Lloyds Banking Share Discussion Threads

[gotnorolex] 28/10/2019 18:39

The modern theory of chaos is followed vehemently by Boris! He played rugby at Eton after all! Head butt your way into the scrum, get your ear bitten off, then look for a way out with the ball! WSY?

[alphorn] 28/10/2019 18:01

Poika - sometimes you should put your beliefs on one side and judge what you see. BoJo's behaviour speaks for itself; no matter what he says he is not someone that I would trust. You can have your opinion.

[optomistic] 28/10/2019 17:57

I see Labour MP Mr Mann has resigned the party to join the House of Lords an institution he has previously called for the abolition of...whatever! but I will still go for the money! LOL

[poikka] 28/10/2019 17:52

So if the LibLobs get their way and we have an election on the 9th December, there won't be enough time for the WAB to become law before Parliament has to be dissolved.

[poikka] 28/10/2019 17:48

Alps - "He still takes the opportunity to blame others."

Who should he blame for the WAB being blocked, Alps?

I must say that you come out with some very odd remarks for someone who prefers an orderly Bexit to Remain.

[alphorn] 28/10/2019 17:38

I see that BoJo has learnt some manners and has signed his acceptance letter to Tusk.

He still takes the opportunity to blame others.
GBP strengthens a tad.

[gotnorolex] 28/10/2019 16:57

Ashley owes Belgium €674m! Have you heard this guy on Huffington Post justify SportsDirect?
Spot another accounting error he has not put right in opensource Wikipedia!
"According to The Sunday Times Rich List in 2019, Ashley is worth £1.976 billion, a decrease of £461 million from the previous year.

[gotnorolex] 28/10/2019 16:48

LADESIDE "You've really got to feel for him"
Irony, but you should say "One day all union members will have one"!

[ladeside] 28/10/2019 16:42

I'm not a great fan of Ashley, however he's hit the nail right on the head with this,

Mike Ashley is convinced there's foul play afoot in the collapse of many recent companies, and he thinks their accounts were rotten.

Part of that is the assets held as intangible or goodwill. Often, these were suddenly found to be worthless shortly before companies went under.

"Holding onto irrecoverable, and indeed worthless intangible assets for years allowed Debenhams to carry on paying ludicrous levels of dividends (despite, as we mentioned to you, as the largest shareholder being very insistent that they reinvest the money in the business and not pay dividends) which absolutely contributed to its downfall and which was no doubt lead by its advisors, Thomas Cook had similar issues it appears with intangible assets not written down and dividends paid out," he writes in his letter to MPs.

Ashley being Ashley, ends his plea on a less-than-conciliatory note: "We believe many politicians are more interested in furthering their own careers."

[ladeside] 28/10/2019 16:38

The wildfire is threatening LA's affluent Brentwood neighbourhood and a local resident told the LA Times he was debating whether or not to leave, and which car of his two cars should be left behind.

"I have to figure out what I'm going to do with my Ferrari," the 47-year-old man said.


You've really got to feel for him......................

[waldron] 28/10/2019 15:50

Lloyds Banking Group PLC ORD LLOY UBS Buy 65.00 - Unchanged

[jordaggy] 28/10/2019 15:48

Gloomberg:

Boris Johnson’s failure to lead Britain out of the European Union as promised on Oct. 31 leaves his country facing an even bigger crunch moment next year.

Even if he can eventually deliver Brexit, the U.K. prime minister will have less room for maneuver as he confronts a familiar dilemma: How to sever trade ties with the EU after four decades of membership without triggering massive disruption to British business and the economy.

Monday’s decision to delay Britain’s departure by as long as three months means the country will have very little time to negotiate a free-trade agreement with the EU before the end of 2020, when the planned transition period smoothing the U.K.’s withdrawal is due to end.

Under the terms of Johnson’s deal, Britain will have to decide in June whether to request a maximum two-year extension to its grace period. If the U.K. refused to do so, it could still crash out without a trade agreement unless the two sides could wrap one up in just six months.

That negotiation promises to be one of the most complex either side has ever undertaken as they unpick 50 years of trade policy. Previous EU commercial accords have taken several years to reach. It took the bloc five years to strike market-opening accords with Japan and Canada and 20 to get a deal with the Mercosur group of Argentina, Brazil, Paraguay and Uruguay.

Testing Britain’s Patience
Previous trade deals have taken years to conclude


Note: EU-Mercosur is still only a draft accord requiring formal approval

While the elimination of tariffs featured prominently in those accords, EU-U.K. talks would aim to maintain the continuation of duty-free trade across the Channel while focusing on a much trickier matter: the future alignment of British regulatory standards with those of the bloc.

This is a very politically sensitive issue in the EU, where concerns are widespread that the U.K. intends to become a deregulated “Singapore-on-Thames” capable of undercutting European environmental, social and other norms. Johnson did nothing to ease these concerns by moving his predecessor’s commitments in this area out of the Withdrawal Agreement and into the non-binding Political Declaration on future EU-U.K. ties.

By their nature, the negotiations on a free-trade agreement between the EU and Britain will be more complicated than Brexit by involving not just the defensive interests of the bloc’s 27 remaining member countries but also their offensive goals. These range from Spain’s desire for access to U.K. fishing waters to France’s eye on dairy-export markets.

As with the two years of negotiations over the Brexit deal, the EU27 will have plenty of leverage when it comes to the negotiations on a trade accord -- but the U.K. won’t have the luxury of time.

[wendsworth] 28/10/2019 15:45

What's the point of this BB ? No mention of Lloyds ..probably 'cause there's little reason to buy the shares just yet?

[gotnorolex] 28/10/2019 15:29

I can vouch for that mr.elbee, every dirt road and bungalow in the military cantonment was surrounded by a monsoon drain where King Cobra's would seek shelter from the heat and dust on fahrenheit days!
Another World another Life!

[gotnorolex] 28/10/2019 15:14

This is after all the Ditch Water Fox!
Where are all the doubters that said he won't get his Brexit bill through moribund Parliament?

[mr.elbee] 28/10/2019 15:11

If any of you chaps have been to SE Asia I am sure you would agree that a Monsoon drain is the most suitable.

[lorian121] 28/10/2019 14:59

Ditch of his own making I think Maxk

[m4rtinu] 28/10/2019 14:59

Dr B. I use IWEB too. It is as "gaffer" says. £5 a trade. It is part of Halifax.

[maxk] 28/10/2019 14:55

Have they found a suitable ditch yet?