By the way lfc1971,
stewarty told about your support along with his during my enforced absence.

Thanks for that.

You don't know much did you vote for Brexit by chance?

But Farage said the Euro was failing...

Dr Crippen is right about QE.
Also, let us not forget that the BOE cut interest rates in half to 0.25% last August making the pound less attractive to foreign investors.
In effect, the BOE engineered the fall in the pound following Brexit.

Dr Crippen   
“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.”

A fair part of the weakness in the pound  and  the stock market rise can be attributed directly to consequences of Brexit.
It’s largely about uncertainty. We don’t know whether we will be able to get a favourable trade deal with the EU. There is some doubt about passporting in the city, which could have an enormous effect on our huge financial industry.
A significant part of the FTSE100 rise is down to overseas earnings, which when converted back to pounds at the lower rate, has a favourable effect on company earnings.

I think we will come out well in the long term from Brexit, but it could take some years before things pan out.

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lordnoise

lordnoise
21 Feb 17 10:22
Joined: 27 Jun 02
| Topic/replies: 1,849 | Blogger: lordnoise's blog
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.


I watched the same programme and found it odd why these mentioned supermarkets had all upped their prices yet Aldi and Lidls' prices haven't moved.

Now why is this, is it because they (tesco, waitrose, morrisons) are taking the p1ss or is it because Aldi and Lidl are somehow the only supermarkets not affecting by Brexit?

nobody takes anything seriously that dispatches puts out. just part of the failed project fear.

Food prices could drop by hundreds of pounds a year if tariffs are axed

Lamb chops, fresh prawns, wine, strawberries and honey are just some of the items that could see significant price decreases
FAMILY shopping bills could plummet after Britain leaves the EU, it was revealed yesterday.

Hundreds of pounds a year may be wiped off the cost of a household’s food and clothing, the study by Brexit campaign Leave Means Leave reports.

Savings would come as tariffs on a wide range of goods imported from outside Europe — also booze, electrical items and cars — are AXED.

The food and drink gains include tasty treats from lamb chops and fresh prawns to prosecco, wine, strawberries and honey. But the potential bonanza goes beyond grub.

John Longworth, of Leave Means Leave, said: “Britain will be able to secure free-trade deals with the rest of the world and get better prices for British families when they shop for food and drink, clothes, cars and electrical goods. The EU has been incompetent at securing free-trade deals with the rest of the world so Brexit offers a huge opportunity.”

Below we highlight the potential tariff-free savings on food and drink.

Only last week Brits were told that by the end of this year, the weekly food shop will be £5 dearer.

This is being blamed on the falling Pound and flooding in Spain. Leave Means Leave says this may all change when a new, global Britain is free to trade with non-EU countries without paying a premium.

There is a note of caution. Price cuts will depend on retailers passing the savings from import tariffs, which vary from product to product, on to shoppers.

And the EU could slap duty on their produce post-Brexit — but Mr Longworth believes Brits would then just buy more from outside Europe.

At least 35 countries are queuing for free-trade deals with post-Brexit Britain, it was revealed yesterday. They include the US, Australia, Brazil, Switzerland, New Zealand, Norway, Turkey and several Gulf states.

Jayne Adye, head of campaign Get Britain Out, said: “This destroys Project Fear. The UK will not be isolated and doesn’t need the EU’s so-called clout. We have our own clout and the world can see it.

“Trade deals tailored to our economy are now possible, rather than time-consuming compromises with EU states. Deals will be in the interests of the UK and our trade partners, rather than sacrifices to help Spanish tomato growers or facilitate visas for Romanians.”

https://www.thesun.co.uk/news/2900015/food-prices-could-drop-by-hundreds-of-pounds-a-year-if-tariffs-are-axed-after-brexit-anti-eu-campaigners-claim/

once we are free from the galactico corruptos of the EUSSR we will BOOM

LEAVING THE BUILDING

They must have hedged the Euro but eventually the pound euro hedge will end and they will then raise prices.

You could always blame Brexit for your situation, if that makes you feel any better?

''And ask not what your country can do for you, ask what you can do for your country.''

That was Jack Kennedy sounding off in 1961.

Thanks I feel a lot richer even though I'm skint

Breeding mad you are skint because you are useless.

However, "You come into this world with nothing, you leave this world with nothing"

You will be fine.

I'm not skint I was joking. I'm actually loaded

If that's the case, then I'm sure we're all happy for you Bm.

Man up, start earning some money and wasH behind your ears before you go to bed.

I might start worrying about the Remainers who still expect the worse case scenario but are too frightened to move to another EU country.

It must be worrying being so frightened all the time.