Member Info for TheFarEnd

I agree skier, historically UK energy prices have been high. However the current crisis is more a market/supply issue. My point was governments do not actually set the spot price although they can certainly add additional taxes.

Re: The big freeze gotcha.
It don't pay to look too far ahead in that game, four years, that's a lifetime!

Wonder if the backlash was from the BOE or even the MPC members.

Well not exactly all thresholds but didn't he raise the personal allowance?

"I noted Germany are going to raise income tax thresholds"
Theosus, I thought Rishi had done that to help the low paid.

"it's actually all the media's fault for reporting on it! The media is responsible for gas prices, don't you know?"
How can the media report on something that hasn't happened yet machiismo?
It's all headline grabbing, you should know that being an SNP supporter.
But of course you will single out the conservatives for energy prices, I'd like to hear your thoughts on other governments, Russia seems to be doing ok ATM throughout this crises, being a supporter of Putin's policy's you can't criticise them, DOH!!!

Heard on Sky,
energy bills latest, now £5k .... the media getting evermore desperate to make headlines.

Chester.
"dont beat yourself too much when it trades 150 p"

Just thought I'd let you know that I've just bought back half of the Centrica shares I sold @ 90.59p for 79.36,p.
Have a good day if you're still holding.
P.s. I don't often sell a few at the top, just saying.

Gazzleberry, this morning.
"I voted for Brexit , helping to tip the balance in favour of the idiots. Brexit made it possible for Indyref2, that is far more important to me"

Now there's a bitter old man if ever I've heard one.
I think you'll find that it is very much the UK's business what next UDI?
You (the Scottish) can't do anything without our say so.
Keep dreaming old timer because there's nothing left, you're past your sell by date.
But of course continue with the insults if it makes you feel better, we enjoy a laugh.

Keep an eye on the developing situation in Kosovo.
Regardless, this doesn't Inspire much confidence in any future investment or investors in the region.
Maybe Vardar are the wise ones here.

https://www.politico.eu/article/europe-keep-anxious-eye-kosovo-serbia/

I bought Centrica at 43.64p and took some profit for the second time last month when it reached +90p. Ridiculed for selling by some on the CNA BB, but unusually for me I sold at or very near the top.
Waiting to reinvest hopefully at sub 80p.

That's true Lti, but I get the impression that share buybacks are not looked at favourably by some. They like to think that alternative investments that will expand the business is a better use of profits, but of course better or alternative use of profits are not always available.
It probably wouldn't make any difference if a company wants to embark on a buyback but it will be popular with the media/public especially at this time.
I'm sure all governments watch each other's policies.
I thought it was relative.

Sleepy Joe's long awaited climate, tax and health care bill has passed the senate stage.
The bill included imposing a 15 percent minimum tax on large corporations, plus a new 1 percent excise tax on stock buybacks.
You can be sure that the UK at least will be looking into the feasibility of some sort of levy over here.
Whether it gets implemented sometime in the future remains to be seen

"Bad news for just about everybody. WhatsApp CEO Will Cathcart has warned the app may be pulled from the UK entirely if the Online Safety Bill reaches the statute books. As if this bill needed any more reasons to be scrapped…

Speaking on the BBC’s Tech Tent podcast, Cathcart slammed the bill for an amendment which would force WhatsApp and other tech companies to make their “best endeavours” to use new technology to flag inappropriate and abusive content, essentially by snooping on users’ private conversations. As Cathcart puts it, “what’s being proposed is that […] we read everyone’s messages”.

Essentially, the bill would give Ofcom the power to compel companies to abandon end-to-end encryption. Like the Free Speech Union points out, this is like using a sledgehammer to crack a nut: when the UK’s own Information Commissioner’s Office is saying this sort of thing is a bad idea, maybe it needs rethinking. First the Bill gives Big Tech the power to censor online content, now it wants them to create back door keys to everyone’s private content."

This bill has been a can of worms since the outset, it needs a complete rethink. You could still be prosecuted if you upset someone but haven't broken any laws.
P.s. some on here should be worried, judging by their stupid delusional comments lo!

"Mr Bailey, the Bank's Governor, may be ordered to target nominal GDP in future - the size of the economy in cash terms - instead of seeking to keep inflation at 2pc, under plans being floated by allies of the Tory leadership frontrunner Liz Truss."

Can someone please elaborate how this would work in practice.
How would the BoE actually control this?

Nominal vs real GDP https://www.investopedia.com/video/play/nominal-vs-real-gdp/

In light of the topics this afternoon (I've been down the club), this is interesting.The UK, land of opportunity.However, I'm a little concerned that the £400 to help with the fuel bills won't even cover our cabin upgrade on our next cruise in a couple of weeks.No problems for Daft Trader he's all in cash, still waiting for Lloyds Banking Group to drop to 16p. :-))Enjoy what's left of the weekend folks, tomorrow is another day. ATM the FTSE is showing a gain of 20 points, but of course that's of no concern to Daft he'll be counting his money.https://uk.finance.yahoo.com/news/rich-list-2022-wealthiest-people-uk-155330350.htmlAccording to the figures, there were a record 177 billionaires in Britain in 2022.

I see machiismo's post early this morning trying to set the scene for the weekend.
Apart from the usual references towards brexit and the economy he has to rely on his proven rhetoric of…..
theatre, comedy, dance, physical theatre, circus, cabaret, children's shows, musicals, opera, music and the spoken word. But mostly circus comedy.
The special edition programme of the fringe is now entirely sold out, so I guess this BB is another outlet for his comedy. We all need a laugh.

As part of a double act, expect his partner to appear on here sometime soon, ATM he's lost walking the hills somewhere near Edinburgh.
He'll be here soon, Gazzleberry where are yoooooou.

Yeah, negative interest Darth, I'd forgotten about that Gate.

There's more than usual in this juicer as well Ltr.

Haven't seen HL's figures Theosus I'm not a shareholder but I contribute through a SIPP and they are probably the most expensive providers.
From my point of view I'm being very cautious except for some core Holdings which I don't really change.
Actually Lloyds was one of them, but I've been messing about with them this year, in and out for a bit of fun really.

Talking about shouting from the rooftops, I see DT is back again peddling the doom.
Isn't it about time you joined him mick-b?