Lloyds Banking Share Discussion Threads

[stonedyou] 10/6/2020 16:27

Patrick Minford CBE


Q: How will Brexit affect prices overall?

A: "The moment we leave the EU, and leave the CAP and the customs union, prices fall on Day One by 8% and in the long run after that works its way through the economy. This is the case even though we assume that over the next decade EU protection would have fallen gradually to half its current level. It’s still 8% because it lowers prices in the non-traded sector."

[maxidi] 10/6/2020 16:25

Asian guy tells it like it is.

hxxps://youtu.be/2u2cYA48Lbw

[bbalanjones] 10/6/2020 16:22

stonedyou: Lucky to have mostly kept up with investment ISA limits over the years. Can't avoid Tax on pensions. Even Honourariums get taxed these days.

[bbalanjones] 10/6/2020 16:16

maxidi: Thanks, well used to it now but might have to juggle income for some moves. One I've just looked at would be 280k to buy leasehold plus 21k pa costs.(variable)

[chavitravi2] 10/6/2020 16:15

Wot about 5p a share divi!

[chavitravi2] 10/6/2020 16:13

Is that all!

[k38] 10/6/2020 16:10

Maybe earlier than that.. 54p before Christmas. Next year if all goes well with the economy, 74p to 94p

[xxxxxy] 10/6/2020 16:06

Technology must be front and centre for Britain to prosper post-BrexitThe UK can become the world leader in digital trade – but we must be unashamedly pro-techDaily Telegraph

[maxidi] 10/6/2020 15:59

bbj.

Sorry about the cardio problem but G2 suggests a stairlift which sounds like a good idea. As for the retirement living..... it is expensive but so what it is an easier life and that is what I would do if I had physical problems as there is always someone on hand. Take care.

[gambill] 10/6/2020 15:49

K38 see you in 12 months time mate

[stonedyou] 10/6/2020 15:36

Brexit could boost UK economy by £135 billion, say top economists



Brexit could boost the UK economy by as much as £135 billion a year, according to a comprehensive new report by a team of leading economists who argue that it is time to abandon the gloomy forecasts of Project Fear and embrace Project Prosperity – the mounting evidence that quitting the protectionist EU will transform Britain’s prospects over the next decade.

The surge in national output – worth about £5,000 a year to the average UK household – should also be accompanied by an 8 per cent fall in prices – which would add an average of £40 a week to such households, raising living standards, creating new, better paid jobs and cutting unemployment.

They include a reduction in their bills of £2.50 a week triggered by savings in benefits currently paid to unskilled EU immigrants.

The glowing assessment of Britain’s post-Brexit future comes in a 50-page report to be published in full in the autumn by Economists for Free Trade (EFT), a 16-strong group of experts, which includes Patrick Minford, Professor of Economics at Cardiff University and Roger Bootle, Chairman of Capital Economics, Europe’s largest macroeconomics consultancy.

[bbalanjones] 10/6/2020 15:25

maxidi: Funnily enough I originally moved from a Bungalow to a Victorian Terrace 30 odd years ago. 20 years of cardiovascular issues have left me hovering between an armchair and thoughts of a wheelchair. Trouble is too many structural changes to accommodate a wheelchair. So something like retirement living looms. Just old and creaky with a penchant for LBG bulletin board.

[stonedyou] 10/6/2020 15:23

Brexit could boost UK economy by £135 billion, say top economists



Brexit could boost the UK economy by as much as £135 billion a year, according to a comprehensive new report by a team of leading economists who argue that it is time to abandon the gloomy forecasts of Project Fear and embrace Project Prosperity – the mounting evidence that quitting the protectionist EU will transform Britain’s prospects over the next decade.

The surge in national output – worth about £5,000 a year to the average UK household – should also be accompanied by an 8 per cent fall in prices – which would add an average of £40 a week to such households, raising living standards, creating new, better paid jobs and cutting unemployment.

They include a reduction in their bills of £2.50 a week triggered by savings in benefits currently paid to unskilled EU immigrants.

The glowing assessment of Britain’s post-Brexit future comes in a 50-page report to be published in full in the autumn by Economists for Free Trade (EFT), a 16-strong group of experts, which includes Patrick Minford, Professor of Economics at Cardiff University and Roger Bootle, Chairman of Capital Economics, Europe’s largest macroeconomics consultancy.

[stonedyou] 10/6/2020 15:15

Prof Patrick Minford schools the idiots in Parliament about the EU and trade

[bbalanjones] 10/6/2020 15:15

stonedyou: For many years I have only referred to my net earnings as my 'income'. That way I avoid the pain of dwelling on any tax I pay. Civilised living depends on tax take from all and sundry (Death and Taxes) so, just as Boris would say "GET IT DONE".

[maxidi] 10/6/2020 15:10

bbj.
I moved to a bungalow 7 years ago. Really good but I also exercise a lot more to make up for no stairs. Stretching exercises could help keep you supple. Look on you tube for calisthenics for beginners, great stuff. Just a thought!

[bbalanjones] 10/6/2020 14:55

g2: Considered it certainly, however my problems are such that it's easier to move to one floor living. Too many floors, too much maintenance that I can no longer attempt. I am looking at all my options atm.

[bbalanjones] 10/6/2020 14:51

stonedyou: On the other hand I have always been proud to pay tax . . . would not mind paying much more as it would indicate an even higher level of earnings to be so taxed. Tax free earnings are also a great method of generation of income over time.

[k38] 10/6/2020 14:50

Maybe so... but,Somehow the market does not respect Lloyds as its use to, before 2008 but Lloyds will shine once more after a "no deal scenario"

[grahamite2] 10/6/2020 14:47

bb, have you spoken to the good people at Acorn or Stannah?

[grahamite2] 10/6/2020 14:45

Before leaving Farmer Martin, I should mention the case of Mr Purcell of County Cork, a man in his 70s who killed four burglars with a carving knife.

Not only was Purcell not convicted, he was never even tried and in fact he was knighted for his good work!