Lloyds Banking Share Discussion Threads

[maxk] 26/10/2019 10:10

One article not blaming brexit (yet)

[maxk] 26/10/2019 09:58

"Workers rights"


What are they when you are self employed in the gig economy?

[minerve 2] 26/10/2019 09:55

Boris is planning to reduce workers' rights.

He tells Corbyn to "man up".

Sorry Boris, you are the one who needs to start being a man. You've been a big blubbering baby since you started your PM quest.

[minerve 2] 26/10/2019 09:52

Workers rights

A leaked paper has raised fears over workers' rights after Brexit, according to the Financial Times.

The document - drafted by the Brexit department - is said to show the government plans to diverge from Brussels on regulations, despite pledging to maintain a level playing field.

The FT says the paper also "appears to contradict" comments by Boris Johnson on Wednesday - when he said the UK was committed to the highest possible standards for workers' rights.

The shadow Brexit minister, Jenny Chapman, is quoted as saying the document confirms Labour's "worst fears". The Brexit department has declined to comment.

[gbh2] 26/10/2019 08:58

Neither are likely to deliver a Brexit that will give us a clean break from the EU.

Labour and the Tories are two sides of the same coin with an edge made up of the Libdums!

[xxxxxy] 26/10/2019 08:50

Boris wants an Election to deliver Brexit and Democracy.Corbyn does not want an Election to deliver VASSALAGE and antiDemocracy.Vote selectively. Vote carefully.

[grahamite2] 26/10/2019 00:00

Poor Boris, beset by villains on every side. Sometimes he must feel like going Anders Breivik.

[lippy4] 25/10/2019 22:45

why oh why dont the eu let us go if they are not bothered??

we are too big a prize to let off the hook as without us the eu will not be a world beater just another claimant to world superiority behind russia,china, and america,its all about power...

let my people go............................

[xxxxxy] 25/10/2019 22:29

Indeed this is a dysfunctional, worn out sick parliament. It is the ROTTEN PARLIAMENT. There is a need for a General Election. But the Anti-democratic Labour and SNP refuse to allow the People to vote in a new parliament. Democracy is being strangled by Labour and SNP. Parliament makes the laws, not the laws making parliament. Democracy is People Rule.OK

[xxxxxy] 25/10/2019 22:20

Northern Irish consumers to pay Republic's higher VAT - prices to riseThe hidden costs of Boris's Withdrawal Agreement for the UK's Northern Irish citizens?© Brexit Facts4EU.Org.Part of the UK will come under EU rules and the Republic of Ireland's VAT regimeIn a shock revelation from a House of Commons official Briefing Paper, citizens of Northern Ireland will be expected to pay higher prices for everyday goods and services, as a result of Boris Johnson's new EU Withdrawal Treaty.BREXIT FACTS4EU.ORG SUMMARYNorthern Ireland set to align with Republic's higher VAT ratesVAT RATESGB and NIRepublic of Ireland Standard rate20%23% Reduced rate (eg home energy)5%13.5% What the Government and the EU are planning for the citizens of Northern IrelandThe new Withdrawal Treaty is vague on many issues in relation to Northern Ireland which will seemingly be left to negotiation during the Transition Period.Brexit Facts4EU.Org therefore turned to the House of Commons Library Service for information on the Government's and the EU's intentions. The Commons' official researchers are located in the seat of power itself and their reports are generally treated as gospel by most MPs.In its Briefing Paper on the Withdrawal Agreement, the Commons Library Service says:-"Northern Ireland will still be in the UK's customs territory and VAT area,however the region will align with the EU's rules in these areas."As we correctly reported last week, the report goes on to say that "Only two Articles in the main Withdrawal Agreement have changed from the November 2018 text, and the changes are minor. This means that the rest of the Agreement remains the same."The most significant changes to the Protocol are in four main areas: Customs, VAT, Democratic consent, and the 'level playing field'. The report goes on to say:-"In legal terms, Northern Ireland remains part of the UK customs territory. Northern Ireland will be included in UK free trade agreements."In practice, however, Northern Ireland will apply many EU customs rules and there will effectively be a customs and regulatory border between Great Britain and Northern Ireland in the Irish Sea."The new arrangements are permanent, provided consent is given. They are no longer a 'backstop' – i.e. an insurance policy which will only come in effect if other measures fail to keep the Irish border open."Energy and other prices are set to rise significantlyPerhaps one of the most shocking aspects of this official report arise from its comments on the VAT regime to be applied in Northern Ireland."Initially it was proposed that Northern Ireland would be treated as part of the UK for VAT purposes, entirely outside the scope of EU VAT law. It is now anticipated that EU VAT rules for goods would apply in Northern Ireland to avoid the creation of a hard border, although the UK would continue to collect receipts from both VAT and excise duty."In addition, it is proposed that the VAT base and VAT rates in Northern Ireland could be amended, to be aligned with the VAT system in Ireland. This would maintain a level playing field."In effect, this would mean that energy prices in particular are set to soar, with Northern Irish households having to pay over two-and-a half times the amount of VAT on the supply of electricity, oil, gas and coal. The UK rate is 5% whilst the Republic of Ireland's rate is 13.5%.Northern Irish consumers will also see the standard rate of VAT on the majority of goods rise from the UK's 20% to the Irish Republic's 23%.OBSERVATIONSWe are not tax accountants. For now we have only looked at some basics and have compared the published VAT rates in the UK and in Ireland.When the above information is widely known it is certain that the major accountancy firms in Northern Ireland will be all over this. We are sure that the press in Northern Ireland, as well as the DUP and other political parties, will be asking serious questions of the UK and Irish Governments, as well as of the EU itself.If the House of Commons official Briefing Paper is correct, then we expect a furore.Aside from the specifics of price hikes, there is also the question of principle. The report makes it clear that Northern Ireland will be treated as a different country in many ways. If the Government continues to promote its Withdrawal Treaty, it is tacitly saying that it accepts a partial break-up of the United Kingdom.We welcome readers' comments as ever, in the Comments Section below. Please note that you can write and then click to review what you've written, but you must then click again to submit your comment if you want others to see it.

[gotnorolex] 25/10/2019 22:02

Better to have tried and lost, than to never have tried at all!
There's always something to learn before another major decision!
To all the people who have vowed not to ever vote again. Wise up, it cannot always go your way! If you can't beat 'em join 'em!

[sentimentrules] 25/10/2019 21:33

And 16.1m losers.

What a mix

[minerve 2] 25/10/2019 20:53

17.4M chimps right there in Little England.

[minerve 2] 25/10/2019 20:52

Chimps can't even run their own households right, never mind decide what is right for the country.

[minerve 2] 25/10/2019 20:52

I don't want a vote.

Just get on with it. Deliver a Brexit like you promised, fools.

[sentimentrules] 25/10/2019 20:38

Be no vote

0% chance of labour agreeing

And they know that 90% of BJ election Spin will be about no deal if required

So he can't agree to labour terms

[mr.elbee] 25/10/2019 20:29

no paperwork kept before 2000


a total scam.

Minimum checking?

None at all.

[k38] 25/10/2019 20:11

and that's what Boris wants, gamble, if I am right..;))

6 days left....