RE: Mini Budget23 Sep 2022 14:16
TT, I beg to disagree, that will not necessarily be so.
The £ has weakened against the $ but that has more to do with the strength of the $ as opposed to the weakness of the £. A whole basket of other currencies have also weakened against the $, notably the Yuan, and the Yen., so our imports from Japan and China will not necessarily increase to any significant degree......(IMHO)
Anyway, to adopt a "glass half full " approach, at least our export markets should improve which will stimulate to economy to an extent, and tourists from abroad will be encouraged to come to the UK, which will further help our economy.