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This is Money Podcast

It was a historic moment — Britain is leaving the affordable goods market

31 Mar 2017

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It was never about economics. But 52% or the 72% turnout voted for the UK to leave the European Union last June and now it’s official. Prime Minister Theresa May has written and delivered a letter that gives the country just two years to renegotiate tens of thousands of laws that took 40 odd years to draw up. It’s about taking control, she said, without expanding what that might mean. In the absence of any credible positive analysis from the 'Leave' fraternity, please allow Simon Lambert, Rebecca Rutt and Georgie Frost to have a go at explaining where our economy now stands. The vote to leave the EU hit the pound immediately and that is likely to continue. Prices of just about everything are rising and are set to rocket. Five percent this year may not sound a lot but cumulatively, petrol, travel, clothes and food make up a lot of what we buy. But on the plus side? Also on the show Britain is in debt, nationally and personally at record levels. Should we be alarmed? The new pound coin is now in circulation. Is it really impossible to forge? What does investing post-Brexit look like? Investing overseas most likely. How much do you pay for a decent bottle of wine? Enjoy.

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