Banks, Gotta love em Options

[TallDarkAndHands...]

http://www.bbc.co.uk/news/business-36889828

So you lend THEM money and they charge you!

Better start using that space under the bed!!

[user23]

http://www.bbc.co.uk/news/business-36889828

So you lend THEM money and they charge you!

Better start using that space under the bed!!

Can't really blame them if the Referendum causes interest rates to go negative.

[On the edge]

Can't really blame them if the Referendum causes interest rates to go negative.

Err, the European Central Bank first introduced the idea back in 2014, this was on the cards well before the referendum! Presumably the rain due at the end of the week is down to the same cause?

[user23]

Err, the European Central Bank first introduced the idea back in 2014, this was on the cards well before the referendum! Presumably the rain due at the end of the week is down to the same cause?

I'm just going on what the Governor of the Bank of England is saying. You are free to disagree with him.

[TallDarkAndHands...]

Err, the European Central Bank first introduced the idea back in 2014, this was on the cards well before the referendum! Presumably the rain due at the end of the week is down to the same cause?

Don't you know? Brexit is the root of all evil. I heard that it was all planned by Beelzebub himself...

[user23]

Don't you know? Brexit is the root of all evil. I heard that it was all planned by Beelzebub himself...

That's probably an over reaction to Mark Carney's comments.

[je suis Charlie]

Don't you know? Brexit is the root of all evil. I heard that it was all planned by Beelzebub himself...

Really? And all his little imps? Well I never!

[TallDarkAndHands...]

Really? And all his little imps? Well I never!

It's true!I Also heard that newres and user23 are emigrating....they have had enough of living in this racist thick bigoted Country. Wonder where in Europe they will end up?

[On the edge]

I'm just going on what the Governor of the Bank of England is saying. You are free to disagree with him.

No I don't disagree with what he says. I simply wish basic finance was on the national curriculum, in essence, the City has reacted exactly as predicted and the Bank knows exactly how to react. Essentially, it means we are on plan; so its good.

[motormad]

How dare the banks only make £5bn profit per year.

[Biker1]

Does this mean they'll pay out to for us borrow money??

[On the edge]

Does this mean they'll pay out to for us borrow money??

In purist economic terms, yes, that could make sense in some cases. Arguably, that's just what happens when a shareholder buys into a company that isn't paying dividends and letting its share price fall. Or, for instance, an angel backing a theatrical production, which critics say might not make it. Simply a place to put 'spare capital', in the hope of future big profit, or some other intangible benefit. Another good example were the investors in rural railways, most of whom didn't see their money again - except by much cheaper coal and transit costs in their village.

[user23]

No I don't disagree with what he says. I simply wish basic finance was on the national curriculum, in essence, the City has reacted exactly as predicted and the Bank knows exactly how to react. Essentially, it means we are on plan; so its good.

If this is part of the plan, I'd hate to see what happens if it goes wrong.

Seem like a pretty bad plan to me.

[TallDarkAndHands...]

If this is part of the plan, I'd hate to see what happens if it goes wrong.

Seem like a pretty bad plan to me.

Wake up and smell the coffee. Europe is on the brink of financial collapse and civil war. Best off out. You'll thank us in years to come.....

[user23]

Wake up and smell the coffee. Europe is on the brink of financial collapse and civil war. Best off out. You'll thank us in years to come.....

Europe doesn't seem to be doing too badly, after all the French are building us our next nuclear power plant.

You want to take the credit, but will you also taking the blame if the whole Brexit thing doesn't go well, when it starts?

[On the edge]

Europe doesn't seem to be doing too badly, after all the French are building us our next nuclear power plant.

You want to take the credit, but will you also taking the blame if the whole Brexit thing doesn't go well, when it starts?

So they are!

What a vote of confidence by the French Government! EdF is a nationalised industry. If the French really believed Brexit was such a stupid idea and the U.K. was on the verge of financial collapse, do you really think they'd invest so much over such a long period?

[user23]

So they are!

What a vote of confidence by the French Government! EdF is a nationalised industry. If the French really believed Brexit was such a stupid idea and the U.K. was on the verge of financial collapse, do you really think they'd invest so much over such a long period?

We'll always need electricity, however bankrupt the country is and we can't brexit from the French owning our power stations if we're broke.

Smart move by the French.

[On the edge]

We'll always need electricity, however bankrupt the country is and we can't brexit from the French owning our power stations if we're broke.

Smart move by the French.

Some logic!

Would you honestly lend money to someone on the verge of bankruptcy? By the way, if we do decline as much as you suppose, electricity demand will drop and EdF won't make a cent. 7% of demand isn't actually that big.

Similarly, the French trades unions ain't too pleased that investment money is leaving the Country.

We might be seeing the flames of Frexit being blown, the President's position isn't so stable and elections are coming. Officially, just like the UK before the referendum was 'for' Europe......





Personally, I don't think we've heard the last of Hinckley. It's an unsustainable project that we don't actually need. Plus I've never been keen on having something as dangerous as a nuclear plant controlled by foreign owners.

[Simon Kirby]

We'll always need electricity, however bankrupt the country is and we can't brexit from the French owning our power stations if we're broke.

Smart move by the French.

It's all Amperes, Volts, Joules, and Coulombs - nasty European ideas.

[user23]

It's all Amperes, Volts, Joules, and Coulombs - nasty European ideas.

I know Watt you mean.