Lloyds Banking Share Discussion Threads

[ladeside] 01/4/2019 12:17

In case you didn't know, we're OWNED by foreign powers.........

[jam2day] 01/4/2019 12:16

The ravings of lunatics.

[wbecki] 01/4/2019 12:15

"careful
31 Mar '19 - 19:11 - 253262 of 253358
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Elbee says the USA should pressure May into accepting no deal.
So much for democracy and freedom."

But you were okay with USA pressuring UK people into accepting a "Remain in EU" scenario???

Hypocrisy at its finest.

Typical Remoaner.

[k38] 01/4/2019 12:15

QHow many of you, remainers, are happy to give the keys of your home to a thief, especially to control your income and life.

[wbecki] 01/4/2019 12:12

"Poikka
31 Mar '19 - 17:45 - 253256 of 253358
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RogerRail, could you possibly outline why you want to Remain in the dysfunctional EU?"

He's either a troll or a dimwit.
Clearly has a yellow streak running down his back that's for sure.

[wbecki] 01/4/2019 12:10

"RogerRail
31 Mar '19 - 17:34 - 253253 of 253358
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"Parliament has duped and LIED to The People"

Yes it all started with one big FAT LIE on the side of a bus from one BIG FAT lier Boris and it carried on from there and has not stopped"


Still peddling the bus drivel which has been shown, since, to be an understatement.
Nice try sunshine.

Remain told far more porkies - indisputable fact.

Amazed we are still discussing this risible line 37 months on...

Shows how little Remoaners have to argue with.



"In three years the people have learnt the TRUTH about Brexit and all the polls indicate a massive swing to remain in a people's vote"

What massive swing to Remain? Are you on crack?


"and a resounding NO to no deal"

More popular option amongst the British people you'll find. Far mroe so than any Remoan option you're inclined to peddle as being the front runner!!



"but all we get is LIES, LIES and more LIES from politicians, like it is somehow undemocratic and a betrayal to put the decision to the people"

Yes lies galore still from Remoaners unwilling to accept they lost the vote in Juen 2016.


You're a halfwit Woger. You evidence it across the board in spades.

[xxxxxy] 01/4/2019 12:08

What baffles me is not a persons desire, ie stay or go.

But why anyone would want to sign away your position to a foreign power."

Quite.


LEAVE and WTO

[k38] 01/4/2019 12:07

Markets and general business don't care about Brexit, remain or go. Only idiots remaines, sheep and labour use them as an excuse !!

Oh, i forgot the BBC too.. lol

[minerve 2] 01/4/2019 12:05

Give it a rest WBecki, the bandwidth is high, the entropy is very low.

[wbecki] 01/4/2019 12:03

"Alphorn
31 Mar '19 - 15:40 - 253242 of 253355
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k38 - have you always been a defeatist or have you been taking lessons?"

Only defeatists round here are Remoaners - as evidenced by their Reffy campaign and Proejct Fear since.

Little positive to say about EU,but plenty to scaremonger about how UK isnt big enough, isnt good enough to operate without being subsumed into EU.

That's defeatism of the highest order and pillow biting Remaoners have it in spades.

[alphorn] 01/4/2019 12:01

Meanwhile as the posts turn and turn like broken records the markets once again this morning indicate that they do not expect any serious disruption from the EU issue.

Are they sleep walking?

[wbecki] 01/4/2019 11:59

"maxk
31 Mar '19 - 12:10 - 253224 of 253351
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What baffles me is not a persons desire, ie stay or go.

But why anyone would want to sign away your position to a foreign power."

Because Remoaners have no loyalty to their country, the British people, or our history - only to their own pockets!

[xxxxxy] 01/4/2019 11:59

A dozen reasons why a UK-EU Customs Union remains a terrible idea

In our view, the purely economic arguments in favour of UK customs union membership with the EU are weak:
1. There is not much evidence that a customs union would be more beneficial for UK-EU trade than a standard free trade agreement (FTA). A large-scale academic study from 2006 finds no evidence that customs unions outperform FTAs, while a more recent study even suggests the EU customs union has a smaller trade creating effect than FTAs such as NAFTA (which covers North America).
2. Rules of origin costs are often hugely overstated. Claims that rules of origin costs for UK businesses in case of a UK-EU FTA could be as high as 7-8% of trade values are far too high. A careful study by the WTO suggests such costs are less than 1% of trade values, and often negligible.
3. Costs of customs processing are also massively exaggerated. Claims by HMRC last year that customs costs could total 1% of UK GDP or 6% of trade values are anything from five to twenty times too high; they are based on dubious calculations and are totally at odds with on-the-ground industry experience.
4. A ‘new’ UK-EU customs union would not even remove customs-related costs. Formal customs checks within the EU customs union only ended in the early 1990s due to the Single Market Programme, and still exist in Turkey’s customs union with the EU. Moreover, the documentary requirements associated with trading in a customs union can actually be greater ;than for trading on WTO rules!
5. The UK’s foreign trade structure is not suited to a customs union. Customs union arrangements have some logic where one economy does a very large share of its trade with another. But the EU now represents only around 45% of UK goods exports and this share has been dropping rapidly. Twenty years from now it is likely that the EU will take only around a third of UK goods exports.
6. The UK would remain locked into the EU’s highly protectionist agricultural trade system. High EU tariffs on agricultural products represent a heavy ‘tax’ on UK consumers. UK consumers are denied the choice of cheap food from outside the EU and pushed towards consuming expensive products from within it. This cost is high at 0.5-1% of GDP.
Moreover, the strategic/political arguments in favour of a customs union are even less compelling:
1. Entering a customs union would make meaningful trade deals with other economies impossible. There could be deals on trade facilitation or deals on services but their scope would be very limited. Why would India or the US be interested in a deal on services (potentially benefitting the UK) when the UK had nothing to offer on the goods side?
2. The EU would be able to ‘sell’ access to UK markets with no reciprocal benefits for the UK. Britain would be in the same boat as Turkey: when the EU does trade deals with third parties, these countries gain tariff-free access to Turkish markets but Turkish exporters do not gain automatic reciprocal access to these third countries.
3. Britain would have no voice at future WTO discussions about global tariffs. It would simply have to accept whatever the EU agreed.
4. The EU would be able to damage UK business using anti-dumping actions. Under a new UK-EU customs union the EU would be in charge of the UK’s ‘trade defence’ measures such as ‘anti-dumping’ actions. The EU could force the UK to impose steep tariffs on goods from third countries, hurting UK businesses and consumers. Worse still, the EU might insist on being able to impose anti-dumping duties on the UK as well – as is the case with Turkey.
5. A customs union would not simply cover tariffs and quotas. The EU would also require the UK to follow EU rules in a broad swathe of policy areas including competition policy, environmental policy and social and labour standards – without any say. This would not only be a huge loss of UK sovereignty but also dramatically narrow the UK government’s freedom of action in key economic policy areas.
6. A customs union does not solve the Irish border ‘problem’. Customs checks only represent a small element of potential border checks at EU borders today. A bigger issue is product conformity and other single market rules. This is another reason why any customs union would require either effective UK single market membership or border checks between Britain and Northern Ireland and/or Britain and the rest of the EU.
In summary, a customs union arrangement whereby the UK contracted out huge areas of trade and economic policy-making to the EU would be totally unsuitable for an economy like Britain’s.

Full article:

[k38] 01/4/2019 11:57

They are no stupid, if does not happens today try tomorrow.. The most certain way to succeed is always to try just one more time or take your time.

[wbecki] 01/4/2019 11:57

"careful
31 Mar '19 - 10:47 - 253211 of 253351
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Amazing how both leavers and remainers think that a second referendum will reverse the result of the first referendum.
Not sure about that."


Amazing how many Remoaners think the first Referendum wqasnt binding but want a second one to overturn the first!!!

I agree with your conclusion. Every chance LEAVE will win again. But that isnt the point.

[wbecki] 01/4/2019 11:55

"City Brexodus"
None of these destinations come close to rivalling the mass of financial activity, floor space and skilled staff that have long sustained London’s pre-eminence.

Demand for new offices in Canary Wharf, I hear, has never been stronger. And yet — as I also hear from senior City voices — we’re entering an era in which London will be seen as a less prestigious, potent and convenient deal-making arena that also carries the risk of Corbyn seizing power out of chaos.

Big-hitting US financiers may decide it’s easier to do business from the place they feel most comfortable, flying into the hell of Heathrow or the tedium of Frankfurt only when they have to. On this theory the biggest Brexodus winner is none of the above, but London’s only real global rival: New York.

[wbecki] 01/4/2019 11:55

AfD co-leader speech on Brexit in Bundestag, Alice Weidel, English subtitles (March 2019)


"Is it any wonder the British seebad faith behind every manoeuvre from Brussels"

[wbecki] 01/4/2019 11:50

"But you do see now of course that the EU are starting to say that No Deal is no problem with the Irish Border.........which means the Backstop is no longer required, this is the push...........if the EU drops the backstop, then the TM deal will pass before 12th of April.

The EU have now admitted there is no need for the backstop - so its up to them to let it go and let TM have her deal passed."


If there is no need for the Irish backstop then why are we not pursuing CETA, which was holed,apparently , due to the irish backstop...

All a conspiracy to get UK to stay as close to EU as possible to make it easier to take us back in before a generation is up (ie once this country has brught another 5+million brainwashed youngsters through the educational system and 3 million+ European & African migrantshave secured citizenship.

[wbecki] 01/4/2019 11:47

"So while all the remainers lie about people changing their mind, and this complete nonsense of more people wants a 2nd referendum (actually there should be 16.8m people signing any petitions because 16.8m lost the referendum and would love a change to change that loss)"


Talking of that 6 million petition...

Remain caught red handed cheating again...

The fake names on the Remain petition are nothing new
The petition calling on the UK to remain in the EU has garnered 8,000 votes from Jacob Rees-Mogg and 700 from Idi Amin. Ho-ho, what wits these Remainers are, could be one response. But Romans knew all about this sort of game-playing, and there could be a different explanation.



"Remainers are not known for their paralysing wit on this matter anyway, but are they so dim as to imagine that it helps their cause to vote under the name of their Leave enemies? Maybe they are"


Nailed that!!

Peter is clearly another whiney Remoaner hence his implausible excuse of:

"but it is surely more likely that they are ‘spoilers’ from Leavers, demonstrating (as if that were needed) how unsafe such random polls are. Win-win for the spoilers, then"

[alphorn] 01/4/2019 11:45

WB - now you contradict yourself.

One minute Grieve is a bad loser - the next minute you are talking about civil unrest for bad losers(?).
Make up your mind.

[wbecki] 01/4/2019 11:45

"careful
30 Mar '19 - 22:43 - 253184 of 253340
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May suggests a snap election.
Tories from both sides of Brexit will vote it down.(needs 75%).
Cabinet war breaks out.


Next week will be critical.
May has flipped she is as crazy as the hard Brexiteers now."


No such thing as Hard Brexiteers you mad Remoaner.