Lloyds Banking Share Discussion Threads

[ianood] 25/2/2019 09:33

Don't forget PPI costs end this year!

[renewed1] 25/2/2019 09:18

I would have said this year was a staggering performance but only worth about 4% increase in divi.God help us when profits flatten out!!

[xxxxxy] 25/2/2019 08:55

32 days to Freedom and Independence.

Wonderful

[xxxxxy] 25/2/2019 08:50

No Brexit

Then

No Conservative Party

End of

[xxxxxy] 25/2/2019 08:14

LEAVE and WTO

[xxxxxy] 25/2/2019 08:11

Why the Withdrawal Agreement is bad for the UK

By JOHNREDWOOD | Published: FEBRUARY 25, 2019

I have been asked to spell out more details on the features of the WA other than the Irish backstop which make it a bad deal.

The first point is it contradicts the Conservative Manifesto and 2017 government policy of negotiating the Withdrawal issues and the future partnership together. You must stick to this to get leverage from concessions made on Withdrawal to benefits in the future partnership. Nothing should be agreed until everything is agreed. It is why we have got a bad Withdrawal Agreement, and are being set up to get a bad future partnership as well.

The second is the provision to pay them very large sums of money, stretching for many years into the future. No sensible person would sign an agreement which allows one side to send bill after bill for years after we have left, claiming we owe them money under many general heads set out in the Withdrawal Agreement. The Treasury estimate of £39bn is likely to be far too low. Some of the future liabilities stretch forward a hundred years, relating to payments to people not yet born who might come here before the end of the transition period. Paying to belong until 2020 opens up more future commitments under the 2019-20 budget, with liabilities until 2028. The settlement on the European Investment Bank is mean to the UK. Every conceivable future liability for the EU is recorded with as much liability as possible attaching to the UK under various clauses.

The third is the institutional architecture for the Agreement. Until we do leave the UK faces the full panoply of existing and additional EU law enforced by the EU’s own court. The UK in transition will have no veto over big new advances in EU controls, and no ability to form qualified minority blocking groups to stop an unfavourable law passing under qualified majority provisions. The EU would be at liberty to legislate in ways that harmed our economic interests and helped theirs and we would have to comply. We would even not be able to prevent the imposition of new taxes on us.

Disputes over the money or over the laws fall to be resolved by a joint committee. In the event of there being no resolution, an independent Arbitration panel decides the matter. However, if at issue is the interpretation of EU law – which is likely in most cases – that is settled by the European Court of Justice who instruct the Arbitration Panel what to say! Who ever thought the UK should accept such a one sided arrangement?

The fourth is the State Aids provisions and applicability of Competition law. This will give the EU the right to authorise state aids to attract business away from the UK, with the right to block us doing the same back.

The fifth is the continuing influence the EU will have over our welfare and benefits system.

There are many other features of this Agreement which are one sided, as it is a thorough piece of work by the EU determined to take as much of our money as possible for as long as possible, and keen to keep as much legal control over us as possible.

The Agreement does not even live up to its name and billing. It is meant to just be about the past and so called withdrawal costs and issues, yet a big chunk of it including the Irish backstop, protected trade names and other issues is about the future trading arrangements and partnership. The UK negotiators should have pointed this out and insisted on dealing with all the future issues at the same time, as the government promised to do in 2016-17.

[bargainbob] 25/2/2019 07:39

It was always a stick on, a cert, a sure thing, you could have bet the wean’s inheritance and yer Granda’s top set on it. We’ve all predicted it, most of us for a considerable time now, and as sure as day follows night it has happened. After the EU getting the blame for Britain’s staggering incompetence as they squirm and agonize as they untangle themselves from the largest free trading market on the planet, we were always going to be next, us vile separatists who want to be outward looking and European.

No prizes for guessing who the deliverer of this profound nonsense was to be, yes you’ve got it, the Viceroy of Joy himself, the coveter of a stoat’s winter jaiket dyed riid for riid neck, the government of Scotland from another county’s man in Scotland, the chep with the spine of the lesser spotted siphunculus, which I see defined on “wiki change it to whatever ye like” as meaning ‘a small tube’ ( well if the shoe fits) David Mundell (which used tae be pronounced like bundle but ye cannae be called bundle in the House of Lords, Bungle mibbees, but no’ bundle).

Aye, according to the shifty wee man whose pronouncements about how he views politics as they currently exist in the circus which is pre-Brexit Britain, mirror almost exactly what Theresa May said five minutes previously, and are equally therefore as flip floppy in content as the disco dancing diva of Downing Street’s robotic drivel, the party of devolved limited powers, and soon to be more limited, in Scotland, the one with the majority of MP’s democratically elected to Westminster to represent Scottish constituencies, is going to cause a disastrous no –deal exit from the EU. It’s nothing to do with the Tories being infested with useless right –wing and far right-wing brainless and entitled third and fourth generation inheritors of daddy’s money morons whose idea of negotiating with somebody is to tell them what to do in a loud voice in case they don’t understand English. Naw, it’s not their fault. It’s ours.

We’ve tae swing wholly and firmly behind Theresa May’s rank rotten Withdrawal Agreement, and he’s written tae SNP Westminster leader Ian Blackford, who is still laughing, to tell him so. This after his stoic leader once again pulled a ‘meaningful vote’ on Brexit, whatever that actually is. Yet further delay to allow her supposedly to continue to negotiate with EU commissioners who are openly saying that Britain is pretending to negotiate something that is already agreed and will not be changed. She’s kicked the can further up the road to around March 12. At this rate Westminster parliamentarians may find themselves voting on arrangements for leaving the EU after they’ve actually left the EU.

If I was the owner of a business in the UK right now which does a fair bit of trade with the countries of Europe I think the squeeky bum element to my planning for the future would be audible. Imagine self-harming your own economy to the extent where a withering recession is almost inevitable, all in the name of keeping rebelling factions of your political party happy. These nutters are playing with people’s live, and the tragedy is they are good at nothing.

History will not be kind to you Davie. I hope the seat on the red benches that you ae holding out for is worth it. It remains to be seen if they’ll let you keep it once Scotland is self-governing. You’ll have outstayed yer welcome.

[philanderer] 25/2/2019 00:03

U.S. stock futures rose in early trading as President Donald Trump said he would delay a planned increase in tariffs on Chinese goods after a “very good weekend” of talks.

Futures contracts on the S&P 500 Index expiring March rose 0.3 percent as of 8:08 a.m. in Tokyo after the underlying gauge rose to its highest since Nov. 8 on Friday. Futures contracts on the Dow Jones Industrial Average and Nasdaq 100 rose 0.4 percent each.

[minerve] 24/2/2019 23:13

Two weeks and the ERG are going to have to sign the deal or Article 50 will be extended.

Your choice fools.

[maxk] 24/2/2019 23:09

Relax Min, no one is going to accuse you of being older and wiser.

[minerve] 24/2/2019 23:00

We Built Man City
We Built Man City On Arab Oil

[willoicc] 24/2/2019 22:57

Funny how people go on about the £350,000,000 lies on the side of a bus, but are silent about remoaner Mps' who stood for election under Tory and Labour manifestos undertaking to implement the referendum vote to LEAVE the EU cancer, but who are now doing everything they can do to thwart Brexit.

Who are the liars?

[xxxxxy] 24/2/2019 22:44

Wish everyone well with LLoy tomorrow and wish everyone well with life too. Most important.

[xxxxxy] 24/2/2019 22:34

‘Hard Brexit would cost Irish economy €18bn, says study

…  it was clear that Ireland would be the most “Brexit-impacted” country in the EU… Agriculture is one of the most exposed sectors, given the high level of food and drink exports, ranging from cheddar cheese, beef and mushrooms to Guinness and powdered milk…. The worst-case scenario of a no-deal exit would result in Britain falling back on World Trade Organisation rules, making Ireland’s economy worse-off by up to 7% of GDP by 2030, the study found.
This would cost the country’s economy €18bn and cut annual growth from 2.2% to 1.7%.’

[stonedyou] 24/2/2019 22:32

Seems the "Remainer drains" ain`t got TWO brain cells.....to rub together!!!!




Among many, it was self-evident that Britain should join the euro. Some of the

most influential politicians in the 1990s and 2000s were fervently pro single

currency. From Danny Alexander and Paddy Ashdown, to Tony Blair and Peter

Mandelson, Ken Clarke, alongside Nick Clegg, Chris Huhne, and Chris Patten. At the

same time, supposed key dispensers of financial and business wisdom in the country

such as the Financial Times and the Confederation of British Industry (CBI) were

also making the case for the euro.

[xxxxxy] 24/2/2019 22:27

Boycott produce and product that is from the EUSSR


Spread the message

[xxxxxy] 24/2/2019 22:26

Original Richard
Posted February 24, 2019 at 2:19 pm | Permalink

It is heart breaking to see our PM and Parliament so corrupted by years of EU membership that we see them slyly overturning the referendum result and no longer following their manifesto commitments and previous policies whilst pretending otherwise.

The latest intended action being their attempt to make it law that we cannot leave without a deal, which would mean either not leaving at all or accepting a WA so bad that it is akin to a unconditional surrender treaty where we do not leave the EU’s institutions and leaves us totally exposed to damaging EU legislation with no say or veto.

We are threatened with a return to terrorism in N.I. if we do not accept the EU’s terms.

The only course of action I can take, in addition to voting whenever possible for Brexit supporting candidates, is to reduce wherever possible the buying of EU goods.

I have not bought any French agricultural products since 1990 when French farmers set fire to one truckload of live British sheep, killing 219 of them as well as poisoning, slitting throats and dousing others with insecticide.

I intend to extend this policy.

[xxxxxy] 24/2/2019 22:13

Why would anyone want to remain in the sclerotic EU with youth unemployment rates as they are.

Greece at 43% Unemployment
Spain 36% Unemployment
Italy 31% Unemployment

Is it that the EU Elite delight in such figures and can suck the money and life blood out of people – keeping them suppressed in poverty not only of money, but of expectation , destroying their confidence. The Elite dressed in their pomp are laughing and sneering at The People.

Pass it on.

[xxxxxy] 24/2/2019 22:09

No Deal is Best Deal