Benefiting from Brexit: Taking advantage of the weak GBP
While at TestLink we think that Brexit is not a good idea those who are trading in Euros or US Dollars have the opportunity to take advantage of the benefits of a weak Pound.
At the time of writing, the Pound currently equates to €1.19 and the US Dollar to $1.33 – a near 12% decline from 23rd June when the UK cast its vote.
This means any products purchased from the UK can be acquired more competitively. The advantages associated with the EU’s trade policies remain unchanged during the transitionary period. It would appear that nothing will change over the course of the next 2 years.
There’s never been a better time to invest in purchasing goods from the UK as the abnormal descent in value means you can simply get more for your money.
Not only does this enable your company to save money in the short term, it also allows you to extend existing budgets and invest in alternate areas of the business without affecting profit margins.
Our remanufactured ATMs also have the potential to provide cost savings of up to 70% off the price of a new model – a figure which has risen even higher than before due to changes in exchange rates.
Get in touch with TestLink to find out how your business can benefit from our extensive supply of parts and professionally remanufactured ATMs by clicking here.