2 things city not happy about, first, the ppi no end date, second, 5% discount for sid. But today, some signs that end date will be set for ppi, so SP ALLOWED to go up, which if it continues, will ALLOW gov to sell more shares (above 73.8p). The city sets the SP, so if somebody else says the SP is 5% less, then the confusion is, what is the REAL SP. The city are the MASTERS for setting the SP, and they do NOT like somebody else (gov) discounting (disrespecting) it. This is my guess, I don't know if it is correct or not.
end of ppi claims some time in 2018, warning of ending campaign to be set up, campaign would cost 42.2 million pounds, paid by 18 lenders over two years in proportion to their level of PPI complaints. ($1 = 0.6627 pounds)
When interviewed Chote stated it was very difficult to be accurate , could be up to 50% wrong in either direction but the point I was making was that Osborne must have been aware of these figures for some time . Subject to his own hubris . He's devious . Nite, nite ....definitely , lol.
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