Lloyds Banking Share Discussion Threads

[minerve 2] 14/1/2020 11:18

So Boris forces Brexit without a majority and denies IndyRef2 with a majority.

[minerve 2] 14/1/2020 11:17

"He has certainly earned it."

That is just your opinion. I think he hasn't.

[crossing_the_rubicon] 14/1/2020 11:10

@Diku,

Farage should take it then give it to a charity imo.

He has certainly earned it.

[mitchy] 14/1/2020 10:56

The Iranian malarkey seems to be abating . No news on Brexit that I know of . Banks off today at the time of writing but Lloy seems to be
beating the rest. Sterling struggling against the dollar .
Just another day in paradise.
Good Luck.

[gotnorolex] 14/1/2020 10:46

Wiley old chap is Farage, he's setting a sprat to catch a mackerel!

[grahamite2] 14/1/2020 10:35

I wonder why Nigel Farage isn't taking his 150 grand. Those who hate him won't give him any credit for it, and those who like him think he's earned it 100 times over.

[wendsworth] 14/1/2020 10:34

mitchy : share price is struggling . Stick with the medium term strategy. I've actually placed a limit buy at 57p this morning ..couldn't resist !

mrelbee : Absolutely agree with your final statement at post ..659.

[gbh2] 14/1/2020 09:56

Picked up another 2k last dip, need to wait for tomorrow's pension payment for more cash ;))

[bargainbob] 14/1/2020 09:53

Alphorn

There may be a restriction on french maids though after Brexit. They never thought of that did they.

[gotnorolex] 14/1/2020 09:14

Farage should'a told Sky he was off to the USA to hustle for Trump!
Any one of the Fortune 500 will pay him 250k for an after dinner disquisition on Brexit!

[alphorn] 14/1/2020 09:07

"No one noticed as debt rose much faster than GDP".

Perhaps more prostitution needed as some learnt yesterday?

[xxxxxy] 14/1/2020 09:03

UK economy slowed too much by domestic policyBy JOHNREDWOOD | Published: JANUARY 14, 2020As forecast here the latest figures for GDP growth show that the combined fiscal and monetary squeeze administered by Mr Hammond and the Bank of England have had their predicted effect. The economy has not been growing for the last quarter and the overall annual growth rate has tumbled towards German and Italian levels.The USA is still growing considerably faster thanks to big tax cuts, a fiscal stimulus and active encouragement of growth and sensible lending by the Fed, their central bank. Never has UK policy been so much at variance with global policy as today, with the rest of the world's central banks fighting recession and the UK one fostering slowdown.The delay in the budget until March means the cavalry of some fiscal stimulus does not arrive until April. Meanwhile some Monetary Policy Committee members openly muse about a quarter point cut in interest rates, though with no great sense of urgency. What the Bank should be doing is renewing its old scheme for Funding for lending, reversing its most recent decision about capital buffers for commercial banks, and changing its advice on lending for home and car purchase and for small business lending where there is adequate income and capital cover for the loans.The Treasury needs to lift the IR35 tax changes which are damaging small contractors. All branches of government need to engage with the need for faster growth and join the international consensus that we need to fight slowdown now.

[xxxxxy] 14/1/2020 09:01

Keith Calder 14 Jan 2020 8:47AMThe economics of globalisation has always had an Achilles' heel.The 1920s roared with debt based consumption and speculation until it all tipped over into the debt deflation of the Great Depression. No one realised the problems that were building up in the economy as they used an economics that doesn't look at private debt, neoclassical economics.Not considering debt is the Achilles' heel of neoclassical economics.What could possibly go wrong?I bet you've got a good idea already.When did the UK move over to debt blind, neoclassical economics?https://www.housepricecrash.co.uk/forum/uploads/monthly_2018_02/Screen-Shot-2017-04-21-at-13_53_09.png.e32e8fee4ffd68b566ed5235dc1266c2.pngNo one noticed as debt rose much faster than GDP.This is global.Japan led the way and everyone followed.At 25.30 mins you can see the super imposed private debt-to-GDP ratios.https://www.youtube.com/watch?v=vAStZJCKmbU&list=PLmtuEaMvhDZZQLxg24CAiFgZYldtoCR-R&index=6What Japan does in the 1980s; the US, the UK and Euro-zone do leading up to 2008 and China has done more recently.Global Japanification.Let's send our experts in neoclassical economics, that doesn't consider debt, to Japan to find out what happened there.Our experts can't see the real problem and put it down to demographics.Richard Koo had studied what had happened in Japan and knew the same would happen in the West after 2008. He explains the processes at work in the Japanese economy since the 1990s, which are at now at work throughout the global economy.https://www.youtube.com/watch?v=8YTyJzmiHGkDebt repayments to banks destroy money, this is the problem.https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2014/money-creation-in-the-modern-economy.pdf

[alphorn] 14/1/2020 08:59

Good riddance to that 73. A useless bunch that have never had the nous to influence any change.
Wait now for the 'wrong type of leaves' brigade who will say that it was impossible.

[montyhedge] 14/1/2020 08:59

Interest rates down in May, goodbye banks margins.

[mr.elbee] 14/1/2020 08:50

"it emerged that Spanish competitor Santander's UK operation was suffering as a result of intense competition in the mortgage market."

THEY ARE JUST LOOKING FOR REASONS!

[diku] 14/1/2020 08:50

Golden Goodbyes should be standard practise for all employees...




Nigel Farage “will not take a penny” of the £153,000 windfall he could claim for his 20-year stint as a member of the European parliament, his spokesman has said, as the UK’s 73 MEPs are set to be told on Monday night about any cash payouts they are due.

Farage could leave the EU on 31 January with a pre-tax golden goodbye worth €178,657 (£152,992) under a European parliament “transition allowance” for ex-MEPs, a calculation based on his 20 complete years since 1999.

Asked about the transition allowance, a spokesman for Farage said: “He won’t take a penny.”

In 2017, Farage told Sky News he would “probably̶1; take the money, but did not expect the parliament to give it to him.

The UK’s 73 MEPs were due to be informed about their exit arrangements at a special meeting at the European parliament in Strasbourg on Monday night. It is the third such briefing, reflecting the shifting Brexit date, from 29 March 2019, to 31 October and now 31 January 2020.

[gbh2] 14/1/2020 08:48

I've added 10K in 2K lots during this last down phase and I'm only a poor PI.

[mitchy] 14/1/2020 08:46

Quite a lot of buyers yesterday and today. The phrase "follow the money" springs to mind.

[freddie01] 14/1/2020 08:44

Flybe: government considers air passenger duty cut to save airline
Sajid Javid examines allowing regional carrier to defer paying £100m tax bill for three years

[alphorn] 14/1/2020 08:44

How many more domestics will need propping up? Emergency talks will take place on Tuesday between the chancellor............amid attempts to ensure the survival of Flybe...…̷0;… The government is considering whether to cut air passenger duty on all domestic flights, allowing the Exeter-based airline to defer a tax bill of about £100m for three years.

[utrickytrees] 14/1/2020 08:14

Going underground, the song by Paul Weller predicts the consequences of free movement.

[bargainbob] 14/1/2020 07:53

Do not be silly he is rich enough to have a Drone Daily.