Member Info for TheFarEnd

Starmer and labour are another reason LBG and other UK banks are not in vogue atm, along with other sectors. Given their record, Investors should be rightly worried about the outcome of next year's election.

Politics will be the topic dominating these BB's as the hustings get in motion.

Morning all.

Good luck with that one Brix. It's all very well Gazzleberry talking from his ivory tower as if some authority on this immigration issue. But the reality is Scotland is somewhat immune from all this. If you walked down Dundee high Street the only voices you would here are those of deranged Scotsmen, probably running down the English. To be fair you probably couldn't understand them anyway.

The truth is Scotland are just not taking their share of migrants probably because none of them want to go there. And who can blame them. The promised land is not the UK, it's England.

So many towns are now like walking through distant lands.

I don't blame these youths for wanting to come here, however we have enough of our own troublesome idiots without importing more.... that's why Charlie Hadrian built the wall, hehe.

Talking about raising money and where it's coming from. No matter how they spin it, its coming from us.

And this…'Net Zero policies'

"Reaching the 2050 target has enormous cost implications not only for households and firms, but also the government. Between now and mid-century, subsidies and other “green investment” will add 21 percentage points to the UK’s national debt-to-GDP ratio, according to a recent Office for Budget Responsibility Report. In today’s money, that’s equivalent to £500 billion. These are vast costs and, as long as “Net Zero 2050” remains in place, the process of spreading them around will become increasingly politically contentious."

Liam Halligan.

FBloo.

Re-read my post the first two words.

For me +0.2% or -0.2% is just an arbitrary number, unless it's a long drawn out downturn most won't notice any difference.

Inevitably the media will try and talk it down. If we had 3 months of 5% growth you wouldn't see any booming Britain headlines. Although come to think of it, I have in the past but it was a different world back then.

+0.2% April - June.

Recession, what recession?

I've made excellent returns on M&S and will continue to hold. Bonaparte was right, we are a nation of shopkeepers, I wouldn't right off the retail sector just yet. A return to 'high street' presence could be the way forward, it makes it easier for the other half to return things.😂

"For the newer SAGA shareholders , when looking at SAGA share price performance you have to take into account the share consolidation of 15-1 which occurred mid 2020."

"So todays closing price of 145p would be 9.5p in historical terms."

Alnwick, with the additional raise of funds followed by the consolidation and all the events at that time when De Haan came on board (obtaining 20% of the company, separate from the 'open offer').

The price in historical terms at 145p would be around 18p (8-1, De Haan bought in at 27p).

If you remember this was a topic much discussed at the time, resulting in the above figure.

But of course that's all now irrelevant to today's SP/valuation.

For info I recently bought in at 114p.

Do you know what propaganda actually is.

It's when a British person takes a good look at something.

Yesterday the Nasdaq advanced 0.87% the S&P 500 +0.9% and the Dow +1.16%.

Not one mention of this but today.... oh look "Futures down: Dow 0.55%, S&P 0.54%, Nasdaq 0.52%"

Get real you glass half empty sados.

Sounds like we're all doomed.

The most positive post so far today is England v Nigeria and they haven't even played yet.

Reuters) - New car registrations in Britain rose more than 25% in July from a year ago, marking its 12th consecutive monthly rise, preliminary industry data showed on Friday.

Plenty of money about, the trouble is all the rich have got it. 😭

All SNP and Brexit losers, a miserable bunch both on the wrong side of referendums and just can't accept it.

Brexit, although long done and dusted, a few are still desperately trying to make it a drawn out saga. Quite amusing when the losers keep posting about it on here.

Saying that, something along the same lines…Orkney

Now we know that Orkney won't be joining Norway, any visions in that direction has never been a majority view.

However the SNP will be to blame if that view changes.

'Many Islanders would happily secede if it meant never having to listen to Humza (useless)Yousaf again.'

Personally, my sympathies are with them, I tend to agree.

Inflation figures have fallen more than expected resulting in cuts to mortgage rates from some lenders. Led by HSBC with many more following, and all chasing diminishing demand.

As a result, Lloyds and Barclays both said that competition was squeezing mortgage margins.

Looking like the perceived reluctance to increase savings rates is resulting in mortgage rate reductions to close the gap.

Any further base rate rises may not be a given to improve NIM's.

Just browsing the FT this morning.

Hey up, Humza Useless is back, moaning about everyone as usual. Life and soul of the party.

Plus 0.25%

By the time Basel 3 is implemented there will be another meltdown and hey presto, its on to Basel 4, (5, 6, 7 pick a number) to protect against future meltdowns.

Such is life, lessons learnt and all that.

"What a fool believes, must be a male thing, can't ever admit they made a huge mistake."

Chid. Did you know that the majority of archeologists are women due to their natural ability to dig up the past.

Enjoy your day, just saying.

UK PMI

Manufacturing 45

Composite 50.7

Services 51.5

For comparison…

German PMI

Manufacturing 38.8

Composite 48.3

Services 52

But of course even the idiot UK knockers cannot see it.

"IF you got into power, 'would you overturn the 'Illegal Migration Bill'?"

The answer to that should be yes as labour has opposed this and every piece of legislation that the Tories have tried to call an end to illegal immigration. Assisted by labour lords in the upper chamber.

But flip flopper Starmer will as usual fluff any answer.

Be careful you may end up with a lib lab coalition, then you'll have two parties shouting everyone is welcome and everyone will be.