Lloyds Banking Share Discussion Threads

[xxxxxy] 07/2/2020 07:48

Average incomes and growth ratesBy JOHNREDWOOD | Published: FEBRUARY 7, 2020I do find it extraordinary that people write in to complain about me citing World Bank figures for GDP and Incomes per head for the EU, UK and USA. They complain I am attacking the EU because it shows  the EU with the lowest figures of the three.  I am merely stating the facts as set out by an international body these correspondents are usually keen to praise. I have no reason to doubt their past statistics, though I do not always agree with their forecasts.As we prepare for full departure from the EU it is most important we look at what works. What does the USA get right to promote prosperity, freedom and happiness for the greatest number, and what does the EU get right? What do we wish to change, because we are currently following the EU model, and what do we wish to keep because it is good?One of the big differences which will be contentious with some is the different approach to energy. The USA is increasing its output of oil and gas from onshore deposits. The EU is against further exploitation of oil and gas deposits and shale reservoirs at home, but is wedded to importing more gas from Russia. It is busy constructing a new large pipeline to increase its dependency on Russian gas. If you wish to promote higher incomes and more jobs at home you need to accept more domestically produced gas and oil. If you wish to be greener you need to reduce reliance on  Russian gas and find alternatives that meet your green requirements.The USA has increased its oil output by more than fifty percent, taking it up to 13 million barrels a day this year. This big expansion in recent years has been an important boost to incomes and jobs. Meanwhile  Germany imports 90million tonnes of oil a year, and burns its way through 66 million tonnes of coal a year to keep the wheels of its car factories and other industrial activity turning. Burning so much coal is not a good idea in  the leading industrial economy in  the EU which claims it is a world leader in  removing fossil fuels.  The EU is a large user of coal but  is of course dwarfed by China which consumes 4 billion tonnes of coal a year. None of these industrial economies is yet able to rein in their use of fossil fuels in the way the Green movement would like.The UK needs to move back to energy self sufficiency, without coal in  the mix. This may well require more UK gas to replace imports as well as further renewable electrical power.

[joe say] 07/2/2020 07:33

You sound surprised Tygarreg

Gave up on that along time ago - biased as hell

Time to do away with the licence fee to fund this propaganda - even the Russians got their Pravda news free of charge

[bookbroker] 07/2/2020 07:15

That likely as a result of the Govt. bailout, off course Treasury no longer has stake, and the share price will only arrive above a quid with a consolidation of stock, I suppose one consolation is the lack of likely volatility due to the immense number of share in issue!

[gaffer73] 07/2/2020 05:09

Rightmove also had a very successful share buyback programme which helped their share price rise 1000%

[tygarreg] 06/2/2020 23:20

BBC have really loaded QT tonight with liberal lefties!

[sentimentrules] 06/2/2020 23:08

The home of freedom. The 'house of commons' found trump innocent. The house of Democrats and republicans said. ..

'trump has being wronged and now we put it right'

I wish the UK parliament could learn from them. And get justice done in days. Not 3.5 years of 'owned votes'

They united for the sake of justice

And sent forth a great man to serve his country with honour , for years to come

[maxk] 06/2/2020 23:01

Move to Amerika Min, I'm sure they'd love to have you.


All the problems solved .. just follow Chairman Min's directions.

[minerve 2] 06/2/2020 23:00

Yeah, listen to the oracle...

LOL

[k38] 06/2/2020 22:50

She is a moving skeleton but what you expect when politics becomes family business... in the end of the day voters get what they deserve.

[sentimentrules] 06/2/2020 21:51

Surely between ripping up the speech and not accepting the democratic vote , she must now. ..

Your....fired. ...

[sentimentrules] 06/2/2020 21:49

Democracy prevailed. An innocent man not hung

Now he will landslide his way to a new term

....

That house speaker is a proper knacker

[sentimentrules] 06/2/2020 21:48

I knew 52 48 would be an issue

[sentimentrules] 06/2/2020 21:41

Although remain may argue that given the 52 48 split lol

[sentimentrules] 06/2/2020 21:40

Trump innocent. Fully exhonerated by the democratic cross party house

[minerve 2] 06/2/2020 21:30

What you see is what you get
You made your bed, you better lie in it
You choose your leaders and place your trust
As their lies puts you down and their promises rust

[sentimentrules] 06/2/2020 21:28

"After months of intense negotiations, he failed"

[sentimentrules] 06/2/2020 21:22

Mackay tries to recruit a special adviser for Scottish finance

[minerve 2] 06/2/2020 21:18

It looks like they both have 5 O'clock shadows.