eugene43

Greek I think

bcworld

Here come the $1.60s! Less than a cent to go.

77hil

It's not just the pound that is suffering though. Just over the past few days I've seen the US dollar go from 0.89 to 0.91. Parity between the two is getting closer and closer. So we shouldn't think that it's just the £ that is getting a battering against the AU dollar.

pomtastic

1 AUD = 0.5839 GBP

Is this the lowest the GBP has been for 20+ years against the AUD?

Great for UK manufacturing and exporters, apparently the UK is the 6th biggest exporter in the world.

Not so good for new migrants, less cash for house deposits

charlie brown

i just wish mr king would not say anything if he can't find anything nice to say.every time he opens his gob the gbp drops,just shut the !!!!!!up,can you tell i am a little fed up

hwilson

Looks like Mr's Brown and King are more concerned with making exports more attractive, and imports less attractive, than looking after those of us leaving the country.

bcworld

Maybe they're just trying to tempt those of us that already left to come back!

77hil

House and rent offers are going to be well under "peak 2007" levels aren't they. This isn't 2007 anymore.

charlie brown

honist dont do it,

isgraham

Don't know what part of Sydney you are in but my rent hasn't gone up in 2 years. I just keep telling my landlord that I will move out and they soon change their mind they seem to like stable tennants. The previous one insisted on an increased rent and ended up with 4 month rental void and a lower rent than I was paying. So my observation is that rents are not going up in my price bracket and area.

steve_kelly_and_boys

hi all

with regards to it being so bleak over here and no houses selling

we told the people who we rent our house off of in the new year that we were off to Australia in april we have been in it for 3 years and they decided to sell up
they put it up for £320000 and accepted an offer within 2 weeks for £315000now i wouldnt have given £250000 for it personally but houses are selling around here at the moment as there just isnt enough for sale .
last january when it was really bad a house around the corner from here sold for £250000 (just about). as confidence was at an all time low
i would imagine you would get £320000 for it now as thats the market at the moment .
also doom and gloom everywhere i do not know 1 single person out of work ( and most of my mates are in the building game ) its not as brilliant as it was before but they are still earning money
everyone is still going to the pubs and go to bluewater , lakeside or bromley and it is still busy
people just cant stop taliking about the doom and gloom
but is it really that bad.

Nice Guy

1.70800

DownUnderPaddy

oooohhhh....so close. Got to 1.7056 before rallying back a little in the last hour or so.
Surely it's going to break into 1.6x territory real soon ?

charlie brown

1.7142

DownUnderPaddy

It appears Merv opened his mouth again !

Sterling plunges as King warns on money scheme
http://business.timesonline.co.uk/to...cle7037399.ece

Sterling falls after King hints at more QE
http://www.ft.com/cms/s/0/21a8203c-2...44feab49a.html