Prime Minister Gordon Brown has set out his legislative programme for the last few months before the general election
Hello groucho just thought i would appear for five mins before bedtime ! Barclays profits are up i saw it announced on teletext this `morning ! thought GB would get pulled down again as they are saying the Banks he we saved are not Barclays etc nite JoJo X
a tiny bit of roberts pestons report regarding barclays.....
And £2.8bn of mandatorily convertible notes give the two buyers a dividend of 9.75%, and the ability to buy a further 33.5% stake in Barclays next June at a discount of a fifth to Barclays' share price over the past couple of days.
So Qatar and Abu Dhabi could together control just under a third of the entire bank.
That's astonishing.
That Barclays can raise the money at all is a testament to its relative strength compared to the other British banks - and in the course of today it hopes to raise another £1bn to £1.5bn from other investors.
But many jaws will drop at the disclosure that Barclays prefers what some may see as de facto nationalisation by oil-rich Middle Eastern states to nationalisation by Her Majesty's Treasury.
i can't believe it....barclays got billions in loans from arabs, who in turn sold those debts and for the life of me i can not find who too, and only got loans because the labour government have guaranteed they will not fail....hence looking after depositors....hsbc borrowed and i can't be bothered to see who from.......so we guarantee to safe guard british people but get nothing in return with others when back in profit at good price we willl sell at profit......one guarantee without reward the other obvious......
2 banks with no taxpayer support post a joint proffit of £6 billion. there must be a lesson in there somewhere for someone
Why is it most families today have some degree of dept. Thay have to sit down, and to work out the money coming into the home, and the money going out. So with all this debt the Government say we now have. How is it we still pay into to EU, the sum of £ 40.000.000 a day I belive. What do we get back in return? I think Gordon Brown should give his day job up, and become a comedian. He make's me laugh.
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