Lloyds Banking Share Discussion Threads

[high value chips] 23/9/2020 13:34

Well said K38 on your previous few posts!

UK should standup to those EU 'bullies' , its payback time if the PM can handle it!
What a opportunity for UK to power forward as the EU chains are cut for good.


Viva UK!


Cheers

[k38] 23/9/2020 13:24

By destroying the exports and industries of others, Germany became an economic power in Europe. Brussels (even if they have to hold back their own plans) will do what Germany will tell them and... Germany needs UK market even more than before. This is why I believe we will have a last minute deal!

[xxxxxy] 23/9/2020 13:21

Today: Internal Market Bill clears Commons and won't return until after EU summit. Meanwhile, EU set to reveal controversial mandatory migration rules as the British media is in hysterics over the government's worst-case scenario planning.Internal Market Bill clears crucial Commons hurdle: The Internal Market Bill, enabling the UK to neutralise EU threats in the event of a no deal Brexit, has cleared the committee stage after an amendment tabled by the government was accepted without the need for a vote. The legislation will return to the Commons next week with ministers intending to delay its final stages in the Lords until after a crunch EU summit in mid-October where they hope to sign off on a trade deal meaning the Bill would not return to the Commons again until December, just weeks before the transition period ends. Timetable gives EU a window to get serious:  With the Internal Market Bill to be used as a last resort if the EU continues to negotiate in bad faith, Downing Street are hoping the EU can use what little time is left to get serious about reaching an agreement, using the summit as a chance to get a deal done. The move is being seen as an attempt to curb fears in Brussels over the Internal Market Bill, giving leaders an opportunity to hash out a deal at the make-or-break summit. Delaying its passage suggests ministers are keen to give negotiators as long as possible to reach agreement over the border even if trade talks collapse. Sources also told the Times that despite posturing on both sides, some progress had been made on the issues of subsidies and checks on goods crossing the Irish Sea, so it looks like Downing Street's plan of focusing minds may be beginning to pay off.Another source said that if a deal could be struck ministers could withdraw the bill. "If we can reach a deal there will be no need for them," they said.EU plans for no-deal future: This comes as Brussels starts planning for the future on the basis of a no deal with Britain. According to the Sun, Eurocrats will issue their next economic forecast for the bloc expecting such an outcome. In the meantime, David Frost and Michel Barnier will hold informal talks to set out a way forward when they return to the negotiating table in Brussels at the end of next month. Media hysteria over worst-case scenario planning: Much of the British press are focusing on the government's 'worst-case scenario' planning. The letter sent to logistics groups warns that if trucks crossing the Channel are not ready for new regulations, and if there is a lack of capacity to hold unready trucks at French ports, then you could see a reduction in the flow of traffic across the strait to 60-80% of normal levels.Of course, the government has always known that they can be as prepared as they like and still complications will arise, and even then traffic going across the Channel still depends on how ready the French ports and infrastructure is. In the letter Michael Gove says "Simply put, if traders, both in the UK and EU, have not completed the right paperwork, their goods will be stopped when entering the EU and disruption will occur. It is essential that traders act now and get ready for new formalities."The potential for disruption at the border has always been a possibility, particularly in the event of a no-deal, but many news sites this morning are treating this 'worst-case scenario' as if it is happening on the M20 right now with Playbook even calling it 'no-deal doomsday'. Swiss to vote on tearing up EU free movement pact: Swiss voters will decide on Sunday whether or not to tear up a pact with the European Union on the free movement of people with the vote being backed by the country's largest parliamentary party. An EU treaty in Switzerland was also stalled after critics warned that it would force Bern to routinely adopt single market rules, infringing too much on Swiss sovereignty. EU's new mandatory rules on migration: The EU is set to detail new, mandatory measures on managing migration. The German-backed migration pact is expected to provide funding for member states in return for hosting refugees. Previous similar proposals have been met with a lot of opposition from member states and Austrian Chancellor Sebastian Kurz has already cast doubt on the idea of distributing asylum seekers across Europe. "It won't work like this," he told the AFP news agency.On the site today: The first of today's articles is written by Jacob Young, the Conservative MP for Redcar and Harry Theochari, the chair of Maritime UK. It calls for support for the UK's coastal communities and to put them at the centre of the UK's economic recovery. You can read the full article here.Our second article is from Jayne Adye, director of grassroots Eurosceptic campaign Get Britain Out. Her article addresses some of the problems with the Withdrawal Agreement that still persist even with the Internal Market Bill. You can read the full article here.For the latest news and developments throughout the day, please do follow @GlobalVision_UK on Twitter.Thanks for reading, and enjoy the rest of your day.

[poikka] 23/9/2020 13:09

This tells a story about the inequalities in the EU concept - the German PMI is coming in at 53.7, while the eurozone PMI, as a whole, is registering 50.1 in September.

Leave it to readers imagination to consider the implications for the periphery countries.

UK is 55 something.

[sikhthetech] 23/9/2020 12:50

scruff,

there are lots of reasons why shares can move but this morning the ftse is up because the govn announced new restrictions which were more of a 'warning' than a stricter lockdown, so they weren't as bad as feared.

[k38] 23/9/2020 12:46

Brussels has one interest in UK, to control LONDON finance and business. Whoever control London controls the world money.

[k38] 23/9/2020 12:42

Pls use the word "Brussels"... EU means (dead now) European (countries) union.

[minerve 2] 23/9/2020 12:40

Yeah, right cheshire.

Can we all have some of that space dust your consuming.

ROFLMAO!

[cheshire pete] 23/9/2020 12:36

EU will soon get past the paperwork if it means they're going to run short. We'll have trade deals all over the world. EU can go whistle if they try and be difficult.

[investtofly] 23/9/2020 12:30

The truth is they don't know what to do so are putting tighter restrictions until we revolt

[investtofly] 23/9/2020 12:24

So the Virus is on the increase, so why are the enforcing lockdown on people living here then on the next breath allowing airlines from infected countries to fly into the U.K. Some have even increased their schedules ie Air India

[mr.elbee] 23/9/2020 12:09

Boris will be gone by Xmas..he cant live on the money

[cheshire pete] 23/9/2020 11:49

For years the lefties have been banging on about UK being service sector based and no longer (union backed) manufacturing. Is it not the case though that service industries will recover from the pandemic more quickly as not as reliant on complex supply chains, materials, components etc.? We can recover quicker than other European countries, and looking at the COVID case graphs of Spain and Italy the gradients are less steep, which is also encouraging.

grahamite: Boris is a liberal conservative and believer in freedom of the individual rather than state control and I can't believe he'd be taking these steps unless he's absolutely convinced that they're necessary.

[utrickytrees] 23/9/2020 11:47

Spain's death rate has jumped up a bit tbf. It's all well & good folk staying look at Sweden they can have gatherings of 50 blar blar blar, but our country is full of folk who dont speak english or are following Sharia covid guidelines.

[scruff1] 23/9/2020 11:27

chavi
I too thought the advert was really good.
sikh
no idea what caused a bit of upward movement but the share price doesnt move BECAUSE the ftse moves. It may mirror it but I think most of us have been here long enough to know that(frustratingly) it often moves in a different direction.I still would hope that shorters are considering closing although I wonder if not what they see as being their stopping price.

[grahamite2] 23/9/2020 11:22

For once I can't agree with you, cheshire pete. Boris is doing everything he can to destroy the industry and the finances of this country and he is trampling over our civil liberties to a degree literally never seen before. This might be justified if we were facing something like the black death but we aren't.

[sikhthetech] 23/9/2020 11:07

The share price moved up because the ftse recovered a bit.
Traders trading, nothing more than that.

Q3 ends next week, Q4 should be interesting for the stockmarkets...

[cheshire pete] 23/9/2020 10:57

Thought Boris was very good with his statement last night. Showed gravitas right for the occasion. In the middle of a pandemic he's hardly going to be acting the clown or buffoon like as per Brexit and election campaign mode.
Write him off at your peril....remember the pundits doing the same with Sir Alex Ferguson early on at Man.U and then look what happened. Still charismatic and in a different league to the rest.

[xxxxxy] 23/9/2020 10:53

No Deal.WTO.Bestest

[utrickytrees] 23/9/2020 10:52

Minerve posting from Bob's sphincter.