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If companies go bust because they can't or won't cope with a lower cap, then maybe they'd be better back in public ownership. Here's a better option: Re-nationalise the main energy retailers, at a cost of around 3bn (current share value). That's about the same as the Government has put in over...

I'm pretty sure there are better options. I'd start with ones that don't involve loaning private companies public money so that they can continue to make huge profits in a crisis.

It's the whole 'man/woman of the people' bollocks that well-off Tories try to pull. A bit like Truss claiming that she went to a rough school in Leeds when in fact it was one of the best schools in Yorkshire. They're one of us, you see. They feel our pain.

Can I just say now, before it all starts, I don't think I'm the right person to be 'tribute' for district CV. My archery skills aren't up to it.

I'd suspect a propaganda/psy-ops campaign by Russia here, getting a message like this passed around in an attempt to demoralise Ukrainian forces. Variations of this have been going on for a long time. In the old days it was leaflets and radio broadcasts, I'd guess it's moved on to WhatsApp and...

I think they're hanging an awful lot on this potential refinancing of the bond. I'm not convinced it's going to happen, personally, but even if it does it doesn't resolve the huge structural issues at Wasps. If anything taking on more debt at higher interest (which seems the most probable...

In fairness Palmer is 25 and Kane is 28, so neither of them are completely ancient yet. If either of them have (or had) outstanding seasons then you could probably expect a reasonable profit if you then wanted to sell them on. I even get why we might have reasonably expected more from Waghorn...

Absolutely, which is why the bondholders are getting organised to take action. There's a pattern of behaviour here which has become evident - keep kicking the can down the road and hope for the best. Investors and creditors get tired of that eventually...

Not illegal, but they clearly said that they would formalise a consent solicitation process in August, and they've evidently not done so. It's going to even further erode the trust between the bondholders and the club, which is already at rock bottom in any case. If or when a deal is...

I've got to be honest and say that I'm not sure it's quite as bad as some here feel, though I respect opinions differ. If we take Luton as an example of "good" recruitment it looks like they also often look for Championship experience. And like us, not all of their recruitment necessarily works...

A little from column A, a little from column B. 🙂 We're definitely not getting the rub of the green at the moment, but possibly we're not doing enough to make our own luck either. The delayed start to the season hasn't done us any favours, but that looked like an odd team selection too, imho...

As a slight aside, Worcester are right in it. Won't fulfil a pre-season friendly this week because playing staff haven't been paid. Premiership rugby can't survive like this, let alone clubs that are already massively in debt like Wasps.

Shadiness abounds! According to the bondholder forum the bonds can't be relisted (i.e. traded on the stock exchange) until the accounts are audited and released. Relisting is a key component of the Consent Solicitation (the bit where Wasps ask the bondholders to accept reduced or extended...

It's not going well for them is it. Saying that, I'm impressed with how much public money Wasps seem to be able to screw out of the council/WMCA...

It's not such a good deal if you've lost all of your principal though, and it's the only pot you've used for your investments. I have sympathy, but I'm not sure everyone who piled into the bonds really understood the risk.

Ah, that's interesting, I missed that. So in essence the bondholders couldn't force the sale of the p-shares, but could in theory benefit if Wasps chose or were obliged to sell them? My gut feel is that Wasps are getting busy trying to protect themselves from the bondholders calling it all in...

I've got some sympathy here, but even at the time a relatively small amount of research would have made it evident that there was always a level of risk in these bonds. Putting everything in this pot wasn't really a great choice. That said, I genuinely hope she gets some of it back. The...

Fwiw I've never had much joy with the power lines extenders personally. The Virgin ones were spectacularly awful; apart from never really working they got so hot I thought they were going to catch fire (turns out this was a fairly common issue!). I begrudged having to buy my own extra kit on...

Fwiw, I just hard wired a cheapish wireless router (£30-ish) to the hub for the upstairs bedroom/office. This to provide solid WiFi upstairs. Then cabled direct to that upstairs router for my works laptop to give maximum speed and reliability for work. I had to do that for the Virgin kit...