So what industry do you work in? What issues will it face, do you know? Or are you retired? If so do you have a DC pension invested in stocks and bond funds? How long will it take to work out? How many people will lose their jobs in that time? If they do lose their jobs who will cover their mortgages?
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I work at the coal face (as Schmee refers to it). The industry is global as is the company I work for. I even lost my management role a few years back because the European HQ in the UK was moved to an Eastern European country where EU incentives & cheaper labour costs made it a more attractive proposition.
Yes I do know the implications of Brexit & our MD has reassured us that matters are in hand & we are ready for Brexit or non-Brexit come 31st October.
Yep got such a pension, it will probably suffer. Not sure what you mean by 'work out'...I can keep tabs on it's performance & monetary value pretty quickly & easily. When I lost my job (twice in 5yrs as it happens) my wife & I slaved & used savings/redundancy payments & had to 'make do' to pay bills (a bit of positive thinking employed there see?) - & we got through it. Now spare a thought for the many that have over time, lost their jobs because of EU cheaper labour, eh? No different for them is it?
Oh - & 7" Mr Nosey!
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