Lloyds Banking Share Discussion Threads

[xxxxxy] 30/9/2020 12:36

Kill the Economy.Will not save thw NHS. Or The People.Stop the Mass Hysteria. And get to grips with Responsibilities to all of society.Economy dies today. NhS will be tomorrow.

[xxxxxy] 30/9/2020 12:34

The UK economy shrank by a record-breaking 19.8pc between April and June as Covid-19 dragged down demand and left swathes of businesses virtually inactive.The revised slump – the worst three-month drop ever recorded – was slightly more mild than the 20.4pc decline projected by the Office for National Statistics' first estimates.... Daily Telegraph

[xxxxxy] 30/9/2020 12:31

My speech yesterday on the United Kingdom Internal Market BillBy JOHNREDWOOD | Published: SEPTEMBER 30, 2020Sir John Redwood (Wokingham) (Con): I support the Government's amendments to the legislation for the reasons outlined admirably by the Minister-it did need a little strengthening and this is a welcome clarification-but I rise mainly to oppose new clause 1.I am disappointed with the official Opposition, because I was delighted after the clear decision of the people in the last general election that the Opposition said that they now fully accepted the result of the referendum, although it took place years ago-the previous Parliament blocked its timely implementation. We had a rerun in the general election and the Opposition fully accepted the verdict of that general election, yet here we are again today, with new clause 1 deliberately trying to undermine the British Government's sensible negotiating position in the European Union.Whenever there is a disagreement in interpretation of that original withdrawal agreement between the United Kingdom and the European Union, the Opposition and most of the other opposition parties rush to accept the EU's-very political-interpretation of the situation and rush to say that anything the UK Government wish to assert in this Parliament, or in a court of law if it came to that, is clearly illegal.It is preposterous that we have so many MPs who so dislike the people of this country that they are still trying to thwart the very clear wish to have a Brexit that makes sense.Karin Smyth (Bristol South) (Lab): Will the right hon. Gentleman give way?Sir John Redwood: I must not take up too much time. I wish to develop my argument quickly.We have to recognise what we are dealing with here. The EU withdrawal agreement was pretty unsatisfactory and one-sided because the previous Parliament stopped the Government putting a strong British case and getting the support of this Parliament in the way the British people wanted. The Prime Minister wisely went to Europe and did his best to amend the withdrawal agreement but it was quite clear from the agreed text that a lot was outstanding and rested to be resolved in the negotiations to be designed around the future relationship, because we used to say that nothing is agreed until everything is agreed and that the withdrawal terms had to run alongside the future relationship.The EU won that one thanks to the dreadful last Parliament undermining our position all the time. This Prime Minister is trying to remedy that and the only ?reason I was able to vote for the European Union (Withdrawal) Act 2018-much of it was an agreement that I knew had lots of problems with it-was that we put in clause 38, a clear assertion of British sovereignty against the possibility that the EU did not mean what it said in its promises to my right hon. Friend the Prime Minister and did not offer that free trade agreement, which was going to be at the core of the new relationship. We therefore needed that protection, so I am pleased that the Government put it in.That made me able to vote for the measure to progress it to the next stage, but I was always clear that the EU then needed to get rid of all its posturing and accept what it had said and signed up to-that the core of our new relationship was going to be a free trade agreement. We were going to be a third country, we were not going to be under its laws and we were not going to be in its single market and customs union, but it has systematically blocked that free trade agreement. The UK has tabled a perfectly good one based on the agreements the EU has offered to other countries that it did not have such a close relationship with, but it has not been prepared to accept it. Well, why does it not table its own? Why does it not show us what it meant when it signed up to having a free trade agreement at the core of our relationship? If it will not, we will leave without a deal and that will be a perfectly good result for the British people, as I said before the referendum and have always said subsequently.Of course, it would be better if we could resolve those matters through that free trade agreement. As colleagues will know, many of the problems with the Northern Ireland protocol fall away if we have that free trade agreement, and we are only in this position because the EU is blocking it.Why is the EU blocking the agreement? It says that it wants to grab our fish. I have news for it: they are not on offer. They are going to be returned to the British people, I trust. I am always being told by Ministers that they are strong on that. The EU wishes to control our law making and decide what state aid is in the United Kingdom. No, it will not. We voted to decide that within the framework of the World Trade Organisation and the international rules that govern state aid-rules, incidentally, that the EU regularly breaks. It has often been found guilty of breaking international state aid rules and has been fined quite substantially as a result.I support the Government's amendments, and I support this piece of legislation. We need every bit of pressure we can to try to get the free trade agreement and the third-country relationship with the EU that we were promised by it and by the Government in the general election. We can then take the massive opportunities of Brexit. It is crucial that new clause 1 is not agreed to, because it would send a clear message to the European Union that this Parliament still wants to give in.

[freddie01] 30/9/2020 12:07

Tech investment top priority for UK banks

[alphorn] 30/9/2020 11:59

Having some bullish GBP positions may fall foul of 'discredited financial institutions'.

ROFLMAO

[xxxxxy] 30/9/2020 11:58

HALIBUT OUT, PARIS EU states urge France to drop hardline Brexit fishing demandsNick Gutteridge2:00, 30 Sep 2020Updated: 2:00, 30 Sep 2020... The Sun

[alphorn] 30/9/2020 11:53

Newbank - "The UK still make great cars, ie, Noble"

Do they??? Made in South Africa with assembly by a VERY small workforce in UK.

[minerve 2] 30/9/2020 11:52

Yeah, whatever.

[pally12] 30/9/2020 11:46

Watch it apparently it is against advfn rulesTo highlight anything that discredited financial institutions or spread news that better kept under wraps

[minerve 2] 30/9/2020 11:40

Updated data from the Office for National Statistics show the UK economy performed marginally less badly than thought in the second quarter. It shrank 19.8 per cent — revised down from a first reading of 20.4 per cent — compared with the first quarter. That’s still the largest fall in output on record and the worst contraction of any major advanced economy.



Ha ha ha ha ha!

Eng....errrrr....land
Eng....errrrr....land
Eng....errrrr....land



Guffaw Guffaw

[geckotheglorious] 30/9/2020 11:36

"Flu Kills 646,000 People Worldwide Each Year: Study"


Seasonal flu kills 291,000 to 646,000 people worldwide each year, according to a new estimate that's higher than the previous one of 250,000 to 500,000 deaths a year.


"Globally, the World Health Organization (WHO) estimates that the flu kills 290,000 to 650,000 people per year"





Covid-19 deaths 1 million and counting ..................
We still have October/November/December to come.


How have more died from flu this year than Coronavirus?

[chavitravi2] 30/9/2020 11:32

Geck, more died of flu this year already than covid.

[dexdringle] 30/9/2020 11:28

....I suspect he is serious, mainly because he is correct.

[minerve 2] 30/9/2020 11:27

Boris negotiated the 'oven ready' deal
He signed off the deal
He refused scrutiny time in parliament
He won an election on the back of it

Where is it?





He is a liar but the apes still believe the sick pig.

[cheshire pete] 30/9/2020 11:20

The scientists don't agree grahamite and they're the first to admit that they are still learning about the virus. Bit like 10 economists in a room, 10 different views.

As for his zeal, what if he were to sound wishy washy, weak willed and unclear? He has to sound positive and confident even though everyone knows the knowledge is changing daily.

[utrickytrees] 30/9/2020 11:20

Boris could get serious man points by having a phased abolishment of all lockdown restrictions for everyone say under 65 & in good health & see how it goes. Start with the south west, no pub restrictions, masks social distancing just fk the lot off & leave it up to individuals to make their own covid provisions. Assuming that goes ok open up other regions. Untill people are allowed to live with the consequences of their actions were going to be stuck in this rediculous loop.

[minerve 2] 30/9/2020 11:16

Boris is PM he should know exactly what the situation is with COVID.

You don't ignore the failings of a car mechanic if he did a good oil change but forgot to put a wheel back on.

Also, ERG are very concerned ATM that your beloved Boris will capitulate and get a poor deal done and then sell it as a success to the numpties - just like he did with the WA.

[alphorn] 30/9/2020 11:16

"walking out of a foreign dictatorship and into a home-grown one"

Southern Rhodesia/Zimbabwe knows all about that among others. At least they were 'free' - but were they? G2 sums it up.