Lloyds Banking Share Discussion Threads

[mitchy] 30/3/2020 10:39

Can't believe the ftse is almost flat.

[aljm] 30/3/2020 10:39

wow, busy BB's anything worth reading in them ?

[crossing_the_rubicon] 30/3/2020 10:39

"diku28 Mar '20 - 08:26 - 298342 of 298499
A third of this summer's food harvest could go to waste on British farms because of a chronic shortage of migrant labour caused by the coronavirus outbreak, charities and farmers are warning.

UK farms and food producers rely on a migrant workforce of 60,000 to 70,000 seasonal labourers mainly drawn from eastern European countries including Romania, Bulgaria and Poland"


A problem easily solved.
Plenty of people in UK out of work - plenty in UK want to help British farmers get their produce to market.

Give them a mask,some nitrile gloves, let them go pick in the fields.
Job done

[polar fox] 30/3/2020 10:39

Cummings has the virus - isolating - BBC.

[ignoble] 30/3/2020 10:38

Lol Mr Blair
Stating the bleedin' obvious and getting paid for it, no doubt

[minerve 2] 30/3/2020 10:37

Now we have fancy dress postmen?

Honestly, this country is FULL of bozos!

[poikka] 30/3/2020 10:36

Nice run, maxidi, very nice. I stuck with it through to retirement, but it really went downhill after the 80s. It certainly wasn't suitable for a married life, though.

[poikka] 30/3/2020 10:33

"Tony Blair thinks the Jeremy Corbyn experiment is over"

Good ol' Tony, right up with events..

[careful] 30/3/2020 10:33

This lockdown will be phased out quite quickly.

Already there are sensible debates about the adverse health effects and the reduction in life expectancy caused by a depression, unemployment and financial ruin.
This must be set against the effects of the virus.

[poikka] 30/3/2020 10:31

"The banking sector .SX7P tumbled another 2.5%, bringing its monthly losses to more than 28%, with UniCredit (CRDI.MI), ING (INGA.AS) and ABN Amro (ABNd.AS) among the first set of lenders to comply with the ECB’s appeal to freeze dividends in a bid to shore up credit."

I struggle with the advice/appeal from the ECB: with LLOY lending some £440bn last year, the £2.2bn divi is hardly going to make much difference - or do I misunderstand?

[smartie6] 30/3/2020 10:12

How are the government providing this support? Mmmmmmmmm.

[gaffer73] 30/3/2020 10:10

Don't agree. Government support to everyone eases pressure on banks. Profits will be down but absolutely no reason for government support for the banks.

[smartie6] 30/3/2020 10:02

That’s before all the rules have been relaxed and banks incentivised to become lender of the last resort to SMEs. Deplete cash reserves. When hit with defaults that are coming, remember before all of this we had 8% zombie companies, then banks p&l going to be decimated. Agree that there’s been at lot of liquidity pumped but when everything adds up, begin to panic.

[gaffer73] 30/3/2020 09:59

Ok so you can't because they won't. What do you think the stress tests were for, fun?

[renewed1] 30/3/2020 09:53

Wouldn't it be nice to see Antonio stand up for the company and the shareholders and tell the B of E and government a few home truths about Lloyds bailing out Gordon Browns mistakes instead of rolling over on his back and accepting whatever they throw at the bank.

[kenbachelor] 30/3/2020 09:40

Ignoble - Monty will remember this, as it was him who recommended that I take a fixed rate of 8.16% with my pension pot.

I've been collecting it now for over 20 years and it can't go on for ever, but now I'm even wondering whether I'll get it tomorrow.

[smartie6] 30/3/2020 09:36

If I have to explain you’ll never get it. FFS.