Member Info for Eightyeight88

MPC vote 8-1 to cut

..not long to wait but 25bp cut to 4.75% looking very likely.......interested to see the MPC vote numbers and the rhetoric around future cuts etc etc ....gla

...very probably the positive v negative messages are being reflected in the market..uk market hard work at times atm.....tomorrow very interesting gla

Cable1.285 ish..... consenus sees 25bp cut for both tomorrow.......will watch with interest ..gla

Eureka 63..pmsl on the Lammy post...gl

..no shock there imo...Musk must be pleased..gla

Trump speech upbeat,positive full of hope and motivational....Starmer rose garden..downbeat ,negative full of dread and de motivating.........imo gla.

Ig showing wall street possible 1.9% 800pt rise atm gl.

Loki..I don't think many people disagree with means testing the WFP..I certainly don't im a pensioner and thankfully don't need it ..but there are many thousands of pensioners just above the threshold who do..plus it's already been proved that many thousands of entitled pensioners don't claim pension credit for one reason or another ..maybe they should of thought about the threshold level..or given more time for the deserving to claim.. gl.

..the fallout after the result there could be plenty of trouble/unrest in some places ....the very marginal consensus business/market wise is trump would be the better outcome...I will watch with interest..gl

Dawn butler...not a good look imo..

..very possibly another rollarcoaster/interesting week coming up....gla

...particularly liked this comment......."The court of appeal clearly was unaware of a term that we were all brought up with being “ caveat emptor “ . The judges should go back to school as they demonstrably useless and have caused a completely unnecessary run on the markets and have opened the door for the no win no fee section of the legal profession who will be working for guess what - commission……unbelievable mess."......

Morning HU...some good comments there from readers including how ridiculous the recent court judgement looks....gl.

67sam ..more highlights from the telegraph article........"In reality, the Financial Conduct Authority, the ultimate regulator for the sector, the Bank of England, and indeed the Government have created a complete mess. Vagueness in the rules allowed the Court of Appeal to step in, upending years of established practice in nanoseconds ".......gl & atb

67sam....Share prices are falling. Banks are pulling loans. And many of the biggest car companies such as Honda and BMW have been forced to temporarily stop sales of new cars on finance.

The Court of Appeal has thrown both the car and the financial markets into turmoil with a ruling on commission fees added to financing deals. Sure, we can all argue about whether the court has made the right or the wrong decision, and how much customers should be told before they take out a loan.

However, one point is already scarily clear. The car market can’t function without loans, and neither can many other industries. The UK could soon be facing a full-scale credit crunch – if that happens, the Government and the Bank of England would have to step in to stop it from crashing the economy..........from the telegraph article gl

2x£100

2x£50

£300 total...wd winners gla.

Lti..the Rwandan policy/deterrent was not given enough chance to see if it was effective imo..

During October 5,417 illegal immigrants made the crossing the highest monthy figure since Oct 2022........the majority are young males allegedly.......is this ever going to stop.....even very reasonable people i know have simply had enough....the gang smashing policy needs to step up imo......gla ...

Marabab...... the jury is still out imo on the BofE decision next week and december.....gl