Lloyds Banking Share Discussion Threads

[xxxxxy] 17/12/2020 13:21

The most fundamental issue is that of freedom. If there is a 'trade deal' – and we are now 99% sure there will be – will it compromise the freedom of the UK Parliament to legislate as it sees fit, without having to follow EU laws, directives, and regulations in any way?The Establishment's claims are wrong – and misleadingFor years the Establishment - including the big businesses represented by the CBI and their political supporters - have sought to frame the debate about Brexit on what they claim would be the 'cliff edge' of an exit by the UK from the EU on 'WTO terms'. This type of exit is what Prime Minister Boris Johnson now refers to as leaving on "Australian terms".The public has been given the impression that half of our business is in peril from a 'no deal' Brexit. This is not the case, as can be seen from the official figures we have uncovered. And the percentage of the UK's GDP represented by exports to the EU is very small, as we shall show from official figures in our next article.Is a trade deal with the EU worth the sacrifice of British freedoms and UK sovereignty?We do not think so.

[johnkettleyistheweatherman] 17/12/2020 13:20

lol

love getting drunk on minerves salty tears

keep em coming moron

[xxxxxy] 17/12/2020 13:19

Is a trade deal with the EU worth the loss of our freedoms?The EU has everything to gain and the UK has a great deal to lose?© Brexit Facts4EU.Org - click to enlargeWe put this 'trade deal' into context: only 2.8% of all UK employers export goods to the EUYesterday in the EU Parliament in Brussels, the EU Commission President Frau Ursula von der Leyen gave a speech to MEPs in which she talked about a UK-EU trade deal. She sounded very positive about the prospects, despite No.10 seeking to downplay the possibility of a compromise deal being in the offing in the next few days.BREXIT FACTS4EU.ORG SUMMARYEU Commission President's speech yesterday"I can tell you that there is a path to an agreement now. The path may be very narrow but it is there...""The good news is that we have found a way forward on most issues...""... two issues still remain outstanding, you know them: the level playing field and fisheries.""On state aid, we have made progress on... guarantees of domestic enforcement, and the possibility to autonomously remedy the situation where needed.""On standards, we have agreed a strong mechanism of non-regression – that is a big step forward – and this is to ensure that our common high labour, social and environmental standards will not be undercut.""I am also glad to report that issues linked to governance, by now, are largely being resolved."- EU Commission President Frau von der Leyen, Brussels, address to EU Parliament, 16 Dec 2020We comment on Frau von der Leyen's words in our 'Observations' below.Is a trade deal with the EU worth the sacrifice of British freedoms?Over the course of the last five years the narrative from the Remainer Establishment has given the British people – and most of its MPs – entirely the wrong idea about the UK's trade with the EU. Below we present some summary facts, all researched from official sources.BREXIT FACTS4EU.ORG SUMMARYFrom official Government and HMRC figures for 201999.3% of all UK businesses do NOT export goods to the EUEven after excluding sole traders, the picture is similar97.2% of the UK's 1.4 million employers do NOT export goods to the EUJust 39,000 UK employers export goods to the EUThat's only 2.8% of all employers – and yet they're dominating the EU trade deal debateMore than 5 million UK businesses neither import from, nor export to, the EUThe percentage of all UK businesses exporting goods to the EU?© Brexit Facts4EU.Org - click to enlargeThe percentage of all UK employers (excluding sole traders) exporting goods to the EU?© Brexit Facts4EU.Org - click to enlargeThis is about actual UK businesses and the real people working in themOur investigation shows that only a tiny number of the UK's businesses (39,000 out of a total of 5.9 million) actually sell goods to the EU27. Even stripping out all sole traders from the total number of UK businesses, this still leaves 1.4 million employers. 39,000 is a very small proportion (2.8%) of these.Yes, it's true that the UK businesses selling goods to the EU tend to be larger, and therefore tend to employ more people per business, and to export in higher volumes. Nevertheless, they are relatively small in number and will most certainly have the resources to adapt quickly to a new trading environment. It remains the case that the vast majority of UK businesses will be unaffected by any new EU export arrangements.There are only 19,800 businesses in the UK employing 100 people or more. This leaves 5,848,000 businesses who employ (or self-employ) the rest of us.OBSERVATIONSThe alarm bells go offAs veteran EU-watchers, alarm bells sounded across the Facts4EU office during Frau von der Leyen's speech yesterday. Most of the topics she spoke about are arcane to most people. In our edition ahead of her speech to the EU Parliament we attempted to illuminate just one of them, with the story of an imaginary widget manufacturer in the Midlands.The most fundamental issue is that of freedom. If there is a 'trade deal' – and we are now 99% sure there will be – will it compromise the freedom of the UK Parliament to legislate as it sees fit, without having to follow EU laws, directives, and regulations in any way?The Establishment's claims are wrong – and misleadingFor years the Establishment - including the big businesses represented by the CBI and their political supporters - have sought to frame the debate about Brexit on what they claim would be the 'cliff edge' of an exit by the UK from the EU on 'WTO terms'. This type of exit is what Prime Minister Boris Johnson now refers to as leaving on "Australian terms".The public has been given the impression that half of our business is in peril from a 'no deal' Brexit. This is not the case, as can be seen from the official figures we have uncovered. And the percentage of the UK's GDP represented by exports to the EU is very small, as we shall show from official figures in our next article.Is a trade deal with the EU worth the sacrifice of British freedoms and UK sovereignty?We do not think so.Brexit Facts4EU.Org continues to work behind the scenes - in addition to what you read on our website and in social media - to pressure the Government and MPs to rescind and void the Withdrawal Agreement, and to leave the EU on 31 December on WTO terms.We badly need your help to continue this work into the final battle campaign. Readers who have not already donated to fund our work (which involves no limos, no secretaries, no long lunches – unlike the EU Commission) could do so in a two shakes of a Juncker martini. Quick, secure, and confidential donation links are below this article. We only survive on public donations – unlike some Remainer organisations no foreign billionaires have ever funded us, sadly. Come to that, no domestic billionaires have ever funded us either...Please help us out with a donation today, so we can keep fighting for a free, independent, and sovereign United Kingdom.[ Sources: HMRC | BEIS (UK Dept for Business, Energy and Industrial Strategy) | EU Commission ] Politicians and journalists can contact us for details, as ever.Brexit Facts4EU.Org, Thur 17 Dec 2020

[xxxxxy] 17/12/2020 13:05

Production of hydrogen has future pollution problems too.Oil seems less polluting in overall consideration. Lot of quandary though. Nuclear may be the answer. Eventually.

[crazi] 17/12/2020 12:57

Good luck with that. When a deal is announced this will be over 40 in no time at all.

[stewart64] 17/12/2020 12:49

Re. Smartie imminent crash...I think with a Deal 80% priced in I'm thinking little upside here and indeed the worsening Pandemic might cancel any short term gains to be had next week on a Deal.

[crazi] 17/12/2020 12:39

Thursday 17 December 2020 12:35 pm
New: European Parliament paves way for emergency Brexit session
City A.M. Reporter

The European Parliament ‘stands ready’ to convene an emergency session before the end of the year if the United Kingdom and the European Union can strike a deal by midnight Sunday.

In a statement, bosses said if a deal was struck by “midnight on Sunday 21December” and though this is not in fact the date – it is Sunday 20 – it is believed the document is referring to the end of the weekend.

The body, which will need to grant consent to any future trade deal, released a statement this lunchtime welcoming efforts “to avoid a no deal scenario” which it says would have a “huge negative impact… on citizens and businesses.”

Talks are ongoing over the future relationship but many watchers seem to think the odds are moving towards a deal being struck in the coming days.

[minerve 2] 17/12/2020 12:28

It would be so funny if the world decided on hydrogen and electric battery cars were a quick passing fad.

If you are interested and believe hydrogen is the way then JMAT is one to hold in the portfolio. On my watch list ATM.

[minerve 2] 17/12/2020 12:26

Find the most boring stock. Find the unloved stocks. That's where the money and value are.

Not fancy boy stocks like Tesla or numpty coins.

[minerve 2] 17/12/2020 12:25

Serco, one of my holdings, doing well.

[mr.elbee] 17/12/2020 12:03

havent they heard about elasticty of demand?

This will NOT work.

typical though, when fascisti are in charge, thanks to the shameful complacence of the establishment.

[ekuuleus] 17/12/2020 12:00

10% on food and household fuel. Same on food at restaurants to help the industry.

[poikka] 17/12/2020 11:55

BBC (pick me up) has a pic of Macron with his arm around the Spanish PM, with barely a cm between them, never mind 2m. Still, they were wearing masks, so that's ok.

[maxk] 17/12/2020 10:48

The party's over, it's time to call it a day....




The borrowing will have to end, says Rishi Sunak

His intervention comes after government borrowing hit more than £22 billion in October, the highest total for that month on record

By
Lucy Fisher,
DEPUTY POLITICAL EDITOR
16 December 2020 • 9:59pm





The Chancellor has declared he must rein in government borrowing next year and signalled his opposition to a one-off wealth tax to pay for the coronavirus crisis.

Rishi Sunak, the former hedge fund manager who has been at the helm of the Treasury since February, said the current level of borrowing is unsustainable.

His intervention comes after government borrowing hit more than £22 billion in October, the highest total for that month on record.

From the beginning of the financial year in April until October, the state borrowed £215 billion, according to the Office for National Statistics. UK public debt now stands at more than 100 per cent of GDP for the first time since the 1960s.

The economic impact of Covid-19 and the actions the government has taken in response - including the furlough scheme, support for business and extra cash for the health service - have led to “a significant but necessary increase in our borrowing and debt”, Mr Sunak acknowledged last month.





In an end-of-year interview with the Spectator magazine, published on Thursday, he warned: “It is clearly not sustainable to borrow at these levels. I don’t think morally, economically or politically it would be right.”



Full story:

[josh 32] 17/12/2020 10:11

Naz Shah,Diane Abbott.shadow justice Secretary Lammy fined 5,000 for London mayor election not so super

[johnkettleyistheweatherman] 17/12/2020 10:10

minerve still yearning for anti semite Steptoe to be our PM lol

[minerve 2] 17/12/2020 10:04

Gove, Patel, Boris, Mogg

Superstars.

[maxk] 17/12/2020 10:03

Brexit talks could be in their final stages, Priti Patel has signalled, saying negotiations have entered "that tunnel".

MPs are expected to be told that Christmas recess will end today, but that they could be recalled with 48 hours notice to sign off any deal. Michael Gove is also due to update the Commons on the latest in Brexit talks this morning.

Boris Johnson has cancelled a trip that was due to take place on Friday, fuelling speculation that a deal could be near, according to the Sun.

The Home Secretary has further stoked those suggestions, telling LBC: "Those talks continue and I can say now, if we do get a deal then obviously Parliament will come back, we will absolutely come back to finesse and do the legislation that's required.

"But, currently, we're in that tunnel of negotiation and our teams continue to work incredibly hard."

She added: "The Prime Minister and the Government, we've all been very clear that we're not walking away, we will continue to negotiate to get this free trade agreement, but of course we're never going to accept anything that undermines or compromises our independence and our sovereignty as a country.

[minerve 2] 17/12/2020 10:02

British American Tobacco PLC said Wednesday that its Investigational New Drug application for a coronavirus vaccine has been approved by the U.S. Food and Drug Administration, allowig it to proceed to Phase 1 clinical trials in adult volunteers.

BAT--which produces cigarettes, electronic and vape products and other tobacco products--said its vaccine candidate will shortly enroll 180 healthy volunteers for a trial, with results expected in mid-2021. If positive, the results would allow for a Phase 2 study, subject to regulatory approval.

The candidate vaccine, developed by BAT's U.S. bio-technology arm Kentucky BioProcessing, uses fast-growing plant-based technology. The approach brings a number of possible advantages, including the rapid production of vaccine active ingredients in six weeks rather than several months, and has the potential to be stable at room temperature.

"Moving into human trials with both our Covid-19 and seasonal flu vaccine candidates is a significant milestone and reflects our considerable efforts to accelerate the development of our emerging biologicals portfolio," BAT's Director of Scientific Research David O'Reilly said.

Shares at 1551 GMT were up 6.5 pence, or 0.2%, at 2844.5 pence.

[pal44] 17/12/2020 09:58

The Pandemic is gripping the Nation Bojo has no clue I think to distract he will agree to a Deal with the EU just wait and see .

[jordaggy] 17/12/2020 09:58

The Lloyds brand alone is worth 50p as an intangible.