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Because it's been falling all year based on the risk of Brexit. Go back to December before the referendum date was announced..
Poll: The Official OcUK EU Referendum Exit poll (and results discussion thread)
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Because it's been falling all year based on the risk of Brexit. Go back to December before the referendum date was announced..
Soldato
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Banks got it wrong once.
Therefore everything they say/do from now on should not be relied upon whatsoever!
The things I've been hearing during today's several meetings are mind-boggling (financial services multinational). Let's just say that so far the optimistic scenarios include a technical recession triggered in Q3, a plunge in foreign investments and a significant house prices fall.
The 52% don't even begin understand the nature of the genie they've just released
The 52% don't even begin understand the nature of the genie they've just released
I can imagine because voting in a GE is like choosing which limb you'd like sawn off, or what debilitating disease you'd like injected into your veins.
Whereas Remain vs Leave is two quite clear and distinct outcomes.
I doubt that a woman born into a hereditary fortune of several hundred million pounds would concern herself with something as trivial as the Brexit referendum. She's sitting pretty regardless of what happens.
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Watch the film "The Big Short". There were plenty.
Soldato
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Your concept of recovery is clearly very different to mine!
The value of the pound has taken a complete nosedive.
Now about the same value it had in February this year.
A MP watched them climb in to the trucks and they was counted here as well.
He counted 125 got in to the UK and nothing was done about it. And he said it happened every day.
Plenty of videos out there.
Associate
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Your concept of recovery is clearly very different to mine!
The value of the pound has taken a complete nosedive.
It was at $1.48 at 10PM last night(due to the markets predicting a Remain win), it's now at $1.37 after this end of the world event(according to Remainers), and the markets overreacting because of their initial mistake. The FTSE is down 2.3% ... not exactly the rapture.
Soldato
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My investments, for example, are down 30% to 15%. So what part of 'plunge' or 'billions wiped out' on the Stock market do you think is inaccurate.
Please come back when you have some facts on your side.
lolzethor
My face when it dawned on me that we'd actually won the vote.
Same here - when I realised we'd lost
So you think the Queen's only thoughts on this would be based on how it affects her money?
Yes just when campaigning had started, so that's expected.
The true comparison would be back around mid 2015 as discussion on our EU membership had started, it was around 1.55 then. So yes it's taken a massive nosedive.
Agreed, it took a nose dive due to the currency sellers getting it wrong and betting with remain. Things will level out but obviously lower for an amount of time but I believe short term pain for long term gain will win through.
I do have to question Cameron quitting so soon - that will have not helped.....and Sturgeon....eeurrgggghhh, broken record.
As harsh and greedy as it is, house prices falling is a win for me!
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