Lloyds Banking Share Discussion Threads

[xxxxxy] 22/5/2020 08:01

And here's the morning's other eye-popping economic stat: the ONS predicts Government borrowing will have surged to £62.1bn in April – the highest level on record.Stunningly, the budget deficit figure equals the total borrowing for the whole of last year, as Chancellor Rishi Sunak unleashes fiscal relief on a scale Britain has never seen before. Even at the height of the financial crisis, monthly borrowing never exceeded £22bn.Daily Telegraph

[patientcapital] 22/5/2020 07:30

Or infect others which is the most offensive aspect to that way of thinking.

[azalea] 22/5/2020 07:27

Who cares if people who go to pubs and mingle and get infected with the killer virus, as long as the infected don't go running to their nearest hospital expecting NHS workers to risk their own lives trying to save them.

[xxxxxy] 22/5/2020 07:14

Sarah Redpath22 May 2020 7:00AMCoronavirus managed to travel from China so I don't think even 2 meters distancing will be given any credence by the public for long.LikeReplySomerset Boy22 May 2020 5:18AMagree 100% LikeReplyJames Barr22 May 2020 1:35AMDrop the social distancing BS. If people want to go down the boozer, let them go. It's none of the government's business. If the scaredy cats are scaredy, then don't go to the pub. It's terribly simple. Turning the UK into a giant 'safe space' is madness.3LikeReplyTimothy Boler22 May 2020 2:01AMNot for those who want to subvert and control the British people!

[xxxxxy] 22/5/2020 06:59

And maybe reconsider HS2

[xxxxxy] 22/5/2020 06:58

Public spendingBy JOHNREDWOOD | Published: MAY 22, 2020It is right for the government to cushion individuals and businesses temporarily losing their incomes owing to the lock downs. It is right for the government to provide a fiscal boost to offset some of the massive deflationary forces unleashed by the global anti virus policies. It is not right to waste public money or add to the burden of the debt with marginal or unwise spending.So I renew my list of spending reductions that are even more needed now, given the state of public finances.Reduce overseas aid spending. It will exceed the 0.7%  of GDP legal requirement this year given the fall in GDP unless it is reduced. Start by taking £1bn off plans.Improve collection of the charges for use of the NHS by overseas visitors. It is a National, not a Global Health Service. Possible £400 million extra.Cancel HS2 saving up to £100 bn over a period of yearsToughen enforcement against people trafficking to cut the costs of illegal migrants.Insist on leaving the EU at the end of the year with no further payments to them. Savings of £1bn a month thereafter.Stop Councils building property asset portfolios based on low cost public borrowing.

[buywell3] 22/5/2020 03:58

They might go bust one would imagine

[ianood] 21/5/2020 23:17

scruff1 - How come Switzerland thrives on negative interest rates then?

[diku] 21/5/2020 23:01

What about Butlins?...

[diku] 21/5/2020 22:48

They might not get the bonus but don't they the freebie shares?...and those shares are worth something...water tight contracts...

[maxk] 21/5/2020 22:27

buywell's world would be a wonderful world....

[buywell3] 21/5/2020 22:25

Rather negative interest rates buywell would favor giving every UK passport holder and UK taxpayer with over 10 years of payments record

10,000 pounds per person

Those with 5 years to 10 years 5,000 pounds per person

Called Helicopter Money , this is likely to be done in several countries IMO

The Helicopter Money could be drip fed into peoples bank accounts over 10 payments

Those without a bank account would have to contact a Government Claim Office to give ID info

Otherwise the monies could be splashed on daft Stock Market purchases or sent abroad to help nefarious enterprises

boris' standing with the people would rise and the Tory party be a shoo in next time round especially if this was timed with an end to EU negotiations plus a hard trade deal announcement together with a NO 39 Billion EU payment for no deal progress and an announcement that this 39 BILLION WOULD BE SPENT ON NHS NEW ICU UNITS STAFF INCREASES AND EQUIPMENT

IMO dyor

[buywell3] 21/5/2020 22:03

The recent sideways tracking between 28p to 30p or close to could have been due to the recent RNS Holding announcement

If this USA buyer does not add in any meaningful amount , then in the absence of any other buyer adding LLOY could slide in time to the USA DOW chart

Further additions of 2 Millions plus claimants joining the rest will IMO surely start to impact on confidence there

As will worsening Covid-19 case numbers as people start to party after release

IMO dyor

[redartbmud] 21/5/2020 22:01

stoned

Doubt they would have got a bonus anyway.
However you look at the results for THIS year, beginning in 1 Jan 2020 and ending on 31 Dec 20, they ain't gonna qualify for a bonus - unless the bonus scheme is that crooked, it still pays out if the company makes a loss!!

Smoke and mirrors - giving up nothing is easy.

[diku] 21/5/2020 22:00

10,000 is good...

[buywell3] 21/5/2020 21:57

Rather negative interest rates buywell would favor giving every UK passport holder and UK taxpayer with over 10 years of payments record

10,000 pounds per person

Those with 5 years to 10 years 5,000 pounds per person

Called Helicopter Money , this is likely to be done in several countries IMO

The Helicopter Money could be drip fed into peoples bank accounts over 10 payments

Those without a bank account would have to contavt a Government Claim Office to give ID info

Otherwise the monies could be splashed on daft Stock Market purchases or sent abroad to help nefarious enterprises

boris' standing with the people would rise and the Tory party be a shoo in next time round especially if this was timed with an end to EU negotiations plus a hard trade deal announcement together with a NO 39 Billion EU payment for no deal progress and an announcement that this 39 BILLION WOULD BE SPENT ON NHS NEW ICU UNITS STAFF INCREASES AND EQUIPMENT

IMO dyor

[scruff1] 21/5/2020 21:50

Taking interst rates below zero would be diastrous for banks and pension funds - financial experts warn. That let's Bailey out then. We have a right one in charge here. His could be a long tenure

[bargainbob] 21/5/2020 21:47

Last year For Horta Osorio at Lloyd’s , the share price back to where it started. Waste of space.

[utrickytrees] 21/5/2020 20:52

I stand corrected if execs have waived bonuses for the year.

[xxxxxy] 21/5/2020 20:33

319That is poetry.Have a nice evening.