Member Info for nomlungu

And, maybe more importantly, GOV should be encouraging research into grid storage that can start storing power at short notice when there is excess power being generated.

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And that is after clearing out the detritus a little while ago...

You could always leave the UK and go in live in MAGALand... I doubt many here would miss you and your family would probably appreciate net having to listen to your need for attention.

'The Ministry of Defence (MoD) said thousands of personnel would get access to wearable personal chemical agent sensors that allow them to detect dozens of toxic threats.'

https://eandt.theiet.org/content/articles/2023/10/uk-armed-forces-to-get-88m-sensor-upgrade-to-detect-chemical-threats-in-battle/

I thought that this KMK's bread and butter?

A Global Security expert - his insight on the conflict will interest some. This stood out: "About ten days before the surprise attack, the Egyptian Minister of Intelligence, General Abbas Kamel, called Prime Minister Benjamin Netanyahu - and warned him of "something unusual, a terrible operation", which is about to take place from the direction of Gaza. However, in the days before the surprise attack, IDF senior officials told the political echelon that Hamas was deterred, and not interested in escalation."

https://www.globalsecurity.org/military/world/war/operation-iron-swords.htm

I expect a Reform / Conservative coalition, either formal or informal, will emerge for the next General Election. Farage's ego means the promise of a safe seat (where he does not have to do too much constituency work himself) or a seat in the House of Lords (for however long that lasts) must haves some appeal to him.

Having Patel and Braverman practically begging him with promises of how they will reward him after $unak is gone is going to be persuasive. My spell check does not recognise "Braverman" - she is not as widely known as she would like to think.

3 Hezbollah fighters killed in Lebanon today; they will want revenge, so Israel has just added a new front. This is going to get very messy before there is any relief.

Looks like p!55, tastes like p!55 & made from p!55: "Wastewater beer aims to help quench U.S. drought"

https://www.rawstory.com/wastewater-beer-aims-to-help-quench-u-s-drought/

Probably some solids to start with as well!

This is a death knell for all leverage; it hinders those with mortgages, those who have invested in bonds or shares in leveraged companies, those who expect GOV to run a deficit etc:

'But the latest surge has raised worries that the onslaught of new debt could pressure bond prices for years to come.'

https://www.wsj.com/finance/investing/government-spending-hurting-bond-portfolio-8a063f39

Rising US rates mean rising rates here. What does BoE rising rates to 7% do?

Is the highlight of your day opening a new account and then being ignored?

30p Lee will be delighted

Bondholders getting a haircut - anything left for retail punters? We will soon find out:

"Metro’s financing package also includes £600mn of debt refinancing, which will involve holders of Metro’s riskier Tier 2 bonds taking a 40 to 45 per cent haircut on their investments."

"For the whole company????"

It could be when you see the FT reporting "Several major lenders rule out a full bid for UK challenger bank in the absence of state support".

GOV is going to want this ended as soon as possible; it is bad politically and, more importantly, it is going to shine an uncomfortable light on the wider banking industry that seem to be sitting on mountains of unrecognised losses.

Wendall goes to Grimsby

https://www.youtube.com/watch?v=AAQgngfpA2I

Adrian,

I keep recommending you get a spell checker extension. You are hardly trying to hide your identity anymore...

"What is the minimum here ?"

£1 & State support... A 'buyer' could, effectively, be paid to take over the assets and liabilities.

Looking like a mercy killing before markets open tomorrow. $unak cannot have a run on a bank whilst Labour's Conference is on.

https://www.ft.com/content/fe6f375e-c52f-496f-90dd-9c34e64cb581

£1? Will Richi $unak be putting pressure on?

A run on a bank as the Labour Conference starts will doom $unak to a swift exit before he has a chance to fight an election.

Welcome back Adrian.

Maybe they only offered £1 for the whole company because they know the whole in the accounts is £1.5 billion. The regulator is likely to enforce mark to market rules when the company is recapitalised... and the bondholders know it and are panicking.