Lloyds Banking Share Discussion Threads

[geckotheglorious] 30/11/2020 14:03

GBH2

Agreed.

But in Jan/Feb the likes of WHO and Fauci were saying masks were not needed, the virus wasn't aerosolised etc etc...and human to human transmission was ignored.

The inconsistencies with which authorities have reacted to this virus begs many questions.

And when taken in conjunction with the recent WEF news of our dystopian future results in extreme suspicion.

[gbh2] 30/11/2020 13:28

Most viruses are airborne the difference is Covid like many other is a Respiratory Pathogen!

[bargainbob] 30/11/2020 12:37

Big issue for RUK when Scotland goes independent PC.

[geckotheglorious] 30/11/2020 12:06

Port,

Tend to agree on origins.
Was aware it was "Airborne" in February. And took relevant precautions.

[patientcapital] 30/11/2020 11:41

I may not have seen it but food security and changing food consumption patterns seem not to feature in the ongoing fisheries saga. Environmental pressures will surely result in fish stocks becoming increasingly relevant and valuable. No wonder the EU is reluctant to relinquish control over UK waters. Akin to arguing that as Kent is so close to the continent that continental farmers may as well treat it as an extension of Northern Europe. I think not.

[portside1] 30/11/2020 11:40

Geek yes , it's airborne , and I will tell you this .THESE SO CALLED SCIENTIST ARE NO MORE THAN LIARS They are not telling the truth about this virus which did come from a military lab in China .Before.

[grahamite2] 30/11/2020 11:19

On the second homes on the continent, one Telegraph reader had this to say:

Those bijou cottages occupied for a few weeks per year will once again be available to local people driven out of the market by second homers, much as happened in the UK in Cornwall, Aldeburgh and Southwold.

Another pointed out that millions of people in England had REAL problems.

That Telegraph article's not going to leave a lot of people broken hearted.

[maxk] 30/11/2020 11:12

Not too shabby...


Remuneration Arrangements

Mr. Nunn's remuneration arrangements have been set in accordance with the Directors' Remuneration Policy approved by shareholders at the AGM on 21 May 2020. This will include a basic salary of GBP 1,125,000 per annum and a Fixed Share Award of GBP 1 ,050,000 per annum, and flexible benefit funding of 4% of basic salary.

Pension funding has been set at 15% of salary, in accordance with the level set in the Directors' Remuneration Policy that aligns with arrangements for the majority of the workforce.

Mr. Nunn will be eligible for a maximum Group Performance Share award of 140% of basic salary. Mr. Nunn has agreed to limit the maximum award under the Long Term Share Plan to 150%, lower than the maximum allowable for executive directors under the Directors' Remuneration Policy. In aggregate, the changes to salary and maximum Long Term Share Plan award will result in a maximum remuneration level that is c.20% lower than that of the current Group Chief Executive. The incoming Chairman, Robin Budenberg, has requested that his own remuneration package also be reduced by 20 per cent.

On appointment, Mr. Nunn will be granted deferred cash and share awards to replace, like for like, unvested HSBC awards that are forfeited as a result of him joining Lloyds Banking Group. The awards to be granted match the vesting and retention period attached to the awards being forfeited.

In addition, to acknowledge that Mr. Nunn will lose his expected bonus awards from HSBC for the 2020 performance year, a 'lost opportunity' bonus award will be made on hire or as soon as reasonably practicable thereafter. The value of this award will be calculated by reference to Mr. Nunn's 2019 bonus, adjusted as appropriate by reference to HSBC's total Group bonus pool as disclosed in their 2020 Annual Report and Accounts. The awards granted will be delivered in a mixture of cash and shares in accordance with the rules generally applicable to Lloyds Banking Group awards.

[minerve 2] 30/11/2020 10:59

Mr Nunn will receive fixed pay worth about £2.4m, compared with the £2.6m Mr Horta-Osório will receive this year. Lloyds said his maximum remuneration level will be about 20 per cent lower than Mr Horta-Osório’s current arrangement.

That's all there is in the FT. Couldn't be bothered to search out the RNS.

[diku] 30/11/2020 10:54

What was the golden hello sweetner price?...

[minerve 2] 30/11/2020 10:50

Just in case you have missed this one:

Lloyds Bank has poached HSBC banker Charlie Nunn to be its new chief executive, replacing António Horta-Osório in the top job.

[...]

Edit: it seems ADVFN are now stopping you from posting links to FT articles. I don't understand why because it is still behind a subscription wall.

[minerve 2] 30/11/2020 10:48

"The Portuguese executive successfully led the bank’s recovery from the financial crisis, returning it to profitability and the private sector"

Honestly, 'they' make it look as if he did it single-handedly. Any chimp with darts and a dartboard would have done this.

[minerve 2] 30/11/2020 10:41

Alphorn

The 'serfs' will whinge about the wealthy avoiding paying tax but they will not think twice about buying things 'off the back of a lorry' or paying for a tradesman to do a 'foreigner' at the weekends.

[alphorn] 30/11/2020 10:31

max #888. Tax residency has always been clear. (There have been some very interesting exceptions but these are exceedingly rare legal cases).

- In recent years there have been some tweaks. In the UK there was a switch from overnights to a daily visit which changed a lot for those wealthy people flying in for the day only.
- The UK has an exceptional opportunity in that separate taxation allows spouses to have different tax bases. (A list of stars!).
- There are some new tweaks that are probably in the article about splitting the 180 day rule into 90x2 days.

Except if you are Richard Branson, etc it is all about the 11th commandment - 'thou shall not be caught'.

The passport controls will read the bar codes which will be collated for the individual tax authorities.

[poikka] 30/11/2020 10:25

A - we'll see.

[minerve 2] 30/11/2020 10:24

I bet Utricky has a ferret collection and allows them to sleep between himself and his wife.

[alphorn] 30/11/2020 10:21

P - no, the other way around.

[poikka] 30/11/2020 10:16

"in negotiations have a couple of emotional minnows that you are prepared to give way on to keep a big prize."

You're assuming that the UK is prepared to give way on fishing?! That's one hell of an assumption, leaving aside the obvious that there'll be a gradual scaling down of EU fishing rights until the agreed level is adopted.

No, no, the fish issue is the big one, not a smokescreen, Max and Alps. It's the UK's trump (excuse the expression, again) card.

Having said that, from the UK's perspective, fish is certainly a sprat to catch a mackerel.

[geckotheglorious] 30/11/2020 10:14

portside1
Post 14062
"I was the first person to tell you all that the virus was airborne"

London Underground a far bigger spreader then surely.
Packed in like Sardines
No ventilation.

One sneeze and whole train is infected.

[careful] 30/11/2020 10:03

Only 6 Brexit negotiating days until Christmas.
A deal is about to be announced, what will we all talk about after that?
Covid in the end game, getting boring.

Switch off computers and go for a walk.
Back to simpler times.

Can't wait.