We’re not so much at a fork in the road for Brexit as a multiway crossroads – and absolutely no-one can predict which path the UK will take. The Conservative Party’s leadership contest has now reached thirteen nominations, with seven days still to go for anyone with two supporters to declare. The nominees run the gamut from hard Brexit to soft Brexit to no Brexit, ‘people’s vote’ to confirmatory referendum to no referendum – and anything in between.
The EU says there will be no renegotiating, but Ireland’s foreign minister, Simon Coveney, told journalists that ‘that doesn’t mean the Brexit package can’t change’.
Meanwhile, we’ve got a YouGov release putting the Lib Dems ahead in the polls, an Opinium on putting the Brexit Party ahead and one from Deltapoll putting Labour in the lead.
It’s a case of ‘seek and you shall find’ with any opinion and any viewpoint on Brexit.
The only thing you won’t find is consensus. And that can be worrying for anyone making an overseas transfer: no-one, not even the banks, can tell you where the markets are going. So should you hold off your plans?
Absolutely not! There’s a simple solution: plan ahead, such as with a forward contract to secure a fixed exchange rate, and remove your money from the risk of the live markets. No matter what happens, whichever path Brexit takes, your money will not be affected.
So call your Personal Trader today on 020 7898 0541, arrange the right solution for your transfer – and sit back and turn the news off.
