the pound in relation to the US dollar or euros or whichever currency china has
It's irrelevant to the individual within those countries |
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Brexiters seem happy to pay higher prices, I just don't get it maybe they know something my
wallet doesn't! |
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Is the weekly shop more costly in China than Britain? I don't know
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Is it more costly in America ? I don't know
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Is it more costly in France ? I don't know
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