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.

This is the paragraph that's really annoying ...

He also pointed to the slide in the share price of Virgin Money in the days following the Brexit vote....

Oh dear Richard it might cost you a small portion of your billions

i've heard that hungary is to hold an eu referendum in october, but i can't find any confirmation of this

anyone else heard of this?

I heard about a week ago that it was considering a referendum on whether or not to accept an EU quota of migrants

It's old news cynic .

thanks chaps

thanks chaps

cynic try this from Reuters ...3rd May this year..

http://www.reuters.com/article/us-europe-migrants-referendum-idUSKCN0XU10M

thanks jimmy .... perhaps the news has only just reached portugal :-)

No. You can't have an ice cream. It's back to the home for you.

From Telegraph

Britain needs stability. If Conservative MPs want Theresa May, she should be crowned without delay
Philip Johnston 5 JULY 2016 • 7:55PM

As he reminds us in his autobiography, Tony Blair’s first and only job in government was that of Prime Minister. The same is true of David Cameron. On that basis, Andrea Leadsom is more experienced than either. She has been an MP for all of six years and has held two junior ministerial posts. That, together with having spent years working in the “real world” as a financier in the City, apparently qualifies her for the top job in British politics at a moment of great national disquiet.

Quote: "I decided to stand myself because I thought we needed more choice for people about who they want to lead this country." Andrea Leadsom

Were Mrs Leadsom to win the premiership she would be the first arrival in Number 10 since Labour’s Ramsay Macdonald in 1924 not already a Privy Counsellor. Given that Macdonald was the leader of a relatively new party and had only been back in the Commons for two years this was not altogether surprising and was rectified when he took office.

But for a Conservative to become Prime Minister without having previously been a Privy Counsellor is unprecedented and reflects the fact Mrs Leadsom has never sat in the Cabinet let alone occupied one of the great offices of state or been leader of the Opposition. Yet it is quite possible that she could indeed be our next Prime Minister. With 66 votes from fellow MPs, she is well-placed in the race after yesterday’s first round of balloting and her popularity is growing among members in the country who have the final say. But we have no Westminster track record by which to judge her suitability for the post.

Mrs Leadsom takes the view that having served in the Cabinet does not bestow some unique qualification to be prime minister and she is, of course, right as both Mr Blair and Mr Cameron can testify. But they were leaders of the Opposition before becoming premier. Mr Blair had been an MP for 13 years; Mr Cameron for fewer but he had a longer spell as Opposition leader before getting into No 10.

Quote: "I am a very committed Christian. I think my values and everything I do is driven by that." Andrea Leadsom

At Westminster, experience matters. Previous prime ministers who have taken over in mid-parliament – Gordon Brown, John Major, James Callaghan, Alec Douglas-Home, Anthony Eden – all previously held high office. For better or worse, they knew how to handle the Commons, how to react in a crisis (even if Eden precipitated one), how to deal with allies and enemies, how to strike a bargain, when to stand firm and when to back down.

Some were better at it than others; a few could not do it at all. But at least they had all been in a position to judge their strengths and weaknesses at the highest levels of government. Mrs Leadsom has charm and evidently possesses a good deal of self-confidence otherwise she would not have put her name forward to lead the Conservative Party. But she has never felt the heat of a full-blown political meltdown and nor are we able to assess her capacity to cope with one.

She has another big problem: if she gets on to the final shortlist alongside Theresa May then she will have the support of far fewer MPs than her opponent. Yet she could then win the ballot among the 150,000 party members. A survey carried out by the website Conservativehome indicates that Mrs Leadsom is slightly ahead of Mrs May among activists.

It is difficult enough to be leader of the Opposition without the wholehearted backing of a majority of your MPs; but it must be doubly so to be the Prime Minister. If things started to unravel, for instance in the Brexit negotiations with the EU; or if Labour got its act together and started clawing its way back to popularity – especially as part of some centre-Left alliance with the Lib Dems, Greens and SNP – then Tory MPs would fret about their seats. They would undermine a leader who achieved office without their support. This is happening to Jeremy Corbyn now and happened to Iain Duncan Smith.

From: http://www.ft.com/cms/s/0/89ff6b1e-4204-11e6-b22f-79eb4891c97d.html#ixzz4DZdaWFZ9

July 4, 2016 8:31 pm
Leadsom forced to account for financial history
Martin Arnold, Banking Editor

Andrea Leadsom

Barclays gave Andrea Leadsom her first job. It also had a lasting impact on her politics — though not in a way the British bank might care to remember.

Mrs Leadsom, now a contender to become the next leader of the Conservative party and British prime minister, joined Barclays de Zoete Wedd, as its investment bank was then called, as a debt trader after graduating in political science from Warwick University in 1987.

A decade later she fell out with Bob Diamond after the swashbuckling American financier took charge of Barclays’ investment bank and pressed her to return to work full-time soon after she had given birth. By then a director in its financial institutions group, advising other banks on their finances, Mrs Leadsom left Barclays with a pay-off and went on to invest in buy-to-let properties in Oxford and Surrey.

Some former bosses at Barclays have suggested her recent political statements have exaggerated her roles at the bank. But her clash with the bank seemed to make a big impression: since entering politics she has set up a charity to support families struggling with the arrival of a new child and has campaigned regularly on the issue.

“I know, as a woman, how to succeed in a man’s world and how to fight the unfortunate prejudice that many working mums experience,” she said on Monday at the launch of her leadership campaign.

Back in 2012, Mrs Leadsom seized her chance to speak out against Barclays and Mr Diamond, laying into her former boss when he appeared before her and other MPs during the parliamentary inquiry into the Libor interest rate manipulation scandal.

Shortly before that appearance, Mr Diamond was fired following pressure from the governor of the Bank of England. Mrs Leadsom went on to become Treasury minister a couple of years later.

A senior financier who came across Mrs Leadsom on the parliamentary committee recalls an “obsession” with forcing banks to make their customers’ account numbers as portable as mobile phone numbers.

Despite being told that this would require the unpopular move of abolishing cheques, Mrs Leadsom kept pushing the idea as Treasury minister. “It is a bad omen if she ends up trying to negotiate a trade deal with Angela Merkel,” said the financier.

Mrs Leadsom is having to face questions raised by other events from her early career. Bandal, the company she and her husband Ben set up to invest in buy-to-let properties after she left Barclays, attracted adverse attention when she transferred some of its shares to a trust owned by her children, reportedly to avoid inheritance tax.

Furthermore, Bandal was financed with offshore loans from the Jersey arm of Kleinwort Benson, the private bank. This fuelled further questions over why she had chosen this form of loan, particularly when the Panama Papers scandal was putting the finances of politicians and others under the spotlight.

Using family trusts to avoid inheritance tax is standard practice for higher earners and there is no suggestion that Mrs Leadsom has done anything illegal.

She addressed the issue in her blog after being re-elected as an MP last year, saying: “We set up the company with £100, putting £24 of the shares into an onshore trust as our children were 0, 5 and 7 and therefore legally unable to own shares.”

While shares in Bandal have an accounting value of £1 each, the company has assets worth £1.6m at the end of 2015.

“The purpose was that the whole family would engage in — and learn from — running a small business,” she said, adding that “we had very little capital” and so raised a loan from Kleinwort Benson that was secured against the main family home. “As you may know, there is no tax advantage in borrowing money from offshore.”

Five years after her time as senior investment officer and head of corporate governance at City fund manager Invesco Perpetual from 1999 to 2009 the firm was fined £18.9m for regulatory breaches in a period that included her last year working there. A spokesman said she was not responsible for any wrongdoing.

Critics of her political judgment have also highlighted her links with Peter du Putron, the Guernsey-based hedge fund boss who is her brother-in-law, former employer and financial backer.

After leaving Barclays, Mrs Leadsom joined Mr du Putron’s hedge fund and worked as a managing director at Du Putron Fund Management, which has since been renamed Blue Rock Capital Management, from 1997 to 1999.

Mr du Putron, who is married to Mrs Leadsom’s sister Hayley, is a big donor to the Conservative party, giving it more than £600,000 in recent years.

After Mrs Leadsom was first elected as an MP in 2010, Mr du Putron helped to fund her parliamentary career by donating £70,000 over two years to pay the salary of a project manager and to cover printing costs for a campaign to reform the EU.

“The reason the donation became a ‘story’ is because my brother-in-law’s family come from the Channel Islands and have lived there for centuries,” Mrs Leadsom wrote in her blog. “I would like to reiterate that I have never evaded tax and have always declared all of my income.”

Fred tiresome as ever , you lost ,Corbyn is finished ,all your predictions and ideas are in tatters ,give it a rest Fred.

I wonder if you saw The Blair Rich Project on channel 5 Fred ? didn't paint your hero Tony in a very good light ,running around the world taking money from despots .

Dumbo,

Are you jealous of a successful man?

He is practising good old market principles.

fred blair is a murderer and should be hung

Worse than a gangster ,did you also admire John Gotti , same sort of people.

No,

Is he one of your heroes?

What could possibly go wrong?


http://indy100.independent.co.uk/article/while-the-uk-is-leaving-the-eu-african-countries-are-planning-their-own-union-passport--b1GXFfjrSb?utm_source=indy&utm_medium=top5&utm_campaign=i100

history will say that CAMERON THE COWARD .