- Thu Jul 27, 2023 10:36 pm
#49888
Farage, of course, has form on this.
His premature "we lost" on Brexit count night caused a temporary surge in the pound.
One that his city friends allegedly made good use of.
Beats working for a living: eh?
kreuzberger wrote: ↑Thu Jul 27, 2023 7:59 pmYeah, the 300 million (A figure I was repeating, I don't do economics sums) was based on the damage to teh government's stake.Bones McCoy wrote: ↑Thu Jul 27, 2023 1:27 pmI woke early today. Lecky-fag, coffee, slash, and back to the pit for the start of the Today Programme.kreuzberger wrote: ↑Thu Jul 27, 2023 9:18 am "But, but, but! The NatWest belongs to the taxpayer", or so the narrative went until the evening of July 25th.And the Farage - Young - Sunak - Schapps - Braverman axis' antics have depressed the taxpayer's shareholding by an estimated £300 million.
24 hours later and with Farage, Hunt, and Sunak having wiped a billion quid off its value, that strand of the story seems to have gone quiet. Weird.
Ritchie once again demonstrates his silicon valley Midas touch.
I swear that they were quoting a loss approaching £900m. Either which way, it's the Kwasification of a bank which was finally minding its own business.
EDIT; duh, yes. £300 million is that 30-odd percent stake.
Farage, of course, has form on this.
His premature "we lost" on Brexit count night caused a temporary surge in the pound.
One that his city friends allegedly made good use of.
Beats working for a living: eh?