Lloyds Banking Share Discussion Threads

[jl5006] 08/11/2024 17:47

Local authority Pension Funds were limited to investments on a list.
Those investments were not UK market based limited. U may not recall that many had investments in Icelandic banks - think Kent came off badly.
Easy to look superficially and make a judgement
Bit like Reeves and the Treasury never able to do the maths and prepare a trial balance sheet b4 spouting about a black hole and nor realising the impact of her naïve tax measures
Only a labour voter would think that what she has proposed is beneficial!

[scruff1] 08/11/2024 17:24

Yep. S&p and Dow going gangbusters - had their best week of the year. Just been reading how hard our high street shops are being hammered just on the promise of future tax rises. Greg's was booming a few weeks back. Down 7% today. 30,000 staff. Low margins. Reeves has added £45m to its costs this year and another £50m next. Other shops - fashion, food all of em to be hammered. It's madness. It's the opposite of Trump. I see the EU is promising to buy its fuel from America instead of Russia. The bloke is not even in the job yet. We have Starmer to give away our Chagos islands for nowt. Why should we worry eh ?????

[marktime1231] 08/11/2024 17:22

UK Finance the trade association has reported mortgage arrears have reduced in Q3, a small but significant improvement covering both homeowners and buy-to-let. Repossessions remain at historically low levels. No doubt sympathetic handling from lenders, but it also demonstrates that the hysterical warnings (including from Halifax's own head of mortgages) about deep problems when borrowers on fixed rate deals try to renew were false. Add to this wage growth beating inflation, stories of a surge in BoMaD raiding their pensions to gift deposits, and the housing sector reporting higher volumes and rising prices.

In other times LLOY should be responding positively, but the share price continues to retrace back to tangible book value. I wonder what damage the ER NIC increase has done here, directly and indirectly.

Good for the buyback I suppose. Not long to go and you can take a rest hardup.

[utrickytrees] 08/11/2024 16:27

Managing your own investments means most are at the mercy to the ftse 100/250 cos you've only got one pair of eyes Scruff. When MP's pension fund is only 1.7% invested in UK markets you have to wonder if it's a wise strategy? Perhaps you could start a new fund....Canute Investments??

[putinaire] 08/11/2024 16:15

Lots of gerbils above that box lol

[putinaire] 08/11/2024 16:14

Putinaire - 03 Sep 2024 - 11:00:29 - 34327 of 34780 Lloyds Bank (LLOY) 'On Topic only' - Thread - LLOY
60 didn't work out well then? What next?

......wow, they gave it some poke

[car1pet] 08/11/2024 16:01

5 days ago Tesla shares were $252 now $313. Smart cookie Musk

[xxxxxy] 08/11/2024 15:55

Reeves = UK ECONOMIC SUICIDE. Nigel Farage for PM.

[xxxxxy] 08/11/2024 15:53

John Redwood@johnredwoodBoth the Bank of England and OBR say the budget put up inflation and cut growth. So why did she do it?6:42 am · 8 Nov 2024·

[min ping] 08/11/2024 15:52

Slapper Ange is too nice for her

farage didnt give labour a majoirty

the TORIES did u plonker

[suetballs] 08/11/2024 15:31

I too can see no catalyst for UK shares.
Reeves has just added great big pile of treacle on to the ftse and it looks to me that we'll be back in the 7's pretty soon.
Not a great finish to the week.
Suet

[car1pet] 08/11/2024 15:21

Depressing scruff but sadly true

[scruff1] 08/11/2024 15:09

IMO there is just an across the board feeling of dejection. There is a growing realisation that the budget is going to knock the stuffing out of any hope of growth, that inflation will be back on an upward trajectory and with it interest rates. If any one needed confirmation then Bailey provided it yesterday. The way its going in China Miliband may have no one to make his windmills.
The way Europe has been governed pretty much across the board is now coming home to roost. There are very few bright spots, certainly not the Netherlands, Germany or the UK. Trump will rub salt in. Like or loathe his policies he is no wet liberal and will do what he says and will do what he thinks is best for the US of A not some destructive and wokey wet ideological nonsense. If he says hes going to impose tariffs then thats what he will do. If he says hes had enough of bankrolling NATO dodgers like Germany then thats what he will do. Why should he save a European country from another European country when they have been shy in the pot. Reeves has taken our borrowing beyond sensible limits and our airforce is short of propellers and our 10 soldiers are tired of shouting bang.
On top of which he will ensure US energy self sufficiency. Miliband has ensured we are now dependent on hostile states. Main question for me is what and when is anything going to appear to give our declining stock market a shot in the arm. I cant see anything in the immediate future. 2029 possibly the earliest

[careful] 08/11/2024 15:04

you are disrespectful of women scruff.
no gentleman to be sure.

or have you like Starmer a two tier approach to good manners.
Well bred upper class ladies are treated with respect.
Working class ladies of humble origins you are rude to.

[squire007] 08/11/2024 14:45

I think they finished the buy back :-0

[scruff1] 08/11/2024 14:39

careful
You clearly know more about the Duke of Westminster than you do about farmers. Its a bit like listening to Slapper Ange telling the Don how he can keep his special relationship with the UK if he does what Two Tier Tool and Fat Dave tell him.

I wonder if Slapper Ange has seen the Ftse 100 and 250 this week as she's read her copy of the FT over her smoked salmon and avacado breakfast toasts.

[gotnorolex] 08/11/2024 14:29

Good reason for retaining the landed gentry! Ever seen an unsightly monstrosity new build in Mayfair?

[aceuk] 08/11/2024 14:14

🤣🤣🤣

[careful] 08/11/2024 13:24

The landed gentry are furious.
Old families, our social superiors do not pay tax, that is for plebs and the common riff raff.

Duke of Westminster died a few years ago, his estate was worth approx £8bn.
The new Duke of Westminster inherited after tax £8bn.
These people are so well connected, know your place and stop trying to tax your superiors. It is disrespectful.

Trusts as used by the duke or land tax, we all agree that our social superiors should not pax tax particularly on land.

The new tax on farms is very modest, below normal rates.
Yet see the intensity of the anger.

You can be forgiven for being wound up on this issue, you have been subjected to a barrage of publicity in support of the landed gentry. You know your place.

[xxxxxy] 08/11/2024 13:23

https://www.express.co.uk/news/uk/1973097/armistice-day-protest-youth-demand