Member Info for TheFarEnd

“why the share price actually started down yesterday AFTER the buy back was announced ?”

chid, never trade in the first half hour after opening, you know it makes sense.

Also, don't forget this month you must remember to celebrate the three days when the man is always right. That would be the 29th 30th and the 31st of February…. DOH!

"Islamophobic, anti-Muslim and raci_st” promoting Jewish hatred is ok then?

Khan knows which way his bread is buttered, his record as London mayor is abysmal. All he's got left is to look after and support your own.

“None worse than ex Tory speaker John Berco”

Yup, ex Tory, labour, independent, you name it, he goes with the money but the knighthood has evaded him. He wasn't even a borderline Tory that's why he got labours vote for the speakers job, yes, in short he was a traitor hardup.

“when it does not go their way”

It's called parliamentary procedure Spks. Something Labour wanted changed because of the impending embarrassment of their much quoted so-called unity. They're not two faced, they're fifty faced.

Don't forget Hoyle was a Labour party MP, rotten to the core all of 'em.

You better add Starmer and his mouth pieces to that statement.

NuckyT..... quote.

“I ask myself that question regularly. What a f’n idiot”

With the FTSE up some thirty odd points, perhaps the end result won't be such a s h I t show. Unlike the commons yesterday saving labour's blushes.

Just saying.

With low unemployment, best hold that thought about job centres, if there is a change of government.

“Labour has never left government with unemployment lower than when it came in.”

Quite fitting today as the borderline socialist government in South Africa reported their usual plus 30% unemployment figures.

Brace yourself, it could be coming to a town near you.

“So I is asking myself why the Govt selling our holding? Why not keep...

For sure Govt should be acting in best interest of tax payer” …

Gunsup.

Amongst many other failures, the then labour government took an 84% stake in the NatWest Group (RBS), the price paid was 500p per share, equivalent. Unlike the Lloyds bailout (another labour failure) NatWest has never recovered to the purchase price, but we now own less than 40%.

Having had ample opportunities to sell the residual at a loss, you cannot hold onto a loss forever.

Something many moaners on this BB should take notice of.

When you purchase the investment of your choice there's no guarantee you'll get your money back. Some peeps just can't understand this and spend the rest of their days moaning about the failure of the SP to recover their entry price.

If the SP does recover they can't bring themselves to sell, either because they feel cheated and want some sort of return or they've become so attached to the company that if they sell, they'll have nothing to moan about.

In short they're miserable and like it that way.

As for acting ‘in best interest of tax payer’ it's better to sell now than delay, because in the event of the incompetent socialists entering no 10, they will only waste and squander it. Like all politicians it'll be promoted as a benefit not a loss.

Enjoy the rest of your weekend 😁

DT.

Indications are that at this moment in time the general consensus is that UK is not in recession.

But of course it's 'bigger' news to report on last year's figures.

Recession is history already.

A good indication perhaps.

British bank NatWest (LON:NWG) confirmed Paul Thwaite as its permanent chief executive on Friday and reported forecast-beating profit for 2023, as it gears up for a crunch sale of state-owned stock in the company after a scandal-hit year.

The taxpayer-backed lender reported pre-tax profit of 6.2 billion pounds ($7.81 billion) for the 12-month period, up 20% on 5.1 billion pounds the prior year and ahead of a 5.95 billion pounds average of analyst forecasts compiled by the bank.

UK pay growth has slowed to its lowest level for more than a year but it is still outpacing rising prices.

Pay, excluding bonuses, grew by 6.2% in the last three months of 2023 compared with the same period a year before, according to the Office for National Statistics (ONS).

Recession what recession? With low unemployment figures and wages outstripping inflation, we are, what is called, OK mate.

JD Wetherspoon (JDW.L) has raised prices across its bar and food menus, with a pint costing as much as £7.30 at some pubs.

On average, all bar and food product prices have gone up 3% this month.

A spokesperson for the pub chain said: “Most prices in Wetherspoon pubs have increased by 3.95% from Thursday 1 February 2024.

Barclays (BARC.L) is in the early stages of considering a bid for Societe Generale's (SOGN.PA) UK private bank, in an effort to expand its business targeting wealthy individuals.

SocGen, advised by Rothschild & Co, has begun inviting bidders to take part in an auction for its Kleinwort Hambros unit.

London-based Kleinwort Hambros, which in 2022 had more than 12 billion pounds ($15 billion) in assets under management, could be worth up to 700 million pounds in a sale, one of the people estimated.

Among those invited to bid for the unit are Lloyds Banking Group (LLOY.L), as well as wealth manager Raymond James (RJF.N).

Guitarsolo, that's because of the labour government, more people escaped the UK.

They couldn't wait to get out and who could blame them.

Same same.

FB, didn't see your post.

We may already be out of recession, it may have ended December last year.

Indications are that the country has returned to growth this year so far. We will know at the end of March when the figures are released.

If that is the case, what's all the fuss about? Did you have a miserable Christmas because of a recession?

-0.3%, is that it! The last Labour government beat that with -2.2% and it lasted 1¼ years.

Economic optimism abounds, apart from the morons on the Lloyds BB.

“Growing the economy by growing the population leaves no one better off.”

Someone should have told Blair that mick-b, he started it.

The number of registered company insolvencies may be higher but as the report suggests the hangover from the covid years (furlough kept so many going and was systematically abused by many), and the return to normal interest rates were the main contributory factors.

On the plus side there were the ever increasing numbers of new businesses, record numbers in fact.

It's a natural turnover, peep's keep forgetting the world shutdown end of 2019/2020.

No-one available from labour this morning on the news rounds. I wonder why?