Lloyds Banking Share Discussion Threads

[cheshire pete] 16/2/2020 22:01

Nowt wrong with Buxton Minerve, one of several spa towns and cities in our magnificent country.
Staying at home reduces carbon footprint so saving the planet by not holidaying abroad.

[minerve 2] 16/2/2020 21:22

nobbyk1

Reference SIPPS...

Something that not all investors know is that if you anticipate holding US stocks the double tax treaty signed with the US allows dividend payments to be made into a SIPP without the US withholding tax deducted. However, it requires some bureaucracy which some brokers fail to process and hence US stocks in the SIPP get withholding tax deducted in those cases.

If this is important to you check with the broker before choosing them. I know HL support this.

[keith95] 16/2/2020 20:38

“I always cheer up immensely if an attack is particularly wounding because I think, well, if they attack one personally, it means they have not a single political argument left.”

― Margaret Thatcher

..... the quote works for all arguments.


Not one of you managed to address the argument made.

Still, Brexiters are not alone, they have friends in the USA with exactly the same demographic and complaints but no EU to blame ....

... makes a rational person wonder why blame the EU?

hxxps://www.thoughtco.com/meet-the-people-behind-donald-trumps-popularity-4068073

More Men Than Women
More Old Than Young
Less Rather Than More Education
Lower Income Free Trade

My guess is lower education & thick as the strongest factor linking Trump and Brexit voters.

ROFL

[wendsworth] 16/2/2020 20:20

mitchy : Forgot to advise I've ALSO taken a position in BARC. 6p dividend there.Goes EX ON 27/02 .

[k38] 16/2/2020 20:05

Only a half wit like you would post such an nonsense ..lol

[bargainbob] 16/2/2020 19:40

Bredbury hall Pete 😂

[cheshire pete] 16/2/2020 19:37

Minerve: "Get used to it Gammons. I hope your health can cope with standing in queues for an hour or so. LOL"

You must be joking...if we never holidayed abroad again wouldn't lose any sleep so no chance of 'standing in queues' or suffering any other ignominy because we've left the EU. Plenty of places in UK yet to visit.

[nobbyk1] 16/2/2020 19:32

Can anyone advise what company is good to do a sipp I use selftrade for my general share dealing sorry for off topic thanks

[keith95] 16/2/2020 19:25

k38

"Last summer coming back from Crete"

Rather irrelevant.

The point was the Brexiter griping .... whether legitimate or not ....


... a point that only a half wit would miss.

[keith95] 16/2/2020 19:23

K38


"Democracy is a policy based on people's will. In modern world we do it by voting.
All politicians must and should respect people's choice."

From what I can gather ..... 52% was the will of the people in 2016.


Yet in 2019 GE, 43.8% voted for a Tory government with a "Get Brexit Done" slogan, and an outrageous anti-Corbyn campaign ....


So what are you trying to tell us? 43.8% is a majority?


The 43.8% won a majority in Parliament using the FPTP system .... these are the UK democratic rules, that obviously do not reflect democracy, and not the same thing at all.

Then we can ask, why was a referendum needed in 2016 if an anti-Corbyn vote and "Get Brexit Done" logo was enough to take Brexit through, and why UKIP failed to gain more than 1 MP in all that time whilst UK was in the EU ....


Then we can also ask how Aslef as part of the 52% feel about a Tory Brexit, given that they wanted to Brexit, put Corbyn in power to nationalise the railways.


Seems to me, that UK's electoral decision making processes are a confused mess of propaganda, misinformation and deception ....

... designed to influence the gullible. It works, see the Brexit referendum vote.


ROFL

[keith95] 16/2/2020 19:03

Jacko07

"According to your remain outlook, Brexiteers are all thick poor old duffers."

Not all but the statistical expectation is "old and thick" or uneducated, whichever you prefer.

But either way, your comments sit in line with the expectation.

[maxk] 16/2/2020 19:00

It's in the Guardian, so it must be true!




‘Fighting like ferrets in a bag’ as EU tries to plug Brexit cash hole

UK’s withdrawal has left £62bn hole in bloc’s purse for the next seven years


Daniel Boffey

Sun 16 Feb 2020 07.44 GMT




Presidents, prime ministers and chancellors across Europe will pack their bags later this week in preparation for a long weekend in Brussels. They won’t, however, be taking in the baroque majesty of the Grand Place or savouring the local culinary treats. Instead, they will be preparing for that most infamous of events, a “four shirter”, to use the clothes-packing gauge adopted by male diplomats to measure the length and horror of EU leaders’ summits in the Belgian capital. The thorny subject this time around? Money. And the problem? Britain.

The UK’s withdrawal from the European Union has left a huge €75bn (£62bn) hole in the bloc’s budget for the next seven years, 2021 to 2027. “And now we are fighting like ferrets in a sack,” said one EU diplomat with a sigh.

Covering items ranging from agricultural subsidies to science programmes and the EU’s efforts to combat the climate emergency, the new multi-annual financial framework (MFF) needs to be agreed by the leaders and an increasingly unpredictable European parliament before the end of the year. Without agreement, everything risks grinding to a halt in just nine months’ time, including the flow of cohesion funds, the cash dedicated to supporting the poorest member states.


Budget discussions in Brussels are always rancorous affairs. But this one is of a different order: everyone will have to pay more. No one wants to. EU capitals are bristling for a fight when they come to Brussels on Thursday for day one. Ominously for the diplomatic corps, an end date for the summit has not been fixed, but four days of talking are on the cards.

There are two main rivals in the budget battle. On one side are those who proudly describe themselves as “the Frugals” – the Netherlands, Austria, Sweden and Denmark (although there are some concerns within the camp that the new Austrian coalition government, being a bit Green now, has been lost to them, and that the Swedes are going soft). As the biggest net payers, the Frugals have been insisting on a budget of no more than 1% of the EU’s gross national income. The European commission’s initial proposal was for 1.1% – around €1.25tn over the seven years.

Then there are the “Friends of Cohesion”. “The Friends of Corruption, you mean?” spat one EU diplomat from a Frugal state.

The 15 under the FoC flag are the Czech Republic, Hungary, Poland, Slovakia, Estonia, Croatia, Malta, Slovenia, Bulgaria, Cyprus, Lithuania, Latvia, Romania, Portugal and Greece.

The Frugals say that the commission’s €90bn in cuts to agriculture and cohesion funding are not enough. The FoC say they are being unfairly targeted and that the richer countries should cough up some more, setting up a battle between east and west.

The debate is all the more toxic as the commission has proposed that cohesion funds should also, in the future, be conditional on member states respecting the rule of law. It is a red rag to the bulls in the nationalist governments of Hungary and Poland, who are already in a battle with Brussels over their judicial reforms, among other issues.

Then there is France and Germany. Berlin’s main concern is that they don’t come out of it looking worse than the French. In Paris, the government just worries about how much cash is going to go to its farmers, said one senior EU official. The fragmentation of the national debates leaves it impossible to say what will happen, said a second official, with even Irish politics in turmoil following the election that has made Sinn Féin the second largest parliamentary party.

Going in to the summit, the European council’s president, Charles Michel, a former prime minister of Belgium, has been engaged in furious shuttle diplomacy around the capitals.



Michel has put forward an alternative proposal for the budget to be 1.074% of the bloc’s gross national income (€1.094tn) in an attempt to split the difference between the warring camps.

“In this negotiation, we are not expecting member states to be happy, but the degree of dissatisfaction will be key,” said a senior EU official. “No chance,” responded a Frugal diplomat. “There is not a lot to say, except we won’t pay. And as the Rolling Stones song goes, ‘Time is on my side’.”