Lloyds Banking Share Discussion Threads

[utrickytrees] 18/9/2020 08:33

& it's her money Hernando.

[chinahere] 18/9/2020 08:20

Yes, it's a virtue-signalling political statement at low cost!

[maxk] 18/9/2020 08:10

But it is useful...to them!

[blueball] 18/9/2020 08:05

Still a sell down to 7p.

[covid 19 deal] 18/9/2020 07:59

Marshall wace to runover with short

[xxxxxy] 18/9/2020 07:22

Negotiating with the EUBy JOHNREDWOOD | Published: SEPTEMBER 18, 2020The only past UK Prime Minister to have conducted a successful UK negotiation with the EU was Margaret Thatcher. I wish the current PM every success in pursuing a Free Trade Deal and a full assertion of UK powers over borders, trade, money and laws.All the other PMs failed to stand up to Brussels bullying or failed to engage to get the UK a better deal in the first place. Mr Heath needlessly sacrificed our fish in a last minute panic to get into the EEC, setting up a running sore about our membership. His terms over money were also feeble.Mr Wilson attempted a renegotiation which gained practically nothing back from the EEC, but did allow him to force his very divided party into accepting the EEC after a referendum. The pro remain referendum campaign told us we were just joining a Common Market with no loss of sovereignty.Over the years instead successive governments surrendered power after power to the EU institutions, making self government impossible.Mr Callaghan accepted the Wilson settlement. He lost the election owing to poor economic management, partly triggered by the large balance of payments deficit with the EEC created by the adoption of EEC trading rules and tariffs.Sir John Major signed the UK up to the Maastricht Treaty which split the party and country. He did not use the big EU push for more integration to secure a less intrusive model for the UK, though he did get the important opt out from the Euro. Sir John lost the General election heavily thanks to the enormous economic damage done by the European Exchange Rate Mechanism which he forced the UK into.Tony Blair promised a renegotiation of the Common Agricultural Policy and stupidly surrendered part of of our cash rebate to get it. The Reform never materialised as wanted by the UK.Gordon Brown did not try to get anything back for the UK.David Cameron went in for a major renegotiation. He travelled the EU asking what they would give, and got the answer very little. He asked for very little and did not even get that. He failed for example to restore control over our benefits system. One of the many Remain lies over the years was this was a red line issue which meant we would stay in charge. His failure led directly to the referendum outcome, with many otherwise loyal Conservatives backing Leave. Mr Cameron had to resign owing to his EU policy.Mrs May constantly gave in to pressures from the EU ,leaving her with an unacceptable set of terms for withdrawal which led directly to her exit from the job as PM.Tomorrow I will look at how Mrs Thatcher carried out the very successful negotiation to get a substantial rebate on our onerous membership terms.

[spartan attack] 17/9/2020 23:42

I guess it’s ok for some

[lefrene] 17/9/2020 23:14

The WA agreement has already been altered previously by the EU! Yet again the EU pot calling the UK black.

[utyinv] 17/9/2020 23:12

Just listening to Question Time and out of the five panellists Fiona Bruce only interrupted Zahawi a Conservative MP.

Is Bruce a closet Marxist? She is a disgrace

[maxk] 17/9/2020 23:03

Agreed Alp.

It's oven ready....bar the shouting.

[k38] 17/9/2020 22:50

I agree 100%.. well said!

[alphorn] 17/9/2020 22:23

IMO there will be some deal. The issue has long been how to wrap it up and sell it.

[buywell3] 17/9/2020 22:22

The weakness of UK Bank charts as shown on the BUY thread header over the last 5 years

Is truly alarming

This in the face of a UK property market which has thus far propped up by a variety of Government initiatives for years and years

Can't go on IMO in the face of continued Covid-19 cases and economic damage

What this Government should be doing is reading buywells back posts to dertermine if there is a way whereby commerce can continue WITHOUT lockdowns

That is to say --- public areas need to be made safe ie the virus killed in the air --- this would also include planes and buses and boats and trains as well as ALL offices and Supermarkets and shops plus domestic homes.

Could there be such a way ???

buywell thinks so --- which IMO would make such the BIGGEST growth story for 2021 --- and probably for decades as it would in effect save mankind assuming Covid-19 and various coronaviruses are here to stay and we will see more of them in coming years.

That buywell believes is a given --- and Governments worth their salt should have planned accordingly over a min 12 months ago

dyor

[investtofly] 17/9/2020 22:19

Must be stupid buying now.....Stamp Duty relaxed until end of March that's why sellers are bumping up prices after that when unemployment rises house prices will go into free fall. I'm predicting 10% fall then will be time to buy saving more than what you would save on the Stamp Duty discount.

[gwatson56] 17/9/2020 21:50

Suspect the rise in property prices is due to a number of factors.. Landlords are unable to serve a section 21 notice until 20th Sept which means if they want to sell the property you are looking at next April earliest in the majority of cases.... Those with mortgage offers will be thinking its now to buy or perhaps loose a job and wait years before qualifying for a mortgage again, sounds illogical but people are desperate to get on the housing ladder... I note that the lenders are restricting new offers re LTV and salary multiple then this may me the last hurrah for some time re property values.

On a positive note for LLOY the average LTV is (I think)sub 60% of value so there is a mighty big cushion for when values inevitably come down.

Just crossing me fingers that the govt do not raise property tax via a new or existing vehicle say a revaluation exercise as it must have been some 30+ years since the last one... Eyes down for the budget as and when we see it...

On balance lots of uncertainty impacting the LLOY share price but on balance I see no reason to open the bottom draw any time soon.....

[ianood] 17/9/2020 20:34

Diku - Anywhere where population density is lower than the norm or non City centre is performing. I wonder why?

[reffan] 17/9/2020 20:07

Evening minerva you tedious one trick pony. See you still here and not taken up on my kind offer of a one way ferry home yet to get away from our nightmare country?