Brexit, for once some facts.

[oyster]

Just heard from a journalist by email about brexit and post. Royal Mail said:

“For items under £135 (with the exception of gifts), VAT will be collected directly when they buy the goods online. For goods with a value over £135 (and gifts over £39), Royal Mail may collect the VAT and customs duties from the customer prior to delivery. These charges are applied on behalf of HM Revenue & Customs.”

Which makes no sense. How can you pay VAT when you buy online if the company hasn't set themselves up to charge UK VAT?

Journalist replied:

"I'm afraid HMRC and other departments are doing zero briefings on this issue - they haven't done all year. It is an extraordinary situation and all the more frustrating for us journalists not to get information on the most basic changes coming in three days time."

I agree - it is extraordinary but all too predictable from those currently in charge.

 

[Zlatan]

"Would you rather trust your money in a bank at moment?"
In times of collapsing markets, yes without a doubt. Bet you could buy Easy Jet and Ryanair for a couple of quid.. Might be worth a gamble...

 

[oldgroaner]

"Would you rather trust your money in a bank at moment?"
In times of collapsing markets, yes without a doubt. Bet you could buy Easy Jet and Ryanair for a couple of quid.. Might be worth a gamble...

Rather like the time Rolls Royce shares were all the rage?
And earlier still the South Sea Bubble?

 

[oyster]

"Would you rather trust your money in a bank at moment?"
In times of collapsing markets, yes without a doubt. Bet you could buy Easy Jet and Ryanair for a couple of quid.. Might be worth a gamble...

Remember that for the big boys, we are round about the point of having to pay banks to keep our money.

 

[Zlatan]

Remember that for the big boys, we are round about the point of having to pay banks to keep our money.

Still beats how some shares will have performed recently.. Folk keep saying Gold is old... But it's protected plenty this time.... Again..
Yep, cash ain't great but its better than Ryan Air shares at moment. Bet there, s plenty wishing they, d sold (into cash) last March.. Got to sit it out now..
But who knows.. If we did, we wouldn't be posting on here.
And UK personal debt... Lowest for 15 years. Folk have been using furlough to repay credit cards... Spending boom when lid lifts.. Can't remember figures, they are on Web somewhere, but the amount public have paid off cards is staggering...
Government owe trillions but bloke In Street has paid on average 72% of his fluid debt back. (none mortgage borrowing)

 

[Danidl]

What you describe is humanity. That’s what humans do, the ancient instinct to survive and prosper at any cost kicks in and some can’t resist the feeling, it overwhelms them. It’s always existed and it always will.

No Barry. There are always two concepts fighting away in every person .. the Leonard Cohen Song the Partisan gets it exactly right ..". I will help you if I can,I will kill you if I must ". The British establishment got it so wrong in March , they used pseudo science to convince themselves that what they wanted was what was right, ..rather than the reverse ,and that is why you now have the worst death rate in Europe. It was ignorance of science dressed up as arrogance, and it confused the population...and it still persists. The UK is the only developed country which is refusing to provide standardized statistics

 

[oyster]

Still beats how some shares will have performed recently.. Folk keep saying Gold is old... But it's protected plenty this time.... Again..
Yep, cash ain't great but its better than Ryan Air shares at moment. Bet there, s plenty wishing they, d sold (into cash) last March.. Got to sit it out now..
But who knows.. If we did, we wouldn't be posting on here.
And UK personal debt... Lowest for 15 years. Folk have been using furlough to repay credit cards... Spending boom when lid lifts.. Can't remember figures, they are on Web somewhere, but the amount public have paid off cards is staggering...
Government owe trillions but bloke In Street has paid on average 72% of his fluid debt back. (none mortgage borrowing)

It might appear a better return. But it is a continuous loss - drip, drip, drip. Shares at least have the possibility of a rise on the horizon. Even if that potential rise can only be seen through the rosiest of glasses.

 

[Zlatan]

It might appear a better return. But it is a continuous loss - drip, drip, drip. Shares at least have the possibility of a rise on the horizon. Even if that potential rise can only be seen through the rosiest of glasses.

Yep, agreed. Like I said might be a good time to buy Ryanair??? But I won't be doing..

 

[Danidl]

News just in... Well late yesterday. The DUP ..the staunchest allies of the Tory party will be voting AGAINST the UK/EU FTA tomorrow. So while their numbers are very depleted since the last Westminster election , and unlikely to affect any outcome.. particularly since Labour will support the Tories, it is yet another rift.

 

[Danidl]

Yep, agreed. Like I said might be a good time to buy Ryanair??? But I won't be doing..

Not really ..that was last March. The shares at 16 quid are now only 2quid below their peak value over the last half decade. The markets reckon they will survive,and hoover up the minnows,who did not have as deep pockets. And of course the Boeing MAX return will not hurt them.

 

[oyster]

Yet another new year in detention. Anyone remember Johnson's role in this?

UK ‘beginning to look weak’ over Nazanin Zaghari-Ratcliffe’s detention in Iran, Jeremy Hunt warns

Nazanin Zaghari-Ratcliffe has been detained in Iran since 2016
https://www.independent.co.uk/news/uk/home-news/nazanin-zaghari-ratcliffe-jeremy-hunt-iran-b1779808.html

Interesting how Hunt keeps raising uncomfortable issues almost as if he were positioning himself to...

 

[Wicky]

£220 million - Let's see how Boris and Hancock spins this away

Only 28 Covid patients treated in £220million Nightingale hospitals

Department of Health statistics also revealed three Nightingales - Bristol, Manchester and Harrogate - are still yet to receive their first Covid-19 patients. The hospitals cost £220million to build.

www.dailymail.co.uk

 

[oldgroaner]

Assessment of TCA (not much to note happened yet)

 

[oldgroaner]

Yep, agreed. Like I said might be a good time to buy Ryanair??? But I won't be doing..

Very Wise!

 

[Zlatan]

Not really ..that was last March. The shares at 16 quid are now only 2quid below their peak value over the last half decade. The markets reckon they will survive,and hoover up the minnows,who did not have as deep pockets. And of course the Boeing MAX return will not hurt them.

I think that's the aspect I, ve found quite odd. Ryanair shares, along with many others staging a fair recovery with revenue at best around 20% of peak figures.
At worst stock market dropped around 10% and has now recovered to less than 5% down...??? Start of this I was expecting 20% drops. The Lehman 2008 falls were often 4% per day... Stock market seems more resilient than I expected.

 

[oyster]

News just in... Well late yesterday. The DUP ..the staunchest allies of the Tory party will be voting AGAINST the UK/EU FTA tomorrow. So while their numbers are very depleted since the last Westminster election , and unlikely to affect any outcome.. particularly since Labour will support the Tories, it is yet another rift.

Push your (former) allies over the other side of the Irish Sea border abomination and wonder when they vote against you.

We have yet to see the impact of the distancing of NI. I suspect it will not be pretty.

 

[flecc]

£220 million - Let's see how Boris and Hancock spins this away

Only 28 Covid patients treated in £220million Nightingale hospitals

Department of Health statistics also revealed three Nightingales - Bristol, Manchester and Harrogate - are still yet to receive their first Covid-19 patients. The hospitals cost £220million to build.

www.dailymail.co.uk

They were a crazy idea from the outset, created at a time the NHS staffing was crashing due to the recruiting from the Continent slumping and current continental staff leaving, both entirely due to Brexit.

Typical Tory expediency, failed policy plastered upon failed policy in order to try to cover an original mistake, this time that of Brexit.

 

[Zlatan]

They were a crazy idea from the outset, created at a time the NHS staffing was crashing due to the recruiting from the Continent slumping and current continental staff leaving, both entirely due to Brexit.

Typical Tory expediency, failed policy plastered upon failed policy in order to try to cover an original mistake, this time that of Brexit.

Yep, problem isn't facilities. It's manning them. I suppose overflow recuperation but do agree it was a PR stunt. If Chinese can build a hospital in 10 days, so can we.
But, to be fair, suspect it did ease quite a few peoples' minds..

 

[oldgroaner]

#

Bloody Hell! now we're being trolled by the Germans
Brexiteers much be really chuffed about that!

inevitably
Robert@euxtonbob

Replying to
@nicktolhurst
They did that on porpoise

!

 

[RossG]

Again, this might well have been widespread behaviour. But just the other day I heard about someone who was bombed out and ended up in hospital - and everything was looted. Bar one solitary item which was somehow retrieved.

I think we tend to put on our rose-tints...

Theft from homes unoccupied is burglary, during the war it was looting and the penalty was severe but generally speaking people behaved and helped each other because they were all in it together.
Interestingly it could be said the brits are showing resolve now during this crisis by just carrying on as normal albeit helping to fan the flames at the same time.