Barclays Share Discussion Threads

[johnwise] 08/7/2016 06:46

GDP growth forecast to pick-up despite Brexit vote

NIESR estimates UK GDP grew by 0.6 per cent in the three months to June, up from the 0.4 per cent rate in the first quarter of the year

[johnwise] 08/7/2016 06:44

“Millions of public sector workers continue to enjoy generous DB pensions which are all but extinct in the private sector."


The UK’s public sector pension liabilities are equivalent to 81 per cent of gross domestic product, according to the National Audit Office.

Figures published by the department reveal public sector net liabilities of £1,493bn, the single largest liability on the government’s balance sheet. It represents 42 per cent of all UK government liabilities or £55,000 per UK household.

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[evianone] 07/7/2016 23:33

good evening, purchased today as a punt, if the payroll figures are better tomorrow in America and the hourly pay, (cant see them being any worse than last month) should have a little rally until next week when Carney cuts interest rates!! any views

[squiresquire] 07/7/2016 20:03

What EU..its knackered

[scobak] 07/7/2016 19:53

Hello Porty, just logging in and missed the last 80 or so posts. You say we need
PM with balls. In view of the last 2 going forward, I can safely assure you that
we are going to be unlucky this time round as well.

[portside1] 07/7/2016 15:35

forget the way other countries deal with the eu we need a deal that suits the uk

[terminated] 07/7/2016 15:22

Topicel: If we opt for then Norway model we will not get any extra concessions. You say we could disentangle ourselves from the EU political system, which is only true to a degree we will still need to submit to many things, but we must still allow free movement. The problem with this is people voted out mainly due to immigration and the detrimental impact it had on services, housing and wage depreciation. I doubt the people will stand for the Norway model because it will basically maintain the same problems but give us less say and influence in Europe. We either leave completely or we stay in under the same terms and hope the EU adopt changes. The other sensible option would be for the EU to allow a two tier system, whereby the tier 2 members (Romania, Poland and Bulgaria) were not entitled to full immigration rights until the country had attained a similar economic standard as the tier 1 members, but do you really think they will do that?

I was damn scared when we voted Brexit and more particularly when all the scare mongers started to say how much we would loose, but the more I research this the less concerned I become and the more I see how depressed the Eurozone will become because the people running it are running as a social network rather than an economy. Personally I would love to stay in under a reformed EU but no one can make them reform and no one can be voted in or out to make it happen (which is damn scary in itself).

[30rock] 07/7/2016 14:16

Any expert opinions on how to analyse the banking sector in the coming months? What do we need to look out for and the likely scenerios? Many thanks!

[joe say] 07/7/2016 12:37

Mr W - the public voted for Brexit

It's crystal clear imo what the fundamental issue behind that means - even if (as you're probably hinting) the subsequent arrangements need to be agreed

But the bottom line is out of the EU club

[30rock] 07/7/2016 12:10

Free-fall in the horizon* the Brexit vote has triggered the domino effect.1) BoE opens up its too box with fiscal measures2) Banking regulations are relaxed3) Investor market jitters in London leading to wide spread panic What is next?

[topicel] 07/7/2016 11:37

What, he doesn't wear trousers?

Topicel

[portside1] 07/7/2016 11:16

is jes going to use brexit to cover is back side

[portside1] 07/7/2016 11:13

just watching cnbc a barcs guy on their how the heel can he give any advice looking at barcs .

[pennstreet] 07/7/2016 11:10

In the mean time - where is the price heading ?

[mr woodentop] 07/7/2016 10:59

Joe - But can anyone say what exactly that means?

The Conservative leadership campaign is showing there are different interpretations even between the ones that voted leave. Or do we just mean lets go the whole hog and block the channel tunnel.

All the politicians are doing is putting an opinion of what they thought the british people meant by voting brexit. There was nowhere on the voting paper to say. This is why referendums are a stupid idea generally as they leave uncertainty. Is it anti immigration, is it anti beaurocracy, is it anti globalisation, is it pro deal with the commonwealth countries?

The only way i can see to put this to the test is have a general election where each candidate/party has a defined view.

The political infighting within parties would then need to provide a united policy or split their respective parties to properly represent the views of party members/politicians rather than paper over the cracks with various fudges as they have done over the last 15/20 years. Then people might re-engage with politics.

[topicel] 07/7/2016 10:54

Which brings us full circle to the daft argument that we were being told what to do by Brussels, when, like any club, say, as it's Wimbledon mania time again, The All England Tennis Club, you are one of a committee and vote accordingly.

We chose our 'non-elected' faceless ones in Brussels and so did everyone else. You do the same in Westminster and then, as ever, they appoint their own faceless ones. Some, we get to know, most, as witnessed by the TV programme 'Pointless', most forget, if they ever knew them - even Cabinet appointments...

And so on down the line, through party apparatchik's who in the coming weeks will decide for the rest of us who is Prime Minister and Her Majesty's opposition leader, down to councillers, or any other quango or set-up from the Lords to the Parish fete committee who run village events for us.

You are in so many un-elected clubs and outfits all the time and yet people think they are getting their 'country' back in some form or other. An election would change nothing, as certainly I'll never have a vote that matters in my seat, and that is true most places, while we have first-past-the-post.

Topicel

[joe say] 07/7/2016 10:45

But we did vote for Brexit

[mr woodentop] 07/7/2016 10:14

Precisely. The public may have voted for Cameron and his election pledges, we certainly didn't vote on any of the agendas of the potential incoming PM's. Should be General Election IMO

[portside1] 07/7/2016 10:06

mr . we should have an election . I am all for that .

[mr woodentop] 07/7/2016 10:04

Yeah, lets vote for the next unelected british PM! Just like Brussels eh!

[portside1] 07/7/2016 09:43

to take 2 months to vote on who is going to be the pm is a disgrace its only a bloody vote on two people .
all the members have decided who they wil vote for my decision is made just need the voting paper nothing else

[topicel] 07/7/2016 08:49

Terminated, we can request the Norway model-plus. There is nothing to stop us asking.

Or do you just accept whatever price you're told to pay in negotiations?

The one weapon we have is Article 50 and we can't deny our clear mandate (not massive, but clear) from the people that we must break our tightest ties with Brussels politically and also address immigration. The Norwegian model allows the first part but not the second. The Soc. Gen. Chairman is saying we ask for agreement that the Norwegian model is acceptable subject to adaptations of the movement of people into the UK.

The adaptation can, just like Norway, be negotiated around. But the message to the markets would be the real win-win as they would understand that the UK was still going to be in the Eurozone for trade deals and only the political wrangling about the terms would remain.

Hey presto, the U.K. Model. We agree to allow free movement of those with a job to go to, no more, no less. It would be reciprocated no doubt so retiring to the Costas would become more difficult/expensive, but there you have it.

Plenty of fun politically and economically we can all just calm down. And then I woke up. Lol.

Topicel

[portside1] 07/7/2016 08:38

yes and savers get nothing stop saving spend your cash

[johnwise] 07/7/2016 08:33

The average house prices is 10 times the average salary..


Race to offer cheapest ever 10-year mortgage: Watershed moment as 2.39% deal is launched

Coventry Building Society revealed it is poised to launch a loan with a fixed rate of 2.39 per cent for a decade.

The move undercuts HSBC, which today announces a ten-year fixed rate deal at 2.79 per cent.

[portside1] 07/7/2016 08:20

DIKU , the whole eu is bust to many non payers just takers