Lloyds Banking Share Discussion Threads

[xxxxxy] 23/10/2020 14:32

Stephen Allsop23 Oct 2020 12:25PMAn EU in its own name raising Euro 17 billion  this week through bond issues to fund unemployment is typical of a socialist EU reacting, rather than try help businesses more in the first place. In the near future EU taxes on business can only rise to pay for EU borrowing, and reforming overly stringent EU employment laws would help - inherently causing higher Eurozone unemployment - even in the good times.The EU will need a lot more money to help EU businesses and fund EU wide unemployment, if COVID slump aside, it also forces a future no deal/WTO trade agreement with the UK, as they refuse to take the politics/controls out of EU-UK trade. Oli Kendall23 Oct 2020 12:33PM@Stephen AllsopAnd the UK is not doing record bond issues? Or the US?At least the EU runs a current account surplus and has a high private savings rate. It's self financing.Stephen Warne23 Oct 2020 12:35PMOily you know nothing about the EUSSR's finances, they've never been audited.robert lockhart23 Oct 2020 1:27PM@Oli Kendall @Stephen Allsop And the UK is not governed by the German controlled ECB who will stamp any country in the eussr who dares to deviate from their path..

[aceuk] 23/10/2020 14:31

You people are clueless - it is not in the money mens' interest to take Europe down. They need Europe to avoid the war between the US and China.

[aceuk] 23/10/2020 14:29

Don't agree with Burnham's politics but he is dead right - unlike most of the plonkers here he wasn't at war and refuses to be at war now. Boris does not know what to with people who don't do war .... people like Burnham and Barnier

[ekuuleus] 23/10/2020 14:20

Another very strong reason to get out of europe. Currently Europe's collapse would take us down with them.

[ekuuleus] 23/10/2020 14:13

Momentum helping the tories this week. Posting about the mean tories regarding free school meals.

[utrickytrees] 23/10/2020 13:53

You cant win cos you love a row M2 lol. It's got nothing to do with being tribal and everything to do with having an opinion ON BALANCE, Its also fairly obvious that you have a deep rooted prejudice against the tories.

[falklandi] 23/10/2020 13:53

Hopefully it will hit 30p today....

[ekuuleus] 23/10/2020 13:46

There is also the widening gap between the elites and the people that actually work. The government can print lots because the money is being squirreled away. Take apple and Microsoft with 100$ billions. If its sat in a bank account then the government adding the same is actually a net nil effect Indeed, the government has to pump money I because all that money in the Cayman islands is having it's own negative effect.

[minerve 2] 23/10/2020 13:39

Oh yes, wonderful.

[ekuuleus] 23/10/2020 13:38

Bet you loved the traffic.

[xxxxxy] 23/10/2020 13:37

In today's brief: Optimistic Barnier arrives for London talks as Downing Street warns negotiations may not succeed. Meanwhile, the UK signs historic FTA with Japan and government announces origin protections for British food and drink .Barnier arrives in London: Michel Barnier arrived in London on Thursday evening, resplendent in his EU flag facemask and saying "I think it's very important to be back at the table. Every day counts."With a deal deadline potentially just 8 days away, Barnier went on to say that Britain and the EU had "a huge common responsibility" to avoid a no deal Brexit. Meanwhile, Downing Street warned that "significant gaps" remain between the two sides over fishing, 'level playing field guarantees' and enforcement, stating that it was "entirely possible that negotiations will not succeed".Intensive daily negotiations - finally with legal texts - will continue through the weekend in London and transfer to Brussels next week, while EU diplomats have been warned not to leak details to the press.  With a promise from Barnier that the EU will compromise as well as the UK and treat Britain as a sovereign equal, one EU diplomat is betting that fish might be the most likely area to see movement: "But don't tell Paris!" With signs of a potential compromise from Macron, and a meeting scheduled between Netherlands PM Mark Rutte and European Commission president, Ursula von der Leyen today, he might well be on the money.Trade deals will "turbocharge" UK economy:  'Singapore-on-Tyne' is the future for the North East says Liz Truss as she seeks to "turbocharge" the economy with post-Brexit trade deals.The Truss vision should serve as a reminder to the Brussels envoys that the EU will play an ever-decreasing part in the UK's economy. "The fact is, the growth in the world is coming from the Pacific and the Americas, and those opportunities are now open to us" said the Trade Secretary"In the EU we were in the trade slow lane – we weren't able to achieve British-shaped deals that reflected our unique strengths as a country."Truss told the Telegraph she is also confident of a trade deal with the US regardless of who wins next month's presidential election, revealing that she has held detailed discussions with Joe Biden's camp alongside talks with Donald Trump.She said: "We've had positive discussions with senior Democrats in Congress. They are supportive of the trade deal, I'm confident that whatever the outcome of the election, there is a positive path forward and there is a deal to be done with the United States."Britain signs FTA with Japan: Britain hailed a new era of free trade as Liz Truss signed an agreement with Japan at a ceremony in Tokyo today. "How fitting it is to be in the Land of the Rising Sun to welcome in the dawn of a new era of free trade," she said, describing the deal as a "landmark moment for Britain.""Trade is a powerful way to deliver the things people really care about. At its heart, this deal is about creating opportunity and prosperity for all parts of our United Kingdom and driving the economic growth we need to overcome the challenges of coronavirus."The agreement also has a much wider strategic significance. It opens a clear pathway to membership of the Comprehensive Trans-Pacific Partnership - which will open new opportunities for British business and boost our economic security - and strengthens ties with a like-minded democracy, key ally and major investor in Britain."The 11 countries that currently make up the TTP account for 13 per cent of global GDP, (compared with 16 per cent for the EU - before the UK left) and eight per cent of UK trade. Japan deal a boost for "global Britain": The UK-Japan FTA is the first independently negotiated trade deal the UK has signed since 1975, proving that Britain can negotiate a complex deal and devise its own model for trade priorities. Excellent news for the City of London's financial services, infrastructure and data firms in particular, with the deal providing a platform for London-Tokyo growth in a post-pandemic era, and signalling how the UK government is thinking about the City as a global financial centre.Already the City of London and Tokyo have strong links, with the two centres agreeing in 2018 to grow their relationship. Japan's mature financial markets are huge, contributing 27 trillion yen ($250bn) to its annual economy and Tokyo's ambition to be an international financial giant is a priority for Japan's newly elected Prime Minister, Yoshihide Suga. In the year to September 2019, the total value of UK exports to Japan was £15bn - 28% of which was contributed by financial services. Authenticity logos for British products revealed: British food and drink are to be given authenticity logos in order to protect products from copy-cat versions after Brexit. There has been concern from traditional food producers that once the UK leaves the EU, the names of the food they produce, such as Stilton and Scotch whisky, will no longer have special status protection that marks out their authenticity and originThe government has now released the Geographical Indications (GI) logos it will be stamping on British food products to show customers that they are buying the real thing.GI products represent around a quarter of UK food and drink exports by value, approaching £6bn in exports in 2019.Potential lifeline for British shipbuilding: The Royal Navy's new Queen Elizabeth-class aircraft carriers are the service's biggest ships, and require both a host of protection vessels such as destroyers, frigates and submarine, and a fleet of support ships to keep them topped up with fuel and supplies. To this end, the UK has bought four tankers built in Korea, but the plan to acquire three "fleet solid support" (FSS) ships to provide technical support and provisions has been mired in controversy for years over the possibility the 40,000-tonne vessels could also be built abroad.The fate of Britain's shipbuilding industry depends on this £1.5bn order. For UK shipbuilding yards, such Appledore in Devon, Cammell Laird in Birkenhead and Harland & Wolff in Belfast, the FSS being British-built could be a matter of life and death.The problem arises because, while owned by the MoD, support ships such as FSS vessels are operated by the Royal Fleet Auxiliary and crewed by civilians. This means they are not classed as warships - which have to be UK-built because of national security concerns - and under EU rules the work had to be tendered internationally (despite the fact that other EU countries have no qualms about ensuring their support ships are built domestically.)However, Defence secretary Ben Wallace described the FSS as warships in September following intense criticism of the policy, and has now declared a relaunch of the programme saying "Shipbuilding has historically been a British success story, and I am determined to revitalise this amazing industry." The programme would be "the genesis of a great UK shipbuilding industry, and allow us to develop the skills and expertise for the shipyards of tomorrow", he added. Unfortunate, therefore, that they are still open to foreign bidders for the contract.Food Glorious Food - A Brexit Twist: On our site today, Director of cross-party, grassroots campaign 'Get Britain Out', Jayne Adye, argues that the UK should seek to breathe new life into our agricultural and farming industry post-Brexit. You can read the full article here.For the latest news and developments throughout the day, please do follow @GlobalVision_UK on Twitter.Thanks for reading, and enjoy the rest of your day.

[minerve 2] 23/10/2020 13:30

Eku

Used to live in Bristol and work at Aztec West. :)

[cheshire pete] 23/10/2020 13:27

Dead right kkclimber56 but a shallow attempt, he's no match for Boris.

[minerve 2] 23/10/2020 13:22

Eku

Thank you.

Where are you?

[cheshire pete] 23/10/2020 13:20

Thanks for the compliment Minerve, just had to google it and found it is far too complicated for the likes of me.
Edit: re: straw man, feel in good company with 1carus lol.

[ekuuleus] 23/10/2020 13:19

Cheshire pleasant part of the country.

[kkclimber56] 23/10/2020 13:18

But ham is simply an opportunist. He was the same with Hillsborough. Recognised a bandwagon that was going to succeed and hitched himself to it (and I speak as a scouser). Same with his current fight with Boris. He doesn't give a toss about Covid - it's all to do with trying to bring the government down.

[minerve 2] 23/10/2020 13:16

Eku

I live in Cheshire ATM and have property available to me in Belgium from time-to-time.

[minerve 2] 23/10/2020 13:13

"It was state sponsored socialism."

Ah, yes, like bailing out banks you mean?

Can't argue that one I'm afraid.


"It moved us to both much cleaner oil and gas fired stations. "

Another strawman argument.




I think some of you forgot what the original argument WAS! Cheshire stated "Thatcher gave people hope"


OBVIOUSLY NOT TO EVERYBODY!

So was he wrong in that ridiculous blanket statement or not?


Now, I know it is difficult for you tribal hobbits to admit that that statement is fundamentally flawed but will you?

[ekuuleus] 23/10/2020 13:13

Well Minerve, at least I can agree with you on the executive fraud on tax customer and companies. Being objective and not tied to ideology is also commendable. Well done.

Which country do you live in?

[utrickytrees] 23/10/2020 13:11

More replica trevi fountains in Sth Yorkshire back gardens than anywhere else in UK. Wouldn't be possible without Maggie's miner millions.