Lloyds Banking Share Discussion Threads

[maxk] 22/7/2020 10:14

That's the wrong kind of news Poikka.

[smartypants] 22/7/2020 10:09

Precious matters...do they?

Well LLOY already back in the gutter....
What will 11.00 oclock trigger today..

[geckotheglorious] 22/7/2020 10:03

No point staying in transition till December imv then.

[geckotheglorious] 22/7/2020 10:03

The government is understood to be abandoning hopes of striking a post-Brexit trade deal in time to meet Boris Johnson’s July deadline, it was claimed on Wednesday.

According to The Telegraph, which quoted unnamed sources only, the government is now working on the premise that current trade talks between the UK and European Union, which started on Monday and are scheduled to end on Thursday, will not result in a deal.

If the two sides cannot agree terms, the UK will have to trade with the EU under WTO terms when the transition period ends on 31 December.

According to The Telegraph, the negotiations have become deadlocked on various core areas, including fishing rights and the role of the European Court of Justice.

The Telegraph said the government was not prepared to move on fishing rights. It quoted a member of the negotiating team as saying: "No trade deal has to be the working assumption, because that’s what we have to prepare for."

The newspaper added that some in government believed a deal could still be struck later in the year, but it would be a "basic deal, not a phenomenal deal".

The UK formerly left the EU on 31 January, but under the 11-month transition agreement, it will remain in the customs union and single market until 31 December, meaning trade is not subject to increased bureaucracy or charges. Under World Trade Organisation rules, tariffs will be imposed and extra checks required.

[maxk] 22/7/2020 10:01

Yes, the €U are very poor at making changes.

[alphorn] 22/7/2020 09:59

Inability to make changes when you are one of the biggest members of a group is poor beyond words.


If anyone disagrees with that statement then wake up and smell the coffee. The WTO is designed so that changes are virtually impossible. This is why there is no agreement since years and years.
Only the USA can make changes by abandoning the organisation a la WHO.

[freddie01] 22/7/2020 09:57

UK close to abandoning post-Brexit trade deal with EU,report claims.

Independent.

[alphorn] 22/7/2020 09:54

The whole business is an incredible sign of weakness.

Inability to make changes when you are one of the biggest members of a group is poor beyond words.

Building a company that has become a global player in a fairly closed shop would have meant that you would have backed off years ago with that approach rather than make your place.

Leaving has been a sign of weakness not strength and at present the UK is sitting in some form of vacuum. I just hope that someone sees the light in time rather than have these amateurs fronting the negotiations.

[maxk] 22/7/2020 09:53

Chlorinated salads are fine tho..

[utrickytrees] 22/7/2020 09:49

No chlorinated chicken then Alps....oh rats.

[action] 22/7/2020 09:49

Market look soggy. Only Precious matters are doing well.

[investtofly] 22/7/2020 09:46

If Europe played by THEIR rules we wouldn't be in this position because we would have voted to stay in The Union..

[alphorn] 22/7/2020 09:33

G2 - I was addressing UK:US as in the US of A.

[grahamite2] 22/7/2020 09:28

Britain has stressed repeatedly that it is not asking the EU for a better deal than it has given other nations, but Brussels has insisted it will only offer a deal with strings attached.

One UK negotiating team source said: “We wanted to see an agreement this month. It’s clear from the EU side that’s not going to happen.

“No trade deal has to be the working assumption, because that’s what we have to prepare for. But it doesn’t mean it’s what we want or are working to make happen.”

[gbh2] 22/7/2020 09:28

Anyone else noticed that those with the least to add are the most frequent Posters :)

[grahamite2] 22/7/2020 09:26

UK and EU negotiators began the latest round of negotiations in London on Monday, but remain deadlocked on the stumbling blocks of fishing rights, so-called level playing field guarantees, governance of the deal, and the role of the European Court of Justice.

Nothing to do with coronavirus.

[portside1] 22/7/2020 09:25

Op yes it's the money merry go round.

[alphorn] 22/7/2020 09:23

UK abandons hope of US trade deal by end of year. Officials blame slow progress on coronavirus pandemic as negotiators disagree over key issues. Blame it on the leaves.

Don't worry cheshire - focus on Italy or someone else and keep your head in the sand.

[grahamite2] 22/7/2020 09:22

No indeed, Investtofly. It's all a loads of cobblers, like the Democrats' unceasing efforts to find something or other to impeach Trump on. Pathetic more than anything else to see these bad losers.

[optomistic] 22/7/2020 09:18

Porto "Bundenberg the dud"... guess he will just love that title! LOL

Must add, but he will be the one laughing all the way to the bank.

[investtofly] 22/7/2020 09:18

I thought it was the Russians?I can't remember them coming to my door offering me a Sniff of some Perfume for my vote for Brexit....

[diku] 22/7/2020 09:13

Guys notice Barc and Lloy market cap is the closest...Barc used to be 10bln below Lloy...Lloy is currently under performing...

[alphorn] 22/7/2020 09:12

cheshire #725. I would worry about yourself.
There will be as many EU, US and Chinese entities holding whatever UK rights and properties that they may wish to buy. You are in some dreamland if you believe otherwise.

[investtofly] 22/7/2020 09:08

2 for the price of 1?