Currency

So the 23rd of June turned out to be quite a momentous day for the UK. As I type the country is coming to terms with a referendum result that has the UK leaving the European Union. The Prime Minister has given notice and the Leader of the Opposition is facing a call of no confidence. Plus the Scottish First Minister is calling for a second referendum on Scotland’s membership of the United Kingdom. It has also caused quite a shake up of the financial markets and a pound that was quite strong has fallen sharply to a low not seen since the nineties.

Now I’m not going to make political comments here. It’s not the place. However as a simple shop keeper who sells a great deal of his wares to the rest of the world, I’d be remiss if I did not point out the ramifications of a weak pound. My prices are cheaper! With the pound so weak my prices have never been so low. I’m no financial analyst though and I have no idea how long before it rallies, or even if it will. But if you are not based in the UK there has never been a better time to buy than now.