Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
This shows the net Interst Margain over the last 11 years.
https://www.statista.com/statistics/294817/barclaysl-net-interest-income/
You will see it has decreased over the yeras, but with rates rising as much as they have in last 6 months or so, then it should be back to previous highs.
I agree it seems to be sticking around this mark.
Unless more practices are acquired then it may be its mark for a while however those lockdown pets are still around and will need care.
The only other challenge (and this is applys to the majortiy of businesses) is will people cut back. e.g. less jabs, not take when they may have done if pet ill/injured.
So this is in the statement so no direct change in the 3% levey but will pay more as Corp Tax increased
Bank Corporation Tax Surcharge - Following the decision to proceed with the Corporation Tax rate increase to 25% from April 2023, the changes to the Bank Corporation Tax Surcharge which are legislated to take effect from the same point will also go ahead. This means that from April 2023, banks will be charged an additional 3% rate on their profits above £100 million – meaning that they will continue to pay a higher combined rate of corporation tax than most other companies, and a higher rate than they did previously.
Can get 5% at Barclays (granted not on much!!)
https://www.which.co.uk/news/article/new-barclays-instant-access-savings-account-tops-5-interest-but-it-comes-with-caveats-a1A627u115jc
I think we will see it drop back over next few days. 150 seems to be the ceiling at the minute.
I do think though that when Q3 are announced next week it will break through the 150. If we are arround the 149/150 mark at close the day before results then we may get to 155.
(All guess work really so DYOR :) )