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 was a new EU directive introduced on the 1st January which
forced Pension providers to hold more cash on their balance sheets,
initially designed for the insurance industry, this would have the effect
of pushing pension payouts down (ie lower annuities).

The Dept for Works and Pensions said it could cost British business
up to 400 BILLION pounds.

And an Independent report by the Oxford Economics said it would cost
hundred's of BILLION'S.

So once again... Thank you, the EU!

I wouldn't laugh too much.

http://uk.reuters.com/article/uk-britain-eu-pound-idUKKCN0YO16R?feedType=nl&feedName=ukdailyinvestor&utm_source=Sailthru&utm_medium=email&utm_campaign=UK%20Lunch%20Break%202016-06-02&utm_term=UK%20Lunch%20Break

Pound would sink 9 percent if country voted to leave EU - Reuters poll
LONDON | BY JONATHAN CABLE

The British pound would sink 9 percent against the dollar in the immediate aftermath of Britons voting to leave the European Union on June 23, a Reuters poll of foreign exchange strategists showed on Thursday.

Conversely, if they decide to remain in the 28-member union then the pound would gain 4 percent on the greenback, the survey of more than 30 currency forecasters taken in the past week found.

READ MORE: EU vote fears trigger first decline in UK construction orders since 2013

When asked in April how sterling would fare, median forecasts suggested it would gain the same 4 percent soon after an 'In' vote but would fall 7 percent if Britain voted to leave. Since then the 'Remain' camp appears to have gained some traction, which has supported sterling.

In the latest FX poll, the biggest predicted drop after an 'Out' vote was 25 percent while the steepest gain from an 'In' vote was 15 percent. Only one participant predicted a fall after an 'In' vote and none predicted a rise after a vote to leave.

RECOMMENDED: City of London's 'Brexiteers' regroup for battle

"The (opinion) polls seem towards the 'Remain' outcome - as does our hope and forecasts - so we believe something of that is priced in," said Stefan Grosse at NORD/LB, which could explain the change in forecasts from the last Reuters poll.

Lifting the pound to a three and a half-month high against the euro and a three-week high against the dollar a series of opinion polls last week pointed to the "In" camp opening up a lead over those favouring Brexit.

However, the currency slipped on Wednesday and the cost of hedging against sharp falls in the exchange rate over the next month rose to its highest in over seven years on worries the campaign for Britain to leave was gaining the upper hand.

Last month, the Bank of England stepped up its warnings about the economic risks if Britain votes to leave, saying sterling could fall sharply, while economists are pretty much united in saying Brexit remained the biggest threat to growth. [ECILT/GB]

The divis for Philip Green's wife came from the parent group Arcadia which has been profitable for years and BHS has not been.

71432----So many countries ours included have been in a race to the bottom for their currencies I'm afraid it is laughable that they now fear a 9% drop. I can remember when we were close to parity with the $ as many here will also.
2517

Why the rubbish about the exchange rate....Like stocks and shares they
go up and down..Its swings and roundabouts, some gain some lose then
it swops over again..

Some people need to look at a exchange rate chart over a period of time.

It's just Freda , he thinks we'll all just vote remain because of it .

be terrible for our exports of course :-)

Who will buy?

anyone who wants our goods
eu may pretend not, but even if so (which i very much doubt) there's a bit wide world out there

Cameron being grilled on Sky News tonight at 8pm, with Gove tomorrow.

I saw Corbyn giving an EU speech today. It was the usual nonsense with very little to do with the EU. It was just an opportunity to bash Cameron.

if that is so, then no doubt that is what prompted fred to say it was a sensible and thoughtful speech

Lets get out and give it a spin. Yes a bit turbulent at first but we will soon recover. OUT, OUT OUT. :-))

Shake it all about!

8-)

Is Fred doing a Cameron ! i think so ,he's so confused right now he doesn't know who to go along with ,probably started drinking early . Wes me speling alriht Freda ?

Freda's not a lot different to Dave really , as he's now using scare tactics to make a case .

The sister of a Birmingham pub bomb victim has demanded the “gutless” individuals responsible give themselves up, in an angry confrontation with a former IRA intelligence director.
Julie Hambleton issued a stinging riposte to Kieran Conway after he claimed the bombers were “relatively blameless” and would never face justice despite their identities being widely known.
If the European Arrest Warrant is such a great thing surely these people could be brought to the UK for questioning if they are known.

I think this sums up some of the Brexiters.

Dumbo is in the left corner.

I see another how to eat healthy program last night , and would you believe the outcome was astonishingly that a good all round balanced diet was the most healthy option .

Is Cameron a closet Libdem?

'Tax freedom day' has fallen in June for the first time in 15 years, raising a "red flag" that the tax burden is moving in the wrong direction, according to a think tank.
The day marks the point when employees have theoretically earned enough income to pay their taxes for the year - and it is four days later than it was last year.
The Adam Smith Institute found that tax receipts are expected to be 42% of net national income this year and will take workers 154 days to cover.
The institute's director Eamonn Butler said: "The Treasury hates tax freedom day because they don't want us to know how much tax we really pay.
"They conceal the tax burden with stealth taxes that we don't even realise we're paying.
"But it's shocking that the Government takes over two-fifths of the country's earnings - and then borrows more.
"We work longer for the Government than mediaeval serfs had to work for their Lords.
"It is absurd that people on the minimum wage are liable for National Insurance Contributions, which raise their cost to employers and make it harder to move from benefits into work.
"The poor are also worst hit by regressive taxes like excise duties on what they buy."
The institute said that net national income has increased by £34.6bn from last year but the Government has taken up £35.4bn more in taxes.