Lloyds Banking Share Discussion Threads

[xxxxxy] 07/8/2020 07:13

The Planning White Paper – the faults of the current systemBy JOHNREDWOOD | Published: AUGUST 7, 2020There is much to support  in the Planning White Paper. I have long advocated a map based approach where each area designates which places are to be green space or farms, which can be developed for housing and which have general commercial use. Speedier decisions, Local Plans only one third of the current length and a simpler approach to an Infrastructure levy or contribution on  developers are all welcome.The present system is complex, expensive and frustrating to developers and local communities alike. It often does not allow a local community to protect areas from housing development  if they are not specially designated as Green belt or SSSIs. Whatever the Local Plan says, determined and well funded developers hire expensive lawyers and keep on with appeals and changed submissions until on national appeal they overturn the local Plan and get their way with a further planning permission. Developers have to allow for  many years of battles, have to pay  big fees to planning consultants and lawyers and enter a variable negotiation over developer contribution.Local Councillors often are dragged from seeking to protect a piece of land from development which is not designated for development in their approved local plan, by the appeals process. They seek a deal with a determined developer on the advice of their planning officers. They are told if they do not do a deal the Council will lose out on a Section 106 Developer Contribution Agreement, as they will lose on  appeal and one may  not be awarded. They are also told they may land the Council with large planning and legal fees trying to defend their local plan, only to lose and have to explain why they wasted all that money.The Councillors who give in then become very unpopular with the local community who sometimes suggest unreasonable collaboration with the developer, when in most cases it is the run of official advice and the likelihood of loss in  the system that causes the about face. The local community wants the Council to defend green spaces and keep local communities apart from continuous urban sprawl.The government wishes to hit high targets for future housebuilding. As the White Paper acknowledges, the problem is often poor build rates despite large numbers of outstanding planning permissions. Landowners and developers can game the current system by building slowly on  land with approvals in order to persuade Planning  Inspectors to allow more planning permissions where the local community wants to keep green space. The government should also as part of  this policy exercise improve its control of our borders and set a sustainable figure for economic migrants as past Conservative governments did or promised to do, to ease some of the development pressures.In future blogs I will look at more of the detail of the proposals in  the White Paper in preparation for putting in my response to this consultation document. I look forward to hearing from constituents in particular about how this might affect us in Wokingham and West Berkshire.

[freddie01] 07/8/2020 06:01

Helping the UK on its path to recovery: Lloyds Banking Group launches The Big Conversation


06 August 2020


Lloyds Banking Group CEO, António Horta-Osório, announces plans for meaningful conversations about economic and social recovery across the UK’s nations and regions.
Findings to be used to support businesses with their recovery, help communities rebuild and inform recommendations for public policy, with the ultimate aim of building back better.
Business and industry leaders, community members, political representatives and expert voices across the UK’s nations and regions will participate in conversations about the road to recovery from the economic effects of the coronavirus pandemic as part of an ambitious grassroots programme being launched by Lloyds Banking Group this summer.

As part of The Big Conversation: Helping Britain Recover, Lloyds Banking Group will run a series of virtual events, initially focusing on small and medium-sized businesses, bringing together local and regional voices to explore the best road to recovery for their region. The series, beginning in September, will consider the challenges, opportunities and critical areas of support needed to help rebuild businesses and communities and inform recommendations for public policy. Findings will be shared across the UK’s nations and regions later this year.

The need for local recovery
While all areas of the country have been affected by the coronavirus pandemic, different parts of the UK will inevitably face different challenges in recovery. In a study commissioned by Lloyds Banking Group in partnership with YouGov, 72% of leaders of small and medium-sized business stated that they think it’s important that economic recovery plans should be tailored to the local needs of each region. Three quarters (75%) said that it’s important for recovery plans to be tailored to meet the unique needs of different business sizes, while more than eight in ten (81%) said that it’s important for government plans for economic recovery to be tailored to the unique needs of different sectors.

Convening expert voices
The Group will partner with the Confederation of British Industry (CBI), whose representatives will bring the experiences of its 190,000 members to the events across Scotland, Wales, Northern Ireland and the English regions. The Group is also proud to partner with the CBI on a new report focused on what's needed to level up the English regions.

António Horta-Osório, CEO of Lloyds Banking Group, said: “The UK is starting to get back on its feet, but the difficult task of rebuilding businesses and the economy lies ahead.

“Our regions and nations have been affected by the coronavirus pandemic in different ways, and our knowledge of regions, sectors and businesses throughout the UK tells us that there is no one-size-fits-all approach to recovery. Lloyds Banking Group is here to help the UK weather this storm and, importantly, The Big Conversation: Helping Britain Recover will bring together key voices from across these regions, sectors and businesses to get to the heart of the issues that matter and encourage true collaboration along the road to recovery.”

Dame Carolyn Fairbairn, CBI Director-General, said: “If the UK is to truly build back better from the sharp hit the country has taken from COVID-19, then we must work from the ground up.

“Local communities have an integral part to play in how our villages, towns and cities recover, helping to ensure that opportunities for people can be both protected and created in the future. The Big Conversation: Helping Britain Recover from Lloyds Banking Group can provide that platform for local voices within communities to help get the economy back on its feet as soon as we can.”

[scruff1] 07/8/2020 05:36

Has he increased his hours?

[minerve 2] 06/8/2020 23:25

Boris the part-time PM.

[minerve 2] 06/8/2020 23:24

More than Boris is doing.

[mitchy] 06/8/2020 23:16

Well the DOW certainly sprinted up on employment figures so 29p - 30p but that would be in a 'normal' market.
At the start of the week I would have written the script for lloy as a bounce to 28.5p with retrace to 25p - 26p before going sideways perhaps with an err to the down side.
However here we sit circa 28p at the end of the week and the DOW looking perky so i'm guessing one last push to 30p - 30.5p before retrace to 26p - 27p next week.
All of the above based around a thorough in depth analysis of my crystal ball.
Thank me later.
Good Luck.

[maxk] 06/8/2020 23:13

Thats more like it.

[diku] 06/8/2020 23:11

Or publicity boost for French President...

[maxk] 06/8/2020 23:09

Lebanon has no leaders.

[diku] 06/8/2020 23:07

Not sure why The French President has to visit Lebanon blast so quickly...doesn't that undermine Lebanon leaders?...

[grahamite2] 06/8/2020 22:46

Indeed cheshire pete. It is some very strange "Conservative" governments we have had lately, squeezing the middle classes until the pips squeak.

[cheshire pete] 06/8/2020 21:02

Tory Governments far far tougher on landlords than labour ever were, the latter not realising what a good wheeze it was and some labour MPs landlords too btw.

[minerve 2] 06/8/2020 20:55

Mr Jenrick’s efforts to promote the new policy were complicated by his recent involvement in a planning controversy in which he pushed through approval for a £1bn development in London’s Docklands after lobbying by the project’s billionaire backer Richard Desmond.



Cronyism is alive and well.

[minerve 2] 06/8/2020 20:44

Where do the Tories get their cash from? Putin cronies, property developers and city spivs. The result? Brexit, ripping up the planning regime and keeping the London money laundry fully operational. Treachery essentially.

[minerve 2] 06/8/2020 20:43

Anti-democratic bureaucratic corruption-friendly “reforms”; being pushed through by a corrupt lickspittle.

Take Back Control indeed.

[minerve 2] 06/8/2020 20:35

Alphorn

I have no problem with you as a landlord Alphorn because unlike the dunces on this thread I'm sure you can look at these things objectively and be aware of both the positives and negatives.

The morons just always jump on the defensive.

[minerve 2] 06/8/2020 20:33

supermarky 6 Aug '20 - 17:52 - 311954 of 311957

"You sound like a childish, insecure moron."

You just don't sound like one, I'm sure you are one.

Thicko one at that!

LOL

[geckotheglorious] 06/8/2020 20:21

hellscream6
Post 311936
"Remove ALL government props in the housing market, and let the free market do its job"

Agree

That includes all renters protections. ie the right to remain in the property even if the lazy ponces do not pay their rent whilst one goes through legal hurdles to evict them.

And woebetide if your tenant is a single woman who suddenly gets pregnant.

Fail to pay the rent, fall 2 weeks behind, then OUT.

Landlord should be able to boot non payers within a fortnight at the latest.

[gaffer73] 06/8/2020 19:32

Let's hope so!

[cheshire pete] 06/8/2020 18:38

Been renting houses and flats for 25 years and can count the number of really bad tenants on the fingers of one hand. Keeping them well maintained, choosing tenants carefully and good inventory recording pays dividends. Outperforms most other investments by the time they're sold, even allowing for CGT.

Can't understand your bile towards landlords Minerve. I'm on good terms with my tenants and encourage them to report problems so they can be dealt with quickly (and more cheaply). Has been a good earner, especially during the Blair / Brown years lol.

[supermarky] 06/8/2020 17:54

previous support becomes resistance.