I went away for a couple of weeks and it seems you all had a huge party without me. When I left the UK on 28th October the Great British Pound was at 1.63 to the US$ and 1.25 to the Euro.
Then it seems Mr King had some sort of party at the Bank of England and decided to have a huge give-away...of our wealth. Looking at it now it appears in the two weeks I was away that we managed to wipe about £41 billion of UK GDP value in currency depreciation alone.
That is some party I missed, even the Millennium dome only cost 1/20th of that. Hope you al l enjoyed it. it seems the hangover is starting to affect some companies though....Perhaps the drugs are not working. In fact it is about the same as the highest estimates of the cost to China of the Beijing Olympic Games.
Anyway, some please tell me how good was this party, what did you all do in it?