Lloyds Banking Share Discussion Threads

[chavitravi2] 17/12/2019 10:38

I think the position is the same as NOT taking no deal off the table. It puts them in a position where by they have to give us a fair deal rather than a punishment one or they take the punishment. Those that are already having the pips squeezed out of them will see no point in staying in the EU or euro if it's going to make things difficult trading with their best customer. Brussels will know they may have to deal with 3-5 others who will want a deal to leave. Good gamesmanship on Boris's part imo.

[poikka] 17/12/2019 10:38

Alps, my logic beats your lack of logic.

[poikka] 17/12/2019 10:36

It's all in the wording.

"“So much for pragmatism,” J.P. Morgan’s Malcolm Barr said, referring to reports of Johnson’s hard-line Brexit stance. “We have put the risk of a no-deal end to the transition at 25%, a number we regard as uncomfortably high.”"

Or,

"We have put the chance of a UK/EU trade deal by the end of the transition at 75%, a number we view as being comfortably high."

[alphorn] 17/12/2019 10:35

Poika - well, we disagree on that one!

[jordaggy] 17/12/2019 10:11

Given that 80% of trades are done by bots, the MM's are coining it in; again. I pity anyone who set a stop loss thinking there was a margin of safety...it's a fix 🕸

[alphorn] 17/12/2019 10:00

The sad part is it piles on the uncertainty again - rule by fear. Reality will resurface once Christmas is out of the way.

[maxk] 17/12/2019 09:57

As you say Alp, could mean anything or nothing

[maxk] 17/12/2019 09:56

Angela Rayner clears way for Rebecca Long-Bailey to run for Labour leader

Shadow education secretary will focus instead on becoming deputy leader


Heather Stewart and Rowena Mason

Mon 16 Dec 2019 20.21 GMT



The shadow education secretary, Angela Rayner, has cleared the way for her friend Rebecca Long-Bailey to run as the leftwing successor to Jeremy Corbyn, deciding instead to focus on becoming deputy leader.

After Labour’s catastrophic performance in last week’s general election, Corbyn said he would remain in place until March, while a leadership contest takes place.

Long-Bailey, the shadow business secretary, had long been regarded as the leadership’s pick for the top job. She is expected to win the backing of the party’s largest donor, Unite, and of key Corbyn allies including elections chief Karie Murphy.


Long-Bailey, who is the MP for Salford, was given a prominent role during the election campaign, including as Labour’s spokeswoman in TV debates, and has stood in for Corbyn at PMQs. But Rayner has built up a significant public profile, and was regarded as a strong potential leadership contender.

However, in a move one colleague described as “sisterly” she is now expected to run for deputy leader instead – smoothing the path for Long-Bailey.



More:

[gotnorolex] 17/12/2019 09:45

Jess Phillips is the best Labour's got! Seen her in action at the gates of the school where a certain minority vehemently protested about LGBT awareness lessons!
She intervened with polite bravura, without inflaming the mood of intolerance!
I bet she works equally hard without prejudice for all her constituents no matter their leanings!

[alphorn] 17/12/2019 09:37

max - don't get carried away. Legalisation can be introduced, modified or taken away prior to implementation. A headline grabber.

[poikka] 17/12/2019 09:36

Probably what's really spooked the market today is Unilever saying that sales in the FE are not as expected. No surprise for anyone who's been keeping utd with the falling exports there.

[mitchy] 17/12/2019 09:23

We've got to remember the biggest threat was the Corbynator. He's gone, along with the zombie parliament . Actually having a period of freedom from new legislation messing with our lives was an unexpected bonus. Pity they have come back from the dead really !

[alphorn] 17/12/2019 09:18

Sabre rattling again. Just as legalisation can be introduced so it can be withdrawn or modified.

[alphorn] 17/12/2019 09:16

The markets were pretty accurate yesterday - "The premium quotes are very wide indicating uncertainty as to where the market goes from here".

[jam2day] 17/12/2019 09:03

Reacting to the fall in the pound overnight, Neil Wilson, chief market analyst for Markets.com, says: "Sterling tripped over its heels as Boris Johnson is looking to legislate for Britain to leave the EU fully in December 2020 with or without a trade deal. That means no possible way to extend the transition period.

"This sets up another cliff-edge and could create yet more months of uncertainty for investors just when we thought all was squared away.

[mitchy] 17/12/2019 08:55

Pound taking a hit on possibility of a No Deal brexit but that's extremely unlikely. Boris would make good second hand car dealer...he'll get a deal . Plus the pound is just back to Fridays open. We should see some support now I'm guessing.

[poikka] 17/12/2019 08:36

Great, no extension. Brussels - OMG, we're going to have to do some work.

Bit of profit taking today, unsurprisingly except for those who still think that SPs rise forever.