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Badenoch mentioned Starmer's special tax free pension arrangements during PMQ’s today. That rattled him and immediately focused his attention from his pre-written notes, to Badenoch across the dispatch box. If looks could kill…priceless.

He obviously didn't want that aired in public.

2tK! Just saying.

The thing is, who are they gonna blame?

You won't hear higher minimum wages, higher energy bills, higher National Insurance payments and employer costs passed on or Trumps on off tariffs.

Probably more of it's disappointing, further and faster, black holes, 14 years and we have more to do.

3.6%.

“The FTSE 100 hit another all-time high on Tuesday, sailing past the 9,000-point barrier for the first time ever”

It sure did, but at 1430 hrs quickly went into reverse and is still in decline. The euphoria was just too much.

Currently minus nearly 60 points.

Oh well, there's always tomorrow 😃

“I knew in my soul of souls that lloyds would prosper under labour!”

That's because there's many more on the bread line after all these disastrous policies and they're all applying for loans. It's good business STP.

Ever more control Gate.

On course to break record highs today.

Just saying.

"There is a 0.525% municipal wealth tax for individuals with net wealth exceeding 1.7m kroner (about £125,000) or 3.52m kroner (£256,000) for a spouses.

Norway also has a state wealth tax of 0.475% based on assets exceeding a net capital tax basis of 1.7m kroner (£125,000) or 3.52m kroner (£256,000) for spouses, and 0.575% for net wealth in excess of 20.7m kroner (£1.5m).

The maximum combined wealth tax rate is 1.1%.

The Norwegian Labour coalition government also increased dividend tax to 20% in 2023, and with the wealth tax, it prompted about 80 affluent business owners, with an estimated net worth of £40bn, to leave Norway. "

No wonder they've got a huge sovereign wealth fund, apart from oil revenues. Who would want to live there with £125k as a base for this additional wealth tax?

That's socialism for you, the whole world over.

“The governor of the Bank of England has said he does not agree with government proposals that would require large UK pension funds to increase investments in domestic assets as a means to stimulate economic growth.”

Speaking at the Bank of England’s latest Financial Stability Report (FSR) presentation, Andrew Bailey stated that while he acknowledges the long-standing issue of low pension fund investment in the UK economy, he does not support a regulatory mandate to force pension funds to allocate funds to UK companies.

Neither do I, even though it won't affect me as I have a Sipp. What will affect me is IHT the thieving bar stards.

I've no idea as well, Good2bhere.

One notable past winner worth a mention is Aung San Suu Kyi. Feted across the world. Look what happened when she gained power. If you don't know, ask a Rohingya.

She was stripped of many honours, not sure about the Noble.

As you're quite vocal on Trump, you obviously have someone else in mind for the Nobel Peace Prize.

Who would that be Good2bhere?

Have hit 4.66% today – the same level seen at lunchtime last Wednesday when speculation around the Chancellor’s position was rife after her visible emotions at PMQs. We’re back in tear territory.

The OBR is today warning in its risks report that Labour U-turns are damaging the UK fiscal position and is spelling out a stark future for public finances. 20-year gilts are in the same region as last week and long 30-year yields have actually surpassed levels seen last week. Is Reeves sackable again now?

Japan's Prime Minister.

"We will continue to engage in negotiations with the United States to explore the possibility of reaching a mutually beneficial deal while protecting our national interests," Ishiba said during a tariff task force meeting. "Japan has been avoiding making easy concessions while demanding and protecting what is needed.”

Unlike Starmer who rushed in and made early concessions disguised under a so-called trade deal of which full details have yet to emerge.

Just saying.

This government has a habit of making grand policy announcements without details, only to quietly adjust or ‘U’ turn later.

"UK ISA is not recognised as tax free here in Spain"

STP. Is that a stock's and share ISA or cash ISA, or both?

Hooky.

"Kinnock worth over 9 million just a ordinary boyo?"

Kinnock…

“2% tax on assets over 10 million could raise 10 billion pounds”

Sounds about right, well to Kinnock it does.

“Bl00dy hell, look at those numbers!”

Dec 2025 Lloyds 90.36p - 9.96p.

They laughed when I submitted my EoY Meerkat forecast. They're not laughing now 😭

About as accurate as my guess and I've been submitting the same numbers for the last 5 years!

Lord Kinnock

“So we start with him then”

Didn't he do well out of the EU? Still is, and his misses.

Just saying.

“Scope of a redress scheme. This includes opt-in (customers would have to confirm to their firm by a certain date that they wish to be included) and opt-out (customers are automatically included unless they opt out)”???

Err that's clear enough then.

If you opt-in, you've got to register and if you do nothing, ie, opt-out you're included anyway unless you opt-out.

That should cover it, best do nothing then, because you'll be opted in anyway.

I wonder how many will go to the trouble of opting out and getting nothing, when if they sit on their a rse and do nothing they will be opted- in and maybe get something?

https://www.regulationtomorrow.com/eu/fcas-potential-consumer-redress-scheme-for-motor-finance

New figures today show that the value of IPOs in London has fallen to its lowest level since 1995. A 98% fall from a high in 2021.

The half-year value of £160 million is lower than 2009 after the financial crisis. With beasts like AstraZeneca mooting departures this week the situation for the London Stock Exchange is looking dire.

Industry figures blame Labour for neglecting publicly listed companies in their reform proposals as well as the poor economic state. Guido analysis last month revealed that the LSE has lost out on £143.27 billion since Labour came into power. Doesn’t have long, less than 4 years now to fix the downward spiral.

With Reeves desperate for the cash ISA brigade to invest their savings in UK equities it's looking like this downward spiral is unstoppable.

What a $hit show.

Labour going well lads. 🤣

Apologies if posted before, not the $hit show bit, that's a given.

The short title of the gutted welfare bill used to be: “the Universal Credit and Personal Independence Payment Act 2025.”

An amendment from Liz Kendall has issued an alteration: ‘leave out “and Personal Independence Payment”.’ The short title of the bill is now: “the Universal Credit Act 2025.”

That makes sense seeing as there are no changes to PIP now that Downing Street has been completely humiliated.

Again this government has proved to all, what a complete waste of time they are.

You couldn't make it up.😃