IS ANYONE ELSE REALLY WORRIED ABOUT THE EXCHANGE RATE?

I wouldn't say worry as it is something I can influence.
I plan for parity Sterling / Euro in the not to distant future.

I use and used currency forward deals (12 month) to take any fluctuations out of larger sums I knew or know I have to transfer.
I works by fixing at a certain point e.g. 1,15 and buy forward e.g. 100.000 Euros 20% payable and transferred immediate, the rest within 12 month.
Thus I knew when buying and renovating a house the budget incl contingencies for the first year would cost me x Sterling regardless of what the fluctuations where.

It's not a good deal if one thinks it may go up - but will it ever again?

Martin

PS Smaller sums are possible as well but wire transfers may have to be taken into account.