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Everything posted by loginandtonic

  1. thx ken seems the majority of shops, even banks, are £3K to £12K in rates per annum. i dont know how a small biz is supposed to even pay 3K a year, they really stifle any chance with these rates
  2. SNACR thanks for replying, was hoping you might be around to give your views. the initial yields being dependent on the tenant staying in business or the landlord attracting a new tenant at the same rent of course. nevertheless seems from the auction results much to my surprise that a lot of competition for these places, over guide more often than not. are they hoping for a cut in business rates coming into law? afaik the vacant shop relief has gone, etc etc.
  3. so many of the shops being sold at the auction going for well over guide price over the last 12 mths, ie 200k instead of 150k, even this one in a pretty uninspiring positon in back of beyondville which is a very secondary (or fifthary!) parade, i know it well - small passing trade, few potential customers. http://www.auction.co.uk/commercial/home.asp?JP=LDE&A=540&ID=540000054 Guide Price £110,000 - £120,000 Result £152,000 with business rates so very high, why are new landlords taking these shops on? if the tenant goes, the landlord gets left with the business rates to pay afaik. edited bad link
  4. on my thread yesterday the published figs appeared to come to 1.5trillion exc consultancy fees, just put them through your calc, 850bn is just the banks, theres other bills listed in the press article
  5. who knows of a euros-denominated account that doesnt have high charges? co op charges 40 quid a year plus 6 a transfer, seems they all charge. so trans between euros + gbp ends up costing quite a lot.
  6. well, sky business said that the economystics had been forecasting up to 160,000 US job losses for Nov, but the Labor dept has come out + said "hi fellas, its just 11,000 - have a nice day now." thats quite a discrepency. whats that about?
  7. just announced on Sky News, brings US unemployment rate to 10%, far fewer losses than expected, but why did so many estimate 10x 15x more? whats the truth? http://news.sky.com/skynews/Home/Business/US-Jobless-Rate-Falls-To-10-Over-November---11000-Made-Redundant-Over-Month/Article/200912115491237?lpos=Business_First_Buisness_Article_Teaser_Region_0&lid=ARTICLE_15491237_US_Jobless_Rate_Falls_To_10%25_Over_November_-_11%2C000_Made_Redundant_Over_Month
  8. i've not been to dublin for a couple of years but these prices are what i would have expected to find in 2007, dont seem cheap to me, so what crash in Eire? these are the reduced prices?! gulp.. http://www.myhome.ie/residential/dublin/house-for-sale?maxprice=250000&minbeds=3
  9. in FT discussed here http://www.housepricecrash.co.uk/forum/index.php?showtopic=131837
  10. a link for the rest of us http://www.ft.com/cms/s/0/8cf0ff68-e04f-11de-8494-00144feab49a.html basically darling says he doesnt want to choke off a recovery so not really going to start repaying anything now but will present a plan on how he's going to repay + halve the deficit (think about that, clever language) in however many years he is guessing at, sorry i mean carefully worked it out. wont be his problem anyway as hung parliament or tories will be fretting over it shortly. can also be interpreted as "got no need to do anything sensible now because its make or break time for the election, might as well throw everything at making the electorate feel good to encourage a labour vote, if we dont win the election then its the tories who have the extra mess to inherit from my deferring the repayment, so who gives a monkey's!" but thats just me being cynical + for sure thats never crossed his mind
  11. that banker + his wife, they look worried. the hard working family man smiling there is blissfully unaware that thanks to the bankers he soon wont be able to drink that Moet quite so freely, probably just a glass a day from next week
  12. £76bn To purchase shares in RBS and Lloyds Banking Group £200bn Indemnify Bank of England against losses incurred in providing over £200bn of liquidity support £250bn Guarantee wholesale borrowing by banks to strengthen liquidity in the banking system £40bn Provide loans and other funding to Bradford & Bingley and the Financial Services Compensation Scheme £280bn Agree in principle to provide insurance for selection of bank assets = 846bn + £671bn Total Government spending in the financial year 2009-2010 = £1.5 trillion+ or am i calculating that wrong?
  13. http://www.independent.co.uk/news/uk/politics/163850bn-official-cost-of-the-bank-bailout-1833830.html £850bn: official cost of the bank bailout By Andrew Grice, Political Editor Friday, 4 December 2009 Government support for Britain's banks has reached a staggering £850bn and the eventual cost to taxpayers will not be known for years, the public spending watchdog says today. The National Audit Office (NAO) revealed that £107m will be paid to City advisers called in to work on the rescue because the Treasury was too "stretched" to cope with the sudden financial crisis which broke in the autumn of last year........[/u]
  14. who are these women at the party + have i paid for them aswell out of my tax money? thats nice of me. and is that a used contraceptive on the floor?
  15. have to say am surprised you have such instincts towards her, she has awful hair (badly dyed?) and reminds me of Eddie Large Kirstie, left
  16. if ever she does reach prominence that clip is going to get a lot of airtime
  17. his mind might be on http://www.houseofmistry.com/ in NW3 by the 'ospital indeed, she had forgotten the percentage it seems, she looked to the camera to ask for a retake
  18. did she say fannying about? dimbleby looked awkwardly to his right in shock
  19. that fairy's halo would seem to be doing something for mr darling's liquidity ratio if you look closely
  20. http://page.politicshome.com/uk/friday_4th_december_2009.html 'price' because they invented money to 'pay' it, that money is not there as such, we all get to work to produce it over the next, what, 20 to 40 years?
  21. interested to read your analysis, many thanks for that. every time i see a sold board i ask myself why + what they know that i dont. someone posted that those of us who think like i do are all depressive gloom merchants. i'd point to the astronomical figures (bank bailout alone is £850bn) + say analyse that.
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