Member Info for mick-b

UP !

9.30p

NKNICK

I corrected by post

IT'S POUNDS

Correction

£2m and £4m trades

no price shown

2m and 4m trades

off market ?

Rishi Sunak’s government could be forced to intervene to help homeowners feeling the pain of rising rates.

There has been further gloom for homeowners this week as banks reacted to signs of stubborn inflation by pulling mortgage deals and raising rates, while polling suggested nearly half of borrowers fear they will struggle with their housing re-payments within 12 months.

HSBC was expected to take the extraordinary step of raising its mortgage prices for the second time in a week, as speculation mounted over whether Rishi Sunak’s government could be forced to intervene to help homeowners feeling the pain of rising rates.

With markets betting on interest rates hitting nearly 6 per cent within months and government borrowing costs surpassing even the peak seen during Liz Truss’s mini-Budget meltdown, ministers urged banks this week to act to protect mortgage-holders struggling with repayments.

One expert told The Independent on Wednesday that the chaos was “going to sting a lot of people” and warned that renters will ultimately feel the greatest impact, despite predicting that banks “will fall over themselves to come up with ways not to repossess” people’s homes.

90 day suspension for

deliberately misleading the House, deliberately misleading the committee, breach of confidence, impugning the committee, and thereby undermining the democratic process of the house,

Susannah Streeter, head of money and markets at Hargreaves Lansdown, agrees that the Bank of England is likely to keep hiking interest rates in the months ahead.

And even once borrowing costs peak, they are unlikely to fall quickly, she warns:

At the point when the Bank of England chooses to press pause, immediate cuts in interest rates aren’t expected. Inflation is still likely to be a threat, partly because of the ongoing fight for talent across the labour market.

Brexit is considered to have made this more acute, particularly for certain industries, such as healthcare. This has had a knock-on effect on another problem facing the economy – the high numbers of long-term sick, given that a lack of staff is likely to mean longer waits for treatment.

It's weird how quickly Boris Johnson's supporters can read a 30,000 word report.

ASOS - one of the most successful AIM firms EVER....(main market now)

went over £77.... 100+ bagger.

fast fashion tarnished as environmentally bad

plus HUGE competition from Chinese SHEIN

ASOS trading update.

v small profit but revenue is down

Less worst than feared

Relief rally imo

UK core inflation is INCREASING !

FTSE100 DOWN 0.3%

view live >>>>>

https://www.ig.com/uk/indices/markets-indices/ftse-100

https://www.teletrader.com/european-markets-slightly-lower-as-fed-holds-rate/news/details/60167560?internal=1

Bookies offer 1/4 odds on Boris Johnson starting a new political party, although it's unclear if he'll know it's a party when he's actually there.

Smart buy

GL

Breaking....

LONDON/HONG KONG, June 14 (Reuters) - Vodafone and CK Hutchison will merge their British operations, the two groups said on Wednesday, creating the country's largest mobile operator.

Breaking....

LONDON/HONG KONG, June 14 (Reuters) - Vodafone and CK Hutchison will merge their British operations, the two groups said on Wednesday, creating the country's largest mobile operator.

Sharehollders at Shanta Gold

No. Million % of Company held

1. Odey Asset Management 123,386,580 11.73%

2. Hargreaves Lansdown 98,820,280 9.40%

ODEY WOES - I do pick 'me !

lo!

🍻m8

Https://www.teletrader.com/europe-mixed-in-premarket-amid-data-us-fed-call/news/details/60159648?internal=1