Lloyds Banking Share Discussion Threads

[scruff1] 09/7/2024 21:26

Is that because they wont be in it?

[johnwise] 09/7/2024 21:14

(Facile objectives – like becoming a ‘clean energy superpower’, whatever that fantasy means – should be ditched.”"anything with ‘green’ in the title should ring warning bells ")


Reeves warned about Wealth Fund’s limitations


UK Chancellor Rachel Reeves has been warned that Labour’s new National Wealth Fund risks wasting taxpayers’ money unless it sets realistic objectives.

Professor Len Shackleton, an editorial and research fellow at the Institute of Economic Affairs, adopted a more cautionary tone.

“I wish this new initiative well, but the NWF needs to be realistic about what government can do,” he said.

“Investment is important, but it needs to be sensible and analysis of potential returns needs to be hardnosed. Facile objectives – like becoming a ‘clean energy superpower’, whatever that fantasy means – should be ditched.”

Prof Shackleton continued: “We need to boost not just the quantity but also the quality of investment. In the past, governments have been far too influenced by fashionable boondoggles — nowadays, anything with ‘green’ in the title should ring warning bells — and have wasted vast amounts of taxpayers’ money.

“Sometimes, pension funds and other private investors who paid too much attention to the government of the day also lost out.”

Prof Shackleton said promises of ‘policy certainty’ are nothing new, with many past governments forced to backpedal due to unforeseen events.

“When, long ago, a previous Labour administration set up the National Enterprise Board, it was justified as promoting advanced technology in profitable firms. But the wind changed, and with rising unemployment, 95% of government funds went into attempts to revive lame ducks.

“The government should always remember that it isn’t just cautious investors who hold new projects back. The mass of regulations and prohibitions, plus an increasingly unfavourable corporate tax regime, inhibit much potential investment spending.

“The government will need to attack these issues as well. But that’s inch-by-inch hand-to-hand fighting, not just making grand declarations and sticking new signs on government offices.”

The National Wealth Fund taskforce includes former Bank of England Governor Mark Carney, Barclays CEO C.S Venkatakrishnan, Aviva CEO Dame Amanda Blanc and large institutional investors.


Video: Mark Levin sussed the government scam
The truth about global warming


If Zero CO2 was ever achieved every tree on the planet would die
VIDEO: A Dearth of Carbon Dr. Patrick Moore

[johnwise] 09/7/2024 21:13

("Facile objectives – like becoming a ‘clean energy superpower’, whatever that fantasy means – should be ditched.”"anything with ‘green’ in the title should ring warning bells ")


Reeves warned about Wealth Fund’s limitations


UK Chancellor Rachel Reeves has been warned that Labour’s new National Wealth Fund risks wasting taxpayers’ money unless it sets realistic objectives.

Professor Len Shackleton, an editorial and research fellow at the Institute of Economic Affairs, adopted a more cautionary tone.

“I wish this new initiative well, but the NWF needs to be realistic about what government can do,” he said.

“Investment is important, but it needs to be sensible and analysis of potential returns needs to be hardnosed. Facile objectives – like becoming a ‘clean energy superpower’, whatever that fantasy means – should be ditched.”

Prof Shackleton continued: “We need to boost not just the quantity but also the quality of investment. In the past, governments have been far too influenced by fashionable boondoggles — nowadays, anything with ‘green’ in the title should ring warning bells — and have wasted vast amounts of taxpayers’ money.

“Sometimes, pension funds and other private investors who paid too much attention to the government of the day also lost out.”

Prof Shackleton said promises of ‘policy certainty’ are nothing new, with many past governments forced to backpedal due to unforeseen events.

“When, long ago, a previous Labour administration set up the National Enterprise Board, it was justified as promoting advanced technology in profitable firms. But the wind changed, and with rising unemployment, 95% of government funds went into attempts to revive lame ducks.

“The government should always remember that it isn’t just cautious investors who hold new projects back. The mass of regulations and prohibitions, plus an increasingly unfavourable corporate tax regime, inhibit much potential investment spending.

“The government will need to attack these issues as well. But that’s inch-by-inch hand-to-hand fighting, not just making grand declarations and sticking new signs on government offices.”

The National Wealth Fund taskforce includes former Bank of England Governor Mark Carney, Barclays CEO C.S Venkatakrishnan, Aviva CEO Dame Amanda Blanc and large institutional investors.


Video: Mark Levin sussed the government scam
The truth about global warming


If Zero CO2 was ever achieved every tree on the planet would die
VIDEO: A Dearth of Carbon Dr. Patrick Moore

[utrickytrees] 09/7/2024 20:54

Based on this evenings game, England don't have anything to worry about in the final.

[scruff1] 09/7/2024 18:58

jL
Kneel wont realise what a mess he is making until his reduced majority turns into a Jonathan Ashworth type loss to Abdullah Abdullah al Gaza - our next PM.

[vlad the impaler] 09/7/2024 16:01

II, this little one seems full of rage. Well done, again 😂😂

[thanatos abysss] 09/7/2024 15:58

nice move from 40 to 58


well done bulls

you showed us for what we are


useless

[thanatos abysss] 09/7/2024 15:57

afternoon all


odey says slkfijg;dfknjg;lfdknb;dfzslkbnd'flzknb


sorry he has his mouth full

[institutional investments] 09/7/2024 15:29

Is Charles here?

[vlad the impaler] 09/7/2024 15:26

Afternoon all

II destroying everyone again? haha

[institutional investments] 09/7/2024 13:34

Its a fascinating tribe to research

The Hopefuls

[institutional investments] 09/7/2024 13:33

Tbf, next ftse level is only a formality. But lets pretend it may not be. Like to see everybody have hope

[institutional investments] 09/7/2024 13:31

I can scent blood on the streets coming. If so, this is only the beginning.

[gbh2] 09/7/2024 13:30

hardup - "a similar drop occurred on 28th June for no apparent reason" it'd be disrespectful not to take advantage of their efforts ;))

[institutional investments] 09/7/2024 13:26

I reckon tbe bigger laugh would have been selling to them but I don't know

[gbh2] 09/7/2024 13:03

Picked up a few more, can't be any worse news than having a liebour government in power.

[thanatos abysss] 09/7/2024 13:01

Dude they all laughed at us when we ramping SYME up at 0.8

they still are

[institutional investments] 09/7/2024 12:58

All looked very rational to me anyway. Dunno what u lot were looking at

[institutional investments] 09/7/2024 12:54

Insane? Sort of like irrational?

That's what the ignorant call markets they don't understand 😂

[thanatos abysss] 09/7/2024 12:46

insane insti

PMd you me us

[institutional investments] 09/7/2024 12:41

I think its been QE there really. Let the boys out. In gov and central bank interests for the city to get good average exists, after the crisis experience

I don't think a real market ever existed there