Lloyds Banking Share Discussion Threads

[cheshire pete] 04/9/2020 09:41

We had a great time in the Lakes thank you Minerve. Nice glow of satisfaction in knowing that we were in our own small way helping the UK economy recover.

Getting fed up with the news coverage of tourists holidaying abroad whingeing now about having to quarantine, losing money etc. Didn't anyone tell them that travelling overseas not very bright in the middle of a pandemic.

[mitchy] 04/9/2020 09:37

hxxps://www.pmtoday.co.uk/uk-manufacturing-production-grows-at-fastest-rate-for-six-years-in-august/

[mitchy] 04/9/2020 09:34

Investing.com

[alphorn] 04/9/2020 08:45

That is up to June - July numbers out next week.

What is your source?

[mitchy] 04/9/2020 08:38

Out of date.

[bargainbob] 04/9/2020 08:33

To be fair xxxxxy , no one listened to him when he was there.

[mitchy] 04/9/2020 08:29

German manufacturing below expectations whilst U.K at a 6 year high. We are obviously doomed outside of the EU . I can just imagine the German auto lobbyist talking to the German chancellor...."Gotten himmel forget about das fishing sh!t...SAVE OUR CAR INDUSTRY" !(tee hehe)

[xxxxxy] 04/9/2020 08:27

Peter Hodge4 Sep 2020 7:42AMWhy people like 'Spock' are not in today's government is difficult to understand.  Can you imagine the difference that someone like John would make to being health secretary for example? Why Boris has chosen such lightweight numpties at a time of our country's greatest need is beyond reason, when he has such calibre on the back benches.14LikeReplyJune Russell4 Sep 2020 8:13AMWell said!... John Redwood article... Daily Telegraph

[xxxxxy] 04/9/2020 08:22

No Fig leaf.No Deal.WTO

[xxxxxy] 04/9/2020 08:20

No need to increase taxesBy JOHNREDWOOD | Published: SEPTEMBER 4, 2020(A longer version of this was requested by the Daily Telegraph for this morning after I had prepared this blog)Levelling up is a good idea. It requires tax cuts, not increases. It requires using the planning system to allow more building and construction based investment in the parts of the country that want the extra jobs and money it brings.The government has just shown how a tax cut can provide a good boost to activity, jobs and incomes. The cut in Stamp duty has encouraged people to get on with swapping their home to a property that is closer to their current needs. It has helped people downsize and upsize, to move from urban areas to  more rural areas, or to move into cities from the countryside. It has allowed people to buy extra space for  homeworking, or  locate closer to schools or workplaces. It has given them more choice.As a result housing transactions have just exceeded the pre pandemic levels. When people move it creates work for the estate agents, conveyancers, mortgage businesses, removal firms, painters and decorators, builders doing small works and many others. The Inland Revenue will probably be a winner too from  taxing all that extra activity as well as getting a Stamp duty boost from more transactions as some offset to the lower rates. Government works best for people when it respects their wishes, helps them achieve their ambitions and extends their effective choices. We need a series of policies that do just that. Levelling up needs urgent action to bring in  extensive freeports to boost industrial and commercial investment. It needs cheaper energy so we make more things here. It requires new farming and fishing policies so we grow and rear more of our own food.The government cut the top rate of income tax and collected more revenue from the better off. It cut the rate of corporation tax and collected more revenue from business. It offered a meals discount and kick started restaurants. Let's have some more policies that promote levelling up  by cutting taxes and costs for people. That way we will get the deficit down more quickly, from all the extra activity.

[xxxxxy] 04/9/2020 08:18

John Redwood@johnredwood43mWe control the entry of goods into the UK so there is no need to create delays and traffic jams at ports next year.

[buywell3] 04/9/2020 08:11

Jeff Bezos, chief executive officer of Amazon.com. How Amazon is shaking up financial services. Who needs a banking charter, anyway? Not Amazon


Financing is available to Amazon users through three credit card options—the Amazon Rewards Visa Card, the Amazon Prime Rewards Signature Visa, the Amazon Store Card, and the Amazon Secured Card. If approved, applicants receive a credit limit based on their credit score and other screening factors.

Apr 15, 2020

[alphorn] 04/9/2020 08:05

"WTO will not fly".

We agree on one thing max.

If that was such an attractive route it would have been triggered years ago. It is not and, any of the scores of UK negotiators know that very well. The minute handful of people who think it is utopia reside on this thread.

[gbh2] 04/9/2020 07:45

Getting near the time for me to bite the bullet and dump a few K, there's cash to made but not with LLOY this year.

[freddie01] 04/9/2020 07:45

“Barnier said government proposals would give Britain an unfair economic advantage in the steel, automobile, aviation, road haulage, farming and energy sectors.”

EU now admit Brexit will give UK competitive advantage.

[essentialinvestor] 04/9/2020 00:28

Manufacturing represents approx. 17.5% of UK GDP.

City of London 22% of UK GDP.

[mitchy] 04/9/2020 00:14

Manufacturing at 6 year high. Makes perfect sense now .That's why lloy is gaining junk status by the day. It's all becoming clear now. The economy is obviously in the toilet. The next thing will be that growth exceeds pre pandemic levels ....then we're really f/ $#_*?^

[jl5006] 03/9/2020 22:25

Just one difference bwell
Amazon picking up when Ocado declined.
Amazon not yet a bank!

[buywell3] 03/9/2020 22:18

Amazon gearing up to take market share in the UK with another 7,000 jobs planned


UK market share that is in EVERYTHING

They like other BIG USA companies will be offering all their UK Alexa clients various financial services.

UK Banks look like Dinosaurs in comparison to these companies

They will grow by job creation to begin with 2020 and 2021
Watch out in 2022

dyor

[arjun] 03/9/2020 21:08

Evening So we took part in no rally from over the pond since March lows... hardly moved from 1st base..... but i'm sure we'll take part in the sell off over the pond.... you could not make this up.... roll on some better Q3 numbers no requirement to shore up B/S and return of Divi..that Is my hope

[redirect12] 03/9/2020 19:42

That's some buys after hours

[patientcapital] 03/9/2020 19:23

US having a wee wobble....Will it endure?

[maxk] 03/9/2020 19:07

WTO will not fly.

Doris will take the knee.