Professor Cliff Edge has been quick out of the blocks today to reassure the public that the pound hitting an eight year low against the Euro is nothing to do with Brexit.
“We haven’t even started Brexit yet.” Professor Edge advised. “Wait until we do. Then you’ll see me deny the relation in a very energetic way.”
The upsides are clear of course.
Professor Nigel Farage is one to receive an immediate pay increase. So too the other UKIP MEPs and even the ones the UK voted to send to Brussels who don’t mentally live in an imagined version of Victorian England.
Europeans who may possibly want to visit the U.K. post Brexit will also be feeling warm, as the U.K. takes another step to being cheaper than Spain for a beach holiday.
“We should be celebrating the strengthening recovery and growth of the Eurozone.” Professor Cliff also advised.
“They will still be a significant trading partner after Brexit, so their relative purchasing power against us will give them opportunities to compete with foreign oligarchs to use London property as a safe place to store cash. Given the EU by and large adheres to rule of law and democracy then we may actually have are property skewed by people we can conceivably sue one day.”
The other plus being that the holidaying season which sees millions of Brits enjoying actual summer in Southern Europe so it’s not like anyone will notice how bad the exchange rate is until after Theresa May has come up with a sensible slogan to explain the change.
When asked for what further advice he would dole out for the furniture Professor Cliff Edge was sage.
“Remember, no matter what happens with exchange rates, a pound is always a pound.”
Until it’s a Euro sometime in 2025.
