Why is it that those who have got this country and the world in the mess it is today continue to do the same by creating false rumours that the bank will be nationalised. Does the government not have enough on its hands already with Northern Rock. What the government has proposed today may not work but atleast it is better than doing nothing, the collapse of these banks will effect every indiviual whether rich or poor!
It is time these indivuiduals who create this false sense of in security and doom be ignored!

5) looks totally inaccurate, nonsensical and irrelevant in any case

Thanks to the Banksters particularly Sir Fred the UK is now doomed.

It's not looking rosy I must admit, but some companies are still trading very well, look at the last weeks trading updates from igg, sdl, asc,mtc amec,jd, dom,and dnlm all very positive indeed. There are plenty of downbeat trading updates and results around, but not all sectors are in dire straights.

especially asc spitfire, agree

companies with wide international exposure are much better insulated - e.g. in our experience south am, m/e, india and parts of f/e continue with little slowdown ..... on the other hand, usa where we have little exposure, is a disaster

many companies are feeling the effects of a weak pound now, and the ones that have earning in dollars and euros will see a significant positive impact this year.

agree with asc tomasz, I nearly brought some monday morning, very good update but a nagging worry about margin erosion stopped me.

don't confuse currency games (we decided to account in $ some time ago) with volume and t/o and profitability

having said that some companies will still benefit from a positive impact of exchange rate movements which will become more evident this year.

spitfire,margin erosion asc will cost just about 3% of final income CEO Nick said.no reason for worrys

Interesting looking chart, beginning to look like a New York skyline!

lol.

What is the problem shorters?

This cannot bankrupt as the government started to support it similar to the way it supported British Energy at the time it was just 4p a share.
NOW CHECK THE PRICE of BGY.

Issue at 37p a share may look too cheap by September. This will be more interesting if shorters leave their position open.
Some of them gain over 1000% if close at these prices.

UP 3% TO 25.8p

Sell RBS and Barclays, says UBS


UBS cuts recommendations on RBS and Barclays to sell from neutral.

Broker suggests the market 'has yet to fully appreciate the substantial dilution in UK banks'.

i say buy as recovery is on its way and we could profit from just sit back and enjoy the ride

i say buy as well

UP ONLY 13% TODAY. LONG TERM BUY.