£ in for another hammering?
May 9th 2010, 1:45 am
#1
Lost in BE Cyberspace
Thread Starter
Joined: Mar 2003
Posts: 9,397
£ in for another hammering?
I see that it's reported today that the EU finance ministers are convening this weekend to approve a EU bailout of the PIGS countries - and that Britain will be obliged to contribute, despite having kept out of the Euro.
Sarkosy is rushing this through on the "Natural disaster" agenda while there isn't a clear British government - and Britain (having signed up to Lisbon) won't have a veto.
Anyone taking odds on war in Europe before the end of the decade?
Sarkosy is rushing this through on the "Natural disaster" agenda while there isn't a clear British government - and Britain (having signed up to Lisbon) won't have a veto.
Anyone taking odds on war in Europe before the end of the decade?
May 9th 2010, 2:02 am
#2
Fighting my corner
Joined: Aug 2005
Location: Adelaide, South Australia
Posts: 11,948
Re: £ in for another hammering?
We're keeping a close eye on the £ right now. Our house in the UK has made very little rental profit over the past 5 months, and the conversion rate isn't helping. Lean times ahead.
May 9th 2010, 2:21 am
#3
BE Enthusiast
Joined: Nov 2007
Location: Helensburgh...the proper one in Scotland
Posts: 947
Re: £ in for another hammering?
Works for me. I'm buying a house in Scotland and the exchange rate is great.
May 9th 2010, 6:58 am
#6
Banned
Joined: Aug 2009
Posts: 2,733
Re: £ in for another hammering?
My rental property keeps making me loads of money. My rent is way in excess of the mortgage on it.
