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  • Is the U.K. 'Finished'? [View article]
    Hosed yes, finished no.

    The article is a little sloppy, although I cannot disagree with the general "short the pound" theory. I wouldn't be so sure about the London equity market though. Around half of the earnings in the FTSE100 are derived overseas, so a weak pound actually helps there. Disappearing banking sector notwithstanding.

    Regards,

    An under-employed Brit ;)
    Jan 20 21:06 pm |Rating: 0 0 |Link to Comment
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