Royal Bank Of Scotland Share Discussion Threads

[blusteradjuster] 26/10/2017 11:24

Leeds,

That’s true.

However, it’s not just the old that have reason to worry. How do young deliveroo riders afford to buy houses?

There’s little sense of “Britishness” when different demographics fixate only on their own issues.

[leedskier] 26/10/2017 11:23

And that would represent savings maxk. The cost of nursing homes is horrendous.

[gcom2] 26/10/2017 11:22

shocking.and what will the toilet arrangement be

[leedskier] 26/10/2017 11:10

blusteradjuster the Uk has created this situation by not having separate and ring fenced provision for State pensions and Care.

Instead however the money paid in is labelled it all goes into the same pot and current liabilities are paid out of the same pot.

[gcom2] 26/10/2017 10:59

will this do a barclays style crash tomorrow

[blusteradjuster] 26/10/2017 10:45

That’s what has always bemused me about the EU and Brexit.

“Ruled” (what does that even mean?) by whom?

If we maintain close social and conomic ties, we’ll end up doing a lot of things “their way” without having any obvious influence over what “their way” is.


I see far bigger issues that the U.K. should concentrate on (but isn’t).

Two that spring to mind are:

- demographics and dependency ratio - how do we fund pensions/late-life care?
- automation and AI - how do we keep people working other than in the gig economy?



Rise of the robots

Lord Turner noted certain sectors such as manufacturing, retail and logistics have managed to improve productivity through automation, replacing human workers with robots. But those workers displaced by technological change have ended up in low paid jobs - Deliveroo cyclists working in the gig economy, for example.

"I think paradoxically that we should expect to see in a world of huge automation the continued proliferation of low paid, low tech jobs," Lord Turner said.

"We are going to have to face as a society the question of how do we make sure that people have a good enough standard of living to be equal citizens of society even if the wages they get will be relatively lower?"

[grahamite2] 26/10/2017 10:38

We too were founder members of EFTA, I think. We had a set of stamps commemorating it.

[leedskier] 26/10/2017 10:34

Although the Kingdom of Norway is not a member state of the European Union (EU), it is closely associated with the Union through its membership in the European Economic Area (EEA), by virtue of being a founding member of the European Free Trade Association (EFTA), one of the historically two dominant western European trade blocs. Norway was twice formally invited to join the European Community and the European Union, but opted to decline following referenda in 1972 and 1994.

[leedskier] 26/10/2017 10:31

Norway is not ruled by the EU.

[leedskier] 26/10/2017 10:30

Not in my book.

[grahamite2] 26/10/2017 10:26

Does retaining close social and economic ties with continental Europe necessarily involve being ruled by them?

Just asking'.

[leedskier] 26/10/2017 09:15

BARC looks like it could shed 10%.

183.20 -13.80 (-7.01%)
Real-time: 9:14AM BST

[leedskier] 26/10/2017 09:13

This may cause a further fall in the £ against the Euro.




All eyes are on the ECB this morning where President Mario Draghi and the Governing Council are expected to unveil their plan to unwind the central bank's huge quantitative easing programme, a major policy shift in Frankfurt.

The eurozone has been hooked up to €60bn-a-month of monetary life support but the currency bloc’s strengthening recovery and easing fears over weak inflation have made the stimulus increasingly unnecessary.

The pace and timing of the tapering is likely to be the focal point for the markets with analysts expecting a slow unwinding beginning in January for an initial nine-month period.

[leedskier] 26/10/2017 09:06

BARC now 6% off.

[leedskier] 26/10/2017 08:49

FTSE 100 7,454.05 0.09%
Financials 0.66%
BARC 186.35 -5.41%




Real-time: 8:49am BST

[leedskier] 26/10/2017 08:46

Yes ... guilty as charged.

To paraphrase Churchill

Selmayr knows that he will have to break us in this island or lose control of the EU. If we can stand up to him, all Europe may be freed and the life of the world may move forward into broad, sunlit uplands.

[blusteradjuster] 26/10/2017 08:42

Did someone mention ze var?


Think they got away with it..

[leedskier] 26/10/2017 08:39

Debenhams' reported pre-tax profits fell by 44.2% to £59.0m in the 52 weeks to 2 Sep but the group said it made good progress in setting the foundations for its new strategy, Debenhams Redesigned.

Underlying pre-tax profits of £95.2m were down by 16.6% and group EBITDA fell 7.0% to £217.0m.

[leedskier] 26/10/2017 08:23

Exactly. The problem is that history shows that that outcome is all the more likely if the UK leaves.

[maxk] 26/10/2017 08:19

An elaborate façade leeds.


United Peaceful Europe = Fourth Reich in all but name.

[leedskier] 26/10/2017 08:19

FTSE 100 7,449.18 0.03%
Financials 0.66%
BARC 186.60 -5.28%

[leedskier] 26/10/2017 08:14

I have a vague memory that BARC was trading above its current share price in 2009. Mind you so was RBS.

[leedskier] 26/10/2017 08:12

Barclays (BARC)
187.95
-9.05 (-4.59%)

[leedskier] 26/10/2017 08:10

BARC still searching for a floor. Off more than 4% now.