Member Info for stagecoach

Witnessed it all summer where i live, swarms of new generation "townie riff-raff " picknickers littering my beloved Lake District, with rubbish, loud music and discarded barbacue equipment.

It's not excactly rocket science, spare cash in the bank is now a liabilty for most people, despite Brexit Covid and Unemployment woes, ultra -low interest rates and a shortage of homes will continue to prop up the UK housing market well into the foreseeable future.

Satisfactory Q3 reporting results under the current circumstances.
Poor reaction to the intra -day share price so far, markets are still very cautious on forward earnings outlook.

GEC a successful world class money making industrial conglomerate cash machine, transformed overnight into a Marconi bottomless pit. The fall of GEC / Marconi still ranks has one of the most dramatic large scale industrial collapses seen in the UK in modern times.

Corporate greed and mismanagement comes to mind !

Blame the Supermarket chains for the decline of the UK dairy industry, over the years they have squeezed profit margins on milk and associated dairy products to breaking point, forcing tens of thousands of farmers out of business and many more now still teetering on the edge of bankruptcy.

Theosus, UBS different "kettle of fish " compared to Lloyds, Global investment banking revenues are are sharply up despite the covid pandemic. Barclays Q3 investment banking and trading activities results may well turn out to be flavour of the month for the UK banking sector.

Rosewell agree, bounce back loans and taxpayer support packages are propping up a lot of weak and unviable businesses, and will ultimately end up damaging the UK economy in the long run.

Covid and possibly Brexit fall - out costs will still be impacting on the banking sector and UK economy well into 2021.

PRA are likely to insist capital buffer and liquidity levels are restored to near pre-covid levels before any decision is made to allow the resumption of dividend payments to the UK banking sector.

Patrao1 Sounds like new Government regulation and tight controls are on the agenda for the UK residential mortgage market. Past Government meddling and increased regulation in the the Energy and Telecoms sector have destroyed the profitability and share prices of companies like BT and Centrica.

Investors do not like Government interference, tinkering with the residential mortgage market will come at a cost for the banks,

silles, Best to " take a wait - and - see aproach" jumping the gun on media speculation can turn out to be very costly for investors !

Triflepig, Share dilution on an epic scale, inept management decisions over a long period at Rolls - Royce will mean this company will remain a debt slave to the bond markets for years to come.

Expect more capital raising to come, including financials ! UK - listed companies have tapped investors for more than £ 25Bn since covid - 19 sent markets and balance sheets plunging in March.

After deceiving shareholders over the true cost and extent of the PPI debacle anything is possible with Lloyds.

Resumption of Libyan oil production and exports beginning to impact on world oil markets !

Four extra covid related security guards taken on at my local store, they will have to sell a mountain of mince pies to recoup the cost of employing these guys.

Chances are dividends will probably be reinstated at some point going forward into 2021 despite Covid and Brexit woes, question is at what level, investors should expect dividend payouts to be substantially rebased.

Covid second wave and Brexit uncertainty will dent UK economic growth and hit consumer confidence further, and spark a surge of company equity fundraising in a desperate effort to shore up their balance sheets and stay afloat.

The PRA may now have to rethink any future plans to allow banks to reinstate 2021 dividend payments.

Government have fired the starting gun, paving the way for negative interest rates : a doom loop for Banks and Savers !

Theosus, Plenty of misconduct issue skeletons remain in the closet for UK banks, they are still secretly settling out of court claims for LIBOR damages and compensation involving hundreds of UK companies and businesses ten years after the scandal was first exposed.

Theosus, Boris statement on covid second wave will have spooked markets and leave investors on tenterhooks until Q3 bank trading updates at the very earliest, tense times now lie ahead for this sector.