Lloyds Banking Share Discussion Threads

[k38] 21/4/2020 16:44

So..Last week Trump said, states will decide when and how they will end the lockdown, yet on the other hand encourage people to end lockdown.Today in all states in USA, because of Trump and in Europe as other parts in the world people are demanding no more lockdown. Is he stupid or he follow orders.You decide!!

[xxxxxy] 21/4/2020 16:39

The Government has promised PPE supplies for NHS workers will not run out, as discussions arise over supply sources for general public if mask wearing becomes mandatory. Meanwhile Trump bans all immigration to America and oil bounces back from historic fall.Parliament returns but under new social distancing rules: Later today MPs will return to parliament with new measures in place to keep them safe after an extended Easter recess. It's not business as usual though, as only a small number of MPs will be present whilst socially distancing, and the rest will take part via a now all too familiar Zoom call. Screens have been installed to take questions from those working remotely, however MPs have been given a strict dress code so unfortunately we won't get to see Jacob Rees-Mogg in his pyjamas.The House of Lords will also meet via video call although opting for Microsoft Teams instead of Zoom means their debates will not be televised. Sir Keir Starmer will also go ahead with PMQ's tomorrow, despite Boris Johnson still being at Chequers recovering from Coronavirus.Government dismisses warnings of PPE shortage: The Government has promised the country will not run out of vital PPE for health care workers amid warnings there could be a shortage of facemasks if the public are advised to wear them. Later today the government's scientific advisors will meet to discuss whether or not they should advise the public to wear masks to limit the spread. The advice from the World Health Organisation is that they do not recommend members of the general population wear facemasks, however some now believe this advice should be overturned and that they do actually help reduce the risk of passing the virus between individuals. Matthew Lesh and our Chairman Shanker Singham responded to the story stressing that the public will largely use cotton masks, that supply will increase over time and that the supply chains used by the NHS are different and will not be affected if the Government urges the public to start wearing masks. Shanker also states that "countries that mandate mask wearing outside have lower levels of the disease."French authorities have already announced they will provide masks to people when their lockdown starts to be eased next month but some fear any change in advice in the UK could contribute to a shortage for NHS workers. Chris Hopson, chief executive of NHS Providers has said "There needs to be clear evidence that wearing masks, along with other measures, will deliver significant enough benefits to take us out of lockdown to potentially jeopardise NHS mask supply."British firms forced to supply EU hospitals over NHS: Many may be angered by reports of millions of pieces of PPE are being shipped from British warehouses to supply hospitals in the EU after firms said they had 'no choice' but to keep selling abroad after their offers were ignored by the Government. The calls for a 'national effort' by No 10 seem to be getting answered but with concerns of a PPE shortage covering many of the front pages, news that vital equipment is being shipped to the likes of Germany, Spain and Italy will not please those worried for staff safety. Last month the EU imposed an export ban on some medical equipment to keep supplies within the bloc but with UK firms failing to make headway with the authorities, PPE is being sent there instead. The government is quick to note the global supply shortage, but British companies are stating "We stand ready to prioritise our British customers if given the opportunity to do so."Cure worse than the cause?: With pressure mounting on the government to discuss publicly an exit strategy, Carl Haneghan, director of the Centre for Evidence-Based Medicine at Oxford University, said that the impact of the lockdown was "going to outweigh the damaging effect of coronavirus". This news comes as some have suggested the Prime Minister's life threatening experience may have changed his approach to the lockdown, while former environment secretary Theresa Villiers warned if the lockdown went on too long, the economic damage would be 'catastrophic'. However the government have always maintained they will not ease the lockdown without a clear go ahead from their scientific advisors. Focus turns to economic recovery: With the peak passed or at least almost passed, countries have been looking to plan the easing of lockdown rules and a successful economic recovery. After yesterday's announcement of Rishi's 'Future Fund' for high-growth companies in the tech sector, Anthony Persse, Financial Solutions Director at bePayd has highlighted Fintech as a sector that will play a key role in the economic recovery as it continues to see investment despite the pandemic, which he says is testament to its 'nimbleness and sustainability' also stating "Open banking, cloud accounting and other forms of technology that open up data and enable speed and simplicity to flourish could help to solve new problems created by coronavirus." It is clear, as new cases drop in the UK, solutions to the economic fallout will be needed and Fintech may play a key role in helping Britain bounce back.Trump suspends all immigration to the US: With the virus continuing to spread across America, Trump continues his fight against the 'invisible enemy' by suspending all immigration to the United States. The temporary order was announced on Twitter by the President and will make use of his presidential powers in the form of an executive order. Democrats were quick to condemn the measure with presidential candidate Julian Casto saying "You cut off immigration, you crater our nation's already weakened economy," however it's worth remembering the same condemnation was forthcoming when Trump announced his ban on all travel to and from China earlier in the pandemic. Oil prices back in positive after historic fall: Last night US crude oil turned negative for the first time in history, after there were fears that storage capacity could run out in May. Lockdown measures across the globe have caused a huge slump in demand and as a result oil firms are having to store surplus supply. Producers were paying people to take the oil off their hands to avoid incurring the cost of halting production or finding their own storage. We have since seen the price bounce back into positive territory. The FTSE 100 was down 1.7 per cent partly due to the historic oil price drop and partly due to Trump's new immigration ban. The political effect of COVID-19: William Hague has an article in the Telegraph today arguing that 'global tensions, economic policies, political ideas and new technologies – are being sped up'. He looks at the eurozone and its reaction to the crisis and how the pandemic has blown open the fundamental chasm between the likes of Italy and Germany. The bloc's handing of the crisis could go some way to explaining yesterday's Bloomberg poll that asked 'In hindsight, do you think Britain was right or wrong to leave the EU?' and saw a 5 point jump in those who believed it was the right decision. Hague notes other political tensions including the relationship between America and China that are clearly being exacerbated by coronavirus.China's embassy in Berlin has entered into a strange row with best selling German tabloid Bild, publishing an editorial titled 'What China owes us' calling for reparations of £130 billion for damage caused by COVID-19. The Chinese embassy hit back with an open letter calling the style of the campaign 'prejudice, xenophobic and fuelled by nationalism' only for Bild editor, Julian Reichelt to double down with a response that stated "China's greatest export hit (that nobody wanted to have, but which has nevertheless gone around the world) is Corona." It seems China may be working to repair its image long after the pandemic eases, with many now resisting China's influence or condemning their handling of the outbreak.On our site today: Today's article comes from Joshua Mackenzie-Lawrie, a Senior Research Executive at cross-party, eurosceptic campaign, Get Britain Out. His article argues that Britain cannot agree to 'level playing field' terms during negotiations as it would give control to Brussels and hurt plans for a 'Global Britain'. You can read the full article here.For the latest news and developments throughout the day, please do follow @GlobalVision_UK on Twitter.Thanks for reading, and enjoy the rest of your day.

[k38] 21/4/2020 16:33

The truth will soon be revealed. Everything sounds ridiculous or impossible to start with. I am happy you agree even it's sound so "ridiculous"....

[aljm] 21/4/2020 16:30

i havent watched UK MSM for months, possibly years, they couldnt tell the truth it their lives depended on it

[k38] 21/4/2020 16:25

I give up watching BBC news... they are so useless. Watching RT & ALJAAZEERA news and if you are an independent mind you can see the future.

[aljm] 21/4/2020 16:20

there is evidence that could suggest it was made in the US

[k38] 21/4/2020 16:19

Technology is not about to discover and improve our lifes put a way to control the population.

[smith99] 21/4/2020 16:19

An absolute ridiculous post. unfortunately as ridiculous as it is I totally agree with you.

[aljm] 21/4/2020 16:18

no doubts about being man made, but where ? that is the big one, was it made in the US ?

[k38] 21/4/2020 16:17

So, gentleman.Every day evidence points the finger to laboratory design virus. Day by day we are losing our privacy and people's power. Welcome to the new way of human control and eventually to slavery, new world order!

[aljm] 21/4/2020 15:46

thought this was going to drop more than it has today, done ok holding this level

[ignoble] 21/4/2020 15:22

All coming crashing down like a deck of cards...
Possibly or maybe not

[crossing_the_rubicon] 21/4/2020 14:52

@Maxidi

Yep I remember the BCG jab as if it were yesterday!!!
Although it was a long long time ago

As to economy, we're too indebted already,and were in 2008.
It is now multitudes worse.

A bit more debt wont stop the tsunami coming our way.

[patientcapital] 21/4/2020 14:26

In fact the Saudis have continued to aggressively discount their oil for their target Asian markets where demand has remained reasonable compared with in the West.

[mikemichael2] 21/4/2020 13:11

China and US seem to be busy!!

[minerve 2] 21/4/2020 12:54

It seems like the turnips have shot themselves in the foot. LOL

Keep pumping chaps. -c$34 dollars LOL

[maxidi] 21/4/2020 12:37

The Russians have said they will turn the oil tap down as they can't sell or store any more and Saudi must be in the same position. The U.S. can't stock pile any more and the future of all electric cars, motorbikes, planes and boats means an awful lot less oil will be required and ATM covid is not helping. A new era is upon us it seems.

[maxidi] 21/4/2020 12:28

Trouble with too much lockdown will be an economy that will be stuffed and more debt.

[xxxxxy] 21/4/2020 12:27

185.Vaccine may not happen. Really. Not everything has a vaccine. And the mutation too.Time to move on and most, very much most will survive.Darwin isn't going away anytime soon Run but no-one can hide..

[ladeside] 21/4/2020 12:12

That would make most sense Tygarreg and I don't really see any other way being honest.

[mikemichael2] 21/4/2020 12:12

I think they will get a vaccine before next year.

[tygarreg] 21/4/2020 11:58

I wonder, now they have the hospitals, the ventilators. Build up stores of ppe. Then relax lockdown and allow mass infection for phase 2. Then lockdown and repeat cycle until herd immunity achieved.Or keep lockdown and try to starve out the virus? That will leave economy stagnating until vaccine next year.