 Labour are single handily killing off future investment in buying shares in companies for dividend payments and future investments. They are destroying UK businesses not building them.
They are not fit to be opposition let alone be the government. They have no clue what they are about to do to this country.
The Resolution Foundation again points out that one of the most glaring inequalities is the fact that CGT is paid at the top rate of 20% on share disposals by high earners (or 28% on the carried interest earned on the share of profits by investment fund managers), but Income Tax is paid at the Higher rate of 33.75% on dividends, and 39.35% Additional Rate. The Resolution Foundation suggests that even with the reintroduction of inflation indexing to CGT to mean it was only paid on real-terms gains, bringing rates into line with dividend Income Tax rates could earn the Treasury £7.5bn a year.
This would not only hit large shareholders hard, it would also represent a huge grab from the whole venture capital sector, which uses carried interest as the basis of performance-related fees for fund managers. As practically all fund managers would fall into the Additional Income Tax bracket, they would in effect see their tax liabilities leap by 11.35%. |
I`m not sure skinny...I follow them on twitter so see the updates. I`ll ask him. |
British Electricity Tracker/Prof Andrew Crossland
@myGridGB
·
22m
British electricity mix at 11am on 22nd Oct 2024
🔥Gas 26.0% Biomass 9.4%
🍃Wind 26.0% Solar 13.0% Hydro 1.6%
⚛️Nuclear 11.1%
➡️Imports 12.8% Other 0.0%
🪫Storage 0.0%
🔌Generation 35GW
Carbon intensity 182 gCO2e/kWh
British Electricity Tracker/Prof Andrew Crossland
@myGridGB
·
8h
British electricity mix at 3am on 22nd Oct 2024
🔥Gas 14.8% Biomass 12.8%
🍃Wind 46.1% Solar 0.0% Hydro 1.6%
⚛️Nuclear 17.0%
➡️Imports 7.7% Other 0.0%
🪫Storage 0.0%
🔌Generation 23GW
Carbon intensity 118 gCO2e/kWh
vs 50-100 gCO2e/kWh target by 2030
Show more |
Sentiment has definitly cooled primarily because of the last Gov turning turtle....Labour too have reduced their enthusiasm too....
On the bright side `green` is happening despite the above (which is also what ITM said at their last results)....For instance if you look at any recent chart on where our power comes from at any given time you can see that wind, especially wind, at this time of year has been making up to 50% of power....No coal for many hundreds of days...Night before last Octopus were paying people to take electricity. Green is happening IMO...Perhaps just a bit slower than we all would wish.
I`m sticking with ITM.
The news I want to see is of big contracts to build their electrolysers...Or BoDs buying some shares instead of being given them. |
In a day of red across many shares, someone has just bought 40,000 of it. |
Hedging bets agaist Green Energy is a protective bet against Fossil Estate
If anything,it is a positive for Green
taken more seriously .
Renewable energy is a fact now and its use will grow and not recede |
Hedging bets agaist Green Energy is a protective bet against Fossil Estate
If anything,it is a positive for Green
taken more seriously |
Bloomberg
The Climate Short: Hedge Funds Pile Up Huge Bets Against Green Future
The $5 trillion industry's move against clean energy and green technology may prove more damaging than political pushback over “woke” capitalism. |
Sentiment has obviously cooled, with many Majors and Governments back pedalling on green 'aspirations'.
This will probably lead to a reduction in companies in the sector - the decision you have to make, is do you believe that ITM will be one of the companies that survives and flourishes - if not - perhaps sell up? |
Nice
If there is no news what would you like them to say?. |
nice
Why wouldn’t they sell other shares but not ITM? |
Grahamwales did...Or implied many AIM stocks were dropping because of it. |
I didn't mention ITM. |
Really? I can't see many people saying they're going to sell ITM because they lose the IHT relief...
This is doing badly for the many reasons already stated. Lack of news doesn't help of course. I follow, invest, in quite a few other AIM listed stocks- They're not dropping. |
.
. |
Why would IHT reform hit AIM? |
Yep for sure |
I think possible IHT reform in the budget is hitting AIM generally. |
As i have already said the recent drop has nothing to do with the company. Majority of not all AIM shares have seen big drops. AIM rule changes is just one of the reasons.
Barney not sure why you are frustrated bearing in mind you don’t hold any shares 😂😂😂 |
Sorry Skinny the company just wind me up when I see folk fleeced |
You've made your point. |
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