Member Info for Dowsie3

Just a little thing on sick pay we have a postman in our office who got a paper weight last year for 10 years service when the manager gave it to him he said I looked through your sick record and in the 10 years you have been here you have been sick 4 years 7 months. He is currently sick at this moment in time he went of on 15th of june

A question if Royal Mail goes into administration would that mean the government would have to take it back because if that is the case then I believe that is what DW and TP want . IMO it should never have been a PLC has I said in a previous post even Thatcher didn’t privatise it right now of for a game of golf .

Hi Wolves did you post recently that Anger was saying 7 pounds a share a. Couple of years ago if that’s correct that went well

Anger that’s fair enough but if you had have listened to your own advice you would have been better off

When I put 80 pound in stamp duty that was me using 1 pound a share for RM which is roughly the historic lows you were talking about

Anger your buying and selling fees would cost you 20 pounds with the Halifax and you only pay half a per cent on stamp duty when you buy let’s say you have 16000 shares that would cost you 80pounds in stamp duty so that’s 100 pounds you have had to lay out but the share price has just dropped 60 p since you said it would hit historic lows that’s 960 pounds drop in your share holding . So that is why you should have sold when you said it would reach historic lows

Anger you said a few days ago this could reach historic lows so I presume you sold what shares you have and are waiting for the share price to hit the historic lows to buy back in

Wolves you have obviously done your research but I was shocked to see someone who earns 37701 a year pay 40% tax there must a large number of people earning that especially in London

How things are he might think he has dodged a bullet

After today discussion there is a program on sky showcase at 9 o’clock about Liz Truss risks with are money could be a good watch or even an uncomfortable one

Sorry Invesorjohn I didn’t realise the market dictates what interest we pay on are debt . I just thought if interest rates were going up that meant more interest to pay on the debt. But one question if interest rates are going up and the pound is going down wouldn’t the markets then raise the interest we pay on the debt

Anger I hope your right but my own personal opinion is tax cuts are not the best thing to do when we are trying to bring inflation down the tool for that is higher interest rates .Not looking for an argument just my opinion.Maybe the country is so much in debt the BOE doesn’t want to raise interest rates to high because that mean the country will have to pay more back

Cheers Oligarch I’m retiring in 9 months and could never work for a Tory government

Meant currency not country has you know from reading my posts grammar isn’t my strongest subject. Come to think of it I wasn’t good at anything at school apart from maths where I excelled

I now see BOE might have an emergency interest hike to help the plunging pound . Has I said in a previous post BOE should have been putting them up sooner. The fed in USA have and hence why the dollar is so strong and it’s not just the pound it’s strong against pretty much every country in the world. Maybe I was wrong with 6% it might go higher I don’t know if you remember 1992 with Major has PM but Google that him and Lamont were raising them by the hour

One other thing Anger you say the ftse hasn’t done anything for 10 years it’s now lower then it was 23 years ago

Anger the last time the tories gave away tax cuts this big was in 1988 Lawson was the chancellor which led to more people spending which led to higher inflation which led to 15% interest rates by 1990 . Your last paragraph I agree with 100% think history will repeat itself where interest rates will go up not by 15% but possible 6% . I also think interest rates should have been going up sooner then the BOE put them up and inflation might not be so high now

Postmanporsche you are right my grammar is shocking so perhaps It’s best if I don’t pick up on his spelling mistakes again

Listen the only thing you have got where wisdom is concerned are your teeth now if you can’t spell go and ask your teacher .Notice how I put can’t not Carnt just like someone else said on this board your posts are like the elephant man had written them

Maximus I told you to go back to school and learn to spell the only thing on here that is inept is your spelling twice you have put no when the word you were looking for was know and when you put week it is weak and you give advice on here my granddaughter is 9 and she can spell better then you