Lloyds Banking Share Discussion Threads

[minerve 2] 19/1/2020 14:51

"With AI and EV charging becoming more of a factor more standardisation is inevitable."

So if standardisation is inevitable why try to break away from what globalisation will eventually force?

Dum de dum.

[1carus] 19/1/2020 14:35

God there is some tripe on here at times. Anybody here working within the food industry?. There is plenty of legislation that is currently under EU legislation relating to food safety, weights and measures and food packaging. These set out some legal requirements ... a lot actually.. and additionally make references to good practices. Most of the grub that is bought comes from the supermarkets... In reality the supermarkets set out their own individual codes of practice for their supplychain that go well beyond the legislation - in this area we will continue to be more than compliant with eu legislation.
As for the car industry... the European car manufactures argued that cars are more expensive in the uk as they are built to different standards - which is pish of course. Pretty much all cars around the world are built to more homogenised standard than ever before. With AI and EV charging becoming more of a factor more standardisation is inevitable.
Aviation. I seem to remember that the brits and the french built an exceptionally beautiful, technical aircraft nearly half a century ago that is still to be rivaled --- using two different dimensional systems. Aviation is regulated by a history of development, the technical requirements evolve as it does in other industries guided by best practice from within the industries. The thought that people sit in the eu making up these rules is ridiculous - they are all developed by experts in their relative fields. Where there is commerce there is always a way. If the EU decide they want some sort of trade war with the UK they can dream up any reason they want not to trade, and yes they may run to legislation... but its just pish.

[minerve 2] 19/1/2020 14:30

bargain

Just to add: I have tobacco stocks in my portfolio because I generally see them as 'good value annuities'. I don't see great price appreciation but I do see investments that can generate good cash yields for at least a decade or two. They generate the cash I use to buy other equities with and from time-to-time I spend it too. LOL

[xxxxxy] 19/1/2020 14:22

Free to be a sovereign independent Democracy again.Let's kick the EUSSR out of the UK

[minerve 2] 19/1/2020 14:22

bargain

Yes. IMB readjusting. It will be interesting to see how far it continues. Decent covered yield also.

I have Altria in the US too.

So much for my moral high-ground. LOL

Did you buy into CSP or Morgan Sindall?

Costain is also very under-valued but you might want to wait until the future of HS2 is decided before taking a position.

I have all three in my portfolio.

[xxxxxy] 19/1/2020 14:20

Boris Johnson has revealed his bold new vision for Brexit Britain, with plans for trade deals around the world by the end of the year. The decision to press ahead with trade talks with the US, Japan, Australia and New Zealand underlines the Prime Minister's vision for a Global Britain. But the move to access international markets worth almost £50trillion is a slap in the face for the EU – which wanted talks to be solely focused on Brussels. With Chancellor Sajid Javid confirming the UK will not agree to demands that Britain aligns with EU regulations, the prospect of a trade deal with the US will put pressure on Brussels to compromise. The major reshaping of British foreign policy also includes efforts to boost trade with Africa. On the post Brexit trade talks, a Downing Street source said: "Downing Street will begin trade deal talks with the USA at the same time as negotiations get underway with the EU. "The Prime Minister has tasked trade negotiators at the Department for International Trade to start discussions with countries including Japan, New Zealand and Australia, alongside the USA." It is also understood the Prime Minister will be making a set-piece speech in early February to set out his plans for life after Brexit in the UK. – Sunday ExpressBrexit Central

[xxxxxy] 19/1/2020 14:19

htTps://www.food.gov.uk/business-guidance/prepare-your-business-for-the-uk-leaving-the-eu

[1carus] 19/1/2020 14:12

God there is some tripe in here. Anybody work here in the food industry. T

[bargainbob] 19/1/2020 14:00

Minevre Imp doing great guns :-)

[alphorn] 19/1/2020 13:47

"We will certainly benefit from organising our economy for our benefit".

Bookmarked.

How will you measure it? GDP, forex, the weather, your tea leaves? You tell me.

[careful] 19/1/2020 13:46

How can you compare a tiny island state like Singapore to the UK.
Singapore is nicely placed to take advantage if growth in Asia.

the UK is many times larger than Singapore and Singapore have a younger more dynamic population.
The UK have too many unproductive old people.

You are not comparing like with like.
If everyone in the UK dropped dead on their 70th birthday we would be a very wealthy nation.

[alphorn] 19/1/2020 13:45

Singapore also has tax holidays for companies whereby taxable income is reduced/eliminated in other countries eg UK. Is that OK to you too?

[xxxxxy] 19/1/2020 13:44

Free to be be a sovereign independent Democracy again.AlsoROBERT POLATAJKO 17 Jan 2020 10:35PM£15 billion annual EU contributions. £90 billion annual trade deficit with the EU.70% fishing grounds lost to the EU, opportunity cost £5 billion a year.£10 billion annual CAP opportunity cost.They tell us what to do with climate change, environment rules,business rules, vat.They tell us who to let into our country from the EU , costing us billions through low wage, low skill immigration of their unemployed to us.They tell us how to apply trade tariffs and regulations, for their benefit,not our benefit yet they get instant and easy access to the City.We plough money into the European Investment Bank and they tell us when we leave we can whistle for our investment.They want to replace nato yet we help them with military support and intelligence..Did we get any benefit from Eu membership?We will certainly benefit from organising our economy for our benefit.

[xxxxxy] 19/1/2020 13:39

LifelogicPosted January 19, 2020 at 7:43 am | PermalinkTax in Singapore has an income tax rate from at 0% to 22% max above about £180,000. There is no capital gain or inheritance tax. Individuals are taxed only on the income earned in Singapore. The income earned by individuals while working overseas is not subject to taxation barring a few exceptions. Sales tax is 7%.Can we go for something sensible like this please?The UK is hugely overtaxed and has fairly dire and declining public services too. Tax is an incentive not to work. In the UK with income tax at up to 45%, NI at about 23% (both of them), CGT at 28% VAT at 20% and IHT at 40% it is more of an instruction to leave the country.Plus we have all the other taxes on top – insurance tax 12%, stamp duty up to 15% (18% is now even proposed), fuel duty, road tax, alcohol tax, sugar tax, fuel taxes, the expensive renewable energy agenda, the smart meter agenda (both in effect more taxes), council tax, business rates, congestion tax, Air Passenger Duty, parking taxes, licences taxes and fines and all the rest on top.

[alphorn] 19/1/2020 13:39

"Won't it be great to be free again?"

Wins the prize of the strangest post today. Tell me how you are restricted today; your marketplace is limited, movements are limited, subject to media censorship, no free speech, UK Case law restricted, etc etc.

Which is it?

[minerve 2] 19/1/2020 13:34

Thrust from a reasonable example of democracy into a great example of fascist autocracy!

Free! Free!


ROFLMAO!

[xxxxxy] 19/1/2020 13:33

LifelogicPosted January 19, 2020 at 7:15 am | PermalinkSingapore growth rate has been over 6% average for the past ten years. So why are we only aiming for a pathetic 2.8%? Far more scope in the UK for growth if you get the bloated and inept state out of the damn way.6% for ten years nearly doubles GDP but 2.8% for ten years gives just a 30% increase. It is GDP per cap PPP that is perhaps the best measure. 3% GDP growth with a 3% increase in population does not help living standards, it probably makes them worse as we are just more over crowded.

[minerve 2] 19/1/2020 13:33

"Won't it be great to be free again?"

Free from what exactly?

LOL

[minerve 2] 19/1/2020 13:23

I am reminded of Lady Sylvia Hermon (much respected Independent MP for North Down) speaking in one of the key Brexit debates a few months ago. Boris and the ERG had been going on about Alternative Measures for the border in Ireland. She asked the simple question: can you give me a single example of one of these? No reply was forthcoming. There were none.

Exactly the same applies here. If anyone is to believe what the Yoda stunt double has said he needs to come up with an example of a changed regulation or standard which can actually be implemented and make any improvement to anyone.

[grahamite2] 19/1/2020 13:22

If I am making cars mainly to export to the EU why should I add cost to manufacture for the UK product just because the British want it differently?

You probably wouldn't - and that would be your choice.

Won't it be great to be free again?

[minerve 2] 19/1/2020 13:20

maxk

You'll get what are given. Don't you get it? Honestly. LOL