Lloyds Banking Share Discussion Threads

[poikka] 20/6/2020 12:08

Fear not, Minnie, I believe she's now ditched it.

[bargainbob] 20/6/2020 12:00

Met her and Jayzee in a hotel in Portugal . Penha Longa Resort Recommend the place.

[dexdringle] 20/6/2020 11:41

....call Bill Gates ?

[minerve 2] 20/6/2020 11:31

Beyoncé has released a surprise new song, Black Parade, hours after announcing a new initiative to support black-owned businesses.

The track includes powerful lyrics about black history, police brutality and the George Floyd protests.

"Put your fists up in the air, show black love," sings the star. "Need peace and reparation for my people."




Oh FFS!

[mikemichael2] 20/6/2020 10:50

My computers been taken over by microsoft edge, how do i get rid??

[diku] 20/6/2020 10:07

How many of those brokers got their original price targets correct let alone the future price targets....price targets are for in an ideal text book conditions...unfortunately too many variables out there at any given time...it is a play thing tool attached to the markets...

[alphorn] 20/6/2020 09:26

mm2 - pleased to hear that. Have all the XP systems now at least gone? It was dreadful to hear how much neglect in some of the admin systems.

[diku] 20/6/2020 09:03

300 years??...what I do see is plenty of gleaming new top end cars on the road...where is this recession?...





According to the Bank of England, the UK economy is currently facing its worst recession in 300 years. In April, it contracted by 20.4 per cent compared to the previous month. In addition, the latest Office for National Statistics’ report showed the number of people claiming work-related benefits spiked 23 per cent to 2.8 million in May.

[mikemichael2] 20/6/2020 09:02

My son has been working from home on updating computer links for the NHS trusts, they use Microsoft Teams and works harder than when he went into the office. The NHS is coming out of years of neglect and lazy office staff.

The small private company he works for is years ahead of anything in the NHS.

[maxk] 20/6/2020 08:59

This story is behind a paywall: Anyone know the impact on the ol nag when the freebies come to an end?




Almost two million homeowners take mortgage holidays

One in six mortgage customers have made use of the Government's relief scheme for payments during the pandemic

By
Adam Williams
19 June 2020 • 2:59pm

[diku] 20/6/2020 08:47

It will make people even more lazier...next you will hear is that children will not want to go to school either...






Real work, not possible to do real work from home.

Now everyone sits around on their elbows staring at a screen and they call it work.
"Efficiant working from home'. pause for laughter.

Not real work at all, just a method of circulating money in an automated digital age where there are fewer real jobs.

[freddie01] 20/6/2020 08:39

Lloyds share price forecast: does the UK banking sector stand a chance of recovering?

[xxxxxy] 20/6/2020 08:09

The French attack the Brexit British, hours after Macron enjoys British hospitality'We won't give in to the British,' says French Europe Minister live on air,after her boss' day with Boris & Prince Charles?© Brexit Facts4EU.Org 2020"Teek-tock" from Michel Barnier, yet France's new Europe Minister now wants to stop the clockBrexit Facts4EU.Org reports on what the French government really thinksYesterday, on the morning after French President Emmanuel Macron was in London being given a Royal welcome by Prince Charles and a Prime Ministerial welcome by Boris Johnson, President Macron's Secretary of State for European Affairs was attacking the British live on French radio.On Friday, just after her boss had spent a day enjoying British hospitality, France's European Minister, Amélie de Montchalin, launched another assault on the British over Brexit.Speaking in a live interview on France's "Europe 1" radio station she accused the UK of exerting time pressure and expecting the EU to yield to it. She also implied that the UK would not survive a second Coronavirus wave without being under the protection of the EU.BREXIT FACTS4EU.ORG SUMMARYExcerpts from interview with France's Secretary of State for European Affairs, 19 June 2020?© Europe 1 radio"We will not give in to this time pressure, to this final sprint that the British want to impose on us, hoping that we will yield""We want to protect our businesses, our fishermen, our farmers""Those who most need an agreement are the British"'UK won't bear second wave of Coronavirus without the EU,' claims Amélie de Montchalin"They cannot bear a second shock after the epidemic""They will not have access to the safety net that is Europe, nor to the recovery plan"Asked about a no deal outcome she said: "I don't exclude anything"Facts4u.org

[careful] 20/6/2020 07:54

Working from home.

In past times our economy produced coal, at one time out biggest export, made huge ships, cars, aircraft.
Built houses bridges and roads.
Farmers produced food.
Streets were swept, windows were cleaned.

Real work, not possible to do real work from home.

Now everyone sits around on their elbows staring at a screen and they call it work.
"Efficiant working from home'. pause for laughter.

Not real work at all, just a method of circulating money in an automated digital age where there are fewer real jobs.

[gaffer73] 20/6/2020 07:43

Nice little article about Lloyd's but really states the obvious, if the UK economy does well so will Lloyd's share price As I've mentioned before I believe the UK economy will boom as lockdown is lifted and life returns to normal, that's why I'm still buying here.

[freddie ferret] 20/6/2020 02:38

I have been doing a lot of thinking about things.

Right so we have the treasury and BOE, they are printing money. This money is then used to buy back bonds. This is a way of moving this money to the commercial banks and making it look legit, you could call it laundering if you like!
Right this is being done on the basis that the commercial banks will then loan this money back to the government. The government have thus "borrowed" this money, of course with interest rates near zero this money costs the government next to nothing in interest and since it was printed and produced by the government it has cost the commercial banks nothing to lend it.
All very nice.
The traditional argument against printing is that it could cause an uncontrolled hyperinflation aka Weimar Germany. However things are different now, and they are.
We have vast globally unused manufacturing capacity, thus there will be no shortages to cause an inflation, furthermore we are now part of a globalised high tech heavily capitalised economy so free trade will again squash any inflationary pressure.

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What is to be done? To paraphrase Lenin.

We do now have options.

Many are yearning for normality, to resist change, to reembrace our deficiencies.

A large number of our young people become graduates, however there are few proper graduate positions available, and probably fewer still proper openings will be available in the near future (over the next 2-4 years say). So the reality has been and will be a large number of overqualified people becoming bar staff, cafe staff, shop assistants chefs and the like.
So are we once again to have a service economy of bar staff selling beer to cafe staff who in turn sell coffee to the bar staff? Ho hum. All just flavoured water.

One of the effects of Covid that will remain is that large numbers of workers will remain working from home, free from thick supervisors and middle management whose existance has revoloved round bullying and trying to evade innovation.
Home working will have profound effects on the commercial property and transport sectors. It has already been found that many workers are more productive at home.

One of the problems during Covid has been children, both not at school and not at nursery.


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We currently have 9m workers furlowed.
The cost of furlowing and support to the self employed over two months has been £28.4bln.
Terrible, shock horror you say, all borrowed money.
Ho hum.
HS2, a few hundred miles of poxy railway is due to cost us over £100bln.
The British Empire built many thousand of miles of railway in India, all be it on the backs of indian workers. The decendants of those workers are still dependent on those railways today.

However I digress.
We will begin to see how things pan out. Will furlowed workers still have jobs, will their employers founder. Will HMG try to keep afloat those foundering companies? Are HMG frightened of change?

We currently have around 2.8m people claiming the universal credit equivalent of job seekers allowance. The govt has raised that benefit £20 a week.
Sort of, the unemployables are scum but now we are making employables unemployed well they are worth more.
Actually I am being unfair to HMG. The reality is politics a couple of million extra people voting Labour no problem, but millions more????? And if they start demonstrating or rioting, if they start starving or not paying their mortgages??? Or worse still, defaulting on their mortgages????
Ho hum.

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I think it is time to do some sums.
If we were to introduce a universal guaranteed income for everybody, babies children, adults, and pensioners how much would it cost?

Assume £100/wk and 65m people £325bln a year, say three times HS2.

OK so HS2 is a one off. However if many workers are going to work from home and will not be commuting and the tickets for HS2 will have to be expensive, who is going to use HS2????
HS2 was and is a fraud IMHO. It was and is about aiding commuting into London and very little to do with aiding the "north". Again it is contracts for the boys, for large civil engineering companies that are donors to the Conservative party.

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So how do you pay for it? This universal guaranteed income.
The answer is to do as we are already doing.
Print.

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Why? You may ask.
Because it makes sense at this time, in these circumstances.
The choise is to put graduates back into shops, cafes and bars or to finance them at home where they can start their own businesses, persue hobbies, sports or other worthwhile persuits.
Again if we are to have a meaningfull economy then we need to be competitive internationally. Since our competitors are very strong we need to undercut them on costs. China has 5G, it is technologically strong, it has very competitive wage costs with us. We have no choise but to undercut those wage costs.

Our current national minimum wage has to go.

In China the weekly supermarket shop can be had for £3-4.

Our labor market needs to be crushed down to reduce our costs, we need deflation.

Currently many people have to put toddlers with child minders and nurseries this is very expensive. Both partners have to go out to work. With a national guaranteed income only one partner would need to work, the other could mind the children, cook food and so on. Domestic costs would be reduced. People would not need to go out to resturants after a days work.

[gc321] 19/6/2020 23:17

So reading through it would appear that the share price might go down, might go up. Highly paid brokers are saying buy, others are saying sell. To be fair they really haven't got a clue! lolWorrying that so called 'experts' that we should be basing our investments on are recommending completely different courses of action....

[alphorn] 19/6/2020 22:46

G2 - you probably even believe that!!!

Enjoy your weekend.

[optomistic] 19/6/2020 22:38

C&P the link into google then alter the x's to "t' and the the link should open.

[grahamite2] 19/6/2020 22:26

The wise 52% strongly suspected that Remain were lying through their teeth and so it has proved. Their ruthless dishonesty is quite breathtaking in retrospect.

[bargainbob] 19/6/2020 22:17

New model to be revealed in Sunderland to combine the two cultures of Japan and Sunderland.

The Japs Aye will be released in 2022.

[utrickytrees] 19/6/2020 20:57

Maxk its all about taking a seat at the top table where the UK belongs. Derby has reinforced its position as a centre of engineering excellence by dumping the Bonnie Prince & all his LGBTQ lead swinging loser followers into the Derwent. Where no nonsense Derby leads the rest of the UK will follow.