Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

Chancellor ready to give 'long overdue' boost to AIM
2:47 pm by John Harrington The move could give a shot in the arm to AIM, which houses many of Britain’s most innovative and entrepreneurial companies.

The Chancellor of the Exchequer, George Osborne, is pondering a move which could give a boost to companies on AIM, Britain’s junior stock market.

In his Autumn Statement on Wednesday, Osborne said he will be consulting on a change to the rules of ISAs (individual savings accounts) to see whether AIM-listed companies could be included in equity ISAs.

The move could give a shot in the arm to AIM (LON:LSE), which houses many of Britain’s most innovative and entrepreneurial companies.

Matt Butlin, head of Equities at Allenby Capital, a broker with a focus on AIM-listed companies, welcomed the move, saying it was “long overdue” and should “give a boost to liquidity”.

The broker’s most recent monthly review of AIM showed the market contracted further in terms of members, with five new entrants and 10 departures in October.

On a brighter note, £253mln in capital was raised on AIM in October, the highest monthly total since March of this year.

In a widely expected move, the chancellor also confirmed he is consulting on tax incentives for shale gas exploration.

The government intends to set up an Office for Unconventional Gas to ensure the UK makes best use of its natural gas resources.

‘The government’s gas generation strategy will set out its view of the expected role for gas in the coming years. The government expects up to 26 gigawatts of new gas capacity could be required by 2030 on current carbon budgets,” Osborne said.

In other moves, the chancellor gave plenty of choices for headline writers to pick over, among them a tax grab on pensions, a cut in corporation tax and an initiative to ensure multi-national corporations pay more tax on their UK earnings.

Osborne ruled out a new tax on properties, which he said would be expensive to run and an irresistible temptation to future chancellors to pull more houses into the tax net.

Although it will likely be reported as a raid on pensions, Osborne’s decision to cut annual tax relief on pensions to £40,000 from £50,000 is not so much a pensions grab as a reduction in the tax-man’s largesse towards high earners.

The chancellor announced his intention to cut UK corporation tax by one percentage point to 21% from April, enabling him to trot out the old “Britain is open for business” cliché while publicising how low Britain’s rate is compared to numerous key competitors.

The pledge to ensure multi-national companies “pay their fair share” of taxes in this country, with the chancellor targeting an extra £2bn a year in revenues, will probably play well, as will the decision to cancel the 3p per litre rise in petrol duty planned for January.

Both measures may distract attention from the widely expected downgrades to forecasts of economic growth.

The statement confirmed that the Office for Budgetary Responsibility (OBR) has cut its forecasts for economic growth – or contraction, as it is set to be in 2012. The OBR is predicting UK gross domestic product (GDP) will fall 0.1% across 2012.

The OBR’s forecasts for GDP growth are: +1.2% in 2013; +2% in 2014; +2.3% in 2015; +2.7% in 2016; +2.8% in 2017.

Osborne said he will meet his target of cutting he burden of public debt, only the new target date is 2016, not “the end of the current life of its parliament,” i.e. 2015, which was the previous target date.

No you mean extremist.

dream lets hope we get it picking the right aim could be very good .
i like a few .

doodle,

You must be from another planet.

Osborne is gambling and stoking up problems for the coalition just before the next elections.

Wait for Economic figures in the next quarter.

Am I missing something on the Isa Announcement - Is there not going to be a lot of tax lost for the country ? More like someone posted earlier, its to save the dwindling aim market by enticing investors.

it all depends what you buy i have 4 good ones to dip isa in .
that 23k for me and the wife .

fred he should of cut benefits by 10% today that is the problem he is to much of a wimp cut the benefits today .

You will have people on the streets then, will you not ? Be serious its no good saying
its their fault.

Fred, yes I just arrived from Pluto and I thought Goofy could have done a better job than Balls today.

Balls is Labour, they are never wrong with Fred :-))

the lazy dossers have had it to good .
why should good people have to get to work spend at least 10 hours aday away from home and the lazy bastards have for years done nothing.
it is time after 12 months give them vouchers for charity shops and vouchers for food parcels .then see how many find a job.

Leave Cameron, Osborne and Johnson out of this -):

Dreams,

There are none so blind as those who don't wish to see.

Have a look at some of my earlier postings.

-------------------

Some of those living on social benefits may be defrauding the state, but many are not and many are barely subsiding on the "handouts".

There are many sitting on their arses pressing buttons on money they have not earned for themselves and living comfortably.

Also some who while earning "decent" incomes are defrauding the state.

------------------------------

i would prefer to live in a society comfortable with itself, rather than one where you have to look the other way or fearful. That is a more equitable society with decent or humane social standards.

-----------------------------

I often wished I could look around corners at the future, rather than guess at them.

I think Ed Balls is proving right in his economic projections and Osborne and Cameron will be proved wrong and disasters.

I hope I am wrong.

A good autumn statement. It was not surprising that economic activity is slower than predicted as the EU as a whole is currently in recession. We still have one of the best credit ratings so debt repayment is lower than it would be under the very silly party. Ed Balls was terrible. I noticed that he was criticised heavily by the TV commentators for his poor delivery and lots of mistakes. You would have thought that he would have done his homework a bit better. As regards a mark for homework and contribution in class he deserves 2 out of 10. A comment of, "could do better" does not seem appropriate as it is unlikely that he could do better.

Ed Balls says Osborne is 'drowning, not wavering' after autumn statement

http://www.guardian.co.uk/uk/2012/dec/05/ed-balls-osborne-autumn-statement

The eyes says it all, from the twit sat down. What a balls up!!!!!!!!


Osborne turned on Balls after the shadow chancellor opened his speech by mistakenly claiming that the national deficit was not rising. "The national deficit is not rising … is rising, is not falling," Balls said





Ed Balls says Osborne is 'drowning, not wavering' after autumn statement


http://www.guardian.co.uk/uk/2012/dec/05/ed-balls-osborne-autumn-statement

fred people have been on benefits all there lives whole familys
and girls breeding like rats to get more benefits
if the system was not altered . in your view we may well all join them
then what why should they live there whole lives on hand outs
having kids and living off having them
the free ticket to a life of living off the tax payer as got to end .
put them on the local council and give them jobs for there benefits
after 12 months cleaning the local area and doing gardens for the pensioners who can not do it .
time for a big change .and no more sleeping all day making babys for a living
family allowance for two only to start from today .

ed balls is a clown the labour party fcuked the uk .

And another Balls up :-)) -

Osborne turned on Balls after the shadow chancellor opened his speech by mistakenly claiming that the national deficit was not rising. "The national deficit is not rising … is rising, is not falling," Balls said. As Tory MPs jeered he corrected himself to say: "I'll say it again. Our economy is contracting this year. Government borrowing and the deficit is revised up this year, next year and every year and the national debt is rising, not falling."

Ed balls you may not have any soon, or will your head be on the chopping board ?

Your leader looks none to impressed. :-))