Royal Bank Of Scotland Share Discussion Threads

[gcom2] 29/3/2017 22:21

farage v campbell the other morning. worth a watch.

[smurfy2001] 29/3/2017 20:31

I'm very pleased about Article 50 being invoked. It's been a long time coming.

Sure it won't be easy and will probably takes years but in the long run it can only mean better things to come. l see there being real focus on allowing people in where skills are in demand. Less people taking advantage of the benefits system. Less strain on public services such as schools or hospitals. These are things that will benefit future generations.

The only downside l can see is probably need a visa to visit Europe!

[leedskier] 29/3/2017 19:45

From this evening's Telegraph editorial, which also refers to the quotation of Churchill's speech I posted here this morning .....


It is understandable that the EU and its leaders respond in this way. For them Brexit is a grievous blow. The EU may well survive it, and it is in no one’s interests that the bloc collapse in disorderly fashion, but there is no doubt that Britain’s departure will encourage other states to think again about their own membership, about whether this can be altered or perhaps even abandoned altogether. For the mandarins of the monolithic EU, that is heresy, to be quashed at all costs, even at the price of some self-inflicted damage. In the barmy world of EU politics it is entirely rational to cut off one’s nose to spite one’s face.

[leedskier] 29/3/2017 19:20

Just watch this space cfc1 .... we will see who is nuts.

As for Ireland read this ...


The breakdown of power-sharing in Northern Ireland would always have been gravely serious, but the clash with article 50 means the timing could hardly be worse. As of this week, either a new election will have to be called in Northern Ireland (its third in 12 months), or it may have to be ruled directly from London, in what would be a major step back in the peace process.

Regardless of the option taken, the people of Northern Ireland – who, like the Scottish, voted to remain in the EU – will be left without a government for much of the Brexit negotiations. This will cause considerable frustration locally, where many already resent what they see as London’s decision to drag Northern Ireland and Scotland kicking and screaming out of the EU against their will.

[leedskier] 29/3/2017 19:01

Frau Merkel knows that she is now the most powerful politician in the World. This is why she felt confident enough to tell Trump that he could take a running jump. She has been in power for 12 years. Yes, the UK has had four Prime Ministers during her reign, and it is not over yet.

The problem Theresa May faces is that she has no experience of negotiating at this level.

She keeps overplaying her hand and comes up short. A few months ago she offered to act as a go between the EU and Trump. The EU leaders laughed that one away.

Today she says no trade no access to GCHQ. Again she has made herself look foolish, not only abroad but in the UK. The UK is leaving the EU, not NATO.

The best thing she can do, is say nothing and let her trade ministers negotiate trade deals with non Eu countries.

When the UK has an international order book --- assuming it does, then she can negotiate from a position of strength.

Meanwhile the UK has an internal issue which affects our own security, namely the position of Northern Ireland and the open border with the Republic.

There is presently a real prospect of that powder keg blowing-up.

Merkel appears happy to spin out trade deal negotiations beyond the 2020 UK election. At least Chamberlain had a piece of paper promising peace in our time, to waive after the Munich meeting in 1938. The only piece of paper TM will have prior to the 2020 election, is an invoice for £50 billion.

[maxk] 29/3/2017 18:15

I'm posting on the fly leeds.

Will get round to Herr Merkel (real boss on the €U) later.

[leedskier] 29/3/2017 18:13

Britain cannot accept Merkel's terms. Britain would be hung out to dry.

[maxk] 29/3/2017 18:13

The usual, and what you would expect from the luvey's.

To his credit, Giles Fraser picked out the real problem for the traditional labour supporter.

[mondaytuesday] 29/3/2017 18:08

Chinese, come one what's the average share price you're holding pal?

[leedskier] 29/3/2017 17:49

Angela Merkel has dealt an instant blow to Theresa May's plan for Brexit by rejecting the PM's plan for trade talks to take place at the same time as Article 50 secession negotiations.

Britain will be put into the slow lane for discussions about any future trade deal with the EU following an intervention by the German Chancellor, who intervened just hours after the UK invoked Article 50.

[dope007] 29/3/2017 15:57

He is a politician and he opened his mouth. He will not do anything for the citizens of Europe. Only EU bankster cartel

[leedskier] 29/3/2017 13:53

How can Macron possibly be a liar?

He is not currently in power in France!

He is an independent candidate.

[dope007] 29/3/2017 13:49

Macron is a liar then as the EU continues its destruction of Greece to bail out other EU banks

[chinese investor] 29/3/2017 13:07

However, sources told Sky the Action Group had rejected the settlement as many of its members want to see the case through to a trial that is due to begin in May.

Some of the group’s members are willing to settle but want 92p per share, Sky said.

If the case reaches court, Fred Goodwin is likely to be asked to give evidence as he was the bank’s chief executive at the time of the rights issue.

Goodwin and former chairman Sir Tom McKillop have been named as defendants in the case, which has accused the lender of misrepresenting its financial health before the rights issue.

RBS and the Shareholder Action Group both declined to comment on the report.

The lender has paid more than £100mln defending the case.

[leedskier] 29/3/2017 11:01

[Philip Hammond] suggested that the government has given up plans to use today as the cut-off point after which EU nationals arriving in the UK will not necessarily have their rights guaranteed. The government has said it wants to guarantee the rights of EU nationals in the UK, but has not specified a cut-off date.

[leedskier] 29/3/2017 09:44

£3bn, or 11% of Lloyd’s premiums, comes from continental Europe.

So I guess it is important that that business is not lost, but to whom would it lose it?

I doubt there is any European Insurer able or willing to take on the risks Lloyds of London underwrites.