Dear MEL
Topic Readers,
London
vacations are dirt cheap. Thanks Brexit!
Brexit. Good
news or bad news?
It seems like
a great opportunity for those who are going to spend money in the U.K., as the
British pound fell to its all-time low since 1981 overnight. You can save
between 10 and 15 per cent on everything you buy or spend depending on which currency
you are converting. For example, you could see the queen’s palace at US$95 now,
which was $111 before the referendum.
It’s bad news
for those who had invested in the U.K. before the referendum as the value of
the investment declined according to the devaluation of the British pound.
Who is the
biggest saver? Mr. Masayoshi Son, who recently decided to purchase the UK’s microchip
giant ARMS group at 24 billion pounds. How much did he save?
Enjoy reading
and thinking if you set the U.K. for your next vacation destination or investment
option.
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