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27th June 2016
07:45am BST

"Britain is ready to confront what the future holds for us from a position of strength". "Britain has the strongest major advanced economy in the world... I said we had to fix the roof while the sun shines – and thank goodness we did."For everyday people, a weaker pound means you can buy fewer dollars, euros or other foreign currency making buying goods and services abroad more expensive. On Friday, pound dropped 7 per cent against the euro to €1.2085, with the European currency also falling 3.3 per cent against the dollar. Many economists had predicted the pound to fall in value, as well as warning that the markets could suffer, and the housing market could lose up to 30% in value. Instability is to be expected after such a huge decision, and not necessarily a cause for concern, but if the housing market suffers in the way some experts have predicted, it could have long-lasting implications for homeowners. There were some pretty grim reactions about the pound on Twitter... https://twitter.com/PennyRed/status/746223522645606400 https://twitter.com/ScottGShore/status/746223424507248642 https://twitter.com/trimbae/status/746234514494525440 https://twitter.com/DavidKeo/status/746220089708445697 https://twitter.com/DMReporter/status/746222519770767360 https://twitter.com/Radicalshay/status/746234580403793920 https://twitter.com/thetuskenraider/status/746234538288812033 https://twitter.com/Thirrant/status/746234524611182592
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