Lloyds Banking Share Discussion Threads

[ianood] 10/4/2020 19:31

Buy IT's in preference to UT's - they just get charged as equities. Also you don't get gated.

[maxk] 10/4/2020 19:21

Long-standing Europhile Guy Verhofstadt has argued for “a common European approach”. Writing for Politico, Mr Verhofstadt argued: “We should use this crisis to forge a more united and stronger Europe.” He added: “If we’re to overcome this storm together, it has to be as one union — not 27 individual countries.” Eurosceptics may fundamentally disagree with Mr Verhofstadt’s politics and believe the EU is doomed to failure, but one has to admire his consistency and logic: either the EU is a union or it isn’t one. If it isn’t one, why did the European project not stop with EFTA?



Why indeed?

[dr biotech] 10/4/2020 19:05

I use Halifax. Platform fee at HL was costing me 300+ a year. Use IG too for trading if I feel the need to short.

[freddie01] 10/4/2020 19:01

Support for eurozone rescue deal sparks backlash in Italy

[maxidi] 10/4/2020 18:33

"Countries with mandatory policies to vaccinate against tuberculosis register fewer coronavirus deaths than countries that don't have those policies, a new study has found."

[xxxxxy] 10/4/2020 18:23

More loans agreed in EU Covid-19 aid – but Germany kicks the Coronabonds can further down the roadApril 10, 2020By Jonathan SaxtyEUROPHILES WILL HAVE their fists in the air this morning, after a €500 billion loan deal was struck between Eurozone finance ministers last night. While so-called "Coronabonds" – or shared debt issuance between EU member states – were predictably not part of the package, finance ministers agreed to recommend a €100 billion loan plan for unemployment benefits, €200 billion in loans for smaller businesses, and €240 billion in loans for EU countries to draw on from a bailout fund. The package is made up of loans which national governments will have to repay. But how will they repay them? The Eurozone moves into deeper debt without any plan of how to fund repayments. All that could be agreed was to look at this again later – with Germany, the Netherlands and a few others unwilling to underwrite the indebtedness of fellow Eurozone member states."We either sink or swim together," Eurogroup President Mario Centeno tweeted before the meeting. How much solidarity the southern Europeans will feel from their northern neighbours remains to be seen. As the BBC's Katya Adler put it: "The bloc is not about to disintegrate but scars will remain in countries that felt the chilly absence of EU solidarity in their hour of Coronavirus need."Whether one sees the latest EU 'deal' as success largely depends on interpretation. As Ms Adler wrote: "So is the EU fit for purpose? That depends which purpose. If the main focus of membership is being part of the lucrative single market, then yes, the European Union is fit for purpose. But if it's an all-for-one-and-one-for-all kind of union, then the Coronavirus crisis has found the EU lacking."This gets to the heart of the matter – is the EU a union or not? Why have the trappings of a sovereign state – rather than a mere intergovernmental talking shop – if you are not going to behave like one?As Matina Stevis-Gridneff wrote for the New York Times: "Throughout its history, the European Union has refused to issue joint bonds, but the size and scope of the current crisis had led some analysts to think the bloc might be willing to back the idea this time, which would have represented a major step in bringing it closer to becoming a United States of Europe. Pooling debt was foundational to the creation of the United States, and it would be considered a momentous step in the bloc's governance structures moving toward federalism."Common debt issuance – blocked by the wealthier northern European and Germanic countries like Austria, Germany and the Netherlands – seems firmly off the table, despite the pleas of southern countries suffering most from the pandemic. As Ms Adler concluded: "the Covid-19 crisis could have been a key moment to prove nay-sayers wrong", however "EU actions thus far have added fuel to the Eurosceptic debate".The staunch refusal to concede to Italy seems reckless considering the Eurozone's third largest economy is growing in Euroscepticism (alongside most of Europe's south and east). According to the EU's own polling in 2019, only 49% of Italians would vote to stay in the EU. Moreover, as Ms Stevis-Gridneff pointed out, while this agreement and member states' own packages are sizeable, it is "hard to assess whether it will be nearly enough to help European economies withstand the fallout from the health crisis". Politicians from each country have a domestic audience to play to. Will Italians and Spaniards think the package goes far enough, and will some politicians in Italy and Spain capitalise on disaffection? Will Dutch and German electorates feel the package goes too far? Defenders of the latter position often point out that northern Europeans shouldn't have to transfer their taxes to other parts of the EU – which is rather like saying London and the South of England shouldn't have to transfer funding to the rest of the UK if needed, or Texas pay into a pot that helps Alabama. As Silvia Amaro wrote for CNBC, there are three reasons for Dutch and German opposition to Coronabonds: firstly, populist and anti-EU parties at home; secondly, fragile coalitions; and thirdly, the European Central Bank's stimulus. Of course, anti-EU parties and coalition governments are unlikely to go away. Meanwhile – as Ms Amaro wrote – "the ECB oversees monetary policy across the 19 countries that share the euro, while the different capitals retain powers over fiscal policy".Long-standing Europhile Guy Verhofstadt has argued for "a common European approach". Writing for Politico, Mr Verhofstadt argued: "We should use this crisis to forge a more united and stronger Europe." He added: "If we're to overcome this storm together, it has to be as one union - not 27 individual countries." Eurosceptics may fundamentally disagree with Mr Verhofstadt's politics and believe the EU is doomed to failure, but one has to admire his consistency and logic: either the EU is a union or it isn't one. If it isn't one, why did the European project not stop with EFTA? One can imagine EU federalists claiming it was because national governments had to answer to national electorates that they showed a lack of European solidarity. What better reason – one can hear them say – for having one common 'European' government with one common 'European' electorate. The fact anti-EU parties and coalitions are otherwise likely to remain permanent features of life in European countries will add to this argument, no doubt.With this latest package, the EU has put the day of reckoning off once again. But, with Italy in particular, the bloc is playing with fire. The Eurosceptic country largely remains in the economic straitjacket of the Eurozone for fear of the economic consequences of leaving. If Italy faces full financial collapse – and Spain with it – that fear will have disappeared. There will then be nothing to lose.The EU lives another day but the clock is surely ticking.Jonathan Saxty is Assistant Editor of Brexit-watch.org and an entrepreneur based in London. Educated at LSE and Cambridge, and called to the Bar as a double scholar at Lincoln's Inn, he is an entrepreneur with a passion for improving peoples' lives. Jonathan's particular area of interest is Britain's long–term geopolitical and economic future after Brexit. 

[maxidi] 10/4/2020 17:57

ENCORE..... NO DEAL!!

[xxxxxy] 10/4/2020 17:55

Is there any point in negotiations with the EU. It may not be there long.htTps://www.google.com/amp/s/www.express.co.uk/news/world/1267632/EU-news-eurozone-rescue-package-finance-economy-netherlands-italy-france-coronavirus/ampAnyway. NO DEAL

[maxidi] 10/4/2020 17:53

xxxxxy.

Let's hope it's taken notice of.

[xxxxxy] 10/4/2020 17:40

127So many reasons never to vote Labour.

[maxidi] 10/4/2020 17:27

Steve Hedley, assistant chief of The National Union of Rail, Maritime and Transport Workers.... Said he hopes Boris dies of corona virus and the Tory cabinet with him.

NICE!!! Just shows what a warped mind the lefties have.

[scruff1] 10/4/2020 17:21

Cheers pete. Appreciated. I actually use HL myself but like to keep looking around. Have been with a few over the years. Was just wondering what others thought and whether a change could be in order.

[maxidi] 10/4/2020 17:15

I'm so glad I closed my French bank accounts. I don't trust the euro anymore and with the new poll in Italy saying 69% of Italians want to leave the EU and 13% don't knows it doesn't look too good for Brussels.

A friend in France can't sell his house and it's almost half the price he paid for it 10 years ago. Been on the market for 2 years. We were fortunate to have sold ours 6 years ago at a reasonable profit.

[maxidi] 10/4/2020 17:01

Merkle said 'Nein' to 'corona bonds' and she must be obeyed or else.

[utrickytrees] 10/4/2020 17:00

He leads with his chin Pierre.

[pete160] 10/4/2020 16:46

HL. Too expensive for funds. In with the others re. Cost for dealing and finding shares, and once of the best I've come across for support, website and mobile app.Just my two penneth

[maxidi] 10/4/2020 16:28

Alphorn
10 Apr '20 - 16:20 - 300118 of 300119 (Filtered)

[maxidi] 10/4/2020 16:26

ALPHORN....

DITTO. You stuck up, pompous cretin.

[alphorn] 10/4/2020 16:20

maxidi - Reflect on my advice. Filtered.

[utyinv] 10/4/2020 16:20

Alangriffbang,

Post 0090, Pierre was agree with you. :) It’s just his satirical side playing with words.