Dropping Pound
So, anyway, about a week ago I went to the bank and presented them with a check from my share-trading account in the U.S. for a pretty large sum of money (tens of thousands)... This was so I could convert the money to British pounds and take advantage of the recent drop in the exchange rate before it possibly goes up again.
They said, to my uninformed surprise, that it takes a few weeks. A few weeks??? I kind of thought it'd take a day or so, but no. ANYWAY, that's OK right now because the Pound looks like it's continuing to fall. They can take as long as they want to as long as the slide continues downward. They use the exchange rate in a few weeks, not on the day I handed them the check, in other words.
I just hope it doesn't go up before it all happens. It's about 1.3 £ per $ right now...
Related to this, it looks like Theresa May is going to be our next Prime Minister... after a leadership contest, the other of the two remaining candidates has dropped out... I think I kind of like May. Seems like a no nonsense hard worker. David Cameron resigned, as you probably know, but will remain in office until October. Then the Brexit debacle will need to be sorted out between Britain and the EU...
The Labour party is also in disarray, with Jeremy Corbyn having trouble with the Labour MP's... He's still popular, I take it, with the Labour voters, though. I kind of like him... He's a socialist... and I hope he doesn't get pushed out by the evil "New Labour" Blairite MP's which are just the Tory-Lite party...
They said, to my uninformed surprise, that it takes a few weeks. A few weeks??? I kind of thought it'd take a day or so, but no. ANYWAY, that's OK right now because the Pound looks like it's continuing to fall. They can take as long as they want to as long as the slide continues downward. They use the exchange rate in a few weeks, not on the day I handed them the check, in other words.
I just hope it doesn't go up before it all happens. It's about 1.3 £ per $ right now...
Related to this, it looks like Theresa May is going to be our next Prime Minister... after a leadership contest, the other of the two remaining candidates has dropped out... I think I kind of like May. Seems like a no nonsense hard worker. David Cameron resigned, as you probably know, but will remain in office until October. Then the Brexit debacle will need to be sorted out between Britain and the EU...
The Labour party is also in disarray, with Jeremy Corbyn having trouble with the Labour MP's... He's still popular, I take it, with the Labour voters, though. I kind of like him... He's a socialist... and I hope he doesn't get pushed out by the evil "New Labour" Blairite MP's which are just the Tory-Lite party...