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Can a Woman have a John Thomas? Keir Starmer doesn’t seem to not know the answer to that, nor do a number of labour MPs. On that basis I’ll struggle to be vote Labour.
I have to admit, Mandy’s daily update of what’s wrong with the world, is a humorous distraction from what’s really wrong with the world. :)
DYOR
Rod, this board will only hold you back, you deserve something better - like your own current affairs programme, reach for the stars.
Revealed: Britain’s biggest Isa
UK’s 25 biggest savers amass record-breaking fortunes through stocks and shares.
Britain’s most successful Isa investors have built pots of more than £11m each, it has been revealed.
The 25 biggest Isa savers have amassed an average fortune of £11.6m meaning that the largest Isas are likely to hold even more, a Freedom of Information request from wealth manager RBC Brewin Dolphin revealed.
Analysts said the returns required to grow an account to this size would have to be achieved through a stocks and shares Isa, rather than through cash Isas.
Investors would have needed to achieve an annualised return of more than 18pc over the 34 years to 2020-2021. Maximum contributions over the timeframe would be just £310,760, considering the annual allowances since the schemes began.
The size of the Isas means that the accounts are bigger than the largest pension pots, which hold up to £11m according to data from the Office of National Statistics.
Rob Burgeman, of RBC Brewin Dolphin said: “Not many people will be able to build a £1m Isa pot – and fewer still will make it to £11.6m……………
Haha, very good our very own “Secret Diary of Rodney Mole aged 65 and 3/4. Keep it up Rod, the anecdotes that is.
Rod, there’s a very contemporary adage in the retail world relating to all this over indulgence in diversity…… Go Woke, Go Broke. Look what’s happened to John Lewis.
If BT loses the Class Action and have to pay a hefty penalty, we can say goodbye to the Div for as long as that total Div equates to the Penalty. Div is currently £800m PA for the both interim and final. If Bt suspends the dividend there will be a double impact in the share price because of money out the door in fines and no payment of dividend.
DYOR
Now you’re talking Expat!!
I see there was a ruling on a class action against Apple from Norfolk CC just completed for £400m, dating back to 2019 for loss of share value placed with in the councils pension fund. Scary.
An English council has won a $490m (£384m) legal victory against Apple over claims the tech giant exaggerated demand for its iPhones.
Apple has agreed to pay shareholders the sum after settling with Norfolk County Council, which led a class action lawsuit against the company.
The settlement comes after a five-year lawsuit claiming Apple’s chief executive Tim Cook had misled shareholders by neglecting to identify a downturn in demand in China weeks before a dramatic profit warning in 2019.
The case was originally brought against Apple, Mr Cook, and chief financial officer Luca Maestri by the US city of Roseville. Norfolk Council, which administers the £4.9bn Norfolk Pension Fund, took over the lawsuit as lead plaintiff in 2020.
The payout is set to be shared by investors who apply for damages and say they were affected by Apple allegedly misleading investors. It is unclear how much the Norfolk pension fund itself will receive.
The lawsuit had claimed that Mr Cook misled shareholders as Apple faced a drop in demand after the release of the iPhone XS and XR in 2018. ……..
TBH Rod, telegraph poles are practically invisible, they’ve been the mainstay of any British leafy streets for decades, we’ve all got used to them. I’m with you on the countryside, let’s redevelop the brownfields first.
Honestly you couldn’t make it up. We want high speed broadband at the cheapest price, but not the pole outside my house. F***in NIMBYs.
Ministers push back on new telegraph poles after broadband roll-out sparks anger
Rapid deployment of infrastructure for new networks leading to ‘blot on the landscape’
Ministers are planning to crack down on telegraph poles following a community backlash over unsightly broadband infrastructure.
Data minister Julia Lopez has written to network operators including BT’s Openreach and Virgin Media O2 urging them to curb the installation of new telegraph poles as they expand full-fibre services.
She told the companies to do “everything possible” to share existing infrastructure or use underground cables before deciding to build new poles.
It follows complaints from residents and MPs about the unnecessary duplication of overhead poles and cables that are cluttering up local communities.
BT is leading the rollout of new high-speed broadband services, while Virgin Media, Cityfibre and a host of smaller firms are racing to build rival networks.
Around 80pc of the UK is now covered by full-fibre broadband, up from just 6pc in 2019.
But the rapid deployment of new networks has led to the proliferation of telegraph poles, which usually stretch around 30 feet into the air and are cheaper and less disruptive than installing underground cables.
Residents in areas such as Yorkshire have formed campaign groups to fight back against the installation of new poles, branding them a “blot on the landscape”.
In January, MPs for Hull and East Yorkshire held a meeting with executives at local broadband provider KCOM to complain about the “unacceptable” impact on residents.
Former cabinet minister Sir David Davis warned that residents felt they were “simply being swept aside by companies doing what best suits them”.
In the letter, Ms Lopez said new poles should only be built where installing lines underground was not “not reasonably practicable”.………..
Anything that improves Cyber Security gets my thumbs up, and I guess other IT/Busiess Leaders.
“Topped up significantly on new info at my disposal”
Abject, I guess the info at your disposal must have been fairly significant to jump in with both feet at £2k. Care to share?
DYOR
The only remaining property I would stake my few bob on is Adastral Park??
Newgate St was sold a few years back for £200m.
Wacky, you can discount vechicle depots as BT Fleet was sold 2019.
King, I think you’ll find BT doesn’t have much in the way of Property Assets, with BT Tower and Newgate St being sold.
https://www.building.co.uk/corporate-real-estate-telereal-closes-deal-to-manage-bt-properties/1014242.article
I think I remember reading, that when Telereal sell some of the Ex Bt buildings that BT had substantially vacated, BT are entitled to some of the profits built up since 2001. Maybe Fleccy can shed some light on that.
DYOR.
Makes total sense, the revolving restaurant will be booked up for decades to come. Shame BT didn’t take a stake in the new enterprise, as a business.
Well put, LTI.