Lloyds Banking Share Discussion Threads

[geckotheglorious] 11/12/2020 11:02

Anyone recall those lying Remainers telling us a no deal would result in "Planes not flying" or "trucks would stop rolling"

From the horses mouth:

"The bloc published its plan on Wednesday for how it will keep planes in the sky and trucks rolling in the event of no deal — something chief negotiator Michel Barnier had long resisted. Is this a sign the EU has now made the mental adjustment to the prospect of Britain leaving without a deal?"


So even with a NO DEAL these will not arise. As Brexiteers said would be the case to much Remoaner ridicule.

Remainers are lying scum.

And have been shown to have been lying scum numerous times now. But when you have to sell an IDEA (The EU) by promulgating fear about the consequences of leaving, rather than the positives of staying, is anyone surprised Remain lied so much???

[lefrene] 11/12/2020 11:01

Exports are very sensitive to exchange rates, I recall back in the mid 90's supplying a handful of drivers to a UK international haulier, this was when the rate hovered between 1.24 and 1.28 Euro to the £. Being in their operations room one day it was demonstrated to me that as soon as the £ dropped below E1.26, the phones would start to ring, as European customers began placing orders for the soft commodities that the haulier mostly carried. Once the £ went back over E1.28, the business dried up. A surprisingly small variation in the exchange rate, had a swift reaction upon the trade of goods.

Your £ short will be having a good day today Alp.

[crazi] 11/12/2020 10:58

There is just no positive news at all out there at the moment...other than the oil price is recovering well and if you got the IPO shares for airbnb...

[crazi] 11/12/2020 10:56

Politics
EU Warns No Deal Is Likeliest Outcome of Talks:

Brexit Update
By Thomas Penny, John Follain, and Ian Wishart
11 December 2020, 09:07 GMT Updated on 11 December 2020, 10:38 GMT

European Commission President Ursula von der Leyen warned that a no-deal split with the U.K. is the likeliest outcome on Dec. 31 as last-ditch talks to try to reach a deal before Sunday continue in Brussels.

Prime Minister Boris Johnson’s pleas for European Union leaders to step in and salvage the faltering trade negotiations were frustrated as summit talks overran on Thursday night, pushing Brexit to the fringes. On Friday, von der Leyen spent just 10 minutes briefing government leaders on the subject.

On Thursday, Johnson warned U.K. businesses and the public to prepare for the “strong possibility” of a no-deal split. Both sides have said they will continue discussions until Sunday, but officials concede that, without fresh political direction, the negotiating teams will have little to talk about.

[alphorn] 11/12/2020 10:54

M2 - I am sitting in my lounge and watching the snow fall. I also sent notes to Waldron (FROG thread) as see across the lake what is happening on the French side. I am sure that you have a different view unless I have a new neighbour! We know that MM2 is a fairy......or at least believes in them. ;))

[maxk] 11/12/2020 10:52

"Ein Volk, ein Reich, ein Führer!"

[minerve 2] 11/12/2020 10:48

I think if Brexiters are happy to take pain they should be given a new tax code that pays tax into a fund that subsidizes those that stand to lose financially and bureaucratically.

My daughter could tap into it when applying for travel and jobs in the EU.

[minerve 2] 11/12/2020 10:44

Oh dear, we better not post at similar times to each other Alphorn as MM2 might strengthen his belief that we are the same person. :)

[crazi] 11/12/2020 10:44

Agreed he must keep the domestic element fully domestic for customer service. He can do the Investment bank offshore...

[minerve 2] 11/12/2020 10:42

Good point Alphorn.

Just imagine how RR would have performed had most of its market been within a single currency. The company is on its way to becoming a FOREX trader with some engineering bolted on the side. :)

[alphorn] 11/12/2020 10:39

I don't know what experience posters have of high volume low margin groups. Tiny forex movements can move a profitable business into a loss maker. Having a single currency means that volumes can be pushed higher with more competitive smaller margins because there is no longer the currency risk. A bonus is that you don't pay for hedging costs either.

[gbh2] 11/12/2020 10:37

That would be the approach but if he brings in his HSBC Offshoring antics then he will destroy what's left of Lloyds customer service and kill off thousands of decent UK jobs which are currently carried out by UK Staff!

[crazi] 11/12/2020 10:37

Sky News Business
@SkyNewsBiz
·
1m
UK and EU 'remain apart on fundamental issues', says bloc's chief ahead of Sunday deadline

Brexit: UK and EU 'remain apart on fundamental issues', says EU chief Ursula von der Leyen

European Commission President Ursula von der Leyen has said the UK and EU "remain apart on fundamental issues" ahead of Sunday's deadline for a Brexit trade deal.
news.sky.com

[minerve 2] 11/12/2020 10:36

Alphorn

Do you think Boris will capitulate?

[alphorn] 11/12/2020 10:34

M2 - these are becoming circular posts. Those that have been sold a pup still believe that it will become a world beating greyhound. Some of us understand that it is, and will always be a Heinzer.

Putting that aside there is still one more throw of the dice following the Sunday press conference for those on here who are more interested than just words.

[minerve 2] 11/12/2020 10:34

"Maxk. I think there is something in that. the UK could be holding back the EU as we only had one foot in it really. We didn’t wish to take the Euro for example."


We didn't take the Euro because again we thought we were better than everyone else.


The Euro has been wonderful for Germany, better than the £ has been for us.

LOL!

[minerve 2] 11/12/2020 10:28

Won the referendum

LOST EVERYTHING ELSE SINCE!

[huffy44] 11/12/2020 10:28

Maxk. I think there is something in that. the UK could be holding back the EU as we only had one foot in it really. We didn’t wish to take the Euro for example.

Perhaps this will be better for the EU and the UK going forward?

My only real concern is Lloy share price though! Where will it end up today? Whats the thoughts on that?

[minerve 2] 11/12/2020 10:26

EU:

The Commissioners are proposed by the Council of the European Union, on the basis of suggestions made by the national governments, and then appointed by the European Council after the approval of the European Parliament.

UK:

Boris decides





HOLD MY ACHING SIDES!

[grahamite2] 11/12/2020 10:24

Minerve 211 Dec '20 - 10:20 - 323915 of 323915

EU officials are elected.

Hold my aching sides!

(It's the way he tells them)