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On a positive note WRT TW. Andy Burnham will appoint some well respected ex Goldman Sachs, and B of E bankers and economists into government which the bond markets seem to like.

Hi Anon

My political leanings have always been Conservative. Then we voted leave, I thought WTF has tribalism in politics done. The economic hit was always going to be disastrous, the angry man in the pub is entitled to vote though. Looking at Thames Water should appall any right minded person. And now the Boomer generation has collectively engineered unaffordable housing in both sectors for the younger generations. If we are going to prosper as a modern country economically then we need clean water, affordable accommodation and less barriers to trade. Finally, I really hope that Andy Burnham's landslide has put the nail in the coffin for Reform and their autocratic leader who thought that putting forward a man of low IQ who had a niche hobby of sniffing women's botties was just what the UK needed

If Andy Burnham wants three policies that would be both popular with voters and consistent with his business-friendly socialist approach, I’d suggest

1.⁠ ⁠Bring water companies back into public ownership. The current model has left customers facing rising bills, sewage pollution and underinvestment while shareholders have profited. Public ownership would be an easy win with broad public support.

2.⁠ ⁠Pursue closer ties with the EU, with the long-term goal of rejoining. Reducing trade barriers, boosting investment and restoring freedom of movement for business and skills would strengthen the economy while reflecting the views of a growing number of voters.

3.⁠ ⁠End large-scale land banking by major housebuilders. Either use compulsory purchase powers on undeveloped sites or require developers to build within a set timeframe, with social housing delivered where they fail to do so. Britain needs homes, not planning permissions sitting unused for years.

Short term 'The Art of the Deal' could see 70 or 80p, we have no way of knowing. Red or black really.

100k discounts are

I think 100k are definitely something to ‘worry’ about. Explain why 100k discounts to a business model are normal?

New homes discounted by £100k as builder scrambles to sell properties. Headlines in Telegraph today.

To many doomsters talking rubbish. Cling to the hope of a deal if you like. I’ll cling to the reality that massive shifts are happening in geo politics and that Trump isn’t reliable.

My thoughts are that we’ll see 50p before £1. Listening to the interview to Al Carns, the guy who went London Everest (Summit) London within a week recently on Sky tonight he tells the truth. Defence needs to be settled within weeks before the effects of the straights/ energy market kicks in. I’m not sure I’d invest at 50p just yet, but then TINA will kick in at some stage. There is no alternate.

You nailed it DebS1. I think the bond markets will require centrist grown ups in charge, with Tory leaning as economics must be geared to business. My list of who ever takes over. Benefit cuts including triple lock and means testing of SP, two child cap and rigorous testing of pip and motability leading to massive cuts. Reverse NI for employers and u turn Rayners employment rights. Borrow for defence spending. Tax rises will sadly be inevitable for high earners and the wealthy for a while. Low tax nostalgia politics offered by the right are as Looney as Labour. 30 years of decadence and no magic pill. I believe a rough few years for the economy but blood letting is needed. TW? I’m sure it will survive and recover eventually. The world won’t stop turning.

The reason I hounded you Stanley is because you think it’s hilarious to call anyone a lefty or socialist who isn’t a reform/ restore populist fan. The message from the populist digital handlers is to call any who disagrees a leftie. A lot of your feeds start in Russia Stan.

The ECB has just raised interest rates by .25%. The BOE must surely follow suit. For 30 years the uk has had to endure inept politics and politicians by and large, the odd exception. Since the Berlin Wall fell, the peace dividend was squandered, relying on the US for protection, Russia for cheap energy and China as the economic solution to many business problems. Well the wheels have finally come off under Starmer an appalling epitaph to a decadent three decades of politics of every hue. The only way out would seem to be spending cuts, more borrowing to secure our military protection and tax rises. I believe we’ll find out this is the only option to keep essentials like food and heating available to the British public. Arable farmers need fertiliser subsidies now, the military needs money now. Where this leaves housing affordability aka profits is fairly easy to figure. The straits have been closed for months with little chance of free passage in the near future. Iran’s objective of a World recession seem to be likely. John Healey, probably one of the best Government ministers we’ve had for decades kinda says it all. Buckle up.

Maybe you tone down your obvious rants Stan, we understood what you said the first time. Re read your posts they are a repeat. Massive change is needed/ coming, and we cope in our way.

Stan the algorithm kid. Soak em up Stan.

The biggest facing house builders or more importantly buyers is affordability. The Iran conflict will drive the cost of living, inflation and interest rates. The blood letting hasn’t begun in my opinion. When it does, no doubt domestic economic policy will be driven by different needs irrespective of whose in power.

Long term TW should do fine. I still think we’ll see 50p before £1. And long term is probably a decade with all the blood letting that is needed.

The problem is that wages are not rising for most young people, I’m talking those under 40 who are going to support the market. Salaries, even for those on six figure salaries are below inflation. And tax is disproportionately high compared to a decade ago. Especially with fiscal drag. 100-125 is 62% notional tax plus 9% student loan tax if applicable. Divis are retrospectively covered by profit, going forward? Can’t see an easy way out of this, throw in AI and who/ where are the buyers.

You echo my thoughts Christofer. I feel TW is basically a land bank, so it’s like investing in land. The dividend income could well dry up to a trickle for a few years. My thoughts are get in at avery low sub 50p price and hold for a decade or more. IMO of course.

Interestingly Ben wrt Hong Kong, I heard several people say that the housing market was kick stared in the south east as people returned to the UK before 97. Not all returned but a sizeable number. This time the influx from HK on BNO or similar passports certainly buoyed the market. But I agree that until blood letting has taken place the house builders will flounder. I’m genuinely surprised the economy hasn’t gone into recession over the oil price issues although the Jan - March figures of UK were astonishingly robust.

I read the LSE boards to see what others think wrt certain shares, not to be indulged by political bores. Stan is what the young describe as an NPC, a drone automaton etc. Ive made my mind up Stan, so bugger off and bore elsewhere please or just talk about TW.