Lloyds Banking Share Discussion Threads

[gaffer73] 12/8/2020 17:06

Yeah, disappointed it didn't finish at 30p+

[chavitravi2] 12/8/2020 16:56

Spoilt its self abit last off. Still a gain is a gain.

[xxxxxy] 12/8/2020 14:53

GDP figures reveal big decline in public service output and rise in public sector inflationBy JOHNREDWOOD | Published: AUGUST 12, 2020Two of the biggest sector falls in the economy in the sharp recession last quarter were health and education, owing to the impact of the virus on their ability to work. The ONS decided they delivered 34.4% less education and 27.2% less healthcare. These are bigger falls than the economy as a whole. Because public spending rose sharply the ONS also decided there was a very fast inflation in the public sector. They calculated public sector inflation or the rising cost of government at 32.7% "because the volume of government activity fell whilst at the same time government expenditure increased in nominal terms". The overall deflator "the broadest measure of inflation in the domestic economy" as a  result shot upwards.Restoring health and education output is a very important part of the recovery policies the government is now following. Of course the government needs to ensure safe working for all employees as the schools and surgeries get back to full working and the non Covid work of the hospitals builds up again.

[xxxxxy] 12/8/2020 14:51

354.Not sure if that is still true. Obesity may bE costing even more. Longevity is not the only measure. Quality and depth of live too, please.

[stonedyou] 12/8/2020 14:46

France warns Britain of 'declaration of maritime WAR' over Channel crossing demands

FRANCE has warned Britain's demands for further actions from French Border Force officials to contain the crossing of migrant boats across the Channel represent a "declaration of maritime war."


France and the United Kingdom have been once again dragged into debating each

other's role in containing and managing the flow of migrant boats across the

Channel. Britain has demanded Paris invest more to ensure the presence of

sufficient Border Patrol officials to return vessels trying to enter the UK to

their departure points across the French coast. But speaking to France 3 Hauts-de-

France, the Mayor of Calais Natacha Bouchart warned Boris Johnson the UK's conduct

in recent days is tantamount to having declared "maritime war" on France.

[grahamite2] 12/8/2020 13:24

Live and let live has gone out of style in a big way. This country is becoming increasingly totalitarian.

[utrickytrees] 12/8/2020 13:07

We know your working on it Bob you've only got to look at all the inducements the Jocks get that you cant afford. The most recent being the examinations fiasco Take a good look at Gavin Williamson. ....that's the way to do it in England you either accept the moderated results OR take your mock results. The SNP have effectively allowed students to mark their own papers to buy kids votes in 2021. What a cynical spineless bunch you are.

[bargainbob] 12/8/2020 12:27

Utricky we working on leaving the Union . I do though fear how RUK would cope financially without us though.

[mitchy] 12/8/2020 10:45

Yep I'd agree with that. Gold has got a long way to fall yet and alot of that filthy Lukas will be coming home to equities .

[utrickytrees] 12/8/2020 09:54

Just pointing out the flaws in the happy clappy lefty pro asylum seeker argument Bobster. Scotland hasn't been really been affected by immigration cos it's a bit of economic back water. It also doesnt have any control of its economy with a defecit/ GDP ratio at 7 odd % so doesnt really appreciate the economic implications of refugees. Perhaps if English and Welsh tax payers weren't burdened with quite so much Scottish debt things might be a bit different.

[chavitravi2] 12/8/2020 09:39

Gold has taken a bit of a tumble this am, coming back a bit now.
This suggests to me folk are taking out to invest in the market while stock is still cheap. I may of course be wrong.

[optomistic] 12/8/2020 09:29

mitchy, that's the first positive post you have made for ages...keep it up :-)))

[stonedyou] 12/8/2020 09:25

News



UK to plunge into recession after coronavirus triggers record slump


Britain is set to be plunged into recession for the first time since the financial crisis today when figures will show the pandemic sent the economy a record 21 per cent down between April and June.

The dramatic 21 per cent downturn between April and June - the worst in western Europe - is expected to be confirmed by the Office for National Statistics (ONS) on Wednesday after a 2.2 per cent fall in the first three months of 2020.


A recession is defined as two successive quarters of decline in gross domestic product (GDP), which has not been seen in the UK since the financial crisis back in 2008.