Quote:
Originally Posted by joeysteele
I do not want to be a doomwatch here as I do not want the UK to do badly on anything.
However of the ftse100 which has clawed back,75% of its business are outside the UK therefore a weaker time for sterling is actually good for them.
You may find a different story on the ftse 250 which is better barometer of how things are going and it is not doing so well.
Any good news of course has to be good news but only if it really is so however.
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It says in the article that the FTSE 250 has also risen not as much as it fell yet but coming back up is a good sign and the pound has risen a little against the dollar.