Member Info for Easy_Livin

ASDA must be about bust, too much debt to service. Will be sold off soon, weren't Sainsbury's in talks, I read in one article.

It's "Softly, softly catchy monkey" to be pedantic.

Sorry.

Tracker web-site's should be crashing soon. Any super tankers head east in the Med atm?

David, thanks for your response. Your chronicles describing various experiences of pensioners living life to the full are all well and good, but are, as I said, just part of the cross section I mentioned. My question to you was how would you administer the system of WFA ensuring best use of tax payers cash. To me the the best way is always the status quo when the system of distribution was simple and operational - all the gov needed to do was reduce the payment down to say... £100 ‐ £150 whilst the Civil Service sorted the Pension Credit admin out, atm they can't cope. This admin cost is eating away at the £1.4bn of perceived saving the gov is hoping for (not going to happen now). There will always be pensioners who don't quite qualify so fall off the cliff as there is no tapered banding, so answer the question please, what would be your fairer system? The gov have just opened up a can of worms.

Reduce the public sector Civil Service, your 'aving a larf.

If it helps your perspective, I'm 70 and still working (self-employed) and paying taxes so no NI contributions, therefore not missing the WFA in the slightest...

Why what's your gripe about 'pensioners'? They are a cross section of society as a whole so please elaborate as to how you would administer the WFA at minimal cost to the taxpayer. The vindictive slashing of the fuel payment was to subsidise the manifesto pledge to maintain the Triple Lock (for now anyway

AbjectPerformer: The GBP1000 is the actual 'total' amount of interest you can receive (gross) on taxable savings. If you're a higher rate tax payer it is halved to GBP500.

The 5000 is just an seperate personal allowance for savings only to cover the 1000.

As I see it.

So to crash the GBP then, it's already 1% off this morning due to US etc.

Fingers crossed is won't be a Starmer Reeves cut.

I would suggest it's the DRIP 'dividend reinvestment plan' just as other shareholders do.

Yip, ME and rising oil price plus rising wages will threaten the gov's inflation targets and therefore interest rate cuts. I for one wouldn't be surprised if we don't get another cut this year, also if the incompetents in charge mess up with the budget next year will be very tough.

Can't build houses if a steady stream of planning permissions are not forthcoming and atm that's wrapped in too much sticky eco red tape.

Trouble is with the trade unions now in charge of the country we will see more of these inflation busting pay rises and the inevitable rise in inflation to pay for them, I'm afraid there aren't going to be the interest rate reductions we are all expecting. Next year could easily see recessionary pressures returning. All depends on what these economically illiterate reprobate's suck out if us in the coming month's & years. Hey ho...

Yet another article on the orphan & abandoned well count surface this morning, someone in the Federal Gov. needs to get a grip on this by formulating a coordinated plan of action with co's like DEC to make positive inroads and soon. Sorting these problems will take a generation. No point in gunning for DEC folk need their help.

https://oilprice.com/Energy/Energy-General/Millions-of-Orphan-Oil-Wells-Are-a-Ticking-Timebomb-for-the-US.html

200k, split across sipp and general share a/c.

I could buy a grand's worth which would get my sipp into profit at 0.9p and hope for the best on the others.

Sadly I will be needing 4.5p to breathe oxygen again. So just reducing losses as the sp moves up.

@Genghis15, I'm in full agreement with your reference to the wells it's a legacy of the industry for which the US has benefited immeasurably from. My eco-nutters derogatory reference was to categorize those who don't understand or care where the money comes from and to pay for said clean up and were going after DEC as soon as they were listed in the US, DEC is part of the solution which certain blinkered Senators and their supporters don't see. Some trying to deflect costs away from the taxpayer which is a fallacy - who are the people that benefited most?

This article from Oilprice.com put's into perspective the challenge we face in sorting the massive environmental legacy left by early oil prospectors. The enviro-nutters can't just try to ensnare companies by sucking easy cash to fix the problem, all this must be coordinated and funded on a Federal level DEC are part of the solution just not big enough, hey ho.

https://oilprice.com/Energy/Crude-Oil/Zombie-Wells-A-280-Billion-Problem-the-US-Cant-Ignore.html

Was allocated 650, but asked for 4000, they gave me 3808. Hey ho.

👍🏻 but mine was reduced by 4.8%

Just had a read of this on Oilprice.com reduces the stress for my mental health a bit. lol

Hope the link survive's

https://oilprice.com/Energy/Natural-Gas/Are-AI-Data-Centers-Sparking-a-Bullish-Case-for-Natural-Gas.html

Bailiff: for what its worth, my own experience when I left school at 16 with lowly CSE exam passes I beat 900 applicant's to one of only 34 apprentice positions at ICI (in electronics). The medical uncovered my colour blindness, very disappointed to say the least. Nevertheless they still offered me a position in another part of the company, which I declined hey ho. I ended up in front of a drawing board designing all sorts of things in agriculture and moved into cartography - tell your lad I never looked back and have had 53 years unbroken work, 45 of them self-employed. He's obviously bright enough, just let fate take it's course. And if my memory serves me right some thick'o by the name of Richard Branson left school with very little in the way of qualifications.

Last note, my son didn't get up and running until he was 20, did 'A' level business studies and is now a GM in a national pub & restaurant chain and still climbing.

Hope my experience helps your lad.

I need £3.05 in my S&S a/c and £4.95 overall sipp included for break even, what do you guys recon my chances are... 🤔 lol