The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Just looed at NWG there share performance has been one of the best banks so far, the Divi only just paid and back to 270.I bet every one wished they held NWG rather then this donkey
NAT WEST 😍 lovely jubbly.
Donkey Lloyds shows signs of just jubbly, but One day Rodders 🤑 One day.
Mortgage approvals for house purchases hit a 17-month high in February, in what could be a sign that the property market is bouncing back.
A dip in mortgage rates since the summer has seen mortgage approvals rise for five consecutive months, according to Bank of England figures.
Skier - 100% agree. It was effectively a 30% hit to income and so a massive devaluation of the UK shares held by pension funds and that devaluation played a big part in the demise of final salary pension schemes as well as the damage to the UK stock market. The huge damage to pensions may well outweigh any benefit to the government from the corporation tax grab but too late now to reverse it I suspect.
The evidence is clear. The tax on UK pension dividends -- started in 1997 (and beyond) -- has destroyed the London stockmarket. London plunged from the world's 3rd largest market in 1997 to an insignificant 11th in 2024. Global investors are highly tax-sensitive, highly finance-savvy, and highly mobile. They can go anywhere. The money has flown to New York. Anyone who thinks dividend or CGT are "just a little tax" are what is known in the trade as a "useful idiot".
My remark related to those who are working.
However, as you mention those single parents, who are on benefit.
Most probably they are better off on benefit a lot of the time if the only option was a low paid job.
No way they could afford childcare when they are off working. Only option would be for relatives to take care of the kids.
I am quite sure there are many folks who are quite happy to remain long term on benefits, they get paid to do nothing and all their time is their own.
"Not sure how a single parent can even survive financially these days."
Those who have never been married and are not working and on benefits having chose that as a lifestyle seem to do OK.
Really expensive to have kids these days!
In most cases you now need both parents working.
Not sure how a single parent can even survive financially these days.
Hardup, yeah you are right and is reason I am using ISA allowance. Its just the general way Gov keeps at us for more that gets my goat. Work hard over pay to much tax = why work hard. Is this not why Britains productivity has fallen? Council taxes up, car tax up etc. Could it also be why our birth rates are falling? People chocked with tax that both parents have to work?
Anyhow sorry for the negative posts. After 40 years of hard work still see Gov trying to get more get my back up. GL all.
SP now through 52p
Buybacks just warming up
Positive SP trend established now.
The trend is your friend.
GLA
Hopefully 52+ will stick by the end of the day . Surely all the 52 ers have sold now . Onwards & upwards but another good day for NWG as well so far
Hoping share price will get a rise 6th to 10th April inclusive when new ISA year starts and income investors wanting the Lloyds dividend will invest before ex-dividend date.
What is going to make this move or is the overhanging car finance scandal holding this back??
Buy Buy Buy
Come on make my day Buster :-)
"Following your slightly inaccurate info , now you got a stropey on again."
My info was not "slightly inaccurate". You should read others posts before jumping in feet first. And it is you who is getting a stropey on as evidenced by your last post.
Bertram
"Moving my holdings into a share ISA but again the Gov collect duty on purchase."
Stamp duty is 0.5% which is a one off. So if you invest your full ISA allowance of £20,000 you pay £100 stamp duty. The tax you will save every year thereafter on dividends though will be far greater than this so it is worth paying that small amount of stamp duty.
1 x £50
Nat West & ulster Banks was just an informative post. Following your slightly inaccurate info , now you got a stropey on again.
Hi prime time, :)
My initial question was which banks pay a decent interest rate but without the delays of four days that I am experiencing with HL. Thank you to those that have replied re licenses and yes I hope that I have checked them all correctly.
@bertram if the government didn’t take taxes on stocks we would be paying it elsewhere ie vat, car tax etc. they don’t want to tax the ultra wealthy or large business in case it hurts donations to their political parties.
Over last years Gov is taking a greedy tax amount from dividends. Now anything over £500 in divi is taxable. Over £4k a few years ago. Moving my holdings into a share ISA but again the Gov collect duty on purchase. Come to conclusion why the UK stock market has stagnated over last decade is due to Governmental stealth taxes on stocks. In fact bodes the question, Why invest? why risk capital to have any reward pilfered? In fact why work hard only to see your efforts stolen by a greedy tax system? I think this is now why the UK is lagging behind other nations in productivity. The country atm is going backwards. Government doing everything the people do not want and doing nothing the people want. If the present lot of politicians are the best we can do then we are in the ...., sorry trouble. Rant over.
He or She has a lot of money if your a she are you single ? :-)
As i am ;-)
can we meet for coffee
"Nat West & Ulster Banks same Banking Licence. "
Where did you pluck Nat West and Ulster Bank from? 12Roses has not said he/she has accounts with either. 12Roses has already said that each of the accounts he/she has have separate banking licenses so I read that as he/she has already established that he/she will be covered for each account by the FSCS.
Thank you
Thank you