Its just information… from various non obvious sources.
Obviously no deal would be bad for the UK and Germany but in terms of German GDP its a fleabite to their economy as a whole but could prove very bad for those individual businesses with big operations here.
Gave you something new to discuss..
If the £ bounces back substantially at any point that would probably adversely affect tourism and the FTSE
"Various non-obvious sources", you know folk on here will ask for a citation.
My guess is that they came out of "Farage Weekly".
The wording and slant seemed to give it away somehow?
And without a concrete citation I am allowed to guess.
The weak pound surely helps bring folk in.
But it's not the only factor.
I have neighbours that rent a holiday house. It's pretty upmarket and their bookings were down on last year.
Anywhere perceived to have high criminality will also suffer reduced trade. Ditto poor overpriced "cuisine" and dirty toilets.
So a good currency rate is not the only factor.
Good weather helps a lot too, especially in the camping and caravanning sectors, the decision where to go can be very short term.
A recovery of the pound would give beneficial effects like checking inflation and therefore keeping interest rates lower.
Imported materials get made cheaper.
Though it's less good for someone earning a bit of foreign currency.
Still the sun's a plus.
FTSE isn't the be and all of everything for many of us. Money made there don't seem to trickle down much.