Lloyds Banking Share Discussion Threads

[minerve 2] 26/10/2020 16:02

"they are effectively single sourced."

Depends what the parts are.

[utyinv] 26/10/2020 15:47

Yanks again. Bare in mind there is only four hours between London and New York this week (yanks change next Sun).

Just look what happened to the share price after 1:30pm U.K. time

[chavitravi2] 26/10/2020 15:03

Oh dear it looks like the wheel has fallen off again.

[maxk] 26/10/2020 15:03

About nine weeks Min, when he will actually get the chance once free of the €U.

[cheshire pete] 26/10/2020 14:54

UTricky: "That's probably why so many EU firms want a presence in the UK".

Indeed and heartening recently to see Unilever's Dutch shareholders voting by more than 99% to move to London from the Netherlands despite the threat of a penalty of 11 billion euros. Didn't frighten them lol. EU tactic frighten and bully.

Contrast with talk a while back by Goldman Sachs of winding down UK and ramping up in EU land....before back tracking.

[minerve 2] 26/10/2020 14:52

Ekuuleus 26 Oct '20 - 13:35 - 317703 of 317714

We import far more cars from europe than export there. If they want tariffs, that would BOOST domestic production.

Bring it on.

It would also help save climate change. Why are parts making multiple trips between uk eu. We should be making more in this country.




They are all debatable points because you are assuming cars made here are made with components made here - which is simply not true. In fact our supply chains will decimate because manufacturers will deem all LHD are more efficiently made on the continent. What is most likely in my opinion is all cars will become more expensive regardless of whether they are made here or not and RHD availablity will become more limited. As RHD consumers we will have less choice.

As far as climate change is concerned I doubt it would make much difference because the way the governments over years (mainly Tory) have treated our steel making industry we would still need to import steel which is the main bulk component and if you are thinking about composites many are difficult if not impossible to recycle. Also I would hazard a guess that the best green technology for cars is likely to originate from abroad anyway so we would be manufacturing our British Trabants whilst the rest of the world gets on with being 21st century progressive.

[cheshire pete] 26/10/2020 14:30

Minerve: "Certification is a huge issue and takes time to resolve."

It is not difficult to find bureaucratic processes some indeed complex and then turn round and say....ooh look this won't work if we leave the EU.

Well for a start, we've already left the EU and we're soon to leave the Customs Union/Single Market.

Second, it is up to everyone involved to make things work going forward perhaps focussing on things still held in common and then dealing with remaining anomalies, such as they are.

Ignore the defeatists with remain axe to grind.

[twirl] 26/10/2020 14:06

Ah graham its their Human Rights.

Radio 4 - 8 nigerian hijackers Q posed to minister - "what will happen to them now."

Bullxhit answer of course but the real answer is "

1 they will be housed in a 4 star hotel while the CPS decide whether to prosecute
2 Parasite HR lawyers will leap to defend them with fees paid by Legal Aid
3 If convicted of hijack they will be sent to a 4 star hotel called prison
4 When they are released they will claim asylum aided by the HR lawyers paid for by Legal Aid
5 the claim for asylum will be turned down numerous times and each time the HR lawyers will appeal - paid for by legal aid
6 Eventually when the HR lawyers admit the gravy train is over they will be put on a plane and flown to Nigeria where they will hijack another ship.

Net result HR lawyers have made a lot of money out of legal aid.

[ekuuleus] 26/10/2020 14:00

Alphorn, let me check a .moment.

Yup plenty vehicles outside. Actually, I'll be OJ M4 tomorrow passing Avonmouth I'll get a photo.

About 30 million homes in this country. Quite a number have older cars but not that many over 10 years. Insuposseni could get the official figures.

In addition to the £12B we give each year, we should add o the money we pass on from tariffs we charge the rest of the world for goods getting here.

The dynamics of production is a strong case for no deal. If I was attacking that position, I'd have gone for our poor track record on productivity, trade and worker relationships, and a tendency to rest on our laurels when it co.es to modernising.

[alphorn] 26/10/2020 13:39

E - not one of your best posts. Domestic production would only be boosted if there was sufficient market size.

[alphorn] 26/10/2020 13:37

E - of course it will happen........at a cost! A whole new business sector!
(In the absence of any agreement of course).

[ekuuleus] 26/10/2020 13:35

We import far more cars from europe than export there. If they want tariffs, that would BOOST domestic production.

Bring it on.

It would also help save climate change. Why are parts making multiple trips between uk eu. We should be making more in this country.

[alphorn] 26/10/2020 13:21

Ut - that tells you that companies are covering their bases; i.e. to have a legal entity in the UK. The same will be happening going the other way.
Any company not doing that would either be stupid or negligent.

[pander45] 26/10/2020 13:21

Big sell off coming in USA imho pre election. Dow looks weak.