Lloyds Banking Share Discussion Threads

[qantas] 05/4/2020 10:38

Please do your own research as always.

[pierre oreilly] 05/4/2020 10:34

Poikke, it would be good to hear boris' exit strategy, but don't hold your breath. The current strategy is to make this thing last as long as possible, by controlling a low infection rate, supposedly so the nhs can 'cope' with the max number. But they can't cope (that is treat everybody) even now - look at cancer patients. And the triage for admission. Lowering the curve means less stringent triage, that's all. There'll always be those turned away and left to die (just as there is all day every day with every other illness).

I can't see any exit strategy except immunisation. If rules are relaxed (which i think should happen), then more will get infected than if they weren't relaxed. Covid isn't going to be eliminated - it's there forever more im(amateur)o. Some seem to think if we isolate, covid will be history. I'd appreciate an experts view on whether that is possible - anyone? All I know is the world has only managde to eliminate smallpox, and that after decades of truly global cooperation. Colds, flu, tuberculosis, ibola, rabies, measles, mumps - the whole lot are here and probably always will be - i assume covid is the same.

What other exit stratergy can there be before a vaccine? Seems to me, and obviously I only know a very little about this (like most here), the vulnerable will have to self isolate for many more months or a year, before a tested vaccine comes along. And are all the vulnerable suitable for a vaccine jab?

Simply flattening the curve won't save many lives imv - the integral, or area under the cruve which is the number of deaths, stays pretty much the same until a vaccine. The deaths are just spread over a longer period. The number of deaths saved is the number turned away due to nhs saturation who would otherwise have lived with treatment. Well, that won't be many imv. They are postponing some deaths that's all. There needs to be a pretty unemotional cost/benefit analysis here - the cost currently is 3 months off 70m people's lives in the uk - the benfit hasn't been quantified as far as i can see.

[mikemichael2] 05/4/2020 10:33

OK, i've a spare 10k i'm willing to plough into 'something' lets have a vote on the best,safest recovery stock out there (UK stock)

The most voted, i'll buy.

[poikka] 05/4/2020 10:29

KenBatchelor

"Is the government delivering food to all the old crumblies?"

Apparently so, m8, they're delivering to those who are unable to leave home, such as asthmatics.

[stonedyou] 05/4/2020 10:14

JAMES FORSYTH The government must focus on an exit strategy to save our economy and the NHS

Comment

James Forsyth, Political Editor of The Spectator
4 Apr 2020, 1:21
Updated: 4 Apr 2020, 1:23



The number of coronavirus deaths is still rising—and will continue doing so for the next week.

But attention in government is already shifting to how does the UK get out of this crisis. What is the exit strategy?


The government must focus on an exit strategy to save our economy and the NHS


The economic costs of the lockdown are becoming horribly clear.

In the past fortnight alone, 850,000 more people than usual have applied for

universal credit.

Senior figures in government are petrified by how high that number will go if

these restrictions remain in place until the autumn.

So, the government needs a route out.


Boris Johnson says that testing is the answer.

He is half right: testing for the disease would allow better treatment and an

antibody test would give us an idea of how many people have had the virus.

But even if the UK hits its target of 100,000 tests a day by the end of the month,

that would not be enough to allow a South Korean-style ‘test, trace and track’

approach.

[stonedyou] 05/4/2020 09:56

President Trump: 'We're Paying People Not To Go To Work'


Topline: A few days after saying the United States would have "a very tough two

weeks" as the White House predicted up to 240,000 deaths from the COVID-19

coronavirus even with full mitigation policies, President Trump was back to his

message that the country needs to open as soon as possible, saying "We don't want

to be doing this for months and months and months."


•Trump echoed the statements he made regarding the administration's "aspirational"

goal of opening the country by Easter before pushing that to April 30, further

saying "We're paying people to stay home. Think of it, we're paying people not to

go to work. How about that? How does that play? And they want to go to work by the

way. They don't want money."

[xxxxxy] 05/4/2020 09:45

373Professor Self believes with the appropriate funding and support for the remaining stages of research and development, the first form of the test could be available for production within three months.He told the Telegraph: "Three months may seem like a long time at the moment but we have to look at this as part of a broader picture. This virus is not going anywhere fast and so we have to prepare ourselves for possible further waves of this, and also of course, other viruses that will appear in the future."Even if we were in a position to carry out mass swab testing right now for Covid-19 this would not identify all of those who are possibly infecting others in the early stage of their illness."What the neopterin test provides us with is a very early indication that someone has an infection. It would be a complimentary test in conjunction with other testing regimes and would allow us to take a belt and braces approach to managing the disease."

[xxxxxy] 05/4/2020 09:42

True. There is no vaccine. And indeed they may never be in the future. But there is Nature's Vaccine. And that has zero to do with Labour.

[madmonkflin] 05/4/2020 09:41

Amazing how labour voters forget how appallingly bad their candidates and philosophy was in the Thatcher years. Was refreshing to see a return to those years with Corbyn.

[xxxxxy] 05/4/2020 09:39

And the stock of non-performing loans was three-times higher than the US and four-times Japan. So, as Draghi left, the eurozone's banking sector was already a tinder box, ready to ignite – with attention focused on Italy, where around a tenth of bank loans are bad and government debt is 140pc of GDP.The eurozone as a whole, though, represents the world's largest concentration of systemically important banks. That's why the single currency crisis of the early 2010s sent financial markets everywhere haywire. And that's why the eurozone represents the single biggest danger to global financial stability.htTps://www.telegraph.co.uk/business/2020/04/04/eurozone-biggest-threat-financial-stability/

[bargainbob] 05/4/2020 09:28

Was it Soup Ken ?

Maybe it had your name on it .

[maxk] 05/4/2020 09:09

Any of you lot got access to the Torygraph site?





British scientists develop new early warning Covid-19 test

The new test would let me people know they had been infected before they started to show any symptoms

By
Martin Evans,
CRIME CORRESPONDENT
4 April 2020 • 9:25pm

[stonedyou] 05/4/2020 09:05

ADB experts warned in the bank’s annual economic report that the global cost of coronavirus will be up to $4.1trillion.

The figure amounts to 4.8 per cent of the entire world’s economy, much worse than they initially feared in the early days of the pandemic.

Published in the Asian Development Outlook 2020, the new prediction comes as the US and Europe have become the epicentres of the outbreak.

The bank warns of “unprecedented economic disruption” ahead.



More than one million people have been confirmed to have the virus which has killed almost 60,000 victims since originating in China.

Experts fear the worst is still yet to come, with the US taking the leading with the highest case count in the world with more than 275,000.

Despite the figure of $4.1trillion, ADB officials also said the number could still be an “underestimate” due to knock on impacts such as collapsing supply chains and social crises.

[kenbachelor] 05/4/2020 09:04

A box of food was left in our porch yesterday afternoon, and we've got no idea where it came from.

Is the government delivering food to all the old crumblies?

[wllmherk] 05/4/2020 08:37

The position of the Government and supervising agencies is inconsistent. On the one hand banks are effectively forced to cancel dividends to maintain solvency, but, on the other, they have to give out loans on a wing and a prayer.

EI, in answer to your question, I'd say no, LLOY is one of my largest holdings but, there is too much interference from BOE, PRA and Gov. Safer plays at present for my cash so I won't be topping up anytime soon.

wllm

[xxxxxy] 05/4/2020 07:35

Boris Johnson refuses to bow to pressure to extend Brexit transition period

BORIS JOHNSON has refused to bow to pressure to extend the transition period before completely ending EU jurisdiction in Britain. A senior source in Downing Street has insisted that there is "no movement" on the date the transition period ends which was set in law with the Withdrawal Agreement Bill.

By DAVID MADDOX AND DAVID WILLIAMSON

Daily Express

[xxxxxy] 05/4/2020 07:23

Maximum protection to those really vulnerable eg those on immunosuppressant treatment. And the rest of us get on with our lives. Kill the economy and the NHS is dead the day after. End of.