Lloyds Banking Share Discussion Threads

[bargainbob] 15/9/2020 18:13

Like it or not Jacko, Minerve is the top poster on this thread , a man of vision . imho

[xxxxxy] 15/9/2020 17:36

So where does the Brexit Party go next? Well I think everyone agrees this will only become clear when the current Brexit negotiations are completed. Almost laughable is the current pantomime of brinkmanship we see being played out. Of course this is the EU form of negotiation and we have learned the hard way that you have to fight 'like with like!' When eventually, and it may even be later than the October the 15th deadline where we have an agreement or we walk away, the Brexit Party, which is in the wings and waiting, will either redeploy or rebrand. Often on social media, the critics of Nigel are keen to label him as irrelevant.  How so wrong they are!  Boris Johnson is well aware of the clear and present danger of a Brexit Party redeployment in the eventuality of a BRINO deal with the EU. Any blink by the Prime Minister will, overnight, turn his eighty seat majority into a fragile position! Yesterday Nigel Farage issued a tweet that reminded the Prime Minister he is watching the Brexit negotiations with interest: "The withdrawal agreement as it stands is not the Brexit we fought for. Boris misled us but is now trying to make amends. MPs who vote for Brexit in name only will see campaigns launched against them in their seats." It immediately caught the attention of those monitoring the parliamentary debate and made people wonder, what next? Farage has brilliantly reminded the PM of the danger of straying off course with his almost single-handed campaign of the dangers of illegal channel crossings. Farage forced this issue into the mainstream media and had our Secretary of State, Priti Patel, running around humiliated as she tried to report belatedly on the disgraceful situation she had allowed on her watch. As mentioned, Farage usually reads the landscape well and here he showed how influential and dangerous he is to the Conservatives – especially should Boris renege over Brexit. ....Full article... BREXIT WATCH

[xxxxxy] 15/9/2020 17:28

What's wrong with the Withdrawal Agreement? Ben Habib explainsSeptember 15, 2020IN THIS SHORT INTERVIEW Brexit-watch.org Chairman Ben Habib lays out the case against the Withdrawal Agreement (WA) and the deficiencies of the Internal Market Bill (IM Bill) to Jonathan Saxty. https://www.youtube.com/watch?v=aoELs_3RSEE Article 4 of the WA requires UK courts to set aside domestic legislation if it conflicts with the WA, while the IM Bill requires UK courts to set aside terms of the WA if they conflict with domestic law. There are thus opposing forces. Mr Habib explained his is concern that during the Transition Period the ultimate supreme legal body in such matters remains the Court of Justice of the European Union, so if the European Commission brings an action against the UK to perform the Northern Irish Protocol (NIP) and prevent the IM Bill coming into force, it will be the sole determiner.  Even if this case goes on outside the Transition Period and the ECJ is not the supreme legal body anymore, the ECJ could still bring a case in UK courts and could appeal all the way to the UK Supreme Court. The Supreme Court might find in favour of the EU. The IM Bill is no get out of jail card, Mr Habib claimed. The WA needs to go, the UK has to repudiate it to be free of it. You can view other interviews and subscribe to our brexit-watch YouTube channel here.   Subscribe to our daily tea-time newsletter here,

[covid 19 deal] 15/9/2020 17:24

What good people we are taking about...those brexiters who bet for the demise of their country

[portside1] 15/9/2020 17:21

This bank is run by nutters who are and have just milked it dry The lemon as squeezed to death by the scum directors

[essentialinvestor] 15/9/2020 17:00

Marshall Wace are enjoying a purple patch of late
on the short side.

Some of those may be offsetting long positions elsewhere,
have not looked at their portfolio.

Oddey, another prominent Brexiteer, made some nice gains:

[arjun] 15/9/2020 16:57

7.5% drop tomorrow, hope not!!

[portside1] 15/9/2020 16:53

These will drop 2p tomorrow

[arjun] 15/9/2020 16:52

They have a short position, as we know they have, hopefully they will close their position soon, in run up to Q3 results? ...Lloy share price has to recover some into Q3 otherwise us longs are in the poo, if markets give back some over this period?

[chavitravi2] 15/9/2020 16:38

Arjun, is it them or this Marshall Wace?

[k38] 15/9/2020 16:21

Careful, when you move to Germany pls take M2 with you...lol(careful: We have many friends in Germany that regret us leaving. There are many UK citizens who admire Germans and Germany.It makes me realise that you have never worked with them, known any of them.They are my kind od people.It never bothers me that our Royal Family are of German decent.)

[k38] 15/9/2020 16:16

Is that a good enough reason to give up your freedom to a bureaucratic Brussels dictatorship?Surely not!You can find very good people in Russia and China but you don't want to become part of them and communist.....;))

[dope007] 15/9/2020 15:31

Sadly pal44 I know a lot of medium size companies running flat out with much less staff that are still on furlough. They are definitely asking themselves if they need them!!

[maxk] 15/9/2020 15:23

And that's all she wrote...

[xxxxxy] 15/9/2020 15:14

The government's legal statementBy JOHNREDWOOD | Published: SEPTEMBER 15, 2020Some constituents have asked about the legal base for the legislation Parliament will consider next week. This is it:HMG LEGAL POSITION: UKIM BILL AND NORTHERN IRELAND PROTOCOLThis is the Government's legal position on the UK Internal Market Bill ("the Bill") which was introduced on 9 September. The purpose of the Bill is to promote the continued functioning of the internal market in the UK after the conclusion of the transition period provided for in the Withdrawal Agreement and the European Union (Withdrawal) Act 2018. The Bill also provides for how aspects of the Northern Ireland Protocol to the Withdrawal Agreement apply in the UK's domestic law. In particular it ensures that the government will be able to deliver its commitments to protect peace in Northern Ireland and the Belfast/Good Friday Agreement, and to strengthen and maintain the UK internal market.Clauses 42 and 43 of the Bill give HMG the power to make regulations to (i) disapply or modify the application of any exit procedures that would otherwise be applicable to goods moving from Northern Ireland to Great Britain, and (ii) make regulations setting out how the provisions of the Northern Ireland Protocol on State aid are to be given effect for the purposes of domestic law. The clauses provide that these powers may be exercised in a way that is incompatible with provisions of the Withdrawal Agreement. Clause 45 of the Bill expressly provides that these clauses, and any regulations made under them, have effect notwithstanding any international or domestic law with which they may be incompatible or inconsistent. This 'notwithstanding provision' partially disapplies Article 4 of the Withdrawal Agreement because it removes the possibility of challenge before domestic courts to enforce the rights and remedies provided for in the Withdrawal Agreement. The effect is to disapply the EU law concept of 'direct effect'. This is the case regardless of whether any regulations made under clause 42 or 43 of the Bill are in fact incompatible with the Withdrawal Agreement.It is an established principle of international law that a state is obliged to discharge its treaty obligations in good faith. This is, and will remain, the key principle in informing the UK's approach to international relations. However, in the difficult and highly exceptional circumstances in which we find ourselves, it is important to remember the fundamental principle of Parliamentary sovereignty.Parliament is sovereign as a matter of domestic law and can pass legislation which is in breach of the UK's Treaty obligations. Parliament would not be acting unconstitutionally in enacting such legislation. This 'dualist' approach is shared by other, similar legal systems such as Canada, Australia and New Zealand. Under this approach, treaty obligations only become binding to the extent that they are enshrined in domestic legislation. Whether to enact or repeal legislation, and the content of that legislation, is for Parliament and Parliament alone. This principle was recently approved unanimously by the Supreme Court in R (Miller) v Secretary of State for Exiting the European Union [2017] UKSC 5.The legislation which implements the Withdrawal Agreement including the Northern Ireland Protocol is expressly subject to the principle of parliamentary sovereignty. Parliament's ability to pass provisions that would take precedence over the Withdrawal Agreement was expressly confirmed in section 38 of the European Union (Withdrawal Agreement) Act 2020, with specific reference to the EU law concept of 'direct effect'.

[sikhthetech] 15/9/2020 15:12

ONS figures out today show unemployment has increased. Crucially there are still millions on furlough and their fate will be known from this Thursday onwards, over a period of weeks.