RE: ITV Trading Update6 Nov 2025 08:04
It filters out trolls, led by the local Tomalley Donkey's Club. For those who don't do it: Don't be surprised if trolls suddenly state that bought ITV shares at around 66p and are now, as usual, making money on their next investment – unlike us "fools," long-term ITV investors who have been counting losses for years.
Regarding the future and the budget, I think the option of increasing the income tax rate, freezing the tax-free rate, extending VAT, and, on the other hand, reducing the tax rates on electricity will be chosen. A cut in ISAs is also likely, but only for typically stable investments, benefiting the capital market. What I miss in all of this is cost cutting and a decisive fight against illegal immigration. Cutting all subsidies, benefits, and preferences for these people is essential, because today's official costs of around £2 billion are a lie. The true scale of the budget burden caused by this (even the costs spread across the overburdened healthcare system and housing) far exceeds this amount several times over. Without combating those who profit from this illegally and revealing the faces of those for whom it has become a legitimate business, we will be condemned to ever-increasing financial costs.
Overall, the new Budget is more predictable and should be more positively received by businesses. This indirectly means unlocking growth and greater advertising spending.