Lloyds Banking Share Discussion Threads

[pierre oreilly] 04/4/2020 08:48

As always, redwood is spot on.If the UK had the flexibility, low beaurocracy, willings to work hard and pull together, sense of achieving something, flexibility in everything and adaption to needs, care for others, and all in all the general current positive attitude which gets big hospitals built in weeks, then the UK could become wealthy beyond belief after covid.

[stonedyou] 04/4/2020 08:29

Trump-backed anti-malaria drug hydroxychloroquine is the most effective coronavirus treatment currently available, finds international poll of 6,000 doctors


•Majority of 6,200 doctors from 30 nations said malaria drug was most effective

•Doctors across Europe, the US and China have been given licence to prescribe

•But the UK is dragging its feet until clinical trials show it is safe and effective

•World Health Organization claims that no medicine can prevent or cure virus


The malaria drug hydroxychloroquine is the best coronavirus drug currently available, according to an international poll of thousands of doctors.

Of 6,200 physicians surveyed from 30 countries, the majority (37 per cent) said it was the 'most effective therapy' for the virus.

But the World Health Organization (WHO) claims that 'there is no evidence' that any medicine 'can prevent or cure the disease'.

With a spiralling crisis and no cure in sight, doctors in Europe, the US and China have been given licence to prescribe the promising drug to COVID-19 patients.


But the UK has prevented clinicians from dishing out hydroxychloroquine - a form of chloroquine - until clinical trials are completed.

[mikemichael2] 04/4/2020 08:27

Not much over Europe, but China and Japan seem to be getting back in numbers.

[buywell3] 04/4/2020 08:12

Funny times when you can if so minded trade a FTSE100 share as if it were an AIM penny share

Over 28% in 5 days trading , over 5% a day

Shows that things have gone wrong

Might get worse though

Probably will IMO till a vaccine is found whch might be 12 months away

How low the FTSE 100 then ?

[xxxxxy] 04/4/2020 06:16

Secure UK food and fish supply. From UK sources. First.No Deal

[xxxxxy] 04/4/2020 06:13

Going forward policy.Made in the UK. First.Not Made in ChinaNot Made in the EUSSR.And NO DEAL

[xxxxxy] 04/4/2020 06:11

Supply chains and interruptions to outputBy JOHNREDWOOD | Published: APRIL 4, 2020During the prolonged wrangles over Brexit we were beset with false claims that supply chains would be disrupted  by moving to a Free Trade or WTO based future arrangement  between the UK and the rest of the EU. Some of us pointed out the long and complex supply chains of industries like the car industry already included substantial supplies from non EU sources which worked fine despite coming from outside the single market.Today we see supply chains badly disrupted in some cases both within the EU single market and from outside it by the impact of government policies followed around the world to deal with the virus. It is curious we do not hear incessantly and regularly from those who used to  be worried about these things, now there is something to worry about.There is first of all the interruptions to supply from abroad in to the UK because the supplier has been instructed by their national government to cease production as part of a plan to impede the spread of the virus. There are then the interruptions to supply that come from a foreign government placing an export ban on essential goods in short supply, as the Germans did on certain supplies needed for virus treatment. This is on top of the US moves to impose tariffs and bans on countries that the President regards as a  threat to national security. The USA is seeking to stop allies from buying from some Chinese technology providers, and is imposing strict sanctions on Iran, for example.Some argue that this means we have now seen peak globalisation. There are  various good reasons to encourage more domestic production. It cuts travel  miles for products and components. It cuts the risks to supply lines from geopolitical events in various countries. It adds more value in your own country. The economic argument against is that based on the theory of free trade and specialisation. If each place or country specialises in a few things that it  becomes very good at and reaps economies of scale in  , total world real income should be maximised. That argument works well when most or all governments believe it and promote it, but comes under pressure when countries cheat. Mr Trump's argument with the Chinese is over just that. He thinks they cheat on technology, currency level, state aids  and other matters.The UK is discovering that it cannot rely on China and Germany for some  imports at a time of virus crisis.   The UK private sector is showing considerable flexibility, with Distilleries offering hand gel, engineering businesses offering ventilators and textile companies running up personal protection clothing. The main constraint on our flexibility seems to be occasional delays in the public sector testing and approving what the new producers can deliver. We need to get better at this flexibility when we cannot always rely on abroad to supply the things we really need. We also need to cut the food miles and make sure our fishing and  farming system encourages a higher proportion of home grown and home caught produce.

[sentimentrules] 04/4/2020 01:25

Virus has killed the EU. Tint even need a deal

It's foooked

[k38] 04/4/2020 00:38

https://brave.com/download/Google Whistleblower speaks out on RT .. how Google spying on you....Former Google software engineer Zach Vorhies now using the most secure browser engine brave .....I definitely will do thesame.

[freddie ferret] 03/4/2020 23:59

Actually there seems to be a bit of confusion, they may not have yet sold them.

[k38] 03/4/2020 23:56

SOROS-FUNDER PROGRESSIVE OUTLET.... IS TIME TO "ABOLISH THE FAMILY "

[freddie ferret] 03/4/2020 23:36

jacko07

Oh dear!

The govt have just sold £55bln of gilts.

Do you think government expenditure will rise or fall as they get the support for PAYE workers up and running ?
What about support for the self employed after 3rd of June, will that mean more or less expenditure?
Then are they going to support businesses and airlines? Will that mean more expenditure?
And the NHS more or less expenditure?

Basically that will mean more expenditure funded by gilts sales and printing.
The market for gilts will only handle a certain level of sales before it requires yields to rise irrespective of BOE interest rates. Gilts will become junk bonds, yields rise.

So you see a future for the stock market when you can get 20% on gilts? Well do ya punk?

jacko07
3 Apr '20 - 23:26 - 299259 of 299259
0 0 0
Alp...Do you reckon we are nearing the bottom, it still looks iffy, but no doubt if history repeats itself, cash will flood in on the first bit of good news on the virus.

I have done well with PUTS, now is it time for calls with a long time left. On checking ICE, some of those out of the money calls are looking very cheap.

[alphorn] 03/4/2020 23:35

jacko - well done. Impossible to tell; still too little understood about the virus and whether there can be a second wave. Very high infection rates in Switzerland and no sign of much change.
I am sitting on my hands at present.

[alphorn] 03/4/2020 23:30

Poika - they need to stay honest. To say there is an order for something that does not exist is crazy in anyone's book.

[jacko07] 03/4/2020 23:26

Alp...Do you reckon we are nearing the bottom, it still looks iffy, but no doubt if history repeats itself, cash will flood in on the first bit of good news on the virus.

I have done well with PUTS, now is it time for calls with a long time left. On checking ICE, some of those out of the money calls are looking very cheap.

[twirl] 03/4/2020 23:11

The western world has been a debt fuelled merry go round for a century with politicians doing everything they can to keep the music going.
Its called growth.
Unfortunately growth equals 3 fold world population growth in my lifetime, loss of habitat, death of thousands of species and climate change.
Lets hope this virus economic shock kills off growth for ever.

[jl5006] 03/4/2020 22:53

So Finland IS in lockdown - is it?
The Govt IS not are! and the Govt only follows the advice of the relevant departments - these seem to be wanting ???????????????????

[jl5006] 03/4/2020 22:43

dik
2008 was a greed based lie
This is a man made mess - phps a freak link to raw stuff in china - but generally imho down to the world wanting an anti biotic for everything.
When the immune system has been degraded then there is NO resistance.
Normally 150k ppl die from flu related issues in UK
We seem to have magnified the failure of the vulnerable into a crisis - and the media has found some isolated cases where younger people have been hit.
We cannot keep giving out basket loads of drugs to people with heart,renal and respiratory malfunctions.
We cannot let that prevent the future and that is what the various agencies seem to be doing.
As Mercury said - we have to break free - as he also said - another one bites the dust

[diku] 03/4/2020 22:15

2008 was a man made crisis...current one is not a man made but an invisible crisis causing economic/social havoc...why can't everybody just get back to the way it was pre Coronavirus once this is all over...it might take time but all do able...

[maxk] 03/4/2020 22:06

It dont matter what Boris and the toryban do. It will always be wrong to the lefties!

[scruff1] 03/4/2020 22:06

I agree twirl. People have been buying the bottom all the way down from the 60p's. No one has a clue where it is. People keep comparing to 2008. It's nothing like it. Govt keep promising money but it seems clear imo no body has an inkling of where this will end up let alone a post lockdown economic strategy. Reminds me of a ww1 battle like the somme in terms of planning, execution and result. Lots of dead bodies and not much else

[poikka] 03/4/2020 22:04

Basically, Alphorn, the government are doing everything they possibly can, and more - the 'more' bit is to try and shut up the panicking fairies who are continually snapping out their heels.

Why do I bother.