Lloyds Banking Share Discussion Threads

[stonedyou] 10/1/2020 10:41

Brexit: MPs give final backing to Withdrawal Agreement Bill



MPs have given their final backing to the bill that will implement the UK government's Brexit deal.

The Commons voted 330 to 231 in favour of the Withdrawal Agreement Bill and it will now pass to the House of Lords for further scrutiny next week.

If peers choose to amend it will it come back before MPs.

The bill covers "divorce" payments to the EU, citizens' rights, customs arrangements for Northern Ireland and the planned 11-month transition period.

The UK is due to leave the EU on 31 January.




The bill comfortably cleared its third reading in the House of Commons, as expected, with a majority of 99. All 330 votes in favour were Conservative.

It took just three days for the bill to pass the remaining stages in the Commons, after MPs gave their initial approval to the legislation before the Christmas recess.

Theresa May - Boris Johnson's predecessor in Downing Street - repeatedly failed to get her Brexit agreement passed by MPs, which led to her resignation as prime
minister.

[pierre oreilly] 10/1/2020 10:40

imv, the selling of just about any fund/pension is legalised theft. The problem isthat 10 years down the line someone decides it's illegal theft.

I find it amazing how so many go to an ifa and 'invest' in some fund or other. Don't they realise that all the losses are on the holder, and half the gains are taken by the fund? (A recent study showed thse building a pension pot have a value equal approx to the total fees taken). ffs, it's bleedin obvious with the city salaries and bonuses.

And even now, so many are still very pro funds, funds of funds and fund of funds of funds. Crazy.

[gwatson56] 10/1/2020 10:39

Overweight Morgan Stanley increased TP to 75p from 72p from Morning Star this AM.

[maxk] 10/1/2020 10:36

EU warns refusal to give access to UK fishing waters after Brexit could lead to new cod war



James Crisp, brussels correspondent, zagreb
9 JANUARY 2020 • 2:56PM



Failure to grant the European Union access to British fishing waters after Brexit could lead to an outbreak of cod war style hostilities, the EU has warned.

Brussels is demanding continued access to British waters as a condition of the trade deal but Boris Johnson has warned the European Commission that Britain will take back control of its waters once Britain leaves the EU.

“We want to avoid any fisheries skirmishes in the Atlantic. We have seen them before we don’t want to see them again,” Croatian Prime Minister Andrej Plenkovic said at a press conference with Charles Michel, the European Council president in Zagreb.

Icelandic gunboats forced British fishermen out of their waters during the cod wars in the 1970s. More recently French fishermen fired flares and threw rocks at British boats during a dispute over scallops in the Channel....

[gotnorolex] 10/1/2020 10:35

Min,BB,Ladeside So better watch your Ps & Qs then!

[minerve 2] 10/1/2020 10:34

grahamite2

"The idea that any time an investment doesn't work out, you have a legal claim against someone, is profoundly unhealthy."

I generally agree with you on this but with Woodford and HL it went much deeper than just wrong investments.

The fund was effectively mis-sold. WEI was almost a VCT posing as an income fund. HL played a role in this by labelling it under income and keeping it in its top listings when performance had been dire for years. WEI even placed companies on poor tier stock exchanges in order to circumnavigate liquidity rules and then got in a game of non-arm's length transactions with WPCT in order to do the same. HL continued to sell the failing fund and Woodford and his partner continued to pay themselves millions in dividends knowing the failing liquidity would seriously and eventually hit the funds NAV.

[grahamite2] 10/1/2020 10:31

LADESIDE 10 Jan '20 - 10:22 - 289167 of 289170
0 1 0
It's maybe what's needed minerve.

A hard right Government

Let's not run until we can walk, eh? A government that was right wing in any way whatsoever would be a start, before we even think about a hard right government. It would also be something we haven't seen for nearly 30 years.

[minerve 2] 10/1/2020 10:26

Absolutely BB/LADESIDE.

[grahamite2] 10/1/2020 10:22

Investors considering claims against Mr Woodford, his investment company, Hargreaves Lansdown, independent financial advisers, Uncle Tom Cobley and all. (NOT verbatim!)



I hope the courts throw all this out. The idea that any time an investment doesn't work out, you have a legal claim against someone, is profoundly unhealthy.

[bargainbob] 10/1/2020 10:22

Minerve we have a regime in charge of the UK.

[ladeside] 10/1/2020 10:22

It's maybe what's needed minerve.

A hard right Government who will further reward the fat cats, big business and the aristocracy while really screwing over the people is probably the wake up call that's needed for many in the country in order to facilitate serious change.

Some have a very short memory of the evil acts committed by Thatcher and it looks like it's going to repeat itself with Cummings pulling the strings and being ably assisted my odious characters such as Patel and Javid.

Joy............

[ladeside] 10/1/2020 10:17

Holy Christ, you're now wanting to jump into bed with the Hungarian regime !!!

Not long until the Brown shirts are on the streets imho.........

[ladeside] 10/1/2020 10:16

The UK should “move as far away as we can” from EU rules without losing access to European markets, said Nigel Wilson, chief executive of FTSE 100 insurer Legal & General.

In other words, take away the regulation and let us do as we please, who cares if we end up with another market crash as we'll be off with the candy and it will be the tax payer who picks up the pieces as always, hee, hee, hee.

[patientcapital] 10/1/2020 10:14

Orban said he believed the EU "misunderstood" the situation if it believed a good set of relations was primarily in the interest of Britain after Brexit, as this was just as much in the interest of the EU's 27 remaining members including Hungary. He said post-EU Britain would be successful and that it had opened a "fantastic door, a fantastic opportunity" for itself. "I am sure there is a success story in the making there."

[minerve 2] 10/1/2020 10:10

I think grahamite is still asleep, dreaming. :)

[grahamite2] 10/1/2020 10:08

Project Fear has proved to be a complete, total pack of lies from start to finish. It won't be long before you find people are embarrassed to admit to having voted remain - and they'll ask themselves why on earth they did.

[maxk] 10/1/2020 10:06

Uptick for #289156 Min...spot on!

[philanderer] 10/1/2020 10:05

Downgraded by Redburn this morning from 'buy' to 'neutral'

[minerve 2] 10/1/2020 10:02

grahamite2

As you very well know there is no cliff edge because the WA is a soft-Brexit and Brexit hasn't happened yet.

That is why the 'landlord' would not put that comment in the header.

[grahamite2] 10/1/2020 10:00

cheshire pete 9 Jan '20 - 21:40 - 289098 of 289153
0 6 0
Yes mr.elbee very quiet...but then it would be, after all they were expecting an emergency budget..didn't happen, immediate recession..didn't happen, mass unemployment...didn't happen, finance houses re-locating to EU land...didn't happen, chaos at the ports...didn't happen, drugs shortage..didn't happen.

Eating of humble pie by any of the proponents of the above, yes you've guessed didn't happen. Now where's the effing cliff edge then?

I have no comment to make - just thought it worth repeating this excellent post! If we didn't have an absentee landlord on the thread it might have gone in the header.

[minerve 2] 10/1/2020 09:57

Morning internet friends. :)