Member Info for snige

"Clean coal technology may be worth taking a second look at,"
Even if coal was clean it would be a big mistake to return to 1970's coal fired generation.The supply cannot meet demand without off loading a quality energy at cheap night tariffs.
Gas was the perfect partner for renewables but not at any price so storage as ever is the only way ahead.
"Among key messages to emerge from the report were that holistic energy market reform will be needed to drive flexibility, with as much as 13GW of electricity storage needed by 2030 to enable huge growth in renewables.
https://www.energy-storage.news/national-grid-says-uk-could-need-13gw-of-energy-storage-by-2030-to-enable-net-zero-future/

"The sole purpose of the programme is to reduce the ordinary share capital of the Company."
If the average price of shares purchased are 35p instead of 40p you can purchase 882 million more shares for your client.
I would think MS are contracted to get the best deal for Lloyds,not its shareholders although in the LONG term shareholders will benefit.

LTI,
" interest rate rises are needed before we get to an inflation crisis."
On this occasion raising the cost of money adds to inflation as business will try to recoup the costs.
Just adding $50 a barrel to the 1.6 million barrels we consume a day will suck $29 billion out and i know not all of it leaves the UK but if not invested in the UK by oil companies or paid to shareholders who are 66% foreign the cash is lost.
In addition as Theosus mentioned the 20% vat on the whole will go to balancing public spending as index linked gilts at 10% RPI will cost a bomb.

It reached the 20's with covid then the 30's are achievable if the UK rejects dirty money.

LTI,
https://economictimes.indiatimes.com/news/international/world-news/zelensky-vows-to-rebuild-ukraine-and-says-russia-will-pay/articleshow/89969526.cms?from=mdr
I suggest you get some sleep,you're knackered.

"decades ago one madman led the world to a world war and here we are again,"
Yes, he rose from the ashes of the Versailles treaty in which a defeated Germany was required to pay for the war yet we are trying the same mechanism on a country loaded with nuclear weapons.
Will history repeat itself?

A positive for Putin to take his time would be to allow more people to leave Ukraine, Europe then ends up with the headache of 7-8 million refugees.
Now that's an expensive sanction,have we planned for this one?

"move to Jamaica and sit it out for 3 years and then buy your old house back for half the price"
Or why not follow Liz Truss advice,teach yourself combat drills and pick up a foreign language at the same time like UKraine or Russian (if captured).
Be first to know when it's all over.

Wouldn't most brexiteers feel we are dealing with a mad man,i mean Zelensky has just applied for EU membership,lol.

Done all the easy low hanging sanctions just the hard ones left,refusing Russian oil and gas.
Don't think it will make much difference,although the OBR forecast on inflation will be way out,what will a 2p divi be worth in 2023?

LTI,
"banks are down more because of the extra sanctions that the city will be applying".Putin doesn't care about western sanctions.
More self imposed injury on top of the brexit sanctions

Russian speaking people want to be part of Russian federation-bad,yet Syrians want to be a part of Israel-good.
"In 2019, the United States became the only state to recognize the Golan Heights as Israeli sovereign territory"
In brexit terms - get over it.

"Across the UK and RBSI retail and commercial businesses, net lending excluding UK Government support schemes increased by £7.8 billion, or 2.6%, including £10.8 billion of mortgage growth"
Which means other lending (apart from low NIM mortgages) fell by £3 billion,well below any inflation figures you care to choose.

Incredibly high vacancy rates caused by people leaving the job market might fool the B of E to raise rates more than necessary coupled with higher inflation and an interest fueled stronger £ will leave UK exports less competitive.
https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/jobsandvacanciesintheuk/latest
UK growth is being held back by lack of workers.

America will do anything to remain top dog so any reason for sanctions will damage Russia and a bonus,Europe.
The only trouble i see in UK following US foreign policy is it will damage our financial service industry,but that's if we follow the rules.
Unlike Blair i have no faith in American intelligence.

Massive spike in infections/deaths in a 4 dose fully vaccinated country,larger than when it was unvaccinated.
just saying
https://www.worldometers.info/coronavirus/country/israel/

" Along with the great gold sell off."
Compared to Thatchers introduction of index linked gilts at RPI it's peanuts,can we put this one finally to bed you old farts.
"On the 25th November, 2020, the Chancellor of the Exchequer announced that index-linked gilts — government bonds whose payments increase with inflation — will no longer be linked to the Retail Price Index (RPI), but the newer Consumer Price Index including housing costs (CPIH). This switch will take place from 2030 and will save the government an estimated £2 billion a year."
RPI is currently running at 2% above CPI on the outstanding £480 billion,you do the maths.

“the old system with cheap European labour did not work”
The government is planning on net migration of 2.2 million over the next 10 years but this time from the rest of the world,so no change here.
"During the 10 years between mid-2020 and mid-2030, the population of the UK is projected to increase by 2.1 million. The projections suggest:

6.6 million people will be born

6.7 million people will die

5.6 million people will immigrate long-term to the UK

3.4 million people will emigrate long-term from the UK
https://www.ons.gov.uk/peoplepopulationandcommunity/populationandmigration/populationprojections/bulletins/nationalpopulationprojections/2020basedinterim#interim-projections

It must just be a coincidence the government is helping consumers with their energy bills by reducing council tax 1 month before the local elections and for this year only?

LTI,
My apology,the figure is 598,000 fewer people working an increase from the 567,000 reported in Dec 2021 .
https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/employmentintheuk/latest#employment
You can find it under summary but i do agree with your vacancy figures.I would imagine Employers have been offering permanent positions to hold staff and part timers full time hours which account for the reduction in part time staff.
You are right in saying PAYE numbers have risen by 400,000 but with an NHS waiting list of 7 million how many of that number are stuck at home.