Royal Bank Of Scotland Share Discussion Threads

[jwe] 31/5/2013 10:28

There was certainly need for a change in 1997,a large section of the Tory party had lost the plot.The same could be said of the Labour party,albeit to a lesser extent,by 2010.
This time around the Tories were always going to struggle inheriting the mess they did which has been further enhanced by the fact that they are in partnership with the Lib Dems
Unemployment figures out of the EZ today pretty shocking

[leedskier] 31/5/2013 10:05

Funnily enough that is how I and many of my professional friends, especially the doctors and teachers, felt about the Tory Party in 1997.

[portside1] 31/5/2013 09:49

I have voted conservative all my life and my family and friends we are now all
going to vote UKIP Cameron and Osborne are just liars .
ashamed of the party Cameron must be kicked out and replaced by DD

[leedskier] 31/5/2013 09:45

Britain and Brussels have been at loggerheads for weeks over Theresa May's campaign to clamp down on so-called "benefits tourism". Cecilia Malmström, the European commissioner for home affairs, said there was no evidence to support the claims of immigrants arriving in Britain purely to get benefits and that requests for data from Britain had been ignored.

http://www.guardian.co.uk/uk/2013/may/30/uk-government-eu-migrant-benefits?INTCMP=SRCH


add:


But as this Government is proposing a wide ranging intrusion on British citizens rights without any evidence to justify it, I guess there is little chance that it will put up a case to the EU actually based on evidence to justify its xenophobia.

[maxk] 31/5/2013 09:24

Brussels orders us to pay benefits to foreigners with no long-term connection to Britain


By Daniel HannanPolitics
Last updated: May 31st, 2013





No need to be in the UK to claim child benefit

UKIP's breakthrough came when the party began to focus on immigration – specifically, on the fact that the United Kingdom, as an EU member, was obliged to open its borders to nationals from the other 26 members. For most British people, this is the single most objectionable aspect of our EU membership.

I am, I admit, in a minority here. I mean, obviously we should control our borders. But I'm not sure that grievance even makes it into my top five. There are just so many other Brussels abominations. For example, how about the fact that all our austerity savings are wiped out, more than twice over, by our annual contribution to the EU budget? How about the malicious regulations aimed at asphyxiating one of the few industries where we enjoy a global lead, namely financial services? How about the environmental and economic calamities of the Common Agricultural and Fisheries Policies? How about the primacy of EU over British law? How about the way the EU subverts democracy, not just in Brussels, but at national level – the phenomenon regular readers will know as its Hideous Strength? How about (and this is perhaps the most damaging of all) the fact that, while we are trapped behind the Common External Tariff, we cannot sign bilateral trade accords with those continents which are growing – which is to say every continent on Earth except Antarctica and Europe?

Here's the thing, though. None of those issues has achieved anything like the cut-through that immigration has. Which is what makes the EU's attempt to strike down our laws on eligibility to benefits for foreign nationals so disastrous from a Europhile point of view. People's sense of fairness is understandably outraged. Entitlement to social security is a privilege of nationality, and the ability to determine who can and can't claim is central to the sovereignty of a state. There is also a basic principle at stake, namely that you shouldn't be able to draw out of a pot that others have filled, but you have not. And, of course, people are angry at the way the EU seems to make up the rules as it goes along.

In consequence, virtually the whole of Britain is united in opposing the Commission. Iain Duncan Smith, the minister in charge, has vowed to fight the proposal every step of the way. UKIP, naturally enough, is saying "we told you so". But, equally, campaigners for EU membership, such as the Lib Dems and the think-tank Open Europe, are backing IDS.

I know a lot of people are pessimistic about carrying a referendum in favour of withdrawal. But don't underestimate the sheer oafishness of Eurocrats. Here is the Commission saying, in effect, "even foreigners who have no connection with the UK, and show no signs of looking for work, must be entitled to the same welfare regime as those who have contributed through tax and National Insurance." And we're expected to vote to remain in this organisation? Good luck with that one, messieurs.

[maxk] 31/5/2013 09:19

That would appear to be not the case leeds, indeed he seems to go out of his way to upset his natural (if he were a tory) supporters.

[pal44] 31/5/2013 09:18

ref Iain Duncan Smith jpeg .. Pink Shirt ,He dinks water and the glass is Half full says it all LOL

[leedskier] 31/5/2013 09:15

maxk, I rather hope Cameron has the brains to realise that appeasing those who will never vote labour is of much less importance than appeasing those who might!

[leedskier] 31/5/2013 09:13

The World Competitiveness Scoreboard 2013

UK is number 18!

Below nine other European countries, and a number of Middle and Far East countries including Singapore, the UAE, Taiwan and Malaysia.

http://www.imd.org/uupload/imd.website/wcc/scoreboard.pdf

[maxk] 31/5/2013 09:12

ids might have the knuckles, but has cameroon got the balls?

[portside1] 31/5/2013 09:06

one morning you will see these up over 100p on opening .

[portside1] 31/5/2013 09:05

rbs M/C 20B and will be making 6b profits next year what a gift have
been buying for weeks and over the moon
when I sell my vod will buy more .the M/C should be over 50b

[jazza] 31/5/2013 09:01

lmao!!

leedskier 31 May'13 - 08:55 - 110284 of 110284

He certainly has the knuckles maxk ;

[leedskier] 31/5/2013 09:00

End of the month sell off by the looks of it.

[leedskier] 31/5/2013 08:55

He certainly has the knuckles maxk ;

add:

Incidentally that decision if made by the ECJ would apply to a number of EU countries which require those resident for more than 3 months to actually demonstrate that can support themselves without recourse to public funds.

[maxk] 31/5/2013 08:25

A perfect example of Britain's EU problems
The decision to trigger legal action against the UK for restricting access to benefits for some foreign nationals has alienated politicians across the spectrum



Iain Duncan Smith, the Work and Pensions Secretary, has accused the European Commission of trying to 'water down' measures intended to protect the British taxpayer. 'I will not cave in,' he said Photo: Geoff Pugh



By Telegraph View
9:11PM BST 30 May 2013


The European Commission's decision to trigger legal action against the UK for restricting access to benefits for some foreign nationals could hardly be better designed to turn British public opinion against continued membership of the European Union. Given the febrile nature of the political debate in Britain, referring the policy to the European Court of Justice (ECJ) is a crass move on the part of those who wish to keep the EU intact. On the other hand, it does bring into sharp focus the key issue that needs to be resolved between now and a possible referendum – the lengths we are prepared to go to in order to repatriate some of our lost sovereignty.

The Commission says the UK's so-called "right to reside" test – which dictates the eligibility of EU migrants to claim benefits – is illegal because British citizens pass it automatically. Since it is the function of the ECJ to ensure the EU's rules are upheld, it will consider whether Britain is guilty of indirect discrimination for denying those from other member states access to welfare on the same basis.

The Government is determined to fight what will be a lengthy and complex case. Iain Duncan Smith, the Work and Pensions Secretary, accused the Commission of trying to "water down" measures intended to protect the British taxpayer. "I will not cave in," he said. His defiance is commendable. But since the ECJ has jurisdiction on matters of EU treaty law, the UK will have no option but to accept its ruling – or else pay a massive fine, or leave the EU altogether.


More fighting here:

[jazza] 31/5/2013 08:06

Illusory overshoot (due to distress) of the underlying drop didn't happen here, max.

We did have an underlying drop, as did the Americans.


I wish you'd read my posts properly, mate :)

[maxk] 31/5/2013 07:29

20-25% drop in house prices for hampshire isnt imaginary Jazz, it's real.

Recovering now, builders are going mad, new builds going up all over the place.

Cant think why.

[jazza] 31/5/2013 07:14

Good news over at LLOY - a big gain on a sale of their US mortgage assets.

Interesting how a reduction in the number (as a % of the total) of distressed sales can "flatter" average house prices - kick-starting the next property asset bull-run.

Given that those distressed sales are transacted below market price (creating a false market, skewed to the downside), the reduction in distress might seem to create an illusory bounce when, in fact, what us happening is that an illusory drag is being removed.

Of course, it won't happen here because the UK housing market never showed any real distress.."all" we have are low interest rates and a long-run dearth of supply..

;)

[leedskier] 31/5/2013 07:09

Yet again pick and mix the opening calls from different spread betting companies.

[leedskier] 31/5/2013 07:06

May 31, 2013, 2:41am

EUROPE is reining in its planned financial transactions tax (FTT), cutting back the level of the tax and limiting its scope dramatically after leaders realised it could do enormous damage to the economy.

http://www.cityam.com/article/eu-backs-down-finance-tax

[maxk] 31/5/2013 00:21

Ban bee's of course, what else?

[leedskier] 30/5/2013 23:20

Having the upset the US administration by threatening to pull out of the EU., the Government, now wishes to further isolate Britain with its proposal to vet the net, which as the leading US IT companies say is not only unworkable -- especially as they will refuse to cooperate -- but which if implemented would end Britain's claim to be a leading nation in the digital age.

On one point I agree with jazza: there are a too many knuckle draggers in Parliament, scarily they include some in the Cabinet.

If the reports of the British special forces and security involvement with one of those involved in the murder of the off duty soldier are correct, the notion that monitoring his email would have prevented that crime, when he was already on the security services radar, is laughable.

As the independent Queens Counsel who advises the Government on related matters commented recently: more have died from bee stings than terrorism in Britain. I wonder what plans May has for them?