All those who think sterling will fall every time there is no progress on a Brexit deal need to think again.
Over the last month of reports of no progress in talks sterling has risen by 3% against the dollar and 2% against the Euro. Over the last year of talks going nowhere sterling is now 10% higher against the dollar and 2% higher against the Euro.
So why no rush by the pro Remain forces to express pleasure, when they are so ready to rush out misleading releases wrongly blaming Brexit every time sterling dips?
August 30, 2020
From Ā£1.64 to Ā£1.11 in twenty years – wonderful achievement.
August 30, 2020
All whilst we were in your EU empire, too, Margaret.
August 30, 2020
Yes indeed. We have benefitted greatly.
August 30, 2020
Factually false again, M H. You have been told before but prefer just to repeat your false news
August 30, 2020
Jiminyjim
What is?
August 31, 2020
Jimmyjim
the pound has fallen over a very long period,, compared to EURO and US$, so please check your facts. Which I am unfortunately, aware , you are not very good at in the past
August 30, 2020
The pound has been lower against the Euro – and that was before the referendum.
September 1, 2020
Sea Warrior
thank you but that is not really realted to the historical answer I gave.
August 31, 2020
Yes, the USD has fallen markedly over the last few months, against the euro and other main currencies – Sterling reflects this.
It’s still around 90p for a euro though, down a little, but remember that it would have been 52p in 2004.
These movements of late are not of major significance.
August 31, 2020
No, Martin, the Euro was not 52p in 2004 or anything like, it was 68p average, with only a small deviation. The main fall in GBP vs Euro was around 2008 (68p avg in 2007 to 89p avg in 2009) due to Labour’s financial crash. Figures from Statista/ECB.
August 31, 2020
Thank you Nick.
A normally reliable site failed on that point – yes, Sterling’s best was in May 2000 at around 1.70 euros.
August 30, 2020
JR, You already know why there is no rush by Remains to express pleasure – they want Brexit Britain to fail. They won’t lend a hand to promote their own country. Instead they revel in any set back, and deny any success.
Indeed Andy believes his own propaganda so much he has constructed a fantasy world where our economy tanks because of Leave; all the 17.4m angry Tory pensioners are dead; we crawl on our knees to the EU begging to be let back in; and Brexit politicians such as Farage, Hannan, etc, are jailed after show trials by “young people”.
August 30, 2020
Thought for the day ; In 50 years time will the pound sterling still exist ? In 50 years
time will the Euro still exist ?
August 30, 2020
Jacey, All these currencies – GBP, Euro, Dollar, etc, are fiat. And they’re all pretty much the same thing. In 50 years time we’re likely to have a world currency – also fiat – and all of us will be chipped like dogs and only able to buy and sell if we are.
August 30, 2020
@Jacey: In 50 years, both might have dissapeared but I won’t be around then.
For the moment, the euro is the world’s second reserve currency, so there must be some confidence in it (outside Britain).
August 30, 2020
@ Peter van LEEUWEN – those with the confidence are those who think they will be given Deutschemarks come the day. š
August 30, 2020
šš yes! All those in Africa faced with their āsingle currencyā – the Afro prefer the āEuroā.
Think that keeping the Euro high makes Germany pay for a few things – It cost little to keep it high!
August 31, 2020
Yes, the success story at the moment is the euro, up from about $1.1o to approaching $1.20 in just a few months.
August 30, 2020
Let’s face it, Pro-Remain will criticise Brexit both if sterling falls (using this is a barometer for the claim that the UK has somehow lost worth and status by leaving the EU) and do exactly the same if it rises (this time on the grounds that it must surely spell doom for our exports and increase our reliance on imports from the EU).
It’s a bit like house prices in the sense that you can always find an excuse for any significant movement heralding bad news, whether this should involve a rise or a fall.
Naturally Pro-Remain will look to highlight the less sanguine angle for any such news as part of their mission to play “we the aggrieved”.
August 30, 2020
This is precisely what Europhobes did for forty years while we were in the EU and its predecessors.
Every bit of bad economic news was Europeās fault. Every good bit of economic news came despite Europe.
There is precisely zero doubt that, overall, Brexit will cause economic damage. There may be good bits of economic news from time to time, despite Brexit. But we know, overall, it harms our country and its people. And none of you can explain why harming your country and its people is patriotic or anything other than foolish.
August 30, 2020
And EU fans said every bit of poor economic news was due to domestic policies and evrry good bit of economic news was due to the effects of being in the EU
August 31, 2020
Edward 2
no sources and no quotes the standard is really falling
August 31, 2020
If only you followed your own advice bill.
August 31, 2020
Andy said: “There is precisely zero doubt that, overall, Brexit will cause economic damage.” Precisely?? Zero?? Wherever do you get the evidence for such a didactic statement?
If Brexit will indubitably cause our country economic damage why aren’t the other (independent of the EU) countries clamouring to join up? The answer is because you’ve just made it up. And your fake precision shows how desperate you are.
And no, neither I, nor any other sensible eurosceptic I read, blamed the EU for what it did not do.
August 30, 2020
Indeed but it will fall if we have idiotic economic policies like those floated by the Treasury. These moronic suggested tax rises and a higher risk of socialist taking over in four years time. Merely floating the idea of increasing these taxes from their (already absurdly high tax rates) is hugely damaging. It shows that Sunak is another tax borrow and piss down the drain fool as one has come to expect of PPE Oxon people.
Capital gains tax up to 40%! (it is already 28% for many sales and this is often 28% of profits that are not even real profits without inflation indexation). It would give people and businesses less to reinvest damaging the economy, jobs, wages, productivity and deterring investment in the UK thus damaging the future tax base,
Increasing corporation tax gives business less to invest in capital equipment, creating new jobs and for expansion again it deters investment and damages productivity.
Pension mugging is idiotic too. Brown, Osborne and Hammond have already largely destroyed private UK pensions. The only pensions than need addressing are the bloated state sector ones for the largely parasitic sector.
All these tax increase would also reduce the tax take of other taxes like Stamp Duty, VAT and income tax. Where is the TEA partly we are Taxed Enough Already – indeed taxed far too much already.
August 30, 2020
Also as we have come to expect of nearly all recent Labour and Conservative Chancellors. They seem to think their job as one of endlessly raising more taxes for governments to waste (and making the tax code more and more complex and idiotic another tax in itself). Their real job should be to stop this endless government waste and growth that is suffocating the economy and real jobs so badly. Get the state back to doing those rather few things it can do better than the private sector.
August 30, 2020
Rishi was chosen to be a media darling and possible future PM from the outset.
Of course, Gordon Brown also had a long spell of favourable coverage despite selling off the gold reserves and destroying pensions. He also benefitted from a victim hood line that he was being denied the prime ministers job by Tony Blair failing to keep a promise. It was only an unguarded remark to Gillian Duffy that did for Brown.
Rishi will destroy those who tried to be prudent. Capital gains tax and inheritance tax raids on their assets are highly likely. Elites will avoid these measures as is always the case.
Only two posts out of twenty two in the first tranche Lifelogic. Thatās less than ten percent. While you do refer to PPE graduates, there is no mention at all of greencrap(sic).
Could do better.
August 30, 2020
Quite right green crap is indeed yet another idiotic burden on the productive and a great way to destroy or export jobs and depress the economy and tax base. Will freezing pensioners to death. Several thousands more deaths a month in winter than summer.
August 31, 2020
Nowadays all policy is inspired by the globalists who seem to have our government ministers and civil service by the balls. Surely no-one could create such policies of their own free will?
August 30, 2020
Lifelogic, What you say is true. That’s because Tory politicians, in general, are consumed by anxiety, rather than being confident in their own world view. They dare not do what they know is right.
August 30, 2020
No focus on Brexit.
Inflation expectations in the US, virus expectations and money printing in the Eurozone.
I think it’s accepted that in a short term minus 10% GDP environment, plus or minus a smidgen due to Brexit is lost in the noise.
Move on. Look at real issues.
August 30, 2020
There’s still a large contigent of the establishment who want to keep attached to the EU.
There is still time for an 11th hour capitulation on state aid, lpf and fishing.
Stand firm John the public won’t stand another betrayal.
August 30, 2020
Of course the public will stand another betrayal. We love betrayal. You keep voting Tory. You must love being betrayed on immigration all the time.
August 31, 2020
The voters keep getting hit by a stun-gun. Trouble is they come round, and forget what happened, ready for being shot yet again.
August 31, 2020
Mike W, I can assure you the Tory party does not own my vote. Nor millions of others. The Tories know what their core support is: 9%, only just over a year ago. Labour has just lost dozens of “red wall” constituencies.
Our country sells itself to the world as a beacon of stability and democracy. It is startling, and shameful, that Remains got within an inch of overturning a legal national vote by using corruption, deceit, and intimidation.
The experience of the last 4 years will last for decades. And one thing that some within the Tory party recognise is that cheating on the voter is not working any more. So we do expect to Leave the EU fully; we do expect immigration to reduce towards zero; we do want rioters and thugs locked up and not knelt before. Any Tory who thinks it’s business as usual needs to wake up.
August 30, 2020
Yes there view was tosh and indeed never understood the benefits or misled an unknowing public.
Making exports less competitive and reducing value of dollar earnings, dividends etc the last thing we need but the days of pulling interest rate levers are long gone. If the chancellor raises taxes, reducing demand in a low growth economy and the pound rises further, it will be even more detrimental.
August 30, 2020
Surely the Ā£ has not risen, just the $ etc. has fallen. The Ā£ in your pocket has not increased in value, probably fallen in these times !
August 30, 2020
I do suppose American chicken would be a little cheaper, if shopkeepers adjusted their prices?
August 30, 2020
Otto, You prefer UK Halal chicken instead? Each to his own.
August 30, 2020
Or European chicken where 33,000 people die of food poisoning every year?
August 31, 2020
Lynn Atkinson
And how many die in the US?
August 31, 2020
No facts no sources as usual bill.
August 31, 2020
Bill B, About 3000 die a year in the USA from all food poisoning (c600 from poultry), according to the CDC. You could look that up yourself, of course.
August 31, 2020
Bill hereās a tip. Before you ask a question, make sure the answer is not going to make a fool of you. šš
August 30, 2020
It is just more choice Otto.
Buy it if you wishl
August 30, 2020
What is this āpro Remainā nonsense? WE HAVE LEFT. Whatever happens now, good or bad, is NOTHING to do with the EU, everything to do with the UK. Start accepting responsibility and stop inventing fantasy āRemainersā to shift blame on to
August 30, 2020
Carlo, What is this “WE HAVE LEFT” nonsense? You think that by capitalising, it makes it true? The only thing we’ve “left” is the EU treaties (TEU and TFEU) but we immediately signed up to the WA treaty instead which continues EU control over the UK.
Why do you suppose we cannot sign any trade deal until 1st January 2021? Why do you think we still have to obey all EU laws? Why do you accept that the EU still controls UK fishing grounds? Why is the ECJ the highest court in the land? That’s right – because we haven’t actually left yet.
August 30, 2020
correct
August 30, 2020
Carlo Nash, You are Andy, and I demand my Ā£5.
August 30, 2020
I get a sense of deja vu with this post.
A rhetorical question, but āRemain forcesā are unlikely to āexpress pleasureā in something that undermines their outlook.
Some good news for Londoners. TfL trains now go to Reading on the new Elizabeth Line and are free to those who have a Freedon Pass (cue indignation from London haters).
The Freedom pass does not work automatically at station barriers and staff have to open the gate. Worse still, there are no toilets on the trains. The excuse given is that it would cut passenger numbers by 600 an hour and there are toilets at some stations.
This is nonsense. Station toilets are often closed – particularly in the evenings. A journey of that length should provide all the necessary facilities.
A further point is that you have to make sure to board a TfL service. GWR trains to and from Reading are not free.
Still -Good news that Freedom Pass now goes beyond Zone6 West Drayton.
August 30, 2020
Everything about Brexit, the rise and fall of our longest lasting coinage and pound sterling is very much deja vous. Listening to the lovely Dr Lucy Worsley on the box last evening, she aligned Brexit to the protestant / catholic split in the 16th century between Europe and England . Henrys children caused in/ out type Brexits , state/church splits .. which as we know are all solely about power .
So back home have things changed .. essentially no , but the players are all different and we aim to stop the antithesis of peaceful living, ideologies which exclude thought and are hooked on faith alone. The trend is to talk about evidence , but let us not falsify evidence . The pseudo type of ‘he said this, she said this ‘ evidence will only get us groups of those who speak untruths for the sake of the pot which fails to melt down radicalism.
August 30, 2020
Many have never lived elsewhere so do not appreciate the UK for what it is and what it offers, few will ever make the choice to move and live in any Country in the EU, which is surprising given they say they prefer most things EU.
Finding fault gives them something to do John.
All many ever want to do is criticise, its so easy and takes little effort, but to be fair the Government of late has made it easy for them given so many U turns.
August 30, 2020
There are plenty of empty dinghies at Dover for the many Jeremiah’s on here for the return journey. Will they be as welcomed by the French as the departees were when escorted out of French territorial waters?
August 30, 2020
Sir John,
Sterling has not risen, the US$ has fallen, look at the US$ index, US.DXY.
Stop underestimating your readership.
August 30, 2020
Currencies will always be going up and down against each other, also this being a particularly difficult year for all concerned it will be after the US November election and after Brexit final transition date 31st December before we might know how things are really likely to be. Chances are that Covid will also drag on for some time afterwards to complicate the murky picture so I wouldn’t be so quick yet at grabbing credit for our good fortune of being independent ex-brexit or anything else for that matter
August 30, 2020
Great news – but don’t expect the remoaners to appreciate it — they only deal in bad news
August 30, 2020
Ot, but really – from the DT
āHistoric tax grab will see Treasury push for a raid on capital gains, pensions, internet sales, fuel and inheritanceā
!!
August 30, 2020
I would happily see a tax on internet sales. But this must be offset by a reduction in business rates which leaves the take, at worst, the same.
The other taxes suggested are insane. I did not ask the Chancellor and government to shut down the country to politically save the NHS. I do not expect to pay for it. Print it do not raise it through extra taxes.
August 30, 2020
There were good arguments on both sides of the referendum debate. Having now decided to leave, and having re-affirmed that decision in the general election, it is essential either that there is a sensible FTA similar to those signed between other sovereign states, or that the U.K. moves to WTO terms and weāll just have to see how it goes. If Continuity Remain are correct, and WTO terms means economic disaster for the U.K., with dis-investment, recession and clear underperformance vs the eurozone then we will have to go back with our tails between our legs, run up the white flag and accept full euro-federalism, euro and all. Perhaps Starmer will stand on such a platform in 2024.
If, as is more likely, WTO terms donāt make much difference one way or the other, then the success of otherwise of post-Brexit Britain will all be down to policy decisions made here. That being the case, I suggest the Conservatives focus relentlessly on the need for the U.K. to be super-competitive. The talk of huge tax hikes on business and investment is not a good sign. We need to tax the things we want less of, not the things we want more of.
August 30, 2020
Richard1, A first class assessment. Especially: “WTO terms [w]onāt make much difference one way or the other, [so] the success or otherwise of post-Brexit Britain will all be down to policy decisions made here”.
August 30, 2020
Hmm, I thought we were talking about the Union.
August 30, 2020
Great question, Sir John! The truth about sterling will help restore healthy travel and hospitality to the U.K.
August 30, 2020
Good news, be it only a very modest increase.
In my view too small to suggest that the financial markets are hoping for a no-deal.
After the referendum devaluation, the pound hasn’t moved much.
August 30, 2020
PvL, I realise one of your specialities is damning by faint praise, but one of the objectives of Tory chancellors 2010-2016 was to devalue the Ā£GBP. So now we are where previous governments wanted us to be. Let us hope they knew what they were doing, but the reality is they – the “experts” – probably didn’t. Going by the example of their inaccurate and pathetic predictions of Brexit doom, that is.
August 30, 2020
After the worst OECD country performance (according to the objective trading economics . com website the UK Year on Year GDP fell 21.70% !) I really don’t mind some good news for the UK.
August 30, 2020
Oops! I see that Spain now scores -22.10%, so let’s change OECD for G7.
August 30, 2020
Hmm. I’ll think with my investment strategy of internationalising my portfolio, to guard against the FTSE’s underperformance against other indices and Sterling’s long-term decline. I’ll stick with that strategy until this Conservative government takes a serious interest in our economic performance. Spurring the development of manufacturing capability would be a good start.
August 30, 2020
Very sensible.
I recently read that S&P500 has a bit more than 20% of its holdings in tech companies, the FTSE100 less than 2%. Given the push that Covid-19 has given to everything computer-related it is not surprising that the US indices after the initial drop in March have recovered and are as high as ever and that the main UK one after a big fall mid-March has not moved much in almost six months. And that might be more relevant than Sir Johnās Sunday musings.
August 30, 2020
And the FTSE 100!is the same now as it was in 1995
August 31, 2020
Sorry, 1998.
August 30, 2020
Could someone in āGovernmentā kindly remove those presently engaged in destroying the British Library and deliver it into safe hands?
August 30, 2020
Yes the British library is the custodian of some of our treasured manuscripts, documents and literature, it would be negligence of the Government to leave them in the hands of people who don’t care for us, our civilisation, culture or history.
August 30, 2020
Very glad Remainers have been proved wrong.
Can we have our liberty back now please?
August 30, 2020
Time to reset – and instruct the banks to issue 2019 dividend
Investment needs a reward otherwise no one will invest
August 31, 2020
Good point. Some regulators over-stepped the bounds of their authority in leaning on the likes of insurers. Dividends are INCOME for a lot of people. The Commons needs to investigate the dividend-suppressing actions.
August 30, 2020
According to a report in today’s Mail Liz Truss is asked to ‘beef up toothless new trade body’ to avoid selling out British farmers in the rush to secure post Brexit deals as it offers limited protection against cheap, low quality food imports flooding the country.
Brexit keeps on giving!
August 30, 2020
Indeed – she has successfully negotiated a trade deal with Japan which is worse than the one we had as EU members.
Except – hard cheese producers will now get their tariffs refunded by the British government.
We exported about Ā£100,000 of hard cheese to Japan.
This is so far the only benefit of Brexit.
August 31, 2020
Hard cheese deal: particularly interesting given the less than prevalent presence of cheese in most South Asian (including Japanese) cuisine.
August 31, 2020
Give it time, the deals will come. After all, in the entire history of the EU they have only managed 11 proper deals, not the 100 they claim.
August 31, 2020
Trade deals (TD) in force: 39.
TD provisionally agreed: 11 including 4 with groups of countries: Eastern & S.African States, Central America, Pacific States, S.African Development Community Members.
TD finalized (not signed): West Africa (10 countries), East Africa (5 countries), MercoSur (4 countries).
ec.europa.eu
August 31, 2020
And still international trade just carries on.
September 1, 2020
Graham 1946,
thay actually have deals seventy but you would of course need to look it up, and I know this is very much to ask , for a oyung man like you ?
August 30, 2020
No one forces people to buy lower quality food, thereās nothing stopping people buying whatever quality they choose, itās how consumer choice drives markets
August 30, 2020
I remember the flood of cheap, grim, green French apples, do you?
However nobody bought them, they were left to rot, probably fed to pigs, and imports soon stopped.
British consumers won’t buy poor quality dumped EU food.
August 30, 2020
“BrexIt keeps on giving”
Trade deals with Japan and Australia in the pipeline we are informed, others also on the fast burner with talks scheduled.
Agree what’s not to like. !
August 30, 2020
Its just a shame that we’ll end up with a EU deal
August 31, 2020
Glen
Let us just wait and see shall we.
Agree under May and Robbins no point in ever leaving so bad was the surrender, but at least at the moment we are making the right noises.
August 30, 2020
The Fed’s recent announcement that it will seek to achieve an average inflation rate of 2% over periods of time (enabling it for the first time to run inflation higher than this if that offsets earlier periods with inflation below 2%) is the most convincing explanation of these shifts in the transatlantic exchange rate.
August 30, 2020
Sir John
I believe it’s called collateral damage or friendly fire but your colleges in government are like drunken drivers of tanks mowing down small businesses in all directions while firing Ā£50 notes at the same time. Not a good recipe for re-election with Farage & his Angry Brigade watching this debacle from the side lines. And don’t count on him & his supporters standing aside a second time for Johnson, if he’s still there when the election comes around..
August 30, 2020
I wouldnāt count on there being another election. Globalists donāt do democracy.
We should not have trusted Boris with our safety and freedom.
Why do they want all this power, if not in order to take more?
I feel as if I have been taken prisoner.
August 30, 2020
Sterling might be rising but covid-19 deaths arenāt
UK pop.68m – UK deaths 1
August 30, 2020
Can someone have word with the BBC
Tonights headline is about the increase in covid-19 infestions at 1,715 and not a single word about the single (1) recored death
This isn’t just spin its propaganda
August 31, 2020
The reduction in the death-toll is very good news – but don’t forget that some of those surviving infections are in for a long period of recuperation and some might never fully recover.
August 31, 2020
and for the majority the recovery is 14 days with like mild cold/flu
August 30, 2020
Itās becoming more and more certain that we will achieve the clean Brexit we all voted for. The closer we get, the higher the Ā£ in spite of the unprecedented printing of money for the CV19 Cessation.
My English champagne Remains on ice, thank God for Cummings, Frost and the Glorious few in the House who stood firm through those dangerous, treacherous years, and somehow got us through. JR a rock, we owe him everything. And Thank God for Jeremy Corbyn, who delivered Labour votes against the Remainer Coup.
When this story is written, the heroes will be the extraordinary āordinaryā people of Britain, who voted 7 times for Brexit!
August 30, 2020
hear hear
August 31, 2020
Interesting, specially in view of todayās (31/08/2020) item āGlobal economy unlikely to benefit from falling dollarā in the FT. But what do these journalists know that Lynn does not?
August 31, 2020
The FT certainly knows nothing these days. Period.
August 31, 2020
Lynn Atkinson
Please, do give me a call and I am happy to assist you i your understanding of basic economics
August 31, 2020
I can well believe it would be basic economics coming from you.
August 31, 2020
But one has to start with Economics 101 or Economics for Dummies before proceeding further… One would be a bad teacher if one cannot adapt to the level of their pupils. Donāt you know that?
August 31, 2020
Well that touched a nerve.
Even old hef waded in with his old teacher cynical rant.
August 31, 2020
Edward2
Lynn needs to start somewhere, you really do not have enough to do, do you ?
August 31, 2020
I’ve got all I require thanks bill.
August 30, 2020
In October 2017 the pound was just over 2USD falling to 1.4 by 2009 . The UK saw steady improvement under the stewardship of George Osborne and by July 2014 stood at 1.71 USD.
From that point unease at the self harming direction of UK politics began to Pull the Pound down and on every occasion Brexit became more likely it dropped getting down to 1.25 USD in 2017 . Most of the Brexit calamity was priced in by the time of the referendum itself.
Its very hard to know what a small movement here and there may mean under the current circumstances, 1,34 USD is it ? Fantastic !
Talks seem set to fail and the consequences will be severe but given the scale of economic pain the hope may be that neither side will dare inflict more agony on their country. I think this is a misjudgement personally- Nothing about this government convinces me they can be trusted to behave with either competence or care. I fear many Brexit voters will pay the same high price that the gullible so often do.
August 30, 2020
Had we voted Remain in 2016 do you seriously think we’d have the pound today ?
August 31, 2020
Yes obviously, as first Gordon Brown then David Cameron had confirmed that the UK would not enter the euro area. And this had been fully accepted by the EU and further confirmed in the text āOpt Out from Closer Unionā that the PM brought back from Brussels in February 2016.
What is very interesting in your question is that it denotes either an ignorance, a forgetfulness, or a complete misunderstanding of things EU-related.
August 31, 2020
Had remain won in 2016 it would been presented as not only a ringing endorsement of our membership of the EU but it would have taken as a signal for the UK to be a more involved member.
At the heart of Europe
At the top table
Good EU members.
In my opinion the supporters of the EU in government and media would have restated their campaign for taking the UK into the Eurozone.
August 31, 2020
Conjecture, conjecture.
August 31, 2020
Edward 2
You are contradicting yourself . A few days ago you asked for me to stop asking for references now you are saying I lack them, when asking a question.
Can you make up your mind?
there is a good felllow.
August 31, 2020
opinion opinion
August 31, 2020
bill
It is about you not me.
I give just my opinions.
This is not a University essay site where you have to use Harvard references and give appendices with links to sites to prove your argument is correct.
You just dislike my opinions.
Which is fine.
But continually demanding that I provide you with all the data and sources and facts and links when you have never ever ever provided any yourself is quite simply ridiculous.
September 1, 2020
Edward 2
you are contradicting yourself again, when your opinions are substantitae we are grateful but it does not happen very often.
There is scope for significant improvements.
thank you
September 1, 2020
I am not contradicting myself bill.
You keep coming on and demanding from me and others that we provide you with facts figures links data and sources.
And when you post yourself you rarely if ever produce any of these items yourself.
The contradiction is therefore all yours.
August 30, 2020
Piers Corbyn gets a Ā£10k fine for protesting against lockdown.
BLM protesters get nothing.
Just what is going on ?
August 31, 2020
BLM is controlled opposition.
Zorro
August 31, 2020
I like the fact that sterling is floating freely but I would like to know if our balance of payments is still in deficit, or has it moved into the black.
August 31, 2020
2020Q1 minus Ā£21,146m. (30/06/2020) on ons.gov.uk Look for āBalance of Paymentsā.
August 31, 2020
Lindsay Macdougall
Just look it up it is not that difficualt and the answer is No
August 31, 2020
Yet you don’t look up quite simple things yourself, Bill. Shouldn’t you do what you advise others?
August 31, 2020
NIckC
We were talking about a historical perspective which I have already answered under this heading, so please do me the favour and read the rest , before you make a judgement.
thank you for your patience and benevolence
August 31, 2020
Sterlings real value will be governed by the path the UK government takes after we have left the EU in 2021. It is not so much whether we have a deal with the EU or not, it is the perception of where we are heading. Remember Sterling is a gambling commodity so perception is most important. Our trade negotiator with the rest of the World and our Chancellor have a very real challenge, especially as Covid will be hovering worldwide over the whole process. I think it would help if our Health and Education ministries ceased trying to micro manage and left more responsibility in the hands of those who have to work through the fluctuating decision msking.
August 31, 2020
The description of ‘No progress’ on a Brexit deal is often made by misfits.
Refusing to accept the EU’s expectations, and their recurring demands for our being subservient to their ways, is more like progress toward securing our enduring independence.
As some punk wrote on a banner at the Silver Jubilee: Queen Rules OK !
August 31, 2020
“So why no rush by the pro Remain forces”
Because they are truly the enemy within and will stop at nothing to do us harm.
August 31, 2020
Sir Jr,
the pound stood at US$ 1.32 and EURO 1,50 back in 2016 and this is the sort of time period to look at the trends in currencies. So, on that basis I will not even use your time or my time to comment on your so-called Remainer argument because I know you know better. Poor
August 31, 2020
We have left the EU.
We’re all “Remainers” now.
We all Remain outside the EU. Thank Heavens!
August 31, 2020
BetterTimesAhead
I did not use that terminology our host did and I disagree with you
thank you
August 31, 2020
Edward2
Lynn needs to start somewhere, you really do not have enough to do, do you ?
August 31, 2020
please see above bill
you are in the wrong place again