Lloyds Banking Share Discussion Threads

[grahamite2] 17/9/2020 15:06

Well said, k38.

[k38] 17/9/2020 14:54

Your second part of your Q ..
I have family in this country and I want them to live in an democratic and free country.
No blsht from the likes BBC and Brussels.

[k38] 17/9/2020 14:49

M2 I am European but I live over 35 years in uk. Pardon my writing skills as I do not learn them at school.. I didn't need it at that time and never thought I would.......;))(Life play funny games sometimes)

[minerve 2] 17/9/2020 14:41

k38

"Unless the top salaries do not go over 500.000"

If you are going to 'sound' like you are British please use the correct notation.

Not the first time you have written like a continental European. What's in it for you, I wonder?

[k38] 17/9/2020 14:24

Unless the top salaries do not go over 500.000 and get rid of their political agenda against Brexit Britain but also get rid of groups like BLM...the BBC is in big trouble.

[dope007] 17/9/2020 14:14

Negative rates are an economic disaster. The BOE is run by complete morons, as is the ECB who are already there on some rates

[essentialinvestor] 17/9/2020 14:12

Is it any wonder, it's reported today UK negative rates are being considered.

[lefrene] 17/9/2020 14:04

Utricky, the BBC has followed the empire building path of so many apparatchiks in public organisations across the UK, most of which need to be completely dismantled and rebuilt to fulfil their original reason to exist.

[polar fox] 17/9/2020 14:01

For info, NatWest has traded below 100p today, for the first time. Lower even than 2008-9.

[utrickytrees] 17/9/2020 14:00

The time is up for the BBC, its guise as a national broadcaster was lost years ago, a lot of its news content is just plucked from the internet it's a yard off the pace, and the next 20 years will see it degenerare further with the loss of the licence fee. Wouldn't be suprised if it were only its world service that remained.

[polar fox] 17/9/2020 13:51

For general info, NatWest has just traded below 100p for the first time. It didn't quite get there ten years ago.

[essentialinvestor] 17/9/2020 12:23

I think Marshall Wace understand risk management better than most PI's.

[alphorn] 17/9/2020 12:22

Looking for something on negative rates that must have just dropped the share price

"The bank does make mention of the possibility of negative rates, and that appears to be hitting the pound (NYSEARCA:FXB), which has dipped a few pips, now down 0.5% vs. the dollar at $1.2904".

[chavitravi2] 17/9/2020 12:20

On reading both comments it would seem Marshall Wace may get burned if a lot of p.i's and insti's buy large. They may have to come in fast and large themselves to close their position.

[mikemichael2] 17/9/2020 11:57

Nice of the French navy to escort the boat refugees into our waters.

[minerve 2] 17/9/2020 11:37

Poverty is relative. In a developed country therefore charities who operate on poverty may have the opinion that it is unacceptable for anyone not to have heating, other energy, water on tap and have to go to the soup kitchen for food. Therefore they may create a definition based on income relative to some average. This is quite acceptable IMO and millions would agree with this. If we are to use GDP as some form of measure of how successful 'the country' is then other measures such as this poverty measure discussed above give us some idea of how that additional wealth created is spread amongst us. In other words there is no point growing GDP if the growth is just going to a small minority.

[grahamite2] 17/9/2020 11:34

Those are fair points, Minerve. But a definition based solely on relative figures has to be unsatisfactory, as much so as a definition that's solely absolute.

If you told somebody in 1930s Wigan that, 90 years in the future, people on the dole would have
their own private cinemas (called TVs)
their own cars
enough dole to buy meat every day
etc etc
it would take their breath away. And they sure as hell wouldn['t call it poverty.

[lefrene] 17/9/2020 11:30

careful, what always kills the escape from poverty for the working poor is the constant rise of rents and house prices which mops up any discretionary spending power that might get spent on goods and services, which would increase available jobs and wages. Until the housing element of an economy is sorted (as it was after WW11 until 1974 when Heath wrecked it), you'll never get an economically healthy society.

[geckotheglorious] 17/9/2020 11:24

Poverty is not having:

1) A proper roof over your head - See Shanty towns in South Africa for example for what makeshift homes look like..

2) Fresh clean water on tap

3) Food readily available

4) Free money from welfare

5) Free NHS

6) Ability to heat your house on tap

7) Ability to cook food on tap whenever you need it - Gas /Electric

8) A car to transport hem anywhere at any time they please

Most of those who claim they are poverty stricken get most of the above...

So no, they are not poverty stricken.