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Mark I'm not sure if it will be as bad as last time. We all somewhat expected the lockdown.
I suspect no update on re-lending until the half year results. this will allow time to absorb the new lockdown.
Each element of stimulus Furlough & Job support scheme creates uncertainty as we know mass redundancy will follow the end of these schemes. Then I think the economy will take another 6 months to reboot. However this current process of lockdowns just simply won't work because we are not NEW ZEALAND. Last lockdown airports stayed open and no testing so we imported more Corona so it's bonkers.
Plus a point on masks , I'm in central Asia and it has been mandatory to wear a mask everywhere even in the gym and i still picked up Corona somehow.
seamus although not impossible , its very rare to get it twice , 38m world wide cases, 23 confirmed reinfections . how long the immunity lasts for is like asking , how long is a piece of string .
I'm not, more beer needed.
I'm with you on all things mentioned!
Viking l'm a couple of wets in here with the rugby....just blowing off steam.
A run on them? Business will be booming then....surely people need a high interest loan to smash in an Amazon xmas
Blue' ----- You wrote " Better get some good news out before Thursday....eek " . I had heard there had been a, run on them !!! ;-)
Tradeuk. Managed to get 10 crates of beer. Few I’ll be ok now for a month :).
Better get some good news out before Thursday....eek
The whole market will go down, that's inevitable, potentially
Question is what will be effected the most and will a restart in lending fend off a potential drop?
Looks like Tier 4 until 2 December, starting on Thursday. The local lifting posting 2 Dec. All pubs etc closed, nonessential retail etc school open
Breaking news - England wide lock-down for a month
Mark, you got a spare tin hat ?
yep :)
Big win and then a nice tight low scoring game will do
HH
I think my best suggestion would be to use private sector more, Maybe hand over more cases
I was speaking to BMI a few weeks ago and private sector are now offering services at cost during COVID. During the last lockdown they were taking COVID cases in some parts of the UK but in others their ICU wards were empty while the local NHS hospitals were at breaking point. I know a lot of ophthalmology cases has been transferred tp Private in the Lincoln area.
Sounds Risky
Someone forgot tell BoJo the clocks changed last weekend
HH
How does the NHS treat COVID the flu and keep up to date with their day job ?
I don't have the answers :(
Pushed back to 5pm now.
Mark, haven't you heard what the announcement is ?
Rishi to confirm Government to become the guarantor for those that need a little help to see them through winter
Amigo loans to be the provider :)
Another weekend another potentially disappointing Monday.... tiresome.
Bojo on at 4pm see what shakes out then!
Hi All
I could be wrong but I personally think we will need to learn to live with COVID as we have with the flu
A vaccine will no doubt help but the virus is mutating quickly, plenty have had it twice and a few have died with the second round they caught. Part of me thinks protect the vulnerable and let the rest crack on, part of me thinks total lock-down and protect the NHS over winter, And that's back to March type, closing a few pubs and betting shops will not make the difference needed, who the hell really knows ?
In Tenerife you can be fined 600 Euros for not wearing a mask while you are out doors
Whatever happens I think Amigo should restart lending and if they do we'll see a good rise whatever the marketing are doing. Lets face it there will still be millions in work and banks will no doubt be tightening their requirements to lend as they did after 2008 for a while.
I think we will be ok but the time it takes will now depend on the outcome of lending and how much the FCA allow people to take the puppy piddle with their have a go claims. I still think it is time to put some blame on CMC and make them adhere to certain rules and assessments before submitting a claim, including telling the claimant they could be investigated if their claim is deemed fraudulent as lets face it, that is theft but that seems ok according to FCA
I'd also be topping up if I had spare funds
GLA, stay safe and don't forget "drink-eat-be merry" I may be getting BoJo's and Farther Xmas messages mixed up :)
The whole market is gonna dive if another lockdown is announced! I don’t think many people realise just how much damage is being done to the economy the ftse going sub 5000 is a very real possibility.
The only shares that will buck the trend are the Covid plays out there Ncyt, Odx, Vela etc I’m in one of those three, all the financials banks insurance loans etc will dip and it could be a pretty savage week imo.
Tin hat time!
Yes, MriG, entirely possible and I’d be more than happy if that’s the way it goes. An announcement of end of the month lending would be great. I do suspect a Vreq extension. Monday will be interesting, but no doubt full of opportunities also : )
Absolutely topping up if we see the 7’s!
50/50 really can’t call it. I think there might be a small extension with confirmation of an expected relending date at end of month. Think we have seen some great research by the guys on the complaints awaiting FOS. So the slays will not be amigos issues. So a very targeted work clearing the backlog. But let’s see
Sounds risky I agree but most stocks on Monday are going down because this.
I’m topping up if this hits 7 again