Reply to: A trillion pounds deposited in UK banks today

[Menelaus]

If it was the next phase of quantitative easing (which the last time I looked was approaching the £1tn mark) that might've been newsworthy, perhaps?

[Pondlife]

I thought this was about Threaded's latest invoice being paid.


Wrong again.

[DimPrawn]

In other news, £1,000,000,000,000 was withdrawn from UK banks yesterday.

Sorry guys, I needed cash for staff tips.

[Moscow Mule]

In other news, £1,000,000,000,000 was withdrawn from UK banks yesterday.

[darmstadt]

Maybe it was this bloke trying to help the economy

[HairyArsedBloke]

As I said, Richard Quest had a spokes women on from BofE to explain it all to the punters.....

PZZ

Oh, him! Snigger.

[BrilloPad]

As I said, Richard Quest had a spokes women on from BofE to explain it all to the punters.....

PZZ

Wouldn't it be better to get a spokeswoman from page 3 of the sun?

[pzz76077]

Yeah good idea.

I think that Bloomberg, Reuters, the Financial Times, and those that run the Bank of England website should do the same because they missed it too.

You would think that if, as you say, the deposits of UK banks increase in one day by an amount comparable to the whole of their capital value that it would be worthy of a mention. What a bunch of slackers!

It could be that CNN are wrong, but I find that a bit hard to believe. Or it could be that you didn't understand what they were on about, but that can't be true either.

As I said, Richard Quest had a spokes women on from BofE to explain it all to the punters.....

PZZ

[HairyArsedBloke]

Im not going to believe what CNN sais in future unless I have a reliable source like The Sun or Sunday Sport to back up their stories.

PZZ

Yeah good idea.

I think that Bloomberg, Reuters, the Financial Times, and those that run the Bank of England website should do the same because they missed it too.

You would think that if, as you say, the deposits of UK banks increase in one day by an amount comparable to the whole of their capital value that it would be worthy of a mention. What a bunch of slackers!

It could be that CNN are wrong, but I find that a bit hard to believe. Or it could be that you didn't understand what they were on about, but that can't be true either.

[MPwannadecentincome]

Im not going to believe what CNN sais in future unless I have a reliable source like The Sun or Sunday Sport to back up their stories.

PZZ

Clearly the news was outsourced - how come you were not there at the meeting?

[pzz76077]

Im not going to believe what CNN sais in future unless I have a reliable source like The Sun or Sunday Sport to back up their stories.

PZZ

[HairyArsedBloke]

Give that a trillion squidlies is of the same order as the amount that the British tax payer has 'invested' in the shares of the UK banking sector, you'd think that someone else would have mentioned this.

[pzz76077]

Nope.

Reuters



Sounds like total bollo to me.

Are you sure you're not getting confused with the announcement of asset purchase operations? example: BoE

Nope, sitting here have seen it come up on CNN 4 times in the last couple of hours.

PZZ

[HairyArsedBloke]

True.

It may be share buying in the LBG, RBS, HSBC and Barclays ... but I'm if I'm honest, I'm too lazy to go look it up.

Nope.

Reuters

Banks were under pressure on the economic outlook and following plans set out by British finance minister Alistair Darling to strengthen regulation of financial markets to prevent a re-run of the credit crunch. [ID:nL8659476]

Royal Bank of Scotland (RBS.L), Barclays (BARC.L), HSBC (HSBA.L) and Lloyds Banking Group (LLOY.L) fell between 1.9 and 4.5 percent

Sounds like total bollo to me.

Are you sure you're not getting confused with the announcement of asset purchase operations? example: BoE

[pzz76077]

True.

It may be share buying in the LBG, RBS, HSBC and Barclays ... but I'm if I'm honest, I'm too lazy to go look it up.

Me too, speak tomorrow.

PZZ