It's all swings and roundabouts. If the pound loses value in the medium-run, foreign investment in the UK will increase. Brexit, if negotiations are acrimonio

It's all swings and roundabouts. If the pound loses value in the medium-run, foreign investment in the UK will increase. Brexit, if negotiations are acrimonious, will be worse for the EU than it will be for the UK, so I don't expect much of a long-term shift in the GBP-EUR exchange rate. Outside the EU, the UK can make itself an even more attractive place to do business, no longer hampered by EU laws and regulations. In any case, I think Brexit will be curtains for the current incarnation of the EU. It will either have to reinvent itself significantly, or collapse and be replaced by a new union.