Barclays Share Discussion Threads

[johnwise] 15/11/2024 10:32

VIDEO


Mike Huckabee addresses role as US ambassador to Israel: 'A new sheriff is in town'

Fox News

[johnwise] 15/11/2024 10:20

VIDEO

Fox Business

'Crazy Democrats' say they won't cooperate with Trump and Homan on the border

Larry Kudlow:

[johnwise] 15/11/2024 10:05

How badly do you have to govern an island built on coal, surrounded by fish and could be self sufficient in gas and oil, to be in the financial state that we are in?


Oil and gas discovery in North Sea

This is the first discovery in this area in 2024, apart from an appraisal well in a previous discovery


Equinor has struck oil and gas near the Fram field in the North Sea. The discovery is estimated at between 13 and 28 million barrels of oil equivalent.

An exploration well with sidetrack has been drilled about 10 kilometres north of the Troll field in the North Sea. Petroleum was struck in both well trajectories.

Both oil and gas were discovered, slightly more than half being gas. The discoveries were made on the Rhombi prospect.

The license owners will consider tie-in to existing infrastructure and other prospects in the area.

[johnwise] 15/11/2024 09:51

These 10 new cars will cost £5,490 just to TAX next year...

Chancellor's VED raid on new petrol and diesel cars will hit these models hardest


List of cars

[johnwise] 15/11/2024 09:36

UK Treasury chief says she's not satisfied by paltry third-quarter economic growth


The British economy’s rebound from recession slowed down sharply in the third quarter of the year with most sectors stagnating

Britain's Treasury chief Rachel Reeves said Friday that she is “not satisfied” by official figures showing the British economy's rebound from recession slowed down sharply in the third quarter of the year, with most sectors stagnating.

The Office for National Statistics said growth during the July to September period was just 0.1%. That was lower than the 0.5% recorded in the previous three-month period and below market expectations for 0.2%.

The statistics agency said overall output in September actually shrank, a development that is likely to fuel accusations from critics of the new Labour government that it talked the economy down in its first few weeks in power.

[johnwise] 15/11/2024 07:54

The UK National Debt is.


UK pledges millions to help developing countries access clean energy

Revealed at COP29, the £79 million plan will fund projects to help vulnerable countries develop low carbon technologies and cut emissions

At COP29, the UK committed £79 million to help developing countries adopt clean energy, pushing the global transition away from fossil fuels.

[johnwise] 15/11/2024 07:45

Growth Slows As Businesses Face Mounting Costs


Responding to the latest GDP data published by the Office for National Statistics today, David Bharier, Head of Research at the British Chambers of Commerce said:

“Today’s preliminary GDP data for Q3 at 0.1% suggests economic growth has lost some momentum in the second half of 2024.

“Our latest research has shown business confidence falling back amid a spike in anxiety over tax and employment policy. Meanwhile geopolitical uncertainty continues to make international trading conditions challenging.

“Last month’s Budget gave UK businesses some welcome indication of the Government’s long-term framework to boost growth. However, our early feedback from businesses suggest many will not be able to stomach the raft of new costs.

“SMEs now face making tough decisions to deal with the increase in National Insurance Contributions, the rise in the National Living Wage and the impact of the Employment Rights Bill.

“Sustained economic growth can only come through business. That’s why it’s crucial that we see decisive and inclusive action at pace from the Government to unlock investment. A lot is riding on the detail of the industrial and trade strategies in the months ahead.”

[johnwise] 15/11/2024 07:12

With the help of immigration Tent Citys on the horizon:



Crisis Point – over 40% of landlords to sell property in coming year


New data reveals the chronic shortage of homes available to rent to meet demand.

Some 79% of landlords report that the demand for private rented housing was strong in the third quarter if the year, according to research from Pegasus Insight.

The data, compiled for the National Residential Landlords Association, indicates that landlords who let property in the South East experience the highest levels of demand, with 84% saying it was strong in Q3 2024.

[johnwise] 15/11/2024 06:31

Big Pharma, they need to revert back to long term clinical trials and liability for their products, as their profit motive is overriding safety.

Dr Campbell

Vaccine dangers
Video


VIDEO

Low Carb Explained

[johnwise] 15/11/2024 06:22

"He claims this contradiction is being driven by corporate interests putting profits over Americans’ health when it comes to vaccines, medications and food and drink.".

The Daily Mail

Trump's RFK Jr. nomination sends stock market into meltdown - as his full plan to 'make America healthy again' is revealed


Donald Trump's nomination of Robert F Kennedy Jr. to lead the Department of Health and Human Services sent shares of major drug companies crashing today.

Moderna stock tumbled seven percent following the announcement of RFK Jr as his most senior health chief, as Pfizer's fell three percent and Novavax saw its shares drop five percent.

The idea of one of the country's foremost vaccine skeptics heading up health policy has many health experts in government nervous, but he has earned praise from the left and right for his plans to crack down on harmful food ingredients that aren't allowed abroad and emphasize exercise and healthy eating over taking pills.

[johnwise] 14/11/2024 20:35

'Devastating' figures show UK takes in HIGHEST percentage of migrants in the WORLD


Nigel Farage

[johnwise] 14/11/2024 19:45

Reeves plots mega raid on pensions, union warns


MORE than six million workers’ pension pots are at risk under Treasury plans to create so-called “megafunds” to siphon off into national infrastructure projects, GMB warned today.

Chancellor Rachel Reeves has said she wants to pool assets from the 86 separate local government pension schemes (LGPS) into eight funds, worth about £50 billion, by 2030.

She is due to announce her plans, which the government claims will be part of the “biggest pension reforms in decades,” in her inaugural Mansion House speech as Chancellor before City leaders tonight.

Alongside these are plans to combine smaller defined-contribution schemes across the country into pools of £25bn to £50bn.

GMB union has raised “strong reservations” over the annoucements, warning megafunds should not be used as “slush funds” for the Treasury.

The LGPS represents one of the world’s largest defined-benefit schemes, with 6.5 million members and some £360bn in assets.

GMB national pensions organiser George Gergiou told the Morning Star: “Our view is the Treasury have seen that and said we want a bit of that to fund some of our great infrastructure projects.

“This is not spare money, this is not a slush fund for people to dip into.”

[johnwise] 14/11/2024 16:09

VIDEO

Charlie Peters & Charlie Downes of the Centre for Migration Control discuss the record levels of foreign-born citizens in UK social housing, the Department of Working Pensions no longer publishing welfare claims by nationality. Are we hiding the truth? Join the Charlies as they dissect.


Migration Expert BLASTS Mass Migration Stats With Insane Levels of Foreign-Born in UK Social Housing

GBNews

[johnwise] 14/11/2024 15:48

.Duplicated

[johnwise] 14/11/2024 15:37

VIDEO

Fox Business

Gatestone Institute senior fellow Gordon Chang discusses the impact of Trump's Cabinet picks on China, CATL eyeing a U.S.-based plant if the president-elect allows it and China's current 'volatile' society.

Expert warns ‘insecure’ Chinese regime is ‘very worried’ about Trump

[johnwise] 14/11/2024 15:30

'Rachel Reeves is killing my business - I can't afford to pay my staff'

One shop owner in Bristol has revealed the true cost of the Budget, with National Living Wage hikes costing businesses £3,000 extra.

[johnwise] 14/11/2024 13:29

In Labour’s dystopian world Rachel Reeves will decide where our pensions invest

Chancellor Rachel Reeves has brought the economy to a grinding halt with her Budget. Now she's got big plans for our pensions. How scared should we be?

[johnwise] 14/11/2024 13:06

CITYam.com

Sterling hits lowest level since July as Trump victory dents the pound


The pound touched its lowest level since early July on Thursday as the currency’s sell-off since Donald Trump’s re-election as President continued.

Sterling fell to as low as $1.2631, having lost nearly three per cent since Trump’s election victory last week. Other currencies have also recorded declines against the dollar, with the euro falling to its lowest level in around a year and the Japanese yen at its weakest position since July.

The dollar index, which measures the greenback against a basket of global currencies, was hovering around one-year highs yesterday.

[johnwise] 14/11/2024 11:26

"These adjustments reflect the broader trend of rising costs in the lending market"

British government borrowing costs are spiralling, the UK needs to pay £120bn per year just to serve its borrowing costs


The Daily Mail

Barclays increases mortgage rates by up to 0.6% as lenders rush to hike home loan costs

Barclays is the seventh major high street lender to increase rates this week


Mortgage borrowers look set to no longer be able to bag a home loan deal below 4 per cent as lenders continue to hike rates at pace.

This evening, Barclays became the latest bank to announce it is upping mortgage rates.

The bank is upping rates by between 0.3 and 0.6 percentage points, according to Nicholas Mendes, mortgage technical manager at broker John Charcol.

Barclays is the seventh major mortgage lender this week to announce rate hikes.

It follows similar moves by NatWest, Santander, TSB, HSBC, Virgin Money and Nationwide Building Society.


These adjustments reflect the broader trend of rising costs in the lending market, influenced by ongoing economic pressures and changes in the interest rate environment.

[johnwise] 14/11/2024 08:13

Rachel Reeves hangs portrait of communist hero Ellen Wilkinson in No 11 Downing Street



CITYam.com

Exclusive: Reeves to reveal new mutual council with Nationwide and Co-Op

Chancellor Rachel Reeves will set out plans for a new mutual council today made up of some of Britain’s biggest customer and member-owned firms, including Nationwide, Royal London and the Co-Op Group, City AM understands.

In her maiden Mansion House speech, Reeves is expected to set out a growth plan for mutually owned business as she looks to fulfil a manifesto pledge to double the size of the sector, sources told City AM.

Co-operatives and mutuals are owned by their members rather than shareholders. Across the UK, they have combined revenues of some £165.7bn.

The plans will follow a pre-election pledge by the Labour party to support “diverse business models which bring innovation and new products to the market”.

“This includes the co-operative sector, and we will aim to double the size of the UK’s co-operative and mutuals sector,” Labour wrote in its manifesto.

While the exact scope of the new advisory group is unclear, one source said it could advise ministers on how to encourage more businesses to adopt co-operative ownership models.

“The Government is committed to unlocking the full potential of the mutual and co-operative sector to support inclusive growth and will work with the sector to ensure it is fully supported to grow,” a Treasury spokesperson said.
MORE

[johnwise] 14/11/2024 07:41

We are broke, we have no more money. This is madness - sheer madness.

The UK could be asked to pay into a staggering £1trillion fund for poor countries fighting climate change at this year's COP29 summit.




COP29: MDBs commit $120bn annually for climate action in developing nations by 2030


Leading multilateral development banks have announced their collective climate financing target of $120 billion per year by 2030 for low- and middle-income countries, aimed at supporting adaptation and mitigation efforts


At the opening of the COP29 World Leaders Climate Action Summit, a coalition of Multilateral Development Banks (MDBs) unveiled ambitious climate financing estimates aimed at bolstering adaptation and mitigation efforts across low- and middle-income countries.

With a target of $120 billion (£94.1bn) per year by 2030, this new goal highlights MDBs’ commitment to addressing the climate needs of vulnerable economies and advancing global efforts to limit climate impacts.

For high-income countries, MDBs aim to provide an additional $50 billion (£39.2bn) annually, alongside a broader effort to mobilise $65 billion (£51bn) each year from private sector partnerships.

[johnwise] 14/11/2024 07:17

Financial Suicide:


Jaguar boss says having NO new cars on sale for a year is part of a 'strategic decision'


Jaguar's boss has defended the car maker's decision to stop selling new cars for a year ahead of its bold transition to electric vehicles.

The British brand has ceased output of all petrol and diesel models for the UK market for the first time since the Second World War as it terminates its 102-year relationship with the internal combustion engine.

This comes ahead of its switch to battery power from 2026 and its dealers closed order books to new customers last week, leaving Jaguar with no new cars on sale for what it has dubbed a 'sunset period'.