Lloyds Banking Share Discussion Threads

[maxk] 22/6/2019 08:29

Everything is different now it's the Conservative Party grass roots doing the voting


CHARLES MOORE
Follow Charles Moore 21 JUNE 2019 • 9:10PM







Whoever the members pick will have just 101 days to succeed


Sometimes it makes a difference where you are when you write. I am writing this column at home in the country, somewhere in southern England. The sun is shining and the midsummer grass is green after rain. Being close to the grass, I am close to the grass roots – the people who will decide who the next Conservative leader will be.

Viewers of Channel 4 News on Thursday had the delicious sight of Jon Snow complaining that the Tory electorate in this vote were all white men over the age of 55. Mr Snow is white, male and aged 71. The victim of his harangue was Nusrat Ghani, the brown-skinned, female, Conservative MP for Wealden, who is...




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[xxxxxy] 22/6/2019 08:27

Gatt 24 and free trade

By JOHNREDWOOD | Published: JUNE 22, 2019

The Governor of the Bank of England tells us we cannot escape tariffs by offering to negotiate a free trade agreement. If the EU agrees to free trade talks as we leave the EU then we can.

Gatt is a Treaty designed to promote ever freer trade. Article 24 allows members of Gatt – now the WTO – to negotiate free trade agreements with each other that go further than the trade liberalisation and tariff reduction offered to all other members by the states concerned. The two states must not seek to raise barriers with others as a result of proposing a Free Trade Agreement between themselves. The aim “should be to facilitate trade between the constituent territories and not to raise barriers to the trade of other contracting parties with such countries”

The only requirement to gain GATT approval for having no tariffs on each other’s trade whilst in negotiation is that the two states or customs unions must agree ” a plan and a schedule for the foundation of such a free trade area within a reasonable length of time”.

[grahamite2] 21/6/2019 23:31

Whatever happens, or doesn't, with our exit from the EU the most remarkable thing might turn out to be a remade Conservative Party, a party that actually likes and listens to its members. It must be nearly thirty years since this was the case. Oddly, this coincided with a healthy parliamentary majority, broad popular support, healthy membership levels, home ownership being the norm and so on. Of course, if we don't leave the EU then that remade Conservative Party will actually be called The Brexit Party, but the beneficial effects will be much the same.

[maxk] 21/6/2019 23:12

The Guardian always tell the troof!

[inaminute] 21/6/2019 23:11

If he'd got a brain he would have thought it

[grahamite2] 21/6/2019 23:09

In Life of Brian John Cleese's character said, one total catastrophe like this is just the beginning! And one has to admit, remoaners never give up, however badly things are going for them.

The moment they lost the referendum they got to work on neutralizing it, starting with the brilliant but wholly fraudulent concept of hard/soft Brexit. Naturally their friends in the media ran that for all it was worth.

The latest disaster for them is that Boris has got to the final two, which more or less means he will be PM. And immediately the remoaners start trying to show Boris is unfit.

But it was a blunder to give the story about his domestic situation to The Guardian. Every member of the Party will immediately smell a rat. It won't do Boris a bit of harm.

[alphorn] 21/6/2019 22:20

Cheshire - opinions are our own and we are all entitled to them.
'Freedom' always reminds me of discussions with Rhodesians in the 70's. Everyone had their own hopes. Only hindsight (in time) will show what happens in reality.

[cheshire pete] 21/6/2019 22:14

Of course it will be costly, but what price freedom...priceless. Putting a time line on 'recovery' is pointless as no-one can be sure how it will unfold, just as it is difficult to tell how rapidly the benefits of free trade deals will feed through.

[alphorn] 21/6/2019 22:05

It appears that we agree on one thing - a no deal will be costly.
Even the ultra exiteers at any cost have said that at best it will take 10-20 years to recover.
I won't argue with you about that being a price worth paying - we each have our own views.

[cheshire pete] 21/6/2019 21:58

Sterling still sensitive to Brexit news seems to me. Weakens if probability of leave no deal 31/10/19 or GE increases and strengthens if probability of kicking the can, extension, revoking a50, peoples' vote, second referendum or any other of the remainer ploys increase.

Short term currency swings insignificant compared to the fundamental flaws of the EU imv.

[alphorn] 21/6/2019 21:53

That figures. The recent data points will show the opposite of what you believe that you see. Do you believe the closing price of lloyds btw in the chart above or do you believe that it is in reality a different price?

[cheshire pete] 21/6/2019 21:45

I don't follow the data points you mention, I don't need to as I can see things happening in the EU that I feel uneasy about, which is why I voted out.

[alphorn] 21/6/2019 21:41

Cheshire - if in your eyes the € is falling apart - hitting the 1.11's this afternoon, then what does make sterling???

[alphorn] 21/6/2019 21:39

Cheshire - obviously the answer to my question is...…………...No.

"The only variable is the EU in steady decline...…230;……"

Really Cheshire - do you follow the data points (eg this morning's) or some media rag?
Today's data points tell the opposite - but dream on and perhaps get 25 upticks.

[maxk] 21/6/2019 21:36

Neighbours with recording equipment .. ?

[cheshire pete] 21/6/2019 21:31

Alphorn: Financial crisis in Italy, riots in France, high youth unemployment in PIGS, poor control of borders to name but a few and we're supposed to feel relaxed about paying them £39 billion and staying part of the failed social experiment.

[cheshire pete] 21/6/2019 21:26

Sounds like he could do with moving somewhere else soon lol.

[minerve 2] 21/6/2019 21:21

Never had a row with my gf which smashed pots and loud screaming. Weird.

[maxk] 21/6/2019 21:16

Thanks polar.


looks like a set up.



Jay Harper 21 Jun 2019 9:15PM

IF Boris Johnson and his girlfriend had a row, so what?

The very fact that the "neighbour" decided to contact the Guardian tells us all about his/her agenda.

The nasty squad is out to get Boris and this is just the start.

[xxxxxy] 21/6/2019 21:16

Neighbours recording. Sick neighbours.

Sad voyeurs.

[minerve 2] 21/6/2019 21:15

Terrified

Lol

Eat him for breakfast.

[xxxxxy] 21/6/2019 21:14

Penny Chapman 21 Jun 2019 9:11PM

Tory party member here, still voting for Boris as I imagine are the majority of conservative members.

Any waverers will now realise the establisment are terrified of Boris and will do anything to stop him.