The Death of the Pound? - Page 3

The information is readily available, please see below  one of many articles,  this particular one was from July 2017

Just over a year on from the EU referendum and the momentous outcome in which the majority of voters decided the only way is Brexit, it looks like sentiment has changed.

A fresh poll from Survation puts the result at 54 per cent for remaining if the referendum on membership of the EU took place today, versus 46 per cent voting to leave. That's a swing from the closely run result last year, when 51.9 per cent wanted to leave the EU and 48.1 per cent wanted to remain.

KR 

Andyb1208

The information is readily available, please see below  one of many articles,  this particular one was from July 2017

Just over a year on from the EU referendum and the momentous outcome in which the majority of voters decided the only way is Brexit, it looks like sentiment has changed.

A fresh poll from Survation puts the result at 54 per cent for remaining if the referendum on membership of the EU took place today, versus 46 per cent voting to leave. That's a swing from the closely run result last year, when 51.9 per cent wanted to leave the EU and 48.1 per cent wanted to remain.

KR 

Andyb1208

Only vote that mattered was the one in June last year.

Prior to the vote the polls said the remain vote was going to win,  but that did not happen.

As I have said before,  you would have to re-run elections continually dependent on the sentiment at the time and that would mean chaos.

The goverment said it was a once in a generation decision, If people are not happy in ten years they could ask for a referendum to re-join the EU.

No I wasn't - around 2000 I got a formal letter advising that my political rights in England had ceased - though through the munificence of the English government I could keep my passport. None of the 1.2 million residents of Europe with English passports had a say in this mad situation.

I think you are missing the point of the discussion

It is quite clear we will be poorer nation out  of the union how much worse off that is open to discussion . To say wait ten years is ridiculous and by that time would the EU wants us back if we are on our backside 

We are talking about the future of our country, our children and our children's children. It's seems there are lot of people out there who are burying there head in the sand hoping it won't affect them.  Let's see if people are that laid back to say let's vote in ten years when it really starts to bite there pocket and affects their way of life 

KR 

Andyb1208

How right you are that people continually change their minds. Witness the results of successive elections! That referendum was a one off poll with no option to rerun it in five years time. Whatever those who had the chance to vote thought in June 2016, there can be little doubt that opinion has moved against Brexit - even Teresa May changed her mind in her pursuit of power. Governments need to be sensitive to public opinion and react to it. That is why they are elected.

Since the vote Britains economy has continued to improve even though we were warned prior to the vote that it would nose dive? Where's the proof it will get worse after we leave??...the previous warning by so called "experts" were discredited. Until we leave we won't know what the effect will be. By that time the EU itself might of disintegrated.

You are right, it was a "once in a generation vote" (Goverment quote) ...so unless things change with the next generation the result is the result

I am in the process of moving over not for more money but for a better house, better weather and a better more relaxed way of life. Yes the exchange rate is terrible but it is what it is. I have xx amount of pounds to live off each month and if the exchange rate improves then that will be a bonus - if it looks like going below 1=1 then I'll transfer a lump sum.  I believe that anyone relying on the £ to live off has to be realistic that currency goes up and down and even before the euro - the exchange rate was prone to large fluctuations.  I personally don't think the £ will recover much over the next couple of years whilst Brexit is happening and until the outcome of it is clear.  I would love to be wrong but im erring on the side of caution. 

I think you are correct.The pound will not move above 1.14 and may well dip down to 1.07 for the next 20 months

I managed to purchase my property in spain at 1.18 so could have been worse.

I hope youu enjoy your more relaxed way of life in Spain.