Lloyds Banking Share Discussion Threads

[arjun] 01/10/2020 09:00

Morning allGood start and then down again, your right it's all over the place!! Let's see what the rest of the day brings?Have a good day

[scruff1] 01/10/2020 08:45

pwal
8.21 Yes
8.44 No
As I said yesterday the market is a nervous wreck. Doesnt what to do - its in a dither. Never known it so. Its almost funny

[cheshire pete] 01/10/2020 08:42

What is there to say Vauch? Some are calling for 15p and others 75p. Me....I haven't a clue. Recovery possible at some point, possibly soon but a lot depends on how quickly we get through the pandemic. What is your crystal ball showing?

[scruff1] 01/10/2020 08:42

One of the problems in the UK at the time (apart from the destructive unions) was the lack of design. The past success made them reluctant to change. Nissan cars eg Bluebirds may have fallen to pieces within a year but they had electric everything. Japanese motorbikes had electric ignition. Triumph etc riders were still bashing their shins on the kick start as they sung the praises of British engineering. By the time the light dawned it was difficult to name a make of bike that wasnt Japanese

[pwal] 01/10/2020 08:21

Can we say Lloyds is trending up?Long may it continue.

[mikemichael2] 01/10/2020 08:21

I believe Mclaren are built in UK, unfortunately owned by Mumtalakat Holding Company. Nice looking cars.

However not a patch on mi Jazz.

[mitchy] 01/10/2020 08:17

E.U manufacturing looking to be better than expected.

[scruff1] 01/10/2020 08:01

UTYINV
I agree with you on the quality of IK engineering. In the early 70's I was a trainee cost accountant with an engineering co. At the time Rolls Royce received a present. A drill bit the size of a human hair. It bore the message 'With Compliments - Westinghous'. Some time later Westinghouse received a present with the message 'With Compliments - Rolls Royce' - it was their drill bit with 3 holes drilled through the shank. I read this morning that they are attempting a placing :-(

[mitchy] 01/10/2020 07:41

Most of lloyds loans are in U.K property. With house prices continuing to rise the future looks peachy. But there seems to be a disconnect between earnings during lockdown and house prices suggesting a bubble may have formed. Caveat Emptor.

[xxxxxy] 01/10/2020 07:30

Lifelogic
Posted October 1, 2020 at 5:35 am | Permalink
Indeed.


I understand that Covid is now about the 24th commonest cause of death (plus it is mainly killing very old people) and represent only about 1% of daily deaths. All deaths are sad but clearly the government has it totally out of proportion. The lockdown is now clearly causing more damage and indeed deaths than the virus.

I have never been impressed by Simon Stevens (lefty & PPE Oxon yet again) but did he really say ‘we are not going to have aged-based apartheid across this country’? What on earth is wrong with sheltering the vulnerable. A great shame the dire NHS and Health Dept. did not do exactly that leading to so many deaths in care homes and of people infected in hospitals.

[xxxxxy] 01/10/2020 07:25

Javelin
Posted October 1, 2020 at 5:40 am | Permalink
Based on the wall to wall negative comments in the press Boris has more than done enough to destroy the credibility of the Cabinet.

A 0.2% death rate at present, the vast majority in over 75s with pre-existing conditions and severely damaging millions of under 40s lives. The virus will be around for years and years, based on the existing rules so will the lockdown. So when the rules change, as they will, then how do the Government justify the about turn. They can’t.

[xxxxxy] 01/10/2020 07:23

There not their.

[xxxxxy] 01/10/2020 07:23

The Vulnerable are going to have to live by different rules.Others, importantly children and young must live fully and be normal. They are the Future.Reality is a difficult place for some.Cling film for some.For most. Live a little. Live.Love and Peace.

[vauch] 01/10/2020 07:19

is their any postings on this forum about LLoyds.

[xxxxxy] 01/10/2020 07:17

We need an exit plan from CV 19 restrictionsBy JOHNREDWOOD | Published: OCTOBER 1, 2020In the world of the government advisers the UK has to carry on with major restrictions on our freedoms to contain and reduce the incidence of the virus. They want us to do this until a vaccine is available that works well and is accepted by the bulk of the population.They do have to tell us that of course the present vaccines in trials may turn out not to be effective, or may show side effects that are unacceptable. There may be long delays in developing a successful vaccine. Even when one is available it will take time to produce enough of it and vaccinate enough people with it to allow removal of the controls.That is why I have been urging Ministers to have a Plan B, a plan for relaxing controls when there is no generally available effective vaccine. Some scientists think Sweden shows that the virus stabilises or wanes after a period of time, as more people have immune systems capable of warding it off without vaccine intervention. Others have a number of proposals to improve treatments, help containment and protect the vulnerable better, so more people can resume a normal life.We now seem to know the most vulnerable groups are the elderly and those with other conditions like diabetes and obesity. It is possible to devise ways to offer all those most at risk better safeguarding whilst allowing the rest of the population to behave more normally. All those who wish to shield themselves should have access to support to make this possible for them.Many of the deaths we experienced in the spring came in Care Homes. There could be stronger rules preventing the return of patients from hospital with CV 19, tests for new residents and regular tests for Care Home staff. It would be best if people can keep in touch with their families through on line systems and the phone. Of course people will also want some face to face meetings. These can be organised in gardens, with suitable ways of keeping warm on colder days, or in large meeting rooms with a good circulation of air designed to avoid contamination.It is important to ensure good infection control in hospitals, preferably by having designated CV 19 hospitals with other hospitals virus free. I await progress reports on a range of possible treatments that some doctors claim can make a difference.We need a message of hope. There does have to be plan to get us out of lock down whilst avoiding deaths and helping people take sensible precautions to control the disease. We must not allow a large number of good businesses to be written off because they are not allowed to trade at all or under such constraints that they are not commercial.I am trying to persuade Ministers they need a new plan to restore our liberties.

[xxxxxy] 01/10/2020 07:10

John Redwood@johnredwood14hNo need to offer our fish to secure a Free Trade Agreement with the EU. They had another three years to take our fish since the vote already.

[utrickytrees] 01/10/2020 06:08

On CV response, what's going to be important is the UKs spending relative to everyone else's. I said back in March that Japan could come out of this quite well. Warren Buffet must follow my posts.
Provided we get a hard Brexit our Bus money & all the lovely EU tariff lolli should pay off the covid expenditure in 12-18 months by my reckoning. After that we should be generating enough from the EU to pay the Jocks the 11k/per year universal income they want & still have enough to compensate Jock Students by paying their living accommodation expenses like Oxford University do for all their Black Scholars.... It's only right & proper.

[freddie ferret] 01/10/2020 00:12

Perhaps I should point out I am in favour of the govt being allowed to do whatever is neccessary to supress the virus.

[freddie ferret] 01/10/2020 00:11

The present situation is interesting.

The 1922 committee can not operate atm.

I think we may be close to a Kristalnacht moment, basically legitimate excuses to suspend effective democracy.

[minerve 2] 30/9/2020 23:29

TORY LIARS
TORY SCUM

[minerve 2] 30/9/2020 23:28

The horrendously wasteful profligacy of the coronavirus response really rubs salt into the wound of austerity being the biggest con ever. They presented a narrative that any increases in government spending would risk a debt crisis and that we were teetering on the edge of financial ruin, and then they strangled growth and investment by starving public services of funds.

And now we're looking at ~£60bn+ for furlough, £23bn of dodgy loans that might have to be written off, £15bn for PPE...

To put this into perspective, in 2010/11 the annual police budget was £14bn and by 2014/15 the party of law and order had, for absolutely no good reason, slashed this down to £12bn a year. Just one example of a myriad array of miserable cuts they made to key services which in the grand scheme of things saved peanuts.


FT Comments

[kendonagasaki] 30/9/2020 22:52

Well Merkel has signed 3 days ago that she will not and the EU will not bail out and failing banks...?Give me a D?GiveMe a B ?