Brexit thread - what happens next

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StriderX said:
Its not difficult to buy British made produce, spanish wine and german beer arent "necessities"
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It's very hard to buy brittish made produce, especially since even the few british made produce a ailible are made with imported materials.

Besides I don't remember being told by Leave that we would enter a period of rationing less than three weeks after the vote. What next, make do and mend?
 
Stretch said:
It's very hard to buy brittish made produce, especially since even the few british made produce a ailible are made with imported materials.

Besides I don't remember being told by Leave that we would enter a period of rationing less than three weeks after the vote. What next, make do and mend?
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We still make pigs and bacon, thats all we need.
 
Jono8 said:
supermarket stuff might not be so bad if a lot of the produce is sourced form the UK.
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The UK doesn't source that much of its produce from the UK though. Vegetable prices are some of the most tied to sterling value, for example. I imagine this is less so during this part of the year when local growers are producing most but, on the other hand, British producers are already reporting difficulties recruiting enough staff to pick their produce* and that may push prices up on UK produce as well.

* - Because the falling pound and increased perception that the UK is an unwelcoming place are encouraging Eastern Europeans to look for work elsewhere.
 
In this weird new world, we may see Sainsburys as becoming one of the cheaper supermarkets. They source considerably more from the UK than other stores and often use it to justify higher prices.

When sales decline the market will have to lower prices to adapt or they'll sink. Profit margins will take a hit for sure.
 
Arthur Hucksake said:
When sales decline the market will have to lower prices to adapt or they'll sink. Profit margins will take a hit for sure.
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Lower margins for everyone. Though there will be more demand on farmers, farmers will probably lose a lot of their funding and outsourcing will always be an option so it will pretty much cap their margins.
 
jimjamuk said:
Well if you spend it in the UK most things still cost the same. Spend it abroad and yes the pound is worth less - gonna have to pay an extra £50 on something I want imported from the US
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Sorry what? Petrol is up already and everything I have bought in the UK this week is up also.?????????
 
Jono8 said:
Unfortunately the downside of the brexit in terms of our currency is nearer 20% as the risks were priced in for ages before the vote. Almost all forecasts I read said that if we voted to remain the GBP/USD would be nearer 1.6 again and the GBP/EUR would be over 1.35 again.

But still even if you want to think it is just 10%, who is going to pay you 10% more on your salary to live the same life you were living before?
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The pound was at 1.15 or so a couple of years ago, before much referendum talk.

The bigger problem is against the dollar, and I agree with you there.
 
n111ck said:
Everything? Really? Why do Remainers insist on exagerating (lying)? Another reason Remain lost. People never learn.
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You do realise that exagerrating isn't lying?

And by insinuating exagerrating is lying you yourself are making an exagerration?

Which by your statement implies you're a "Remainer"? :D
 
englishpremier said:
The pound was at 1.15 or so a couple of years ago, before much referendum talk.

The bigger problem is against the dollar, and I agree with you there.
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Yes the pound/euro whilst still not ideal, isn't as big a problem. The drop against the dollar is worrying, especially if it does drop lower.
 
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