RE: Monday RNS usually Postive31 Oct 2020 15:09
Hi All
I could be wrong but I personally think we will need to learn to live with COVID as we have with the flu
A vaccine will no doubt help but the virus is mutating quickly, plenty have had it twice and a few have died with the second round they caught. Part of me thinks protect the vulnerable and let the rest crack on, part of me thinks total lock-down and protect the NHS over winter, And that's back to March type, closing a few pubs and betting shops will not make the difference needed, who the hell really knows ?
In Tenerife you can be fined 600 Euros for not wearing a mask while you are out doors
Whatever happens I think Amigo should restart lending and if they do we'll see a good rise whatever the marketing are doing. Lets face it there will still be millions in work and banks will no doubt be tightening their requirements to lend as they did after 2008 for a while.
I think we will be ok but the time it takes will now depend on the outcome of lending and how much the FCA allow people to take the puppy piddle with their have a go claims. I still think it is time to put some blame on CMC and make them adhere to certain rules and assessments before submitting a claim, including telling the claimant they could be investigated if their claim is deemed fraudulent as lets face it, that is theft but that seems ok according to FCA
I'd also be topping up if I had spare funds
GLA, stay safe and don't forget "drink-eat-be merry" I may be getting BoJo's and Farther Xmas messages mixed up :)