Royal Bank Of Scotland Share Discussion Threads

[grahamite2] 19/10/2017 08:42

This has gone up quite nicely since I sold. Well done, chaps!

[leedskier] 19/10/2017 08:20

So there we have it in black & white, writ large across the English press and it is exactly what we had long suspected.

Merkel is personally running the EU end of the brexit negotiations, or rather the non-negotiations.

Juncker and Barnier are just her puppets on a string.

Time to send over the Lancaster bombers, there is clearly unfinished business in Berlin.

---

The German chancellor, Angela Merkel, will lead European leaders in Brussels on Thursday in seeking to put the best gloss on their refusal to widen the talks, according to diplomatic sources. “There are ways to say it kindly and encouragingly or less kindly and less encouraging,” said one senior EU diplomat.

[leedskier] 19/10/2017 06:38

David Buik‏
@truemagic68

European opening calls update courtesy of CMC MARKETS - FTSE100 -6 at 7,537, DAX +3 at 13,046, CAC40 -6 at 5,377, IBEX -8 at 10,265

[maxk] 18/10/2017 20:17

He must have well baffled the politico's.

But he seems to be changing his tune, at one time it was all doom and gloom for us.

[leedskier] 18/10/2017 18:54

,axk

I actually watched Carney yesterday live on the BBC Parliament channel.

At the end of it I decided that Carney has a very high intellect and is fully on top of his game.

Every single question asked he was able to answer clearly and concisely without recourse to documents..

[smurfy2001] 18/10/2017 18:18

Barc Market cap 32.61bn (generates a profit and pays a dividend)
RBS Market cap 32.70bn (loss generating for 10 years and pays no dividend)

[maxk] 18/10/2017 18:10

h/t to pete on the gold thread for this:

[dbesim1] 18/10/2017 18:07

No one understand UK position on Brexit, says Irish premier.

[leedskier] 18/10/2017 16:21

pick & mix the headlines


Government's flagship Brexit Bill 'faces weeks of delays' over fears Tory rebels could vote against it


Brexit plan 'in paralysis', with ministers set to delay EU withdrawal bill


Brexit chaos as Government shelves key bill over fear of Commons humiliation

[leedskier] 18/10/2017 14:09

277.20 +3.80 (1.39%)

[leedskier] 18/10/2017 09:51

It is hard to challenge this view




With inflation now at 3%, a 2.1% per year pay rise simply isn’t enough, says the TUC’s general secretary Frances O’Grady:

“Pay packets are taking a hammering. This is the sixth month in a row that prices have risen faster than wages.

“Britain desperately needs a pay rise. Working people are earning less today (in real-terms) than a decade ago.

“The Chancellor must help struggling families when he gives his Budget next month. This means ditching the artificial pay restrictions on nurses, midwives and other public sector workers. And investing in jobs that people can live on.”

[leedskier] 18/10/2017 09:42

Notwithstanding the social discord the disparity between earnings and inflation in the UK -- though that may be linked to higher import costs caused by the falling £, Draghi is still pumping out the message that the Eurozone needs reform of its labour market, which is a nice way of saying that job security should be ditched and be replaced by a more flexible system of hiring and firing.

[leedskier] 18/10/2017 09:36

Breaking! Wage growth across the UK is still lagging behind inflation, even though the unemployment rate remains at its lowest level in 42-years.

Average earnings, excluding bonuses, rose by 2.1% per year in the three months to August.

Including bonuses, wages rose by 2.2% -- up from 2.1% a month ago.

That means that real wages are still shrinking -- inflation was 2.6% in July (the mid-point of the quarter), and jumped to 3% in September.

The Office for National Statistics also reports that Britain’s unemployment rate remained at 4.3%, the lowest since 1975, thanks to another drop in the number of people out of work.

[leedskier] 18/10/2017 09:31

Earnings rise by 2.2%. Strangely the £ jumped on that.

[leedskier] 18/10/2017 09:28

I think it translates as a consequence -- at least in part -- of motivated and flexible young EU migrants willing to work in the UK on any terms.

Throw in the breakdown of traditional heavily unionised semi skilled jobs and a ticking time bomb was created.

The referendum lit the blue touch paper.

[maxk] 18/10/2017 09:10

Would that translate into too many people chasing too few jobs leeds?

[leedskier] 18/10/2017 09:00

maxk it is the impact of the gig economy on wages which are failing to keep pace.

[leedskier] 18/10/2017 08:51

FTSE 100 7,537.80 0.29%
Financials 0.66%
RBS 273.70 0.11%

[maxk] 18/10/2017 08:48

10 year inflation figs:





What is the hue and cry about?

[leedskier] 18/10/2017 08:20

live spot price of Brent Crude $58.28.

[leedskier] 18/10/2017 08:18

9:30am

GBP Average Earnings Index 3m/y

GBP Claimant Count Change

GBP Unemployment Rate

[leedskier] 18/10/2017 08:16

273.00 -0.40 (-0.15%)

[leedskier] 18/10/2017 08:12

U.S. authorities filed fraud charges against London-based Rio, former Chief Executive Officer Tom Albanese and ex-Chief Financial Officer Guy Elliott, claiming they inflated the value of the coal assets acquired in 2011. The unit was sold for $50 million in 2014 following impairments of about $2.9 billion in 2013 and $470 million a year later.

[leedskier] 18/10/2017 08:01

7,533.34 +17.17 (0.23%)

274.70 +1.30 (0.48%)