I just got this email from Classic Hand Tools, a great English tool seller–the crashing pound is going to mean large price increases. In their own words:
Our new mob in control in No.10 have tried something radical to boost the UK economy. Only time will tell whether their gamble will be justified. All we know is that the pound has tanked a massive amount and big price rises are now on the very near horizon for your premium hand tools. We will do our best to be as skinny with margins as possible but that won’t stop prices increasing soon. We have been saying this for a while but we didn’t expect the pound to be hammered so hard. Luckily we have got reasonable stock levels on many lines but that won’t last too long.
Classic Hand Tools
I have an Ashley Isles turning tool on the way already, but I will scour the inter webs to see if I need anything else, although truthfully, I have almost reached the point of Maximum Tool. I suppose there is always good old fashioned hoarding.