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tim... tim... is offline
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Default [EU] budget implications



"charles" wrote in message
...
In article ,
whisky-dave wrote:
On Thursday, 19 January 2017 11:18:05 UTC, Dave Plowman (News) wrote:
In article ,


The fall in the value of the pound has already cost us more in
increased import costs than any net saving in EU contributions after we
leave.


What do you mean by we ?


Apple have biut prices up on teh app store by 25% for the UK but as I
havent; brought an app surely it will only cost those buying rather than
the whole country. You'll notice that they say it;s due to BREXIT but
this doesn't explain why they put the cost up by 33% in india and 30% in
Turkey is this all because of BREXIT too ?


You've missed a step. The rise in Apple's prices is becasue of the fall in
the value of sterling. This appears to be because of Brexit. For India &
Turkey, the rise is due to the fall in their currencies against the
dollar.
No Brexit connection.

You might not by Apple's products, but you will probably buy other goods
made or grown abroad. These are also creeping (or jumping) up in price.

Could you explain this because I can't but that's what we're told.


https://www.theguardian.com/technolo...llowing-brexit


what I don't understand about all these "horror" stories about how this 18%
fall in the pound is affecting prices

is why we didn't see the same stories in the press in 2008 when the pound
crashed a horrendous 40% (1.45-1.02)

yes 40% - more than twice the fall this time

yet not a squeak there was

tim