Lloyds Banking Share Discussion Threads

[jl5006] 31/7/2020 22:47

Sorry
enough time wasted

WTO

[maxk] 31/7/2020 22:22

“That is why we continue to look for a deal with, at its core, a free trade agreement similar to the one the EU already has with Canada – that is, an agreement based on existing precedents. We remain unclear why this is so difficult for the EU, but we will continue to negotiate with this in mind.

[maxk] 31/7/2020 22:19

“Despite all the difficulties, on the basis of the work we have done in July, my assessment is that agreement can still be reached in September, and that we should continue to negotiate with this aim in mind. Accordingly we look forward to welcoming the EU team back to London next week as planned for informal discussions and to the next negotiating Round beginning on 17 August.”

[alphorn] 31/7/2020 22:09

Ut - so that is why GBP has strengthened do you suppose? ;)

[cheshire pete] 31/7/2020 21:42

Statement comes across as very fair and reasonable, far too gentlemanly for dealing with a bunch of racketeers whose accounts haven't been signed off by the auditors.
Just tell them to sling their hook and start trading WTO.
Time for deadlines has passed. What about all the trade arrangements Liam Fox put in place or have they been forgotten about.

[maxk] 31/7/2020 21:25

David Frost's statement following the conclusion of round 5 negotiations with the EU

Posted by:Number 10 media team, Posted on:23 July 2020 - Categories:Spokesperson statements

David Frost, Chief Negotiator, said:

“We have just concluded our latest round of negotiations with the EU. These were the first formal trade discussions to have taken place in London during these talks and were part of the intensified process agreed for July.

“It is unfortunately clear that we will not reach in July the “early understanding on the principles underlying any agreement” that was set as an aim at the High Level Meeting on 15 June. At that meeting, the Prime Minister set out once again the fundamental principles which we have repeatedly made clear would need to underpin any future agreement and which are intrinsic to the UK’s future as an economically and politically independent country. Any agreement needs to honour these principles in full. The EU’s proposals so far, while a welcome response to the Prime Minister’s statement, do not do so, and therefore substantial areas of disagreement remain.

“Specifically, the EU has listened to the UK on some of the issues most important to us, notably on the role of the Court of Justice, and we welcome this more pragmatic approach. Similarly, we have heard the EU’s concerns about a complex Switzerland-style set of agreements and we are ready to consider simpler structures, provided satisfactory terms can be found for dispute settlement and governance.

“We have also had constructive discussions on trade in goods and services, and in some of the sectoral agreements, notably on transport, social security cooperation, and participation in EU programmes. We have also continued to deepen our understanding of each other’s constraints on law enforcement.
“But considerable gaps remain in the most difficult areas, that is, the so-called level playing field and on fisheries. We have always been clear that our principles in these areas are not simple negotiating positions but expressions of the reality that we will be a fully independent country at the end of the transition period.

“That is why we continue to look for a deal with, at its core, a free trade agreement similar to the one the EU already has with Canada – that is, an agreement based on existing precedents. We remain unclear why this is so difficult for the EU, but we will continue to negotiate with this in mind.

“Looking forward, there are large areas of convergence in many of the areas on which we are negotiating and ample precedents and texts on which we can base our work. We will keep working hard to bridge the gaps and find a way through.
“When the next round of negotiations begins there will be not much more than four months left until the end of the transition period. Although we will continue energetically to seek an agreement with the EU, we must face the possibility that one will not be reached, and we must therefore continue preparing for all possible scenarios for the end of the transition period at the end of this year.
“Despite all the difficulties, on the basis of the work we have done in July, my assessment is that agreement can still be reached in September, and that we should continue to negotiate with this aim in mind. Accordingly we look forward to welcoming the EU team back to London next week as planned for informal discussions and to the next negotiating Round beginning on 17 August.”

[bargainbob] 31/7/2020 21:05

Alphorn , that’s not nice what you just done .

Pete and his mates were hosting a Cliff edge party for 12 tonight.

Party pooper.

[maxk] 31/7/2020 21:04

And there was me thinking the cliff edge was the end of June. Done and dusted.


How many cliff edges are we allowed?

[alphorn] 31/7/2020 20:57

Cheshire are you working to a different timetable to David Frost - you had better tell him because he published the timetable today - According to the new timetable, negotiating rounds will take place in August and in September.

You are cleared for landing, ;)

[jezzoo] 31/7/2020 20:31

He's got a foot long spliff on the go

[cheshire pete] 31/7/2020 20:30

Only 3.5 hours left before the no deal cliff edge. No last minute deals yet.

[cheshire pete] 31/7/2020 20:12

Minerve: "I have a significant holding in tobacco."

Very surprised to hear this Minerve given the harm that smoking can cause.

[jl5006] 31/7/2020 19:58

GR
I am sure Gordon made a move. Daniels was not to blame no choice.
On the matter of the infection - who are DoH and PHE trying to protect?
Are these the ppl who have contracted and survived with little in the way of symptoms - or hoards of ppl who are DYING.
Since we cannot go on in this way - pls stop playing games. If die we must then be it so - we do of course.
Who professes that the NHS saves lives - really? Just temporarily at at enormous cost to the taxpayer for those at end of life.
We need to grow up - yes Media - challenge the thinking and get back to work - without a stupid paper mask - which is just a lip service to the dictat.

[maxk] 31/7/2020 19:29

Does Lord Lupton know something we dont..or is it petty cash left over from the directors greedfest?

[k38] 31/7/2020 18:38

I say..Let's go back to work and all the usual stuff and let the strong and the ones with a bit of brain survive. There are rules.. follow them or die. After all 7 billion people and still counting is not good for the planet.

[xxxxxy] 31/7/2020 17:46

stuart birkett31 Jul 2020 4:38PMWhat is the exit strategy for our hapless govt? If there is no vaccine it has to be herd immunity, this existing is no way to live

[hamhamham1] 31/7/2020 17:34

They have settled the PPI, paid back the gov, now this, give it a year or so and then the profits will be spent on divis and buy backs.
Similar with NWG, they plan to buy gov out and then remove those shares.

[garv73] 31/7/2020 17:27

I am of the same opinion, however, I have been saying this for the last 10 years... still hoping....