Omega Owners Forum
Chat Area => General Discussion Area => Topic started by: STEMO on 12 June 2020, 13:10:09
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Within ten minutes of the latest GDP figures being released this morning, the British Bolshevik Corporation had the shadow chancellor on whining about this and that and how it was a record dip in output.
No one mentioned that she holds a record herself. She is the ugliest chancellor since records began, and that was a long time ago.
I kid you not :
(https://i.ibb.co/bvryjfV/5005-CF30-ABB6-400-E-8-FDF-E762769-BDD45.png) (https://ibb.co/s1FDpB4)
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Reminds me a little of Olive Oyl.
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Not Olive from 'On the buses'
Sexist shit I think it should be banned.
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I quite liked Olive :-*
Joking aside, what do we pay these people for?
I mean the global economy has pretty much been closed in several key sectors for three months... What did they think was going to happen?
There's so much going on at the moment that boils my piss so much that I've started drinking water by the gallon just to stop my kidneys from shrivelling up >:(
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I quite liked Olive :-*
Joking aside, what do we pay these people for?
I mean the global economy has pretty much been closed in several key sectors for three months... What did they think was going to happen?
There's so much going on at the moment that boils my piss so much that I've started drinking water by the gallon just to stop my kidneys from shrivelling up >:(
Olive was a 12 pint-er. ;).......a real paper bag job.
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With a neck like that she could deep throat 😀😃😄
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With a neck like that she could deep throat 😀😃😄
Doesn't seem the meat eating type :-\
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With a neck like that she could deep throat 😀😃😄
Doesn't seem the meat eating type :-\
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No problems she could probably cope with your 2 veg as well 😄
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As my old nan would say "She's got a face that would stop a clock" ;D
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Annalise Dodds is a typical career politician who has never had a proper job. ::)
She spent years in education doing degrees, masters, doctorates and fellowships, then became a lecturer, before becoming an MEP. :)
In Brussels (and Strasbourg) she sat on a committee for economic and monetary affairs and that I guess is her qualification for the Shadow Chancellor job, and possibly Chancellor of the Exchequer. :-\
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Annalise Dodds is a typical career politician who has never had a proper job. ::)
She spent years in education doing degrees, masters, doctorates and fellowships, then became a lecturer, before becoming an MEP. :)
In Brussels (and Strasbourg) she sat on a committee for economic and monetary affairs and that I guess is her qualification for the Shadow Chancellor job, and possibly Chancellor of the Exchequer. :-\
;D ;D ;D
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Annalise Dodds is a typical career politician who has never had a proper job. ::)
She spent years in education doing degrees, masters, doctorates and fellowships, then became a lecturer, before becoming an MEP. :)
In Brussels (and Strasbourg) she sat on a committee for economic and monetary affairs and that I guess is her qualification for the Shadow Chancellor job, and possibly Chancellor of the Exchequer. :-\
;D ;D ;D
Well yes.... OK... ;D
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Makes me smile when the BBC report massive downturns of various sectors of commerce/industry. Perhaps someone should tell them that we're in the middle of a pandemic.
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Annalise Dodds is a typical career politician who has never had a proper job. ::)
She spent years in education doing degrees, masters, doctorates and fellowships, then became a lecturer, before becoming an MEP. :)
In Brussels (and Strasbourg) she sat on a committee for economic and monetary affairs and that I guess is her qualification for the Shadow Chancellor job, and possibly Chancellor of the Exchequer. :-\
;D ;D ;D
Dont know why your laughing. The Tories are obviously a Government devoid of talent or ideas and another couple of years of their stumbling and bumbling could make Labour without Corbyn a shoe in for the next election.
This time next year the MSM will be convincing the sheeple that the Tories have murdered 50,000 of their own people.
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Plus remember we were heading (and some figures show clearly) for a monumental recession before anyone had even heard of the sniffle thing, due to uncertainty* in the economy following May's inability to do the impossible, and BoJo's I'm Alright attitude.
*no real uncertainty, we knew we were in for a massive UK crash.
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You knew, but no-one else did. :P
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Annalise Dodds is a typical career politician who has never had a proper job. ::)
She spent years in education doing degrees, masters, doctorates and fellowships, then became a lecturer, before becoming an MEP. :)
In Brussels (and Strasbourg) she sat on a committee for economic and monetary affairs and that I guess is her qualification for the Shadow Chancellor job, and possibly Chancellor of the Exchequer. :-\
;D ;D ;D
Dont know why your laughing. The Tories are obviously a Government devoid of talent or ideas and another couple of years of their stumbling and bumbling could make Labour without Corbyn a shoe in for the next election.
This time next year the MSM will be convincing the sheeple that the Tories have murdered 50,000 of their own people.
It's a fair point. By 2024 no-one in the 18-32 year age group will have experienced a Labour government and as Albs points out, if the stumbling and bumbling carries on.... ::)
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Every 18-32 in the country can vote Labour if they want to, pensioners are the fastest growing group and we'll marmalise them ;D
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Oh yes we will..😄
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No sign of the G20 meeting and formulating a plan for the world. This recession is likely to be far worse than the 2008 job.
Back then the G20 had a plan. We worry about what life will be like for us in the 1st world countries. Spare a thought for third world manufacturing countries.
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No sign of the G20 meeting and formulating a plan for the world. This recession is likely to be far worse than the 2008 job.
Back then the G20 had a plan. We worry about what life will be like for us in the 1st world countries. Spare a thought for third world manufacturing countries.
You mean the slaves?
The world over, there's expansion in previously untapped sectors.
Also this cannot be compared to 2008. Not even close. That was bought about as a direct result of twenty plus years of uncontrolled greed in a single industry.
The current situation is a direct response to protecting the global population, which in the long run also protects the global economy by not killing off the very thing that allows companies to produce and sell stuff... People.
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The last financial meltdown was a global event, made much worse in the UK by Gormless McRuin,s criminal mismanagement of the economy.
Despite this, most of the MSM have spent the last 12 years convincing many people that the reason the country couldnt give every "good cause" a blank cheque was because the Tories are evil and wanted to impose their evil austerity on "poor people" so lots of them would die in abject misery and poverty.
The root cause - the global finacial crisis, was ignored, then soon forgotten about.
Exactly the same will happen if, as expected, the economy is in dire straits after the Covid crisis ends.
In a couple of years time, according to most of the MSM, the only reason the country will have no money, will be because of those evil Tories again. And plenty of people will believe it.
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Coming into 2020, my (meagre) pension pot was at £36k, up about £6k from June '19.
By mid Feb, it had dropped to £26k :o
Currently, it is back upto £33k. Which is nice.
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Ive stopped loking at mine. Its too upsetting. :'(
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Fortunately got all mine now Army NHS + Civil Service & State Pension so was able to hand my notice in this week at HMPS simply not worth returning after 12 weeks of shielding to that environment, still got a gratuity to come from HMPS but that could take up to 3 months to process hopefully we will be back to some kind of normality by then & be able to enjoy it.
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Now I am not paying everyone else, I was hoping to start properly contributing to it, but Batflu isn't helping with that...
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As my old nan would say "She's got a face that would stop a clock" ;D
A face for radio.
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It's a shocker opening this thread to be confronted with that! :o :-\
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Coming into 2020, my (meagre) pension pot was at £36k, up about £6k from June '19.
By mid Feb, it had dropped to £26k :o
Currently, it is back upto £33k. Which is nice.
I recently got my annual statements, which were dated as April 24th, apparently both pots had declined about 10% since last year to a total of about £25k. On balance I thought that indicated that they were being pretty well managed, no idea what they're up to now as I don't bother to look that often. Hopefully they'll have taken a bit of a bounce though.
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My annual pension statement arrived for my current pension, not including what I'd paid in for the year, it had only lost £4k. So in reality, it lost well over £15k in the last year :(
So much for the usual projections based at 4/6/8% annual growth that the FSA allow :(
Thank god for the state pension. Assuming that doesn't get canned by the time I get there.
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I haven't been paying into mine since 2015, any additionals being what's gone in from consolidating a couple of works schemes together, although I opened a SIPP about 18 months ago which now has everything in it, albeit invested relatively aggressively... One fund is sitting around 18% but has been up to 26% :o
The four funds the SIPP is spread across generally sits at an average of 10-12%, but a really crap 'safe' work pension that I can't do anything to averages 0% which brings the 'official' average down somewhat. ::)
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I'm not sure I could handle that level of volatility, I'd be a nervous wreck. :D
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I've made one major change from the initial investments...
(not counting the woeful work pension, 5% of total pot) the original pot was spread across five mutual funds. Gave it six months and one fund was clearly under performing, so I sold it and spread the proceeds equally across the remaining four funds.
Day to day the returns percentages can really bounce around, but remember, the point is long term growth, so absolutely nothing to be gained from panicking everytime the markets sneeze. Which is why i didn't swap it all for gold and bitcoins in February ;D
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I've made one major change from the initial investments...
(not counting the woeful work pension, 5% of total pot) the original pot was spread across five mutual funds. Gave it six months and one fund was clearly under performing, so I sold it and spread the proceeds equally across the remaining four funds.
Day to day the returns percentages can really bounce around, but remember, the point is long term growth, so absolutely nothing to be gained from panicking everytime the markets sneeze. Which is why i didn't swap it all for gold and bitcoins in February ;D
My advisor in Nigeria insisted that Bitcoins were the way forward so I gave all my money to him , funnily enough I haven't heard from him in a while , I really should check , I'm sure it'll be OK :y
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Day to day the returns percentages can really bounce around, but remember, the point is long term growth, so absolutely nothing to be gained from panicking everytime the markets sneeze. Which is why i didn't swap it all for gold and bitcoins in February ;D
100% agree. It's why I always wonder about the wailing and gnashing of teeth from people when there's a crash (moneybox live is an amazing source for this nonsense). Assuming investments are appropriately diverse, and they don't need their value, in cash, immediately, just wait it out. ???
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The only time a 'crash' (which is defined as a 40% drop by the way) matters is if it happens less than about 5 years from when you actually need to start drawing the money. Investments should be viewed over a 10 year period. If it's more than 10 years till your retirement date then during and immediately after a crash is probably the best time to invest - you get more for your money. If it's less than 10 years you should probably be selling the higher risk stuff and concentrating on UK bases gilts and bonds. These will be much less volatile, but give much lower growth (there are other stratergies but de-risking is probably best for a novice investor).
Day to day week to week or month to month variations of +/-5% shouldn't concern you. If they do, then you've invested above your true risk profile. We've been in a bull market for about 10 years (till Feb/March 2020) so anyone who has only started investing in that time has only known the good times which has probably lead to a lot of people investing well above their risk level. Then when the CV19 problems hit, the markets drop, and the punters panic and sell - crystallising their losses. Don't.
Most of my investments are back to their Jan 2020 levels now. And some of the stuff I bought in Feb/March is 50% up.
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So much for the usual projections based at 4/6/8% annual growth that the FSA allow :(
The FSA rates have been 2/5/8% since 2014. These are before inflation (typically 2-3%) and before costs (typically 1-2%), so in reality is the FSA rates should be viewed as -2%, 0%, 3%.
My main pension pot was down 2% at its valuation date (mid March), but has bounced back by 10% in the 3 months since then.
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Plus remember we were heading (and some figures show clearly) for a monumental recession before anyone had even heard of the sniffle thing, due to uncertainty* in the economy following May's inability to do the impossible, and BoJo's I'm Alright attitude.
*no real uncertainty, we knew we were in for a massive UK crash.
Uh ,Uh ....here we go again ........... ::)
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Plus remember we were heading (and some figures show clearly) for a monumental recession before anyone had even heard of the sniffle thing, due to uncertainty* in the economy following May's inability to do the impossible, and BoJo's I'm Alright attitude.
*no real uncertainty, we knew we were in for a massive UK crash.
Uh ,Uh ....here we go again ........... ::)
The facts are there already, but the true believers* will make out its related to the sniffles, despite that not impacting even the Chinese economy until 2020, and Western economies until late Feb (despite its reliance on Chinese manufacturing)
*Or brainwashed, depending which side of the divide an individual is viewed from.
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Markets are fluid, and Batflu has actually encouraged significant growth in areas that might have otherwise remained underachieving.
I would politely suggest that your pension funds have been mismanaged and misinvested and continue to be that way if they tank everytime the political or fiscal winds blow.
Diversification and an element of risk* go a very long way to well chosen funds significantly and repeatedly outperforming traditional pension portfolios. Especially as you literally have the world to invest in. Basically you can't complain that your pension pot isn't growing if you're blindly dropping 150% of your additional investment into something that is clearly broken.
Spending £800 a month on lottery tickets will out perform your current pension investments.
*Risk is subjective, but the FSA risk levels make the Third Reich seem liberal.
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Spending £800 a month on lottery tickets will out perform your current pension investments.
A (financial) friend of mine suggested that her Premium Bonds investments were returning her 1.3% currently, so she was seriously considering investing their rather than cash ISAs this year. Obviously, the growth is down to luck.
So I dug out my Premium Bonds and checked the numbers.... ...not even 1p in over 40 years of owning them ;D. Hardly surprising, as despite doing the lottery every week for 3 years when it started, never won a penny there either ;D
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In which case, you're going to need this for retirement...
https://youtu.be/0Co1Iptd4p4
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In which case, you're going to need this for retirement...
https://youtu.be/0Co1Iptd4p4
The TEDx talk ( next suggested play from the link you shared) is a good watch. :y
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In which case, you're going to need this for retirement...
https://youtu.be/0Co1Iptd4p4
The TEDx talk ( next suggested play from the link you shared) is a good watch. :y
Shall have a look at that in a spell :y Currently watching American Gospel on Netflix...
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Spending £800 a month on lottery tickets will out perform your current pension investments.
A (financial) friend of mine suggested that her Premium Bonds investments were returning her 1.3% currently, so she was seriously considering investing their rather than cash ISAs this year. Obviously, the growth is down to luck.
So I dug out my Premium Bonds and checked the numbers.... ...not even 1p in over 40 years of owning them ;D. Hardly surprising, as despite doing the lottery every week for 3 years when it started, never won a penny there either ;D
I've had 2 £25 wins in the last six months from my premium bonds :P
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Spending £800 a month on lottery tickets will out perform your current pension investments.
A (financial) friend of mine suggested that her Premium Bonds investments were returning her 1.3% currently, so she was seriously considering investing their rather than cash ISAs this year. Obviously, the growth is down to luck.
So I dug out my Premium Bonds and checked the numbers.... ...not even 1p in over 40 years of owning them ;D. Hardly surprising, as despite doing the lottery every week for 3 years when it started, never won a penny there either ;D
I've had 2 £25 wins in the last six months from my premium bonds :P
Luck aint my friend, clearly ;D
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Never won a thing with premium bonds so cashed them in , had several wins on the National Lottery biggest was around £14,000 won a Ford Ka in 2005 in a raffle & gave it to my daughter as her Renault clit was on its last legs, so all in all I've had my share of luck..😎
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Oops just noticed Clit ! Should be clieo 😄😀😃
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Never won a thing with premium bonds so cashed them in , had several wins on the National Lottery biggest was around £14,000 won a Ford Ka in 2005 in a raffle & gave it to my daughter as her Renault clit was on its last legs, so all in all I've had my share of luck..😎
Never mind all that, when are you cooking the Sunday dinner?
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Funny enough we were talking about that today, it's on for this weekend roast pork 😃
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Funny enough we were talking about that today, it's on for this weekend roast pork 😃
Don't be afraid of it, it's only food.
Also....realise that if you cook it well, it's then your job. You're wife will start saying to people "Mick cooks a lovely Sunday roast, do you want to come over when all this nonsense is over". ;D
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Funny enough we were talking about that today, it's on for this weekend roast pork 😃
Don't be afraid of it, it's only food.
Also....realise that if you cook it well, it's then your job. You're wife will start saying to people "Mick cooks a lovely Sunday roast, do you want to come over when all this nonsense is over". ;D
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Watch this space , will let you know how it goes ..😃
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Funny enough we were talking about that today, it's on for this weekend roast pork 😃
Don't be afraid of it, it's only food.
Also....realise that if you cook it well, it's then your job. You're wife will start saying to people "Mick cooks a lovely Sunday roast, do you want to come over when all this nonsense is over". ;D
Is that code for "we're having a gay orgy"?
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Funny enough we were talking about that today, it's on for this weekend roast pork 😃
Don't be afraid of it, it's only food.
Also....realise that if you cook it well, it's then your job. You're wife will start saying to people "Mick cooks a lovely Sunday roast, do you want to come over when all this nonsense is over". ;D
Is that code for "we're having a gay orgy"?
Give it a fickin rest, willya. ;D
Men are much better at it than women, hence all the Michelin starred chefs are male.
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Funny enough we were talking about that today, it's on for this weekend roast pork 😃
Don't be afraid of it, it's only food.
Also....realise that if you cook it well, it's then your job. You're wife will start saying to people "Mick cooks a lovely Sunday roast, do you want to come over when all this nonsense is over". ;D
Is that code for "we're having a gay orgy"?
Give it a fickin rest, willya. ;D
Men are much better at it than women, hence all the Michelin starred chefs are male.
Gay males, get it right.
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Funny enough we were talking about that today, it's on for this weekend roast pork 😃
Don't be afraid of it, it's only food.
Also....realise that if you cook it well, it's then your job. You're wife will start saying to people "Mick cooks a lovely Sunday roast, do you want to come over when all this nonsense is over". ;D
Is that code for "we're having a gay orgy"?
Give it a fickin rest, willya. ;D
Men are much better at it than women, hence all the Michelin starred chefs are male.
Gay males, get it right.
I love to be there when you told Gordon Ramsey that. ;D
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Funny enough we were talking about that today, it's on for this weekend roast pork 😃
Don't be afraid of it, it's only food.
Also....realise that if you cook it well, it's then your job. You're wife will start saying to people "Mick cooks a lovely Sunday roast, do you want to come over when all this nonsense is over". ;D
Is that code for "we're having a gay orgy"?
Give it a fickin rest, willya. ;D
Men are much better at it than women, hence all the Michelin starred chefs are male.
Gay males, get it right.
I love to be there when you told Gordon Ramsey that. ;D
Who?
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Funny enough we were talking about that today, it's on for this weekend roast pork 😃
Don't be afraid of it, it's only food.
Also....realise that if you cook it well, it's then your job. You're wife will start saying to people "Mick cooks a lovely Sunday roast, do you want to come over when all this nonsense is over". ;D
Is that code for "we're having a gay orgy"?
Give it a fickin rest, willya. ;D
Men are much better at it than women, hence all the Michelin starred chefs are male.
Gay males, get it right.
I love to be there when you told Gordon Ramsey that. ;D
Who?
Shouty bloke from the telly box...
Say Opps alot ;D
Actually you'd probably get on...
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Funny enough we were talking about that today, it's on for this weekend roast pork 😃
Don't be afraid of it, it's only food.
Also....realise that if you cook it well, it's then your job. You're wife will start saying to people "Mick cooks a lovely Sunday roast, do you want to come over when all this nonsense is over". ;D
Is that code for "we're having a gay orgy"?
Give it a fickin rest, willya. ;D
Men are much better at it than women, hence all the Michelin starred chefs are male.
Gay males, get it right.
I love to be there when you told Gordon Ramsey that. ;D
Who?
Shouty bloke from the telly box...
Say Opps alot ;D
Actually you'd probably get on...
Yep. Stella, blokey jokes, kisses and cuddles ;D