[MoF] Bank of England - Financial Report 15th-21st June

Day 2,770, 12:47 Published in United Kingdom United Kingdom by Bank of England


The Books
Treasury: £247,861 ---> £217,673 (as of 8.25pm)
Tax Income: £37,912 (-£31,937 compared to last week)
MPP Fees: -£80,000 (Mexico, Estonia, Croatia, Germany, Ireland x2, Chile & Belgium)

Market Log
Gol😛 284.715 DOWN 0.25%
Food (Q5): 0.30 DOWN 9.09%
Weapons (Q7): 7.08 UP 7.27%


Evenin’ gents o7,

Not a particularly cheerful financial report this week as we begin to feel the economic constraints of a wipe, with £6.7k in taxes being diverted to the Argentine treasury in one day alone. Our own income has almost been halved, along with productivity back to it’s basic output without bonuses. Understandably the Treasury has made a minor loss this week as MPP fees outweigh our tax income; realistically we have over £450,000 of capital to work with as we campaign to liberate the British Isles with our Irish allies.

Alas a pretty heavy drop the last few days:-



And the lost tax income to Argentina.



Military Unit Suppliers Rebate

I think the parliamentary committee has more or less died a peaceful and serene death. With fresh elections coming up on the 25th if we’re not wiped hopefully this can be shoved back on the agenda...

Office of National Statistics

IStoleYourHeart has been working on keeping price records of our fluctuating domestic market alongside the international average, in addition to changes in the monetary market. You can have a look by clicking here

His report:

As you may have already heard, I’m currently running the Office of National Statistics, which is being supported by the MoF. We’re currently tracking the prices of Gold, Food (Q5) and Weapons (Q7) in order to assist the MoF and general public in trading more effectively at the right time. We’ll be publishing current data in the weekly MoF report, and giving a short rundown on current prices and economic trends.

I’ll eventually publish a guide on what the data means for you and how to use it, as well as an FAQ at a later date; if you have any questions now feel free to send me a PM. For now, here’s this week’s ONS Report.

Gold - The general trend for this week has been steady decline, with prices normally dropping around 0.3% per day; a mid-week surge did mean that prices temporarily increased on the week, although this has since been countered by a relatively significant drop today. Overall then, we currently recommend that traders buy, with the hope that prices will pick up in the future.

Food (Q5) - Whilst we still have limited data on the food market, early indications suggest a slight decline - we recorded a 9.09% decrease on previous recorded prices, although this may sound worse than it is due to how low prices are anyway. We recommend that traders currently buy, but will need to buy in high frequencies in order to make a larger profit.

Weapons (Q7) - As with food, data is still limited on the weapons market, but we believe there will be a consistent increase in prices - we recorded a 7.27% increase on previous prices. This is likely to continue as demand increases due to the Anglo-Argentine conflict, and so we recommend that traders sell this commodity in order to take advantage.

With thanks,
IStoleYourHeart

Organisation Loans

Those who loaned an org last month have been given this month for free.

There are three orgs left available to loan for your transactions on the monetary market when you’ve exceeded your player 10g limit. If you’re interested drop me £1k and I’ll message you the login details.

Available Orgs
-Royal Navy Advertee Unit
-UK Army VI
-UK Army VIII

Kind regards from the ebil taxman o/


Appleby
eUK vCP & MoF