Lloyds Banking Share Discussion Threads

[mikemichael2] 12/4/2020 13:24

Also very handy that with all that expertise, they have never discovered the exact source.

[cheshire pete] 12/4/2020 13:23

Minerve: "For example, you sit and make money out of property but don't realise your demand has pushed property prices out of the reach of millions."

Private landlords are part of the solution not part of the problem. They take risks of falling property prices, albeit generally low long term, trashing by problem tenants, increased regulation and red tape, void periods etc. Most of these can be managed out. Talk of fresh interest from landlords if prices fall or stagnate. Market forces will prevail, as always.

[ignoble] 12/4/2020 12:30

Trouble is...
If the World is dumped into recession, China will find its markets shrinking
Longer term, maybe it would work

Who knows, not I

[cm44] 12/4/2020 12:13

Now here is an interesting conspiracy theory if you want:Impact of coronavirus on stock exchanges worldwide, within 1 month: ?? -26% ?? -26% ?? -25% ?? -27% ?? -20% ?? -19% ?? -16% ?? -24% ?? -14% ?? -17% ?? -12% ?? - 17%Now, look at this: ?? (China) + 0,3%China, creator of the pandemic, has miraculously "recovered", has almost no more cases of coronavirus. The world is now beginning to feel the effects and panic about the disease. Who recovered first ?? China itself! It seems to be that this virus was a move by the Chinese government in response to the loss of the trade war with the United States. The goal: to throw the world into recession !!!Is the scenario not clear? They are already growing! China bought almost everything it devalued on the stock exchanges around the world ... with that the Chinese became owners of the global companies that are in China and without the money leaving China.

[ignoble] 12/4/2020 12:05

Make money out of property...

When I bought my first house, the average price would have bought 20 Minis

Now 45 years on, average house still buys 20 Minis...

Value of a house doesn't really change but the numbers just get bigger.

In real terms, house were more expensive in the 1870s

They were, of course, bigger than today's houses plus built on larger plots.

It is the land that has value... Can't make more land.
Houses cost very little to build once you take out the 20% plus profit for the builder and labour costs.
Materials are a tiny part..

[mikemichael2] 12/4/2020 11:49

'For example, you sit and make money out of property but don't realise your demand has pushed property prices out of the reach of millions'



'Former prime minister tony blair, his wife and children are registered owners of at least 10 houses and 27 flats between them, including several in central London'

Ye, he was a great Tory.

[gotnorolex] 12/4/2020 11:44

Sir Stirling Moss: Motor racing legend dies aged 90 after long illness

[peteret] 12/4/2020 11:26

Now they have cancelled the dividend and had a slight dip shorly the price can only rise.All the loans they will make to companies to cover their difficulties of the virus are guaranteed by the government to the bank. So if the borrower goes bust the government pays the bank so they can't lose and even if they did somehow the government won't let the banks go bust as previously seen.

[diku] 12/4/2020 11:06

It is not easy as perceived by others...




For example, you sit and make money out of property but don't realise your demand has pushed property prices out of the reach of millions.

[minerve 2] 12/4/2020 10:58

UK 'could have worst coronavirus death rate in the Europe'

Jeremy Farrar, director of the Wellcome Trust, said it was possible the UK could end up with the worst coronavirus death rate in Europe.





Brexit Britain. Get used to coming bottom of the class boys. ;)

[minerve 2] 12/4/2020 10:55

Incompetence starts at 'the top' with De Piffle.

[maxk] 12/4/2020 10:53

Public Health England must be the most incompetent bunch of chancers to ever grab a freebie.

[maxk] 12/4/2020 10:50

Reveal cost of 3.5m unusable Covid-19 tests, health chiefs told

Payment was guaranteed for antibody kits designed to show who was immune but they later proved wildly inaccurate



Michael Savage and Robin McKie

Sat 11 Apr 2020 21.02 BST


Senior health officials are facing demands to reveal how much has been spent on millions of inaccurate coronavirus antibody tests, after it emerged that payments had been guaranteed even if the kits failed to work.

Public Health England is also being asked to disclose which companies the tests came from and why payment was not made contingent on the tests proving accurate. A formal request for the details is being made in a letter by Greg Clark, the former Conservative cabinet minister and chair of the Commons science and technology committee.

Britain ordered at least 3.5 million of the antibody home-testing kits, which are designed to detect whether someone has had coronavirus. The UK government talked up the potential of the tests last month, with Boris Johnson heralding them as a “game-changer” that could give individuals a “green light” to go back to work. Health chiefs said kits could be made available through Amazon and Boots once they had been proved to work. However, all the versions of the tests proved to be too inaccurate to be used.

Scientists have discovered that although the tests can show that a person has been infected with a coronavirus, they cannot adequately differentiate between the virus that is causing the current Covid-19 outbreak and other types of coronavirus –which just cause colds. They found that a range of devices all produced far too many false positives.



More:

[utrickytrees] 12/4/2020 10:44

Surprised hes not got Steve Bray as his No2. Starmers just goes to prove that the labour party are totally disconnected from public opinion. I wouldn't be surprised if there was more collaboration with them other muppet losers who cant win an independence referedum...the SNP to hault Brexit.

[freddie01] 12/4/2020 10:17

LABOUR leader Sir Keir Starmer has come under fire for stuffing his reshuffled shadow cabinet SOLELY with MPs who voted Remain in the 2016 Brexit referendum.

[pierre oreilly] 12/4/2020 10:05

A uni education and bachelors degree just means two things imv. The first is you have the ability to pass, and secondly you are prepared to put the work in to pass. Sometimes, these days, the work required to pass isn't that onerous in some or many courses.

A bit like anything really - nursing, teaching, bricklaying certificates etc. People are different and some brickies couldn't be graduates, and some graduates couldn't be brickies.

But I'm pleased medical doctors have to go to uni and pass, I wouldn't really want someone pumping me with drugs or hacking at my brain or liver if they hadn't demonstrated a capacity and ability to learn. I prefer it to the old days when surgeons were simply barbers who just extended their cutting skills.

[pierre oreilly] 12/4/2020 09:58

Good to see lots pulling together to help out their fellow citizens. My daughter and sil are now churning out 7 'scrubs' per day, and five complete face masks, along with others doing the same. Well coordinated to maintain quality and safety. The material comes from cash raised on one of the cash raising internet sites. They already had material laser cutters and 3d printing equipment, so just a matter of getting down to it. In her group there are 40 others doing the same, freely giving their time.

And MPs too, doing wonderful essential work, awarding themselves and extra 10k for their trouble of staying at home. And they wonder why rspect for MPs is at an all time low. Boris, first thing you could do now from your sick bed without too much trouble is cancel this obscene selfish extra payment.

[bargainbob] 12/4/2020 09:28

Ignoble

You can have all the University qualifications in the world , however it does not mean they are street smart.As we can see. I would have more faith in Jacko than many goverment officials at the moment . High praise Jacko.

We can see that from the goverment of today.
As for Boris lashings and lashings of Ginger Beer will not save anyone , at least himself.

[bargainbob] 12/4/2020 09:13

Utrickytrees , agree .

Hows Derby ?

[ignoble] 12/4/2020 09:10

I am starting to despair of Politicians
If you have nothing good to say, don't say anything.

Half the time, they seem to contradict each other...
Maybe, that is down to the way the Media report things. Who knows...

[utrickytrees] 12/4/2020 09:04

It's a shame Redwood cant identify a single issue where his input might actually produce some tangible benefit to society. Atm hes all over the place firing flak willynilly. It's not the first time I've read on here about him championing the cause of directors who pay themselves dividends instead of a salary to offset tax. How can he possibly be sympathetic to tax dodgers? He cant even identify worthy cause & supplements this by pointing out the bloody obvious & patting himself on the back, I bet government hate the annoying tool. The more I read from Redwood the more underwhelmed I am & to think hes actually being paid an extra 10k is quite frankly nauseating.

[poikka] 12/4/2020 08:37

I see Tedros, WHO Director-General, is receiving more flak over his handling of the coronavirus story, and seems to be justified flak.

But to whom does the media turn its fire? Trumpy, of course.

Tedros needs to go, and the UN, btw, needs a clear out.