Lloyds Banking Share Discussion Threads

[mr.elbee] 28/4/2020 14:11

Napoleon was extremely competent and adored by his troops

the EU?

[nemesis6] 28/4/2020 14:07

He said TW. not TLW

[bbalanjones] 28/4/2020 13:58

He's probably checking the engines afterburners . . . . a long push to 75p!!!!

[aljm] 28/4/2020 13:55

34p today then ??

[1carus] 28/4/2020 13:53

I missed the TW. Whoosh, didn't want to miss this one. This might end up being the better Gambit.

[stonedyou] 28/4/2020 13:47

Will the new Bank of England funding scheme that gives banks access to billions of pounds of cheap cash result in savings rate Armageddon?


•The Bank of England announced its new Term Funding Scheme last month

•Recent figures found £6bn was handed out in just one week

•Experts believed big banks who pay the worst rates would have taken the money

•The scheme allows banks to access billions in cheap money - so will it mean they don't need savers' cash?


A Bank of England scheme designed to provide banks with cheap money to lend to small businesses has handed out an enormous £6billion in its first week, official figures reveal.

In an announcement which revealed the speed and scale of the economic crisis caused by the coronavirus, the sum pumped into banks in the first week of the new Term Funding Scheme was just under a third of the £20.7billion its predecessor handed out in its first six months following its launch after the Brexit vote in 2016.

The news Britain's central bank was restarting the scheme, which opened for applications on 15 April, in conjunction with a base rate cut to a record low of 0.1 per cent, led to fears already low savings rates could collapse over the next few months.

[bargainbob] 28/4/2020 12:57

Where is Uncle Arthur we cannot hold it .

[bargainbob] 28/4/2020 12:56

Uncle Arthur where r u ?

[bargainbob] 28/4/2020 12:54

Cannot wait till the k38p party hopefully this week.

[bargainbob] 28/4/2020 12:45

Goldman Sachs must have Lloyds in their sights .

Did you see the volume last week.

Expecting 38p this week.

[k38] 28/4/2020 12:25

I am not worried about Lloyds. Very healthy and strong base at 30 to 33.5pLloyds is the strongest bank out there and I expect to break the 34p end of this week and starting next.

[xxxxxy] 28/4/2020 12:23

12. Not4EU, London , Monday, April 27, 2020, 14:53:It was a clever move to tie our demands to similar existing agreements that the EU have already made. Having read the appalling WA, and seeing the legalese 'best endeavours', it was clear that that would be the new 'stick' that the EU had every intention of using. Instead, it can be clearly seen that it is the EU who are failing in its 'best endeavours'.I should feel sorry for Barmier, but I don't. He is only allowed to negotiate within the narrow parameters set - which basically only allows him to agree British acceptance of EU terms only. That is not a negotiator. It is a problem of the EU's own making, such that the British have had to ask the Heads of State to intervene to 'unblock the impasse' by changing his remit. It all just demonstrates that they just expected the Brits to concede in every topic as previously agreed.I recall the last time that we got a similar reaction, after the powerpoint presentation detailing why we didn't owe a eurocent. We all know what happened next. Is it a show for the sheep? We are watching.As for standards, we could revert to the British fire standards which would have prevented disasters like Grenfell. Instead we lowered our standards to the EU's. Then again, the Council could not have bought cheaper substandard EU approved cladding.

[chavitravi2] 28/4/2020 12:23

Plus the none payment of direcector pay rises, bonus and freebie shares. Or is that too much to hope for!

[gaffer73] 28/4/2020 12:21

Good point.

[poikka] 28/4/2020 12:14

I filtered Alphorn a long time ago, because she's a stalker - apart from my dislike of her trolling characteristics.

[bbalanjones] 28/4/2020 12:06

Viva Lloyds "Coop" got 360k of them tucked away. Added to Weir Group early this a.m. Perhaps the corner has been reached.

[bargainbob] 28/4/2020 12:06

Lloyds divi should cover it gaffer.

[gaffer73] 28/4/2020 12:00

Deutsche Bank have set aside 500m Euro so I'd expect lloyds to set aside less than that.

[maxk] 28/4/2020 11:57

Robbed from the RBS thread..h/t to pf



polar fox 28 Apr '20 - 11:37 - 156005 of 156006
0 0 0


The CBI's latest Retail Survey just issued. -55!

Additionally:

Coronavirus special questions | Retailers (% of respondents, weighted)

67% of retailers reported the COVID-19 outbreak as having a significant negative impact on their domestic sales.
39% of retailers reported a total shutdown of UK activity due to the outbreak. For the distributive sector as a whole, this figure rises to 44%.
44% of retailers reported temporary staff lay-offs, whilst 8% reported permanent staff lay-offs. For the distributive sector as a whole, this rises to 59 59% laid-off temporarily, and 16% of staff laid of permanently.
96% of retailers reported cash flow difficulties, with 40% facing difficulties meeting tax liabilities. 31% of retailers also faced constraints on the availability of external finance.
Retailers also reported other supply impacts, including shipping delays of goods (40%), shortages of goods (39%) and increased cost pressures (47%).
more...

[stonedyou] 28/4/2020 11:56

Small firms eligible for 100% government-backed loans



UK government has unveiled new support for the nation’s smallest businesses under which they will be able to access 100% government-backed loans of up to £50,000 (US$62,000), but trade bodies argue ministers could have gone further.

Chancellor Rishi Sunak announced the new fast-track Bounce Back Loan scheme yesterday (27 April), which will allow businesses to borrow between £2,000 (US$2,490) and £50,000, and access the money in a matter of days.

It has been designed to ensure companies that need “vital cash injections” to continue operating can access funds quickly, and comes in addition to the £6 billion (US$7.7bn) awarded in business grants that are supporting four million jobs through the Coronavirus Job Retention Scheme.

The UK government will provide lenders with a 100% guarantee for the loan and pay any fees and interest for the first 12 months. No repayments will be due during the first 12 months.

Sunak said: “Our smallest businesses are the backbone of our economy and play a vital role in their communities. This new rapid loan scheme will help ensure they get the finance they need quickly to help survive this crisis.

[minerve 2] 28/4/2020 11:55

aljm

If you are a Lloyds shareholder you should know these things. Take your nappy off and grow up.

[nemesis6] 28/4/2020 11:54

THIS Thurs