Babbles Posted January 9, 2009 Share Posted January 9, 2009 Babbles is a she , and she didn't really think she could ! no one really has that much confidence in the rise of the £[:D] Link to comment Share on other sites More sharing options...
Boiling a frog Posted January 9, 2009 Share Posted January 9, 2009 [quote user="Babbles"]Babbles is a she , and she didn't really think she could ! no one really has that much confidence in the rise of the £[:D][/quote] Difficult to tell with the gold fish bowl covering the face[:)] Link to comment Share on other sites More sharing options...
AnOther Posted January 9, 2009 Share Posted January 9, 2009 £ currently nudging 1.1275, I can hardly contain myself [:'(] Link to comment Share on other sites More sharing options...
Bugsy Posted January 9, 2009 Share Posted January 9, 2009 [quote user="ErnieY"]£ currently nudging 1.1275, I can hardly contain myself [:'(][/quote]Whoopee, at this rate I'll soon be worth more than JMB..................................but I won't, of course, be vulgar enough to brag about it [8-|][:D][:D] Link to comment Share on other sites More sharing options...
AnOther Posted January 9, 2009 Share Posted January 9, 2009 Busted 1.13, I think I'll need to lie down soon [blink] Link to comment Share on other sites More sharing options...
Bugsy Posted January 9, 2009 Share Posted January 9, 2009 HIFX shows 1.1289 Ernie...............................[:)] Link to comment Share on other sites More sharing options...
Jazzer Posted January 9, 2009 Share Posted January 9, 2009 I know I am a cynic, but I find it a little frustrating that there has been no mention in news bulletins of the improvement of the £ to the € When it was on the slide, we were hearing it from all directions.Seems only to be on teletext. I hope travellers are watching, and will want to holiday here. Link to comment Share on other sites More sharing options...
Scooby Posted January 9, 2009 Share Posted January 9, 2009 I think a lot of the fx dealers who offer fixed monthly payments for the next 12 months / 2 years buy at the spot rate and charge you interest for holding the money for you. So you actually end up buying at less than the spot rate.p.s. Bugsy - I think there is a pic on the www link... Link to comment Share on other sites More sharing options...
Scooby Posted January 9, 2009 Share Posted January 9, 2009 [quote user="Jazzer"]I know I am a cynic, but I find it a little frustrating that there has been no mention in news bulletins of the improvement of the £ to the € When it was on the slide, we were hearing it from all directions.Seems only to be on teletext. I hope travellers are watching, and will want to holiday here.[/quote]Exactly Jazzer - the media loves bad news - sells sooo much better than good news! Link to comment Share on other sites More sharing options...
WJT Posted January 9, 2009 Share Posted January 9, 2009 [quote user="Benjamin"][quote user="WJT"]Shame that isn't the case because I would like to buy at around 1.67 instead of the current 1.10. So if anyone knows different to Ernie and Inceni please let me know. I can move quite quickly. [:)][/quote]I'll be happy to acommodate your request at that rate.Just send your £'s to my normal address c/o Nigerian Consulate, 85000 La Roche sur Yon. Be careful to mark the package for my attention. [:D][/quote]OK Benjamin will do. I will get right onto that but will of course need all of your bank details, pin number, Mothers maiden name etc.. [:D]NormanH, I too know what you mean and as Ernie said our income is earned in sterling so the crash of the sterling has had a major impact on us just like many others here. Fingers crossed that Benjamin will come through though with that 1.67 exchange rate. [:D] Link to comment Share on other sites More sharing options...
woody234 Posted January 10, 2009 Share Posted January 10, 2009 the pound was 1.02 euro on dec 30 but now its 1.12 but if the bank of england print more pounds with quntitive easing will the pound get lower again Link to comment Share on other sites More sharing options...
tegwini Posted January 11, 2009 Share Posted January 11, 2009 The UK pound needs sensible and intelligent macro and micro economic management to improve its strength on the financial markets. The financial markets have no confidence in the UK pound.Sadly, we've got incompetent government as well as too much spin and no substance. And this is not new either, we're had it for a decade or so. Typical !Tegwini Link to comment Share on other sites More sharing options...
JMB Posted January 11, 2009 Share Posted January 11, 2009 Not for long. SuperGord is bringing in Robbie Mugabe, as head of the BoE to oversee "quantitative easing" aka printing loads of dosh. He has the experiance to pull it off. Link to comment Share on other sites More sharing options...
parsnips Posted January 11, 2009 Share Posted January 11, 2009 Hi, If you want cheering up take a look at http://www.bloomberg.com/apps/news?pid=20601083&sid=aPJohwCe45OM&refer=currency Link to comment Share on other sites More sharing options...
AnOther Posted January 11, 2009 Share Posted January 11, 2009 Turned your link into a clickable one [;-)]http://www.bloomberg.com/apps/news?pid=20601083&sid=aPJohwCe45OM&refer=currency Link to comment Share on other sites More sharing options...
Benjamin Posted January 11, 2009 Share Posted January 11, 2009 Just had an email from my big Sis in Aussie. Each pensioner couple have been given A$ 2,100 by the Government to spend. Everyone she knows has simply banked it. [:P] Link to comment Share on other sites More sharing options...
Scooby Posted January 11, 2009 Share Posted January 11, 2009 If they wanted the money spending they should have given it to the teenagers!! We couldn't persuade my (69/ 70 year old) parents to spend pre crunch - so we haven't got a cat in h*ll's chance now! Link to comment Share on other sites More sharing options...
JMB Posted January 17, 2009 Share Posted January 17, 2009 It is not only the british pensioner who is losing out over the diminishing pound. Spare a thought for the poor old premiership player from the euro zone. His £100,000 per week from Manu or where ever was worth €150,000 not too long ago and now it's only worth a staggering €110,000 thats a loss of €40,000 every single week. Link to comment Share on other sites More sharing options...
ausibattler Posted January 17, 2009 Share Posted January 17, 2009 Hold on a minute Benjamine, lets quote the information correctly regarding the Australian 'Pensioners Bonus'.The term 'Pensioner' is often misquoted in Australia. People who qualified to receive this Bonus had to be of pensionable age and registered with Centrelink,the Federal Assistance Agency.To be registered with the Agency each person or couple have to be 'means tested' annually. To qualify for an Aged Pension, combined assets have to be below a determined threshold. Above the threshold you are classified as (a) 'Self Funded Retiree(s)' - no aged pension, no health benefits, no travel allowances, no services discounts (rates,Gas,electricity,telephone etc.), no winter fuel allowance, no CPI assessments.The Christmas Bonus was a one off payment in Lieu of an increase in the Age Pension due to Federal Budget constraints with an increase promised in Fiscal 2009Not every 'Pensioner' in Australia received the Bonus. Those that did would no doubt be spending on bills unpaid, shopping for essentials, increased private housing rentals (council housing is a misnomer in Australia), services, fuel increases etc etc.There are no statistics available yet suggesting what the majority of 'dependants' did with their Bonuses however I would suggest the majority would not have 'banked it' Link to comment Share on other sites More sharing options...
Benjamin Posted January 17, 2009 Share Posted January 17, 2009 [quote user="Benjamin"]Just had an email from my big Sis in Aussie. Each pensioner couple have been given A$ 2,100 by the Government to spend. Everyone she knows has simply banked it. [:P][/quote]Hi ausibattlerI can't tell you any more than what my posting said except to say that I'm pretty sure that my sister and her husband are not on any means tested benefits. To give you an idea they live on the water front in Mandurah which may mean something to anyone who watched last night's Down Under relocation program. Link to comment Share on other sites More sharing options...
ausibattler Posted January 17, 2009 Share Posted January 17, 2009 I would suggest you check your statements Benjamine. I would also suggest that the approximately 14,000 of pensionable aged of the 61,500 residents of Mandurah, 72 klm south of Perth are untypical for reference, compared to the 4 million nationally who are registered with Centrelink, who hold a Commonwealth Seniors Health Card or are Veterans GoldCard holders eligible for Seniors Concession Allowance, who received apayment of $1400 if they are single or $2100 to couples. Link to comment Share on other sites More sharing options...
Gastines Posted January 17, 2009 Share Posted January 17, 2009 I do wonder how far UK Chembers of Commerce and Trade look to find extra business. Having lived in Bournemouth /Poole most of my working life I still read the local paper on the computer each day. On the same day as an article about the Council creating a new post at£110.000 to seek new business and promote the area, there was an article pointing out the decline in shoppers to most stores and shops BUT also a nice big advert from Brittany Ferries with special price day trips etc to France for shopping etc. With B.F. and Condor ferries going to Cherbourg and St.Malo I wondered how long it would take someone to realise that with the present exchange rate it might pay to offer the same discounted fares to shoppers FROM France.Most household furnishings are much cheaper in UK at the moment.Perhaps a little earner for a coach and delivery firm to get thier act together?I remember in the last financial meltdown I was working in London and there was always one nationality that seemed to have vast amounts of cash at any one time.Regards. Link to comment Share on other sites More sharing options...
NormanH Posted January 20, 2009 Author Share Posted January 20, 2009 On the way down again[:(] Link to comment Share on other sites More sharing options...
Gastines Posted January 20, 2009 Share Posted January 20, 2009 I see Soros says take any money out of sterling as UK is finished for investors. Quite worrying,I don't know whether it's safer over here or what the H-LL to do at the moment.Interest is the least of our worries ,the main thing is trying to ensure capital is safe. Any ideas.?I have left capital in UK to try and protect the family from the problems with French inheritance laws but I now have to think in the short term.As I don't intend to kick the bucket in the next year or two I 'm open to any advice. I'm a workman not a financial genius and am finding even the basics of these problems impossible to follow. With all the money injected into the system and the billions supposedly LOST, where is it all going?Regards. Link to comment Share on other sites More sharing options...
mint Posted January 20, 2009 Share Posted January 20, 2009 Gastines, like you, I have no idea what to do for the best.I think there are many lost souls like us. This, as they say, is a whole new ball game and it's impossible to find out what the rules are. What a nightmare!But, here is the link about this, as if we need any more confirmation that the worst is yet to come!http://business.timesonline.co.uk/tol/business/economics/article5552136.ece Link to comment Share on other sites More sharing options...
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