Lloyds Banking Share Discussion Threads

[xxxxxy] 17/6/2020 13:47

Supermarkets set for huge payout after winning Visa and MasterCard fees battleHigh Court rules that both credit card providers set "swipe" fees at an unlawful level, restricting competitionSupermarkets are in line for a cash injection worth "billions" after winning a long-running legal battle against MasterCard and Visa over swipe fees. The victory paves the way for Sainsbury's and other grocers to claim back huge sums in damages. The High Court ruled out that both credit card providers set fees at an unlawful level, which restricted competition. The so-called swipe fees are changed every time a customer uses a Visa or MasterCard debit or credit card to make a purchase. Morgan Lewis, the lead counsel for Sainsbury's and a partner at law Frances Murphy, said: "The judgment will have significant implications, including potentially billions in damages, with retailers lined up to be compensated for the overcharges. "Sainsbury's will now be seeking to recover the full amount of the unlawful charges it has incurred."Law firm Stewarts, led by Kate Pollock, represented Asda, Argos and Morrisons.The judgement did not specify the scale of the damages that retailers are entitled to, but the claims date back to 1992.Sainsbury's is estimated to be entitled to hundreds of millions of pounds, its legal team said. The verdict comes almost a month after another win for supermarket chains after beating HMRC in a business rates battle over cash machines. They won an £500m appeal over whether their cash machines should incur separate business ratesDaily Telegraph

[xxxxxy] 17/6/2020 13:41

Patricia Bullock17 Jun 2020 1:38PMEverything they do at the moment, the bonkers laws passed, is a gross infringment of our civil liberties and it would appear, not even been through due diligence! Talk about a sledgehammer to crack a nut....more like a wrecking ball which has crashed through our lives and the economy! Very scary indeed that they are able to wield so much draconian power over the population!Daily Telegraph

[ignoble] 17/6/2020 13:32

Too expensive
Cancel HS2...

[bbalanjones] 17/6/2020 12:28

A questionable Yank import, but alluding to mentally / socially challenged.

[bbalanjones] 17/6/2020 12:14

stonedyou: Rant on bro, rant on. Perhaps you aspire to become a Patron Saint of the tight fisted?

Ite Missa Est.

[bbalanjones] 17/6/2020 12:12

ianood: I can empathise with your view; I too should have had £8k last month were it not for this horror we are all suffering from. However the BoD had no choice in the action and will ultimately be measured against their response when this crisis is over.

[ianood] 17/6/2020 12:02

bbaj - Give me what I paid for them and I will gladly be more charitable and move on! However, 60% of my pension income has disappeared this year courtesy of the grossly inefficient FCA (not the Government) so charity is going to remain at home this year!

[bbalanjones] 17/6/2020 11:49

All the moaning minnies on this thread, on about LBG and charity, should put their money where their sentiments are = in their wallets. Just Sell! Stop moaning. Divs not currently allowable by Government diktat. What a bunch of tight fisted dorks.

[mikemichael2] 17/6/2020 11:49

Europe, and the people are great, it's the people in the European council and the European parliament that need to change.

[xxxxxy] 17/6/2020 11:32

The EUSSR is a stinking load of FAECES.

[xxxxxy] 17/6/2020 11:31

Tessa Broad17 Jun 2020 10:57AMIt is in our interest to leave with NO DEAL. Leaving would remove all restrictions placed on us by the EU. This way we can hammer down a whole range of taxes including corporation tax to around 12% just as the EU introduce their harmonised model. I think that UK businesses would welcome the opportunity to do business with the rest of the world with not one EU rule or regulation. 1LikeReplyMike Barclay17 Jun 2020 10:59AM@Tessa Broad How are we going to house all the Irish coming to work in the relocated Apple Europe HQ among others!?LikeReplyGee Whizz17 Jun 2020 11:02AM@Mike Barclay @Tessa Broad hire Brits...2LikeReplyTessa Broad17 Jun 2020 11:03AM@Mike Barclay @Tessa Broad We will accommodate any company that wishes to come here, not their employees.1LikeReplyTessa Broad17 Jun 2020 11:10AM@Mike Barclay @Tessa Broad Mike. I wonder how much has the ROI made out of the low corp tax rate over the years. Soon they won't have a veto. Now is the time to leave with NO DEAL and jump into their shoes. 1LikeReply

[xxxxxy] 17/6/2020 11:27

William Beesley17 Jun 2020 11:17AMAnd there was I, in my 'weak minded simplicity',thinking that freedom from or the European Union meant that we no longer had to 'ask their permission' to do anything.... apparently not so!It only serves to confirm that the 'can of worms' that is the EU, should not be approached even with a ten foot barge-pole. As for negotiations with them, Forget it. The only safe way is No Deal! 

[maxk] 17/6/2020 11:07

Trump cant believe his luck. The social justice warriors have arrived just at the right time for the upcoming election.




The State of CHAZ

Seattle’s autonomous zone has become a laboratory experiment in social justice as governance.


Christopher F. Rufo
June 15, 202


The new state of CHAZ has evolved. Over the past week, following Seattle mayor Jenny Durkan’s decision to abandon the Seattle Police Department’s East Precinct Building, left-wing protesters have transformed the surrounding neighborhood into the Capitol Hill Autonomous Zone (CHAZ), hoping to create a new political authority based on social-justice principles. On its first night, the new micro-state was led by the armed paramilitaries of Antifa and the John Brown Gun Club, but after preventing the return of police and securing defined borders, the CHAZ has sought to implement civilian rule.

Almost immediately, activists established a social structure based on a “reverse hierarchy of oppression”: Native American, black, and trans women are the highest authority; diversity determines individual social status; and whites are called upon to perform rituals of atonement. Through a series of speeches and community gatherings, activists have sought to implement the social theory of “decolonization,” which, in the words of Black Lives Matter activist Nikkita Oliver, means overthrowing capitalism, eliminating the structures of “patriarchy, white supremacy, and classism,” and returning the land of the autonomous zone to displaced Native American tribes.



It gets worse..

More:

[grahamite2] 17/6/2020 10:52

Nasty Chinese, they will eat anything that moves!!!

But not cheese, apparently. They regard the idea as disgusting beyond belief.

[mikemichael2] 17/6/2020 10:39

Where did the outbreak begin?

Local media said the virus was discovered on chopping boards used for imported salmon at the Xinfandi market.


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Nasty Chinese, they will eat anything that moves!!!