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As predicted -- last year -- THG is now plunging well below the 50p level.

Slowing demand, soaring costs and plummeting profit margins are a toxic mix.

The technical charts now look ultra-bearish.

The 10-20p range looks like the next stop.

Meat alternatives are out of fashion for now. Beyond Meat, for example, has crashed -90% from its peak. ANIC has plunged below levels not seen since 2013.

Looking forward to the next RNS new buzzword. Will the prof go up-ice, down-ice, or side-ice? What colour from the rainbow will the next sparkler be? What new permit is on the horizon this year? Exciting times.

Nasdaq closed at its 4th biggest points fall ever in history.

Well, after a week of holiday in the Ibiza bubble, it feels good to be back in the UK for a dose of misery, hysteria, and self-loathing.

The UK jobless rate is now sitting around its lowest level ever in history. Everyone who wants a job has one. Looks like a clear Brexit dividend.

Britain's share of global vehicle production has collapsed by an astonishing -90% during the past 60 years. Iran is on track to build more cars than the UK in 2022. Don't think fizzy Lizzy wafting around in a No.10 Jag is going to make much of a difference, to be honest. It is too late. But Truss does need to send the right optics. If she supports British goods and British jobs, she must be seen to use British (or British-led) goods and services. That means no Audi or alike.

One thing Bailey and Truss need to make clear is that Britain is now a "failed state".

In less than 15 years, this century alone, the UK has received an astonishing $2 trillion of state bailouts.

Like a tinpot state, such as Argentina (21 bailouts), we need one state bailout after another.

Two trillion...

2009 = $1 trillion
2020 = $600 billion
2022 = $300 billion

This is a slow-motion train crash.

We are living thru the end of the West.

Never understood the attention focused on Scotland. It is a tiny 7% of the UK economy, barely 1% of the EU, while its banking and oil-gas sectors are in steep decline. There are far bigger fish to fry, such as energy, Ukraine-Russia, etc.

Britain's poorest have never been richer. You can make well over £1000 a month and pay (literally) zero tax. Not to mention tens of billions of huge benefits available completely for free, such as healthcare, child benefits, or a free car, despite paying-in zero tax.

Time for Britain to stop the culture of misery and despair. Think positive. Think growth.

Good to see Lizzy getting busy.

Another £170,000,000,000.00 down the plughole... but she has no choice. It's yet another existential crisis -- 2 in 3 years.

Time for Iron Liz to start slashing taxes, give the people their money back, face down the communist unions, and shrink the bloated state.

A very bullish (and unusual) spike for LLOY today.

Let's see if it can hold the (important) 45p level at close...

Need to work your money harder, son.

MSE + Raisin + AUB bank = put in £10k and get £55 bonus + 3.55%... for an effective rate of 4.05%.
YBS bank = 5% on a regular saver of £500 a month
Nationwide bank = £1500 in a flexible saver account
Switch current accounts 3 times in a year, between Santander, Halifax, etc. for another £400-500

That's roughly £1100 gross "interest" on a £17,600 investment, for a 6.25% return.

Beats 85-90% of the FTSE 100 dividends -- and for pretty much zero risk.

As predicted and expected. Truss for the win, and another £100b added to national debt. Tax cuts and a 2023-24 election on the horizon.

"...4.05% yield (interest rate)... please enlighten me"...

See MSE, Raisin and AUB bank.

Edit... FTSE 100 futures are sharply down, about 1%. Could fall further if there is a Tory PM surprise.

FTSE 100 futures look flat to slightly down, about 5mins ago. Wall Street is shut on Mon, so UK trading will likely be quiet. Unless there is a major Tory surprise for the PM vote result at 1230pm midday (e.g. Sunak wins).

"...What's not to like with FTSE 100 dividend payers I say"...

Well, the current dividend yield on the FTSE100 today is around 3.88%.

It is possible, right now, to get a risk-free, one-year, fixed savings account with a 4.05% yield (interest rate).

FTSE yields not looking quite so good anymore.

GDP per-head is the only stat that matters. The more GDP per-person, the more spare cash you have, the more you can spend. The UK is currently ranked 28th in the world -- more or less at the absolute bottom of Western nations.

The UK has seen its global arms exports collapse by more than half in the past decade. The UK is about to drop out of the top-10 of the world's most powerful militaries, overtaken by tiny South Korea and others. Not to mention our rented nukes, which will only work if the US deigns to share the codes.

Most people simply do not realize how far (and fast) the UK is falling behind the rest of the world!

Some speculation today that Turkey is quietly prepping for war with Greece (over disputed Med islands). Turkey drones have had a "good" war in Ukraine. Erdogan may be feeling a bit hubristic.

Results yesterday were terrible.

Very low gold grades, and very low recovery rate.

CGNR has been looking and digging since the last century -- when John Major was still Prime Minister!