Tag: BP

• Cashing in #financefriday

  It is difficult to describe the madness that has followed the “mini-budget” in the UK. The pound tanked and the stock market crashed. The FTSE 100 has fallen over 500 points. I’ve been reading posts from private investors on the forums, most of whom are Tory voters; they are not happy. I had to take…

  Mike10613

  September 30, 2022

  finance, investing

  BP, energy, GSK, Shell

• Diminishing discretionary income #financefriday

  Inflation is soaring in the UK and energy bills are forecast to reach levels that for many people are simply unaffordable. Boris, our porcine Prime Minister, has been very quiet and the contenders to replace him talk of tax cuts! We really can’t afford to give the rich tax cuts, in fact, taxes need to…

  Mike10613

  August 12, 2022

  finance, investing

  BARC, BP, Shell, STAN

• Economic ideas #financefriday

  The world economy still looks like it slipping into recession. The heads of the central banks say they have the “tools” to control inflation but inflation is way beyond the 2% target in the UK. Stock markets Stock markets have been volatile again this week. the high oil price is feeding through to keep inflation…

  Mike10613

  July 1, 2022

  finance, investing

  BP, Shell, Taylor Wimpey

• Oil, gold and crypto #financefriday

  Oil The oil price has been volatile this week and so too have the share prices of the oil majors. With the war in Ukraine showing no sign of ending anytime soon, we can expect the oil price to stay over $100 a barrel long into the future. The summer has only just begun but…

  Mike10613

  June 24, 2022

  finance, investing

  BP, Shell