Member Info for TheFarEnd

UK financial regulators and the Office for National Statistics are mulling whether to start releasing economic data later in the morning, after a request from concerned traders and investors.

A decision on ending the release of data before the market opens at 8am will be given in the first few months of 2025, according to a Bloomberg report this morning.

The Bank of England's Prudential (LON:PRU) Regulation Authority is consulting with the ONS on the matter, as institutional investors apparently believe the practice of pre-market releasing sparks unnecessary volatility that affects the real economy.

Sounds to me STP has had a warning from the administrator's to keep his posts on topic. Either that, or if he keeps posting drivel he'll have to invent yet another handle.

You know the rules DCB you've been here before, many times.

UK manufacturing PMI sinks to a new low as orders dry up.

LONDON (Reuters) - A gauge of British manufacturing activity released on Monday pointed to the sharpest contraction in nine months, as orders from domestic and foreign customers fell and ongoing supply chain disruption pushed up costs.

The S&P Global manufacturing Purchasing Managers' Index sank to 48.0 in November from 49.9 in October.

Our number one mission is to deliver growth. 🫣😂

"What do you do for a living mick-b out of curiosity?"

He's retired Gate. Sometime ago he stated his age on here, can't remember what it was. But he's definitely retired.

Gate, a name from the past.

Greencoat UK wind.

I bought these at the IPO, one pound I recall. Can't remember when and I have no records, a different platform.

Since sold and now but a distant memory.

Just saying.

After convicted fraudster Louise Haigh was outed Heidi Alexander has now been appointed as the new Transport Secretary.

Heidi’s CV doesn’t exactly fare well for the department…

“From 2019-2021, Alexander was the Deputy Mayor for Transport for London. In 2019, she candidly confessed, “I may not have qualifications in transport.” A frank admission given her track record in the role, in which she oversaw…

28 strikes on TfL-run services.

Increased tube delays caused by faulty trains by a third in two years.

Increase in complaints about TfL by 77% over three years.

Increase of TfL fares costing passengers an extra £60 million in her final year.

Helped implement the much-hated ULEZ expansion.

The Crossrail project (Elizabeth line) which opened three and a half years late and more than £4 billion pounds over-budget.

On the right track to deliver on transport across the country then. 🤣

Is there no end to this government's talents.

Rayner meets the pope.

She tweeted. I greeted the pope, er no, he greeted you dumbo.

I wonder if she called him a scumbag. 🤣

Your PM in waiting FFS.

“Doctors turn down overtime – putting 40,000 extra NHS appointments at risk

Doctors have ‘little choice’ but to reject extra shifts amid surprise tax fears, warns union.”

Wes Streeting pledge already falling by the wayside.

can't be ****d to keep arguing with folks embittered by the result of a referendum.

we have got to put up with starmer and his cohorts for another 4½ years but we don't keep on about the result, only the disastrous policies they keep dreaming up.

Keep on with the same old platitudes SBeck. It was a democratic decision, accept it.

Which pig are you mick-b?

Must be the ‘old major’ based on Karl Marx and Vladimir Lenin, dreaming of socialist utopia.

Give us a cost breakdown mick. The deterrent was working untill your man Starmer cancelled it on his first day. Now it's being copied all over Europe as a groundbreaking formula for restricting illegal, not irregular immigration.

Why all the posts from the eternal losers about Brexit?

That issue was put firmly to bed by Boris. If you lot live long enough you'll be thanking him for the foresight to sort out once and for all, the confused MPs who didn't accept it.

And like sheep you're still trying to follow something that ended years ago.

Try living in the moment.

‘The multi-year spending review, which sets three years of day-to-day spending and five years of capital spending, has now been delayed from the spring to June. Ministers will scramble for longer to make the case for their departments. There will be winners and losers…

The losers will be the Great British population, that's a given with this lot.

‘Downing Street insiders fear chaos at the Review if Reeves, who some believe is too trusted by Starmer, continues on her current trajectory. It “could be a nightmare if handled as badly as the Budget.” What are the chances?

Greater than 99% judging by her record so far. And I wouldn't bet it will be on their new revised timing.

This spending review is already being kicked into the long grass. And will probably need additional taxes even though

Reeves said after her disastrous budget she won't be back for more.

Yeah right!

Talking about the empirical method to decide what's best BB.

“The government has admitted it did not do an impact assessment on how the IHT increase would hit UK farmers. An FOI submitted by the Conservative Rural Forum has revealed Defra couldn’t estimate how many farms would be affected—or how much they’d have to pay—as that “information is not held”. Ploughing more pressure on the government to U-turn on the policy.

It’s no wonder Starmer parroted BBC Verify’s estimate that only 500 estates a year would be affected – a claim they have since deleted. He didn’t have his own numbers.”

Result a complete shambles.

Getting close to buying time, if you fancy a punt.

"Falkland oil apparently twice that of the North Sea ? Announced today."

I was expecting a post from Mr Falky / Marker dealer by now. 🙂

"It's not just the companies ‘sucking it up’ it's the employees, especially the ones at the bottom of the ladder.

Over 200 hospitality bosses, including of JD Wetherspoon, Wagamama owner The Restaurant Group, Young’s, and Whitbread, signed a letter warning they’ll be forced to shut sites and slash jobs after the Chancellor’s tax raid.

Sainsbury’s CEO Simon Roberts blasted the “barrage of costs” which he said would stoke inflation, with “too much pressure in the pipe.”

M&S Chairman Archie Norman warned that the lowest-paid workers will “bear the brunt” of Labour’s tax grab.

Asda Chairman Lord Stuart Rose predicted price hikes, calling the measures “a big burden for business.”

McVitie’s boss Salman Amin said it’s becoming “harder to understand the case for investment” in the UK after the budget.

Primark CEO George Weston called it a “tough budget for the high street,” with a disproportionate tax burden falling on business.

UK Hospitality’s Kate Nicholls warned of “painful” times ahead for hospitality.

Pimlico Plumbers founder Charlie Mullins accused Labour of lying its way into power: “If you batter employers for £25 billion, it hits workers and the economy.”

Teepee Electrical’s Steve Clarke said Reeves’ decisions will cripple investment in tech and hiring.

Finance company AJ Bell’s Laura Suter said it’s a “budget to batter business” that will hit the public in the pocket as companies pass on costs.

Former Pizza Express Chairman Luke Johnson blasted Labour’s “ignorance of business, entrepreneurship, and wealth creation.”

Toby Tallon at Evelyn Partners said Labour’s NIC hike is a “credibility killer” and a clear manifesto breach.

Cobra Beer founder Karan Bilimoria called the hike a “huge burden” and a “big dampener” on growth.

Admiral Taverns pub chain boss warned the cost of doing business is crushing publicans thanks to Reeves.

James Dyson of Dyson branded the budget “ignorant” and “spiteful,” accusing Labour of “killing off family businesses and economic growth.”

Plenty more waiting in the wings. This is socialism working for the workers.

Btw, another £ 250 million announced today, to get the youngsters back to work. You getting worried yet loopy? But wait there's no jobs, see above.

"but if we were in the 60's I would be out never to return now"

I think you know what's coming your way soon Chid.

“10yrs+ Austerity and ultra low interest rates has caused a lot of the problems we now see”

Just a reminder. When labour limped out of government in 2010 they left a £189 billion black hole.

This unproven £22 billion is chicken feed compared to 14 years ago.

If they started governing instead of bellyaching about the past the UK may see some progress. But then again this is socialism we're talking about, so don't hold your breath.