| huwevans |
| (Old Hand) |
| 25/04/2008 17:35 |
|
Re: Up to 30% UK Price Increases
|
Actually there does seem to have been a small rebound this week - about 3c. - presumably suggesting that the markets have some degree of confidence in the Bank of England's £50 billion bail-out plan. However, I would think that any more substantial recovery will take some significant time, so the effects of the present realignment of Sterling against other currencies in general will be with us for a while.