Savings in the bank and Brexit

[Deleted User]

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 ...

molerat

£50K will still be worth £50K, what £50K will buy is another question.

AnotherJoe

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.

[Deleted User]

Nothing will happen.

Ignore the scare mongering by the press and the Blame Brexit Corporation

System

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.