Royal Bank Of Scotland Share Discussion Threads

[smurfy2001] 24/11/2016 17:24

Don't see anything on the FT website.

[polar fox] 24/11/2016 17:22

Shareholders should probably be quaking in their boots - regarding the size of the MBS fine, that is. These straplines are currently on the FT's website:

Sessions set to show his steel on white-collar crime

US attorney-general nominee is likely to take tough stance on corporate offenders

Unquote

[leedskier] 24/11/2016 12:07

Families face a worse squeeze on their living standards over the next five years than they suffered in the wake of the financial crisis, as Brexit slows the economy and Conservative welfare cuts bite, according to a new report.

Analysis of Wednesday’s autumn statement by the Resolution Foundation thinktank suggests average earnings are set to grow only half as rapidly as in the austerity years after the economic crisis. At the same time, living standards will be undermined by higher inflation and ongoing welfare cuts.



-----

Lord Willetts, as he now is, until 2015, Tory MP and Treasury Minister and now amongst other things, Ex Chairman of the Resolution Foundation thinktank ...

[leedskier] 24/11/2016 10:01

The FX market is helping. £ = €1.1777. Highest for some weeks.

[maxk] 24/11/2016 08:46

What else?

[leedskier] 24/11/2016 08:43

Your daily non sequitur?

[maxk] 24/11/2016 08:33

A smorgasbord of lefty angst.

[gcom2] 24/11/2016 08:21

Thomson is still leading the vendee even with a broken foil,well done him.

[leedskier] 24/11/2016 07:57

This could help those hoping to buy at some future date.


Countrywide warns of falling demand

The UK's largest estate agent group has reported a fall in demand due to changes in stamp duty and uncertainty around the EU referendum.

In a trading update, Countrywide said transaction volumes in 2016 were likely to be 6% lower than in 2015, adding: "While too early to say definitively, it is likely that the level of market transactions in 2017 will be lower than 2016."

The firm said challenging trading conditions had meant Bank of England mortgage approvals in the third quarter of 2016 were down 12% on last year.

The lettings market was also affected by the rush to beat the changes in stamp duty at the end of the first quarter, "resulting in a larger than usual supply of rental properties" and "slowing rental growth".

Total group revenue for the nine months ended 30 September 2016 was £558.7m compared with £535.7m in the same period last year.

[leedskier] 23/11/2016 17:12

It is Thanks Giving day in the US tomorrow.

[leedskier] 23/11/2016 15:39

Those who are quick will have noted that Philip Hammond's Autumn Statement was a move firmly to the left, not the right. A One Nation Budget.

Tough on poverty and tough on the causes of poverty. Including:

Subsidies for affordable house building.

Outlawing racketeering by those renting out properties by stopping them transferring their estate agents charges to those those renting.

Increasing the tax free threshold and income support for those in work.

Pegging fuel duty.

Reversing some of Osborne's welfare cuts.

add

Increasing the minimum wage.

[avatar333] 23/11/2016 15:10

I'll tell you what does need to happen to the House of Lords, pronto:

Mrs May needs to get more of her own in there, to counterbalance the ludicrous amount of Liberal Democrat do gooders that inhabit the place.

[maxk] 23/11/2016 15:04

If they could get Farage on side, a Lairdship would be just the ticket.


He is on nodding terms with The Donald

Knows his way around the €uro snake pit

Is universally hated by the €uroballs posse (so should get right up their noses :-))

Would show May is serious: Sends lots of signals



Of course, it's a pipe dream .. far too logical for the denizens of Westminster.

[avatar333] 23/11/2016 14:46

145217

Hear, hear!

;

[avatar333] 23/11/2016 14:45

145216

Duly noted.

[leedskier] 23/11/2016 13:51

It is a peerage he needs if he is to speak in the House of Lords.

[gcom2] 23/11/2016 13:37

Farage is a legend get him knighted asap

[largeronald] 23/11/2016 11:49

145209

Not my words - just repeating how the founder of ukip refers to, as you put it, good old Nigel.

[careful] 23/11/2016 10:54

very funny.
did you know that the £ stirling is so called because it was originally the same value as 1 pound of stirling silver?

[careful] 23/11/2016 10:48

interesting posts on EU trade above.

We export 55% of our exports to the E.U.
they export collectively 8% of theirs to us.