Lloyds Banking Share Discussion Threads

[utrickytrees] 01/3/2020 10:07

Phillip Rutnam as permanent head at the home office is responsible for handing out visas to the likes of ABU HAMZA.
Priti Patel has gone on record to say that for British tax payers it is deeply offensive that Hamza & others like him can live off the state st enormous cost.
Despite Hamzas conviction for 11 terrorism charges him and his wife & 8 children lived in a £1.25m 5 bed house paid for by a West London authority, four of Hamzas children have also served prison sentences for terrorism offences.

How can the likes of the Phillip Rutnams at Whitehall be allowed to continue in their positions when the likes of ABU HAMZA & the new wave or EU criminals with drugs & firearms are allowed to walk freely on our streets it's a disgrace.

[bookbroker] 01/3/2020 09:50

Already been discussed, thanks for enlightening us again!

[philanderer] 01/3/2020 09:48

'Lloyds Bank faces fresh police inquiry over fraud claims'

[mitchy] 01/3/2020 09:37

Thankfully loneliness ,self loathing and dysthymia aren't contagious.

[gbh2] 01/3/2020 09:33

Shoulda gone to specksavers ;)

[scruff1] 01/3/2020 09:33

This sort of thing has been predicted as long as I have been alive. Some of the hysteria brigade seem to be infecting this bb. Seem to take more pleasure in reporting negatives than positives. How about only china and s korea and I think one other reporting new cases. Or 11 counties where cases recovered

[mitchy] 01/3/2020 09:29

When I looked 10 hours ago the Chinese new cases was 6 . Now over 500 wtf !?

[bookbroker] 01/3/2020 09:22

You might be right, after all the foot and mouth was likely contrived to reduce overproduction!

[careful] 01/3/2020 09:19

death rates by age tabled in the Sunday times today.

Over 80years old. 15%
70-79. 8%
60-69. 3.6%
50-59. 1.3%

It then falls away rapidly.

A cynic might say that it is a godsend to eliminate so many old unproductive pensionsioners.
No more pension deficits, reduced health spending, all plus plus.

In the wild, natural selection takes care of old animals. They cannot, fight, keep up with the herd so they get picked off.
It seems so Darwinian.

[bookbroker] 01/3/2020 09:17

6837 - this has been covered so many times, no evidence has been discovered to determine wholesale fraud, the Telegraph just trying to keep its journalists busy, we know valuations of property and loans were re-evaluated after 2008/09, if the receivers of the loans fail to maintain payments it is like everyone else, yo get foreclosure. Sounds like the bank required higher security during that testing time, every right to protect their interests, they offered the loan so one would assume they have a right to request their loan back if they were concerned. Sounds like sour grapes, others have been through much worse.

[gbh2] 01/3/2020 09:16

China latest report is 576 new cases

[ignoble] 01/3/2020 09:13

Cruise liners, planes and big hotels
All air-conditioned, no windows to open
Almost seems the bug is being circulated through the ventilation systems.

Legionnaires Disease was similar, or so I understand
Just my thoughts..

[poikka] 01/3/2020 09:03

Not in the Merchant Navy, though, max - actually, I lie, there were quite a few when the waiters got kicked off of P&O in the 60s, after getting slightly out of hand and upsetting a few old biddies. Suddenly, tramps ships became their new homes.

Reckon Alps doesn't know the difference between the Merchant and the Royal - one goes to sea and one doesn't. One used to be given rum, and the other just a hard time.

[maxk] 01/3/2020 09:01

Lloyds Bank faces fresh police inquiry over fraud claims


By
Michael O'Dwyer
and
Christopher Williams,
SUNDAY TELEGRAPH BUSINESS EDITOR
29 February 2020 • 9:30pm




Lloyds Bank is facing a fresh police investigation of allegations of fraud against small business over a case that received the attention of chief executive António Horta-Osório and senior politicians six years ago.

Avon and Somerset Police are investigating allegations made against Lloyds by Cardiff-based property investor Kashif Shabir, who lost his business after the bank foreclosed on his loans and appointed a receiver to sell his assets in 2009.

Lloyds, which was then 43pc-owned by the state after being bailed out in the financial crisis, has dismissed claims of misconduct at its Bristol unit made by Mr Shabir and about 200 others over a decade. They claim the bank had their successful businesses revalued downwards, forced into receivership and then sold....

[diku] 01/3/2020 08:45

From the media at its best...using words like "explosive statement"...sensationalist reporting...no doubt it will dominate news next week...





Boris Johnson is facing escalating pressure to launch an urgent investigation into bullying allegations against Priti Patel after the unprecedented resignation of the top civil servant at the Home Office.

In an explosive statement to cameras, Sir Philip Rutnam effectively accused the home secretary of lying, claimed she had created an atmosphere of “fear” and said he would sue the government for constructive dismissal.

The Home Office permanent secretary insisted he had been the “target of a vicious and orchestrated briefing campaign” that had left him with no alternative but to resign from government after a career spanning 33 years.

He claimed the Cabinet Office had offered him a “financial settlement that would have avoided this outcome”, but decided to pursue a claim in the courts – a public battle that could further embarrass the government.

[poikka] 01/3/2020 08:36

Alps - "(Just for Poika - re. powder, no doubt you know the origins of Navy Proof)?"

Why for me, Alps? I do know the origins (or should that be orirums?) but wtf has it got to do with me?

Lovely day, boys and girls.

[xxxxxy] 01/3/2020 08:06

The need for new thinking at the Treasury and Bank
By JOHNREDWOOD | Published: MARCH 1, 2020
I have written many times before about the way the UK economic establishment has been wedded to the EU rule that we must bring state debt down to 60% of GDP. This has been the main constraint and guide on economic policy for the last decade. We need instead a new central aim of promoting faster economic growth whilst keeping inflation low.

I have also drawn attention to the Establishment’s unhelpful use of two pieces of economic theory, the Phillips curve and the Laffer curve. The Phillips curve which says inflation rises when unemployment falls has not been adjusted for the global economy we live in, failing to understand how inflation has been kept down by large inward movements of low wage labour and by importing substantial quantities of cheaper goods and services. As a result money policy has been tighter than needed.

The Treasury used to deny the Laffer curve, which states that if you raise a tax rate above an optimum level revenue falls. Now they accept the theory but choose to assume the optimum rate is much higher than experience tells us it is. As a result they have had bad shortfalls on taxes like Stamp Duty and have failed to maximise tax on higher incomes.

Since the 2016 referendum the Establishment wrongly forecast an immediate recession, and then has gone on and on about an alleged hit were we to leave without a trade deal. Meanwhile they have continued to tighten the fiscal policy of the UK and keep money tight , which has predictably slowed our performance whilst still in the EU single market.

The government has added to the difficulties by successive Chancellors making a tax raid on property through higher Stamp duties, and on new car purchase through higher VED. This has predictably hit both the housing and car markets, the two largest purchases people make.

It is time to relax policy to promote growth, and to set tax rates that allow enterprise and activity to flourish. The external shock of the virus means the case for tax cuts is even more urgent now. There is both a demand and a supply shock. Tax cuts can help a bit on the demand side. Lower interest rates are less useful. We are getting lower rates for government borrowing anyway.

[utrickytrees] 01/3/2020 07:54

Dont knock a CNAA degree PO, the great thing about them was their availability and they were self certified...FE colleges & Poly's loved em. I managed to get mine from a mobile library on a wet Wednesday afternoon a 2:2 in geography! Took me masters the month after but failed it cos someone had withdrawn the book in needed to reference at Alfreton the stop before so I was having to work from memory which was a tough gig. Anyway without my CNAA degree I wouldn't be able to boast the same qualifications as Theresa May.

[bartram] 01/3/2020 07:41

Keep calm and don't panic or if you can't do that just ring the Samaritans.

[1 nhs] 01/3/2020 03:11

Very sad news this morning.

The first evidence, of real death rate, is now emerging, from the Dimond Princess.

They are truly staggering, considering all the 600 passengers, who caught the virus have had medical care, and heaps are still very, very, sick.

The death rate is now 7 or 1.15%

What is so terrifying, total fatalities are growing on a daily basis.

The First passengers died around ten days ago.

We are already running at 11 times the normal death rate, of the flu.

We must start to protect are families and friends above all else.

[pione3r] 01/3/2020 00:09

Lloyds Bank faces fresh police inquiry over fraud claims

[pierre oreilly] 29/2/2020 23:54

He hasn't got a university degree. He has CNAA degree, the ones they used to give to not very bright people.