Pound may fall below parity with euro

[rebbonk]

Economists have warned that the pound is on the brink of sinking below parity with the euro due to the Government’s unconvincing plans to tackle Britain’s £178 billion budget deficit.

Story here http://business.timesonline.co.uk/tol/b ... 969090.ece

[StevieG]

Rebbonk, this so called Gov. are not interested in facing reality concerning a plan/s for sorting out the economic mess that the "Brown One" , unoffically enthroned by the other , knows that he has to book Pickfords for the removal back to Scotland and if I was the security in 10 DS, I would nail down everything of value when they start packing .
His psychology seems to go along the lines that he can follow the Pres. of USA in pouring money into the economy to sort it and it aint working so his tiny porridge addled mind says to him "Do not worry, we will not have to bother ourselves as the next Gov. will have to sort it out as it will be a nice legacy from me".
To finalise rationally your post, I do not think that the EUs brainwave of moving the financial centre to possibly France or Germany is a bad idea as this shower of clowns have not got a clue how to handle these bankers,who must have had a cracking Xmas with their illegal bonuses.
Finally, It may not be a bad idea to go into the Euro money system as our currency is in total meltdown!!!!!!!
End of sermon.