fredag den 16. september 2016

Remainiacs will talk us into recession if we let them

 
Remainiacs will talk us into recession if we let them

By Victor Hill

Do not underestimate the breadth and depth of the recusant remainiacs. Their mouthpieces are the BBC, the Economist and the increasingly ludicrous Financial Times. But they have extensive influence propagated by Church of England vicars, luvvies, much of the teaching profession as well as trendy entrepreneurs and a throng of bearded American economists. And don't forget most of the civil service, UNISON, the Scottish National Party, the "Real" IRA and the eggheads who run the Bank of England.

And how revealing that a cornered Owen Smith told Andrew Marr on 11 September[i] that, not only did he want to remain in the EU but he'd like us to join the Eurozone and the Schengen Area. (That's another swath of Northern Labour strongholds lost to UKIP. Well done, Owen.) I must say I never thought I'd be rooting for Jezza

Click Here To Read The Full Story

The Master Investor Market Report

  • The FTSE 100 closed the day at 6,703.45, a decrease of 26.85 points.
  • The FTSE 250 rose 44.38 points to finish at 17,796.43.
  • The FTSE All Share dropped 9.62 points to finish at 3,665.32.
  • The FTSE AIM All Share ended the day at 808.15, up by 5.99 points.

Asset management outfit Investec (INVP) said revenues for the six months ending 30th September would be ahead of the same period of 2015, but warned that operating profits would be lower due to investment in its UK business and impairments in its South African operations. Management said that they could not fully assess the impact of all potential Brexit agreements, but felt that the company was sufficiently diversified to prove resilient. The shares fell by 12.40p to 460.10p.

Don't miss our September issue! Click HERE to read.

Gold specialist Acacia Mining (ACA) shares sank 5.4% to 473p after the company revealed that it had shut down the vertical shaft at its Bulyanhulu site to refurbish and modernise the winders. While the planned work was completed in early September, repeated overheating has prevented the company from running the machinery consistently. Underground production has now ceased due to excessive build up of subterranean stockpiles.

Shares in specialist drug developer Eco Animal Health (EAH) grew 15.91% to close at 510p today after the company said that trading in the first five months on the financial year had been strong. Roughly 97% of sales are invoiced in foreign currencies and management believe that the firm will therefore also see some foreign exchange benefits when interim results are reported in December.

Monday's news today

Petra Diamonds (PDL) will release final results.

Quote of the day

"I like my players to be married and in debt. That's the way you motivate them."
- Ernie Banks

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