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TFE

Respect but..

As I sees it still a bit hasty.. Look at Mr Brown when he sold the gold ....Saying that Thatcher sold all she could and now we is being held to ransom for energy, etc or left with the massive pension liability when the bosses have milked the business dry...

Morning Bros.

Good figures from the NWG, banks so Bailey he says is ok.... So I is asking myself why the Govt selling our holding? Why not keep...

For sure Govt should be acting in best interest of tax payer ...

Vocet

Respect. For sure.

The reason are plain to see.

The high taxes, low investment and a benefit system which can be paying out as much as a staggering £7k a month to those who sit and do nothing....

https://www.telegraph.co.uk/news/2022/11/07/couple-paid-7k-month-benefits-left-children-living-filth-36/

Over 9 million economically inactive between 16-64. Yet the roads with the potholes everywhere and towns rotting and needing a clean up. Why they not made to work for benefits?

This is the one example... is shocking

https://www.youtube.com/watch?v=ApBvb7b9c6M

Forensic Bros

Only thing for sure that we know is growing is the debt.

£5,170 per second !!! Will soon be the £3 trillion......

https://www.nationaldebtclock.co.uk/

Morning Bros.

Country it been on a downward spiral for a while. Mr Hunt his budget for growth pie in sky .

Cookoo you miss the point bros. Its who pick up the tab for all these businesses going bust and there is some big ones in the mix. How many still owe under CBBLS and how many the banks becoming exposed to is the question.

Mick . For sure but German economy also on the rocks. Big scandal with the Signa and energy cost making its goods too expensive.

Russia putting a bad boy into space? Got the Uncle Sam worried. USA it like to fight its wars in other countries and make a lot of money doing so..

MorningBris

Just before I start the shift.

Why you expect the Black horse to perform well in a muddy field. ?

Interest rate high. So will be the insolvencies..

https://www.gov.uk/government/statistics/monthly-insolvency-statistics-december-2023/commentary-monthly-insolvency-statistics-december-2023

"he number of registered company insolvencies in December 2023 was 2,002, 2% higher than in the same month in the previous year (1,965 in December 2022). This was higher than levels seen while the Government support measures were in place in response to the coronavirus (COVID-19) pandemic and also higher than pre-pandemic numbers"

https://cebr.com/reports/cebr-raises-its-forecasts-for-corporate-insolvencies-in-2024-from-28000-to-33000/

"Cebr raises its forecasts for corporate insolvencies in 2024 from 28,000 to 33,000"..

UK insolvencies is at a 30 year high..

Who will be left holding the baby?

Morning Bros..

Gate Respect but this is not the capitalist Govt. This Govt is trying its hardest to destroy wealth by importing the poverty and destroying enterprise and wealth creation.

All the costs are sky high,

Personal taxes, running the car, business rates, energy.. the list is as WW he says endless. But worse is the attack they has encouraged on the British ways of life. They teaching us to loath our heritage and not to speak out, This is very bad. I is very proud of being British.

Problem is the labour just as bad. The politics not working for the benefit of this nation that is for sure.. None can be trusted as I sees it.

Morning Bros. just a quick post before heading off to work.

Armani.

That is well said...

I am of the though that the staff bonus should come from the existing float and not from new shares issued.

Worrying statistic....

"There are now 9.25 million people aged between 16 and 64 who are not working nor looking for work",

https://www.msn.com/en-us/money/other/depth-of-worklessness-crisis-revealed-as-ons-finds-400000-more-dropouts/ar-BB1hNCrq

I will be saying we struggle to recruit.

Not much said about the collapsing signa empire in Germany. All looking very messy. You know what I am saying.

Powell saying Govt spending not sustainable. So what he gonna do? USA now fighting the two wars. Wars is costly.

Afternoon Bros.

Sad day with the news of Aston Barrett who sadly passed.

So what is the play with the markets ....

"Small investors pull money out of UK stock market at record pace"..

"Around £25 billion has been taken out of the UK stock market in the last two years alone, which partly explains why London shares have much more lowly valuations than rivals in the US and elsewhere.

The full story it is here...

https://www.standard.co.uk/business/small-investors-uk-stock-market-record-pace-shares-london-stock-exchange-lseg-funds-investment-us-city-b1136580.html

Bros.

This article appear yesterday. Worth a read. For sure it is a disaster.

"Europe is finished, condemned to death by its deluded, third-rate elites"..

"Its self-inflicted pathologies – catastrophic economic failure, near-total geopolitical irrelevance, a migration and integration crisis, and a gaping democratic deficit – have now metastasized. They have become too complex, too daunting for Europe’s third-rate elites even to consider challenging, and especially for the selfish, demagogic politicians who have presided with such insouciance over their social disintegration, “degrowth”, Potemkin militaries and appalling demographics. Germany, France, the Netherlands and elsewhere are on the brink of social explosion, with farmers the latest to have become radicalized"...

"Even Brexit, the ultimate warning signal, failed to change anything. Europe’s ruling class dismissed the UK’s departure as an aberration, an own goal by self-harming British eccentrics, and doubled-down on its failed policies"....

The whole thing is here....

https://euro.eseuro.com/trends/2032470.html

Morning Bros

Squid.

We can make the assumption but we don't know anything for sure with all what is happening around the globe. One wrong move in the Middle East and oil will skyrocket let alone the other things...You know what I am saying?

Mr Jerome Powell sitting on the fence at the meeting yesterday. Early rate rise looking unlikely

TFE. Was good comments yesterday.

EU is the busted flush. Best thing was to get out that is for sure.

They has sown the seeds for their own problems. Militarily its still lacking. This was pointed out in 2017 (link). Merkel and her cheap energy deal and cutting back the forces. Trump he tell her but she not listen. Now look at the cost. Germany economy falling apart like a British car from the 70s..😂😂

https://henryjacksonsociety.org/publications/what-the-european-union-owes-the-united-kingdom/

In the telegraph it says..

"Profit warnings exceed financial crisis peak "

The number of listed companies warning about their profits has surged to its highest level since before the financial crisis as economic stagnation takes its toll on corporate Britain.

Nearly a fifth of public UK-listed companies issued profit warnings in 2023, higher than the 17.7pc reached at the peak of the crisis in 2008.

You read it here

https://www.telegraph.co.uk/business/2024/01/29/ftse-100-markets-latest-news-uk-housing-mortgages/

Looking like the Mr Jeremy Hunt budget for growth is backfiring....

Quick lunchtime post..

TFE

"We should reflect on all the doom mongers here (notably Daft Trader and mick-b) over the last 6 months or so, predicting a catastrophic downturn when Evergrande finally goes to the wall"..

Evergrande not gone bust Bros this is only the Hong Kong arm... This may be set for the appeal.

Evergrande though remain the worlds most indebted co.. You know what I am saying..

If the fallout it shake the China property market then Australia first in the firing line as demand for Iron Ore etc will disappear overnight then comes the supply chain who are owed billions and then the banks ....

If it has a hard or soft crash landings we wait and see..

Chid

For sure.

This is the Mr Ardeshir Naghshineh historic claim still rattling around the courts?

Looking Biden leading us to WW3 .. Another ship the Houthis bad boys fire on today the warship Lewis P. Puller.. Now then Bros what that type of ship doing there?

We find out how soon how many is the foot solders for malign powers in the mix. Govt job to keep citizen safe . Border control very important yet they not do this thing.. Even worse in US with 40 million over 3 yrs. Sept 2001 disaster was only 19 terrorist people. led to twin towers collapse and 3,000 dead in the instant and a conflict that caused many more but in end led to humiliation for US when Biden he pull the plug.

Mick-b We as the investors need to keep an eye on China. If Trump get in.... Lots of bad blood there for sure..

Morning Bros..

Stagecoach Respect. You are a wise man but to reduce stock numbers Lloyds could simply do the reverse split. Say 1 for the 5. You know what I am saying.

Drums of war beating louder and means Hunt not having the wriggle room for the tax cut bribe.

DT . The uk to some look like the rosy apple, but turn it around and people like you Bros will have noticed the small hole in the back were the maggot he get in and start gnawing away...Soon it will be hollowed out.

Army, schools, NHS all been hollowed out. No good will come of this.

As for the markets.. Who is knowing. Event like tanker fire in Red Sea not go unnoticed by investors.

Although I has investments in the markets most of my assets stay on the side lines...

Music break....

Two great performers in one...

https://www.youtube.com/watch?v=vBV9VBzn7Ow

DT

Respect.

If I may be adding to that Bros..

https://www.lse.co.uk/rns/BEG/latest-red-flag-alert-report-for-q4-2023-addcmcpfe0kna7n.html

"539,900 UK businesses are now in 'significant' financial distress, 12.9% higher than Q3 2023 and 5.6% higher yoy (Q4 2022: 511,093).

· Every sector of the 22 covered by Red Flag Alert saw critical financial distress increase on the prior period, of the 22, 18 saw at least double-digit growth.

· In Q4 2023, critical financial distress grew rapidly in the Construction (+32.6%), Health & Education (+41.3%), Real Estate & Property Services (+24.7%) and Support Services (+23.6%) sectors.

· Serious concerns grow over the Construction and Real Estate sectors which still represent nearly 30% of all businesses in critical financial distress".

Its not painting a good picture.. EU is just as bad if not worse...

Afternoon Bros

Fore sure the shutting of the steel plant is myopic.

The drums of war are now beating ever louder. Talk is now when not if we confront Russia and also the conscription. Not a good thing I hoped army days all behind me.

We need as much industrial capacity as is possible yet this Govt still not awake.

Even more troubling from Davos. UVL seeing misinformation as the biggest threat.... Ummh..another key figure suggesting with A I election will not be needed as the machine can decide how we would vote...

We living in the strangest of times.

PT

He wanting to sell the publics stake in NWG back to them so he want the price a bit higher.!!

Tbh we have a lame Govt. In deed it is a plague on both their houses.

Brexit was sabotaged and so it sems is removing illegal asylum applicants..

Hopeless is not the word. What we see is the Investment in the uk is ebbing away and the economy tipping on the edge of recession.

Business tax / rates is way too high ... Highstreet is dying, hospitality sector on the ropes ands 10 of thousands of jobs at risk.

We need rid of this govt, but what follows.? I knows many of our HNW clients looking to leave Uk.

PT

Bros.

This maybe of the interest to you

https://www.msn.com/en-gb/money/other/chancellor-convenes-bank-ceo-summit-over-valuation-concerns/ar-AA1naTA1

"The chancellor has called in the bosses of Britain's biggest banks for talks next week amid concerns in Whitehall that their share price weakness is inhibiting lending to the wider economy"...