The UK Politics and EU Referendum thread - merged

[George2Loose]

Big Lisa Nandy fan <3

[Doobs]

jenny hill Verified account
‏@jennyhillBBC

Boris Johnson claims German business institute ( BDI ) said there'll still be access to single market. BDI just told us that's untrue

uh huh


general stock market is holding up ok today, not so barclays and rbos, trading suspended down 10-15%

ww.independent.co.uk/news/business/news/barclays-rbs-halts-trading-eu-referendum-brexit-ftse-100-stock-market-a7105196.

How much of RBS does the country still own?

80% I think.  LBG is a much smaller stake these days.  Without checking, less than 10%.

RBS 72%
LBG 9%

Sounds right, i forgot they sold some rbs at a loss. 

[TightEnd]

i think this is a must watch

such a huge miss from british politics, the best prime minster we never had

[peejaytwo]

https://www.youtube.com/watch?v=FXSyOlZuYOw

i enjoyed this.

[BigAdz]

i think this is a must watch

such a huge miss from british politics, the best prime minster we never had

With all the resignations etc, is there not a chance someone will fall on their sword voluntarily to create a position/by election, thus providing the opportunity for a return?

[TightEnd]

Miliband

the labour party didn't elect him in 2010 as his brother was more socialist, ionce which point the party membership is more left wing still

so difficult to see how he could get back in in a senior position even if he decided to come back and won a by-election

If, blue sky thinking, another central-sdp type party emerges from all of this with a configuration of one nation tories and labour right, then he'd be a great leader of that. but he has to come back first

i am a big fan, and have never voted labour in my life

[vegaslover]

jenny hill Verified account
‏@jennyhillBBC

Boris Johnson claims German business institute ( BDI ) said there'll still be access to single market. BDI just told us that's untrue

uh huh


general stock market is holding up ok today, not so barclays and rbos, trading suspended down 10-15%

ww.independent.co.uk/news/business/news/barclays-rbs-halts-trading-eu-referendum-brexit-ftse-100-stock-market-a7105196.

How much of RBS does the country still own?

80% I think.  LBG is a much smaller stake these days.  Without checking, less than 10%.

RBS 72%
LBG 9%

Sounds right, i forgot they sold some rbs at a loss. 

Saw the figures on bbc this morning.
Had been thinking of getting some shares when they next sold off too, obv that not happening now.
Anyone else currently scouting the share prices, looking at entry prices?  

[vegaslover]

Miliband

the labour party didn't elect him in 2010 as his brother was more socialist, ionce which point the party membership is more left wing still

so difficult to see how he could get back in in a senior position even if he decided to come back and won a by-election

If, blue sky thinking, another central-sdp type party emerges from all of this with a configuration of one nation tories and labour right, then he'd be a great leader of that. but he has to come back first

i am a big fan, and have never voted labour in my life

Think Tighty nails it.
imo the start of Labour self-destructing was the coup to get Red Ed instead of David

[arbboy]

jenny hill Verified account
‏@jennyhillBBC

Boris Johnson claims German business institute ( BDI ) said there'll still be access to single market. BDI just told us that's untrue

uh huh


general stock market is holding up ok today, not so barclays and rbos, trading suspended down 10-15%

ww.independent.co.uk/news/business/news/barclays-rbs-halts-trading-eu-referendum-brexit-ftse-100-stock-market-a7105196.

How much of RBS does the country still own?

80% I think.  LBG is a much smaller stake these days.  Without checking, less than 10%.

RBS 72%
LBG 9%

Sounds right, i forgot they sold some rbs at a loss.  

Saw the figures on bbc this morning.
Had been thinking of getting some shares when they next sold off too, obv that not happening now.
Anyone else currently scouting the share prices, looking at entry prices?  

Ladbrokes have fell nearly 20% in a week.  Doesn't seem to be any reason for this unless the roulette machines won't be stuffed with EU workers wages any more.  They look a very low risk buy at £1.10 given the coral merger is coming up.  Far less likely the machines get banned now as a post brexit government will need every possible source of tax revenue.  Ladbrokes earnings are far more dependent on machines than hills as their online business is so much weaker generally

[PokerBroker]

George Eaton ‏@georgeeaton

Lisa Nandy will stand against Corbyn,  Labour source tells me.

(a nation either thinks "who?" or rushes to google)

Interesting, don't know much about her think she's considered as a lefty didn't Owen Jones bg her up before?  Does she have enough experience in parliament?  

Can see she ticks a few boxes though,mixed race, woman, left socialist type.  If she came out as bi-sexual it would be bingo.  

[TightEnd]

Michael Crick ‏@MichaelLCrick now1 minute ago

One idea floated by one Tory minister is Cons MPs should vote on contenders, then persuade 2nd name to withdraw so get new PM by mid-July

Michael Crick ‏@MichaelLCrick now3 minutes ago

Similar pressures at Westminster to whittle Con & Lab leadership contenders down to v few names for members, to keep things quick & simple

Michael Crick ‏@MichaelLCrick now5 minutes ago

4. Big legal row over whether Corbyn automatically on ballot paper. JC & Left put pressure on MPs & surviving  front bench to nominate JC

Michael Crick ‏@MichaelLCrick now7 minutes ago

So here's Lab possible next steps: 1. PLP no con motion tonight; 2. Secret ballot tmrw; 3. MPs & MEPs agree challenger & 51 propose him/her

[Doobs]

jenny hill Verified account
‏@jennyhillBBC

Boris Johnson claims German business institute ( BDI ) said there'll still be access to single market. BDI just told us that's untrue

uh huh


general stock market is holding up ok today, not so barclays and rbos, trading suspended down 10-15%

ww.independent.co.uk/news/business/news/barclays-rbs-halts-trading-eu-referendum-brexit-ftse-100-stock-market-a7105196.

How much of RBS does the country still own?

80% I think.  LBG is a much smaller stake these days.  Without checking, less than 10%.

RBS 72%
LBG 9%

Sounds right, i forgot they sold some rbs at a loss.  

Saw the figures on bbc this morning.
Had been thinking of getting some shares when they next sold off too, obv that not happening now.
Anyone else currently scouting the share prices, looking at entry prices?  

Ladbrokes have fell nearly 20% in a week.  Doesn't seem to be any reason for this unless the roulette machines won't be stuffed with EU workers wages any more.  They look a very low risk buy at £1.10 given the coral merger is coming up.  Far less likely the machines get banned now as a post brexit government will need every possible source of tax revenue.  Ladbrokes earnings are far more dependent on machines than hills as their online business is so much weaker generally

Would agree, but Ladbrokes have just got worse and worse every year for ages.  They hsd their eye off the ball long before the merger distraction.  Guess they must turn at some point though. 

[The Camel]

Miliband

the labour party didn't elect him in 2010 as his brother was more socialist, ionce which point the party membership is more left wing still

so difficult to see how he could get back in in a senior position even if he decided to come back and won a by-election

If, blue sky thinking, another central-sdp type party emerges from all of this with a configuration of one nation tories and labour right, then he'd be a great leader of that. but he has to come back first

i am a big fan, and have never voted labour in my life

This was my idea last night, but with Boris discarding his leave cloak as quickly as possible and changing back into Reamin clothes, I don't think the left wing of the Tory party are likely to go anywhere.

[TightEnd]

31 year low £ v $

[arbboy]

jenny hill Verified account
‏@jennyhillBBC

Boris Johnson claims German business institute ( BDI ) said there'll still be access to single market. BDI just told us that's untrue

uh huh


general stock market is holding up ok today, not so barclays and rbos, trading suspended down 10-15%

ww.independent.co.uk/news/business/news/barclays-rbs-halts-trading-eu-referendum-brexit-ftse-100-stock-market-a7105196.

How much of RBS does the country still own?

80% I think.  LBG is a much smaller stake these days.  Without checking, less than 10%.

RBS 72%
LBG 9%

Sounds right, i forgot they sold some rbs at a loss.  

Saw the figures on bbc this morning.
Had been thinking of getting some shares when they next sold off too, obv that not happening now.
Anyone else currently scouting the share prices, looking at entry prices?  

Ladbrokes have fell nearly 20% in a week.  Doesn't seem to be any reason for this unless the roulette machines won't be stuffed with EU workers wages any more.  They look a very low risk buy at £1.10 given the coral merger is coming up.  Far less likely the machines get banned now as a post brexit government will need every possible source of tax revenue.  Ladbrokes earnings are far more dependent on machines than hills as their online business is so much weaker generally

Would agree, but Ladbrokes have just got worse and worse every year for ages.  They hsd their eye off the ball long before the merger distraction.  Guess they must turn at some point though. 

How can you go much lower though when you had 10000 machines making a grand a week which are less likely to be banned now than before? They are maxed off tax wise on the machines as well following a tax grab then a further increase of 5% on that initial tax grab.  Pretty certain they couldn't bash them again.  There is no variance in the vast majority of lolbrokes earnings in the machines.  Having such a relatively small online/phone business and so many machines actually reduces the variance on their earnings in theory.