By David Jackson
Expats living off their British income are lamenting the passing of the previous year’s boom, but so far are not noticing too much of a change.
Sterling is stabilizing after the Brexit tsunami, and for the past week one pound bought you an average of €1.19, higher than during most of 2008-2014. The difference has worked out to be around 10 euro cents in the pound since before Brexit. Sterling reached a peak of €1.42 last November 2015, and since then had been slowly falling.