Lloyds Banking Share Discussion Threads

[ekuuleus] 29/10/2020 07:49

Capital ratio was already at high end of target. If anything, not paying dividend 2020 I'd have liked to see an even better ratio.

Lockdown news in france and germany today will raise fears of economic damage. I'm edging toward another down day. America figures out later as well so buffering around a lot today.

[mitchy] 29/10/2020 07:46

The news of Robin Budenberg taking the chair was announced in July. Why is it reproduced today ? I'm confused.

[crazi] 29/10/2020 07:44

With capital ratio at 15.2% they can definitely afford dividends...

[mitchy] 29/10/2020 07:36

New chairman named , Robin Budenberg. Will the market like him, anybody know ?

[xxxxxy] 29/10/2020 07:35

The EU believes in tariffs
By JOHNREDWOOD | Published: OCTOBER 29, 2020
There is a double irony in the Remain position on trade. They say a free trade agreement with the EU is crucial, whilst doing everything in their power to stop us having free trade agreements with all those other non EU countries who would like one . They pose as free traders, claiming tariffs are harmful, yet they fully support EU trade policy which makes use of very high tariffs on agricultural and food products to protect domestic farming and the food industry, and seeks to use a 10% tariff on non EU cars to help single market producers.

So which is it? Is free trade essential to our future? Or do selective tariffs do good and protect domestic industries sensibly?

The theory of free trade tells us that a country is better off with free trade than with tariffs. If, however, you take this to the logical conclusion that you might as well surrender all your tariffs with no reciprocation from overseas you may well find domestic industries damaged by aggressive overseas competition, to be followed by price hikes once the domestic industry has been demolished. Arguably the West has been too generous to China, offering low or no tariffs under WTO rules whilst allowing China to maintain big protectionist barriers of various kinds.UK industry lost out badly when we went to zero tariffs against German and other continental steel, car and and textile manufacturers in the 1970s.

I favour bilateral or multilateral reduction of tariffs and other barriers. As we leave the EU’s single market and customs union we are free to choose tariffs or no tariffs, and to decide how high they should be,. The only proviso is we need to impose the same tariff on all WTO members, unless they have a Free Trade Agreement with us. In the case of food it means we can lower tariffs on non EU countries whilst imposing some tariff on EU food, which will act as a stimulus to recapture market share for domestic producers lost over our years in the CAP and Customs Union.

So let us once and for all get rid of the silly lies put around about trade

1 We can trade well and grow our trade without a Free Trade Agreement, as we have done during our time in the EU with non EU countries

2 Tariff free does not guarantee good trade growth, as have seen in recent years within the tariff free single market in the EU

3, Most Free Trade Agreements are useful and can add a bit to trade.

4. Lop sided trade agreements can be damaging, as our EU has been to our farming and fishing industries.

[joshuam] 29/10/2020 07:35

Group well positioned for long-term superior and sustainable returns..........nice

[emptyend] 29/10/2020 07:30

Book value now back over 52p........at some point this must start to count, especially with provisions now expected to be at the lower end of expectations....

[folderboy] 29/10/2020 07:30

Suspect that the failure to re-instate or even mention, a dividend will mean no rise in the share price

[gaffer73] 29/10/2020 07:30

Good enough. Would be in line with last year if it wasn't for the impairments.

[mitchy] 29/10/2020 07:27

Like Barclays impairments less than expected. Mortgage book up . Back to profit but eps seriously down on 2019. No mention of possible return of dividends. Or at least I couldn't see any mention of it.Income down on lower interest rates. Well financed to ride out impairments and to lend given an upturn in the economy . Pick the bones out of that.Good Luck.

[nick100] 29/10/2020 07:20

Retail Current Accounts Continued To Increase Ahead Of Market In Q3, With Group Deposits Up £35 Billion
Loan To Deposit Ratio Of 98 Per Cent, Providing A Strong Liquidity Position And Significant Potential To Lend Into Recovery
Outlook Remains Highly Uncertain Given Second Wave Of Coronavirus, Government Response Including Social Distancing Measures And End Of Furlough Scheme, Together With Ongoing Brexit Negotiations
Risk-weighted Assets Now Expected To Be Broadly Stable Compared To 30 September 2020
9-month Net Income Of £10.8 Billion, Down 17 Per Cent, With £3.4 Billion In Q3, Reflecting Lower Interest Rates And Lower Other Income.

[crazi] 29/10/2020 07:18

1 Billion Profit.... NICE

[ekuuleus] 29/10/2020 05:39

If western governments didn't cover up vaccine failures, youbwouldnt have the anti vaccine movement you have here. The NHS bounces from cover up to cover up.

We've taken the mercury out of the vaccine and replaced it with thermisol. Go figure what that does to trust.

[kiwi2007] 29/10/2020 04:43

Regarding China and covid-19. You could take for gospel what's written by posters on here - or read The Lancet. Me? I think I'll go with The Lancet.

"In China, you have a combination of a population that takes respiratory infections seriously and is willing to adopt non-pharmaceutical interventions, with a government that can put bigger constraints on individual freedoms than would be considered acceptable in most Western countries”, adds Poland. “Commitment to the greater good is engrained in the culture; there is not the hyper-individualism that characterises parts of the USA (and UK), and has driven most of the resistance to the countermeasures against the coronavirus.” Poland noted that the Chinese accept the notion that disease control is a matter of science. “China does not have the kind of raucous anti-vaccine, anti-science movement that is trying to derail the fight against COVID-19 in the USA (and the UK)”, he said.

China's successful control of COVID-19

[mitchy] 29/10/2020 01:03

Massive buying after the bell....!

[jimarilo] 29/10/2020 01:00

Here is a link to LIVE coverage of the Simon Dolan case against the lockdown tomorrow and another link will follow for Friday

COURT OF APPEAL
CIVIL DIVISION

COURT 4
Before THE LORD CHIEF JUSTICE OF ENGLAND & WALES
LADY JUSTICE KING and
LORD JUSTICE SINGH
Thursday, 29th October, 2020
Not Before half-past 10
APPLICATIONS
TO BE CONDUCTED AS A HYBRID HEARING
C1/2020/1117 The Queen on the Application of Dolan & Ors -v- The Secretary of State for Health and Social Care & Anr. Application of Claimants for permission to appeal with appeal to follow if granted.
C1/2020/1117(B) The Queen on the Application of Dolan & Ors -v- The Secretary of State for Health and Social Care & Anr. Application of Claimants for Permission to rely on further evidence.

Remote Viewing Instructions

The remote part of this hearing will be conducted via the Cloud Video Platform (CVP)
For the best experience, you should download and install the latest version of Google Chrome and use the link below.

[trikytree] 29/10/2020 00:31

Anyway you can report someone for spamming on here?

[grahamite2] 29/10/2020 00:00

Sage believes that an extra 85,000 people will die in the second wave, according to a document leaked to The Spectator.

Say they're right - what proportion of those 85,000 would be people in their 80s and 90s living twilight lives locked up in nursing homes?

[maxk] 28/10/2020 23:36

Off topic, but deserves a read...



Johnwise28 Oct '20 - 13:19 - 233 of 234
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Chinees Virus Update:

Breaking: Two-thirds of all UK businesses at risk of insolvency

The latest Business Impact of Coronavirus Survey (BICS) from the ONS found that 64 per cent of businesses across all industries are at risk of insolvency, with 43 per cent of companies running on less than six months’ cash reserves.

[k38] 28/10/2020 23:29

M2, How to you judge the distance in life ..Let's talk about you as an example.. you still in your house day and night posting on ADVFN with no friends around and perhaps with no family either.So my Q is how far have you gone in your life......;))