Blog: Dave LeggettCheap British currency

Dave Leggett | 24 November 2008

Us Brits are beginning to notice that trips across the Channel seem a little bit more expensive due to the weak Pound. And it's the same story if you head across the Atlantic (we're now at $1.48 per £). The consensus appears to be that sterling is a currency that is, relatively speaking, on a bit of a slide. But it is at least, mainly, good news for manufacturing exporters. Jaguar Land Rover may be tapping up the government for a bit of bridging loan assistance, but at least it will find profitability per unit sold in the US is up. It's just a pity that the US market has collapsed... 


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