Member Info for ocelot

1.8025p = the closing price

1.855p is, at the present time, the last reported trade.

There's a potentially very positive reason for the delay in the TBS report, they are revisiting the original findings to take account of the finer material which was originally excluded.

The Times reports, on the front page, that "Sunak also put on hold proposals to reform the planning system, ...".

Most certainly not, it's the principal reason why the share price has been so soft this morning.

Adrian has just tweeted:

Extra skips delivered to #Horsehill this morning. Enviroment services tanker in to. Looks like they are gearing up for something . My first visit here for sometime.

at 08::17:27. Trade 53, late reported.

There was another aspect to Truss and Rees-Mogg's approach, freeing up supply-side constraints by, for example, reducing all the potential obstacles involved in obtaining planning permissions.

That is less controversial so, hopefully, will be retained by the new government.

Confirmed by BBC rolling coverage's update of 14:46:

... But his latest statements today, and confirmation on the policy from Downing Street, mean fracking is again banned in England.

It should be remembered that SS kept well away from the fracking debate, it looks as if he was right to keep out of it.

GL did well to keep away from the fracking debate.

From today's PM's questions, it looks as if Sunak intends to respect the moratorium on fracking of the last Conservative manifesto, hence Igas is currently down 25.1%.

Igas is currently down 23.9%.

In its rolling coverage update of 13:27, the BBC is seeking clarification:

... Both the Truss adminstration’s lifting of the moratorium and Sunak’s expressed views at the election debate three months ago have changed. We've asked the government to clarify.

Chris Mason's comment I cited in my post of 13:43 below was timed at 13:37.

It all depended upon the survival of Truss and Rees-Mogg.

The BBC's Chris Mason has just confirmed what I thought:

"The last few weeks saw the near total junking of Liz Truss’s programme for government.

Today at Rishi Sunak’s first PMQs, it felt like the last remaining remnants of her ideas were lobbed in the skip.

So her flirtation with fracking in England is junked.

Sunak has reverted to the promise in the 2019 Conservative manifesto to maintain a ‘moratorium’ on it ...".

Caroline Lucas approved of Sunak's answer to her question just now - think fracking has dropped down the list of governmental priorities.

From a Citywire article dated yesterday:

Portfolio managers are now holding their highest levels of cash since 2001, as fears over the macroeconomic outlook, central bank policy and asset allocation calls have all hit at the same time.

The latest Bank of America Merrill Lynch fund manager survey found the bulk of those canvassed had aggressively shed equities in exchange for having more liquidity on hand.

The average global fund manager now has about 6.3% in cash, a level not seen since 2001. Equities are viewed as being near maximum bear levels, with the underweight to the asset class now operating at three standard deviations below the average level of investment ...
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So, lots of institutional cash waiting on the sidelines. Have PIs behaved in the same way?

At least the UK's bats are of modest proportions.

West Africa's Hammer-headed bat was brought to my attention recently. The beast's got a wingspan of nearly a metre, you would know about it if a number of them were in the air near you.

Grant Shapps.

Barchart isn't forward-looking and shouldn't be used that way. Barchart is backward-looking, being updated each day for the previous day's figures.

Rees-Mogg resigns from government
Jacob Rees-Mogg has stepped down as business secretary, the BBC understands.