A Period of Uncertainty – The Pound in your Pocket

 

 

Many questions, what are we all thinking.

If the pound continues to be weak, Brexit could boost exporters, but it would mean higher costs for companies importing raw materials and British travellers abroad.  House prices could fall, or at least rise more slowly than expected, which many would say would be no bad thing.  However, higher inflation could cause the Bank of England to raise interest rates if we had emerged from a short post-referendum recession, which would push up mortgage payments.

 Definitely a period of uncertainty.