Conrad Posted February 3, 2009 Share Posted February 3, 2009 Anyone read info anywhere or can offer their opinion on when you think the £ will improve? As we all know the £ is terrible against the dollar and the Euro at the moment. You'd be lucky to get $1.40 for £1 at the moment compared to $2 this time last year. Just wondered if anyone had any idea if or when this is likely to improve? I know we can't predict the future but surely it can't get any worse? Quote Link to comment Share on other sites More sharing options...
bigcol Posted February 3, 2009 Share Posted February 3, 2009 sometime in 2010 due to the fact that no one will invest their money here at the moment and this is only the beginning of the decline, wait till the end of the year thats the time you will find out the meaning of the word recession and we are all totally fooked, basically get rid of this piss poor government, get someone in who has balls and start again.. i blame the immigrants:d Quote Link to comment Share on other sites More sharing options...
Ewen Posted February 3, 2009 Share Posted February 3, 2009 At least for the time being, our product as an export is about 25% cheaper when purchased abroad. Ironically, this devaluing of the pound is a good thing right now, for the company I work for and I suspect many others. Quote Link to comment Share on other sites More sharing options...
JamieP Posted February 3, 2009 Share Posted February 3, 2009 At least for the time being, our product is about 25% cheaper when exported abroad. Ironically, this devaluing of the pound is a good thing right now, for the company I work for and I suspect many others. Do you work for Sunseeker or am i getting mixed up? Quote Link to comment Share on other sites More sharing options...
Steve Posted February 3, 2009 Share Posted February 3, 2009 Do you work for Sunseeker or am i getting mixed up? You looking for discount? Quote Link to comment Share on other sites More sharing options...
Scott Posted February 3, 2009 Share Posted February 3, 2009 Late 2010 early 2011 is the predictions as far as i know Quote Link to comment Share on other sites More sharing options...
jevansio Posted February 3, 2009 Share Posted February 3, 2009 Late 2010 early 2011 is the predictions as far as i know It's 20:46 now so is it all over? Quote Link to comment Share on other sites More sharing options...
Ewen Posted February 3, 2009 Share Posted February 3, 2009 Do you work for Sunseeker or am i getting mixed up? Yup....some good deals at the moment Jamie Quote Link to comment Share on other sites More sharing options...
JamieP Posted February 3, 2009 Share Posted February 3, 2009 Yup....some good deals at the moment Jamie Out of my reach mate, the wifes dad has a couple of 60ft sunseekers. Quote Link to comment Share on other sites More sharing options...
Pot Posted February 3, 2009 Share Posted February 3, 2009 It's 20:46 now so is it all over? That ruined any chance I had of saying 12.55 on Tuesday Quote Link to comment Share on other sites More sharing options...
Scott Posted February 3, 2009 Share Posted February 3, 2009 It's 20:46 now so is it all over? Come on, Martin did that one to the death earlier Quote Link to comment Share on other sites More sharing options...
jevansio Posted February 3, 2009 Share Posted February 3, 2009 Come on, Martin did that one to the death earlier There's nothing like flogging a good joke into the ground Quote Link to comment Share on other sites More sharing options...
Conrad Posted February 3, 2009 Author Share Posted February 3, 2009 Oh man, so my hopes of it improving in time for my trip to Vegas in May are a tad optimistic! Quote Link to comment Share on other sites More sharing options...
Carl_S Posted February 3, 2009 Share Posted February 3, 2009 In my opinion, the pound will recover its levels against the dollar at some point in the future, it will also recover its levels against the Euro. My estimate is based on the experience of having lived through one recession. I predict that full recovery will occur in 2010. Quote Link to comment Share on other sites More sharing options...
Gazboy Posted February 3, 2009 Share Posted February 3, 2009 I can't see it improving by much until either Brown or Darling (or both) resign or get the boot. I think it'll take a change of government for a significant upturn. Quote Link to comment Share on other sites More sharing options...
Soop Dogg Posted February 4, 2009 Share Posted February 4, 2009 In my opinion, the pound will recover its levels against the dollar at some point in the future, it will also recover its levels against the Euro. Now that's specific! Quote Link to comment Share on other sites More sharing options...
Carl_S Posted February 4, 2009 Share Posted February 4, 2009 If I can help, I will. Quote Link to comment Share on other sites More sharing options...
Gaz Walker Posted February 4, 2009 Share Posted February 4, 2009 Now that's specific! Funnily enough I was just thinking the same Quote Link to comment Share on other sites More sharing options...
AlanM Posted February 4, 2009 Share Posted February 4, 2009 I bought a few dollars way back at beginning of last year Quote Link to comment Share on other sites More sharing options...
DJButler Posted February 4, 2009 Share Posted February 4, 2009 At least for the time being, our product as an export is about 25% cheaper when purchased abroad. Ironically, this devaluing of the pound is a good thing right now, for the company I work for and I suspect many others. This might help if we had a manufacturing industry, IIRC Maggie sold it !. Still at least it was worth something back then, it wouldn't be worth much with Gordon running the shop. Serious Question, if the scots don't want to be governed by westminster, why do we let them work there?. Quote Link to comment Share on other sites More sharing options...
AlanM Posted February 4, 2009 Share Posted February 4, 2009 This might help if we had a manufacturing industry, IIRC Maggie sold it !. Still at least it was worth something back then, it wouldn't be worth much with Gordon running the shop. Serious Question, if the scots don't want to be governed by westminster, why do we let them work there?. you let every other nationality work there Quote Link to comment Share on other sites More sharing options...
Guest gracie69 Posted February 4, 2009 Share Posted February 4, 2009 we do a good job managing your football teams, we may as well manage your country too;) Quote Link to comment Share on other sites More sharing options...
michael Posted February 4, 2009 Share Posted February 4, 2009 I blame the change of design on the back of the coins, since then it's all gone to crap. Quote Link to comment Share on other sites More sharing options...
Alex Posted February 4, 2009 Share Posted February 4, 2009 For those of us who are debt free and in steady work (not saying I am) coming up is a window of opportunity for increasing long term wealth. I fully expect house prices to bottom out at the end of 2009, and when the market is fully depressed it will be a good time to invest in a 2nd property...also, right now is good for shares in the banks you don't think will get nationalised and the insurance companies that insure the banks Once confidence in the banking system is restored, share prices of both will bounce back, maybe not fully but enough to make a tidy profit - IF you have the cash to invest. I think we'll start an upswing in 2010, but it will easily take 5 years to fully recover, maybe more. I hope the pound stays low for a while, yeah it makes imports expensive, but it will encourage internal growth. Most of the people on benefits can't work cause there is nothing hands on enough for them to do anymore - ie manufacturing. I'm really hoping that we can invest in that sort of labour and reduce our dependancy on imports. The new Nuclear powerstations should help, by employing a sh1t load of people... Quote Link to comment Share on other sites More sharing options...
DJButler Posted February 4, 2009 Share Posted February 4, 2009 you let every other nationality work there Good point, i never noticed that!!!!. In fact i thought i saw a women there once. Have you noticed that every news program starts with the Goverment in the first sentence, when i was interested in the news we used to hear the "G" word rarely because they were too busy running the country instead of running the people. Still must remember not to get political, lets get rid of all politicians. Quote Link to comment Share on other sites More sharing options...
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