Lloyds Banking Share Discussion Threads

[mr.elbee] 07/10/2020 11:06

well done Boris.

hxxps://www.business-sale.com/news/business-news/economic-recovery-grinds-to-a-halt-in-september-with-millions-at-risk-of-insolvency-220715

why graham?

because the tory party is riddled with commies.

[grahamite2] 07/10/2020 11:05

#316292 I'm not sure I'm comfortable with concepts like unexplained wealth orders. What happened to doing things the old fashioned way - if you suspect someone of a crime, you get the evidence to prove it beyond reasonable doubt? Why should anyone have to "explain" his wealth?

It puts me in mind of something I discovered about money laundering the other day. If the authorities can't find the evidence to convict someone, they can bring previous bad conduct in as evidence. But this goes against centuries of precedent in the criminal law.

[mr.elbee] 07/10/2020 11:01

hxxps://youtu.be/rz_Z7Gf1aRE

[chavitravi2] 07/10/2020 10:56

I see the banner running at the bottom of Sky news is saying what I have been saying for weeks. Thousands of scientists are saying those that are fit and well should get out there and live life normally and build up immunity while protecting the vulnerable. Sounds right to me, after all with quarantine you quarantine the sick not the well.

[mr.elbee] 07/10/2020 10:56

exactly , which is why they wont do the bleedin' obvious

muppets every one

[mr.elbee] 07/10/2020 10:54

all commies at the Bof E scruff...

[waspfactory] 07/10/2020 10:45

STOP HS2 and save £100,000,000,000 (that's one hundred billion) for a railway from London to Birmingham, that nobody will use if they don't live in Birmingham- it won't be going any further.

That will pay for furlough and Bounce Bank loan fraud with plenty of change for start ups etc.

[diku] 07/10/2020 10:42

7% increases in house prices from already high asking prices?...counter act the stamp duty holiday...have buyers lost the plot...it gives the illusion you don't have to come up with the stamp money now but that money and more is bunged in the form of debt with higher asking prices...

[guss] 07/10/2020 10:37

So as new lockdowns, presumably local lockdowns, look likely,
would lockdowns “up north” do much damage to the economy/prospects/share price?

Just asking.

[diku] 07/10/2020 10:34

So do those 81,000 start up businesses also qualify for loans or grants under the scheme?...

[mitchy] 07/10/2020 10:28

7% increase in house prices with record mortgage applications. Due mostly to the suspension of stamp duties they say which ends in March.

[freddie01] 07/10/2020 10:27

A positive read amongst the gloom.


CEO Secrets: The graduates launching start-ups in lockdown


A surprising fact in the article for me is


Despite the uncertainty of lockdown, many people have taken the opportunity to start their own company.

Almost 50% more businesses were created in June 2020 than in June 2019, according to the Centre for Entrepreneurs. July set a new record with more than 81,000 businesses registered.

There is no hard data on how many of these companies have been started by new graduates. But anecdotally, many final-year students faced with fewer opportunities like entry schemes and internships, have decided to be their own boss instead.

[diku] 07/10/2020 10:24

The saying goes...shoot first ask questions later...or should I say throw money first ask questions later...under the circumstances...Labour would have done the same...




Sunaks throwing our money around like confetti...kin idiot.

[chavitravi2] 07/10/2020 10:23

It seems to me Germany is trying to twist the arm of other EU states to do a deal, France seems to be the sticking point. If positive news comes out there is a deal on the horizon I think this will take off. Mid to high 30's is possible imo.

[utrickytrees] 07/10/2020 10:15

Sunaks out of his depth. Just cos you've been at Nasa doesnt mean you can run Transport for London. He has no relevant experience.

[freddie ferret] 07/10/2020 10:09

From the JTC thread.

mroalan
7 Oct '20 - 09:54 - 88943 of 88943
0 0 0


The government is expecting one in three companies in the UK to fail
Posted on October 7 2020

"The National Audit Office has issued a stark report this morning. It refers to risks within the loan schemes made available to businesses with government backing to help them survive the coronavirus crisis."

Well thats baked into the cake,they know that and the longer this goes on the worse it will get,but i doubt they care,but there will be consequences here for the public who will to told we need to take stark measures to recuperate this money and it can,t be through taxation,could a bail in be on the cards?mro.

[utrickytrees] 07/10/2020 10:08

Sunaks throwing our money around like confetti...kin idiot.

[grahamite2] 07/10/2020 10:00

No surprise there, Max. It was estimated that 80% or 90% of the small firm loan guarantee scheme back in the 80s was used for fraudulent purposes.

Government and business don't mix - they are worlds almost wholly alien to one another.

[geckotheglorious] 07/10/2020 09:28

Freeports a mighty fine idea imo.
Especially if they result in the regeneration of some of the less prosperous places in the UK eg Hull.

[maxk] 07/10/2020 09:12

Taxpayers face £26bn bill from Bounce Back loan fraudsters

Up to 60pc of borrowers may default on their Bounce Back scheme loans after ‘hasty’ launch


By
Lucy Burton
7 October 2020 • 6:00am



Rishi Sunak's flagship coronavirus rescue loan scheme could cost taxpayers £26bn after being exploited by fraudsters and companies on the brink of going bust, the National Audit Office (NAO) has warned. ...