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.

Of course, you are all right.

Well, some of you.

"JP Morgan Cazenove has downgraded its position on British stocks while upgrading euro zone equities, citing negative pressures on British equities from rising gilt yields as one of its main reasons.

"Last week we took profits on our Emerging Markets 'overweight', as it became a consensus long, the U.S. dollar is moving higher, the Fed is coming up and Chinese property tightening is restarting," JP Morgan Cazenove equity strategist Mislav Matejka said in a note.

"Today we build on this move by cutting UK, which was our key OW this year, foreign exchange hedged. UK benefited from large emerging market exposure, low yields and British pound weakness. UK bond yields are rebounding, and this is clearly not 'for the right reasons'," he added.

He added that euro zone stocks looked better, on expectations they would benefit from the euro falling against the dollar and since European bank stocks could benefit from higher bond market yields, which could help their profits.

British 10-year gilt yields this month hit their highest level since June's Brexit vote, on concerns over a 'hard Brexit' in which Britain leaves the EU's single market in order to adopt immigration controls, disrupting access to its main trading partner."

Russia has a terrible leader.

Scotland's Sturgeon Calls Brexit Talks With May "Frustrating"

But what can you expect to say from a "frust" b!tch ( Scottish First Minister ) ....Salmon!

is she a woman she looks more like a man

Would prefer this mob.

Tell us something we didn't know. The compulsory aid budget could only have been dreamed up by politicians with no real world experience. I am warming to Priti Patel, she talks sense.

British taxpayers’ money is being wasted on “superficial” foreign aid projects by some of the world’s biggest international bodies, Priti Patel has warned.
In her first newspaper interview since becoming International Development Secretary, Ms Patel told The Telegraph that her department will in the coming weeks “call out” foreign aid organisations using British money in “completely the wrong way”.
And she disclosed that in future Union flags should be displayed on all British foreign aid packages, in a major show of “soft power” in the wake of Brexit.
Speaking on a trip to Africa, she warned that she will “shut down” any British funding streams found to be “wasting” money.

let's hope she can deliver
everyone knows about the appallingly waste and misappropriation of aid funding ...... these african countries (among others) must think every day is christmas

Aid is about influence. If it was about just poverty we would not be giving aid to India when they have a major space program.

aid is about a great many things, but lining the leaders' pockets should not be one of the considerations

Carlos Alberto, the captain of the Brazilian team that won the world cup three times, has died in Rio from a heart attack. Aged 72. Great footballer and outstanding gentleman.

The eurozone is turning into a poverty machine

By
Matthew Lynn

24 October 2016 • 8:34pm



http://www.telegraph.co.uk/business/2016/10/24/the-eurozone-is-turning-into-a-poverty-machine/

It is good to have a government which knows what it is doing.

Well ; it's Heathrow.....it's obvious the government want the new runway up and running quickly ; that's understandable !.....but I think Gatwick followed by the Estuary development much later would have been a better choice....building over the M25 at its widest point...(7 lanes each side including the hard shoulder plus oncoming traffic from approach roads...ouch )....how long is the tunnel going to be ?....perhaps three quarters of a mile minimum.....not going to be easy...and the cost will escalate.....that's just for starters.....anyway this should have been decided years ago...and perhaps a better alternative would have been heralded !....

There's many who would agree with you.

I never was for the estuary idea. Apart from the jobs lost for the tens of thousands around the Heathrow area, it would have been a major inconvenience for the majority of travellers in the south east that live west of Trafalgar Square. Traffic is a nightmare as it is.
I would have approved both Gatwick and Heathrow, provided no public money was involved in the detailed planning, permitting or construction.

as a nimby i'm not exactly thrilled with the heathrow project, but i think it's the correct choice

heathrow is far easier to access than gatwick, and other locations are even worse

almost as importantly, foreigners also perceive heathrow as the number one airport for london and uk

well my lloys are ding very well bought at 49p now nigh on 56p will double my money over the next 12 months and buy another house

Heathrow's third runway could be built over the M25 because it will be 'cheaper and quicker', it was revealed today.
Transport Secretary Chris Grayling backed a 'sensible' plan to have a sloping runway constructed on top of the existing road instead of tearing up the motorway and putting it in a tunnel.

certainly better than trying to put the runway in a tunnel

The estuary development is very very longterm....it's a massive airport... incorporating a new thames barrier and a new thames motorway/railway crossing...why have three separate things when you can save billions with clever planning !...in the short term : Gatwick would have been ideal for the next decade or so......anyway...it's Heathrow...and I can't see it being stopped through the courts....delayed perhaps...but halted ?...never....and the craziest thing is it seems they haven't thought out how the M25 will covered over....the runway will have an aircraft-carrier style slope on it ?....really....beggars belief...it's sort of let's do it but how not sure ?....and you can double the original cost.....it's good for people that work at Heathrow....not so good if you are under the flightpath....but there you go...it's done and dusted....