Lloyds Banking Share Discussion Threads

[m5] 05/12/2019 12:48

Oh dear you are a bore sometimes Min. I think you need to look at that second paragraph of yours as you are one of the most prolific posters on here talking about that very subject. PMSL. Only a Millionaire, never mind, there is always the Lottery :-)
Anyway its cold, so off to light my fire with some £50.00 notes I have found lying around, LOL.

Anyway I have you down as late 30's maybe early 40's, I can spot them a mile off. :-)

[minerve 2] 05/12/2019 12:30

m5

My age is irrelevant but I have more wisdom and intelligence than the collective of about 8 of you on here.

[maxk] 05/12/2019 12:28

As old as that?

[alphorn] 05/12/2019 12:09

UK new car registrations dropped 1.3 percent from a year earlier to 156,621 units in November 2019, as multiple factors, including weak business and consumer confidence, economic uncertainty, etc. No surprise.

[m5] 05/12/2019 12:07

Min2, how old are you then 25? :-)

[cheshire pete] 05/12/2019 12:06

No problem Alphorn, enjoy your posts too even though don't agree with all. Wouldn't do for all to think same.

[minerve 2] 05/12/2019 12:05

cheshire

One day you might realise it is our own government that stops in the way of industry.

Perhaps it is too late though, reality is wasted on you. ;)

[minerve 2] 05/12/2019 12:03

Funny and depressing both at the same time!

They say comedy and tragedy draw a close line.

[cheshire pete] 05/12/2019 12:02

Grow our own Minerve.

Doesn't matter what you look like where I go, very tolerant of each other all shapes and sizes. VO2 max is what counts.

No-one with half a brain likes getting ripped off or see our industries migrating to EU land with the help of EU subsidies.

[alphorn] 05/12/2019 12:01

cheshire - it is great to have people with your views about. Thank you. Lol

[mr.elbee] 05/12/2019 11:58

yes,m5,as bad as the clueless FSA staffed with crawlers.

[minerve 2] 05/12/2019 11:56

cheshire

You old farts will be the first ones to complain on the increase of a punnet of strawberries.

I bet you like right funny down the gym. 60/70 year old pretending to be 20.

Make sure they have a CPR kit nearby. ;)

You can try and keep and fit as you like but cancer will hit big time at some point and you best hope the NHS can care for you better than they can today. Fact chance of that with Boris and Trump plans. ;)

I understand the value of the EU. You only understand the price we pay.


If money isn't the issue then why complain of our EU funding?


Brexiter hypocrisy strikes again!

[grahamite2] 05/12/2019 11:19

#284958 "The new annual rate comes in response to tough new rules from regulators designed to protect consumers."

Like hell it's designed to protect consumers. It's actually designed to make the waste of space FCA look like it's doing something.

How does a 40% rate "protect consumers"? Why shouldn't banks charge higher prices for unarranged overdrafts than for arranged overdrafts? How is a £5 daily fee for an unarranged overdraft not "transparent"?

I'd like to see the FCA abolished, along with the Advertising Standards Authority and a whole lot of other useless quangos.

[bbalanjones] 05/12/2019 11:00

5x: Redwood is a liar. The decline and sell-off of British Industry predates our joining the Common Market.

[bbalanjones] 05/12/2019 10:57

A sign of things to come?

HSBC is to bring in a single overdraft rate of 39.9% for UK customers from March 2020, as much as quadrupling the rate it charges some customers.

[xxxxxy] 05/12/2019 10:54

How joining the EU led to a big decline in UK industry
By JOHNREDWOOD | Published: JUNE 16, 2016
There are also crucial issues to understand about how the asymmetric single market did damage to Uk industry. When we joined the EEC, now the EU, in 1973, more barriers to trade had been pulled down in manufacturing than in services. EU rules were often such that UK industry was badly damaged by the shock of joining and the continued shock of staying in as the rules increased and tightened.
When the UK joined the EU we had a 45 million tonnes a year steel industry. Today we are battling to save an 11 million tonnes industry.
When we joined the EU we had a 400,000 tonnes a year aluminium industry. Today we have just 43,000 tonnes of capacity left.
When we joined the EU we had 20 million tonnes of cement capacity. Today we have 12 million tonnes.
Just before we joined the EEC in 1971 we had a 1 million tonnes a year fishing industry. Today we have 600,000 tonnes.
The October 2013 government “Future of Manufacturingâ€;� Report shows that between 1951 and 1973 metals output rose 3% a year. Since joining the EEC/EU it has declined by more than 6%
Between 1951 and 1973 food and drink output rose by 5.6% per year. Since joining the EEC/EU it has fallen by 1% a year.
Between 1951 and 1973 textiles output expanded at 2.6% a year. Since joining the EEC/EU it has fallen by more than 6% a year.
Whilst it may not be fair to blame all this decline on membership of the EU, as there are other factors, it nonetheless shows categorically that joining the EU and helping create the so called single market has not helped us grow and has not saved many of our industries from decline.
In some cases EU policies are the main driver of the disaster. The Common Fishing Policy is clearly the main reason for the dreadful decline of our fishing industry, as many foreign vessels were licenced to take our fish. Our energy intensive businesses were often damaged by the high energy prices required by the EU common energy policy.
The EU has prevented UK subsidy of industry under its state aids rules, but has often provided subsidised loans and grants to businesses to set up elsewhere in the EU. The UK has seen a spate of factory closures balanced by new and expanded facilities in poorer EU countries. The UK lost van production to Turkey, car capacity to Slovakia, chocolate to Poland, domestic appliances to the Netherlands and the Czech Republic and metal containers to Poland amongst others in recent years. In various cases there was an EU grant or loan involved in the new capacity.
Looking at our huge balance of payments deficit today in goods with the rest of the EU, we can see the long term impact of the EU’s damage to our manufacturing capacity.
This April’s balance of payments figures show us in heavy deficit in machinery, vehicles, electrical machinery, mineral fuels, plastics, iron and steel, wood and clothing. Last year our total goods trade deficit hit £85 billion with the rest of the EU. Between 2008 and 2015 our exports grew at 5% with the rest of the world, whilst falling with the EU.
Perhaps remain might like to answer the following questions:
Why have we suffered industrial decline and closures with production shifting elsewhere in Europe since joining the EEC?
Why do trade in surplus with the rest of the world but have such a huge deficit with the EU?
Why have we ended up importing fish, electricity, steel and much else when we used to self sufficient?

[bbalanjones] 05/12/2019 10:53

CP: "Unable to make our own Laws . . ."

What a load of twaddle. In or out of the EU we will still have our own 650 Parliamentarians playing their tricks on the rest of us. Leeches.

[grahamite2] 05/12/2019 10:50

Any solution needs politicians to stop protecting existing homeowners and landlords and instead be honest that some will lose out from the new settlement.

In what way are they "protected"?

[xxxxxy] 05/12/2019 10:50

It may not be perfect. But an independent sovereign Brexit must be secured.
FARAGE is BRILLIANT. And we owe him. I salute him.

But now BACK BORIS.

LEAVE and WTO

[xxxxxy] 05/12/2019 10:49

Let's get out of the foul EUSSR.
Vote for BREXIT.

Mostly Con and Brexit Party.

LEAVE and WTO

[cheshire pete] 05/12/2019 10:48

"....but you are going to have to reach deeper into your pocket for it."

there you go again Minerve, typical remainer - money all that matters. Cost of everything value of nothing. Were it not for your multi million business success you could be taken for an accountant or economist lol.

Enough now, off for some 'life extension studies' (hopefully) aka going to gym.

[grahamite2] 05/12/2019 10:45

A lot of people regarded remain as the cautious option, the steady as she goes option, the if it ain't broke don't fix it option. That's why a lot more women than men voted remain.

But as cheshire pete points out, in reality there is no such cautious option. Both remain and leave involve massive change. The EU of the future will be very different from what it is now, and even worse.

Boris is our last hope.