Lloyds Banking Share Discussion Threads

[gbh2] 21/1/2020 08:10

Warning of Doomsday and Resurrection in the Express this morning, little wonder the market is down ;)

[jordaggy] 21/1/2020 08:09

...more bad news for banks!

[wendsworth] 21/1/2020 07:55

mitchy : Indices down across the board. China and Hong Kong down some 2% . Have re-adjusted my buy to 55p! Don't see your 50p before 20/02 ...but who knows ? Market is due a correction?

mr elbee : Have others been reading the Daily Express ...since 2016 (!) ...?!

[xxxxxy] 21/1/2020 07:23

Domestic production and state aidBy JOHNREDWOOD | Published: JANUARY 21, 2020As we leave the EU we need to create our own approach to preventing unfair competition and avoiding unacceptable subsidies. The very wide ranging EU regime under the control of the Commission and Court can be too long winded and unfair itself.There are some industries which can benefit from exit from the EU once we can change the rules. Fish is the most obvious which I have talked about before. As we take control of our fish stocks again we need to stimulate a larger domestic fishing fleet to capture a much larger proportion of a smaller total catch. This in turn can act as a means of creating a larger fish processing and related food products industry.Farming too can be given a domestic boost by leaving the restrictions of the CAP and providing a system of financial support which encourages more domestic food production.When we leave we will also be able to strengthen our domestic capability to provide the weapons, vehicles and protection that our armed forces require from their suppliers. When the government wishes to buy naval vessels or aircraft or body armour or small weapons the competition should preferably be organised for domestic producers so that the technology and ability to scale up production rests here in the UK should need ever arise created by a larger conflict. We can rebuild parts of our defence industries that have been run down in recent decades as a result of smaller budgets and shared procurement.Where we wish to buy good products from allies that are already available we should seek the capacity to make them in whole or part under licence, to have access to the technology, or have an alternative we can control in the event of disagreements. Of course there are benefits from sharing ideas with allies and from buying from each other, but there needs to be fair give and take and satisfactory arrangements to ensure we have the ability to replace and repair the weapons in any circumstances.

[jordaggy] 21/1/2020 05:07

As painful as our political system can sometimes be, spare a thought for the Thai people. Say anything bad against the monarchy and you will be imprisoned. Form a party and demand democracy and you will be taken apart by the elite.

Our politics are grubby and nasty at times but it's still the best system in the world.

[sentimentrules] 20/1/2020 23:10

Now thats news

[sentimentrules] 20/1/2020 22:02

You can buy a fascinating microbiome pill that pumps banks.

[alphorn] 20/1/2020 21:32

PC - it also means that the three tickers accept whatever is written without thinking whether it makes any sense.
Globally it is likely to be a challenging few years. In so far as the UK is concerned the smooth exit is key. (That as I have stated before is my hope that no idiot screws that up).

[patientcapital] 20/1/2020 21:19

Alp.,





Sloppy of me for not spotting and also ITV for missing the decimal.


Notable that while UK growth last year was low it still exceeded that of Germany, Italy and Japan, and the Euro area as a whole - source, your link.

[bargainbob] 20/1/2020 19:48

Get cheshire out for a night too.

[diku] 20/1/2020 19:00

bob...that is the plan...Queen Victoria pub...

[alphorn] 20/1/2020 18:57

There were small downgrades across the globe with the biggest downgrade for India.

[bargainbob] 20/1/2020 18:56

Diku , i think you and Minerve should go out for a pint . Your virtually neighbours .

[alphorn] 20/1/2020 18:54

PC - why didn't you add IYO?

The IMF left its forecast for UK economic growth this year and next unchanged, but warned that the outlook depended on Britain avoiding a no-deal exit from the EU.
They said the UK economy would grow by 1.4 per cent this year and 1.5 per cent in 2021 after anaemic growth of 1.3 per cent last year. The figures are unchanged from its October forecasts.

“The growth forecast assumes an orderly exit from the European Union at the end of January followed by a gradual transition to a new economic relationship,” its World Economic Outlook said, adding that its forecasts depended on the UK and EU “averting” a no-deal exit.


Where did your decline to 1% next year come from. A link please.


edit: here is the full report if somebody has insomnia:

[diku] 20/1/2020 18:42

Talking of Carbon...Min what is your carbon foot print apart from polluting on ADVFN all day every day...

[maxk] 20/1/2020 18:19

Or, Blighty can stay tethered to the €U Titanic and follow Germany and La Belle France down the plughole.


Diverge sounds like a likely option. The only one in fact.

[patientcapital] 20/1/2020 17:44

The IMF's assessment of the UK prospects over next two year is relatively upbeat.It predicts that growth will "stabilise" at 1.4% in 2020 and 1% in 2021, weak by UK historical standards but growth none-the-less and stronger growth than the IMF is predicting for Germany, France and Japan.

[crossing_the_rubicon] 20/1/2020 17:37

"Read the Express headlines if you want Pending Disaster in every other paragraph!"

Project Remoan dont you mean..

They've been peddling disaster daily since June 2016.
Express, not so much.

In fact I'd expect the BBC or Guardian have pushed far more disasters over the last 3.5 years than Express by a country mile!

[minerve 2] 20/1/2020 16:40

Sajid: It's every country's right to diverge if it wants to.

Phil: But you can't diverge or you'll blow up the economy.

Sajid: Don't you oppress me.

Phil: I'm not oppressing you, Saj -- you haven't got an economy that can survive divergence. Where's the money going to come from? You going to just keep printing it?

Dom: Here! I've got an idea. Suppose you agree that he can't actually diverge, not having an economy that can survive divergence, which is nobody's fault, not even the EU's, but that he can have the right to diverge.

Bozo: Good idea, Dom. We shall fight the oppressors for your right to diverge, brother. Sister, sorry.

Phil: What's the point?

Bozo: What?

Phil: What's the point of fighting for his right to diverge, when we can't diverge?

Dom: It is symbolic of our struggle against oppression.

Phil: It's symbolic of his struggle against reality.





ROFLMAO!

[minerve 2] 20/1/2020 16:36

FT, I do think your journalists need to press the government to give specifics and examples of where and how they plan to diverge, and what benefits that may bring.
We are three and a half years on from the referendum, and eleven days from leaving the EU, and it is not acceptable for divergence to still be a vague, undeveloped notion. The government should by now have advanced plans on divergence, and if they do not that is big news that the public deserve to hear. - Comment on FT