What people do is entirely their own business, I simply reported on five years of very substantial, for me, investment in RBS which in hindsight was misguided. My change of direction since January has proven that significant gains are possible. Also, I still have a substantial holding here, indeed RBS still has my highest investment though only 10% of what I first put in. My original beliefs are still there, ie: that one day there must be a fantastic gain, but after five years and recognition of the ageing process I had to decide on action instead of patience. The next year with the General Election ought to bring the SP to £4 and beyond but whether I stay with it and wait for that or increase my holding will rest on day to day successes elsewhere. As far as the Barcs thing is concerned I acknowledged a simple error and acted immediately you brought it to my attention. It is possibly the smallest mistake I have ever made. I have thanked you for bringing it to my attention and don't need to be pilloried for the rest of time.
Housing - it seems to me there is too much Govt interference. If the Govt keeps its attentions on maintaining law and order, and ensuring public services are balanced with the needs of the population the market will do the rest.Re UKIP - there is little doubt that the level of immigration, illegal in particular, is a major concern all around the Country. The problem most people have is finding the acceptable words to express their concerns so the ballot box may well be their easiest way. General elections rarely attract the turnout we might expect.
It is not that I have to worry... there are many others in that position
Just posted as point of debate as things are very quiet lately....
UKIP did do well today.... I wonder if .. the public are really that fed up with main stream parties to follow the same intention of voting today in the election next year.. if only to start in a small way..
Mind you the turn out in Norwich was only 38%...
Voting in the past few elections now seems to be only an interest for the minority...
Barclays has been hit with a £26m fine after one of its traders manipulated the setting of the price of gold in order to avoid paying out on a client order. The UK Financial Conduct Authority on Friday said it was imposing the penalty on the British lender after the trader, Daniel James Plunkett, sent out a burst of orders aimed at moving the price of the yellow metal. The behaviour occurred just a day after the bank paid £290m in penalties and became the first institution to be fined in the sweeping Libor and Euribor rate-rigging probes
The trouble is that the homeless may well be increased by unaffordability from others in coming years.... Great Yarmouth like other areas seem to have holiday accommodation changing to all year use by low income people having rent assistance paid on benefits..
I thought that councils were supposed to use the cash from the sale of council houses to sitting tenants to build new houses to rent. The bed and breakfast stuff is that not just for the homeless - quite strict eligibility criteria there so cardboard boxes all round I think or the good old model lodging houses will make a big comeback.
Question...with a future increase in the population and some reports of 5 million extra by 2030.
So with not enough houses for the requirement of the current population if affordable and many are not...
How will the problem get solved or will it just get worse as affordability ebbs away to more people......
Will it mean and more 3 bed house have 4 to 8 people living in them. or a reversal to rebuild high rise tower accommodation blocks everywhere or more councils paying for more bed and breakfast accommodation.. And when interest rates rise.. probably after the next election it will no doubt will create more housing issues.. and not forgetting Renting is now also now becoming a growing unaffordable problem in some areas..
What are your thoughts......for the housing future ..
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