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.

Proving to be right BILL on % rates. June 2014 my expectation..............

UK borrowing rates rise sharply

DAVY VIEW
With forward guidance something of a damp squib thus far, further good news on the UK economy today may reinforce the view that interest rates will rise before the MPC expects in 2016. The 10-year gilt yield rose above 3% yesterday for the first time since 2011, helped by the move in treasuries after better-than-expected US data, with markets expecting an interest rate rise by 2015.

Markets expect rate rise by 2015
With forward guidance something of a damp squib thus far, further good news on the economy today may reinforce the view that interest rates will rise before the MPC expects in 2016. Halifax house prices are expected to have risen 0.9% in July, with the annual growth rate surging to 4.6%. The 10-year gilt yield rose above 3% yesterday for the first time since 2011, helped by the move in treasuries after better-than-expected US data.

With markets expecting a rate rise by 2015, Carney now faces an uphill battle to quell expectations. Last week, we discussed the current slack in the labour market and relatively low levels of productivity in the UK. Since 2008, labour productivity has declined by 4.5% in the UK compared to a 0.3% rise in the euro-zone. The anomaly of employment rising through 2012 while output actually fell exacerbated the loss of productivity over that period. The MPC has banked on firms ramping up productivity rather than hiring more workers in formulating its conservative unemployment expectations. This is a sound assumption, particularly with 27% of the workforce currently in part-time positions. So unemployment may not fall below the 7% threshold before 2016, but inflation could outdo expectations.

Carney's explicit statement on the unemployment threshold 'knockouts' was well intentioned but has provided a boon to those who expect rates to rise before 2016 as the economy picks up. That 'knockout' is that the MPC will disregard the unemployment threshold if inflation is expected remain more than 0.5 percentage point above target in the medium term. The MPC has built in flexibility to its medium-term outlook with an 18- 24 month range for inflation expectations, but the governor may have been minded to follow President Draghi's 'less is more' approach to forward guidance.

hays - it was such a pleasure to miss all the drivel, on which i normally far too much time

Welcome back Cynic.. again -): whens you next Hol. then?

depends on whether or not you think dubai on biz is hol : -)

Ohhhhhhhhhhh is Ben back.

Lot of trap clap will come back to the thread then.

Bill and Little Weed will be pleased.

Can we EVER trust Camoron and Osbourne.......

*U.K. EXPORTS FALL 7.6%; IMPORTS DECLINE 1%

Mike hewson from CMC markets.........

Michael Hewson ‏@michaelhewson 8m
Massive disconnect between PMI's and ONS data - discuss?

@michaelhewson Mike did the Chancellor know?....

http://www.investmentweek.co.uk/investment-week/news/2293082/osborne-urges-caution-on-uk-economic-recovery

Lies lies and more dammed lies.

Green shoots of recovery my ass.

And their was Camoron on wednesday at PMQs boasting and using growth as a propaganda weapon.

Time he was called in. he should stand down.

Telegraph Finance ‏@TeleFinance 1m

Trade deficit widens to £3bn in July - worst reading since Oct 2012. Non-Eu exports fell 16pc - biggest monthly fall since Jan 2009.........ends.

SO just what are people in these so called new jobs doing, you know the ones Dave and Giddeon keep boasting about??.

Twiddling their thumbs all day.!!!!!!!!!!

remember CON stands for con merchants.

if the muslim world wants to kill each other then leave them to it .
we should not get involved they will only stab you in the back in the dark theUSA start all these problems and wars by attacking IRAQ sadam was doing a great job
and now proven he was a great leader

Cameron and is puppet now want to give millions more in aid to the muslim terrorists
in SYRIA it is insane people in this country are having go without losing their homes going to food banks . it time for action against these fcuking idiots stop all overseas aid

putin is the only sain leader by the looks of things

the USA think they are the worlds TERMINATOR and have the right to kill people at the press of a button .the ARAB LEAGUE have the power to stop the war but will not
if these so call religious muslim leaders speak out the peasants will listen and bow down like sheep so why are they silent ?

Wonder where Bill aka haystack is.

Probably in hiding after all before I filtered him he was boasting about how things were getting better.!!!!!!!!

Mind he is a blue blooded Tory, I suppose hes been lied to just like everyone else.

Cameron is only interested in one person himself . yes he should go .
as a bloody liar

I'm a tory as well, the real problem is Big Dave is not!

http://www.bbc.co.uk/news/uk-23983036

Cameron Reportedly Snubbed By Putin Aide, Dmitry Peskov Calls Britain 'Just A Small Island'
The Huffington Post UK | By Paul Vale
Posted: 05/09/2013 20:44 BST | Updated: 06/09/2013 02:45 BST

http://www.huffingtonpost.co.uk/2013/09/05/cameron-putin-aide_n_3875435.html?utm_hp_ref=uk&utm_source=buffer&utm_campaign=Buffer&utm_content=buffer24d5b&utm_medium=twitter

attacking IRAQ was the biggest mistake in history sadam was a great world leader keeping the fractions apart . fact not fiction .
and the world now knows this to be true .

as for BLAIR he is liar and a war monger a puppet who should keep is mouth shut
as for being a labour man what a bloody joke

little frozen fishfinger remains as always with a big chip .... at least he's bio-degradable

welcome back yellow