Lloyds Banking Share Discussion Threads

[diku] 14/12/2018 11:17

From the media...think May went there to wish A Merry Christmas!...empty handed..


Jean-Claude Juncker, the European Commission president, said at a midnight press conference after the discussion: “I do find it uncomfortable that there’s an impression perhaps in the UK that it is for the EU to propose solutions.

“It is for the UK leaving the EU and I would have thought that it was rather more for the British government.”

[k38] 14/12/2018 10:45

In Europe the bureaucrats have the upper hand and as they said, backstop is an insurance policy to protect the integrity of the European union. What that means
?
If there is democracy in Brussels, what they are afraid of..
Or they using UK as the black sheep to make an example to others
'This is what is going to happen to you if..'

This deal is not a deal, worse than any deal. The no deal is the best outcome from this mess!

Let's face it, in this club of bureaucrats there is no democracy and I do not support them. Better off out of it !

[minerve] 14/12/2018 10:36

The moral of the story is: Never give chimps a ratchet set, you know it will end in tears.

[careful] 14/12/2018 10:33

I really need someone to explain the advantage of making our own trade deals.
Our best companies export all over the world right now.
And have done for years.
we are a successful trading country.
45% of our goods are to the eu. 55% elsewhere.
...that is now, as a member of the EU.

Trade deals with other countries usually means us buying food from them, screwing our farmers and the eu farmers. We buy lots of food from the eu. which would not be easy to replace. We have 400,000 in the processed food industry who's Jobs depend upon the eu.

hard Brexiteers seem to be ignorant of these matters.

[minerve] 14/12/2018 10:32

Poikka

On a c50/50 split you will not get a deal approved that will last for a long-time if it only appeases the extremists on either side. When the referendum was held there was no discussion on the level of leaving ties with the EU. Trade still happens and movement of labour is still required. All these soundbites you morons use are starting to become rather a bore and are quite frankly childish and only used by the ignorant, morons and those with very selfish interests. I voted Remain and would vote for this deal. No one should get their own way here. Hard-Brexiters need to be treated in the Tower of London IMO. Those in the House of Commons, and those on this thread, talk as if they have the mandate to speak for the whole of Brexiters when probably they speak for a very small number. In fact, I believe that if there was a vote on the type of Brexit people wanted the Hard-Brexiters would have a % so small that they have no real authority to voice their opinion at all. Only idiots would want a poorer future for the next decade or two. Complete sovereignty will ALWAYS damage economics in a globalised world - that is why it is only a pipe dream. Why are we even giving RM and his clowns air-time? It is time for Labour to support the Conservative moderates and give-up on that idiot who has become a massive disappointment by being prepared to damage the country to try and attain power. Corbyn will NEVER get my vote. His behaviour has just been as appalling as Boris and RM IMO.

[poikka] 14/12/2018 10:27

Decades ago, I said to my Scandinavian in-laws that the Euro could not work owing to the differing European economies. It's been a struggle, and no solution in sight for them.

Which is no wonder when one realises just how remote from reality is the E. Commission. They live in a warm cosy bubble, where money keeps flooding in from grateful (not really) country donors. Free money is very dangerous. What a mad scheme.

[poikka] 14/12/2018 10:27

Things not looking too rosy over on the Continent. With youth unemployment a disgrace, and would have looked worse if countries like the UK hadn't taken so many in, how long before they go into recession and riots - or more riots, I should say.

"Today, the Eurozone PMI sends a message that is more along the lines of “continuing confidence with alarm bells ringing”.̶1;

“GDP growth in the third quarter slowed to 0.2% with expectations of a bounce back straight after. Even though the PMI is still signalling output growth, the question is whether growth has even picked up at all despite one-offs affecting the third quarter reading.”

“New orders barely grew in December and export orders showed the sharpest contraction seen since the start of the indicator. The global economic environment is hindering Eurozone output, but internal factors like the French protests also played a role in the weak December reading.”

“Today’s PMI confirms an already slow growth environment and with plenty of downside risks possibly materialising before summer next year, doubts about the forward guidance are likely to increase.”"

[likeawalrus] 14/12/2018 10:17

someone recently pointed out that May's deal actually means NO deal in that we cannot enter into trade deals with other countries until the EU says we can, whereas a clean-break Brexit means we can instantly negotiate trade deals with everyone (including the EU) plus we can support any struggling sectors with the 39 billion. Yes that is a very simplistic view of the world, but trying to find a complex solution to a complex problem has not worked!!!

[careful] 14/12/2018 10:11

May 'no deal better than a bad deal', 'leave means leave', is just wrong.
She was economically ignorant when she said those things but after her crash course in reality she now knows better.

She must ignore the hard Brexit crowd, they do not understand the hardship and political unrest a no deal would bring.
Show leadership, which means even looking after the interests and futures of hard Brexiteers and their families,..by ignoring them.
Save them from themselves.

[diku] 14/12/2018 10:06

Parliament should have been given a chance to vote and a brief description for reasoning...those opposing or in favour...then May could have taken the reasoning for rejecting the deal to EU for more tweaks...currently she is going there with an empty hand hoping for the best...EU will play the delay tactic game...

[poikka] 14/12/2018 10:03

Newbank - "May is trying to cater for both lots of voters."

And there lies the problem, she has to concentrate on making Leave means Leave work - well she's failing because she's trying to appease all sides.

[careful] 14/12/2018 09:45

May seems to be a terrible negotiator.
Tusk said she did not tell them what she wanted, but asked them what to do.
I wonder if parliament can force an early vote on the deal?

May vs parliament.
It is almost as bad as King Charles 1 vs Parliament and Cromwell.
A constitutional crisis.

Charles had his head chopped off.

[careful] 14/12/2018 09:40

It would take a brave man to buy today.
May performed badly according to reports.

[k38] 14/12/2018 09:40

Newbank you miss the point.
All you said sound logical but you forgetting a few things, like..
First the backstop and the risk of it, second, with TMs deal, You pay but not have a say, just obey the rules.

[action] 14/12/2018 09:30

Lloyds lowest price I can see is 45-46p . DYOR.

[k38] 14/12/2018 09:12

Well, I guess it's time for the 'proud' people of UK to find out what colony means. lol

[patientcapital] 14/12/2018 09:11

A large number. 27 to 1.

[montyhedge] 14/12/2018 09:06

Investors sleepwalking into Brexit. No deal and it's looking that way could be a disaster for domestic sterling earners.Dollar earners ok, Shell, GSK etc. Banks disaster.

[montyhedge] 14/12/2018 09:03

Temporary in political terms means permanent. Income tax was temporary when brought in to pay for the war.

[utyinv] 14/12/2018 09:02

Oakville,

Don’t know about Bloomberg but Credit Suisse issued Outperform reiteration on Weds with target of 90p

[xxxxxy] 14/12/2018 08:58

Critical

The withdrawal Agreement of May shackles us as a colony to the EU
Because:
TEMPORARY. What is ' temporary'.
Define 'temporary'

Income tax was a temporary tax to fund the Napoleonic Wars. It was was introduced in 1799 as a 'temporary' tax. But it is still with us. Just one example of 'temporary' effectively becoming permanent.

So May and her current Withdrawal Agreement had better rigorously define 'temporary' or any other waffle that she and her EU concocts.

Legal documents have to be rigorously DEFINED.

May has been blinded by the EU.
We, The People are not so gullible.

SO. DEFINE. TEMPORARY

The Backstop is temporary – what is this temporary?

SO. DEFINE. TEMPORARY