Lloyds Banking Share Discussion Threads

[guss] 20/4/2020 09:39

Where are all these infected foreigners going. They are not on the streets, they are not on the beaches, they are not mixing with Brits in the clubs, pubs and restaurants.

The virus is already here, and here to stay. It’s get over it or get a vaccine, that’s it.

Maybe all the foreigners are in the fields picking fruit and veg as us Brits are far too posh to get our hand dirty.

[ignoble] 20/4/2020 09:26

Very well said...
Doesn't make sense to me

[maxidi] 20/4/2020 09:00

If it gets to 20p I'm in for a big top up!

[diku] 20/4/2020 08:58

This Governor need to realise the Banks staff are also human and they too also have to observe social distancing in work place some staff might be sick or in isolation due to family member...how about this BOE guy goes to help out the real banks to see how the applications are coming in and help out in approvals...banks are inundated with applications and staff have to do loan application checks thoroughly...why doesn't the BOE underwrite approve 100% of the loans then no need to do any checks...job done... 

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The governor of the Bank of England has urged bank chief executives to speed up lending to cash-strapped SMEs as a result of the Covid-19 outbreak.

Andrew Bailey was speaking to journalists on a conference call on 17 April when he warned that delays to cash funding could “destroy people’s livelihoods” and warned there could be “scarring̶1; to the economy that could leave lasting damage.

Bailey said: “From an operational point of view, I’ve talked to banks a number of times. I’ve made it very clear to them. They’re under no illusions that they’ve got to get on with this.”




Bailey recognised that caution needed to be taken when deciding to loan money to a company that may not be able to pay its debts once the Covid-19 lockdown is lifted, but he urged banks to “sort out” the operational delays in processing loans to SMEs.

In mid-March chancellor of the exchequer, Rishi Sunak, unveiled the Coronavirus Business Interruption Loan Scheme (CBILS) scheme targeted at SMEs with an annual turnover below £45m.

The British Business Bank (BBB) run scheme provides access to loans, overdrafts, invoice finance and asset finance of up to £5m for up to six years.



The government will also cover the first 12 months of interest payments and any lender-levied fees.

To date, more than £1.1bn has been handed out to SMEs, according to UK Finance, the trade body for banks and finance companies. Although this means just 21 per cent of

[buywell3] 20/4/2020 08:46

20p anyone ?

[maxk] 20/4/2020 08:45

They've got more management than they know what to do with.

[frankie83] 20/4/2020 08:44

It's because the government want to be the hero's in all this.... use their own methods and own sources, so when they stiff us at a later date they can say they needed to.....

[cheshire pete] 20/4/2020 08:42

Well said UTT. Hospitals have discharge co-ordinators. Sounds like they need PPE co-ordinators if they haven't got them already. If running low, disinfect and re-cycle until new supplies arrive.
Local management needed, not down to the Govt. to micro-manage everything.

[maxk] 20/4/2020 08:32

Yep, make the stuff here. It's not rocket science.

[ladeside] 20/4/2020 08:24

Why should people like myself who are working right through at their offices etc, be expected to pay for those sitting at home watching TV?

Theres also lots of frontline workers being paid less for working than those who have been furloughed, so in effect the poorest workers who are putting themselves and their families in danger are actually paying the wages of those lying in the house watching TV, some of which are being handed more than Double the salary of the worker !!

It's an absolute disgrace !!

[bennodean] 20/4/2020 08:23

They have been kidding you it's a distribution problem with PPE.

Christ I could hire a Luton van from Hertz and deliver to all hospitals and care homes in my own county. So how the might of the British Army can't keep the supply chain intact is beyond me.

And now the story has turned to a failed deilvery from Turkey?

Always has been a supply issue.

And as for capacity planning.. how on earth is that a sceince? I have "xx" forecast bodies in ICU, each body requires x nurses with x change of gowns, masks, gloves and visors per shift. Christ that's not even entry level Excel formulas !!

Manufacture the effing stuff in Britain.. we seem to have plenty of firms volunteering but being shunned.

[daddy warbucks] 20/4/2020 07:49

Can someone explain why these trades are showing now when they were obviously traded some time ago, looking at the prices?

[xxxxxy] 20/4/2020 07:25

056. By John Redwood

[xxxxxy] 20/4/2020 07:20

There have been difficulties scaling up the NHS response to the virus outbreak. The NHS is a vast institution with a huge budget and many staff. It rightly needs some well paid managers to run it and deliver on the general tasks set for it by government.In England we have NHS England and Public Health England at the top. I have written recently about the senior management of Public Health England. NHS England is run by seven executive directors on salaries of around £200,000. In 2018-19 NHS England made 31 people redundant in the band £100,000 to £150,000 and made 29 redundant in the band £150,000 to  £200,000. This implies it was not short of management. It had 24,000 employees  to manage and direct its £114 billion budget.It would be good to  hear more from them about how they prepared with Public Health England for the kind of emergency we now are living through, and to learn more of how they organise their supply chains to scale up deliveries of PPE and medical equipment when needs demand.There is also considerable management skill in the operating parts of the NHS at local level. Each area has a Clinical Commissioning Group with senior management to acquire and provide health services locally.  A local District General hospital is organised as a Trust with a team of Executive Directors, as are the Mental Health and Community services through a separate Trust.So the NHS has senior CEOs, Finance Directors, Medical Directors, Nursing Directors, Strategy and Operations Directors at the England level, and at the local level by main activity. The issue today is how they work together to ensure the smooth delivery of crucial supplies to hospitals, surgeries and care homes, and where ultimate management responsibility lies in each case. We need well paid high quality management, but we do not need excessive overlap or too many advisory rather than truly executive posts.Given the numbers and the pay levels of these managers shouldn't we expect them to take some  responsibility for delivery on PPE, equipment and capacity planning.

[minerve 2] 19/4/2020 22:59

Not out burning masts then Cheshire?

LOL

[icejelly] 19/4/2020 22:50

Apparently they were spraying the area with suitable 'rain' to 'help' clean the area

[aceuk] 19/4/2020 22:39

Watch Japan

[cheshire pete] 19/4/2020 22:21

Beijing and Shanghai, both neighbouring Wuhan barely affected by virus. Political and military leaders, and the wealthy live there but none caught virus...very fishy. Speculation that coronavirus is a biochemical weapon.

[cheshire pete] 19/4/2020 22:11

Reparation on a grand scale.

[excell1] 19/4/2020 22:08

I take it that following this pandemic, that all countries that have been badly hit will be putting their claims in against China.

[cheshire pete] 19/4/2020 20:44

Waiting for the first cabinet minister facing fatuous, repetitive questions at the daily briefings to come out and spell it out that the pandemic preparations haven't been helped by the remoaners trying for 3 years to stop Brexit.