Lloyds Banking Share Discussion Threads

[minerve 2] 20/12/2019 11:24

Come on Grim, call in Jacko.

LOL

[minerve 2] 20/12/2019 11:23

Lets hope a few geriatric Brexiters pick up a few nasty cancers and killer flu over the winter period. Glad to see the back of the SCUM GENERATION.

[mitchy] 20/12/2019 11:08

The way the article is written they have the extra compensation offer at 6.6 Billion. It's 6.6 Million of course (smelling salts nurse)...

[grahamite2] 20/12/2019 10:33

#287415 a wonderful read!

Question to those here and elsewhere who had their doubts about Boris and thought him a BRINOist: have your concerns lessened? Do you feel at all cautiously optimistic?

[dr biotech] 20/12/2019 10:32

That makes no sense whatsoever. Its uk focus would mean it has less exposure to Global issues and would mean it was the least vulnerable.

——-



Presume, given Lloyds UK economy focus, and the expected economic slowdown now appearing(as a result of Global slowdown/trade wars primarily)they see lloyds as the most vulnerable.

[freddie01] 20/12/2019 10:20

Brexit LIVE: Speaker Hoyle humiliates SNP and Lib Dems – rejects plot to sabotage Brexit

[cheshire pete] 20/12/2019 10:07

CTR and renewed1: thanks for your thoughts.

[mitchy] 20/12/2019 10:06

Sterling showing a bounce off $1.30c today. Circa $1.30 was the price before the election result.

[gbh2] 20/12/2019 09:57

Going to be interesting to see how much the Directors grab this year for running this crock of *hit!

[joe say] 20/12/2019 09:37

Rubicon - you're wrong - the sweaties do subsidise us so just as in our exit agreement they should continue to pay their ongoing obligations for a transition period

Bye

[crossing_the_rubicon] 20/12/2019 09:35

"Looks like Scottish independence is going to be the new Brexit, months of moaning"

Not if Scotland gives England & Wales a vote as well.

What Scots must realise is leaving the Union means

1) Your share of Oil
2) Your share of national debt
3) We'll relocate Trident south
4) No more Barnett formula
5) No more political inspired Defence contracts for Clyde et al
6) An end to Single Market MEMBERSHIP for Scottish exports to rUK
7) Border controls
8) Tariffs
9) Hadrians Wall rebuilt
10)No more excuses for Scottish politicans - everything will be on them


Get's my vote. And most likely much of England & Wales.
Scottish independence a dead cert.

[crossing_the_rubicon] 20/12/2019 09:28

@post 287337
Hahahaha Scotland subsidises England..

Hahahaha
Like hell it does.

Sooner we get rid of the sweaties the better.

[gotnorolex] 20/12/2019 09:27

freddie01 Stop the clutter! It's pointless posting entire text plus the link which should suffice! ;~)

[renewed1] 20/12/2019 09:23

May well be so but their much ridiculed call down into the 50's earlier in the year turned out to be conservative....so wouldn't dismiss this call to readily.

[freddie01] 20/12/2019 09:14

Lloyds cuts rates


Lloyds Bank has reduced the rate on its 5-year fix remortgage at 80% loan-to-value (LTV).

Lloyds has cut the rate by 0.10% to reach 1.74%.

It comes with a £1,499 product fee payable upfront and free valuation and free legal fees.

Rachel Springall, finance expert at Moneyfacts, said: “This week, Lloyds Bank has made various cuts to selected fixed rates, with its 5-year fixed deal reducing by 0.10%

“Now priced at 1.74%, the deal offers a highly competitive rate and incentive package.

“Those looking to remortgage and who wish to take advantage of some cost-saving incentives with a well-known brand may find this deal a competitive option, but they must pay for the product fee upfront.”

Meanwhile Barclays Mortgage has increased the rate on its 2-year fixed rate mortgage at 90% LTV by 0.05% to reach 1.85%.

It comes with a £999 product fee, all of which can be added to the mortgage advance, free valuation for all and free legal fees or £250 cashback for remortgage customers.

Springall added: “Now priced at 1.85%, and despite the rate rise, the deal remains a competitive choice as it also comes with a noteworthy incentive package.

“Those looking to take advantage could find the package enticing as borrowers will get a free valuation and remortgage customers are also offered the choice of free legal fees or £250 cashback.”

[jordaggy] 20/12/2019 09:12

Judging by the share price reaction, II's don't care much for for sure!

[freddie01] 20/12/2019 09:12

Lloyds Bank Foundation’s digital transformation makes it easier for small and local charities to secure funds


Lloyds Bank Trust have undergone a digital transformation that makes it easier for the small and local charities that they partner with to apply for and secure grant funding


Lloyds Bank Foundation has recognised the important role that small charities have in local communities. As part of its digital transformation and simplification of the grant process, the Foundation has committed to helping charities deliver further impact. As part of this digital transformation process, a new website has been launched, which will advise a charity whether they are eligible to apply and, if they are, whether they can apply for £45,000 or £100,000.



The banking group’s wider digital transformation
Lloyds Banking Group has recently embarked on its digital transformation strategy, with a £3 billion investment to upgrade and improve its digital offering. A core part of its new UX design is to simplify the customer journey. The bank has also partnered with the Good Things Foundation, which works to improve individuals, small businesses, and charity digital skills.



Small and medium-sized charities have a supportive partner
Small and medium-sized charities make up 96% of the charity sector, yet larger charities take the lion’s share of funding – these smaller organisations only receive 18% of available income. The competition has made it increasingly difficult for local charities to continue their work.

“Small charities are undervalued and under more pressure than ever, but they are reaching people and communities that big charities and organisations simply can’t. That’s why I’m delighted our new approach to grant-making, developed alongside the charities we work with, will aim to make the process even easier to navigate, more transparent and led by the needs of the applicant,”

Partnering with small and local charities, the Lloyds Bank Foundation helps tackle complex social problems. The complementary grant programme supports people with mental health issues, parenting, reduction in recidivism, and vulnerable people.

Simplified grant process saves time
The new web design highlights the simplified grant process. Responding to the needs of local charities, the programme has been made more flexible:

Grants are assessed on an ongoing basis, so applicants can apply as, and when, funding is needed
Response times for decisions are clear, allowing charities to plan
Grants will be made over three years, with the possibility of continuing to six
Meaningful grants between £45,000 to £100,000 will be made
Technical and business expertise will be available from the ‘Enhance’ development programme
Grant criteria is more responsive and is updated every six months

The Foundation’s impact
Taking a view from delivering on-the-ground services and influencing policy, the Foundation has helped small and local charities upskill vulnerable people and issued impact reports.

Liverpool’s Refugee Women Connect has been supported with a £75,000 grant over three years. The charity’s work focuses on helping refugee women overcome social barriers – women are able to connect to social services, access to the justice system, and the asylum process. The Enhance assistance programme from the Foundation has also helped the charity modernise and digitise.

Refugee Woman Connect CEO Alison Moore said: “Before our database support, we had used paper and excel which made reporting really difficult. Our new system’s so flexible – we use it for everything now. When we were first offered Enhance support I did think can’t you just give us the money? But actually, I’m so glad because it would’ve been gobbled up in our running costs. It’s nice to be given trusted consultants rather than having to identify these ourselves.”

The Foundation also influences policy. The “Start Somewhere: An exploratory study into making technology imaginable and usable for small voluntary organisations,” shared findings on a study of small charities and the use of digital. Conclusively the authors found that while smaller charities were slow to use technology they did see that tech was more than just about IT or social media. As a broad policy target, these studies show just how important digital design investment is across an entire organisation.