Treasury looking at a "Tell Sid" stocks & shares campaign

Section62

Exodi said:

Andrew Griffith, the economic secretary to the Treasury, said ...

“Increasing individual share ownership is also about changing culture, attitudes to risk and supporting individual responsibility.”

Andrew Griffith, the economic secretary to the Treasury:

“Increasing individual share ownership is also about changing culture, attitudes to risk and supporting individual responsibility.”

I really hope this is referring to individual people and not individual shares. Last thing we need is the public with what little money they have left YOLO'ing it on TSLA...

I'm optimistic it is the former, but it just seems like such a random word to throw in when the sentence makes just as much sense without it.

The second use of "individual" in the quote does suggest he was talking about individual people, not individual shares.

Malthusian

John464 said:

Depends which way you look at it I suppose.
You could say the policy which did most to achieve a share owning democracy was public ownership of our housing, public transport, power and water supplies etc when everyone had a share in them.

Except we didn't. If your definition of a share owning democracy means that the most shareowningest most democratic country is North Korea where every single industry and asset is owned by "the people", then your defnition of "white" is "black".

Section62

Exodi said:

> Cost of living crisis, escalating costs of many essential goods, energy prices out of control, spiraling interest rates causing unaffordable mortgages and rents, debt charities reporting record high numbers

> "Here's what you can do with all of your spare money".

Although the 10pm news would have you believe everyone is having to eat stale bread and turnips whilst freezing to death, that doesn't seem to be the case in reality.  Hence (for example) it is still almost impossible to get traders to do any building work in the near future unless you are willing to pay well over the odds.

Maybe the message "Here's what you can do with all of your spare money" is intended for those who have Covid-cash still burning a hole in their current account, with a view to getting them to invest it in something other than bricks-and-mortar or the latest gadget from China?

The two paragraphs in your post aren't mutually exclusive.

P.s. "energy prices out of control" is so last-year.

Nardy

Adyinvestment said:

Apparently the Treasury are making plans to encourage us all to invest

treasury-plots-tell-sid-campaign-050000467.html

They'll have to do a better job than last night. What many share buyers seemed to be impressed with back in the 80's, was blokes in red braces in the city drinking Champagne and making fortunes from short-term speculating and not long-term investing. I was in the gas industry at the time and many there were selling their free shares and discounted shares as soon as selling didn't incur income tax. They weren't selling to invest elsewhere but to put towards a car or holiday.