Member Info for stagecoach

" things have certainly moved on "

Only a few short years ago Lloyds and NatWest were fighting " tooth and nail " to hang on to part of their branch networks under the EU forced sale bailout agreement.

fleccy

Banks will be blocked from closing branches through newly introduced FCA legislation.

UK banks are now in a race against time !

Labour Party if elected, have already pledged, to halt the mass closure of high street banks.

Some sense of relative calm seems to have been restored ( for now ) after recent market volatility and turmoil.

May take a little longer for investor confidence to return after the latest banking crisis and sharp falls in financial stock share prices.

musicman99

Nobody likes paying taxes especially me being a high rate taxpayer, without them it would be impossible to pay and provide for public services any decent civilised society would expect.

When it comes to taxation the UK is no Dubai or Singapore . Take a look at the Swedish system where high taxation sits comfortably alongside a well - funded state system of public services.

No " rule of thumb " when it comes to investor stockmarket behaviour, nor is fundamental technical analysis an excact science either, more often than not it's unexpected breaking news what drives financial markets and company share prices.

Media speculation and City chatter doing the usual rounds, ....... Who next ?

I don't always " see eye to eye " with Wetherspoons boss Tim Martin's outspoken political views, however i will certainly drink his Sharp's Doombar Bitter all day long at £2.05 per pint.

Now that's what i call value for money !

Wids

Yes share price appears to be in free fall, due to further central bank monetary tightening, resulting in credit defaults swaps going through the roof.

Nagging concerns for banks will persist, more volatility and turmoil ahead for the sector.

UKs third largest mortgage provider, non - dividend paying Nationwide building society announced today it's cutting some mortgage product rates by a further 0.45% basis points from friday, despite BoE hiking base rates by 0.25 % today.

Increasing interest rates will not reduce staple food prices for already financially hard pressed UK households.

BoE face a difficult balancing act in Thursday's interest rate decision.

Lloyds currently " pick of the bunch " from a relative safety point of view.

After the Credit Suisse debacle, many European banks including UK bank Barclays will need to take a closer look at their risky capital intensive banking business models, failure to do so will turn out to be it's achilles heel for many of these banks with capital markets and investment banking operations.

European banks with investment banking arms simply can no longer effectively compete with American investment banking rivals on size, valuation and performance.

Hell - bent on global domination and creating a new world order.

Conflict between America and China no longer seems like a remote possibility, as America's global empire of military and economic influence begins to crumble.

Eightyeighty88

Yes markets are on a roller coaster ride for trader's.

Volatility means opportunity !

London market turning negative to UBS deal, particularly for financial stocks.

Wids

Revised UBS offer equating 50 cents per share may be more of an accurate figure, more to the point, markets and media speculation will now put more banks under the microscope looking for "material weakness " in their balance sheets and financial reporting.

If sources are correct, UBS offer of 0.25 francs per share will effectively wipe out Credit Suisse shareholders.

London and European markets are likely to take a sceptical view of the deal at the very least.

Bank Saved.

Shareholders wiped out !

Latest emergency government intervention will only lead to a futher loss of investor of confidence in the global banking system.

Dorfan

Railway nationalisation will cost nothing, the Government will simply take over the railway operating franchises when they laspe.

Water, Energy, Telecoms etc, legislation would be introduced to force shareholders to swap their shares for bonds, having said that, i would expect market valuations and share prices in these companies to have collapsed long before this action would be necessary, leaving the taxpayer to pick up these companies for a song.