Lloyds Banking Share Discussion Threads

[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.

[cheshire pete] 23/10/2020 13:11

Scargill didn't care about the miners, they were his political pawn, bit like Burnham now arguing with Boris over £.

[1carus] 23/10/2020 13:09

The cost for coal was several times higher than what we could ship it in for. It was state sponsored socialism. It moved us to both much cleaner oil and gas fired stations. Although a job, the work was both dangerous and hard, the world is a better place without mining. Maggie was ahead of the game in reducing dirty fossil fuel use, unfortunately industries have a life span and it was past time to move on. Historically the UK has been excellent developing new technologies, in fact whole industrial revolutions, but equally good in dropping them once the worth goes out of them. You could argue there is no clothes mfgs here, other than Leicester, which got exposed over the summer, but I wouldnt wish those 3rd world sweat shops on our population... the other countries can have that technology that we established centuries ago. Stuff gets old, move on, that's what the Brits have always done.... mining was done.

[minerve 2] 23/10/2020 13:08

"Coal miners got dust in their lungs, not healthy."

Straw man argument. You are a professional at those Cheshire.

Coal is black too, eh? Doesn't fit in with rainbow colours, eh?

ROFLMAO!

[minerve 2] 23/10/2020 13:07

I'm not left and I don't live in France. But I am not going to sit behind right-wing or left wing idealogy just because I've decided to live in a tribe which I don't - unlike some of you.

Some things are best nationalised, and somethings aren't. When I decide on whether something has been successful I look at the facts, I don't argue ideology.

None of you Tribal Turnips are going to tell me that Thames Water has been a success for its customers.

Perhaps that is why I am a better capitalist that all of you put together. I can look at things objectively and I understand the good companies and long-term success depend on its people.

[minerve 2] 23/10/2020 13:04

grahamite2

"No, they were sacked because previously you had had three men doing one man's job, which is a fraud on the customer."

Whereas now you have one man to do the job of two so the executives and foreign sovereign wealth funds can cream billions in dividends (which are not even funded by profits) - WHICH IS A FRAUD ON THE TAX-PAYER, CUSTOMER AND small UK domiciled SHAREHOLDER.

"and ensuring a better service by letting people be fired for bad work and rewarded for good work."

Have you tried customer service lately, or looked into the quality of infrastructure or the balance sheets of some of these utilities?

Obviously NOT! The DUNDERHEAD WAS WELL AND TRULY BRAINWASHED.

[cheshire pete] 23/10/2020 13:03

Coal miners got dust in their lungs, not healthy.
Nationalised industries inefficient and incapable of forward thinking. Privatising them took the shackles off.....bit like us now we've left the EU.

[arja] 23/10/2020 13:02

Ekuuleus,
I notice you do not mention JRM making millions from Brexit and Farage applying for a foreign passport I think. I think they were NOT remainers unless they disguised it very well as TM of course did .

[ekuuleus] 23/10/2020 13:00

BT went from employing 400,000 before privatisation to about 100,000 by 2000.

I've worked for bt a few times including their release 95. I managed to crash the mainframe. :):):)