"The accountants BDO recently estimated that ‘zombies’ could account for as much as 12 per cent of the British economy. Other estimates have put the total as high as 20 per cent. One point is certain: it is a lot. We are just starting to see the impact of a return to a ‘normal’ rate of interest on the economy. It is already clear that there will be a wave of collapses, and Wilko will just be the first of many. The economy might well be in better shape once the ‘living dead’ disappear, but there will be a lot of pain as they collapse. "
Think we kinda get it, much depends on how the BoE tackle things and to be honest I'm not impressed thus far. Too slow to react to inflation. China deflation ...contagion?
Oh yes, Argos resources.....PMSL. Whatever next, so you little falker, you've been expecting worse, far worse, yet you only placed a SB order for 39.5p yet , then cancelled it becuase
LTI "really? - hadn't noticed your often posted trades at the time""
I suspect lots of posters trade, sell 'n buy, go short 'n Long and don't post about it, they probably do not know it's in the LSE rule book....oh guess what, it isn't!