Re:UK FTSE 100 finishes week up 2%
by partiallypro on Friday June 24, 2016 @11:31PM
(#11975074)
The pound sterling falling helps British exports by lowering their cost to international markets.
[ Parent
| on HN ]
...but there's big uncertainty about terms of trade, so don't expect any investment in export capacity.
I wonder how long it will take to switch from being a net importer
https://www.uktradeinfo.com/Statistics/OverseasTradeStatisti...
No time, really. This can be achieved practically overnight, thanks to now being free from the EU hegemon. Now the UK will hapily ssil to its glorious and deserved destiny!