Member Info for snige

We currently have a healthy trade surplus of £33bn under an EU trade agreement with the U.S, our number one trading partner, however today it was said "America's top trade negotiator has said a deal with the UK is unlikely before the US presidential election in November."
Will we also lose this on the 31st Dec?
https://www.bbc.co.uk/news/business-53084467

Nationwide to triple deposits for first time buyers to protect themselves from negative equity.
www.theguardian.com/business/2020/jun/17/nationwide-triples-minimum-deposit-for-uk-first-time-buyers

QE is a waste of time if the cost of credit doesn't come down.
In the last recession interest rates fell 5% and never recovered yet Lloyds NIM rose from 1.77% to 2.80%.This time we've run out of interest rate, if the QE is going to work this time the cheaper credit is going to hit the NIM.
Trickle down is slow.

Also Falkland by buying them back at 28p you'll be able to carry out your civil duty of paying tax(stamp duty) of £945 thus helping Boris and his good fellows pay for the mess we are in.

Asp1,i didn't hear him say "UK economic recovery projected to be the fastest among leading nations" but I did see him avoid answering questions on consumer stimulus in particular VAT.
I would say if you have a large vatable purchase in mind it might be worth delaying and at least get 5% on your savings.

Banks make money out of lending but it's a bad time to lend if you can't get your money back on an interest free loan.
"Three senior bankers estimated between 40 per cent and 50 per cent of the 608,000 borrowers who have accessed the Bounce Back Loan Scheme, or BBLS, could eventually default on the debt as the prospect of a quick economic recovery fades."
There is hidden value within Lloyds though if that's your investment strategy.
https://www.bmmagazine.co.uk/news/uk-banks-warn-half-of-bounce-back-borrowers-will-never-repay-loans/

Asp1,don't help me with this one - I've seen the film.
GHOSTBUSTERS
I guess some are thinking Mondays grand opening of non essential retail may have a positive effect, but they'll need to hype it up more than Northern Ireland, going by the web cams.
https://trafficwatchni.com/twni/cameras/static?id=1

TFE, you have to admit the gremlins and greens got it right this time and that's what niggles you... in your playground language, you are the loser.

2B.Frank, "All is opening up again l doubt many will venture abroad meaning more spending in the uk, "
Yes if we all stayed at home we'd be £22bn better off with a trashed aviation industry and 40% of our exports damaged.
So what are the people going to spend this £22bn on,drinking/eating by numbers but still remaining alert and having a good time don't mix.Will people part with money for an inferior experience or will they wait for it to be all over.
Fears in US of a second wave and their new cases are running at twice our filthy rate and concerns over deflation doesn't indicate consumers want to spend yet.
ng up again l doubt many will venture abroad meaning more spending in the u

Stagecoach, if they can make any sense out of my data I'd appreciate if they could let me know, can't think it has any value.

The people had from July to decide and they chose the Classics/funny guy he's second to none in his field - nothing like Corbyn.

Boris says he's going to open up shops longer on Sundays to kickstart the economy, who gets up at 8.00am to go shopping?
I think he needs to stimulate envy, too many First World consumers are settling for less - I blame communist China myself.

"GDP expected to fall dramatically."
What keeps going through my head is the OBR figure of 35% for Q2.Could it possibly be this low,or have they lowered the bar to beat expectations.
Government needs to close social media so we can then believe them.

Think the market would have dipped a bit if Sharma's test hadn't been negative for covid - a lucky escape for the government after all those weeks of hand washing and social distancing.

Nash,
I would say the UK is currently 4 to 5 weeks behind European infection/death rates and UK focused business should be following this curve.
Perhaps by September we'll be 8 weeks behind going into a winter mix of flu and covid 19

Trump and I are in agreement for once.
He said the fall of 2.5m in the unemployment figures were "incredible", that only leaves 37.5m - reality check.

Darth, the UK needs a leader who isn't frightened of exposure.

Looking like George Floyd might have an effect on markets tomorrow, lots of youngsters (very low risk) spreading covid to higher age groups.
Back in blighty I would have thought most business if they have orders to full fill would have figured out social distancing by now and be back at work, with the exception of 2.5m hospitality workers and 1.5m non essential retail, yet government says around 11m are being furloughed/self employed grants - has Britain got use to lower demand.

TFE, definitely add that one although shrouded in a mist of security. Could add draining the swamp, immigration (Brexit) or even fake news itself.
You have to pick on a topic which the people believe has it errors and say you're going to fix it but have no intention of doing it.
I see your Raab has offered a home to 2.9m Chinese.

Nash, I would say from an individuals view the standard of living now is higher than in 2000 as we all accumulate wealth however from a community view the infrastructure,housing,healthcare,education have all deteriorated.
As for quality of life the ruling classes believe, as always, they can get away with murder which makes it more annoying these days with the level of media coverage allowing the general public to make their own judgements on whether its fake news (lies), be it some guy telling you he needed to drive 50 miles in daylight to check his vision for a night drive home, or 3 policeman suffocating a hand-cuffed man.