Lloyds Banking Share Discussion Threads

[xxxxxy] 22/7/2020 19:11

John redwood

[xxxxxy] 22/7/2020 19:11

The plundering of our fish stocks was one of the worst features of our EU membership. It combined large environmental damage with large economic loss for the U.K. This must end in December. We want a fishing policy that is kinder to our fish and our fishing industry.

[maxk] 22/7/2020 18:16

If it were as cut and dried as that careful, why are the €U/frogs/spanish etc up in arms?

We are sovereign in our own waters and can amend or cancel any fishing license.

[careful] 22/7/2020 18:10

You need to do some research on the topic of UK fishing rights quotas.
None of you seem to know anything.

It is true that a bit over 50% of uk fishing quota rights are foreign owned.

They were purchased in the 1990's as a long term investment.
This was at time when UK fishermen sold out to them to make a fast buck.
There were restricted fish quotas at that time.

Understand this clearly, they own these rights legally.

The negotiation is about more British economic involvement, employing British crews, landing fish at British ports etc.

Don't let Farage and his like wind you up.

We the British own Gibraltar, the falklands and used to own Hong Kong for 100 years.
International law will not allow us to steal fishing rights off the foreign owners.
Any more than the Chinese could replace our undemocratic governor of Hong Kong.

The referendum did not give the uk the right to break international law.

Do some research.

[poikka] 22/7/2020 17:32

CP - "which have all but ruined our fishing industry."

So very true.

[poikka] 22/7/2020 17:31

All that dosh heading towards Southern EU countries has as much to do with keeping the EU dream afloat as it has to do with helping them out of the coronavirus hit.

[cheshire pete] 22/7/2020 17:30

Alphorn: #746 "There will be as many EU, US and Chinese entities holding whatever UK rights and properties that they may wish to buy. You are in some dreamland if you believe otherwise."

Dress it up as you wish, the point is we will be in control of what happens in our waters. If we want to do deals that allow others to fish then we can but on our terms and not the EU's, which have all but ruined our fishing industry.

[polar fox] 22/7/2020 16:36

Are you a stand-up comedian in the evening?

In reality, everyone gave up on repayment years ago - the gov't has been left to realize what it can from its holding in the years ahead and the huge loss will eventually be spirited away in some dusty ledger, to the cost of the country and future generations. I think that sums it up.

[careful] 22/7/2020 16:25

The question the Scottish Nationalist face is whether life away from the UK will be any better than life as part of the UK, despite its problems.

Same as the decision the UK made with Brexit.

That famous WWI cartoon;
'If you can find a better hole then go to it'

[careful] 22/7/2020 16:20

The single currency makes it difficult to walk away from the EU.
Can you imagine the economic chaos of starting out with a new currency?

Nicola Sturgeon and those wanting Scottish independence will find the currency problem very difficult overcome.

And how much of the UK national debt will they inherit?

[xxxxxy] 22/7/2020 16:04

The EUSSR is no longer just BAD, it is DEPRESSING....Balraj Sanghera 22 Jul 2020 3:30PMMarkets are good at pricing risk. Mutualising debt then giving away large amounts in grants w/o reform sounds ludicrous and difficult to price.It sounds like being in a relationship where one of you is lousy with money and fritters it away. You take a loan and continue to give some to your partner without education or help. It will end in tears!Eventually you will both be affected and have to make sacrifices to pay it off.It's better we are not part of it .However it could be a good way to make it too expensive for future countries to walk away from the EU projectDaily Telegraph

[careful] 22/7/2020 15:40

I fear that Boris Johnson could be the worst and most disastrous PM in recent history.
And I voted for him.

Although Starmer looks like a potential prime minister the Labour Party has an all powerful 500,000 looney left membership with the power to de select and decide policy.

On the other side we have about 180,000 Tory party members with similar powers.
They think that Britain is still all powerful as in Victorian Times.

Worrying.

[optomistic] 22/7/2020 15:37

RBS...now that they are not the RBS anymore does that mean they won't have to repay the government the money as Lloyds did ;-)

[careful] 22/7/2020 15:31

All this talk about WTO. after a no deal Brexit.

America founded the WTO but now Trump says the USA is leaving the WTO as America is not being treated fairly.
Some say the demise of WTO could cause a serious collapse in global trade.

I cannot understand the Boris Johnson strategy here.
He seems to be in very close contact with Trump on most issues.
What are they up to, and what happens post no deal Brexit?

Are we bout to rely on WTO as America leaves it?

[minerve 2] 22/7/2020 15:29

Starmer to good for Boris at PQ.

[utyinv] 22/7/2020 15:23

New Chairman Budenberg was awarded a CBE in 2015 “ For services to the taxpayers and the economy “.

Does this chap have the right credentials?

[minerve 2] 22/7/2020 15:22

Boris has no intention of a deal.

[minerve 2] 22/7/2020 15:20

Benefits of a Buffett education!

LOL

[careful] 22/7/2020 15:20

Alphorn.

Some compromise will be found.
So much talk about simple issues that most of us could settle in a week.
Most of the time both sides are trying to appeal to their supporters.

All of that EU. huffing and puffing last week,
It was obvious a deal would be reached.

Business will find a way of operating.
Ways round rules and tariffs will be found.

[minerve 2] 22/7/2020 15:19

I have a portfolio that is yielding 9% a year in dividends, the yield is much higher for ‘owner earnings’ and my risk of long-term capital losses is very low because intrinsic value of owned stocks is much much higher than average buy in. I’m mostly invested rather than cash so returns are compounding.

[polar fox] 22/7/2020 15:19

RBS has officially changed its name today, to NatWest Group. There's an RNS this afternoon, with all the detail.

[polar fox] 22/7/2020 14:53

RBS is now NatWest Group. There is an RNS this afternoon, giving the detail.