Member Info for TheFarEnd

Forgot to mention it's all fully costed and fully funded.

So unless you're a nom-dom or send your kids to private school you have no worries.

They're not denying it Property1.

How is it the Lloyds BB is always one of many that gets contaminated by the fruitcakes?

This time it's by the uncontaminated, plonker.

At least he hasn't mentioned COVID conspiracy so far, or has he?

“Is a good thing ? I think so…” depends who's paying it Gunsup.

Especially when peeps have saved all their working life, everything planned and a change of government pulls the rug out beneath them.

Anyone who has, or is saving in a defined contribution scheme be prepared for an end to the 25% tax free benefit.

Labour will tax it, it will be no more. Taxed at your rate on withdrawal. Basic rate = an additional £10k on every £50k withdrawal.

Worse still, once their feet are under the table.

No drawdowns, all back to annuity purchase.

Just carrying on from Brown's pension tax raid on dividends.

They destroyed the DB pensions now they're gonna destroy the DC schemes.

And don't think your ISA is safe, that's on the list as well.

You don't have to be rich to be in their sights.

You've been warned, don't be a sucker act now.

Enjoy your evening.

Had to laugh 😂 Darth Trader trying to spread more doom, doesn't matter who its aimed at but he has a go.

“Mortgage costs to rise for 3 million, says Bank.”

Of course mortgage cost usually rise when the fixed rate ends, DOH!

Well it was from the BBC….say no more.

https://www.bbc.co.uk/news/articles/crged975jx7o

We've known since the trading update last February that the expected profit would drop c25% (£50.5m to £37.5m).

Since then the SP has fallen 32% (202p to 136p).

Oversold? Maybe.

Realist1.

You may well be correct in saying that they will be a lot cheaper tomorrow. I have given my reasons for a further £5k investment this morning.

What is your reasoning for a further drop tomorrow?

If you're correct I will probably add to my holding here.

What is funny, a labour candidate has been caught betting against himself. 🤣

“If we ever get to £4.50 the MCap would have to be around £180m.”

Rickmeister.

When the concession was first granted early 2022, the mkt cap reached just over £166m. Today's SP at 428p + for equivalents.

For the Lth’s here, the spike under CSP back in 2011, the SP reached c70p equivalent then to a mkt cap of £116m.

A measure of how far this company has progressed over the years.

As the CEO Ed Bowie stated in today's RNS, as an afterthought….. “We are also working extremely hard to engage with all stakeholders to ensure the project delivers maximum benefit to the local community”

Principally aimed at the local community, most of them have given this company nothing but hassle throughout the years.

Meanwhile the real stakeholders (that's us btw) continue to suffer while a procession of CEO’s and their cohorts leave with their pocketed options.

How long before Bowie follows.

Good luck for the future here you're gonna need it.

Barclays cuts mortgage rates with other UK lenders expected to follow

Banks expected to improve fixed-rate deals ahead of forecast Bank of England rate cut in August.

Yes, Reeves, sorry about that.

Knowbodyyouknow, clearly you don't know nothing about past labour governments.

“I can see a positive bounce if/when labour get in”

The bounce, if any, will be because of the removal of the current uncertainty.

Nothing to do with (I worked for the BoE Rayner) and her so-called relationship with business leaders sp2.

Rayner, brain the size of a split pea.

You're right to be worried CEREUS. The real labour (left) is poised, just waiting they'll overwhelm Starmer and his cohorts with all their hair-brain schemes.

With every crisis, you won't see or hear from Starmer, he'll disappear until the consensus is reached then he'll make a statement posing as a leader.

Complete charlatan.

“If not investment in the rental market will be fine & see them through”

Darkknight.

I wouldn't bank on that too much, if you saw Starmer last night you'll understand.

Some mumbo jumbo about restricting rent rises, as usual no details but he was careful not to mention rent caps.

Gunsup.

No government is, or ever can be a panacea for all eventualities. However, failings as you say are subjective.

I was never fooled by Blair and I'm certainly not taken in by this latest rabble, masquerading as a responsible alternative government.

stagecoach, you've been beguiled by the labour bull 🐂 s💩hit with your 14 years rhetoric.

another one who forgets what happened at the end of the last labour government's efforts.

just to remind you we had a coalition back in 2010 to try and sort out the mess they left behind. it wasn't called austerity for nothing.

despite the likes of peter mandelson and alastair campbell's constant denials in the media that it was nothing to do with labour. btw, why does campbell keep popping up on certain channels? draw your own conclusions.

hindsight is a wonderful thing, the financial support for covid was universal with starmer crying out for ever longer lockdowns. that don't come cheap.

people need to take a more pragmatic approach to past events instead of believing the same ol' spiel from the same ol' opposition flunkies that constantly grace our media outlets.

all the rest of the opposition are being kept away because they can't remember or can't repeat the same well rehe****d answers to difficult questions.

if you believe living on pension credit payments is going to disappear anytime soon, then sadly you've joined the rest of the gullible. and as i started this rant, have been beguiled by the labour bull 🐂 s💩hit.

Scotland a ‘no-go’ zone for investors under SNP rent controls

Fears grow over Labour rolling out a similar policy in England and Wales.

Investment in build-to-rent properties in Scotland slumped 71pc last year, according to Savills data.

An independent report commissioned by Labour has recommended capping rent rises.

Rachel Reeves, the shadow chancellor, has said she is in favour of councils having the power to cap rents.

Rent freezes have removed the sector’s ability to generate inflation-linked income streams for pension funds, who are often the financial backers of such projects.

Analysts have warned this means potentially creating a depreciating asset class.

How this would affect Lloyds/Citra income stream in the future is anyone's guess.

Nothing is off the table.

https://www.telegraph.co.uk/business/2024/06/16/snp-rent-controls-scotland-no-go-zone-investors/

Full contract below, no 'lying' manifesto.

https://www.scribd.com/document/742846482/Reform-UK-Our-Contract-With-You

It's going to be bad enough under flip floppy Starmer but what if anything happens to him. We can all rest easy in the knowledge that your very own Angela Rayner will be taking over the reins. What an asset for us all. 😂 Can you imagine her representing the UK on the world stage? 🤣

Stranger things have happened, the yanks have got Biden.

Gawd help us all.

Off for a few bevies, cheers.

There's only so much capacity available in the public and private health sectors.

With the ‘key’ personnel in the NHS also working in the private sector, how is that going to work?

Draw your own conclusions.