Lloyds Banking Share Discussion Threads

[poikka] 06/7/2019 20:57

jacko 920 - brilliant, but she went on a tad too long, IMO.

[bargainbob] 06/7/2019 20:51

Maxk , great guy as well and his dug friendly too.

You know l'am an EFTA man .

Over the last few years Exlogiclad tried to paint independence movement for Scotland was finished. I think you all know differently now how wrong he was .
The rumours that caused the current Union love in with Mays visit , are a government poll has inpendence in various regions returning anything between 52 and 76 percent.
I do say rumours , as the government have put a D notice on the polls.

[xxxxxy] 06/7/2019 20:48

Trading under WTO rules

By JOHNREDWOOD | Published: JANUARY 10, 2019

There is a lot of confusion and deliberate misinformation about trading under the WTO. Here are some facts that might help.

1. All our current trade is under the WTO, as the EU is a member. The UK will become a full member with vote and voice as soon as we leave the EU, as we never surrendered our membership when we joined the EU.
2. There is no WTO schedule of tariffs that automatically comes in. Each member of the WTO files its own tariff schedule and trades with anyone under that who wish to trade. The WTO requires a member to trade with any other member on the same terms, unless there is an approved Free Trade Agreement that exempts the countries from the common tariff of the Schedules. A country is always free unilaterally to cut or remove tariffs.
3. If a country’s trading terms are disputed by another member there is a dispute resolution procedure. A dispute does not stop trading under the published terms whilst the dispute is being resolved.
4. The EU does not have Free Trade Agreements with the USA, China, Brazil etc so we trade successfully with them at the moment under WTO rules and under the tariff schedule set by the EU. Once out we can sign Free Trade deals with these countries removing these tariffs, or could cut some of the tariffs unilaterally any time we wanted to make imports cheaper.
5. The so called side deals the EU has with these countries are mainly unimportant or unrelated to trade. Some are multilateral agreements that the UK has signed anyway.
6.The one agreement we currently have through the EU that may be important, the General Procurement Agreement, gives us access to public procurement opportunities in signatory states, and gives them the same access to the UK. The WTO has now agreed the UK will be a member of that Agreement in our own right on departure from the EU.
7. The EU has free trade agreements with a number of mainly smaller countries. The top five, Switzerland, Canada, Korea, Norway and Turkey account for three quarters of the exports involved. Switzerland, for example, has agreed to continue all current preferences with the UK as well as with the rest of the EU on our exit. No country with an FTA with the EU has indicated any wish to terminate the agreement with the UK once we leave. Transferring the current deal to both the remaining EU and to the UK is a relatively straightforward process.
8. The WTO does not require us to impose new checks at borders or delay imports into the UK. They recommend risk based checks. As the risks of EU product will not go up the day we leave the EU there is no requirement to impose new difficult checks.
9. If the UK and the EU agree to negotiate a free trade agreement once the UK has left the EU on March 29 this year, we could agree to impose no tariffs on each other and would get WTO consent to not impose them pending the negotiation of a full free trade agreement.

Peter Lilley has published a good pamphlet with Global Britain and Labour Leave setting out more detail called “30 Truths about leaving on WTO terms”

[xxxxxy] 06/7/2019 20:46

Nathan John 6 Jul 2019 1:27PM

You seem to be confused about what no deal means.

It doesnt mean we won't trade with the EU, it just means we will trade with WTO tariffs, which is not that big a deal considering the tariffs are a similar amount to what our annual membership fee is.

And that doesn't equate the bonuses to the economy we pick up by de regulating the strangled economy and signing new FTA with other countries.



We abide by EU regulations on 100% of our economy, when only 8% and falling comes from EU trade, why would you hold back 92% for the sake of 8%? Its insane, unless you are a beneficiary of the 8%.



No Deal is the best outcome.

[maxk] 06/7/2019 20:41

Alp, re: #263916


You are spot on there! Rules and guidelines enhanced, gold plated and policed by enthusiastic home grown bean counters, whilst other countries take a more relaxed attitude. Mea culpa.


bob

Your take is valid to a point. But where exactly are you going to go with your new found independence? €uroland per chance? If so, you know the price. Are you willing to pay it?

btw, that ginger dug site does great rant, keep posting it.

[jacko07] 06/7/2019 20:13

Here is a little clip of your dreamgirl Minnie..Enjoy!!

[bargainbob] 06/7/2019 19:40

Diku ,

What Chesire not called Pete ?

[bargainbob] 06/7/2019 19:39

Maxk , without the Scottish resources , there simply cannot be a Brexit that you dream off .

I know you all find that hard to grasp.

[diku] 06/7/2019 19:28

How do we know they really living abroad...they say we believe...not really..



Poikka6 Jul '19 - 18:40 - 263906 of 263916
0 0 0
Anyone else noticed how many pompous stuffed shirts, critical of the UK and Brexit, on this site are living abroad?

[alphorn] 06/7/2019 19:11

Max - as an observation from my career I have found that many business 'rules' are home grown. Even as retired and living much of the time in France it is astounding how there must be teams in Westminster making up additional rules. You need go no further than health and safety.
There was some discussion on the topic pre 2016 on one of the threads and it was generally accepted that this was the case. Today, of course, it would be pointless having the discussion, with arch Exiteers running the threads.

[xxxxxy] 06/7/2019 19:05

Germany is a DUMP

EUSSR is a DUMP

LEAVE and WTO

[xxxxxy] 06/7/2019 19:03

Boris for PM

LEAVE and WTO

Otherwise Farage for PM

LEAVE LEAVE LEAVE

[xxxxxy] 06/7/2019 19:02

BrexitCentral

July 5, 201

Brexit Secretary Steve Barclay warns Tory leadership hopefuls that no-deal plans must be 'turbo-charged': Brexit News for Friday

BREXIT SECRETARY STEVE BARCLAY WARNS TORY LEADERSHIP HOPEFULS THAT NO-DEAL PLANS MUST BE ‘TURBO-CHARGED’… Britain’s next prime minister must “turbo-charge” preparations for a no deal Brexit, the Cabinet minister in charge of planning the UK’s departure from the EU has told the Daily Express. In an urgent plea to Tory leadership rivals Boris Johnson and Jeremy Hunt, EU Exit Secretary Stephen Barclay warned that the chances of the country quitting the bloc without a deal are far higher than expected by businesses. He called on the contenders for Downing Street to be ready to “seize the opportunities” of a no deal Brexit this autumn to build new trade links with emerging markets around the world. And taking a swipe at Chancellor Philip Hammond, the Brexiteer Cabinet dismissed Treasury forecasts that quitting the EU without a deal could cost the economy £90billion were neither “accurate̶1; nor “neutral”;. – Express

[maxk] 06/7/2019 18:53

re: #263906


Yes, but they are entitled to their delusions.

[poikka] 06/7/2019 18:53

That looks much better.

[poikka] 06/7/2019 18:51

Alphorn - "This is why I have Poika filtered..etc"

Sooper. Actually, you're probably right to use the filter. I think that I've only got two on filter, but I really should use it more often. There's no point in me getting annoyed with those bent on demonstrating their undemocratic credentials. Room 101 for a few more, then.

[poikka] 06/7/2019 18:42

xxxxy - "German manufacturing orders

Manufacturing orders in Germany continue to fall"

Hmmm, and that's with the benefit of the long-held favourable exchange rate they secured.

[maxk] 06/7/2019 18:42

graham.

That article (889) perhaps wasnt attractive, but it should be.

quote:

Boris Johnson promises to prioritise the UK's integrity over Brexit, saying: 'The Union must come first'


Alarm bells ringing very loudly.

[poikka] 06/7/2019 18:40

Anyone else noticed how many pompous stuffed shirts, critical of the UK and Brexit, on this site are living abroad?

[poikka] 06/7/2019 18:39

Didn't take long to catch Ariane out.

Ariane referring not to me, btw - "YOU BIG HEAD SEEM TO POST THR SAME STUFF 3 OR 4 TIMES A DAY, 7 DAYS A WEEK"

Nice, I like a bit of style :))

[xxxxxy] 06/7/2019 18:32

BREXIT FACTS4EU.ORG SUMMARY

German manufacturing orders

Manufacturing orders in Germany continue to fall
Orders in May fell by -8.6% on the same month a year earlier
They have fallen by over 11% in the last 18 months
“The Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had decreased in May 2019 a seasonally and calendar adjusted 2.2% on the previous month.”
- Destatis, Wiesbaden, Fri 05 Jul 2019

[alphorn] 06/7/2019 18:31

Cheshire - you mentioned before your investment strategy which seemed very sensible to me. I did mention that you could turn your hedges (foreign earners) into real gains if you tweaked a bit.

[xxxxxy] 06/7/2019 18:29

GilesB
Posted July 6, 2019 at 5:19 am | Permalink

Ursula Von Der Leyden is also a strong supporter of an EU Army and a United States of Europe. She is on record as saying that ‘A European Army is being formed’. Were all the Remainers who claimed an EU Army would never happen liars or naive?

Reply
Ian Wragg
Posted July 6, 2019 at 7:14 am | Permalink

German army using brooms as rifles. 100% of German submarines Incapable of going to sea due to lack of funds.
80% of German aircraft unservicible due to lack of spares.
Of course she wants an EU defence force so they can buy German arms denied their own forces.
As for the rest of the corrupt non entities, words fail me.