Lenovo: Our gear will be 10% more pricey from 1 August Lenovo has confirmed the price of its hardware is going to get more expensive in the UK from the start of next month. It is the latest vendor to react to the downward swing in the value of the British pound vs the US dollar. Confirmation of the double digit price hike – seen by us – was sent to channel partners late last week …
Well, I hope the uk staff are all expecting 10% pay rises too, based on the same that everything here seems to have gone up by 10%. Hello high inflation...here we come.
Seriously, we are really back to rip-off Britain all over again. Well done brexiteers. Looks like we really are going back to the good old days as you all wished.
Still, eventually I suppose we have to start making stuff again because market forces will make it economical again. That all we will all end up using raspberry pi's because it's all well be able to afford. At least those are made in the uk! (Yay!)
You mean IF it recovers. It would probably fall lower if there wasn't a fair amount of doubt whether Brexit will even happen. If they follow through and serve Article 51 notice, I expect the pound will drop another few percent. If they announce there will be a vote of Parliament over serving the notice, then it will jump up, especially if the vote fails as one would expect.
Then you get to deal with the mess from Brexiters who weren't aware last month's vote was not a binding referendum, but at least the pound would be back to where it was before (and you can see how long before HP, Lenovo etc. drop prices back)
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