So the £1 is worth 1.20 Euro, well that's great except it's not is it.

Just 3 weeks ago it was slightly over 1.30 Euro and thus everything we import now will be approximately 8% more expensive than it was just three weeks ago including food together with all the other goods we import from Europe.

Who does this hit the most ............ well it affects us all to an extent but it does affect the people with less resources hardest as they have no surplus wealth with which to pay the increased costs.

But I'm sure you will say that is their own fault.