Lloyds Banking Share Discussion Threads

[diku] 26/11/2019 09:27

Anybody think market volatility will start to rise end of this week and into next week?...

[alphorn] 26/11/2019 09:23

'Thou shall not be found out'. ;)

[gotnorolex] 26/11/2019 09:22

Alp....11th Render unto Caesar?

[alphorn] 26/11/2019 09:07

k38 - really? You might want to check that out with your friendly HMRC.
11th Commandment stuff.

[k38] 26/11/2019 09:04

No Alp.They can't tax properties abroad. Labour will tax everyone in UK who owns a second home, a holidays home or rent properties...they must tax cats and dogs if they want to keep their promises. Under labour people will be poorer and will be left with a bankrupt country.

[xxxxxy] 26/11/2019 08:54

Better off out

By JOHNREDWOOD | Published: NOVEMBER 26, 2019

I have always believed and argued that we can be better off economically once we leave the EU. As long as we have the right budget and follow pro growth policies on exit, the UK economy can speed up a bit from its current levels.

Whenever I argue this case the Remain establishment point to past official forecasts saying we will grow more slowly when we leave and ask who am I to gainsay such work. Let me remind you that I have disagreed with official forecasts on three main occasions in the past, and in each case have been right.

The first was the UK joining the European Exchange Rate Mechanism. The official forecasts said it would deliver lower inflation and steady growth. They dared call it a “golden scenario”! I said it would be destabilising, causing boom and bust. So it proved, bringing about a nasty recession.

The second was the banking crash. I with many others including the Opposition parties in Parliament warned against the excessive debts built up in both the private and public sectors in the UK under Labour from 2005-7. I went on to warn against the actions of government and Central Bank to tighten conditions too drastically in 2008-9 which were bound to undermine the banks and cause a recession. The official forecasts denied there would be a recession until its onset and said the banks had to be taught a lesson. We ended up with a big recession.

The third was during the UK referendum when the government issued official short term forecasts for the impact of a vote to leave. These said that in the two years after a Leave vote there would be a recession.unemployment would go up sharply and house prices would tumble. I said none of these things would happen. None of them did happen. Employment continued to grow, house prices showed small gains and the economy continued to grow.

Tomorrow I will examine why and how I think we can speed up our growth a bit once we leave the EU. We will have the policy flexibility to promote growth by monetary and fiscal action.

[alphorn] 26/11/2019 08:43

k38 #896. That would include all overseas properties.

[diku] 26/11/2019 08:36

From the media...system gone into mockery mode...




Conservative grandee Michael Heseltine has urged life-long Tory voters to oppose Boris Johnson and back Liberal Democrat or independent MPs in the upcoming election.

The former deputy prime minister said Mr Johnson was selling voters a “grand delusion” that he could deliver Brexit by the end of January.

Lord Heseltine lost the Tory whip earlier this year for saying he would “experiment221; with backing the Liberal Democrats in the European Parliament elections after 68 years in the Conservative Party.

Appearing at a panel event alongside expelled Tories Dominic Grieve, Anne Milton and David Gauke, the peer urged lifelong Conservative voters to abandon the party at the ballot box.

[kkclimber56] 26/11/2019 08:25

I agree. Every time he opens his mouth he wins over a few more votes for the tories.

[m5] 26/11/2019 07:43

Blair does have influence. I hope he keeps talking. :-)

[k38] 25/11/2019 23:30

Blair had not right to involve but he, somehow think he can influence the voters yet...The "blood on his hands" said he will vote for labour but he DOESN'T TRUST Jeremy Corbyn...lol

[cheshire pete] 25/11/2019 23:16

If you're nice to him/her you might get a good reference lol.

[k38] 25/11/2019 23:12

M2I am sorry if you had or still have problems with your landlord but you are wrong as always.

[minerve 2] 25/11/2019 23:05

Cheshire

I wouldn't get excited over your chump change. I've made real money.

[k38] 25/11/2019 23:05

M2My advice to you is this.. if you have problems with your landlord report him or her even take him/her to court and move out if you have no other choice. Not all landlords are bad-stards you know....it's a small % and they need to learn a lesson or two.

[diku] 25/11/2019 23:01

From the media...the man has spoken...




Tories and Labour both ‘peddling fantasies’, says Blair

Tony Blair, the former prime minister and the last Labour leader to win a general election, has given a withering assessment of both main parties in his first significant intervention of the campaign. Describing British politics as chaotic, crazy and “utterly dysfunctional”, he said that both main parties were “peddling fantasies”, and that he did not want either of them to form a majority government. He was particularly critical of Boris Johnson, saying that he had no chance of negotiating a Canada-style trade deal with the EU before the end of next year and that if Johnson was telling the truth about not being willing to extend the Brexit transition (admittedly, quite a big if, given Johnson’s record when it comes to Brexit extensions), then a no-deal Brexit was the “probable outcome”. Blair said:

[grahamite2] 25/11/2019 22:54

Boris Johnson's 'diplomatic amateurism' will lead to a no-deal Brexit, warns ex-ambassador Sir Ivan Rogers

Sounds good to me!