Business news with JRA : Pound still falling against Dollar

ok it reads 1.47 'cos I was slow finding the picture.

ok it reads 1.47 'cos I was slow finding the picture.

We never thought it would seem like we’re running a financial website but at the moment it feels like we do more sums than bike stuff.

We have reduced VAT to 15% this will reduce a £100 item to £97.90.

The pound is still falling against the dollar currently $1.45 to the pound, and our prices may rise with the next shipments of both NoTubes and Industry 9 up to another possible 17.2% (the exchange rate change since we last calculated prices) so your £97.90 becomes £114.74.

Suppliers are also raising prices and Maxxis stock will be put up in price next week with DH tyres going up the most by up to £8 and XC tyres less so. We regret we can not do anything to hold prices if the pound keeps falling.

The bottom line is don’t delay your purchases.

15.12.08 UPDATE: New Maxxis stock is in so the prices of all tyres are due to go up this week … when we get round to it…

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