Lloyds Banking Share Discussion Threads

[minerve 2] 20/2/2020 13:23

Little Englanders and Uncle Tom Patel.

LOL

[crossing_the_rubicon] 20/2/2020 13:22

@MrElbs,

Indeed. I've always anticipated inflation from wage growth(It was always obvious that unfettered migration of low skilled was going to excessively compress wages at the bottom end. Lord Rose admitted such.

I don't however see Economic growth coming in strong.

The supply chain crunch coming is going to slash global growth and we teeter on a serious slowdown.On plus side there'll be QE4, more asset price inflation whilst the pound in your pocket (and your savings if you've been prudent) will get smashed.

[minerve 2] 20/2/2020 13:20

Patel is your modern day 'Uncle Tom'. Shame on her.

[kkclimber56] 20/2/2020 13:19

To be clear...

The provision of £1.8 billion is todays best estimate of the amount that will be required to settle outstanding claims. Assuming the provision is correct then settling these claims will require a similar amount of CASH.

Where will that cash come from? Either existing cash reserves or future earnings.

Either way to the extent that the provision "may" prove excessive it means either some of the existing cash reserves or future earnings will be available for other purposes such as...

Increasing CEO package
Staff Christmas party
Increasing dividends

[minerve 2] 20/2/2020 13:18

Buzz away little fly.

[mr.elbee] 20/2/2020 13:14

inflation ,crossing, a tight labour market with wage growth as a result of the government spending,economic growth way above current projections which are IMHO way too pessimistic..a rising pound as a result of all of this as well...I know the silly little pundits say the opposite but they are paid ...and never right.

Was Project Fear Right?

[diku] 20/2/2020 13:03

Yo...you have a problem with skin colour?...



Minerve 2
20 Feb '20 - 10:05 - 293493 of 293522
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Patel sees herself as 'white skin'.

Sorry love.

LOL

[gbh2] 20/2/2020 12:57

The Provision is anticipated payment, it's in the Results it couldn't be "held back"

[phillis] 20/2/2020 12:32

How is cash being held back?
Dividend has increased, lending is steady

[terry barnett] 20/2/2020 12:30

Oh dear. Could we possibly get back to Lloyds!

[minerve 2] 20/2/2020 12:22

It is like sovereignty and democracy - another gammon pipe dream.

[minerve 2] 20/2/2020 12:21

Utricky

YOU WILL NOT HAVE CONTROL OF YOUR BORDERS! IT IS A FALLACY! NOT UNLESS YOU ARE HAPPY TO SEE SERIOUS DAMAGE TO THE UK ECONOMIC FUTURE.

WHEN ARE YOU CLUM HEADS GOING TO LEARN THAT?

[minerve 2] 20/2/2020 12:19

corby3

What do mean when you say "left behind"?

[utrickytrees] 20/2/2020 12:16

So you appreciate Merkel was wrong to open the flood gates to immigration but resent the brexiteers for wanting control of their borders. An apt analogy might be objecting to flood defences in favour of increased insurance premiums. However you stated you were unwilling to fork out any more for insurance only a few days ago. Your a rum lad M2! but you've got no consistency, you think government policy should revolve around your investments lol.

[kkclimber56] 20/2/2020 12:01

Phillis

You are right that the provision itself is a non cash item but presumably cash is being held back to cover payouts which, in the event some of the provision is not required, can be released

[kkclimber56] 20/2/2020 12:01

Phillis

You are right that the provision itself is a non cash item but presumably cash is being held back to cover payouts which, in the event some of the provision is not required, can be released