Member Info for snige

I would think the PRA news is already priced in.
What isn't priced is rising infections and whether the link between vaccination and hospitalisations has been severed.If as Zahawi says 75% of the infections are amongst the less vaccinated under 50's who are less likely to need hospital,would that be a good indicator?
If infections keep on rising in this country no one will be going nowhere as the over 50's will probably become more cautious and other countries with lower levels on infection won't want us.
Could argue if rates level up abroad they are more likely to welcome us but then the UK would have to bin our traffic light scheme.

LTI, "Now only 3% below pre Covid 19 hit levels"and to get that growth the government had to spend £24.3 billion more than it received or approx 10% of GDP.
https://www.ons.gov.uk/economy/governmentpublicsectorandtaxes/publicsectorfinance/timeseries/dzls/pusf

I believe you Livestock but Sunday the 11th does sound a bit unusual.
Go with the flow.

They couldn't even follow international standards and get them out!
"Cancelled
We have uncovered an error in the UK trade data prior to the planned release on 9 July 2021. The error has occurred as we opened up the 2020 year to take on board corrections to HMRC data for non-EU trade which has caused a processing issue for the EU data"
Considering they are usually revised and left to the last minute to tell people to reduce publicity,what are they up to?

LTI, just makes me sick when they can sort out a potential over payment in weeks yet spend decades discussing social care.
They know their pension liability will fall from these excess deaths but they say it's unfair on the tax payer to pay out an extra £4 billion, however it's going to be alright to pick up the tab on the £27 billion of duff bounce back loans.

Just typical of government to hold on to the pensions saved when considering pensioners have lost 140,000 of their comrades.
They could easily pay a couple % over CPI (not RPI) or chuck in a free TV licence as a thank you.
What about the bus pass my mum hasn't used it for a year.

Reason for fall,fear of rising infections.
"US futures on the Dow, S&P, NASDAQ and Russell 2000 were falling on Thursday, along with global stocks, the result of increasing concerns about the spread of the Johnson variant of COVID-19. Treasuries are plummeting due as worries about a slower economic recovery than originally anticipated gain traction."

Of course Uncle Sam decides the price.
"Orient reveals that 35.9% of shares in UK companies in the FTSE 350 are owned by funds and trusts operated by North American companies, with passive fund managers such as Vanguard and BlackRock dominant." - take back control?
Another interesting stat is 62% of imported construction materials come from Europe and if the world is going construction mad then the UK supply chain will be low priority but we had 5 years to prepare for independence.
One last point on football, every match England have played the best side has won,although it was lucky last night Denmark scored twice.

Bank of America,we want to give you a better deal is still falling on growth fears due to infections - lock down by default.
Here's one for you TFE "Boris Johnson warned UK fishing will be ‘decimated’ as UK has ‘no real leverage’ over EU", where do these people end up.lol.
https://www.express.co.uk/news/uk/1294555/Brexit-news-latest-UK-eu-free-trade-deal-Boris-johnson-fisheries-michel-barnier

No bounce because Lloyds doesn't like house price growth to decline.
House prices are still rising but to get further percentage gains on a gain is coming to an end and unless we can offer 6 million Chinese accommodation,get more single person occupancy via family break-up (old folk welcome too) lloyds buying up more property to leave vacant or building supply chains failing then we'll have to get use to it.

Haven't got much of a view on it really but why stop at face masks,why not get rid of helmets and seat belts too and have a full on freedom day,the freedom to injure yourself.

Bank of England reckon it won't make much difference.
"The direct economic implications of the delays in the final stages of the relaxation of Covid restrictions are likely to be relatively small compared with the impact of previous stages."
https://www.bankofengland.co.uk/monetary-policy-summary-and-minutes/2021/june-2021
As for vaccination and i'm not an anti vaxxer but similar arguments were used by the drugs industry to promote the use of anti depressants/anxiety and the country saw a massive increase from 36m prescriptions in 2008 to over 70m in 2018 which has lead to 25% of the UK adult population being sedated.
https://www.gov.uk/government/publications/prescribed-medicines-review-report/prescribed-medicines-review-summary
Drugs for mental health only hide a problem and within Europe the UK has the highest by far for a major economy.
https://www.oecd-ilibrary.org/sites/43146d4b-en/index.html?itemId=/content/component/43146d4b-en

Now we have left wouldn't it be more advantageous for Britain if Europe was more federated instead of dealing with the rules and regulations of 27 countries,lets hope they can create a stronger union.
Just a thought.

It was always going to be a good news day with a by-election on - free illegal campaigning.
Might continue tomorrow with the result.

" No bank in the world would give out a loan to a business that has no current income" and the consequence would have been immediate losses far greater than what we have seen.
Hence lloyds owes the government a favour for its intervention into the market.
They promised us the taxpayer would never pick up the tab after the last financial crisis.

The so called "freedom day" will never match the freedom of movement we lost.
I see the UK banks in the top pocket of government for years to come,a free market is when banking covers its own risk on lending and £73 billion of covid loans guaranteed by government and the injustice to UK taxpayers picking up the tab on £27 billion doesn't fit that bill.
Paying a divi when the taxpayer will pick up the cost of bad loans doesn't currently seem fair.

There doesn't seem to be any sign after Sunak budget of business increasing investment yet.
"The weakness in borrowing mostly reflected large non-financial businesses repaying £1.9 billion of loans in April, on net. This continues the trend of net repayments seen for much of the past year, and is broadly in line with the monthly average repaid since July 2020. Although the monthly flow remained very weak, the annual growth rate of borrowing by all large businesses increased slightly from a series low in April, to -11.9% in May (Chart 4)."
https://www.bankofengland.co.uk/statistics/money-and-credit/2021/may-2021

88,
a fully vaccinated person who becomes infected can infect others - what is so hard to understand?

No drip buying by Falky yet and he knows it's going 49p plus on Friday - not very reassuring!

I think the markets believe winning the vaccination race is becoming less important.
Economically it's more important to win the infection race and would see those figures being massaged down soon.
As for Andrew Marr at the G7 or for that matter Army General Sir Nick Carter catching covid i would think both groups would be fully vaccinated,but i never mentioned that he was specifically infected by a double doser so i can't provide a link can i 88.