Royal Bank Of Scotland Share Discussion Threads

[leedskier] 27/3/2017 17:37

After France capitulated in May 1940 and Britain stood alone. with only the Royal Navy, Radar, the Hurricane and Spitfire to defend Britain, Churchill made three rallying speeches, including the famous 'we will fight them on the beaches' speech on the 4th of June,

The reaction of the British was to pull together displaying what became known as the Dunkirk spirit.

Thatcher is said to have claimed that there is no such thing as society, but Theresa May disagrees.

I think Theresa May believes that collectively facing the adversity ahead as Britain disentangles from the manacles of the EU and forges a new independence, will do much to heal the divisions in 'society'. We may all be financially poorer for it, but if it brings cohesion, it will have been a price worth paying.

[leedskier] 27/3/2017 16:22

Maybe but CNN's own poll in December demonstrated the voters would still vote to leave.


Updated 2035 GMT (0435 HKT) December 19, 2016

London (CNN)British voters would repeat their decision to leave the European Union if the "Brexit" referendum were held today, according to a new CNN/ComRes poll released Monday.

Six months after the UK delivered a result that shocked much of the world, 47% of British adults say they would vote Leave, with 45% saying they would choose to Remain, even though nearly half of them expect the decision to hurt them financially.
The remaining 8% of respondents said they didn't know how they would vote.

[polar fox] 27/3/2017 15:35

From CNN today, tells its own story:

Brexit gloom appears to be spreading.


Just 29% of British households surveyed in March believe Brexit will be good for the U.K.'s economy over the next 10 years, according to IHS Markit.
That's a major turnaround from July of 2016, when 39% of the public believed that leaving the European Union would make Britain's economy better off.
The share of households that expect economic prospects to worsen has increased from 42% to 53% over the same time period. Eighteen percent anticipate no change.
"Pessimism has now spread to all age groups and income brackets," said Chris Williamson, chief business economist at IHS Markit. "The most marked turnaround is evident among the poorest paid, who have switched from being the most optimistic to now being the most downbeat."

Households in Scotland, where 62% of the public voted against leaving the EU, are the most pessimistic about its impact on the economy.
People in manufacturing and construction roles were the only groups of workers who see Brexit as beneficial in the long run. Williamson said manufacturing workers might see the advantage of a weaker pound that gives a boost to exports. The currency has fallen 17% since the referendum.
A separate report published Monday by the cross-party think-tank Demos said Wales and Northern Ireland are most vulnerable to the economic risks posed by Brexit.
Wales voted in favor of leaving the bloc, while voters in Northern Ireland voted to stay. Both rely on EU funding, exports to the EU and, in the case of Northern Ireland, a large number of European workers.

Prime Minister Theresa May is expected to trigger the official EU exit process on Wednesday.
While the U.K. economy performed unexpectedly well in the months following the June referendum, reality is starting to bite. Inflation jumped to 2.3% in February over the previous year, and consumers are starting to buckle under the pressure of higher prices.
Williams said it would be fascinating to see how sentiment changes during negotiations.
"For now it seems that the population has at least become more downbeat on the economic consequences of Brexit," he said.

[maxk] 27/3/2017 12:59

Puts the €50bl in the shade.

[maxk] 27/3/2017 12:58

Trump Handed Merkel $375 Billion Invoice For NATO Defenses During Recent Visit


by Tyler Durden

Mar 27, 2017 6:49 AM

[leedskier] 27/3/2017 12:03

GBP highest since early February against the dollar as May prepares to trigger article 50

Still, the dollar is losing ground again today, with the euro trading at its highest level against the greenback since December. Also, in the week that Theresa May is planning to trigger article 50, the pound is at its highest levels against the dollar since early February, supported also by the more hawkish and unexpected turn by the Bank of England. The economic calendar is looking a little light again today but we will hear from a couple of Fed policy makers who may be able to offer some support for the struggling dollar.

[leedskier] 27/3/2017 12:00

The £ is now trading at $1.26. It was $1.22 a week ago.

[leedskier] 27/3/2017 11:40

Dyson plays down hard Brexit concerns as company posts £2.5bn record sales
WTO tariffs not a barrier to financial success or trading with Europe, says billionaire founder

[leedskier] 27/3/2017 10:15

The so called US reflation trade, was in large measure in anticipation of Trump tax cuts.

The 'view' now is that if Trump cannot get support from Republicans to repeal the Obama health care legislation, he may not get support to slash taxes.

add

I have found a link to support that proposition

[leedskier] 27/3/2017 10:08

The fall today reflects concerns about the USA, not the UK.

If it were otherwise, this would not be the Telegraph headline.


FTSE 100 suffers sharp sell-off as Trump's healthcare defeat rattles global markets and weak dollar lifts pound to seven-week high

[cfc1] 27/3/2017 10:06

unfortunately we have politicians and they get in the way of progress, sense, business knowledge and everything else other than they can talk BS for years!!!

[avatar333] 27/3/2017 09:04

Morning.

;

[maxk] 27/3/2017 08:53

Wednesday methinks:

In the meantime, some more doom and gloom.

[bonda67] 27/3/2017 08:52

Wednesday, I think

[tfergi] 27/3/2017 08:19

Article 51 drops today?

[leedskier] 27/3/2017 08:01

7,280.44 -56.38 (-0.77%)

[leedskier] 27/3/2017 07:36

David Buik‏
@truemagic68


FTSE 100 expected to open down 57 points courtesy of IG at 7.30am

[leedskier] 27/3/2017 07:29

Freedom of expression does not apply to ADVFN. I cannot post a link to a proactive investors summary of the week ahead!

[leedskier] 27/3/2017 07:25

David Buik‏
@truemagic68


European opening update courtesy of IG at 7.10am - FTSE -49, DAX -57, CAC -32

[leedskier] 27/3/2017 06:58

Two articles in today's press caught my eye.

1) the Ft article that BHP has failed in its attempt to renegotiate downwards the terms and conditions of those employed at its copper mine in Chile and has capitulated.



@) the article in the Independent on a not dissimilar theme ... what happens if Brexit and Trump fail to deliver the promised land to the down at heel middle class.

[leedskier] 27/3/2017 06:19

US$ falling after the chaos in Congress on Friday. However although gold/silver rising everything else including oil, falling.

[leedskier] 27/3/2017 06:14

David Buik‏
@truemagic68


European opening seen lower over U S manifesto problems, inflation & Brexit fears - FTSE -43, DAX -46,, CAC -23 courtesy of CMC MARKETS