The weaker pound should help exports so it could be a positive, at least for exporters and relayed businesses. From what I understand the Euro is the one that could completely disappear over time with the Quitxit vote in Italy scheduled for early Dec 4. Some pundits are saying this will be the end of EU, but then again they say that quite often.
I really hope it is the end of the eu,the sooner the better! For anyone selling up here in the next year will get a great exchange rate going back from peso to the pound. The pound has been over valued for years now anyway.
I agree and am always surprised to see the currency of a failing institution... the EU ... doing relatively so well. It means that when the balloon goes up it will go very high!
So very correct .... even without Brexit the pound was due to fall. The UK is a broken nation. It is very true that assets in Phil will give a good return when sold and converted to sterling BUT who would want to return to the UK ???
Ahh! now there is a question but any one having payments from the UK will loose where as any one that relies solely on Income from the PI will be at an advantage if it falls any Further. Some may Rue the Day they say Bye Bye Europe
