Lloyds Banking Share Discussion Threads

[scruff1] 22/5/2020 09:17

Ianood
I'm not that well informed really. But I think Switzerland is in a different position to us. I believe they use interest rates to keep the value of the franc down. Not something we really need to fret about for the GBP. It's also been used in some countries to get banks to lend more to stoke inflation. Not sure why that would work here when banks are being forced to lend anyway. Anyway have faith in the Old Lady !!

[gotnorolex] 22/5/2020 08:59

What happened to your quest for 45p?

[montyhedge] 22/5/2020 08:51

19p here come, it's a dog, not only a dog a dog with fleas.Negatives interest rates final straw if we get it from BOE.

[diku] 22/5/2020 08:40

He laughing all the way to his bank...

[maxk] 22/5/2020 08:36

The ol nag might be in trouble.

But dont worry, António is doing ok.

[bargainbob] 22/5/2020 08:29

More demand for their products , though leading controls will need to be tighter.

Funny enough now is the time for PPI lol

[bargainbob] 22/5/2020 08:22

The CEO is leaving there looking for a replacement before next AGM.

[portside1] 22/5/2020 08:16

Less than. 48% voted in favour of the directors remuneration

[portside1] 22/5/2020 08:12

Well I posted weeks ago. LLOY fair value 28.the ceo must be removed he is a fraud

[utrickytrees] 22/5/2020 08:12

Lloyd's will get hammered at every turn. Covid 2nd wave, impairments, national debt, unemployment figures, house prices. Its Fkd.

[xxxxxy] 22/5/2020 08:10

So things cannot continue like this. End Lockdown. Those who feel vulnerable and actually vulnerable should stay in and safe there. The rest of us should continue with our normal lives. If uncertain go and get tested, because you may have had the virus and so worrying unnecessarily. Superdrug offering test. I've bought one. Let's get the economy going again and we all apply COMMON SENSE. Need compassion for those who are imprisoned and the children unnecessarily not being exposed to other aspects of immunity that may be required later. Let's have common sense rather than fear.

[buywell3] 22/5/2020 08:09

It's only money

Soon banks might be charging you to keep it for you

[brianp14] 22/5/2020 08:09

Th public sector pensions require dealing with. This has been my mantra for years. Joe Public has no clue as to the cost of this pa. Hmrc, local councils, the military, central & local govt, various quangos, the judiciary, career MPs & sorry the NHS.I am not tslking about Doris the cleanet or Beryl the dinner lady there is a large tranche who have & are earning 40k+ for a chunk of their working lives.A good proportion retire at 55 take their lump & then on the life of reiley. I have many personal examples across sectors. Some of these schemes were even non contibutory some on a sliding scale but with v large employer contributions of anywhere from 12 to 23% on a sliding scale.The baby boomers in this group who have had it all including need to pay back some of this life reiley like a 25% haircut. Just because they decided at 18 or 30 to work for the public sector should not mean they can have whilst others have done no different have not.You could add billions pa to the saving. Unprecedented times require unprecedented action.The only thing is that no govt has the balls to do this. We are all not in the same boat just the same raging sea. I hate this because many who say this are Im alright jack. Hypocrusy at its worst.

[xxxxxy] 22/5/2020 08:01

And here's the morning's other eye-popping economic stat: the ONS predicts Government borrowing will have surged to £62.1bn in April – the highest level on record.Stunningly, the budget deficit figure equals the total borrowing for the whole of last year, as Chancellor Rishi Sunak unleashes fiscal relief on a scale Britain has never seen before. Even at the height of the financial crisis, monthly borrowing never exceeded £22bn.Daily Telegraph

[patientcapital] 22/5/2020 07:30

Or infect others which is the most offensive aspect to that way of thinking.

[azalea] 22/5/2020 07:27

Who cares if people who go to pubs and mingle and get infected with the killer virus, as long as the infected don't go running to their nearest hospital expecting NHS workers to risk their own lives trying to save them.

[xxxxxy] 22/5/2020 07:14

Sarah Redpath22 May 2020 7:00AMCoronavirus managed to travel from China so I don't think even 2 meters distancing will be given any credence by the public for long.LikeReplySomerset Boy22 May 2020 5:18AMagree 100% LikeReplyJames Barr22 May 2020 1:35AMDrop the social distancing BS. If people want to go down the boozer, let them go. It's none of the government's business. If the scaredy cats are scaredy, then don't go to the pub. It's terribly simple. Turning the UK into a giant 'safe space' is madness.3LikeReplyTimothy Boler22 May 2020 2:01AMNot for those who want to subvert and control the British people!

[xxxxxy] 22/5/2020 06:59

And maybe reconsider HS2

[xxxxxy] 22/5/2020 06:58

Public spendingBy JOHNREDWOOD | Published: MAY 22, 2020It is right for the government to cushion individuals and businesses temporarily losing their incomes owing to the lock downs. It is right for the government to provide a fiscal boost to offset some of the massive deflationary forces unleashed by the global anti virus policies. It is not right to waste public money or add to the burden of the debt with marginal or unwise spending.So I renew my list of spending reductions that are even more needed now, given the state of public finances.Reduce overseas aid spending. It will exceed the 0.7%  of GDP legal requirement this year given the fall in GDP unless it is reduced. Start by taking £1bn off plans.Improve collection of the charges for use of the NHS by overseas visitors. It is a National, not a Global Health Service. Possible £400 million extra.Cancel HS2 saving up to £100 bn over a period of yearsToughen enforcement against people trafficking to cut the costs of illegal migrants.Insist on leaving the EU at the end of the year with no further payments to them. Savings of £1bn a month thereafter.Stop Councils building property asset portfolios based on low cost public borrowing.

[buywell3] 22/5/2020 03:58

They might go bust one would imagine

[ianood] 21/5/2020 23:17

scruff1 - How come Switzerland thrives on negative interest rates then?

[diku] 21/5/2020 23:01

What about Butlins?...

[diku] 21/5/2020 22:48

They might not get the bonus but don't they the freebie shares?...and those shares are worth something...water tight contracts...