Share Name Share Symbol Market Type Share ISIN Share Description
Lloyds Banking Group LSE:LLOY London Ordinary Share GB0008706128 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.17p +0.27% 62.63p 62.63p 62.65p 62.68p 62.04p 62.41p 116,064,909 16:29:59
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Banks 34,237.0 5,275.0 4.4 14.2 45,067.37

Lloyds Share Discussion Threads

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DateSubjectAuthorDiscuss
21/7/2018
13:52
This artcile was posted on the JTC thread by MT .. many thanks Brexit - The Nation should trust the fanatical remainer establishment charlatan's at their peril according to Professor David Blake. We need a clean Brexit, not the plan dreamed up by Whitehall's Mad Hatters - Professor David Blake, Cass Business School and the Economists for Free Trade hTTps://www.telegraph.co.uk/politics/2018/07/20/need-clean-brexit-not-plan-dreamed-whitehalls-mad-hatters/?li_source=LI&li_medium=li-recommendation-widget As every schoolchild knows, quantum entanglement is the theory that the same particle can be in two different parts of the universe at the same time. A similar analogy can be applied to the government’s Brexit White Paper released on 12 July. While an uneasy truce has broken out in the Tory party over the last few days, the fundamental problems with the White Paper will surface again in the autumn. As Michel Barnier has said repeatedly, only the combination of the European Union’s single market and the customs union removes UK-EU borders. Outside of the customs union there need to be procedures and customs controls. And outside of the single market you necessarily have controls to check compliance with export standards. In short, the integrity of the single market, the customs union and the EU legal order is inviolable. Nevertheless WTO rules – which all countries also have to obey – mandate “seamless” borders and non-discrimination in standards which should avoid the border “frictions” that occur with UK-EU trade once the UK becomes a third country, much as it does with EU trade with other non-EU countries. Yet the White Paper believes that the UK – to achieve frictionless trade outside both the SM and CU – needs to stick to a common ­rulebook with Brussels on goods and agricultural produce; and at the same time that the UK will still be able to implement trade deals with the rest of the world that this rulebook in effect forbids. In short, the Brexit White Paper believes in quantum entanglement with the UK being both inside and outside the SM/CU rulebook at the same time. Yet within hours of the White Paper’s release, it became clear that this will be rejected by both the EU and our main trading partners. On the one hand, Guy Verhofstadt, the European Parliament’s lead Brexit negotiator, made it clear that the EU could not accept the White Paper’s proposal for a Facilitated Customs Arrangement where the UK would collect the EU’s tariff for goods intended for EU consumption before reimbursing Brussels: “There will be no space for outsourcing the EU‘s customs competences”. On the other hand, President Donald Trump warned that if the UK tried to maintain such close ties with EU, it would make a lucrative US trade deal very unlikely: “If they do a deal like that, we would be dealing with the European Union instead of dealing with the UK, so it will probably kill the deal. If they do that, then their trade deal with the US will probably not be made”. It is very hard to believe that the UK government did not understand that these would be the inevitable reactions of both the EU and the US, unless their quanta have become seriously entangled. The government must know that the EU will take the White Paper as just a starting point and demand such changes that in effect keep the UK in the SM and CU in all but name. But because we will be outside the EU, we will not have a vote on future changes to the EU’s rules and regulations and will still have to abide by the decisions of the European Court of Justice. To give just one illustration. The White Paper would allow multinational businesses to lobby Brussels for new regulations and new tariffs that would unambiguously harm UK businesses or make UK consumers worse off. Yet, the UK parliament would not be able to veto these. The government must equally be aware that it will be impossible to negotiate free trade deals if we have already agreed to accept all the EU’s rules and regulations. The White Paper is so full of absurdities that neither Leavers nor Remainers could possibly accept it. Remainers immediately called it the “worst of both worlds”. So can we make sense of this? We can if we look through Lewis Carroll’s eyes. The White Paper has clearly been drafted by pro-Remain civil servants using the Mad Hatter strategy of putting forward proposals that are completely barking – leaving the EU, while still having to obey all EU laws, but without a vote or veto; claiming this is the only way of having “frictionless trade” when WTO rules mandate this very thing; then claiming it is the only way of avoiding a hard border in Ireland when the UK, Ireland and the EU have already said that they will not impose a hard border; and finally maintaining the notional freedom to negotiate trade deals with other countries, but on terms that no other country could possibly accept. The clear purpose of this strategy is for the population to begin thinking that, if this is what Brexit means, we’d be better off remaining in the EU. In short, the White Paper is not intended to be the final stage of a transition to a "softer Brexit", but rather the first stage in the establishment’s campaign – led by the senior civil servants at No. 10 – to reverse Brexit. One strong piece of evidence for this comes from the fact there was an “alternative” White Paper being prepared by the Department for Exiting the European Union. This was developing the “Canada plus plus plus” free trade deal, the only sensible deal consistent with the referendum result. This proposal was trashed by the No.10 civil servants which led to David Davis’s resignation. The same civil servants now want to close DexEU down. Then add in the deliberate incompetence of the UK’s negotiating strategy. Triggering Article 50 before we were fully prepared. Agreeing, in the context of the fixed two-year time frame for the negotiations, to the sequencing of the three stages of the negotiations (divorce, withdrawal and future relationship) where the EU alone determines when each stage is finished. Agreeing to pay a £39bn divorce bill before any trade deal was in place. This is all part of the Mad Hatter’s strategy. Lord Kerr, the British civil servant who drafted Article 50, said that he deliberately chose the short two-year time frame to make it virtually impossible for any country to leave the EU. Lord Heseltine said on the day after the referendum that Brexit would never happen. The final piece of evidence was the immediate call from strong Remain supporters for a second referendum with three options – accept the terms of the White Paper, go for a “no deal” or stay in the EU – whose only purpose would be to split the Leave vote. So there you have it. There are only two coherent cases: being fully in the EU or fully leaving. There is no coherent half in – half out solution. If we are going to honour the original referendum result, this White Paper needs to be dropped and the “alternative” White Paper reinstated immediately. And it’s now time to say a final goodbye to all the Mad Hatters in the civil service and the establishment. Goodbye.
maxk
21/7/2018
12:31
………;…unless you are Trump when you can even 'rewrite' what you are have just said! ;)
alphorn
21/7/2018
12:28
PatientCapital "Barnier finally admitting"..No What he said was, the British proposal would lead to the UK having a better competitive position, that is a very different thing. Because as he/they, keep repeating, and the UK/us, keep refusing to hear... The EU will not agree to a deal that gives non members a better deal then members. You can not amplify the things that you want to hear, and refuse to hear the actual things that are being said, repeatedly.
smartypants
21/7/2018
12:17
Alphorn,Sadly it is from every side both at home and abroad. One encouraging item I read was of Barnier finally admitting to the UK having a better competitive position post withdrawal. This should certainly be seized upon and amplified.
patientcapital
21/7/2018
12:15
exlogicalad Unlike you to have a poke at me? You never seem to offer any thing informative in your own frequent rantings, but you keep telling us that you are very important (and wealthy?) and we should listen to the nothingness you say. I knew you were confused by colours, but didn't know that you found a lot of words, all telling you facts you are not willing to accept (read) troublesome too. It must be very hard for you to keep reading how misguided you are, in your view that every thing will be tickety boo after Brexit, because you were once a "some body" in your mind, and now you are a nobody in everyone else's, running your own tiny empire from your very big back bedroom....why won't people listen to you... So after all of the above..... I will keep it short...er. First, if you are unaware, Brexit is the Britain (UK) exiting the EU. The UK has not exited yet, it is still a member of the EU at the moment. The EU is doing very well, the UK less so. If you do not like reading the things I have "pasted" in earlier, try reading the press for your self, it's not hard to find these things out if you have a super high speed internet connection, if you try hard enough you might be able to find some thing that says how good it will be in the UK after Brexit...? I have tried, but I have found/seen nothing....ziltch. I am pretty sure if any one had found any thing if would be plastered on here page after long long long informative, fact filled page??..no As for your: "the markets are 18 months in front...they haven't reacted in any major way."?? When it comes to reality, your LLOY investment can not break out of the 62p's What could possibly be holding it back, BARC in the 180p's RBS ?.. Are they as banks performing worse then they were 12 months ago, less income, profits, returns, dividends?? what could it possibly be that is depressing their SP's and the markets view of there investment value going forward (18 months) What has happened to the value of the Great British pound against the falling apart Euro? Is that short enough?.. it is enough time wasted on you..again Now go and find your book of swear words so that you can write some inspired reply..that's if maxk doesn't beat you to it.
smartypants
21/7/2018
12:10
I won't join the current discussion other than to say that the naked hate around the place will cause widespread damage. It will not go away any time soon.
alphorn
21/7/2018
12:01
To be fair if they did not try to kill some off there citizens previously , they may not have had the need .
bargainbob
21/7/2018
12:00
If anyone needs to go to jail for electoral malpractice it's those Conservatives who spent without restraint to stop good old Nigel.
grahamite2
21/7/2018
11:57
KenBachelor 21 Jul '18 - 11:03 - 227432 of 227438 0 0 0 I think you'll agree that Germany has ..... taken in more refugees than anyone And by that demented and villainous act brought all the discontent with the EU, long simmering, to the boil.
grahamite2
21/7/2018
11:54
What the odds on May not returning after summmer recess ?
bargainbob
21/7/2018
11:53
Stupid brochure £9million. Straight in the bin. Totally one sided just like the BBC.
brexitplus
21/7/2018
11:53
Minerve the Tories also broke election rules in Scotland for Westminister . Time the donors spent a short time in jail. Hopefully Exlogic was one of them , we may get back to discussing Lloyds.
bargainbob
21/7/2018
11:48
Oh come on Minny, how much did Dave spend on his stupid brochure? But I agree with you re Treeza.
maxk
21/7/2018
11:41
maxk Our own government AREN'T democratic! First we have an 'unelected' PM - I didn't have the opportunity to give her my mandate. Second, the government has to work with disproportionate influence and input from 10 Irish MPs. Third, Theresa and co are attempting to use out-dated and non-democratic processes in order to circumnavigate parliamentary due process. Fourth, the whole election and voting process is corrupt with both the Tories and Vote Leave breaking funding rules during the general election and the EU referendum respectively. People in glass houses shouldn't throw stones. ;)
minerve
21/7/2018
11:27
Ken Germany have had a good run in the EU. As a world-wide exporter they have been able to get away with a cheaper currency than they otherwise would have had if it wasn't for the deflationary effects of Southern Europe. Also, yes, Germany have taken in more refugees than anyone but it isn't because of charity - they are needed - the demographics of Germany require a huge influx of immigrants for its economics to carry on working. Having said that we need immigrants too and we could get more out of the EU if we had competent politicians to represent us - not a bunch of charlatans and/or craven numpties.
minerve
21/7/2018
11:03
Maxk - A short while after we joined the EU I stood on the floor of the house of commons and asked Bill Cash (the original Euro-sceptic), why he was so against the EU. His answer was 'because if you give Germany and France all that power, they will be the only ones that benefit from it'. I think you'll agree that Germany has paid in more and taken in more refugees than anyone, so I don't think they've been milking it. Now, perhaps we can get back to Lloyds.
kenbachelor
21/7/2018
10:26
Bargainbob - As I've already said 'if you give TM an impossible task' it's not her fault when she fails, 'it's yours'.
kenbachelor
21/7/2018
10:20
Morons are going to learn a hard lesson.
minerve
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