Help to Buy

494 days ago

Tom Winnifrith Bearcast: Greed vs Fear, Bailey vs Stacey

I explain why this Bearcast is late then cover how more buy notes means a worse share price performance in small caps, Flybe going bust again and how that relates to firms like Inspirit (INSP) and Aston Martin Lagonda (AML) and plans to bring back Help to Buy, the last thing this country needs. Then it is Greed vs Fear, Bailey vs Stacey.

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2447 days ago

Theresa May's £10 billion Help to Buy bribe & student giveaways - the PM is bonkers.

It is now quite clear that prices of houses in the better parts of London have fallen sharply and that the "Chelsea ripple" has already started to spread. Here in a less fashionable part of Bristol prices are off by 5-10%. The ripples are spreading. That is great news for young folks wanting to get onto the housing ladder. So what will Theresa May announce tomorrow? Madness. That is what.

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3812 days ago

Prize Caption Contest – The two Ships of Fools in the Ice & Call Me Dave with Foxy Blonde issue

I am sure that for many readers of this blog there have been two highlights of the Christmas News Season. The first came from Call Me Dave Cameron who arranged a photo shoot with a foxy blonde lady who was one of the first to use taxpayers cash to buy a flat under the Government’s Help to Buy scheme ( also known as lets bribe the fools with their own cash by inflating the housing bubble to win the election scheme).




It has since emerged that this bird (Ms Sharon Ray) did not need taxpayer’s cash at all since she drives a £33,000 sports car. Better still, the Estate Agent who pocketed a handy commission for selling the flat to the foxy bird was in fact the foxy bird herself. Great photo op Call Me Dave and I am delighted that my taxes are going to such a worthy cause. 

Only one event trumps this triumph for the heir to Blair and it was the stranding in ice packs of the Russian research vessel Akademik Shokalskiy over Christmas. This ship was carrying 52 passengers (including research scientists and, naturally, reporters from the BBC and its sister paper The Guardian) and was travelling to the Antarctic to investigate how global warming was melting the ice packs.

I would have thought that they would have been more successful had they been trying to find a bunch of Shepherds, three wise men and a virgin in Cardiff City Centre. They would at least have found the shepherds. Antarctic ice is in fact at levels not seen since modern records began. I know that the computer models 

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