Lloyds Banking Share Discussion Threads

[misterbluesky] 06/12/2020 14:33

Nigel Farage is one of the biggest Brexiteer hypocrites with his £73,000 EU pension...

Nigel Farage
Nigel Farage, who has spent his entire career arguing for Brexit, and slagging off the European parliament from his seat in the … European parliament, has announced that, no, he will not be giving up his £73,000 per annum EU pension. Because, as he understandably explained: “Why should my family suffer?” Quite right. The rest of our families, bracing for an economic hit, a shortage of NHS staff to take care of us, a possible destruction of relationships and a narrowing of travel options, can suck it up. Then again, Farage is not new to hypocrisy. A privately educated former banker who rails against the establishment. An anti-immigration, anti-free-movement politician who has a German wife, and two of whose children have German passports. (Oh, and letting a French politician stay in his London home.) I half expect him to come out against tweed suits and pints of beer.

[xxxxxy] 06/12/2020 14:33

Britain's world-leading fintech industry will continue to flourish post-Brexit, according to the Irish billionaire co-founder of payments giant Stripe. John Collison, whose company is worth up to $100bn, said he was "very bullish" about the prospects of the UK's financial technology sector, which attracted £38.4bn in investments in 2019, up from £20.1bn a year earlier. Growth of the sector over the past five years, he said, was "crazy and impressive".The Stripe chief believes that "even post-Brexit" financial technology companies such as Monzo and Revolut have a large enough domestic market to address to build a meaningful business that can then expand internationally."I think it's more advanced than the US, where Americans think they're the leader in everything," he added.A global leader  The UK has developed a world-leading financial technology sector in part due to light-touch regulation overseen by the Bank of England which has allowed start-ups to quickly gain e-money licences, allowing them to hold customer funds without spending years waiting on full traditional banking licences.London is also home to the centres of the UK's banking, political and technology sectors, enabling start-ups to easily lobby for better regulations while also raising capital.  By contrast, America's financial technology hub has been in New York, far away from most of the country's technology investors in Silicon Valley.Mr Collison said that Brexit had very rightly put a spotlight on trade barriers and that Stripe was "obsessed" with knocking down such barriers like cross-border financial regulations.The payments giant allows companies to process payments from customers online quickly, taking a cut of around 1.4pc and a flat fee of 20p per transaction. He also predicted that physical retail "is not going away" despite the ongoing struggles of high streets across the country.High street survival The Stripe founder's comments come after Sir Philip Green's Arcadia was thrust into administration while efforts to rescue Debenhams have fallen flat in a devastating week for brick and mortar shopping."If you browse the high street or walk around Bond Street in London, presumably that's not going away," he said. He added that a lot of businesses that had "deferred" spending on setting up online stores were pivoting towards "show-rooming"."People have a back-end where they're doing lots of online orders and then maybe have a small number of physical stores, we think this will become much more common," he said.... Michael Cogley... Daily Telegraph

[misterbluesky] 06/12/2020 14:28

The Blinkered Brexiteers claim to care so much about the great British Isles yet they are prepared to leave NI behind in the EU in the 'backstop' and move on.

They are a bunch of complete and utter hypocrites.

[nick100] 06/12/2020 13:36

https://www.thisismoney.co.uk/money/markets/article-9021737/Leak-raisee-questions-future-Lloyds-branches.html

[mikemichael2] 06/12/2020 13:22

So you find it 'amusing' that the UK is struggling eh Alp.

[minerve 2] 06/12/2020 13:12

Alphorn

"Several posters on here have real issues"

Don't they just! :)

Multiply that by how many up and down the country and it comes as no surprise as to why we have some serious problems to deal with.

[scruff1] 06/12/2020 13:12

Minnie
In 100% agreement. And isnt that the real shame

[xxxxxy] 06/12/2020 12:57

Mike StallardPosted December 6, 2020 at 9:06 am | PermalinkOut here in the provinces (I live int he Fens) Boris is coming under fire for tiers and covid. This is a deeply Conservative area too.However, I praise him and the Cabinet for standing firm. The EU is going on a completely different trajectory to us: it wants bigness, unity and Soviet type Commission government. We have rejected that roundly out here, but not, it seems has it yet been abandoned in London.Boris has seen this and he is standing firm. I praise him and the government for that.And well done, Sir John for your loyal support for us out here away from London!

[utrickytrees] 06/12/2020 12:55

You sort of get the feeling the Jocks would rather see French and Spanish boats in their waters other than anything out of Grimsby or Hull.

[xxxxxy] 06/12/2020 12:54

Dave AndrewsPosted December 6, 2020 at 9:39 am | PermalinkBBC correspondent on Marr remarked that the German papers aren't reporting German car manufacturers screaming for a deal to be signed to protect their business.Maybe the German MSM don't want to report on what the car manufacturers think, and maybe those companies are led by Europhiles as well, wedded to that religion.Perhaps they should ask the Irish beef farmers what they think about losing a €1bn a year business, as their beef suddenly hits a 40% tariff (and the rest) on coming to the UK and becomes uncompetitive.

[xxxxxy] 06/12/2020 12:52

Christopher Hope@christopherhope·15hReplying to @christopherhopeDavid Jones MP, the ERG's deputy chairman, tells Telegraph it is now "time for the EU, finally, to understand that the British people have voted for independence and will be satisfied with nothing less".

[alphorn] 06/12/2020 12:52

It is one sick trait to have a wish for others to fail. No need, as they will do it all by themselves.

[alphorn] 06/12/2020 12:50

M2 - it is pure envy from a very disturbed person.

Several posters on here have real issues (rather than side remarks). Don't let them get to you. Tomorrow they will still be disturbed persons that need help; way beyond misjudgement that they have in bucketful's.

[mo123] 06/12/2020 12:46

Love the pseudo logic Utrick and the self incrimination.

[utrickytrees] 06/12/2020 12:35

The Jocks love a good moan they're genetically programmed to object to everything gives them an excuse to do fkall.

[careful] 06/12/2020 12:35

Ironic how smaller poorer countries such as Rumania, Poland and other East European countries with troubled histories joined he EU. and transformed their wealth.

Now the trend is for isolationism.
The UK wish to go it alone.
So do the SNP.

Brexiteers and the SNP have much in common.
They ignore the advantages of belonging to a larger unit.
Most informed thinkers believe that a terrible economic risk is being taken.

But Boris is not that stupid, he was once pro European.

He will get a deal with compromises and face the music.
Just ignore the rabble, show leadership.

[utrickytrees] 06/12/2020 12:32

Expect Merkel to call Macron to heel next week & the white flags raised from Mont st Jean to Agincourt! Frosty will be made a Duke & Fish Friday to be bolstered with Mackerel Monday & Whiting wednesday all washed down with kiwi sauvignon.