VIDEO
It's Already a Disaster
"What is it with socialist and starving?"
Lotus Eaters Daily |
Attacks against farmers seem to be occurring everywhere simultaneously
Canada
Holland
UK
Clearly not "a coincidence" |
'My family farm has thrived for 100 years - but won't survive Rachel Reeves betrayal'
Farmers have been hit by changes to both agricultural property relief and business property relief at Labour's October budget.
A fourth generation farmer who risks losing his family’s nearly 100-year-old farm because of Rachel Reeves’ inheritance tax raid has slammed her decision as a “betrayal”.
Tom Walton’s dream is to eventually pass £5million Church Farm, in Aylesbury, Buckinghamshire, to his son or daughter who is set to be born in June this year. |
Finally some common sense, we really need this in the UK! |
VIDEO
From 'Drill Baby Drill' to emergency on US border, President Trump's executive orders for day 1 |
we have an empire ??? |
In any society where you have abject poverty, homelessness, food banks etc and a broken national infrastructure but at the same time have numerous billionaires then there's something FAR wrong with said society.
People simply don't become that wealthy through "hard work" or "a bit of luck", it's simply a fundamental flaw in the setup of the society in question which transfers the wealth from the many to the few and in reality terms makes no economic sense.
Call it greed, call it corruption, call it what you may, however it simply shouldn't EVER have been allowed to happen and the sad thing is that it's only becoming worse.
The clock is ticking, I might not see it in my lifetime but like every period of history and every empire, eventually this one will also fall like the others.... |
Lakeside
" however the super rich need to start paying their way before we completely turn the UK into a banana republic."
How much is paying their way?
They already pay a shed load.
And what is rich? |
 Tesco (TSCO) said it had delivered its highest market share in the UK since 2016 as food volume growth underpinned what the UK's biggest supermarket called "our biggest ever Christmas". Like-for-like (LFL) retail sales rose 4.1 per cent in the UK over the six weeks to 4 January, with food volume growth supported by a cheaper Christmas dinner offering and double-digit growth for Finest, the grocer's premium range. Although the performance compared with a UK sales uplift of 6.8 per cent for the previous Christmas, the lower-inflation context is key. Tesco's UK market share reached 28.5 per cent over the 12 weeks to 29 December, according to data provider Kantar. Its growth of 0.8 per cent was the biggest share gain among the supermarkets. Rival J Sainsbury's (SBRY) share rose to 16 per cent. A strong Christmas for UK supermarkets was highlighted by Kantar, which said that UK household spending on take-home groceries reached a record average of £460 over the key festive trading period. Over the 19 weeks to 4 January, Tesco's overall LFL retail sales rose 3.1 per cent as store trading came in ahead of market expectations. However, sales at wholesaler Booker fell 1.3 per cent on tobacco and fast-food market softness. Despite the market share boost, there were no changes to the annual guidance from the interim results in October. Given the rising cost environment and the additional 28,000 workers brought in for the Christmas period, this wasn't a surprise. Management still expects retail adjusted operating profit of around £2.9bn and retail free cash flow of £1.4bn-£1.8bn for the year. It also forecasts an adjusted operating profit contribution of £120mn from the insurance and money services parts of Tesco Bank that haven't been sold off. Tesco trades on 13 times forward consensus earnings and offers a dividend yield of 3.4 per cent. |
Tesco share price going south soon as consumers face increased taxes and no hope economic woes . |
Retailers face an increase in business rates in April |
Tesco and Sainsbury’s: How the two grocery giants won Christmas. |
Phil
More taxes coming in Spring budget surely! |
Jefferies raises Tesco price target to 410 (400) pence - 'buy' |
Chart support should be good at 340p unless Reeves comes up with more brilliant ideas ,then all bets are off. |
Seem to have fared better than Marks and Spencer's at any rate today. |
Shore Capital maintained a 'buy' rating on Tesco after a "decent" trading update from the supermarket group, saying the retailer is well-placed to benefit despite a tough consumer backdrop.
Tesco's share price dipped in morning trade despite the company reporting that sales growth picked up from 2.8% in the third quarter to 3.8% over the Christmas trading period, which Shore Capital said was a "little ahead of consensus".
However, as the broker highlighted, despite a strong top-line performance, full-year profit guidance was unchanged - possibly as a result of additional investments such a 28,000-person increase in seasonal store staff.
"For a worried British shopper, even with rising living standards but hearing news of economic challenges, including rising gilt yields and the potential for tax rises, Tesco is showing that it is on their side, which means that it has probably foregone some scope to beat current market expectations to support ongoing earnings and cash flows," Shore Capital said.
Nevertheless, heading into Thursday's update, the broker said it was not expecting any upgrades to guidance, and that it continues to like the underlying strength of the business.
"Tesco is well set to face into the challenging UK consumer economy, where sentiment is rather weak and forthcoming cost pressures evident. We like the ongoing investment thesis of a cash compounder albeit sentiment and momentum are a little sideways today, but the stock could be a notable relative winner as matters unfold," Shore Capital said
Sharecast.com |
 Shore Capital maintained a 'buy' rating on Tesco after a "decent" trading update from the supermarket group, saying the retailer is well-placed to benefit despite a tough consumer backdrop.
Tesco's share price dipped in morning trade despite the company reporting that sales growth picked up from 2.8% in the third quarter to 3.8% over the Christmas trading period, which Shore Capital said was a "little ahead of consensus".
However, as the broker highlighted, despite a strong top-line performance, full-year profit guidance was unchanged - possibly as a result of additional investments such a 28,000-person increase in seasonal store staff.
"For a worried British shopper, even with rising living standards but hearing news of economic challenges, including rising gilt yields and the potential for tax rises, Tesco is showing that it is on their side, which means that it has probably foregone some scope to beat current market expectations to support ongoing earnings and cash flows," Shore Capital said.
Nevertheless, heading into Thursday's update, the broker said it was not expecting any upgrades to guidance, and that it continues to like the underlying strength of the business.
"Tesco is well set to face into the challenging UK consumer economy, where sentiment is rather weak and forthcoming cost pressures evident. We like the ongoing investment thesis of a cash compounder albeit sentiment and momentum are a little sideways today, but the stock could be a notable relative winner as matters unfold," Shore Capital said. |
Strong TSCO performance compared to the rest of retail. |
Yes a positive Christmas period / Q3 so onwards and upwards hopefully.
No doubt some brokers may find reason to knock it but for me this remains a great buy and hold in the consumer staples sector.
Good luck all 👍🏻 |
Good up date xmas trading up 3.7 % |
Britain's M&S Had Strong Christmas For Food, Says NIQ
British retailer Marks & Spencer's food business enjoyed robust trading in the run-up to Christmas with sales up 6.8% in the four weeks to 28 December and its market share rising to a record 4.8%, industry data showed on Wednesday.
Market researcher NIQ said M&S was the UK's second-fastest growing bricks-and-mortar food retailer after discounter Lidl, whose sales rose by 8.5%. |
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