Lloyds Banking Share Discussion Threads

[cheshire pete] 27/4/2020 11:28

Welcome back grahamite2.

[sikhthetech] 27/4/2020 11:26

The Deutsche Bank warning is very odd..

strange, why give a warning 2 days before they are due to report???


It's very early days to judge the economic impact of Covid19 on the world's economy.
But the Deutsche warning does show the international banks are expecting a big impact...

[bargainbob] 27/4/2020 11:26

Oh suspecting a swing off 20 per cent here this week.

[mikemichael2] 27/4/2020 11:26

sikh, if you are expecting a recession ( nearly 100% sure) then why are you 'drip feeding'??

[bargainbob] 27/4/2020 11:24

And your horse tips are class too. sikh

[grahamite2] 27/4/2020 11:24

There is often harsh and richly deserved criticism of director greed on this board, but you might like to note what has happened at Informa plc, which incorporates what used to be UBM.

There, the CEO and CFO have taken salary cuts of 33%, and all other board members plus the senior management have taken cuts of 25%. Makes a nice change from just firing a few thousand people while giving yourselves a bonus for doing so.

There are some honest people left in England!

[sikhthetech] 27/4/2020 11:22

bargainbob, thanks... I've been investing for over 30yrs and it's worked for me...

[cheshire pete] 27/4/2020 11:08

Your guru Warren B....'buy when others are fearful'. ISA time.

[dr biotech] 27/4/2020 10:58

Deutschebank up 10% today. Beats low expectations. Hopefully same here

[minerve 2] 27/4/2020 10:56

'I feel like I don't count,' says man with MND



Pierre is happy to see you die my friend because his pathetic little ISA has taken a beating.

[xxxxxy] 27/4/2020 10:54

And keep boycotting goods and products of the EUSSR

[xxxxxy] 27/4/2020 10:53

 Home News & research from Brexit Facts4EU.Org Spoilt Frenchman Barnier rants as he no longer gets his way with the UKSpoilt Frenchman Barnier rants as he no longer gets his way with the UKWe look at the extraordinary 'hissy fit' from the EU's Chief Negotiator on Friday© Brexit Facts4EU.OrgA Brexit Facts4EU.Org opinion piece on Round Two of the talks – part-fun, part-serious – Part TwoYesterday we published the first part in our review of the latest round of the Brexit trade talks which took place last week. Part One was very upbeat and covered the British summary. Today we cover the EU's summary.In a somewhat emotional and very long statement on Friday, Michel Barnier railed against the British for... well, for not agreeing with everything the Frenchman and the EU wanted. It seems that the man used to 'Rollover May' & 'Remainer Robbins' might have met his Waterloo.In a splendid display of British sang-froid, and 'steef ooper leep', last week the UK's Brexit team actually stood up for a free and independent United Kingdom at the end of this year.It even looks as though the British might have used the word "non" to Monsieur Barnier and his disciples. Maybe even "Non. Non. Non.... Non-non... Ah non.... Ahhh ca non." (In French a word is often repeated many times instead of applying an adverb as we might in English, eg "Absolutely not.")EU'S STATEMENT ON BREXIT TRADE TALKS – ROUND TWOThe Brexit Facts4EU.Org textual analysis and summaryMonsieur Barnier's statement on Friday was long – over 2,300 words. That's approximately 2,000 words longer the statement from No.10 about the same subject.Below is the video of the statement and here is the official version in text form. We have tried to summarise and comment on some of what Monsieur Barnier said, below the video.1. Extending the Transition PeriodThese days, every time an EU official (including M. Barnier) opens their mouth about the Brexit talks, they mention extending the Transition Period. If the talks were going well for them, they would not do so.2. Apparently we now have two BrexitsIt seems from M. Barnier's statement that the EU has just invented two new terms: 'Political Brexit' (which took place on 31 Jan 2020) and 'Economic Brexit' (scheduled to take place on 31 Dec 2020).3. UK Government has rejected extensionM. Barnier confirmed that the UK Government has once again rejected any idea of extending the Transition Period beyond its programmed date of 31 Dec 2020. Yes. How many times do they have to be told?4. Barnier's "teeking clock"Barnier introduced the next section with his famous clock. "More than ever the clock is ticking. More than ever." It should be noted that Barnier does like to repeat himself. We know people who say that if they hear Barnier talking about his "teeking clock" one more time, they may have to clock him with it. (All PC snowflakes please note: This is British sense of humour and is metaphorical, not literal.)5. The EU's strange prioritiesNext, Barnier outlines the three priorities as he sees them, in order. This is where the real problems start to emerge.a) "Ensuring the proper implementation of the Withdrawal Agreement;b) "Preparing ourselves to the negative economic consequences that the end of the transition period will entail;c) "Negotiating a future partnership between the European Union and the United Kingdom with a view to limiting those negative consequences."No Monsieur Barnier. You are supposed to be negotiating a trade deal. Let others worry about the shockingly-bad Withdrawal Agreement you were part of, and let even more people worry about the "negative consequences" for your EU at the end of the Transition Period.You should just apply your mind solely to the subject of agreeing some sensible trading arrangements between the EU and the UK for the years to come. In an economic meltdown, surely that's the least you can expect to do for your troubled Union?6. 'Hissy fit'In the next stage of his statement Monsieur Barnier really starts to display his nervousness that things are not going his way. He wades into the UK on a variety of issues, in essence saying that the EU has behaved impeccably and the UK has behaved very badly."I regret that the United Kingdom refused to engage seriously on a number of fundamental issues""This document must be implemented seriously, precisely and objectively. I regret to say that this is not yet the case.""We cannot accept to make selective progress on a limited set of issues only""The UK cannot refuse to extend the transition and, at the same time, slow down discussions on important areas."As most readers will recognise, this is hardly the most diplomatic language. In fact we would go as far as to say that Monsieur Barnier is 'in a right strop'. He then goes on to try to belittle the British, again.

[minerve 2] 27/4/2020 10:51

Which cakes are bigger?
The British ones, or the 27-Nation-EU ones?

Who has the biggest mouth shouting to retain their cakes and eat them as well?

[minerve 2] 27/4/2020 10:50

"And f those with cancer and other severe illnesses, just let them die. Just carry on with the increasing spouse beatings, the increasing suicides, the increasing sense of hopelessness, the massive disappearance for ever of many jobs, the increasing UK hunger, the inability to feed your family, the increase in begging for food, etc etc etc."


Yes, but they can hide the FAILED HARD-BREXIT behind it and the thicko gammons KEEP ON LAPPING IT UP.

Mentally challenged loons.

[minerve 2] 27/4/2020 10:48

Brexit remains a pointless act of self-harm, sold by a bunch of charlatans who have been found out, both by CO-19 and by the reality of the negotiations. Maybe they can keep the lies going for a bit longer with the support of Murdoch et al. But most likely they will soon face the lynch mob, particularly if they Hard Brexit after the epidemic.

[pierre oreilly] 27/4/2020 10:47

Cheshire Pete ..... And f those with cancer and other severe illnesses, just let them die. Just carry on with the increasing spouse beatings, the increasing suicides, the increasing sense of hopelessness, the massive disappearance for ever of many jobs, the increasing UK hunger, the inability to feed your family, the increase in begging for food, etc etc etc.

[cheshire pete] 27/4/2020 10:42

Alphorn: "max - I wonder what has given GBP a boost this morning?"

Obvious....Boris is back, Boris is back. Great speech, took control rather than get kebabbed by muppet journos at the briefing. Let Raab or Rishi bounce them.

Bonehead labour MP calling for a plan / exit strategy....when is the penny going to drop, the only real exit strategy is to get a vaccine.

[minerve 2] 27/4/2020 10:37

Banks should have behaved better when they sold the product, shouldn't they!

Guffaw guffaw!

[mr.elbee] 27/4/2020 10:32

marxist bailey nearly bankrupted the banks with PPI

they are not falling for it again.

[maxk] 27/4/2020 10:30

Firms face ‘extra barriers’ for coronavirus business interruption loans


Callum Jones
Monday April 27 2020, 12.01am, The Times



Banks have been accused of erecting “unnecessary barriers” for companies seeking emergency government-backed loans.

Industry leaders have expressed alarm over so-called “pre-application applications”, which are not included in the banking sector’s data releases. Last week UK Finance, which represents lenders, reported that 36,000 official applications had been lodged under the scheme.

Lloyds Banking Group is said to have sent a nine-page document to businesses inquiring about support, requesting detailed information before they can progress to a formal application. The bank, which informs UK Finance of an application only once companies have supplied more information, is understood to be refining its administrative processes.

Lloyds has already come under fire for not pulling its weight. It has 19 per cent of the small business market, but has


Paywall:

[minerve 2] 27/4/2020 10:25

Gammons can't handle the truth. But I'll continue to post it, filtered or not.

[maxk] 27/4/2020 10:21

Yes, the filter. Not as good as a trip to the vet, but near enough.