Member Info for hardup

After 110 trading days, buyback complete to date:

Total shares to date....................................................1,982,730,145

Aggregate cost to date... ............................................£1,041,563,909.24

Average price paid to date..........................................52.5318p

Percentage of £2 billion buyback completed...........52.08%

"Better tumbleweed, than a load of political nonsense..."

Rich coming from the most prolific poster of "political nonsense" ever to have been posted on this board.

After 109 trading days, buyback complete to date:

Total shares to date....................................................1,943,509,460

Aggregate cost to date... ............................................£1,018,094,996.56

Average price paid to date..........................................52.3844p

Percentage of £2 billion buyback completed...........50.9%

Hoping to see the buyback in operation again today with this mornings fall in share price bringing it back into line with algo parameters for maximum divergence between share price and weighted moving average share price?

LONDON, July 30 (Reuters) - Britain's financial watchdog said on Tuesday it will give motor finance companies more time to respond to customer complaints regarding 'discretionary commission' they have charged, as it considers a possible redress scheme.

"The watchdog had expected to set out its next steps in September, but on Tuesday said this would now be pushed back to May 2025 as some motor finance firms struggle to come up with data for the watchdog to assess thousands of records spanning 14 years.

By then, we expect to have analysed the data we have collected from firms and assessed the outcome of the Barclays judicial review of the Financial Ombudsman’s decision to uphold a DCA complaint," the FCA said in a statement.

Our next steps could involve consulting on a redress scheme. This is why we intend to take the precautionary step of pausing complaint handling until 4 December 2025, as it may take until then to confirm how firms would implement it," the Financial Conduct Authority said in a statement."

https://www.reuters.com/business/uk-watchdog-consider-motor-finance-redress-scheme-2024-07-30/#

"Where did you read this LTI?"

The 4th paragraph of the Guardian article that LTI posted a link to.

67Sam

"Millennials will be in power one day and I dont they will think twice about shafting older people for their state pension."

They would be shafting themselves as well then wouldn't they, as it would also affect them when they come to retire.

Rachelle Reeves has cancelled the planned sale of the remaining Government owned NatWest shares via a retail offer.

https://www.proactiveinvestors.co.uk/companies/news/1052904/natwest-retail-offer-cancelled-by-new-chancellor-1052904.html?rel=scroll

Means testing the state pension would be a mistake and could spectacularly backfire on any government that implemented it. A lot of people would struggle on state pension as sole income, so plan for retirement accordingly by saving into a personal pension and/or ISA to supplement their state pension in retirement. What incentive is there then to save to have a better standard of living when you retire if you will not get the state pension because it will be means tested which means you will could lose the state pension and be none better off than those only in receipt of state pension. So if this stops people for saving to supplement their pension income in retirement, this would then lead to increased benefit payments of pension credit and other benefits associated with claiming pension credit.

After 108 trading days, no change in buyback figures from update made for 107 trading days on 26th July.

Looks like the SP has jumped to far ahead of the weighted moving average price so the algo has stopped buying again.

"Need to trim some of the fat off these rich tories and hand it to those who are more needy in our society!"

That's the socialist ideology for you.

Socialist........"someone who's got feck all and wants to share it with everyone else"

A901........"while thousands per week legitimately and legally walk through our airports and passport control."

Yes, and that is the UK having and exercising full control of it's borders. Those coming here from outside the EU must go through a Visa application process which includes criminal record checks. The UK then decides who to issue an Entry Visa to, and who to deny entry. When in the EU, citizens of any EU country were free to travel Visa free to the UK with no limitations on length of stay, all that was required when entering the UK was an ID check at passport control. There was no vetting to check for things such as criminal records. That is not having full control of your borders if you cannot vet in advance those wishing to come to check for criminal records and other criteria which would deem them to be unsuitable for entry to the UK.

A901

Please enlighten me, when did the UK issue visa's to the flood of illegal migrants entering the country in the almost daily flotilla of rubber dinghy's crossing the channel posing as refugee's/asylum seekers?

You really have no idea.

Onlyif.........I think the last 2 lines of the 22:40 post can be interpreted as..........

The remaoaners are still bitter and will never accept and embrace the result of a democratic vote.

The brexit choice is a sarcastic reference to the Brexit promise of controlling our borders, and the legal East European economic migrants who were permitted whilst being in the EU being replaced with illegal economic migrants flooding in from Africa and Asia after Brexit.

Not everyone STP.....just you and Fakey! 🤡

Anyone watching Dewbs & Co on GB News just now? They are discussing Labour preparing for a tax raid. Paul Embery is saying there is an overwhelming case for the Banks to be hit with a windfall tax because of the massive hike in profits they are getting with higher interest rates!

And Fakey said in May the SP would not see 55p in the next 5 years! 🤡

After 107 trading days, buyback complete to date:

Total shares to date....................................................1,930,731,922

Aggregate cost to date... ............................................£1,010,427,668.77

Average price paid to date..........................................52.3339p

Percentage of £2 billion buyback completed...........50.52%

Looks like profit taking has kicked in before the weekend.

Everyone knows STP is a snake in the grass and a prolific liar.