Lloyds Banking Share Discussion Threads

[rogerrail] 10/6/2019 16:13

And it will escalate after brexit. Over 1 Billion Indians ( compared to a few million Poles) waiting for easy entry to UK as a prerequisite to a free trade deal. So much for taking back control of our borders, roll on the Hindustani republic of Little England!

[grahamite2] 10/6/2019 16:06

On this occasion I think the BBC have got it about right.

Interesting that only 1/3 of pensioners get Pension Credit.

[pal44] 10/6/2019 16:02

in that case why pay for a license if we dont watch BBC trash tv ? itv WILL SUFFICE :)

[10acious] 10/6/2019 16:00

A good read!Thanks to Bernie.

[ladeside] 10/6/2019 15:44

The reason there's so many "poor folk" is that wages have stagnated, pension schemes have closed and bonuses to the shopfloor staff have been reduced / ended.

Contrast that to the upper echelons who have seen their salary rise at crazy rates, their pensions safeguarded and indeed increased and their bonuses gone through the roof.

There's Capitalism and then there's legalised fraud..........

[alphorn] 10/6/2019 15:38

CtR - "300,000 net migration every year" of which the large majority are non EU.

The media fuelled the issue some years back by lumping the EU and non EU together. I think from memory it is around 1/3 : 2/3.

Non EU immigration has exceeded those from the EU in every year since 2011 in the official stats that I have just read.

I don't need to explain that the non EU immigration has nothing to do with any referendum votes.

[grahamite2] 10/6/2019 15:36

Shy Tott 260981

I very much take your point. A friend of mine has a flat - 2 bedroom, ex-council, south of the river - that would cost 300 grand to buy. Luckily she has lived there many years, but where would a young person find that kind of money?

But let me make a few counter-points.

First, by no means all the people Boris would be helping are oldsters who spend their lives on cruises; actually, I suspect only a small minority. Many will be headmasters, senior policemen, sales managers, etc etc, in their 30s/40s/50s and still with children to raise and pay for. Don't they deserve to be given a break?

Secondly, and this is the big problem with so many idealistic schemes, there are an awful lot of poor folk, nothing like so many 40% taxpayers. The arithmetic just doesn't work.

Thirdly, careful mentioned the Laffer curve. OK, I know not everyone accepts its validity; but it is a fact, supported by a great deal of solid evidence, that higher tax rates do not always mean a higher tax take.

[shy tott] 10/6/2019 15:33

Lade, yeah, 6% interest on student loans - it's just supply and demand, so that's ok then. £200 to view a rental property - just supply and demand, ripoffs don't enter into it! £40 grand student debt, often after 3 years of studying a completely useless degree making the graduate unemployable even if there were any jobs needing experts in coronation st., - makes perfect sense! Marginal rates of tax plus ni higher for the lower paid than the very highly paid - nowt wrong with that, lets cut higher rate tax even more!

and I was a lifelong tory until recently when may made me switch to Brexit.

[ladeside] 10/6/2019 15:22

Shy tott, You'll find that they all "worked for it", "deserve it", "in my day we only had" etc, etc.

What you won't find them saying is that favourable house prices, demutualisation and the subsequent free share hand outs etc, free university tuition and grants etc are all things that they benefited from that today's young are now denied and indeed are paying for.

But, we don't want to talk about that..........

[shy tott] 10/6/2019 15:14

ctr, sometimes, conversations for one reason or another aren't worth pursuing. I just hope you'll one day realise how disadvantaged kids today are relative to my generation and how that could lead to an unpleasant society in the future. But I won't hold my breath.

[crossing_the_rubicon] 10/6/2019 15:12

Here are some examples of other young thrifty savers who made sacrifices so as to own their own homes!!!

Couple in their 20s working "bog standard jobs" reveal secret to getting mortgage on £263,000 detached four bedroom house
The childhood sweethearts work "bog standard jobs"

A lot of people I know they’ve got cars, phones, gym memberships, credit cards, but the only outgoings we’ve had is the gym and phone payments nothing else.

“People reading this may think we have high paid jobs but I work in retail. It goes to show you can save money and get a mortgage in a bog standard job.



The ethic
"“There is a difference between need and want. I’ve got a normal car, it’s not fast or flash, it starts and gets me places that is what I need"


How to own a home by the age of 25

Here four young homeowners - all couples - who bought properties in 2016 - reveal just how they did it.

Name: Mark Hepburn, age 23. A debt collector on £18,500 a year
Lives with: Partner Laura Starkie, age 25. An accountant on £20,000 a year



"Note the 2 low paid jobs!! Note the other couples mostly earning similarly low salaries bar the one couple each on £31-35,000 being the odd ones out"



Young couple saved £6k house deposit in six months – and here’s how you can do it too. Hollie, 23, and Jamie Franklin, 25, managed to buy their two-bed home for £118,000 just months after she turned 21






"All about work ethic, thriftiness, and life style choices. All these youngsters from various parts of the country have managed it. How - they did precisely what many of us did back in the day. Saved hard, worked, saved hard, and didn't waste money!"

[crossing_the_rubicon] 10/6/2019 15:04

"Shy Tott10 Jun '19 - 14:50 - 260981 of 260983
Graham, aren't you concerned that you and I and many others (I meet loads on cruises all the time) are wallowing in cash due to favourable treatment when younger and favourable treatment now, while many youngsters are bogged down in student debt and unlikely to ever afford a property without parental help? "


Why don't you forgo your cruises and give the money to someone who needs a leg up top buy a property then? Pick em at random as it's clear you have no kids or experience of kids renting!!


How much is a cruise these days? £3000-9000 odd?

That's pay someone's mortgage/rent for - the length being dependent on which part of the country one is renting/mortgaged in..

Set an example!!! With your own money rather than virtue signalling with everyone elses.

[crossing_the_rubicon] 10/6/2019 14:54

"Maxk, and any other Telegraph subscribers here, will be able to confirm that the one thing they hate about the Conservative Party under Mrs May just as much as its failure to Brexit, is its lurch to the left and abandonment of normal conservative principles."

Precisely correct Graham :)

[shy tott] 10/6/2019 14:50

Graham, aren't you concerned that you and I and many others (I meet loads on cruises all the time) are wallowing in cash due to favourable treatment when younger and favourable treatment now, while many youngsters are bogged down in student debt and unlikely to ever afford a property without parental help? Don't you see looming problems for society with people working hard for not much and others not working and having a lot? Instability is brewing imv, and we should be aware of how things can go.

[grahamite2] 10/6/2019 14:43

Shy Tott 10 Jun '19 - 13:49 - 260966 of 260978
0 3 0
I think Boris has ruined his chances with his tax lowering views for the better off. I'm not sure that is the demographic on which to concentrate.

The demographic he's looking at right now is those 150,000 Conservative members.

Maxk, and any other Telegraph subscribers here, will be able to confirm that the one thing they hate about the Conservative Party under Mrs May just as much as its failure to Brexit, is its lurch to the left and abandonment of normal conservative principles.

If Boris wanted to get 99% of the members' votes he'd promise to slash foreign aid, but cutting excessive taxes is a good second best.

[maxk] 10/6/2019 14:29

Yes, very bad news.

[jacko07] 10/6/2019 14:28

Alphorn..thanks for the link, an interesting thread with good posts.

Far more informative than many, I have put it on my thread list.

[crossing_the_rubicon] 10/6/2019 14:26

The U.K. and South Korea will seek to maintain existing trade arrangements post-Brexit.

The countries will adopt "an existing free-trade agreement" between South Korea and EU even in case of Brexit, Seoul’s Ministry of Trade, Industry and Energy said this morning.

"Oh what's this. FTA will get rolled over"

[crossing_the_rubicon] 10/6/2019 14:13

Oh good grief are we still whining about Chlorine washed chicken.

You Remainers are so unoriginal.