Discover and read the best of Twitter Threads about #gms

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Thread examining SNP Westminster leader Ian Blackford's comment on Good Morning Scotland.

He claimed that ScotGov is passing on "every penny" of funding it's receiving for covid.

But just how true is this? What does Audit Scotland say?
#GMS #AuditScotland #IanBlackford
▶️GMS 20/12/2021

Ian Blackford to GMS argues "every penny" of money received for covid will be spent on mitigating covid. He describes this as a 'commitment', 'promise', 'guarantee' that ScotGov will deliver.

But what does Audit Scotland say?
▶️Audit Scotland News Release 16/12/2021

"The Scottish Government needs to be more transparent about its spending in response to the Covid-19 pandemic, following a year in which its budget grew by a quarter"

Audit Scotland suggests a need for greater transparency
Read 14 tweets
Expect massive churn at #MCLS given size of raise but board bought, market looks backwards & I think it’s a buy. Now got capital to accelerate facia rollout - IF next 100 stores show same lfl uplift as first 65 (3 year payback) then mkt will rerate in anticipation of same
cash per store uplift from targeted 800 off 1150 in estate. @research_tree carries good notes. My maths (dyor) is eps 11p to give pe 1.7 - lots like #GMS (I am long too) but on execution of day rates it’s still levered (very) has refinancing risk & is
Middle East ! This is U.K., would be modestly levered by that stage - 800 stores revamped. Should it be cheap - for sure but Tesco trades 12* leases / debt but leader so why not 4 * pe here. Worth doing the home work here. At some stage the low pe rocket brigade will arrive 😂
Read 4 tweets
Les masques tombent ! La grande distribution a stocké des CENTAINES DE MILLIONS de masques CHIRURGICAUX pendant que les soignants (médecins, infirmières, aides soignants, pharmaciens, preparateurs...) se sont vu distribuer depuis des semaines ces masques au compte goutte 1/n
pour raison de pénurie et que le reste des français n'avait pas accès a ces masques !
225 millions chez carrefour (…) 100 millions chez intermarché et pareil pour les autres, be vous laisse chercher les chiffres mais ils sont tellement vantards et fiers 2/n
qu'ils ne s'en cachent même pas. Auchan a même avoué avoir des stocks de FFP2…
La santé de tous nos soignants et de tous les français restés en première ligne et de leurs familles ne vaut donc pas grand chose devant le profit de la grande distribution 3/n
Read 14 tweets

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