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Savings in the bank and Brexit
![[Deleted User]](https://us-noi.v-cdn.net/6031891/uploads/defaultavatar/nFA7H6UNOO0N5.jpg)
[Deleted User]
Posts: 0 Newbie
Just been pondering about my 50k in my bank account and a Brexit no deal. Would anything drastic happen to my money if there was a bad deal Brexit and the pound crashed ? I've savings in an ISA too ...
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£50K will still be worth £50K, what £50K will buy is another question.0
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Deleted_User wrote: »Just been pondering about my 50k in my bank account and a Brexit no deal. Would anything drastic happen to my money if there was a bad deal Brexit and the pound crashed ? I've savings in an ISA too ...
What happened to it when the Pound fell a couple of years back after the vote, and fell a few weeks back? The same things will happen. And to your ISA.0 -
Nothing will happen.
Ignore the scare mongering by the press and the Blame Brexit Corporation0 -
The pound has pretty much lost much of its 'value' already.
With a bit of luck, no deal means making some of it back from falling house prices.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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