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Politics, politics, politics

Obviously it depends what you're pegging the pound against and when you take the measurement. The dollar is often the benchmark. Which currency were you measuring it against?

Today the pound is $1.21 it was $1.48 before the referendum. Even at 18-19% its still a massive drop, and this year you will notice prices rise significantly in the shops (imo).
Which makes trade deals with the rest of the world all the more important
 
Obviously it depends what you're pegging the pound against and when you take the measurement. The dollar is often the benchmark. Which currency were you measuring it against?

Today the pound is $1.21 it was $1.48 before the referendum. Even at 18-19% its still a massive drop, and this year you will notice prices rise significantly in the shops (imo).

Dollar. And as the pound is today is just above as low as it has been, that's where the 18.5% comes from.

Don't get me wrong, you are right in what you say - I don't disagree it's a massive drop. I just don't like the biased reporting that has been the norm since the vote. The BBC have been particularly bad at this - today for instance the pound has dropped 1% and it is one of the lead stories. The other day it increased by more than this and it wasn't even reported. That's why I picked up the 20-30% figure as you rightly stated we generally benchmark against the dollar and that shows a maximum of 18.5%.
 
Dollar. And as the pound is today is just above as low as it has been, that's where the 18.5% comes from.

Don't get me wrong, you are right in what you say - I don't disagree it's a massive drop. I just don't like the biased reporting that has been the norm since the vote. The BBC have been particularly bad at this - today for instance the pound has dropped 1% and it is one of the lead stories. The other day it increased by more than this and it wasn't even reported. That's why I picked up the 20-30% figure as you rightly stated we generally benchmark against the dollar and that shows a maximum of 18.5%.

Agree about the biased anti-exit reporting. It's a reality. But then news is always interested in scares and doom. The drop today is a direct result of May saying the UK doesn't have to be in the single market. There is no news at the moment, so that leads the news.

If you took the pound against say the Rubble, its value is about 30% less post vote.

Spurs - Wickham! If Janssen can't score against them we may as well send him back to the Euro-zone :)
 
Agree about the biased anti-exit reporting. It's a reality. But then news is always interested in scares and doom. The drop today is a direct result of May saying the UK doesn't have to be in the single market. There is no news at the moment, so that leads the news.

If you took the pound against say the Rubble, its value is about 30% less post vote.

Spurs - Wickham! If Janssen can't score against them we may as well send him back to the Euro-zone :)

Yeah, and with that exchange rate exporting players has never been so lucrative ;)
 
I see Corbyn has started day 1 of the "Trump of the left" strategy. Not a bad start; doesn't matter if what you say is unworkable, as long as it 1. dominates the news cycle and 2. gets a bunch of people to think "yeah, why don't they do that?!"

Building a wall and making Mexico pay...maximum wage...spot the difference.

The stuff on immigration is more interesting though.

Worth a punt for JC to try this -- May is so awful, she makes Cameron look like JFK.
 
So Corbyn has shown his true face and now backed Brexit.

How can the people back a man who can't even back himself
 
So Corbyn has shown his true face and now backed Brexit.

How can the people back a man who can't even back himself

To be honest, he's played it quite well. He's been ideologically opposed to the EU for decades. But if he'd backed leave a year ago, he'd have pushed middle England towards remain. His apathetic approach maximised the leave voters on both the right and the left.
 
To be honest, he's played it quite well. He's been ideologically opposed to the EU for decades. But if he'd backed leave a year ago, he'd have pushed middle England towards remain. His apathetic approach maximised the leave voters on both the right and the left.

Yep. I thought he would keep his head low and hope that the Tories would tear themselves apart over Brexit, which they still might do of course.
 
Yep. I thought he would keep his head low and hope that the Tories would tear themselves apart over Brexit, which they still might do of course.

Then build his socialist paradise free from the (in his eyes) neoliberal capitalist club that is the EU

Whereas May was a remainer who now backs hard brexit. Or not. We don't really know.

I think May is ideologically a leaver too. She's very Shire England, not a metropolitan conservative like Cameron and Osborne. She just knew in that instance party loyalty would serve her ambitions better - the assassin never carries the crown.
 
Then build his socialist paradise free from the (in his eyes) neoliberal capitalist club that is the EU



I think May is ideologically a leaver too. She's very Shire England, not a metropolitan conservative like Cameron and Osborne. She just knew in that instance party loyalty would serve her ambitions better - the assassin never carries the crown.

Henry Bolingbroke did. :D
 
I think May is ideologically a leaver too. She's very Shire England, not a metropolitan conservative like Cameron and Osborne. She just knew in that instance party loyalty would serve her ambitions better - the assassin never carries the crown.

I agree.
 
Tristan Hunt resigns to become director of the V & A, the wife is a friend of the V & A maybe I will get to meet him one time in the members restaurant.

Labour are going to be bum raped at the by election haha.
 
In Stoke? I'd be very surprised if Labour doesn't hold that seat.

Yeah in Stoke central, part of a strategy apparently by the moderate Labour MP's to try and hold Corbyn and his merry band of extreme left wing nutters to account. UKIP leader Paul Nuttal said to be thinking of standing.
 
Yeah in Stoke central, part of a strategy apparently by the moderate Labour MP's to try and hold Corbyn and his merry band of extreme left wing nutters to account. UKIP leader Paul Nuttal said to be thinking of standing.

I think, with the boundary changes, that constituency will end up merging or being replaced by neighbouring ones. Hunt probably knew that he had no chance of being selected as the candidate (after the boundary changes) come the next election so he's left at the first chance of a cushy number. He was only ever the MP for Stoke Central because Peter Mandleson plonked him into a nice safe seat, he was never selected by the local Labour people there. Now, at least, the local CLP will select their own person.

We'll see if Nuttal has the bottle to stand.
 
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