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Hello ..sadly we have too many ... mmmms Probably profit taking tomorrow...but hopefully the tide has turned Thought I read recently that RBS is to cut 400 more jobs... Keep an EYE on the gaps.. See how things pan out until the results on Friday week.... the 26th.. ATB

Reason... Could be a Combination of oversold, fed talk, Oil rise report of Saudis may talk on limiting production.. On the other hand still talk of recession and global debt and talk of possible negative interest and Banks not being able to create more profits on low interest rates .. Also China's 7% growth may not be true.. See how China opens after a week stockmarket shutdown ... Like always there is always something .. GL

One can only hope so... See what Monday brings after china has been closed for a week...

CNBC reports that ... CEO Jamie Diamond of JPMorgan buys 500.000 bank shares at a cost of $25M

40 years ago houses were affordable to those who were prepared to save for a year or two for a deposit .. Tax relief was even given on mortgage payments each month .. Often 25 years at a fixed rate.. We now have a shortage of houses which creates price increases .. And the UK government now offering help to buy a house they cannot really afford .. How times have changed People will always buy the latest gadgets even 8 year olds have mobile phones .. Some spend a £1000 on Tattoos as they seem in fashion .. Maybe we had less things and temptation and advertising to buy things 40 years ago and to encourage spending our money on.. Few computers 40 years ago or mobile phones .. And less access to credit card debt.. We are certainly in a wild and wacky times .. The global financial systems getting hammered suddenly it seems one reason they are not able in making enough profit .. 7 years ago banks needing government and whatever help .. Then 7 years of fines and now their values sliding 40 to 60 percent .. How negative interest rates will affect things if introduced is more unknown territory .. With China market closed this week .. China on Mondays open could bring another downturn in the global financial system as China plays catchup.. 12 months of falling bank share prices is a long time..

The whole system of house building and prices the past 20 years has been mainly for financial gain and not so much for the basic needs of those needing accommadation .. The attitude of if you do not earn enough to buy a house .. Then that is tough luck.. .. To me any government help to buy for those that cannot afford it in the normal process of buying .. Is just debt induction to some into financial trouble if things go wrong in their circumstances .. In a better UK, average house prices and house building should have been been in tandem with average earnings .. And not a creation of building below demand to inflate prices and wealth ... But sadly this not DisneyLand where everyone is happy all day.. The thing is if stockmarket valuations are dropping at the moment wiping Billions off of share valuations ... I wonder what the outcome would be if house prices followed in the same vain.. .. Not likely but .. What a global financial disaster that would be.. .. Debt would probably out strip the amount of money available to pay.. All talk now but probably the amount of debt there is could well be an issue in the future.. Credit card and mortgage debt.. But as they say .. Life goes on..

The pain continues .. There appears a bigger global financial problem getting worse each week.. No bottom in sight and how will one know if it is getting near.. Billions must have been lost in pensions and annuities .. The global financial sector has been hammered by 30 to 50 percent... Is this the start of a recession or a global change happening and with the prospect of totally new lower future valuations ... Or is a reversal on the way...when or if buyers start to return... Problem is buyer do not pile in coming up to the end of the financial year in April .. Sell in May and buy in October is another problem which may not help markets rise during the year.. . To many ifs and buts and global uncertainty .. Could be a year to forget and regret.. 40 Billion wiped of the FTSE in the first hour this morning.. Even after the last month of pain.. Is there light at the end of the tunnel.. Problem is where is the tunnel..

Yes I have to agree all a possibility .. One main thing that the UK faces is affodable housing as we go into the future ... Not helped by the increasing population.. It would probably surprise us all if we really knew how many houses in some of our cities are over crowded now.. And how many sons and daughters are still living with their parents that are over 25 years old.. And renting another growing problem of high cost ... I wonder why the house building companies knowing that they could have built another 1 million houses the past 15 years to meet demand and made more profits .. Or is there another reason of greed to just build enough to follow house price inflation .. How much land has been bought and sat on till the price has increased enough ..

Report today that industrial output fell in 2015... seems obvious as our imports keep going up.. Our exports last reported were 30% down on imports.. Relying on our service industry so much may well be a regret in years to come... too much reliance on somebody else is never a good situation to be in.. we need to be more master of our own destiny... and with more home production and manufacturing and bought in the UK ..If imports rise to 40% or more by 2025 is will not be a good sign.. or situation to be in... http://www.telegraph.co.uk/finance/economics/12149849/Shock-fall-in-UK-industrial-output-lays-bare-plight-of-sector.html

The reports of Banks are not making that amount of profits .. Talk of banks now think about increasing fees With talks of negative interest rates in the USA surely will not help things .. Japan went Negative last week Could we be on the verge of a big recession .. With so much debt .. as the price of houses has increased over the past 10 years the amount of the size of the average mortgage loan has also been increasing .. To make things worse the government have stepped in with .. Help to Buy mortgages to get people into debt that could not afford to buy a house in the normal way .. Bending the system to encourage more debt seems asking for trouble in years to come .. And another possibility future financial situation .. Debt to me is a killer... And constantly encouraging more of it maybe suicide down the road.. Everything has a limit ..

The reports of Banks are not making that amount of profits .. Talk of banks now increasing fees With talks of negative interest rates in the USA surely will not help things .. Japan went Negative last Could we be on the verge of a big recession .. With so much debt .. as the price of houses has increased over the past 10 years the amount of the size of the average mortgage loan has also been increasing .. To make things worse the government have stepped in with .. Help to Buy mortgages to get people into debt that could not afford to buy a house in the normal way .. Bending the system to encourage more debt seems asking for trouble in years to come .. And another possibility future financial situation .. Debt to me is a killer... And constantly encouraging more of it maybe suicide down the road.. Everything has a limit ..

And the drop continues.. Anyone have any thoughts of a bottom.. 200p..150p...100p.. This year.. Global movements now seem to be able to create a bigger worry than 25 years ago .. The Internet news now gives quick instant information than years ago .. Good or bad..

Lack of investment on Many things the past 50 years... Unless I have got things wrong.. Group 1 ... UK Roads infrastructure, NHS, Crowed Rail System and of course housing affodability ... All have got worse in serving the public over the past 25 years.. Group 2 .. The 2 big opposite trend in things is the relentless growth in House Prices and the increasing population ... It seems Group 1 .. Is Conflicting against Group 2 ... If these 2 groups were more equally beneficial to the majority, life in general would be better for all.... Sadly as we all know money and greed is the govering factor in many situations.. which has also seen relentless growth in the wealth gap... Unaffordability is the word that is now gradually encroaching on many peoples lives in different ways... How the situation we be by say 2025 .. We will see.. How much improvement is created by adjustment to the 2 example groups I have mentioned..

Nice post and interesting.. If the steel now comes to the UK via the system you posted ... It just shows the poor state of affairs the UK steel industry and others have ended up... And it is all mainly down to money and cost... Even more so in the current world we live in... How shipping Lambs from Australia years ago was cheaper than UK home produced Lambs seemed crazy to me... Probably because of the sheer volume shipped .. .. Now it is mass volume of migrants being shipped .. One extreme to another ..

yes mainly UK workers it would seem.. but foreign company input... not a true fully home built construction.. But alas more foreign input is the case today on so many projects and take overs..

Seems sheer lack of government future planning.. even mass solar panel farms can produce needed power, not sure if they can beat wind farm power production ..... but we need to up our home production of power sooner than later as an investment for our ever growing power needs.. and we need have the ability to produce more than our needs as a backup in years to come as power usage security... Just to get some in to do or run things that we should be doing ourselves...to me is crazy.. A lot of our rail network is foreign owned or run by, water and electricity all with profits taken out of the UK.... The gross revenue and profits the Electricity companies must make would probably pay off he national debt in future coming years Building, Owning and running our own infrastructure seems not on our governments agenda.... I wonder who built the Forth road Bridge all those 50 years ago UK workers or not...

Well posted ... The UK relys so much on imports and from others, rather than self creation and ideas .. Seems to be so easy to get someone else to do things even with of course the mass extra cost involved ... We are becoming less masters of our own destiny every year .. What we could do years ago without any issue ... Sadly now is the issue .. We now cannot in many cases .. Self created by past government over the past 40 years .. And imports 30% more than exports will no doubt grow further .. As you say French build our own power station.. And gain financially after it is built. A nice package for EDF ... If Reports of some UK train carraiges built abroad are true the downturn in UK production over the years seems a backward future of self reliant on others more and more..

Thanks for that information ... As I said with the flooding issues in the north this year ... Maybe splitting any river that causes floods in the past .. Make a detour of half the water through a hydro type system and into a new lake or divert back into the river .. Just an idea to use troublesome flooding rivers to another use..

My gripe about UK energy is for many years if I am correct we have imported around 25% of our Electricity from Europe... I cannot except that over the past decade we could not have become more self reliant in producing more or all of our Electricity needs... and maybe exporting in another 10 years time... The UK seems so badly behind the curve of future planning in so many things.... Electricity is predicted to continue its increasing demand monthly for countless to come.....So not investing in more sustainable constant reliable electricity production would be more common sense and cost affective ... than relying on a growing X amount to be imported from elsewhere ..self reliant is to be more your own Master... and more control.. I would have thought there must be a couple rivers in the north that could be adapted to create a power source of some kind and being green power as well... more so if future weather is for more rain and flooding and less snow...Divert parts of some rivers to create power seems a logical idea...and reduce the pressure of flooding.. Makes sense to me if only on a small scale.. to start with...constant flowing water is power source ..2 girders across a river or platform on the waters edge with a paddle wheel connected to a turbine you can generate power to the national grid.. There must a space on many flowing rivers ..that maybe considered...many small can produce a lot as they say...

If there is a reduction of the use of oil... it could well stem from 2007 financial crash and since then car journeys maybe less as people cut their journey costs.... Certainly in Great Yarmouth in the past 3 years there are more parking spaces and of course the amount of travelling distances to going shopping has changed to having items delivered instead. It has saved many a 40 mile round trip by car to Norwich in my area .. multiply that by how many across the UK or around the world doing similar ...1 million items a day from Amazon alone is 1 million travel journeys saved.. Then the past 10 years of the growth in Electric cars with 50,000 Electric cars reported sold worldwide by Tesla in the USA could be the start of less oil used by cars in the future ..... Things as we all know are constantly changing... https://www.teslamotors.com/en_GB/about P.S. Nice rise in the SP yesterday and today... I will say no more.....