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There will be no change with the Mangement of Barclays.
Their ability to mismanage and self reward is endemic and historic.
They do not have the capability, desire, or need to change anything , as long as they continue to reward themselves for failure, with no consequences.
Let's face it, if they screw up, they just pay the fine and if there isn't enough money, they simply ask for more from the shareholders.
No one holds them to account personally and it doesn't impact their situation in anyway.
As for a takeover......it won't happen because they are of the arrogant view that they are too big AND the Bank of England won't allow it.
So, given this situation.........what incentove is there for anyone at Barclays to change anything ?
Idf you want to seea good documentary about 'The City of London' and the financial Institutions , banks etc watch
'The Spidetrs Web' on Netfilx.......it will open your eyes about the corruption of the whole system.
Https://www.netflix.com/gb/title/81467124
True BUT if companies cointinue to increase their prices by RPI , or like phone providers RPI + 3.9%, how are people expected top keep up , if their wages do not also reflect increases in RPI.
Ministers saying that wages should not keep up with inflation, ultimately means that peoples wages will always decrease, year on year. ............ever spiraling downwards.
It's a ridiculous premis.
can we please have some sense here and stop the scaremongering.
A tactical Nuclear missile will iradiate the whole area , potentially including Russia.
The land it covers would be unusable for years and years. Look at Chernobyl.
There is no beenfit in usuing a Nuclear Missile .
This is a battle between Gov and the Bankers.
Nothing Kwasi has done will have any impact until April 2023 other than energy saving cost measures which eveybody wanted.
If you want to see how corrupt they are watch this on Netflix.
Https://www.netflix.com/gb/title/81467124
Fundamentals have nothing to do with the SP of IAG.
Neither does the statement by Kwarteng.
The vast majority of his changes don't even begin until April 2023 and yet PANIC !!!!
Nothing has had an impact, other than the energy saving rescue package that he has proposed.
Everyone was screaming for someone to do something about the high energy costs and he has.
Now they are screaming they don't like it !
This is all down to The City of London Bankers . I blame them entirely.
Bank of England announces gilt market operation
Https://www.bankofengland.co.uk/news/2022/september/bank-of-england-announces-gilt-market-operation
Bank of England announces gilt market operation
Https://www.bankofengland.co.uk/news/2022/september/bank-of-england-announces-gilt-market-operation
He never commits to anything.
All his trend advice is constantly qualified with if's and's and but's .
He indicates uptrands as much as he does downtrends. Pretty useless to be honest.
Barclays Sued by Investors Over Multibillion Securities Blunder
Https://uk.finance.yahoo.com/news/barclays-sued-investors-over-multibillion-002007119.html?guccounter=1
CNN
Boeing agrees to pay $200 million for misleading the public about the 737 Max
Https://edition.cnn.com/2022/09/22/business/boeing-737-sec/index.html