Just before the Royal celebrations and while many were topping up their tans from the mini heat wave the UK experienced over Easter weekend, there was another reason to be cheerful; the UK had avoided the dreaded double dip recession.
It’s not rocket science to work out that if the exchange rate drops from $1.95 to $1.45, if you’re converting from one currency to another, then somebody has to be disadvantaged if prices don’t go up by the corresponding amount.
I'm not a great watcher of pine cones and I don't have any bunions, itchy or otherwise, but apropos of nothing, I have a hunch that this summer will be a bit of a scorcher.
