Member Info for Penticton66

Exclusive: Boots, Ocado and Homebase to offer millions of Brits Bitcoin cash back

https://www.cityam.com/exclusive-boots-ocado-and-homebase-to-offer-millions-of-brits-bitcoin-cash-back/?utm_source=newsletter&utm_medium=email&utm_campaign=Before+the+Open%3A+

Thanks, much appreciated

Re American shares. Would be interested to hear about your experiences with the US withholding tax. Also which dealer do you use to buy/sell US shares?

Missing from the Chancellors budget speech was any reference to changes in CGT; or did i miss it?

https://www.bbc.co.uk/news/business-58955264

There are rumours that the current Capital Gains Tax rates may be tinkered with.
The tax is paid when people sell assets such as shares or a second home.
It's been suggested that rates could be aligned more closely with income tax rates, which could mean scrapping the current tax rates of 10% and 20% (or 18% and 28% for property) and instead making everyone pay income tax rates on their gains.

A report by the Office of Tax Simplification, published in November 2020, recommended that CGT rates should be increased to bring them into line with income tax.
But it would be unlikely to raise significant extra amounts of tax, as it is typically paid by only about 275,000 taxpayers and raises less than £10bn a year.

https://www.youtube.com/watch?v=U3ffX1KGWQs

Good news to pump up US based investors

https://seekingalpha.com/news/3748326-argo-blockchain-jpmorgan-chase-paypal-among-other-industries-get-initiated-at-bofa

https://www.coindesk.com/visa-australia-bitcoin-payments-crypto-spend

https://www.dailymail.co.uk/news/article-9705673/Asthma-inhalers-speed-Covid-recovery-three-days-boosting-hopes-end-lockdown.html

https://www.coindesk.com/carl-icahn-bitcoin-crypto-big-way

You can appreciate fiat’s secondary footprint from any street corner on Earth: 80,000 bank branches and 470,000 ATMs in the U.S. alone, along with forests of skyscrapers that dominate every city on the planet.
https://www.coindesk.com/whats-the-carbon-footprint-of-fiat-money

https://www.youtube.com/watch?v=fCF8I_X1qKI

Boris Johnson will be told that social distancing can be scrapped at big outdoor events from June 21, paving the way for the return of big crowds.
https://www.dailymail.co.uk/news/article-9527405/Vaccine-40s-Numbers-falling-ill-Covid-drop-lowest-level-pandemic-began.html

Bitcoin worries. Prices has dropped $2000 in a matter of hours. RIOT and MARA both down 15%. COIN also down from high of
$429 to 4372. Lets see if they can claw back those losses before markets close in US.

Liu Zaiwang’s Jangho Group has built its holding in Cineworld to 13.3 per cent, according to stock market filings published yesterday.

https://www.cityam.com/talkover-talk-mounts-as-chinese-tycoon-ups-stake-in-cineworld/?utm_source=dlvr.it&utm_medium=twitter

Liu Zaiwang’s Jangho Group has built its holding in Cineworld to 13.3 per cent, according to stock market filings published yesterday.
https://www.cityam.com/talkover-talk-mounts-as-chinese-tycoon-ups-stake-in-cineworld/?utm_source=dlvr.it&utm_medium=twitter

This is the main thrust of the article in the Telegraph ( the rest is behind the paywall )
Top executives at Boohoo are set to be quizzed by lawyers after judges rejected the retailer’s attempt to dismiss a $100m (£75m) legal action over “fake” discounts....
The accusation, true or false, does seem to be motivated by rather 'darker' reasons than the protection of the consumer, although, I have no evidence to support that opinion.

It’s confirmed: cinemas, theatres, and concert halls can still stay open after 10pm (for now)

https://www.timeout.com/london/news/theatres-cinemas-and-concert-halls-can-still-stay-open-late-092320

Tenet’ Triumphs with $53M in Worldwide Debut in 40 Overseas Markets and Canada
Tenet” will open this week in the U.S. and China, the two largest markets.

https://www.breitbart.com/entertainment/2020/08/30/box-office-tenet-triumphs-with-53m-in-worldwide-debut-in-40-overseas-markets-and-canada/

United Oil and Gas has taken over the running of Jamaica’s Walton Morant oil field from fellow explorer Tullow Oil, it was announced today.
This morning, the firm announced that the Jamaican government had given it permission to take forward the reserve on a 100 per cent basis.

https://www.cityam.com/united-oil-and-gas-takes-over-jamaica-field-from-tullow/?utm_source=dlvr.it&utm_medium=twitter