I shall tell that to my colleagues ( and possibly myself ) when the names are announced.
By low cost, I'm including Poland, Hungary etc. All produce some excellent people, and much cheaper than here.

Perhaps you never noticed, Switzerland takes time to change, it's not generally a first mover.

Still looks like Sterling took a kick in the teeth today.

http://www.xe.com/currencycharts/?fr...to=CHF&view=1D

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I am amazed there is any surprise, stealing will be very weak for the next 3 years , however the UK & the £ will be riding high after 5 years of freedom.

German solar cell's producers said the same thing about the Chinese competitors some years ago.

India will be a strong threat to IT companies on high cost locations in the near future.

Because of the mess that those socialists are doing to the EU I really thought Brexit was a good idea to the UK... Now I am not so sure... UK was in the best of both worlds: did not adopt the stupid Euro but had free access to the mainland market. My main concern is that the Euro bureaucrats will try to "punish" the UK with no free trade and will screw up themselves too.

This is Friday! Isn't it?

I am quite happy with a no trade agreement if that's what has to happen for the EU to kill itself.

For the moment it makes British classic car parts less expensive. (I know, I really should get a life.)

In other news, first images released of design for new £1 coin.

Well thats about the size of the British Automobile industry these days a few small factories building replacement parts for peoples old Austin Healys or Robin Reliants.

Ha, you have to laugh at the feckwits who voted out, they have stitched everybody up including themselves. I don't think the pound will be strong again for a very long time or ever as Britain doesn't really have a great deal to offer the world anymore.

Funny thing is the Brexiters thought if they left the EU they would be dictating the terms of business, but actually its quite the opposite. It will affect Switzerland too as there isn't going to be any more niceties to those that chose to stay out in the first place. Nationalism is a sick thing.

http://news.sky.com/story/flash-cras...stery-10608056

Currently CHF 1.21.

Paraphrasing "The Washington Post"

Theresa May bragged about Britain being world’s 5th-largest economy. After her speech, it dropped to 6th.

This hurts more and more, to some of us...

I've just explained to someone in London that the maximum unemployment benefit here (RAV) is now equivalent to an £80k salary.

How did that work out?

If you have children it's even more

So a 20p is worth £1 now? Means I'm rich!

So just before Y2K... I was back in London on 4 figures a day back then. You probably picked just about the worst date to compare to. The UK rates have changed a lot since then also.

I don't laugh at those who voted out any more than those who voted stay. If anything I laughed at the feckless ones who thought "out" would have no immediate, transitional, or long term negative effects, the same as I laughed at the stay voters who seem(ed) to want to refuse to recognise what appears to have been a properly counted democratic vote.

I don't know what the long term consequences of Brexit will be. I suspect that they will be a mixture of good and bad. At issue is how the good and the bad concentrates on any one subgroup of British society. Membership in the EU didn't affect the distribution of consequences as far as I can tell, I suspect non membership will affect it in just about the same way with one possible exception: Post Brexit politicians will not be able to stand aside and imply or let people think that their woes are the result of some outside group interfering in the nation's affairs. In that sense nationalism is not really that sick a thing, insofar as it says "As a group we are responsible for our own fate, and if we falter it is because some of us have gained enough power to lead us down a false path.".

Hopefully Brexit will turn out to reduce the prevalence of positions which start from "We are unhappy and it is someone else's fault, and there is nothing we can do about it without extreme measures." Even when this belief is true it generally doesn't help bring about positive change, because, amongst other things, it can lead to a particularly sick and dangerous kind of nationalism.

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If everyone you know agrees with you consistently, they are either not listening, or not capable of critical thought.