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[dlku] 11/6/2015 07:30

good read across for Topps Tiles from Homebase

[mammoth1] 11/6/2015 07:21

Argos bad, Homebase very good...http://www.ft.com/fastft/341572/home-retail-group-sounds-cautious-note-on-argos

[solanki2000] 10/6/2015 22:35

You idiot amazon ain't going to buy argos, it's an entire group Home retail group Inc financial services and homebase. The group has spent 300m on a 5 year transformation plan and is fully committed to being fully digital

[oldvic] 10/6/2015 22:13

amazon will buy argos
you mark my words
theve got an amazon CEO now
only a matter of time

[imperial3] 10/6/2015 19:59

Walmart where art thou?

[oldvic] 10/6/2015 17:09

NICE HALF A MILL TRADE AT THE DEATH

[mammoth1] 10/6/2015 08:11

Snippet from Sainsbury's results today...We opened three Argos digital stores during the quarter in North Cheam, Nantwich and West Hove and we will have opened ten by the end of the first half.

[mammoth1] 10/6/2015 06:57

HOME, a potential takeover target given a market cap at just a little under 1.2Bn?...anyone?

[imperial3] 08/6/2015 12:14

The market is so pessimistic here.

[gain] 07/6/2015 16:08

Your local council’s snouts are deep in the trough of your money
By David Craig, on June 6th, 2015

1
I imagine your local council is having to make cuts – closing libraries and sports facilities, reducing care for the elderly, less frequent rubbish collections and that sort of thing. Well they have to, don’t they? After all, their budgets are being reduced.

But, in spite of their supposedly tight budgets, there seems to be one area where your local councils can spend, spend, spend – their own salaries.

During the Brown boom from 1997 to 2007, the number of people working for local councils being paid over £50,000 a year shot up by a factor of around ten from 3,300 to over 33,000. But in the economy as a whole, it only went up by a factor of three. Brown, as we now know, was hosing our money into the pockets of ever-increasing numbers of useless, pointless, over-paid, over-pensioned bureaucrats while claiming that his financial-incontinence was ‘investingR17; for Britain’s future.

Now, you might think that this massive increase in the numbers of bureaucrats and their salaries would have slowed down or even stopped after the 2007/8 financial crash and ensuing recession. If so, you are sadly rather naive. The recession seems to have left Britain’s bureaucrats untouched. In fact, like Britain’s bankers, our bureaucrats have had a rather good recession, especially in our local councils.

In 2007, just before the financial collapse and the recession, there were in the region of 600 people in local councils being paid £100,000 a year or more, 64 on £150,000 a year or more, 5 on £200,000 a year or above and none earning anything near £250,000. Yet by 2013, after years of supposed ‘we’re all in this together’ austerity, there were a more impressive 2,181 on £100,000 or more, 542 on £150,000 a year or more and 34 on £250,000 a year or above (click to see more clearly)



Over the same period, the average remuneration package of the ten highest-paid council executives jumped from about £203,000 a year to above £270,000 a year – a rise of 33 per cent during one of the worst recessions in British history.

So, don’t believe your council’s lies about budget cuts. While your local council slashes services claiming a lack of money, they must be falling off their chairs in laughter as they shove ever more of our money into their own bulging bank accounts.

In your local council, it’s snouts in the trough of our money.

[gain] 07/6/2015 16:00

One labour MP who can be admired

[sr2day] 07/6/2015 15:26

underpriced,sp should be at least 180p.

[mammoth1] 07/6/2015 08:21

Snippet from IG...http://www.ig.com/uk/market-news-and-analysis-m/shares/2015/06/05/home-retail-group-to-release-q1-results-25278

[imperial3] 05/6/2015 14:28

Thanks Tman.

[toffeeman] 05/6/2015 13:23

AKO Capital LLP for AKO Master Fund Limited 1.22
BlackRock Investment Management (UK) Limited 0.58
Immersion Capital LLP 1.23
Marshall Wace Asia Limited 0.59
Marshall Wace LLP 0.59


DK if last two are one short or two but overall not a large aggregate position

[imperial3] 05/6/2015 10:42

Are these being shorted?

[gain] 04/6/2015 17:49

German EU architect says Britain set to become ‘an irrelevance’ and reform 'a pipe dream'

DAVID CAMERON's hope of reforming the European Union is a case of "wishful thinking" and quitting the EU will mean Britain becomes an irrelevance, a German political grandee said today.

By OLI SMITH
PUBLISHED: 12:29, Thu, Jun 4, 2015 | UPDATED: 16:47, Thu, Jun 4, 2015





532

229
GETTY
David Cameron tried to woo Angela Merkel last week to gain support for his EU reform plans
The Prime Minister has just returned from a whistle-stop tour of EU member states in order to drum up support for his plans to win back powers from Brussels.

On his trip, the Conservative leader received a welcome boost from German Chancellor Angela Merkel, who expressed a "desire" to play a constructive role in working with Britain.

Mrs Merkel did not rule out EU treaty change for Mr Cameron's reforms and said she had a "clear cut hope" that Britain would remain in the 28-member bloc.

However, former German foreign minister Joschka Fischer has dampened Mr Cameron's hopes of reforms by claiming his country won't support any proposals that "endanger the basic principles" of the EU, such as freedom of movement across the union.

He warned the Prime Minister not to get carried away with German support for Britain's plans, adding that the UK's in/out referendum on EU membership is far from a priority for Mrs Merkel.

GETTY
Joschka Fisher has warned Cameron to not get carried away with German backing for Britain's EU plans
What will the UK be without the EU? The answer is very clear, very negative
Joschka Fischer
Mr Fischer, an architect of European foreign policy and EU arch-federalist, said the current risk of Greek bankruptcy was the real focus of Europe.

Mr Fischer told the BBC: "Don't lose yourself in wishful thinking.

"Angela Merkel will do nothing which will endanger the basic principles of the common market, of the EU.

"And she has a much bigger problem to address - how to find a compromise in the currency union with Greece. That's her priority number one now."

Mr Fischer also dismissed an "illusion" that Britain would receive special treatment because of its large European budget contributions.

He claimed the UK would become irrelevant on the world stage if it quit the EU.

He said: "What will the UK be without the EU? Go to Washington, ask them. The answer is very clear, very negative."

Related articles
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Outrage as the EU loses £650m of taxpayers' cash to fraudsters in just ONE YEAR
Mr Cameron is seeking a number of reforms in order to convince British voters to remain a member of the EU.

As part of a Tory manifesto pledge, an in/out referendum on European Union membership will be held by 2017.

Mr Cameron has yet to set out the full details of the exact changes he hopes to achieve before the referendum.

Mr Fischer's comments will come as a blow to Mr Cameron, who was pinning his hopes of EU reform on Mrs Merkel's support.

Last week, the German Chancellor had said: "Of course we have the desire to work very closely together.

"We would like to be a part of the process that is going on in Great Britain at the moment and we would like to be a constructive partner in this process.

"I have said wherever there is a desire there's also a way."

[mammoth1] 04/6/2015 14:02

Did any one actually see a sub £1.54 trade yesterday when the intraday low recorded £1.48??...certainly non of the intraday charting I looked at carried any pointing to the share going that low.

[market sniper1] 04/6/2015 12:46

excelent intra day reversal.

[toffeeman] 04/6/2015 09:02

Hi Ross,

An update perhaps? - Looks like your 125 could happen.