Lloyds Banking Share Discussion Threads

[willoicc] 08/3/2019 15:51

When we have proper jobs, the likes of Ashley and Amazon will not be able to attract workers to their labour unfriendly companies.

[k38] 08/3/2019 15:37

Pound Euro Exchange Rate News: GBP/EUR Muted as Dire German Factory Orders Offsets Brexit Angst
By Matthew Andrews on March 8 2019 in GBP to EUR

GBP/EUR Exchange Rate Steady Following Disappointing German Data

The Pound Sterling to Euro (GBP/EUR) exchange rate is stuck in a narrow range this morning as some gloomy German industrial data helped to offset ongoing Brexit uncertainty.

The Euro (EUR) is struggling to find any momentum this morning as the latest German industrial data prompts further concerns over the state of the Eurozone’s largest economy.

According to data published by Destatis, German factory order growth was reported to have tumbled from 0.9% to -2.6% in January, shocking EUR investors who had expected another month of modest growth at the start of 2019.

The figures come hot on the heels of the European Central Bank’s (ECB) latest rate decision on Thursday.

This saw the Euro nosedive yesterday as the bank slashed its economic forecasts for the year as well as announcing a third round of stimulus funding for European banks in an effort to stave off a prolonged slowdown.

However the ECB’s dovishness appears to have been at least partly vindicated this morning given the poor state of the manufacturing sector of Europe’s largest economy.


Pound Sterling (GBP) Stalls as May Makes Final Call for EU to Agree to Backstop Changes

At the same time the Pound (GBP) remains muted this morning as Theresa May makes a last ditch attempt to get the EU to agree to legally binding changes to the Irish backstop agreement.

The PM is expected to urge the EU to accept the changes and state that the EU’s choice will ‘have a big impact on the outcome’ of next week’s Brexit vote.

GBP investors aren’t holding out much hope for a positive response from the EU however, with the bloc widely expected to stick to its guns as it calls for the UK to find an acceptable alternative to the backstop.

Should May fail to secure any changes to the backstop agreement, then it appears highly likely that MPs will again reject the deal when it is put before the House of Commons next week.


Looking ahead to next week’s session, movement in the Pound Euro (GBP/EUR) exchange rate will undoubtedly be dominated by Parliament’s ‘meaningful vote’ on Theresa May’s withdrawal deal and the votes that will follow should it be rejected.

This is likely to result in some considerable volatility in Sterling throughout the week, with the outcome of each likely to have a major impact on the outcome of Brexit.

Meanwhile, EUR investors are likely to remain focused on Germany at the start of next week’s session with the release of the country’s latest industrial production figures.

This may see the Euro stumble on Monday if another contraction in output at the start of 2019 further stokes concerns of a potential recession in Germany this year.

[minerve 2] 08/3/2019 15:36

"That is why we need to get out of the EU and apply huge import duties to enable us to rebuild our manufacturing base to create real jobs"

You may have some point if that is what would happen post Brexit. The old argument doesn't ring true because a Tory government have no interest in British manufacturing. They are worried that anything that boosts UK manufacture to any notable degree would also empower union activity.

Those that are driving Brexit are not interested in the UK in the sort of way that you and I are interested. To Farage's friends it is a cash-cow and that includes the humans that go with it.

Look how that scumbag Ashley treats other directors. Do we really want to hand power to more scum like him and Green?

[alphorn] 08/3/2019 15:12

A bus on a magical mystery tour. ;)

[k38] 08/3/2019 15:04

With "our head office" in Brussels who give a sh@t about political parties ... as long as we vote for them and as long they get paid good salaries that's only matters to them.

[smartypants] 08/3/2019 15:01

You can not beat being prepared can you...but then who knows?

Delivering a speech in the coastal town of Grimsby, May added that "no one knows" what might happen if the deal gets voted down next Tuesday, but it will certainly bring ongoing uncertainty and a "moment of crisis," as well as the shifting of public attention away from domestic issues such as the NHS.
If a delay to Brexit ensues following the rejection of the deal, it may lead to a "form of Brexit that the people haven't voted for" or a possible second referendum.

Is any one driving the bus?

[bbalanjones] 08/3/2019 14:59

I used to dream of owning a Gull Winged Merc. Long time ago.

[xxxxxy] 08/3/2019 14:55

Extension and messing.

Remember.

Go to the Brexit Party.

[xxxxxy] 08/3/2019 14:53

Honestly the internal combustion engine is going the way of sailing ships and the horse and cart and stuff. Living out the end of its development.

Good engine though. Will be a lot of collectors and vintage and stuff.

[xxxxxy] 08/3/2019 14:48

Extension and/or fudge and millions will never vote Tory again.

Con Party returned to the Stone Age

Target of 17 million registrations for the Brexit Party.

Register with the Brexit Party.

LEAVE and WTO

[polar fox] 08/3/2019 14:46

When you read the RNS, bear in mind that Morgan Stanley have been buying about 11.6m shares every day for a week. This rate would be close to 250m for the whole month.

[bbalanjones] 08/3/2019 14:20

Our species survival has depended for millenia on recognising potential danger. This has stuck with us as a trait deeply embedded. From Competition for food and resources by any means we have devolved to a less violent means of trade. But we seem attached to our own "Country" when essentially we are not far removed from our Hunter-Gatherer antecedants.

[willoicc] 08/3/2019 14:11

Ladeside I bought a smart mobile phone from Tesco a couple of years ago for £29 pay as you go. I still have it, and calls cost 9 per minute. My Virgin landline costs 19p per minute.




LADESIDE
8 Mar '19 - 12:22 - 248862 of 248894
0   2  0



Mobile phones are still really expensive, however most people think they're cheap because they're tied in to a monthly contract "package" which they just accept as normal.

[bbalanjones] 08/3/2019 14:03

Just a thought . . . if Breiteers like Mark Francois keep insisting that an almost three year old Vote is still valid in these more knowledgable times, then what is wrong with validating that by another Vote?

Each Democratic vote is only Valid until the Next One. This for a "Generation thing" is a dud.

[grahamite2] 08/3/2019 13:35

There you have one of the problems with our system. She was one of the worst Home Secretaries of modern times. Everyone knows she's totally useless, and a leftist to boot. Yet still she was chosen.