Beachcomber

Did I claim it was constructive? It is probably no less so than about 29.000 of your total number of posts if this one is anything to go by:

Anyway, I was writing about you not to you!

rugbymatt

Off Topic?

Beachcomber

I wonder why pot, kettle and black come to mind?

rugbymatt

Post 152?

Beachcomber

I have to admit that your tremendous brain power and literary superiority has now lost me completely!

Anyway, the current exchange rate is 1,07 and if the ECB keeps to its promise to resist further interest rate cuts and the MCP make a further cut in January, as is likely, it will make 1,07 seem like the dizzy heights.

Lionda

I was told today that the pound is already worth less than a euro

Beachcomber

I think that is when changing cash at some exchange bureaux. The figure I quoted is the commercial mid-market rate.

Lionda

OK, thanks for explaining

DebsyW

yes Li, that`s the tourist rate..... for now

jurdyr

up two years ago when i got pay in the uk for jobs , people all say here Stg , then i have pay to change it over , so i stop it , i live in the euro zone and any one ask me about payying me i tell them its Euros only the ECB aregoing to cut rates again late jan are start feb , waybanks are going still not helping any one out yet , think GBP/STG is going to get worst befor it get better , for the Europen that many make uk a holiday as it now cheap .... as in Exports the uk goods are now cheap and many save the Uk market . banks and motor industry have lot to Answer , banks wont leand and still making cars and sales are down by 60% bail outs , so what the Government not bailling the Gpb out are banks ?

poshnbucks

Chairman of Barclay's Bank has said this morning he expects the bad times to remain in the UK for 2 years or thereabouts.

encodeme

I think its the same in most countries. Some haven't quite got into recession but its coming for them too.
Wether you live in the UK,Spain, Russia etc.....there is a bit of doggy pooh coming your way. Just sit back and try to tough it out.:

bobd22

Strange isn't it last week when the pound got near to 1.10 to euro the press and news were all over it, since then been as low as 1.04 and not a peep from them?? I wonder if this great government have got something to do with that i.e. trying to hide the fact that they've bust the pound. No doubt if ever does rise they will claim al the credit.

bigglesworth

The collapse has been faster and bigger than in the Great Crash!
But we are better placed than other countries says Gordo.

bobd22

Oh yes Gordo the saviour of the world you never used to see him smile but since the credit crunch he is seldom to be seen without his Cheesie grin. Probably secretly laughing at the pile he will leave for Cameron to sort out.