Could we see a Sterling crisis?

masonic

VWPolecat said:

Parity or lower by the end of November if the grown ups do well in the US mid terms.  I predict 50 cents if we start looking down the gun barrel of a Labour government. We are a country of limited resources and an increasingly ill-educated and lazy workforce.   

Sounds like you've fallen for the propaganda hook, line and sinker

mlc2009

Nebulous2 said:

I've been reading some of Liz Truss' campaign promises / ideas today. Reverse the NI increase, fully transferable personal allowance by increasing the marriage allowance. 80k threshold for higher rate tax. Raise tax thresholds.  Scrap inheritance tax. 

A quarter of that on top of the energy support would see the pound achieve parity with the dollar before the end of this year. 

I can only assume the markets don't expect much of it to happen. The mini-budget will be interesting..... 

That is a lot of tax cuts. I wonder if she will increase the ISA limit. Hmm

sevenhills

VWPolecat said:

 I predict 50 cents if we start looking down the gun barrel of a Labour government.

Sounds like you've fallen for the propaganda hook, line and sinker

Thumbs_Up

What’s left in the country that we can sell to the Americans? Despite The New York Times daily diatribe against the monarchy the Americans always seem to be interested in our royal family, despite the best efforts of the left-wing British Journalist working for them.

Maybe we can flog the royal household proprieties? Should bring in a few quid.

Thumbs_Up

VWPolecat said:

 Labour government.

The Tories are the new socialist, ha ha, interesting to see what game Labour play.

masonic

Thumbs_Up said:

Maybe we can flog the royal household proprieties? Should bring in a few quid

One cannot put a price on proper etiquette

Thumbs_Up

masonic said:

Thumbs_Up said:

Maybe we can flog the royal household proprieties? Should bring in a few quid

One cannot put a price on proper etiquette

Did on purpose – just seeing who’s paying attention or maybe it was the wine!   (Properties)

Thumbs_Up

Since the wine has loosened my lips a bit let me say this.

I use to work in the Royal Household properties – in what capacity I really shouldn’t say. But let me tell you this, the people I meet were jolly nice and Buckingham Palace was never cold in the winter.

billy2shots

Thumbs_Up said:

What’s left in the country that we can sell to the Americans? Despite The New York Times daily diatribe against the monarchy the Americans always seem to be interested in our royal family, despite the best efforts of the left-wing British Journalist working for them.

Maybe we can flog the royal household proprieties? Should bring in a few quid.

We still have a fair few bridges that could be flogged off. 

Thumbs_Up

billy2shots said:

We still have a fair few bridges that could be flogged off. 

No, the American's have been upset with us since the London bridge debacle!