Lloyds Banking Share Discussion Threads

[stonedyou] 05/4/2020 09:56

President Trump: 'We're Paying People Not To Go To Work'


Topline: A few days after saying the United States would have "a very tough two

weeks" as the White House predicted up to 240,000 deaths from the COVID-19

coronavirus even with full mitigation policies, President Trump was back to his

message that the country needs to open as soon as possible, saying "We don't want

to be doing this for months and months and months."


•Trump echoed the statements he made regarding the administration's "aspirational"

goal of opening the country by Easter before pushing that to April 30, further

saying "We're paying people to stay home. Think of it, we're paying people not to

go to work. How about that? How does that play? And they want to go to work by the

way. They don't want money."

[xxxxxy] 05/4/2020 09:45

373Professor Self believes with the appropriate funding and support for the remaining stages of research and development, the first form of the test could be available for production within three months.He told the Telegraph: "Three months may seem like a long time at the moment but we have to look at this as part of a broader picture. This virus is not going anywhere fast and so we have to prepare ourselves for possible further waves of this, and also of course, other viruses that will appear in the future."Even if we were in a position to carry out mass swab testing right now for Covid-19 this would not identify all of those who are possibly infecting others in the early stage of their illness."What the neopterin test provides us with is a very early indication that someone has an infection. It would be a complimentary test in conjunction with other testing regimes and would allow us to take a belt and braces approach to managing the disease."

[xxxxxy] 05/4/2020 09:42

True. There is no vaccine. And indeed they may never be in the future. But there is Nature's Vaccine. And that has zero to do with Labour.

[madmonkflin] 05/4/2020 09:41

Amazing how labour voters forget how appallingly bad their candidates and philosophy was in the Thatcher years. Was refreshing to see a return to those years with Corbyn.

[xxxxxy] 05/4/2020 09:39

And the stock of non-performing loans was three-times higher than the US and four-times Japan. So, as Draghi left, the eurozone's banking sector was already a tinder box, ready to ignite – with attention focused on Italy, where around a tenth of bank loans are bad and government debt is 140pc of GDP.The eurozone as a whole, though, represents the world's largest concentration of systemically important banks. That's why the single currency crisis of the early 2010s sent financial markets everywhere haywire. And that's why the eurozone represents the single biggest danger to global financial stability.htTps://www.telegraph.co.uk/business/2020/04/04/eurozone-biggest-threat-financial-stability/

[bargainbob] 05/4/2020 09:28

Was it Soup Ken ?

Maybe it had your name on it .

[maxk] 05/4/2020 09:09

Any of you lot got access to the Torygraph site?





British scientists develop new early warning Covid-19 test

The new test would let me people know they had been infected before they started to show any symptoms

By
Martin Evans,
CRIME CORRESPONDENT
4 April 2020 • 9:25pm

[stonedyou] 05/4/2020 09:05

ADB experts warned in the bank’s annual economic report that the global cost of coronavirus will be up to $4.1trillion.

The figure amounts to 4.8 per cent of the entire world’s economy, much worse than they initially feared in the early days of the pandemic.

Published in the Asian Development Outlook 2020, the new prediction comes as the US and Europe have become the epicentres of the outbreak.

The bank warns of “unprecedented economic disruption” ahead.



More than one million people have been confirmed to have the virus which has killed almost 60,000 victims since originating in China.

Experts fear the worst is still yet to come, with the US taking the leading with the highest case count in the world with more than 275,000.

Despite the figure of $4.1trillion, ADB officials also said the number could still be an “underestimate” due to knock on impacts such as collapsing supply chains and social crises.

[kenbachelor] 05/4/2020 09:04

A box of food was left in our porch yesterday afternoon, and we've got no idea where it came from.

Is the government delivering food to all the old crumblies?

[wllmherk] 05/4/2020 08:37

The position of the Government and supervising agencies is inconsistent. On the one hand banks are effectively forced to cancel dividends to maintain solvency, but, on the other, they have to give out loans on a wing and a prayer.

EI, in answer to your question, I'd say no, LLOY is one of my largest holdings but, there is too much interference from BOE, PRA and Gov. Safer plays at present for my cash so I won't be topping up anytime soon.

wllm

[xxxxxy] 05/4/2020 07:35

Boris Johnson refuses to bow to pressure to extend Brexit transition period

BORIS JOHNSON has refused to bow to pressure to extend the transition period before completely ending EU jurisdiction in Britain. A senior source in Downing Street has insisted that there is "no movement" on the date the transition period ends which was set in law with the Withdrawal Agreement Bill.

By DAVID MADDOX AND DAVID WILLIAMSON

Daily Express

[xxxxxy] 05/4/2020 07:23

Maximum protection to those really vulnerable eg those on immunosuppressant treatment. And the rest of us get on with our lives. Kill the economy and the NHS is dead the day after. End of.

[tygarreg] 05/4/2020 06:12

Xxxxxx, covid is different from all the usual causes of death. Yes there will be a massive overlap of people dying with covid as opposed to "due to" covid.The main difference is the effect it has on nhs. We are geared up to other illnesses. Doctors and nurses are not compromised by other illnesses. They are not frightened to go to work due to cancer patients.It is not a gradual stream of patients, it is or could be a massive overwhelming of the system where decisions will have to be made on who and who not to save. If that person is you or a loved one left in the cold to die because you have diabetes or a bronchial problem or cancer then it's not just a health scare any more, it's a pandemic of frightening consequence.

[jl5006] 04/4/2020 23:16

OAPK
Do your own research M8.
Banks will not be up for20% loss unless there is a security whereby the loss will be recouped. Why on earth would they?
Dont tell me Sam Woods CEO of PRA - man/ woman/they is telling people banks will take a loss of 20%.
bad enough that this 2 bit screwed us all out of our divis. Told CEOs that unless you pull the divis
So many divas in the Quango world.

[tradejunkie2] 04/4/2020 23:14

k38, you should not have bought at 40p, think 20p when recession confirmed.

Minerve, see you at 50p for Taylor wimpey.

[minerve 2] 04/4/2020 23:03

Clapping don't help nurses morons.

[oapknob1] 04/4/2020 22:55

Anyone know how many CBILS loan applications have been made to Lloyd's? How many small businesses have applied for up to £5mill? What amount is the ave small business application for?How many large businesses have applied for up to £25mill? What amount is the ave large business application for?With Govt guaranteeing 80% then if Lloyd's are only liable to lose 20% on defaults how much of an affect will this actually have on Lloyd's? 40 other lenders are available! Take it not every single business is applying for a Lloyd's loan.