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[Rods2]

George Soros of make $1bn+ profit in 1991 on ERM fame can smell more big profits by shorting the pound again. 

http://www.businessinsider.com/soros-profiting-from-decline-in-pound-yen-2013-2?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=Business%20Insider%20Select&utm_campaign=Business%20Insider%20Select%20Mondays%202013-02-18&utm_content=emailshare

So expect the currency to carry on dropping and fuel and food prices rising. 

[feeutfo]

Can't be, he's on Holiday 


Oh, finance. At risk of opening the door for all the pedants in oof'dom...

Wha' ya sayin' Rods? Could not be arsed to read the link, not my interest personally. Being the stupid kid from the local comprehensive and all...?

[Nickbat]

George Soros of make $1bn+ profit in 1991 on ERM fame can smell more big profits by shorting the pound again. 

http://www.businessinsider.com/soros-profiting-from-decline-in-pound-yen-2013-2?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=Business%20Insider%20Select&utm_campaign=Business%20Insider%20Select%20Mondays%202013-02-18&utm_content=emailshare

So expect the currency to carry on dropping and fuel and food prices rising. 

Whilst I generally believe in freedom with regard to the markets, Soros is a dangerous man. Perhaps the plan is to weaken sterling to make joining the EUR an attractive proposition to the sheeple. 
 

[Sir Tigger KC]

All part of the Osborne/Carney plan to inflate Britain's debts away.... 

Looking on the bright side a weak pound is good for our exporters as our goods and services will cheaper to Johnnie Foreigner. 

[Varche]

George Soros of make $1bn+ profit in 1991 on ERM fame can smell more big profits by shorting the pound again. 

http://www.businessinsider.com/soros-profiting-from-decline-in-pound-yen-2013-2?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=Business%20Insider%20Select&utm_campaign=Business%20Insider%20Select%20Mondays%202013-02-18&utm_content=emailshare

So expect the currency to carry on dropping and fuel and food prices rising. 

Whilst I generally believe in freedom with regard to the markets, Soros is a dangerous man. Perhaps the plan is to weaken sterling to make joining the EUR an attractive proposition to the sheeple. 

Great word. 

In the case of the British pound (which has been getting hammered all year) the currency is weakening on a combination of weak economic prospects, a worsening balance of trade, and the expectation that newly incoming Bank of England chief Mark Carney will be inclined to ease policy further.

Ihave great hopes for Carney to do the right thing for Britain. He should, we are paying him enough. Nice to see Cameron with a huge entourage in India drumming up business. There is hope. This collapse of the pound is bad for any expats living abroad drawing Uk income - like state pension. 5% drop last month on the month before.
 

[goose]

I think we (Great Britain) should go to Ocean Finance. I saw an advert for them on the telly box last week.
They could consolidate our debts into one easy financial payment! 

[STMO123]

Soros made $1 billion between September and January by shorting the yen, which devalued by 25% against a basket of currencies during that time. It was an intentional devaluation by the new Japanese prime minister to improve exports.