The pound has taken a battering against the dollar in recent weeks, and is now trading around $1.57 and down from over $2. And they are saying that the Bank of England could cut interest rates further also one pound bought just under 1.22 euros yesterday... so hows this hitting you guys? they say everything should be sorted by 2012 lol
What I don't get is that the British public, we have these banksters, we've bailed them out, with our taxpayers money, not only do we not receive a word of thanks from them, but they continue to charge us the most extraordinary rates for what they perceive on our part to be, the slightest misdemeanour, bank charges etc, whilst the real backbone of this country, the SME businesses are still the ones left to pick up all the pieces, whilst the fat cats get away with murder. Not just that, but our tax payers money is also being used to bail out the U.S. economy now. How bloody ridiculous is that? When is the day going to come that our politicians are going to recognise that it ain't the pen pushing committee meeting managers from Brussels and elsewhere that makes this country tick, but it is a small and medium sized businesses which are dotted around the country everywhere in their tens of thousands. When are these businesses going to be given a break? Why do the banks deserve this help? I say we should take a leaf out of the French and blockade every port in this country, for the powers that be, this government and the last administration as well, when did they ever listen to the real needs of the people? All they've ever done in terms of business is run rough shod straight over the lot of us, even though we contribute the most to the basic infrastructures that keep the country going. It's all too absurd for words! Mark