Natwest Share Discussion Threads

[johnwise] 05/7/2024 14:12

State pension could be MEANS-TESTED under Labour, admits senior Keir Starmer advisor


Sir Edward Troup, a former executive for HM Revenue and Customs (HMRC) who has been advising Shadow Chancellor Rachel Reeves, said action has to be taken on pensions.

Speaking to LBC, Sir Edward claims that pensioners must "contribute possibly more" than Britons of working age in some circumstances.

In its call for the state pension to be means-tested, the HMRC official noted that pensioners are more likely to have accumulated sizable wealth than those who are younger.

"It's a benefit which you've earned, but in a sense, we've earned all our benefits by paying tax and being members of society," Sir Edward said.

"I don't think it's wrong, it's an income and actually, you do pay tax on it as it happens.

[smurfy2001] 05/7/2024 10:18

Barclays, HSBC and Yorkshire Building Society have all reduced their rates, following Santander and Halifax earlier this week.

[smurfy2001] 05/7/2024 10:16

Labour winning is positive for the housing market and therefore lending.

[polar fox] 05/7/2024 09:23

So the share price has briefly got above 328.20 this morning - a new uptrend high from last October's Q3 low and, more significantly, a 8 1/2 yr high (since before the Brexit vote). All very encouraging for the longer term and I'll stick by my very L/T TA target around £5.

[gcom2] 04/7/2024 19:29

and what will cable do tomorrow...really nice wedge on the 3yr is it gonna break substantially higher

[polar fox] 04/7/2024 12:30

Coming back to the SP, we've seen a high of 326.90 this morning, which is getting close to mid-May's uptrend high of 328.20. Since that high, the share price has tested support at 300 and then rallied to where we are today.
The obvious question is, is it getting ready to break decisively higher, or will some more corrective work be required first? Watch 328.20, as well as the vote count!

[polar fox] 04/7/2024 12:11

A bit last-minute, but my preferred MRP has finally updated.

The party numbers are:
LAB 453
CON..78
LIB..67
REF...7
SNP..19

I've looked at a few specific seats, as previously.

Hunt loses, with LIB having a big 18.2% majority over CON.

Sunak holds with a 4% majority over LAB.

Badenoch holds with a 4.6% majority over LAB.

LIB gains my constituency with a stonking majority of 28.9% majority over CON.

Overall, it looks like LIB are going to benefit from a huge protest vote nationally.

One postal voter told me yesterday that she finally decided to vote CON as usual, rather than LIB, as she had indicated to me earlier. I'm geared up to seeing some more of that tonight as compared with the MRP predictions.

[cutliff2] 04/7/2024 10:23

Indeed gcom2 but lets hope for less sleaze this time round.
Can't understand why people still vote to perpetuate this broken system

[kiwi2007] 03/7/2024 21:53

And this is bad news ???

The Labour Party has designs on your pension if it wins tomorrow's election as it hopes to use the nation's retirement savings to revive the economy.



Seems like the best idea anyone's had regarding the markets for over 14 years.

[smurfy2001] 03/7/2024 21:27

Since Cameron quit it’s been a clown show.

[cutliff2] 03/7/2024 20:51

What would you call the last 14 years.............CRIMEWATCH UK

[gcom2] 03/7/2024 20:24

so four years of the muppet show beginning friday then

[polar fox] 03/7/2024 17:31

Final YouGov MRP - this is not the one I follow, that is still awaited:

"Tory seat total would also be a record low.

Our final MRP model ahead of the general election on Thursday shows a large Labour majority and a crushing defeat for the Conservative party.

Our central projections are vote shares of 22% for the Conservatives, 39% for Labour, 15% for Reform UK, 12% for the Liberal Democrats and 7% for the Greens.

These would result in 431 seats for Labour, 102 for the Conservatives, 72 for the Liberal Democrats, 2 for the Greens and 3 for Reform UK. The SNP have 18 seats in Scotland, and Plaid Cymru 3 in Wales.
unquote

[kiwi2007] 03/7/2024 12:10

Good news ... Go Labour.

[smurfy2001] 03/7/2024 11:55

Good news if you're in the UK market 🤣

[johnwise] 03/7/2024 11:53

Starmer plot to spend £100bn after election win - using YOUR pension fund

The Labour Party has designs on your pension if it wins tomorrow's election as it hopes to use the nation's retirement savings to revive the economy.

[skinny] 03/7/2024 10:53

FWIW :- JPMorgan raises NatWest price target to 370 (350) pence - 'overweight'

[portside1] 03/7/2024 07:32

Any women who votes labour must hate being a women starmerHates women

[johnwise] 02/7/2024 22:03

VIDEO

Mass Immigration Has Caused the Longest Recession Per Person in 70 Yrs

[gcom2] 02/7/2024 10:07

if this does rise on the inevitable labour landslide, it will show how much damage the tory infighting did to investability into the uk in my opinion...pretty shocking.

[skinny] 02/7/2024 10:03

FWIW :- UBS raises NatWest price target to 364 (340) pence - 'buy'

[johnwise] 01/7/2024 19:31

Video:
The truth about global warming


VIDEO: A Dearth of Carbon Dr. Patrick Moore

[johnwise] 01/7/2024 19:28

NatWest angers farmers by urging customers to buy less red meat and replace dairy products with plant-based alternatives


A 'carbon footprint tracker' uses transaction data based on spending habits



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