Royal Bank Of Scotland Share Discussion Threads

[leedskier] 18/10/2017 08:01

7,533.34 +17.17 (0.23%)

274.70 +1.30 (0.48%)

[leedskier] 18/10/2017 07:41

The UK's booming investment industry does not require EU membership to keep motoring, the head of the Financial Conduct Authority has said.

The City has a "well established" model of cross-border cooperation, which needs no intervention as a result of Brexit, Andrew Bailey said during the annual Investment Association dinner at Mansion House tonight

"Let’s not beat about the bush, this model works – it works well for investors and for investment managers. So, why disrupt it, or put another way, must it be disrupted?" he asked. "What we have done is to help to put into effect, with firms, a system that serves the public interest. Does it require membership of the EU to make this system work? No it does not."

[leedskier] 18/10/2017 06:57

France and Germany risk starting a new financial crisis if they try to use Brexit to dismantle the London-based heart of the global economy “just to make a political point,” one of the City’s most senior figures has warned.

Xavier Rolet, chief executive of the London Stock Exchange Group, says European leaders who demanded tighter global regulation after the 2008 financial crisis are now threatening to “fragment” those same standards to punish Britain for Brexit.

[leedskier] 18/10/2017 06:52

David Buik‏
@truemagic68

European opening calls update courtesy of CMC MARKETS - FTSE100 +22 at 7,538, DAX +20 at 13,015, CAC40 +3 at 5,364, IBEX +20 at 10,236

[dbesim1] 17/10/2017 19:59

Scottish government is set to refuse consent for the Brexit bill over power grab.

[dope007] 17/10/2017 14:47

And debt cfc1

[cfc1] 17/10/2017 11:49

wonder where all the other EU nations are in terms of growth but more importantly GDP!!! we all know that the rest are worth the same as the Island of Man LOL!

[dope007] 17/10/2017 11:17

A government and an opposition Leeds. A total shambles and nightmare

[leedskier] 17/10/2017 10:40

CPI hits 3%.



Why Brexit vote has driven inflation up

It’s clear that the slump in the pound after last year’s EU referendum is the main factor driving UK inflation up.

These charts show how the cost of goods has spiked over the last year. Britain is a net importer of actual stuff, so a weaker pound means it’s simply more expensive to bring raw materials and finished products into the country.

[cfc1] 17/10/2017 09:22

wonder when we will get news of the DoJ fine? must in advanced stages by now.

[leedskier] 17/10/2017 08:06

274.50 +0.40 (0.15%)

7,524.15 -2.82 (-0.04%)

[leedskier] 17/10/2017 07:29

The latest CPI, PPI, RPI and HPI numbers are all due at 9.30am this morning, which could potentially trigger the widely expected underlying base rate hike from the Bank of England in November.

[leedskier] 17/10/2017 07:01

David Buik‏
@truemagic68

European opening update courtesy of CMC MARKETS - FTSE100 +11 @ 7,538, DAX unchanged @ 13,003, CAC40 +7 at 5,369, IBEX unchanged @ 10,181

[blusteradjuster] 16/10/2017 21:24

Leeds,

Agreed - Grayling is embarrassingly incompetent.

May (or someone, anyone!) should get rid if the TP want to project a better image.

[blusteradjuster] 16/10/2017 21:21

And just like that, £490bn is explained away as nothing..

Forget end-2014 (cherry-pickers), what were the net liabilities last quarter?




“UK is £490bn poorer" a classic example of danger of misinterpreting balance sheet headlines. Q2 revision is just 2.3% of total UK assets & liabilities (£21.4tn). Not transformative for Sterling/ Gilts outlook. Net liabilities (£101bn) actually four times lower than in Q4 2014

[chiefbrody] 16/10/2017 21:11

And why are they so heavily dependent on cheap EU labour.Because millions of Brits think the welfare state is a job.And if our population wasn't so ridiculously high, we wouldn't need to grow so much food!

[leedskier] 16/10/2017 20:58

In my lifetime there has never been a Government so bereft of talent as this one.

Grayling could not run a laundrette.

Now he spouts that British farmers will be able to man up and grow more fruit and veg.

If it was so easy, they would be doing it now.

Add to which they are heavily dependent on cheap EU labour. Who will replace them?

Old Age pensioners?

[maxk] 16/10/2017 15:20

This sounds like a good wheeze, something Corby might dream up to cook the books.

[leedskier] 16/10/2017 14:30

Simon French‏
@shjfrench


"UK is £490bn poorer" a classic example of danger of misinterpreting balance sheet headlines. Q2 revision is just 2.3% of total UK assets & liabilities (£21.4tn). Not transformative for Sterling/ Gilts outlook. Net liabilities (£101bn) actually four times lower than in Q4 2014

[leedskier] 16/10/2017 13:43

Empire State Manufacturing Index rockets up.

See the FTSE chart when the news appeared.

[ramco] 16/10/2017 13:23

saw a program recently on the pitential devastating effects of brexit on joint endeavours with the EU partners on the Uk's space and nuclear technology industries...the people being interviewed appeared to offer a very bleak outlook and in their view the govt. had not considered or even understood the ramifications involved...