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the drop in sterling has been hugely beneficial for the UK. https://www.theguardian.com/business/2016/oct/16/let-the-pound-fall-and-the-economy-rise …
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Yet the opposite was true at indyref . That's convenient .
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my position always been drop in sterling required to alleviate the 'Dutch Disease' from the strong financial service sector
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So indyref would have had the same result ?
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Yep, the indyref would have, but not so pronounced.I was long on £ when the results started to come through for No.
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@NicolaSturgeon@BBCNews yay! Higher inflation,lower wages predicted job losses, £ falling and £b on WMD! What a union to be in - 1 more reply
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Still a whole 1% off its "official " target. No doubt you'll still spin into a Brexit doom story though.
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Brexit supporters can have no argument when inflation & prices rise, salaries don't, their holidays get more expensive
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I wonder if the BBC will remember the gov target of 2.5% ? No, it's more Brexit doom-mongering.
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Who should I blame for this Brexit or Trump?
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damn Labour government
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@NicolaSturgeon@BBCNews Nooooooooooo!
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What would happen to those figures if they included housing inflation?
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good point, and what would happen if we filled the 650,000 empty homes in the UK?
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There is no answer currently. The way inflation figures are calculated by gov't is a lie.
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