Lloyds Banking Share Discussion Threads

[polar fox] 09/12/2018 17:11

So the BBC has just said on the news, that the vote WILL go ahead on Tuesday. That tells us, I believe, that they've tallied up the votes over this weekend, and the votes just aren't there to change Leadsom's motion of Dec.4. Which means, of course, that the votes aren't there either to approve her deal. Expect to see the banks lower.

[stonedyou] 09/12/2018 16:57

We want to leave the "HATED EU" oh yes we dooooooooooo!!!!



“This film is a battering ram.

“We will use it to reduce Fortress Europe to rubble.




New feature-length documentary film shows why we must vote for Brexit



A FILM which makes “a compelling and persuasive case” for leaving the European

Union will get the red carpet treatment this week.



A glitzy first night has been promised for Brexit: The Movie when the feature
length documentary enjoys its premiere at the Odeon in London’s Leicester Square on Wednesday night.

Organisers Leave.EU said the film is one of the key events in the run up to the referendum on June 23.



Featured in the film are figures representing the breadth of the Leave movement

such as Ukip’s Nigel Farage, David Davis MP and Labour’s Kate Hoey, as well as

North Sea fishermen, UK sugar company Tate & Lyle and business leader John Mills.



Mr Durkin added: “This film is a battering ram.

“We will use it to reduce Fortress Europe to rubble.

It is incredibly pro Brexit."

[y1phr1] 09/12/2018 16:33

52p by close of business Monday

[bargainbob] 09/12/2018 16:32

It’s hard to know whether to laugh or cry. These idiots are actually revelling in the idea that they’re characters in a fantasy world. Scotland, we don’t have to stay in Narnia with them - we can opt to stay in the real world with #independence.

NS , Indy 2 about to be called imho.

[montyhedge] 09/12/2018 16:17

Corbyn now firm fav to be the next PM. Even money general election next year. Watch out bank stocks if he get into power.

[xxxxxy] 09/12/2018 16:07

She is going going going gone.

And take the faecal EUSSR with her.

LEAVE and WTO

[polar fox] 09/12/2018 15:59

The last I heard, cm, from 7pm for the key vote, after the amendments have been debated and voted on. I suspect it could extend anywhere up to 10pm-ish.

[cm44] 09/12/2018 15:35

Polar,much appreciated explanation.
Do we know what time the vote will be?

[cheshire pete] 09/12/2018 14:49

Thanks for your good research polar fox. I too was puzzled by Sir Graham Brady's delay suggestion as though it could happen easily.

[gotnorolex] 09/12/2018 14:00

We have backstops at every single point of entry as it stands now, don't we?
Differing duties on fuel and tobacco to mention just two!

[polar fox] 09/12/2018 13:51

Regarding the possibility of TM delaying the meaningful vote from Tuesday, I posted last week that I thought the HoC would have to vote on any such change, which it would probably NOT want to do, IMO.

I've rummaged around the relevant parliamentary aspects and it does look like TM cannot delay the MV without such a House vote first. Politically, if Downing Street also thinks that the House would not vote for a delay, then her hands are tied. All this stuff about a possible delay never mentions the problem of the House having to vote first on any delay.

Here are a couple of excerpts from the Leader of the House's {Leadsom} statement on Dec.4, to explain:

I beg to move,

That the following provisions shall have effect.

Sitting arrangements

(1) In this Order—

‘European Union withdrawal motion’ means a motion in the name of a Minister of the Crown under section 13(1)(b) of the European Union (Withdrawal) Act 2018; and

‘allotted day’ means a day on which the first Government business is the European Union withdrawal motion.

(2) The allotted days shall be Tuesday 4 December, Wednesday 5 December, Thursday 6 December, Monday 10 December and Tuesday 11 December.

and

I hope that all hon. Members will agree the motion before us. If we can do so quickly, we can move on to the vital debate that precedes the meaningful vote itself, which will take place next week on 11 December. I commend the motion to the House.
unquote

So when the motion was approved, Dec.11 was effectively set in stone for the meaningful vote.

So, when someone like Graham Brady suggested the MV could be delayed, he omitted to make any mention of the need for the House to vote that delay through first. Why would the House agree, in all the circumstances - MPs just want to get on with taking control, or so it seems to me.

I think this explains why Downing Street says the MV will still be on Tuesday.

[poikka] 09/12/2018 13:49

"Ex-cabinet minister Esther McVey has said she would run to be Conservative leader if she was asked to by colleagues.

The former pensions secretary said that there should be someone leading the country who has “passion”; to deliver Brexit.

Ms McVey said she would back Theresa May if she tried to renegotiate her deal, but otherwise argued that the prime minister would find herself in a difficult situation.

In a separate interview ex-Brexit secretary Dominic Raab also would not rule out a bid for the Tory crown, but said a contest now would be indulgent."

Esther is probably pushing it a bit after her NAO faux pas, but Raab fits the bill.

[poikka] 09/12/2018 13:47

Graham - "What far-right groups". Having read the leader of Vox's views on various topics, I concluded that his was a "far-right" group, but I nearly wrote exactly what you wrote as indeed any right wing group that a particular news outlet doesn't agree with IS labelled "far-right".

[stonedyou] 09/12/2018 13:44

JEREMY PAXMAN: My dog could have won a better Brexit deal than those forelock tugging drones we sent out to battle Brussels



"bellow in an angry Geordie voice ‘It’s about time you learned to respect the

decision of the working class!’ he roared"



The outcome of the 2016 referendum was clear.

By a margin of more than one million votes, the British people said they wanted to leave the EU.


Can you imagine Winston Churchill allowing his negotiators to dance the hokey-

cokey with a bunch of foreign bureaucrats and then expecting the British

Parliament to agree to a half-in, half-out arrangement which continues EU control

until the organisation feels inclined to give it up? And which, by the way, makes

it impossible for the UK to strike its own trade deals?




But when he told the House ‘I know codswallop when I see it’, he was speaking for many.

‘Codswallop’ is a kind way of describing the piece of paper MPs are being asked to endorse on Tuesday.

If there has been a better example of the failure of Britain’s political class in the last 50 years, I have somehow missed it.



Yet the Government preferred to stick with the familiar collection of forelock

tuggers, who opened talks by offering to give Brussels billions. Is it any wonder

that we have ended up with a dog’s breakfast?


Was this sheer incompetence or, as many suspect, the deliberate foot-dragging of a

Remain-dominated establishment?

Now we are in the throes of a parliamentary process that could fairly be described

as contemptible.

[grahamite2] 09/12/2018 12:39

071 interesting that The Guardian, of all things, states its financial objective in dollars!

Note the woman who said she was voting Vox but didn't want to give her name. This chimes with what I said earlier about the "shy conservative."

[poikka] 09/12/2018 12:33

Shame that the lethargic Brussels bureaucrats have created these far-right groups. And all the talk of the EU bringing peace to Europe.

[poikka] 09/12/2018 12:28

Here's Boris gamely trying to speak past Marr's interventions, and after Barclay trying to convince us that jumping out of an aeroplane using a parachute controlled by Brussels is a good idea.

Boris 39 minutes in:-

[maxk] 09/12/2018 12:22

The pundits are getting it wrong on a daily basis.

Opinion polls are losing relevance.

[grahamite2] 09/12/2018 12:17

I don't think they are very often wrong - generally it's remarkable how reliable they are on the basis of talking to just 1,500 people or so.

The big exceptions have all been very recent - last two general elections, Trump, Brexit. Your point about truthful answers comes in there - a lot of people, for whatever reason, are "shy" of claiming to be in any way conservative.

Very large turnouts are also a problem. Previous behaviour is taken into account, but you can't legislate for someone who has never voted before.

[pawsche] 09/12/2018 12:09

@diku - 8 Dec '18 - 09:41 - 238997

This all sounds a bit like the year 2000...the fear of computers crashing and planes falling out of the sky blah blah blah...nothing happened...apart from the overly hyped up tech bubble burst...

No, actually it's the complete opposite of the "year 2000 panic". None of the apocalyptic predictions occurred because the industry took the problem seriously and started preparing for, and solving it, years in advance. It involved a huge amount of work and study, with a very acceptable result...

Unlike brexit, where the government has fannied about since June 2016, or before it for that matter. They had time to prepare for a "leave" vote since the day after the Referendum Bill was passed into law, but, I suspect, they were so bloody sure that the result would chime with that of the "Westminster Bubble" there was no need to consider the possibility of having to do anything. The shocked look on Dimblebee's face when the results came in was testament to the strength of opinion held by the out-of-touch elite.

[poikka] 09/12/2018 12:08

That poll result would be turned on its head if we had a strong charismatic Leave PM with a strong message to the EU - "we're leaving, and if you'd like to negotiate sensibly we're ready, but just don't even think about fugging us about, because we'd stop talking."