UK 08:36 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
In this podcast I look at the bleating customers of IG Index, the nature of AIM in relation to a chat with Doc, the Labour/SNP threat to Britain in the context of HSBC threatening to quit, Rosslyn Data and James Courtis Pond and again at the forthcoming AGM Of the LSE.
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Comments
Bernard O'Sullivan
Just interested to know where you get the idea from that the Labour party in 2015 is a hard left outfit.
alcira16247
Tom
Great bearcast!
Just a couple of observations:-
I agree, the banks and companies can head off wherever they please! However profits derived by conducting business here, they pay full UK tax!
No more, of this ‘clever accounting’ nonsense employed by companies such as the likes of Amazon, Google and Starbucks!
And, wasn’t it the total deregulation of banking that lead to them indulging in casino betting on currencies and derivatives, buying worthless bundles of sub prime lending American mortgages etc, that culminated in the economic crash? Wasn’t it the taxpayer that had to bail out these privately owned banks? Isn’t the re-introduction of some regulation an attempt to prevent a recurrence of these banks greed and stupidity, ruining us all again?
Since Thatcher, successive governments have followed the disastrous and flawed theory of ‘trickle down’ economics. And as the level of taxation has steadily decreased for the very richest in society and the largest of corporations so have they responded in finding ever more imaginative tax avoidance schemes…… so much for paying a fair share!
The tax gap is the measure of the difference between tax collected and the tax that would be collected if all individuals and companies complied with both the letter and the spirit of the law. The latest available figures are for 2010-11 is £32.2 billion! (God only knows what the figure is now, under reptilian Dave and hapless Osbourne’s careful stewardship!)
You can afford to pay a ruddy lot of nurses on that sum…. hell….you could even build new hospitals and fund them to actually treat people!
Maybe it wouldn’t be such a bad idea if we actually had a choice of voting for a proper hard left socialist party, either! I for one have had enough of the era of the ‘fat cats and their unquenchable greed’!
They make the Trade Unions of the Seventies seem the very model of democracy and moderation!
Matthew M
Tom, the lesson re the EUR/CHF positions wasn’t so much to do with overleveraging, more to do with the basic rule that one should not trade a ‘pegged’ currency to try and take advantage of interest rate differentials. This is particularly true in the current climate where there are several currencies in a similar position and we are in the process of a ‘global currency war’ (see James Rickards / Jim Rodgers on this subject) A trader in this case with a small exposure of 1 or 2 mini lots, just $10 – 20,000 in the market could have seen their accounts wiped out – hence the rule mentioned above…
Regards,
Matt
Daniel Victor
Bit disappointed – I thought we were actually going to hear Doc Holiday.