12 Dec 2018

Pound versus the Euro - NOT amateur radio

Well, I am baffled.

Today we awoke to the news that the UK Prime Minister, Theresa May faces a no-confidence vote and could be out of her job tonight. The BREXIT vote in the UK House of Commons has been delayed. Frantically, Theresa May is trying to get words added by the EU to the UK exit deal so it gets a majority in the House of Commons.

Now, if I was a betting man - I am not - I would have expected the UK pound to fall in value against the Euro. What has happened? The UK pound has gone up against the Euro! Good job I am not in charge.

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