BRITAIN WILL COME BACK!
That was the prediction of several visitors from the United Kingdom in response to the view that their country’s fragile economic state could discourage tourist arrivals to Barbados in the wake of Britain leaving the European Union.
The weakening of the pound sterling occurred immediately after the UK voted on June 23 to leave the EU after more than 40 years of membership. The pound sterling is now worth US$1.34 – the lowest since 1985.
Fears of the referendum known as Brexit and its possible ripple effects were expressed by many leaders in Barbados, including the presidents of the Barbados Economic Society, Jeremy Stephen. and the Barbados Bankers Association, Glyne Harrison.
Please read the full story in today’s Sunday Sun, or in the eNATION edition.
