Lloyds Banking Share Discussion Threads

[mr.elbee] 05/12/2019 11:58

yes,m5,as bad as the clueless FSA staffed with crawlers.

[minerve 2] 05/12/2019 11:56

cheshire

You old farts will be the first ones to complain on the increase of a punnet of strawberries.

I bet you like right funny down the gym. 60/70 year old pretending to be 20.

Make sure they have a CPR kit nearby. ;)

You can try and keep and fit as you like but cancer will hit big time at some point and you best hope the NHS can care for you better than they can today. Fact chance of that with Boris and Trump plans. ;)

I understand the value of the EU. You only understand the price we pay.


If money isn't the issue then why complain of our EU funding?


Brexiter hypocrisy strikes again!

[grahamite2] 05/12/2019 11:19

#284958 "The new annual rate comes in response to tough new rules from regulators designed to protect consumers."

Like hell it's designed to protect consumers. It's actually designed to make the waste of space FCA look like it's doing something.

How does a 40% rate "protect consumers"? Why shouldn't banks charge higher prices for unarranged overdrafts than for arranged overdrafts? How is a £5 daily fee for an unarranged overdraft not "transparent"?

I'd like to see the FCA abolished, along with the Advertising Standards Authority and a whole lot of other useless quangos.

[bbalanjones] 05/12/2019 11:00

5x: Redwood is a liar. The decline and sell-off of British Industry predates our joining the Common Market.

[bbalanjones] 05/12/2019 10:57

A sign of things to come?

HSBC is to bring in a single overdraft rate of 39.9% for UK customers from March 2020, as much as quadrupling the rate it charges some customers.

[xxxxxy] 05/12/2019 10:54

How joining the EU led to a big decline in UK industry
By JOHNREDWOOD | Published: JUNE 16, 2016
There are also crucial issues to understand about how the asymmetric single market did damage to Uk industry. When we joined the EEC, now the EU, in 1973, more barriers to trade had been pulled down in manufacturing than in services. EU rules were often such that UK industry was badly damaged by the shock of joining and the continued shock of staying in as the rules increased and tightened.
When the UK joined the EU we had a 45 million tonnes a year steel industry. Today we are battling to save an 11 million tonnes industry.
When we joined the EU we had a 400,000 tonnes a year aluminium industry. Today we have just 43,000 tonnes of capacity left.
When we joined the EU we had 20 million tonnes of cement capacity. Today we have 12 million tonnes.
Just before we joined the EEC in 1971 we had a 1 million tonnes a year fishing industry. Today we have 600,000 tonnes.
The October 2013 government “Future of Manufacturingâ€;� Report shows that between 1951 and 1973 metals output rose 3% a year. Since joining the EEC/EU it has declined by more than 6%
Between 1951 and 1973 food and drink output rose by 5.6% per year. Since joining the EEC/EU it has fallen by 1% a year.
Between 1951 and 1973 textiles output expanded at 2.6% a year. Since joining the EEC/EU it has fallen by more than 6% a year.
Whilst it may not be fair to blame all this decline on membership of the EU, as there are other factors, it nonetheless shows categorically that joining the EU and helping create the so called single market has not helped us grow and has not saved many of our industries from decline.
In some cases EU policies are the main driver of the disaster. The Common Fishing Policy is clearly the main reason for the dreadful decline of our fishing industry, as many foreign vessels were licenced to take our fish. Our energy intensive businesses were often damaged by the high energy prices required by the EU common energy policy.
The EU has prevented UK subsidy of industry under its state aids rules, but has often provided subsidised loans and grants to businesses to set up elsewhere in the EU. The UK has seen a spate of factory closures balanced by new and expanded facilities in poorer EU countries. The UK lost van production to Turkey, car capacity to Slovakia, chocolate to Poland, domestic appliances to the Netherlands and the Czech Republic and metal containers to Poland amongst others in recent years. In various cases there was an EU grant or loan involved in the new capacity.
Looking at our huge balance of payments deficit today in goods with the rest of the EU, we can see the long term impact of the EU’s damage to our manufacturing capacity.
This April’s balance of payments figures show us in heavy deficit in machinery, vehicles, electrical machinery, mineral fuels, plastics, iron and steel, wood and clothing. Last year our total goods trade deficit hit £85 billion with the rest of the EU. Between 2008 and 2015 our exports grew at 5% with the rest of the world, whilst falling with the EU.
Perhaps remain might like to answer the following questions:
Why have we suffered industrial decline and closures with production shifting elsewhere in Europe since joining the EEC?
Why do trade in surplus with the rest of the world but have such a huge deficit with the EU?
Why have we ended up importing fish, electricity, steel and much else when we used to self sufficient?

[bbalanjones] 05/12/2019 10:53

CP: "Unable to make our own Laws . . ."

What a load of twaddle. In or out of the EU we will still have our own 650 Parliamentarians playing their tricks on the rest of us. Leeches.

[grahamite2] 05/12/2019 10:50

Any solution needs politicians to stop protecting existing homeowners and landlords and instead be honest that some will lose out from the new settlement.

In what way are they "protected"?

[xxxxxy] 05/12/2019 10:50

It may not be perfect. But an independent sovereign Brexit must be secured.
FARAGE is BRILLIANT. And we owe him. I salute him.

But now BACK BORIS.

LEAVE and WTO

[xxxxxy] 05/12/2019 10:49

Let's get out of the foul EUSSR.
Vote for BREXIT.

Mostly Con and Brexit Party.

LEAVE and WTO

[cheshire pete] 05/12/2019 10:48

"....but you are going to have to reach deeper into your pocket for it."

there you go again Minerve, typical remainer - money all that matters. Cost of everything value of nothing. Were it not for your multi million business success you could be taken for an accountant or economist lol.

Enough now, off for some 'life extension studies' (hopefully) aka going to gym.

[grahamite2] 05/12/2019 10:45

A lot of people regarded remain as the cautious option, the steady as she goes option, the if it ain't broke don't fix it option. That's why a lot more women than men voted remain.

But as cheshire pete points out, in reality there is no such cautious option. Both remain and leave involve massive change. The EU of the future will be very different from what it is now, and even worse.

Boris is our last hope.

[poikka] 05/12/2019 10:44

The good news could be that if the Tories are still comfortably ahead, this week could see a rise in domestics as realisation kicks in of a rise in the £ accompanied by good yields.

[minerve 2] 05/12/2019 10:43

The median house in London cost 12.8 times median earnings in 2018 compared with 6.7 times in 2002; in the south-east, affordability ratios have risen to 9.7 from 6 over the same period. New builds, thanks to the help-to-buy equity loan scheme, are especially expensive. The median newly built house in England and Wales costs 9.6 times local annual earnings compared with 7.8 times for existing houses.

[poikka] 05/12/2019 10:42

Don't want to be picky, 5xy, but it's more than £200m/week now and would rise further, according to the head of EU budgeting, when we'd lose our rebate.

[xxxxxy] 05/12/2019 10:38

Tim’s Viewpoint
Parliament can REDUCE food prices by AVOIDING a deal with the EU and voting to end tariffs…
As a result, in spite of what the cynics say, no deal, combined with free trade, would result in lower food prices, and we also save the £200 million a week  in EU contributions, which government lawyers have repeatedly told us there is no obligation to pay…The EU is mistakenly regarded as a free trade organisation, but most imports from the 93 per cent of the world which is not in the EU are heavily taxed – by imposing so-called ‘tariffs’;.
hxxp://www.leavemeansleave.eu/

[minerve 2] 05/12/2019 10:36

Many of Britain’s problems start at home. Poorly insulated houses contribute to global warming. High rents put young workers off moving to cities where the best-paid jobs are. Insecure tenancies stop young couples from starting a family. Rising homelessness often starts with evictions from private accommodation.

The country needs a long term housing strategy. That includes realistic plans not only to increase the number of newly built houses but also to make renting a viable, and affordable, option for young families. Any solution needs politicians to stop protecting existing homeowners and landlords and instead be honest that some will lose out from the new settlement.

- written by the FT editorial board.

At least they recognise the real issues. ;)

[minerve 2] 05/12/2019 10:18

Poikka

You can have all English produce if you wish, no problem, but you are going to have to reach deeper into your pocket for it. I'm going to love watching your generation cough when you reach the tills in five years time if you are still around that is!

LOL

[minerve 2] 05/12/2019 10:13

"Instead we'd be subsumed into the EU superstate as treaty of Lisbon kicks in, no control, open borders, single currency, EU army, no free trade without EU interference, unable to make our own laws. Ruination with no hope."

Sounds very similar to the nonsense spouted by preachers in the Confederacy of the South around 1863!

LOL

What is important isn't the colour of your currency or the warm and comfy feeling of sovereignty - which you always lose during trade - but the quality of life. If you think the quality of life is measured by the number of foreigners in your little village then I do feel really sorry for you as you obviously haven't lived.

[poikka] 05/12/2019 10:10

The EU, The State, and apples.

"Anyone who lived in Britain in the 70s will know it as the time the British apple was massacred by the French-grown Golden Delicious.

Just as our apples were crushed by the 'Le Crunch' marketing campaign, along came EU subsidies to deliver the killer blow. Farmers were rewarded for grubbing up orchards because subsidies were given for arable land, leading to a loss of 2/3rds of British apple orchards."

And still, there are those who want to be part of the ongoing madness, - unbelievable!

[m5] 05/12/2019 10:05

Some nice quotes about Bob Willis.

"A great cricketer but an even nicer bloke"

Not a bad way to be remembered is it.