Stop spending and save inflation…

Wow – the pound is having a good day. Just gone through the $2 barrier… As Iain questions in his post is this a good thing?

 Certainly is if you are planning a trip to a $ economy? Probably not such good news for our exporters though – UK goods are starting to look a little pricey…

 As commentators on Iain’s post point out – history tends to have a way of repeating itself, so fingers crossed our interest rates don’t spiral into the twenty percent territory.