Member Info for Darth.Trader

It will only recover when the UK is fully opened but with the Gig's, Events, Theatre the Arts etc still not able to open then the knock on will effects will be massive and continue to hurt the economy. Have you guys got any idea how much this brings to the table... the contribution is huge.!

..for first time in 11 years.

and with all the job loses, defaults still to come, the figures will bot get better.....

Chancellor Sunak considering delaying his Autumn budget.......

FORECAST FOR THE WEEK AHEAD: KEY DATA DUE AS MOMENTUM FADES...

https://www.dailyfx.com/forex/market_alert/2020/08/11/FTSE-100-Forecast-for-the-Week-Ahead-Key-Data-Due-as-Momentum-Fades.html?QPID=30472&CHID=9

..So i guess we know now why he's been sitting on his hands, In Cash.

in play...
DYOR......

"Plus government can borrow for virtually zero interest at the moment."

minus negative soon enough. mere mortals will not benefit whatsoever.

i too have ate out to help out...and i must confess will do it few times, lunch and early evening which i don't normally do therefore the number will be up but these numbers are not sustainable as the scheme will end and chef will be complaining he hasn't got enough customers and business is down....
I know really tight ass people who's every £ is a prisoner are also enjoying the scheme......

TP, You can go but you cant go out out, but you can eat out to help out as many times as you like....

.....so it's official, the recoVery is not happening and we are likely to have a WecoveWe....

recoVery hopes dashed......

"i think you will find vaccine by end of sept from cambridge sorry about that"

if so, all very well and good we could do with one, do you have the trail data please?

cookoo12620, high st had been doomed for many a year , pre c-19, it is well documented; however this only accelerates other initiatives, innovations. Yes a lot of unscrupulous employers are maxing this out to there benefit, sad but very true.
Still job loses are job loses.
l like i stated there are two ways to look at this employment will keep falling or unemployment will keep rising..

Vaccine - would you trust a Russian vaccine, or a vaccine with no trail data. once again i don't think anyone of same mind would take a vaccine that had not been proven so we are probably at least 18 months away to even start talking that up....

Wally st is overbought right now, although 10k in 5 months is impressive marvellous what money can buy ...

Debenhams says it will cut 2,500 more jobs as it struggles to survive the coronavirus pandemic.

This is on top of the 4,000 announced since May, meaning the retailer will have cut a third of its workforce.......

US stocks rose on Tuesday after President Trump's call for a capital gains tax cut.

"The president said in a Monday afternoon press conference he is "considering" lowering the US capital gains tax, a move that would boost investors' realized profits. Trump decided against passing such a cut in September after saying it did too little for the middle class.
While the president can't unilaterally slash the capital gains tax rate, he could adjust the level by the level of inflation through an executive order. Still, such a move would likely prompt legal challenges.""

buy the rumour sell the news...? if he disappoints then Jones will drop and it will need that stimulus booster jab for sure....

Coronavirus was always going to have an economic cost said junior health minister Edward Argar, when asked about UK jobs data which showed the biggest fall in employment in the country since 2009.

“We always knew that sadly this disease would not only have a health cost but would have an economic cost and I think we are seeing the consequences of part of that,” he told Sky News on Tuesday.

..meanwhile outside, first Executive orders and now talk of capital gains tax cuts, Mr D.Jones is all dressed up and looking real dapper.

"young and unskilled labour,"......many of young persons have a degree and took unskilled work when other sectors made them redundant, over the years,and never went back or could not get another job in that sector. To "suggest" that these young persons never had a mortgage, loans, credit cards, or any number of financial commitments is ludicrous ...

I suspect most went into bars, restaurants, hospitality sector as it a growing sector which as well know will be hit very hard in the coming months.

There are only two ways of looking at this...., employment will keep falling or...unemployment will keep rising.