Member Info for StickyToffeePudd

Asperger, you stated previously you would change it from Israel/Hamas peace deal´ to ´Israel/Palestine peace deal´, when the UK formally recognised the state of Palestine, which has now happened.

Is that where the phrase, 'picking someone's brains' comes from?

Skier1, put simply in order to protect my investments I would more 'meat on the bone' about what fiscal policies are coming at us, should Andy take up the position of PM. At the moment we know diddly-squat!

"Andy Haldane is pressing for a radical shake-up of the UK’s tax and wider economic systems as he heaped praise on the Prime Minister-to-be Andy Burnham for having the potential to bring a “change in vibe” across Britain.

Haldane, who is advising Burnham on economic policies and growth, urged the country’s next leader to be “bolder and brassier” in order to boost dynamism across the UK economy.

He emphasised that “stability is not stasis” and Burnham had the potential to “generate a sense of momentum” though the Prime Minister would have to confront the “psychological significance of taking the first step” on a radical reset.

In an interview with City AM, the former Bank of England chief economist, who is currently the president of the British Chambers of Commerce, an industry group, suggested Burnham could introduce sweeping changes around the tax code, the triple lock pension and moving teams in Whitehall around the country.

Haldane also opened the door to a change in the fiscal rules. He said that the Office for Budget Responsibility should at least take assessments on government policy effects lasting over a 10-year period, even if the three-year fiscal forecast window for borrowing was left unchanged. "

All rather worrying...

https://www.msn.com/en-gb/money/other/from-stamp-duty-to-the-triple-lock-andy-haldane-says-bold-burnham-leadership-can-usher-vibe-change-for-uk-economy/ar-AA26zWCo?uxmode=ruby&ctsrc=dgst&ocid=edgntpruby&pc=U531&cvid=6a3e196586c544509613246f772a9872&ei=15

"Political instability doesn't move the Bank of England base rate overnight, but it does shake confidence, which is a crucial aspect of anything to do with property finance. Low trust can cause a domino effect across the market. Lenders tighten their criteria. Valuers get cautious. Buyers hesitate. And hesitation, in a time-sensitive deal, is the same as a no.

Rates have been going down, with the base rate currently sitting at 3.75%. That should be good news, but swap rates - the mechanism that actually prices your fixed-rate mortgage - don't respond to base rate alone. They respond to market sentiment, which has just taken another knock."

Folks, the base rate/mortgage rates worth watching for any movement, as clearly Lloyds Bank has a vested interest there... Let's all just see how the 'wider situation develops'..!

https://www.lancs.live/news/cost-of-living/what-andy-burnham-pm-could-34183629

Close price 1798 which sort of resonates with shares being delisted in London...

Maybe it is an omen of things to come...

Against euro!

"Higher UK interest rates, robust economic data and weaker Eurozone growth have drawn investors to sterling, lifting its value."

"If UK interest rates remain elevated and Eurozone growth stays weak, sterling could maintain or extend gains, benefiting travellers and importers into the months ahead."

Lads, it the robust economic data, thanks to Rachels sterling efforts, that stands out!

Folks, its happy days!

Labour and Andy are propelling the share price back to where it should be!!!

Asimpleinvestor, great to have your own water supply! You must be the envy of your green fingered neighbours!

Extended to 850,000 more people, as the UK roasts, but then its all down to the Tories selling off the water industry and the subsequence diversion of revenue from reinvestment to shareholder dividends.

In all conscience, its all about being equitable and if your abode is worth megabucks, then sorry but you are going to have to pay your fair share to keep the states finances going.

Lloyds is up 1% today, so far!

Correct asimpleinvestor, it will be very easy to implement and will provide much needed income for the exchequer.

When Andy becomes PM, it appears he has huge plans for property tax reform.

Seems he is panning a land value tax (LVT) to replace both stamp duty and council tax, with a levy equivalent to 0.48 per cent of a property’s value.

Personally, I think that is very fair as property tax will be more closely related to actual property value, as opposed to the antiquated system we currently have.

It will raise large amounts of revenue for exchequer, so I expect there will be universal welcome for this new system of taxation.

One just hopes it can be a priority for his premiership, so it happens sooner rather than later.

Lloyds was looking at a possible offer for Aldermore, the UK lender owned by FirstRand. The report said Lloyds liked Aldermore’s small-business lending and project-finance units. There’s no guarantee a bid happens.

Berenberg’s Michael Christodoulou initiated coverage on Lloyds with a “hold” rating and a 117p target, which is about 8% above where it traded midday. He put “buy” on both Barclays and NatWest, setting targets that suggest 21% and 31% upside, based on Tuesday’s close. Berenberg called Lloyds “an attractive domestic franchise but limited room for positive surprise at current valuations.” Investing.com UK

Lloyds Banking Group slipped 0.6% to 108.45 pence as of 12:12 BST on Wednesday. Barclays and NatWest were both down around 0.2%. Lloyds was trading 5.4% under its 52-week peak at 114.60p.

Bottom link folks is we are within touching distance of the previous peak of 114p and oil price dropping and a resolutions of either Ukraine or the middle east will see us crash through 114p to new heights. All possible this year!

https://www.bez-kabli.pl/lloyds-share-price-weakens-with-aldermore-math-raising-buyback-doubts/

Troajan, Moog is getting a good trashing there, but then he'd enjoy that with his public schooling background.

"I remember at schools all the girls done..."

It appears that 88 lack basic grammar skills...

Asi, you got it 100% wrong yesterday when I posted about a replaceable for Rachel being on the cards!

Do try to keep up!

No point posting low winded posts, if your information is out of date!

SRBS, for sure Rachel has as to go!

SRBS, wait until Andy is elected PM and we'll hit 115p, thereafter he gives Rachel the heave-ho add a couple of more pence (117p), publication of fiscal policies then we'll be up at 125p.

Labour are the party for the private investor!