Lloyds Banking Share Discussion Threads

[xxxxxy] 30/8/2020 08:14

"A Union dividend"By JOHNREDWOOD | Published: AUGUST 30, 2020The UK government has started talking in terms of a Union dividend for Scotland. They tell us there is a "Union dividend of £1941 per person" in Scotland "demonstrating the strength of all parts of the UK working together".The "dividend" has two parts. Scottish taxpayers pay on average £308 a year less tax than the UK average. Scotland receives £1633 more public spending per person a year. The dividend of £1941 is up 7.5% on last year.It is interesting that this increase has happened at a time when polls suggest support for independence is rising. This implies voters in Scotland either do not know this fact, or think there are more important things than taxes and spending levels.The government is making an economic case for the Union. It points out Scotland would be massively in deficit if it were not part of the UK. The devolved Scottish government which has been given £6.5bn more to spend during the CV 19 crisis would be struggling on its own, with a £15bn or 8.4% budget deficit before the pandemic recession. This means an even bigger running deficit now.The Union itself should not be in doubt as it was settled for a generation by a referendum a few years ago. I have always only wanted volunteers in our Union and pledged to respect whatever decision the Scottish people took in their big vote. Now is not the time to have another. Wanting to belong to a country is more about feeling and loyalties than about money for the believers on both sides of the argument.For those with less passion about the issue it is important to remember the inability of the independent Scotland side to settle on what currency an independent Scotland would have or how it would handle a collapse in oil prices which duly happened. What do you think about the current level of the Scottish "dividend"? Why is there no English dividend?

[maxk] 29/8/2020 23:34

The members of this org are the movers and shakers...nice job, no blame attached.

[investtofly] 29/8/2020 23:14

Totally CLUELESS Kermit and Miss Piggy would do betterSack the Civil Servants, the FACELESS puppets making the decisions in this country

[jl5006] 29/8/2020 22:26

The masks available serve no purpose - just a comfort vehicle for the vulnerable who should stay in and not stray.
Why are the vulnerable the reason for the destruction of our economy - why did the media swallow this?

[jl5006] 29/8/2020 22:22

mr lb

you have to wear a mask to enter a shop in England
you do not have to wear a mask to enter a shop in Wales
you may have to wear a mask in the corridors of your school
you do not need to wear a mask in the classroom
visitors to shops in England have to wear masks but employees dont
Public Health England - pls go

[minerve 2] 29/8/2020 21:50

Last thing I remember about Trump and Kim is that they fell-out during a meeting and one of them exited early. Kim isn't that well so I guess he isn't going to pick arguments with anyone when his life expectancy has suddenly deteriorated. South Korea/ North Korea relations have deteriorated and that is the bellwether for progress with North Korea.

So all this about Trump being a "class act" coming from cheshire is laughable.

Trump is just as good a class act as you cheshire......in your own underpants. :)

[mr.elbee] 29/8/2020 21:43

some touchy little girls here when you press them about their high IQ's.

Social skills corby?

YOU AINT GOT NONE

[jl5006] 29/8/2020 19:58

And
Stevens has to go - NHS boss who is hiding - WOS

[utrickytrees] 29/8/2020 19:10

Precisely CP Trumps a leader... you dont become a leader by being promoted from within & selected cos your black. Leaders make their own luck cos they're gogetters & charismatic enough to bring people with them. That's the definition of a leader.

[cheshire pete] 29/8/2020 18:50

Obama out of his depth. Admitted as much when he handed over to Trump saying along lines the biggest problem he hadn't been able to address was North Korea. Trump said he'd sit down and have a burger with Kim. Rockets aren't being fired from NK anymore. Trump made it look easy, like all class acts.

[jl5006] 29/8/2020 18:46

league of nations was formed to try to protect and maintain peace.
The successor is the UN - an org that seeks to interfere in everything.
A Brazilian (UN rep)condemned UKs arrangements for housing whilst many of her compatriots live in mud slide shacks - Now interfering in gypsy boats said to be Banksy.
We really do do need to get out of this ultra quangos arrangement. Same WHO.
Those that were paid to - were not up to the job.
I guess that the answer is that whilst in the EU - nobody here could be responsible.
Culling time then tens of thousands - who did nout - work now? from home
robots are very cheap.

[cheshire pete] 29/8/2020 18:45

jl5006: "some good news and they will pay dearly"....absolutely, but have been waiting a long long time for LLOY to come up with good news. Has been a very poor investment but <2% of holdings. Much better returns elsewhere.

[alphorn] 29/8/2020 18:07

It may be their view on the domestic economy and they pick Lloy.

[jl5006] 29/8/2020 18:02

Hedge fund bet.
Normal to have a bet if u see a weakness in the BS and or future earnings
Net assets above 50p
some good news and they will pay dearly

[freddie01] 29/8/2020 17:54

I wonder why they never fixed this racial issue when they had a black president for 8 years?