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.

there you are .... post 35939 - a real no-contest bet that fossy would never answer any question no matter how simple even for his pretentious mind

Manuel,

I would prefer to leave you wallowing in your own colossal ignorance.

Have a nice day.

fossy the *anker and pedagogue drivels and slithers again
pretence to leftist idealism, but totally lacking the credibility for his phoney convictions
that's why his posts are well worth a detour

Manuel,

You have promised to bypass my postings.

Pleased, if you do so.

But, as usual, your definition of my political leanings are far from correct and out of touch as many of you frequent pronouncements are.

But, to me, you appear to be becoming more and more a fitting member the far right fascist wing of the torrid party having swallowed the party propaganda.

Have a better day than yesterday.

Manuel,

For you a fitting picture of a mate from the old school.

fossy is indeed a most fitting sobriquet
added to that, you're just a charlatan with no courage of supposed convictions

Pete Seeger has died. He wrote "If I Had a Hammer," ''Where Have All the Flowers Gone" and "Kisses Sweeter Than Wine" and many others.

And ""We Shall Overcome."!

He only popularised "we shall overcome". His contribution was just to swap "will" to "shall" because it opened up the mouth more.

Manuel,

Never had much respect for ”personal conviction” as a method of substantiating arguments, or opinions.

But it is obvious why some individuals and old reactionaries such as yourself, rely on them, in false hope, to bolster up their opinion and themselves.

Go back to the playground and learn another mantra.

Haze,

You are probably correct.
(For once!)

I heard Joan Baez singing this alive, some some years ago.

Brings back memories.

It is originally an old gospel song.

That is what the Wicked Book suggests!

8-)

This last year is the first with continuous growth in all 4 quarters since 2007.

Can someone help me please?
If I bought £10000 a share in 2009 and sold in 2013 for profit of £1000.

Is my profit £1000 or less due to inflation? If less, how to calculate?

i'm not an accountant, but i'm sure that the profit is now the profit - i.e. there is no indexing - but of course you can make something like £6,500 (or is it now more?) before CGT at 28% (i think) cuts in

I think the profit is £1,000. There was taper relief on capital gains, but that stopped, I think, in 2008 (another nail from Labour).

OK,
Thank you guys. Straight forward, then.

Do you remember this from Labour

Gordon Brown's ruthless raid on pension schemes has cost the country's savers at least £100bn, a report claimed yesterday.

For the first time, the devastating impact of the Chancellor's controversial tax grab in 1997 has been revealed.

He scrapped the tax relief on dividends paid into pension funds just a few weeks after Labour came to power. Shadow Home Secretary David Davis has described the move as one of the 'great scandals of the last decade'.

The report, from Terry Arthur, a fellow of the Institute of Actuaries, warns the decision has cost Britain's pension savers at least £100bn. This is equal to the entire annual economic output of Ireland, or 50 years of Tesco's annual profits at £2bn a year.

For every one of Britain's 20m people currently saving into a pension scheme, it means they will retire on less money.

To make matters worse, Mr Arthur warns his calculation is on the cautious side. Even £ 150bn may be a 'conservative estimate', he says.

A former pensions adviser to Number 10 said yesterday that the abolition of the tax relief had dealt a body blow to many pension schemes.

Dr Ros Altmann said: 'Gordon Brown saw pension funds as an easy target - so he raided them. 'He either doesn't understand private pensions or he doesn't care about them, which is hardly prudent.'

Before 1997, a pension fund could, for example, be paid £80 in dividends and get £20 in cash back from the Treasury in tax relief. On Budget Day, 3 July 1997, Mr Brown axed the tax relief.

The change took effect immediately. At the time, most people ignored the move, considering it a tedious technicality.

Until recently, it had been thought that the tax grab had cost about £6bn a year, but Mr Arthur fears the figure is much higher.

Even at this level, it would cost every worker who pays into a pension about £300 a year, or £6 a week, according to accountants Grant Thornton. If the £100bn figure is accurate, this is equal to £5,000 for every person who is currently saving into a pension scheme in this country.

Shadow Chancellor George Osborne said: 'His pension raid was one of his first and worst acts as Chancellor. Pensioners will be paying a heavy price for many, many years to come.'

The sudden cut in pension fund income has played a key role in the closure of final- salary pension schemes. By 2012, it is estimated that the majority of Britain's big businesses-will have axed these gold plated pensions for existing workers, according to the pension consultants Lane Clark & Peacock.

Mr Arthur said: 'What happened in 1997 represented an enormous and ongoing raid on the assets of UK company pension schemes.'