Lloyds Banking Share Discussion Threads

[gbh2] 03/2/2021 10:13

It's the hedge Funds that drive the market, they make money both ways when there's no organised PI move against them ;))

[patientcapital] 03/2/2021 10:08

So who fancies a flight? Reminds one of the pilot asked why he only flew four engined aircraft. "Because they don't make one with five"."SpaceX has performed the latest high-altitude flight test of its Mars-bound Starship spacecraft, resulting in a huge explosion upon landing.The Starship SN9 prototype launched from SpaceX's Boca Chica facility in Texas on Tuesday, reaching a height of roughly 10km before belly flopping back to Earth. Before reaching the landing pad it performed a complex landing flip manoeuvre but failed to right itself properly and crashed on the landing pad." 'Independent'

[freddie01] 03/2/2021 10:00

Britten-Norman set to automate Islander aircraft


A consortium of British SMEs and academics have announced the formation of Project HEART as part of the Government’s Future Flight Challenge. The consortium will work on the project – Hydrogen-Electric & Automated Regional Transportation – over 5 years to create the foundation for a fully sustainable and scalable commercial aviation network that could connect the whole of the UK.

HEART aims to transform air transportation in the UK for cargo and passengers. The project will focus on transforming 9 – 19 passenger capacity aircraft and utilise up to 100 licensed General Aviation airfields around the UK. The partnership identified the main challenges facing regional air transport, aiming to address them during the project. Each member of HEART will focus on combating a specific issue including cutting carbon emissions to zero, reducing costs to operators and passengers, expanding regional airports and increasing the frequency of services.

As the UK’s only sovereign commercial aircraft manufacturer with over 65 years’ experience designing and manufacturing aircraft, Britten-Norman will work with Blue Bear Systems to automate the Islander. Known as a rugged workhorse, the aircraft serves in a variety of roles from passenger and cargo transport to medevac and search & rescue. Its adaptability, as well as short take-off and landing abilities, has made it the backbone of communities around the world. The project’s first milestone will be to demonstrate single pilot operations with an autonomous co-pilot providing access to more information and assistance than human perception alone can provide.

The project’s breakthroughs will allow regional air transport to compete with traditional ground services. A zero-carbon aircraft that was able to offer higher frequency services, with more day return scheduling and reduced travel times, could become a significant rival to road and rail journeys. This is critical to the UK’s levelling up agenda, improving transport links between the UK’s regions and cities.

Members of the project, led by UAV specialist Blue Bear Systems, include hydrogen-electric powertrain developers ZeroAvia and green hydrogen experts Protium, satellite communications authority Inmarsat, regional airline Loganair, regional airport group Highlands & Islands Airports Limited, award-winning architect firm Weston Williamson + Partners, global vehicle hire company Fleetondemand and Edinburgh Napier University.

Lara Harrison, Business Development Director of Britten-Norman, said: We are looking forward to working closely with Blue Bear Systems to produce the next generation automation for the Islander. Project HEART represents an important step towards the future of aviation in the UK. I look forward to the consortium working together to revitalise and expand the UK’s regional air transport network.”

[maxk] 03/2/2021 09:44

It's brexit wot done it diku. If only we had stayed in...it would be sunlit uplands.

[diku] 03/2/2021 09:41

Here we go again...rain rain and more rain...will it never ever ever never stop raining...

[crazi] 03/2/2021 09:32

Sold my Virgin this morning...

Lloyds will have good results as well. Record Mortgages over the past 6 months etc

Last time Virgin share price was at 150 back in November - Lloyds was at 40p... only 34p now - the usual underperformance driven by these MM's...

Get them cheap now before Results...

[xxxxxy] 03/2/2021 09:27

GB News.htTps://pressgazette.co.uk/what-is-gb-news-everything-you-need-to-know/?fbclid=IwAR0_CHfbvHJ6hWMQ-gvdHuLIJpYQEVQavuXCoVzELewpmOdULcx29ytO4aA

[gaffer73] 03/2/2021 09:15

Good results from Virgin money.

[poikka] 03/2/2021 09:09

Looks as if the 'international community' were wrong when they criticised the UK's decision on a 12 week gap between jabs.

Not to mention the EU still rubbishing the AZN/Oxford vaccine AND the 12 week regime.

"As well as showing an effect on transmission, the study found the vaccine offered 76% effective protection from a single dose for three months.

With no fall in protection during the three-month period, the researchers said the results supported gaps between first and second doses of between four and 12 weeks. The effectiveness of the vaccine increased with a longer gap of 12 weeks before the booster jab - PLEASE NOTE!

When the second dose is given, the study found the level of protection from the Oxford-AstraZeneca vaccine rises to 82%."

The EU commission just can't seem to get it right. There's something smelly in Brussels, and it starts at the top.

If they can't change tack, they're going to end up on the rocks.

[cheshire pete] 03/2/2021 08:54

5xy: "Von der Leyen dragged in front of MEPs in secret, closed meetings"

lol no need for secrecy any more....clear to all now, through their attempt to renege on agreements, just how awful the EU really is once the glitz is removed.

[maxk] 03/2/2021 08:52

Off topic, sorry ... this will be doing us no favours




Sunak could launch tax raid on banks
UBS analysts says the Chancellor could squeeze financial sector to help tackle £400bn deficit

By
Russell Lynch,
ECONOMICS EDITOR
2 February 2021 • 3:00pm


Rishi Sunak could launch a tax raid on banks to help tackle the UK’s record deficit, according to the investment bank UBS.

The warning comes amid speculation that the Chancellor will use next month's Budget to begin the task of putting the public finances on a “sustainable” footing as vast pandemic spending pushes borrowing above £400bn this financial year.

A Conservative manifesto pledge prohibits him from raising income tax, VAT or national insurance, raising concerns among businesses over rising corporation tax.

Jason Napier, a UBS analyst, said banks were vulnerable to a Treasury raid despite a levy on balance sheets introduced after the financial crisis and an 8pc corporation tax surcharge in 2016.

The levy brought in £2.5bn last year, while the tax surcharge earned £1.5bn.

[pwal] 03/2/2021 08:17

3 weeks and we will know if the dividends have been reinstated

[xxxxxy] 03/2/2021 08:01

EU's conductor forced to face Brussels music as cacophony grows across EUVon der Leyen dragged in front of MEPs in secret, closed meetings?© Brexit Facts4EU.OrgGiven how the Commission is chosen, was the EU vaccine crisis an accident waiting to happen?On 27 Nov 2019 in the French city of Strasbourg, 27 men and women were formally approved as EU Commissioners for the next five years. Led by their German President, Ursula von der Leyen, who had been selected in July, they started work on the following Monday. Ever since then, they have collectively had a direct impact on the lives of all British and EU27 people.Constituting the 'College of Commissioners' these 27 men and women form the most powerful body in the EU after the EU27 national leaders themselves.Yesterday, in her increasingly stressed attempts to save her job and the tattered reputation of the EU, Commission President Ursula von der Leyen agreed to appear before the committees of each of the major political groups in the EU Parliament, to explain her actions and to explain the disaster that is the EU Commission's handling of the Covid crisis and its vaccination programmes. This being the EU, these meetings were held behind closed doors and no reporters were allowed.The EU's vaccine policies and programme has been a disaster and the Commission is to blameAs we have reported on more than one occasion in recent weeks, the EU's vaccination policies and programmes have been a disaster. The UK has been by far the most successful country in Europe, dwarfing the vaccination programmes of all EU countries up to and including the mighty Germany.Below is the chart we prepared one week ago, showing the number of vaccine doses administered in each country:-?© Brexit Facts4EU.Org - click to enlargeThe EU's vaccine policies and programme have been a disaster and the Commission is to blameIt was the Commission that insisted on taking over Covid from national governments of the EU's member states, as it rushed to play catch-up in the Spring after failing to help Italy when it was the first country in the EU to experience a crisis in its hospitals.In its desparate attempts to seem relevant - and after a belated realisation that this was an opportunity for the EU to seize even more power from national governments - the Commission persuaded Angela Merkel to let it take over the coordination of the vaccine policies and programmes on behalf of all EU member countries.Given the quality of the Commissioners involved, and the EU's well-known inability to organise anything important in any reasonable timeframe, this has proved to have been the proverbial 'accident waiting to happen'.The day of the EU dictators - Friday 29 JanuaryFor years we and other Brexit organisations have argued that the EU's institutions are undemocratic, dysfunctional, and ineffective in today's world. For the same years we have been ridiculed by Remainer-Rejoiners.Perhaps one of the most powerful vindications of our position - on so many levels - came on Friday, 29th January 2021. In its desparate attempts to deflect blame for its lamentable performance in managing a vaccine rollout for the EU, the Commission accelerated and turbo-charged its attacks on the UK and on a half-British pharma company that had offered its vaccines to the EU at cost.In its rushed incompetence, at around 5pm the Commission issued a diktat which effectively introduced a hard border between the Republic of Ireland and Northern Ireland. This was the issue which the EU spent years blackmailing and bullying the UK over, fabricated out of nothing, but which had proved to be a great PR exercise for the EU.It took until nearly midnight before the urgent calls from the Irish Taoiseach Micheál Martin and the British Prime Minister Boris Johnson - neither of whom had been consulted before the Commission took its draconian actions - resulted in the Commission backing down.What does the EU Commission do?As the EU itself says about the EU Commission:"It is alone responsible for drawing up proposals for new European legislation"Proposes new laws – the only EU body that canManages EU policies and allocates EU fundingDraws up annual budgetsSupervises how the money is spentEnforces EU lawRepresents the EU internationallyHow believable are the EU's claims for 'democratic legitimacy'?The EU Parliament claims that its objective is "to ensure that the EU's executive body has the democratic legitimacy to act in the interest of Europeans." It goes on to say that "MEPs elected Ursula von der Leyen as Commission president in July."How true is this?Frau von der Leyen was a last-minute compromise candidate for Commission President when the 27 EU leaders could not agree on anyone else and time had run out. She was then put forward to the EU Parliament in July.BREXIT FACTS4EU.ORG SUMMARYThe vote to 'elect' the most powerful person in BrusselsThere was only one name on the ballot paper: Ursula von der LeyenShe had been the close ally of German Chancellor Angela Merkel for 15 yearsUntil July 2019 she had been the deeply unpopular German Defence MinisterThe vote was secret, so we can't even tell you how British MEPs votedThis German Defence Minister only managed to win in Strasbourg by a majority of 9 votes out of a possible 74722 MEPs abstained, 1 spoilt their ballot paper, 14 didn't even turn up?© Brexit Facts4EU.Org - Click to enlargeOnly one candidate on the ballot paperDoes this not sound more like an 'election' in North Korea, or China, than in Western Europe?Despite this, the 'approved' candidate only just wonPolitburo politics?British people are accustomed to elections involving more than one candidate. This is not the case when it comes to electing EU Commissioners.Frau von der Leyen was the ONLY CANDIDATE on the ballot paper – exactly as Jean-Claude Juncker was the only candidate for EU Commission President back in 2014.In November 2019 in Strasbourg the EU Parliament approved the other 26 candidates making up the EU Commission. The vote was on the EU Commission as a bloc. Over previous weeks some of the MEPs had been able to question the candidates for each role in the Commission. However at the 'election' the EU's 'elected representatives' were presented with just one candidate for each role.OBSERVATIONSTrue democracy – as it has evolved over centuries in the United Kingdom – involves having a choice. This is one of the key aspects of what ordinary people generally mean by democracy.'Elections' which only involve one candidate are common in totalitarian regimes, specialising in incompetence. An 'election' with only one candidate on the ballot paper can only be described as a rubber-stamping exercise.We cannot emphasise strongly enough how powerful is the EU Commission in shaping the laws, directives, regulations, 'reasoned opinions' and overall direction of travel of the EU. These actions affect all EU countries and their citizens. And yet this is done without any popular mandate.Was there ever a better example of the EU's totalitarian incompetence as that which we have witnessed during the past week? We doubt it. A few days ago the anti-Brexit, Europhile FT urged Brexiteers not 'to gloat'. We're not gloating, but we will not be silenced on such an important matter. We will most certainly point up the fact that Brexiteers were right all along, and Remoaner-Rejoiner papers like the FT were wrong.NOTE TO ALL READERS: We need you. Please help us to keep publishing what the BBC won't. We rely on you to keep going, publishing unique, well-researched, and informative articles. Our work has impact and is read by politicians, international commentators, the media, and of course by the public. We will have to cut back even further without your help. Please make a donation today.Quick and secure donation methods are below. Thank you.[ Sources: EU Parliament | EU Commission ] Politicians and journalists can contact us for details, as ever.Brexit Facts4EU.Org, Wed 03 Feb 2021

[xxxxxy] 03/2/2021 07:35

One Oxford Covid jab cuts transmissionMajor study finds single dose stops two thirds of onward infection, with no hospitalisations recordedByHenry Bodkin, HEALTH AND SCIENCE CORRESPONDENT ; Laura Donnelly, HEALTH EDITOR and Gordon Rayner, POLITICAL EDITOR2 February 2021 • 9:00pm... Daily Telegraph

[minerve 2] 02/2/2021 23:35

This is a government & a PM that believed that the lessons of history did not apply to them, that they could do what they liked with impunity.

Rather quicker than they expected they are learning that they were wrong. Brexit Britain was never ever going to be one big happy British family. Instead we have a union fracturing in front of our eyes & society more conflicted than I can ever recall.

With the medium term economic case for Brexit now destroyed beyond any reasonable doubt there is really only one continuing driver for defending this course; a misplaced jingoistic view our past that has no place in our modern world.

[minerve 2] 02/2/2021 23:18

How about a grace period of forever?

ROFLMAO!

[minerve 2] 02/2/2021 23:09

Brexit: Michael Gove calls for extension of Brexit grace periods


Ha ha ha ha!

[aceuk] 02/2/2021 22:59

Southampton on the wrong end of a very big score again, 9 - 0

.... just sayin'