"Super Thursday" or damp squib?
Discussion
"Markets are on alert ahead of the UK's new economic touchstone, a Super Thursday of economic data."
http://www.bbc.co.uk/news/business-33796729
I can't see what all the excitement is about. It's August. Nothing ever (usually) happens in July/Aug except market interest gradually draining away.
I'm convinced Osborne trickled out his first 5% of RBS deliberately this week to set a low base. In other words, so that no-one who buys the shares ends up with a paper loss in the near future. I think he's hoping to see a rising share price and the chance of a better price for each slice he sells.
http://www.bbc.co.uk/news/business-33796729
I can't see what all the excitement is about. It's August. Nothing ever (usually) happens in July/Aug except market interest gradually draining away.
I'm convinced Osborne trickled out his first 5% of RBS deliberately this week to set a low base. In other words, so that no-one who buys the shares ends up with a paper loss in the near future. I think he's hoping to see a rising share price and the chance of a better price for each slice he sells.
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