George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Everyman and his dog is expecting the US FED to start cutting rates this year, but the boss of JP Morgan is saying US rates could rise to 8%!
https://www.bbc.co.uk/news/business-68769561#
Tophat,
Well the terms she got at Black Horse must have been affordable for her or she would not have taken the loan. I have been reading through the Ombudsman's report of her case and I feel that the Ombudsman is being very biased in favour of Mrs Y in giving her the benefits of doubt.
Unless there is a large fall in share price tomorrow, he will have to close out his short for a loss or he will have to pay the dividend on the shares he has shorted when it goes ex-dividend.
After 31 trading days, buyback complete to date:
Total shares to date....................................................627,351,407
Aggregate cost to date... ........................................... £309,359,836.87
Average price paid to date..........................................49.3120
Percentage of £2 billion buyback completed............15.47%
And for SUFC
The cancelled shares to date will save £11,543,265.89 from the Final Dividend payment which goes ex-div on 11th April.
Tophat....."Mrs Y, the claimant who won the FOS case against Lloyds, did shop around - she was turned down by four other companies before Black Horse Limited agreed to the finance!"
And yet she told the Ombudsman that if she had been made aware of commission “I wouldn’t have gone ahead with the car purchase and went to another dealer”.
Skier1......"Imagine if a little old lady bought £10k of LLOY shares for her pension today at 54p... But her broker had quietly popped 2p of commission on top... but didn't tell her about it... while everyone else with a different broker had paid just 52p"
That is nonsense! It is incumbent on the consumer to shop around for best deal getting quotes from more than one source to compare. If they decide to just go with the first quote without shopping around to see if there were cheaper alternatives available that is their responsibility.
After 30 trading days, buyback complete to date:
Total shares to date....................................................608,878,749
Aggregate cost to date... ........................................... £299,511,471.77
Average price paid to date..........................................49.1907
Percentage of £2 billion buyback completed............14.98%
And for SUFC
The cancelled shares to date will save £11,203,368.98 from the Final Dividend payment which goes ex-div on 11th April.
I would not rule out UK cutting interest rates first. Most thought similar that UK would not start raising rates until the US started, but the UK were the first to start raising rates.