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In Reply to: Did B&W sell out just in time? posted by 4everyoung on June 24, 2016 at 03:21:40:
I don't see how Bowers and Wilkins would be either helped or hindered by this change of events, as they were a multi-national company before and now after the Brexit.
In the short term the pound will fall (probably a lot) and British goods (that do not face high import tariffs in overseas markets) will be cheaper.
Long term I think the Brexit will deeply hurt British exports (what remains of them) though.
England (with Scotland, Wales and possibly Northern Ireland becoming independent) will most likely become more of a service and tourism based economy than is already the case.
A vacation in sunny-not England might end up being cheap for Americans and Europeans, but English subjects will be stuck at home.
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Follow Ups
- RE: Did B&W sell out just in time? - layman 07:20:05 06/24/16 (1)
- British exports to North American & Asia will be helped, not hurt - Feanor 05:03:41 06/25/16 (0)
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