Lloyds Banking Share Discussion Threads

[mr.elbee] 27/6/2019 12:48

Th EU will cause the next war.

[adrian j boris] 27/6/2019 12:45

some say no more than a tooth filling, others say a small stats error

[maxidi] 27/6/2019 12:44

Merkel looks in very bad health this morning. Shame! :o)

[montyhedge] 27/6/2019 12:13

Back to test 50p support level coming weeks.

[likeawalrus] 27/6/2019 11:51

"Every body is making money out of the banks....yes?"

someone is but it sure as hell isn't me. Let's hope the H1 results are better than expected!

[xxxxxy] 27/6/2019 11:40

Boris for PM

LEAVE and WTO

And save 39 billion for the British People

[xxxxxy] 27/6/2019 11:39

J Ward 27 Jun 2019 8:48AM

I sincerely hope that we are starting talks with the Swiss immediately as how to mutually deal with the EU. The Swiss can exempt the London Stock Exchange from its ban on dealing in Swiss shares by EU countries for a start.

Our politicians and civil service are too thick to have spotted this one I'm afraid.

The EU will not change and it's belief that more integration, not less, is the answer. It may suit Germany and France but it doesn't suit the majority of the other 25 countries so much. The EU is ever more intransigent and dictatorial and unpleasant (and undemocratic).

[alphorn] 27/6/2019 11:33

WBecki's last sentence says it all.

If so worried about that amount then why take a course of action that is most likely to hit GDP even more?

Like many of his posts they don't make sense.

[crossing_the_rubicon] 27/6/2019 11:30

GotNO
"39bn is no more than a tooth filling!"

£39bn is 1.4x the current Annual Budget deficit.
£39bn is MORE than the total Police budget
£39bn is more then the total Defence Budget last time I looked.

So, no, £39bn isnt no more than a tooths filling you'll find.

It's profligacy and wastefulness such as yours(as evidenced by your comment) that has got us in the financial pickle we are in.

At least we "nearly" have Annual budgets under control - they're still in the red tho.

National Debt(On balance sheet) has soared and continues to rise every year.

That's before we add in the PFI/Off Balance sheet stuff Gordo Broone signed us up to.

We cant afford the attitude of it's only £39bn, a small %% of GDP any longer.

[alphorn] 27/6/2019 11:19

Some good posts this morning. I agree with Minerve on #924. The introduction of the Libra could have significant impacts on the banking sector and the reserve banks. That is why it will draw so much scrutiny from the authorities. (Some stuff as well on my Crypto thread).

[minerve 2] 27/6/2019 11:17

Good post LADESIDE

Some recognition of what you state is happening would be nice. They will never admit their ideology is failing them.

[gotnorolex] 27/6/2019 11:10

BORIS is BEST BEST at Court Jesting!

[smartypants] 27/6/2019 10:57

What a Scam....?
Fallen more than a full penny in an hour and an arf..
1% up to 1% down..a 2% swing
Hey...just buy more
Who knows, in 6 months time you might get 2p back of your own money in divs..divs!

But at least you got a good half hours heads up, that Barc and RBS might follow suit, and had chance to short the hell out of those two too.
Every body is making money out of the banks....yes?

[xxxxxy] 27/6/2019 10:45

And Boris for PM

BORIS BORIS BORIS
BORIS BORIS BORIS
BORIS BORIS BORIS

BORIS is BEST BEST BEST

[xxxxxy] 27/6/2019 10:43

One of the most provocative refrains in the extended Brexit row is “people didn’t know what they were voting for”. I run a political intelligence agency that is briefed by officials on both sides of the Channel and, while our clients know what’s what, I fear it’s too often it’s the politicians who are in the dark. For example, here are three key factors that seem to be misunderstood in parts of Westminster: first, even if we revoked Article 50, the EU27 would not allow the UK to resume full membership; second, close alignment with the EU is likely to become less attractive, not more; and third, No Deal would not be as disruptive as some people fear – but the UK would have to pay through the nose for that. On the absence of any prospect of resuming full membership, it’s important to understand what the EU27 wants to achieve out of the Brexit process. The EU27’s primary objective is to retain regulatory influence with a UK government that makes ongoing financial contributions to institutions in which it has limited voting rights. That’s the basis of the draft Withdrawal Agreement. The Commission and the most influential Member States want to pursue a more integrationist agenda for themselves, involving greater use of Qualified Majority Voting, a joint eurozone budget and a pan-EU fiscal, industrial and social policy. Despite claims that the UK is still a full participating member of the EU until the day we leave, the EU27 can already take decisions without the UK regarding all areas of policy-making, budgets and appointments – and they do. Even if the UK were to ask to stay on as a Member State, it would not be allowed to resume its veto over a project that is picking up pace. In fact, some Member States see the prospect of the UK adopting de facto EU membership minus voting rights as a potential future model for other third countries that want to associate with the EU. They want that model to become semi-permanent and more widely used. We also need to understand that close alignment with the EU is likely to become less attractive for the UK over time, not more so. Many EU27 national governments believe it is only a matter of months before the bloc suffers a significant economic downturn – with all eyes currently on Italy and the risk that it sets off a domino effect caused by a toxic combination of bad debts, weak financial instruments and cross-border institutional exposure. Economically, it is not possible to pull up the drawbridge and immunise the UK economy from continental problems (and, arguably, we may be better off trying to get involved to limit the damage). But politically, it will become a much harder ‘sell’ to persuade voters that the UK should be permanently aligned with the EU – it could be like trying to convince people to rent a room in a house that’s already on fire. So, what would happen if the Government goes the other way and the UK makes a ‘clean break’ with the EU27 this year? The answer, in many ways, is not much. In the event of ‘No Deal’, the Commission expects Member States would act bilaterally to counter some potential economic shocks. Indeed, legislation has already been passed in a string of EU countries – including Germany, France, Holland, Italy, Spain and even Ireland – to do exactly that. Moreover, the Commission would be unable to obstruct or censure these bilateral actions as, in the Commission’s own words, they would be taken under “the derogation provided in existing legislation”. In most other areas, the Commission itself would preserve status quo arrangements – and even try to use those measures to expand its own remit through the use of emergency ‘Implementing Acts’. There is a catch, though. In fact, three of them. Mitigation measures would only have a temporary legal basis, with the Commission setting the limit for most no-deal programmes at between six and twelve months. The Commission would also try to focus any disruption on specific and contained areas to create incentives for the UK to reopen talks based on the Withdrawal Agreement – the Commission doesn’t want to mitigate all risk, but to be able to decide where that risk should be borne. And, most significantly, the UK would be made to pay an extraordinary amount of money to the EU27 ‘in return’ for those mitigation measures – even though a direct link between the two would never be made. The Government could expect its third-party contributions to various EU programmes (especially those concerning development objectives and research) to go through the roof – and Parliament wouldn’t have much chance to stop it. Whatever happens this autumn, negotiations between the UK and EU27 will continue. Brexit is a process, not an event. But I’m reminded of the Military Intelligence Corps motto that I served under years ago: ‘Manui Dat Cognitio Vires’ or ‘Knowledge gives strength to the arm’. All of our political leaders must make sure they have a true knowledge of the Brexit situation, or else they risk missing the whole picture – and they would be considerably weaker for that.


Brexit Central

[ladeside] 27/6/2019 10:37

There's no coincidence that our Tory leadership hopefuls are both targeting the lowering of Corporation tax and the higher rate of personal tax as ultimately they're slaves to their rich foreign masters.

The UK is a shambles and the Government are not willing to see it, all they do is troop out another sound bite such as,

"We're taking more people out of poverty", eh, No you're not.

"This Government has increased the education budget", eh, No you've not.

"We have invested heavily in our transport infrastructure", Seriously ?, Have you seen the state of the roads ??

The reality is that every single policy is designed to further enhance the wealth of the richest in our society while they turn a blind eye to the plight of the homeless, the working poor, those with mental health issues, the elderly who require support etc, etc, etc.

Even now when our country is a shambles and the public purse is empty they want to further reduce corporation tax when we already have the lowest in the developed world.

Who benefits from this ? Is it the people ?

Is it Hell !!, the "drip down" economic model has been a proven failure and all it does is provide people like Philip Green with an new super yacht or Zuckerburg with an extra zero or two on his Bank balance, meanwhile the rest of us suffer.

Banana republic is what they want and most certainly is what they will get, however you can rest assured that those who are pushing for this will be well looked after with a nice little board or "advisory" position here or there.

It makes me sick and how the rest of you can't see it all for what it is and it not only surprises me but seriously concerns me and that's exactly why this country is going right down the tubes...........

[sarkasm] 27/6/2019 10:34

Crossing_the_Rubicon
27 Jun '19 - 10:12 - 262935 of 262942
0 0 0
Sarkasm,

No mention of UK's share of assets in all that.

After paying in £500bn gross, £270-290bn NET over 43 years what about our assets?

We want those monetised at FMV and the money repaid to UK.L


LOL

APART FROM ASSETS IN UK set off by liabilities together with depreciation and amortization.

I guess most of the net assets are in poland,italy,greece and those eastern or ex soviet countries


i suggest you request a copy of the rehashed balance sheet with a valuation of the shareholding of EU.SA


Also a list of potential penalties and fines through breaking a contract

[minerve 2] 27/6/2019 10:21

I like how the idiots are arguing over £39bn when they haven't thought about how that £39bn is going to be earned.

Funny how CTR is concerned about assets when right under his nose UK assets are going to foreigners ALL THE TIME!

Do you know arabs own some of our ports CTR?

Do you know that, the Duke of Westminster aside, most of wealthy London has a high percentage of Russians, Greeks, Chinese etc.?

Water infrastructure is owned by Arabs, Canadians and Norwegians,
Nuclear going French/Sino

And he is worried about roads in Malta that were relaid using our contributions!

ROFLMAO!

[bbalanjones] 27/6/2019 10:20

Meanwhile . . . . down on the Tory Turkey Shed . . . .

Jeremy Hunt's tax plans 'could cost up to £65bn'

. . . . . . . .AND

Boris Johnson's tax policies: what would they cost and who would benefit?



Both have of course invented the Tory Party version of "The Magic Money Tree"

Claiming that their Tree has valid fiscal wealth rules going back to legalised

Slavery.

Chorus . . . " Christmas? Bring it ON "

[crossing_the_rubicon] 27/6/2019 10:15

@GotNO

"Boris believers think they can get out scot-free!"

We don't actually.

We just dont believe £39bn is a fair representation of what is owed and we also note that there is no mention of our share of the assets our 43 years (and counting) net contributions to the EU have bought.

Where are they?

[minerve 2] 27/6/2019 10:15

LADESIDE

I agree. It seems more trouble is inevitable.

[mikemichael2] 27/6/2019 10:14

Failed miserably with that didn't you, i'm supersized as you are the best at everything.

I'm filling up!!!