Lloyds Banking Share Discussion Threads

[optomistic] 23/6/2019 09:03

....only 5 weeks.

[diku] 23/6/2019 08:30

Keep Bob on ADVFN!...

[la forge] 23/6/2019 07:21

Long way off


31 July 2019

Half year results for 2019

[corpbull] 23/6/2019 02:36

Boris for PM - A Brexiter! Hunt - A Remainer!

Mark Carney - A Liar, Traitor. A Canadian who should keep his nose out of British Politics. GATT XXIV clearly explain unless Carney don't understand English which explains why he has been given wrong forecast as a Governor of BOE. That clown should never have been appointed Governor of BOE.

Boris for PM! Stuff EU and they can kiss goodbye to £39 billion!

As for a deal! It takes two hands to clap! If they put tariff to our exports, well it's ok!

They export more to us! So we impose the same, in fact more. Who will suffer?

German Cars and all industrial Products, French Cheese, Wines, Cars, Holland, Spain, Portugal, Greece all EU 27 will suffer.

Remainers, stop the scaremongering! Carney! Keep your nose out!

Am praying hard Boris win the Premiership!

1st on his list is to remove Carney!
Put Gove in the broom cupboard in the HOC!
Send D. Grieve to Toilet duties in the HOC!
Send HOC Speaker on Garden Leave!

[pander45] 22/6/2019 23:32

Shameful remainer/lefty engineering yet again. People will see this for what it is, a disgrace.

[pander45] 22/6/2019 22:58

And low and behold look at the latest on the ones that reported Boris. What a surprise.....

[grahamite2] 22/6/2019 22:51

#262287 since when do councillors constitute the grassroots?

I thought a lead of only 20 points was surprisingly narrow, but if it's just councillors that might explain it.

[careful] 22/6/2019 21:40

That bloke has not got a vote winning face.
He should have left the picture off.

What a clown, he forgets there were two referenda on Scottish Devolution.

[maxk] 22/6/2019 21:23

Nice one bob! Thumbs up for that!

That poster might well have been written for brexit:

Just change the word Westminster for Brussels.

[patientcapital] 22/6/2019 21:22

I always understood a score to be twenty. No need to be greedy :)

[maxk] 22/6/2019 20:57

Exclusive poll: Boris Johnson 22 points ahead of Jeremy Hunt with grass-roots Tories






Edward Malnick, sunday political editor
22 JUNE 2019 • 7:00PM



Boris Johnson is more than 20 points ahead of Jeremy Hunt among grass-roots Conservatives, a new poll suggests.

A ComRes survey for The Sunday Telegraph found that 61 per cent of Tory councillors intended to vote for Mr Johnson in the party's leadership contest, compared to 39 per cent planning to back the current Foreign Secretary.

The poll also reveals an overwhelming preference for a no-deal exit from the EU if the next Conservative leader fails to secure a better deal with Brussels.

Some 83 per cent of councillors said the next Conservative leader must deliver Brexit on or before October 31, when the extended Article 50 notice period is due to expire



More:

[minerve 2] 22/6/2019 18:15

Jacko, your friend has got an award:

Elton John awarded France's highest civilian award Legion d'Honneur



Are you impressed?

[poikka] 22/6/2019 18:08

Law against that, Alps?

[xxxxxy] 22/6/2019 17:59

Lifelogic
Posted June 22, 2019 at 5:42 am | Permalink
Indeed I have not bothered to do perfectly sensible UK property development, due to the high bank margins/fees and complexity of obtaining satisfactory development or investment finance. This mainly due to misguided rules and red tape that the banks have to comply with. While base rates are fairly low the bank margins, terms and fees are excessive and lending terms are restrictive.

Developments that I used to be able to do with say £500K of my money and £1M from the bank now need more like £1M from myself and £500k from the bank. So I can only do half as many of them hitting jobs and property supply.

The bank is indeed absurdly pro remain and has been talking down the economy endlessly. Hammond and Carney need to go as soon as possible and take their totally wrong headed thinking with them.

Hammond makes much of having “sorted out the public finances” but he has done this by over taxing the productive sector and the wealthy, deterring investment and pushing business and assets overseas. Many of his taxes are effectively levied are over 100% so it is hardly a sustainable plan you cannot keep robbing people. He should have been fixing the public finances by cutting out government waste, encouraging more people to use private health and education. Giving people freedom and choice as to how they spend their own money.

We need cheap on demand energy, cut and simplify taxes, relax the money supply, cut out the endless government waste and vanity projects and have a bonfire or red tape. It is hardly rocket science. It always works as we see in the US.

[xxxxxy] 22/6/2019 17:57

The Bank of England gets it wrong again

By JOHNREDWOOD | Published: JUNE 22, 2019

The Monetary Policy Committee is struggling. It perseveres with an out of date notion of national capacity, thinks it can judge where we are against it, and then threatens us with interest rate rises and more monetary tightening if it thinks we are at or near capacity. They have been saying for some time that we will get too close to capacity within the next two years and that therefore they need to tighten money to avoid too large an increase in wages and prices. They point towards a further 25bp rate rise after the two so far since the low point.

This month they accept that they have slowed the economy more than their previous forecast, and they accept we may stay below their idea of capacity going forward. Despite this they say they want to tighten consumer credit more, and think the next change in rates will be upwards. This comes at a time of world slowdown, with a nasty manufacturing recession on the continent and elsewhere. The Fed, the ECB and the Chinese Central Bank are all talking of relaxation or additional stimulus owing to the world slowdown and car industry meltdown.

The old Bank of England forecast said they wanted “an ongoing tightening of monetary policy over the forecast period”. The slightly lower forecast of growth this time round makes that less clear. Core inflation was just 1.7% in May, below the symmetric 2% target. They have halved the rate of consumer credit growth since 2016 by FPC action, hitting car loans hard and now wanting to curb credit card debt more as well. They now say 2019 growth could be ” a little below its potential” yet want to do nothing to correct that.

It appears the Bank is out of step with the rest of the world and the reality of the world economy and markets. The Bank says it stands ready to move rates either way in the event of a kind of Brexit it does not expect. None of this is quantified or precise and seems to be another case of the Bank adopting a stance from a pro Remain standpoint, like all those wildly too pessimistic forecasts it made for 2016 – 18 prior to the referendum vote.

UK capacity is augmented daily by big imports of things we cannot make or grow for ourselves, and our workforce is constantly being increased by inward migration. The Bank’s forecasting model needs to take better account of that. Many in the markets do not believe the UK can hike rates when the rest of the advanced world is going the other way. The Fed had a row with the market view that rates had to come down late last year, and lost.

[corby3] 22/6/2019 17:21

But CHIMPS are CHIMPS, they don't care. Cheapest price wins for the CHIMPS!

I can't stop laughing, who is this chump minvere LOL

[minerve 2] 22/6/2019 16:55

At least Airbus make planes that stay in the air.

Which would you fly on?

737 Max or something else?

IAG will have had a great deal because of the bad PR BUT they are going to have to sell the dangerous aircraft to customers. Potentially a HUGE mistake IMO.

You will not get me on one.

But CHIMPS are CHIMPS, they don't care. Cheapest price wins for the CHIMPS!

[gotnorolex] 22/6/2019 16:47

Hold your nerve, we're on our way out!
Here's proof that the EU will come running (crying foul) for special deals when we're well and truly out! They cannot deal with the fact that the UK can negotiate super special discounts when the opportunity arises without political straitjacket tie-ins!

"On June 18, IAG signed a letter of intent to buy 200 Boeing 737 MAXs, but Airbus does not intend to let this deal progress any further without putting up a fight. Airbus has revealed that it did not receive a call for tender from International Airlines Group (IAG). However, the Toulouse-based manufacturer is reportedly determined to win back IAG’s business by making a nice offer of its own – presumably of A320 family aircraft".