Barclays Share Discussion Threads

[portside1] 27/3/2024 09:08

Barcs share price now the same as it was in jan 2020 It as done nothing but paid out millions in bonuses for failure Barc is a bank run just for the directors milking the bank till they move on which has been the same now for 18 years Not run for holders We are given out false info every year

[johnwise] 27/3/2024 09:00

MOCK YOU

We're waiting for your call

[johnwise] 27/3/2024 08:51

The Tory's Marxism Energy Profits Levy continues to have a direct impact on investment in the UK


Ithaca Energy cuts UK investment after profits hammered by windfall tax


North Sea oil group Ithaca Energy plans to slash investment in the UK after earnings were hammered by Britain’s Energy Profits Levy in 2023.

Ithaca Energy's full-year profit slumped to $215.6million from $1.03billion last year, as it produced about 70,239 barrels of oil equivalent per day (boe/d), down from record output of 71,403 boe/d the previous year.

The group paid an EPL rate of 35 per cent, meaning it paid $333.4million in the year. It also suffered large write-downs and the impact of weaker oil prices.

The Energy Profits Levy continues to have a direct impact on investment in the UK North Sea, with projects across our operated and non-operated deferred or cancelled. The extension of the Energy Profits Levy by a further year to a sunset date of March 2029, highlights the continued fiscal uncertainty our sector faces.

Interim boss and finance chief Iain Lewi said:

'The Energy Profits Levy continues to have a direct impact on investment in the UK North Sea, with projects across our operated and non-operated deferred or cancelled.

'The extension of the Energy Profits Levy by a further year to a sunset date of March 2029, highlights the continued fiscal uncertainty our sector faces.'

[portside1] 27/3/2024 08:50

Ti.di v yee

[johnwise] 27/3/2024 08:43

Nationwide's takeover of Virgin Money could be a disaster for the building society

City Comment: I hope I am wrong about this deal

[johnwise] 27/3/2024 08:03

Brilliant marketing ploy at M & S


Marks & Spencer to launch TV series to find UK’s “next top designer”

Marks & Spencer has revealed plans to launch a competitive new TV series called 'M&S: Dress The Nation' on ITV1 and ITVX, to be hosted by presenters Vernon Kay and AJ Odudu and set to air in autumn 2024.

The winner of the show "will secure a life-changing job as a junior designer at Marks & Spencer", and no formal qualification or training in fashion design is required to take part.

[portside1] 27/3/2024 07:56

Johnwise. Any good news out their today We love your posts

[johnwise] 27/3/2024 07:53

I have been watching the global warming nonsense since when it was started by the BBC on their stand at Earls Court. .. I knew then global warming was utter nonsense, no doubt David Attenborough was involved even in those days, and he still is at it in 2023. ..
So-called renewables cannot ever replace what oil especially does. There is no 'climate crisis'. If you want to see a real crisis, wait and see what happens when the oil runs out.


Regulator warns it could block oil and gas projects if they do not cut emissions

The regulator of the UK’s oil and gas companies has said that they need to take action to set themselves on a path to reducing emissions and warned it could block developments if they did not take reasonable steps.

The North Sea Transition Authority said that a plan it published on Wednesday highlights “the need for action across the board on production decarbonisation”.

It said that it would work with oil and gas developers, but if they did not take steps it thought necessary it might not approve their applications.

[portside1] 27/3/2024 07:49

T y di-t-341-yee