Lloyds Banking Share Discussion Threads

[crossing_the_rubicon] 06/4/2020 09:38

"PatientCapital4 Apr '20 - 22:36 - 299359 of 299550
Thatcher fought to keep the grant of milk but was overruled by Heath. Of course everyone conveniently forgets that Wilson had cancelled free school milk for secondary schools in 1968"


No such thing as free milk.
It was paid for. Just not by those consuming it.

[aljm] 06/4/2020 09:31

i stayed in from day 1 of this, 10 days voluntary isolation, unfortunately being married to a key worker, i still got it, so isolation is not the 'fix' that they want if some part of the lockdown, cant. that is where to me, you either 100% lockdown or dont at all, half and half will not reduce the lockdown time anywhere near as effective, but also , what is the alternative ? i really dont know ,we are back to the first statement , people want to see action from the powers from above, it really is a tricky scenario.

[aljm] 06/4/2020 09:27

Pierre, people are looking now for the powers that be to do something, on from what i see , not a lot is being done, ok Boris is not well, that is unavoidable, but what about the rest of the cabinet ? where are they , what are they doing ? we have probably heard more from the queen , than we have the rest of the Cabinet combined, to me , that is not right , and simply not good enough.

[pierre oreilly] 06/4/2020 09:27

I wouldn't say that lade, more cider socialist I reckon.

[ladeside] 06/4/2020 09:25

You know me Pierre, Champagne Socialist and all that !!!

[pierre oreilly] 06/4/2020 09:25

The number of posts on FB i've seen saying 'Everyone stay in and get this thing over with asap'.

Completely and utterly oblivious to the fact that we are told to stay in to prolong the virus effects, not shorten them.

If they want this over with asap, we'd need to have mumps-type parties to try to spread it. (And for those healthy under 40s, I'd sat that makes absolute unassailable sense, and it's even obvious. But people have a mind block and are completely unable to reason).

The key is ''not at risk' (or more correctly, at a tiny risk)

(Those at risk keep isolated until those not at risk have all had it).

[maxk] 06/4/2020 09:21

Wont argue with you on that.

However, who bought millions of test kits that dont work?

[pierre oreilly] 06/4/2020 09:19

Yeah, but these days the gov are told to DO SOMETHING! ANYTHING! It doesn't seem to matter one iota to most whether what they do makes any sense, or kills more than it saves, or whether testing kits actually work. You see, most will be saying to use the kits anyway - better than nothing!

[aljm] 06/4/2020 09:18

from what i understand, they CANNOT test for the virus itself, they can only test for your body developing anti bodies so that is not very useful, they can only tell you if you have had it, they cant test if you have it, if you are in early stages there are no anti bodies being built by your body so the swab will say negative even though you have it. The Blood test is basically the same principle.

[maxk] 06/4/2020 09:14

Britain has millions of coronavirus antibody tests, but they don’t work


Chris Smyth, Whitehall Editor | Dominic Kennedy, Investigations Editor | Billy Kenber, Investigations Reporter
Monday April 06 2020, 12.00am, The Times



None of the antibody tests ordered by the government is good enough to use, the new testing chief has admitted.

Professor John Newton said that tests ordered from China were able to identify immunity accurately only in people who had been severely ill and that Britain was no longer hoping to buy millions of kits off the shelf.

Instead, government scientists hope to work with companies to improve the performance of antibody tests and Professor Newton said he was “optimistic” that one would come good in months.

However, Dame Deirdre Hine, the public health expert who chaired an official review that criticised failures of modelling in the 2009 swine flu pandemic, said that it was “difficult to understand” why the government had not planned for

[pierre oreilly] 06/4/2020 09:13

Mike, did you buy lgen on Friday?

[aljm] 06/4/2020 09:11

CtR, there is also another thing people will forget, regarding the winter side, if/when it comes then a big % of people are already going to have a builtin vaccine to it, their bodies will have developed the antibodies to it, they would have already had it, so in theory they should be immune to it.

[aljm] 06/4/2020 09:08

morning, that graph is a nice thing to see when you log in today

[pierre oreilly] 06/4/2020 09:06

Lol icejelly, newbies here should absorb a bit before making stupid comments.

[icejelly] 06/4/2020 09:04

This is a capitalist website. What are you doing here?

[pierre oreilly] 06/4/2020 09:01

Very newlab Lade.

Wot abart the workers?

At least we see you relish capitalism when it suits.

[hazelst] 06/4/2020 08:37

You really are smart!

[smartypants] 06/4/2020 08:30

The coronavirus lockdown will cost the UK economy £2.4 billion a day for as long as it lasts.
Consumer confidence has crashed to its lowest level since the financial crisis, according to two gloomy new reports about the state of the economy.
Shutting down the economy will reduce Britain’s gross domestic product by 31 per cent as social restrictions prevent businesses from functioning.
Output at hotels, restaurants, retailers, cleaning services, museums and galleries and manufacturing will more than halve.

[crossing_the_rubicon] 06/4/2020 08:29

Certainly positive that

""The slowing death rate over the weekend has offered up a ray of hope for markets more generally, helping Asia markets to start the week on the front foot, while markets here in Europe also look set to open higher," said CMC Markets analyst Michael Hewson.

Italy reported its lowest daily toll in two weeks, while Spanish officials said deaths fell for the third straight day and France reported its lowest daily toll in a week"

But everyone forgets this is phase 1.

Phase 2 comes in fall/winter,once complacency has set in and we are all back to work by latter stages of summer!

What this does show is that quarantine/isolation works. Extreme,but it works.

A far simpler solution would have been for everyone to continue their day as normal but wear a mask.

[smartypants] 06/4/2020 08:27

Pagans..
More UK phone masts have been attacked following a series of arson incidents linked to false claims that 5G communications technology is linked to the spread of the coronavirus outbreak.
In the last 24 hours there have been four attacks on Vodafone’s mobile network, bringing the total number of incidents across the country including arson, attempted arson, criminal damage and vandalism to 20.

[crossing_the_rubicon] 06/4/2020 08:27

"investor734 Apr '20 - 20:12 - 8854 of 8867
Sweden
Coronavirus Cases:
No restrictions, Still number of infections and deaths going down"

How much testing are they doing?
Both for infections,and those who die.
Minimal I'd wager.

Go check where Sweden are on the "Curve"

They're at the case,case stage fyi

[ladeside] 06/4/2020 08:13

Managed to eventually get a few grands worth at just under 28.50, although still very volatile. It took about 10 refresh attempts to actually get an online quote as kept going NT.

Long term theres certainly no harm in it.

[xxxxxy] 06/4/2020 07:34

allowing growth and time to do the trick.While there is no need for swingeing cuts in public spending, nevertheless the Johnson government needs to tame its ambitions for big increases and to examine pet projects afresh. (Who's for HS2 now?) What we absolutely should not do is to ramp up tax rates. Indeed, we should redouble efforts to reform the tax system and lower key tax rates in order to foster economic growth.And we should be bold in undertaking reforms that don't cost anything, that is to say reshaping the regulatory regime to our own needs and dispensing with the EU's protectionist trade policies. Now more than ever, we need to strengthen the wellsprings of economic growth.Full article htTps://www.telegraph.co.uk/business/2020/04/06/nurse-economy-back-health/

[xxxxxy] 06/4/2020 07:18

An exit strategyBy JOHNREDWOOD | Published: APRIL 6, 2020We need to lift the ban on people working. A 3 week firebreak against the virus has bought the NHS time to expand capacity and to handle the resulting case load. As a result there are many more Intensive care beds and oxygen systems available.Government in the next phase should still have as its main aim limiting the number of deaths. That is why it should still strongly advise all those at risk groups and the elderly to stay at home out of contact with possible virus spreaders. It should redouble efforts to ensure all at risk get home deliveries of all they need, and plenty of social contact through the phone and social media.The rest of us should be free to go back to workplaces whilst continuing with strong hygiene measures and whilst keeping a sensible distance from others where possible. We need to rescue the small businesses and save the self employed by letting them earn money again.We should not go for the return of just those people who pass a test to say they have had the virus. The right to work should not depend on some government test which might not even be accurate. We do not want to create a perverse incentive to put yourself in harms way to try to catch the virus so you can then win your freedom. It is difficult to see how you could enforce a ban on people who had not had the virus from travelling and working.The economic cost of continuing with these lock downs will be massive. Unemployment will shoot up to record levels, many  businesses will go bankrupt or go through major financial reconstructions, state spending and debt will leap up, and there will be a major reduction in the standard of living and disposable incomes of many people  previously or still working in  the private sector.