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Windfall tax on Supermarket profits..... utter nonsense.

Aldi the UKs fastest growing Supermarket chain have just revealed annual Pre -Tax profits for 2021 have fallen more than 86% from the previous year.

Dollar strength against Sterling, now make this company a prime takeover target for American private equity groups.

Oil prices have continued to tank for the fourth straight week on fears of looming Global economic downturn, however the bigger picture for the oil market remains unchanged, OPEC will eventually react and restore price stability at levels acceptable to the market at large.

skier1

Sterling at a 37 year low, Bond yields seeing their biggest one -day surge on record.

Financial markets have given their scathing verdict to the chancellors unfunded tax cuts.

Investors should brace themselves for possible further market turmoil next week.

A recipe for disaster !

The chancellor has recklessly shown himself willing to gamble with fiscal sustainability in order to push through these huge tax cuts benefitting the wealthiest 5% of society, at the expense of millions of struggling households in the UK.

Let us all wait and see how Lloyds share price and Sterling react, in tomorrow's Mini - Budget announcement.

People of Russia, it's time to overthrow Putin.

The world can wait no longer !

Markets will have probably already priced in Thursday's BoE interest rate decision over the last few trading sessions, don't be surprised if you see quite a significant amount of profit taking by traders on the BoE interest rate announcement tomorrow.

George Best, appalling person both on and off the pitch.

He will be remembered for going AWOL and eventually walking away from Man Utds 1973 74 season in its greatest hour of need, by the end of the season Man Utd was relegated.

Back to reality !

Lizz Truss admits US - UK free trade deal is out of reach, and now looks a very distant prospect.

The Queen's funeral is expected to become the World's most watched TV broadcast of all time.

Its now boom -time for tourism and international visitors for Scotland and London !

jcb208

Don't be surprised if the share price falls again on the day of the announcement. Markets will often attempt to price in future expectations of interest rate hikes and actions by the BoE.

Soaring interest rates and energy costs could be the " final straw " for the struggling hospitality sector, and many thousands of small businesses across the UK in the coming months.

Will go down like a lead balloon with the UK electorate !

Banker's have already received their largest bonuses this year since the 2008 financial crash, at a time when UK households are suffering a cost of living crisis, and the BoE are calling for wage restraint to help to curb inflation.

Brixton

American based military satellite imagery and electronic warefare systems have certainly turned the tide of war against Russian forces in Ukraine.

Putin will not tolerate this situation for much longer before he takes very serious decisive military action against Ukraine.

NATO supplied weaponry has finally pushed Putin into a corner, the war is now set to enter a new dangerous phase, all options are now on the table including limited tactical nuclear and chemical weapon strikes, if a desperate Putin decides to lash out.

Thank you for your 70 years of unwavering selfless dedication across the Commonwealth and the people of this country, you've made us all proud.

Charles will now have a hard act to follow as King !

All eyes on ECB interest rate and UK energy aid announcement.

Telecom sector share prices, BT and Vodafone disappoint investors once more.

BoE faces a " fine balancing act " between supporting economic growth and curbing inflation and preventing households and businesses from being pushed over the edge into economic armageddon.

UK windiest country and with one of the longest shorelines in Europe, one would have thought by now , we would have been streets ahead of countries like Germany and Spain in wind power and renewable energy.