Re: Even here at the bottom end it's a mess
The contracts are in Pounds!
Currency exchange rates are always volatile, look at past experiences with the ERM, Lehman Bros, Nick Leeming, etc. You signed contracts in GBP when you have costs in EUR and didn't hedge, which was unwise. 20/20 hindsight is easy, of course, but if I were you I'd get some serious financial advice before the US presential election comes along in November.