Lloyds Banking Share Discussion Threads

[geckotheglorious] 08/12/2020 12:41

Utrick

Personally I think it is well past time to tax UK expats living overseas as the US does.

Alphorn needs to be taxed at a proper rate(or he can rescind his UK citizenship to continue avoiding such)

he'll be back in a flash to avail himself of the NHS if he needs it, as most expats do - despite never paying anything into the system once they've left!

[utrickytrees] 08/12/2020 12:40

Alphorn bless him. You know what with all this uncertainty as a society we all deserve a pat on the back if we can keep everything together to ensure that people like Alphorn are happy & enjoying themselves. Well done us!

[xxxxxy] 08/12/2020 12:39

EUSSR = not in good faith.No DealWTOLiberty

[xxxxxy] 08/12/2020 12:38

In today's brief: Boris heads to Brussels in last-ditch effort for trade deal as talks are undone by Brussels negotiating ambush. Meanwhile, MPs vote to reinstate Internal Market Bill clauses and the PM backs Britain's budding exporters.Boris to Brussels: Prime Minister Boris Johnson will travel to Brussels later this week to meet with EU Commission President Ursula von der Leyen in a last-ditch effort to secure a post-Brexit trade deal. Yesterday, the two leaders had a 90-minute phone call in which they failed to come to an agreement. In a joint statement after the call, they said that "the conditions for finalizing an agreement are not there" due to issues still relating to the level playing field, governance and fisheries.However, the statement also set out the intention for these remaining issues to be discussed in a physical meeting in Brussels in the coming days. "We asked our Chief Negotiators and their teams to prepare an overview of the remaining differences to be discussed in a physical meeting in Brussels in the coming days," the statement read.Laura Kuenssberg has suggested that Wednesday or Friday seemed to be the "most likely dates". If Johnson does travel on Wednesday, ahead of a crucial EU summit on Thursday, it could leave open the possibility to arrange key meetings with the likes of Merkel and Macron in order to appeal to them directly. Another option reportedly discussed was a later meeting that takes place after the summit, giving EU leaders the chance to agree a new mandate for the Commission President before she meets with Boris.Brexit talks looking 'very tricky': A senior UK government source said: "Talks are in the same position now as they were on Friday. We have made no tangible progress. It's clear this must now continue politically." They added that the government did not "consider this process to be closed" but "things are looking very tricky and there's every chance we are not going to get there".Another British source close to the negotiations told the Telegraph: "We have reached the end of the road on what can be achieved in this format at this level with the negotiating teams, and decisions will have to be taken at a political level now. The meeting between the Prime Minister and the Commission President will not be window-dressing. They will have to do some negotiating themselves."Michel Barnier, the EU's chief negotiator, had earlier told EU ambassadors that Wednesday was the final deadline for a deal to be agreed, but Downing Street would only say an agreement had to be reached "this week". Some sources in Brussels welcomed the decision, whilst others spoke of the increasing frustration that there may not be a deal and that they believe the EU should begin to focus on contingency planning for a no deal. One EU diplomat said: "Political intervention won't do anything when the positions are still heavily guarded. Perhaps there is a choreography leading to this special summit. However, on the fundamentals I have not seen anything change and basically nothing has altered for the last eight weeks so I'm in the dark what would now suddenly move which didn't before." EU sources speculated that Johnson's trip could end in a deal, but also that it could be used to show that he tried everything to get a deal. Brussels 'ambush' that left negotiations in crisis: With events developing fast, we are getting more details on how negotiations took a turn for the worst. According to the Times, the UK side had been hopeful that the summit could provide the necessary progress to get a deal over the line, only for Barnier to ambush British negotiators with a folder that contained a "repackage" of a plan they thought they had seen off weeks ago. It would bind the UK to EU rules and regulations "in perpetuity" and allow the EU to impose "lighting" tariffs on British exports if they digressed from EU environmental, subsidy and workers' rights regimes. "Barnier presented it as a new idea," said one British official. "But it was quite clear that it wasn't. They were going back on things which they'd agreed to over the last few days. The mood turned very quickly." The ambush had been brewing in Brussels for a fortnight and began when Barnier had to step back from the talks whilst he was self-isolating. During this time, Barnier struggled with computer and IT problems and Urusla von der Leyen and her deputy chief of staff Stéphanie Riso took the lead in contacts with the British, making real progress and setting off alarm bells in Paris and other capitals. "You wouldn't believe the problems we had trying to get him to switch his computer on right or get his camera working for a video conference," one EU official said on Barnier's tech issues, perhaps giving us some insight as to why negotiations seem to go so poorly over video conference.Then, on the Friday before talks were due to begin again in London, Barnier briefed ambassadors and "guided member states" on areas where he thought too many concessions had been made. "He raised flags. It was masterful and subtle but everyone was aware that Barnier himself was not happy with the Von der Leyen and Riso approach of getting a deal 'whatever' it takes," one diplomatic source said. This, according to the Times, set the scene for a behind the scenes row between France and Germany over how much to concede to get a deal over the line. During this ongoing row, the French told Germany that unless the UK made concessions and Barnier toughened up his position then France would veto any deal that was agreed. It was this, alongside the French formation of a coalition of hardline states that pressured the commission to toughen up its stance on the level playing field, subsidy control and fishing. A British source said: "We went from a position on Thursday morning where we thought we could see our way through to a deal by the weekend to one where it looked almost impossible to see how we'd ever get a deal."Following all this, Frost briefed the PM on the EU's new position and he made clear that he would not sign up to the terms and a decision was made to suspend the talks. After a call from Merkel to Macron and von der Leyen, the French somewhat softened their demands and this appears to have been enough to get the talks restarted after a call between Boris and Ursula.This is all very interesting, but it does yet again highlight the EU's inability to negotiate in good faith as well as the internal indecision and in-fighting that takes place. Once again, the goal posts have been moved and it is proving very difficult for talks to come back from this, with Barnier's return having put back weeks of work.MPs vote to reinstate Internal Market Bill clauses: Back home, MPs have voted to reinstate the clauses that the Lords had taken out of the Internal Market Bill. Johnson's big Conservative majority meant the measures passed comfortably last night, by 357 votes to 268. This was after the government appeared to extend an olive branch to the EU by making clear that it would be prepared to remove the 'offending' clauses in the Bill if good progress continues to be made in the Joint Committee. They also said that the Government will keep under review the content of the forthcoming Taxation Bill. You can read the full statement here. Boris backs Britain's budding exporters: Boris Johnson has pledged to "back the ambitions of small businesses to go global" with financial support to help UK exporters enter new markets after Brexit. The PM announced measures yesterday that will see the state provide an 80% guarantee on bank loans of up to £25 million to help companies with general exporting costs. More than 230,000 small and medium-sized UK businesses that already export overseas could benefit, alongside other firms that want to expand internationally but currently lack the financing to do so. In a message to businesses posted on his LinkedIn page, the Prime Minister said: "This will free up crucial working capital to help you scale up your business operations and get exporting."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.

[geckotheglorious] 08/12/2020 12:38

"Boxerdogz
Post 323173
"The EU intend to punish us , make an example if you like.
Very easy DO NOT buy anything EU , Don't buy the cars from Heir Merkel, hit them where it hurts"

Spot on. I avoid EU produce wherever possible now.
Choose a British substitute, then Canzuk/USA substitute, then ROTW. In that order.

[bargainbob] 08/12/2020 12:34

Boris should take Pete and Utrickytrees to Brussels with him .

[alphorn] 08/12/2020 12:33

lef - I have had very large forex positions/allocations that are quite rare for me. It means few other equity positions which makes it a little boring. I will post an idea of the net gains over Brexit to show how strongly I have backed my views. I will then sign off on this thread. 2021 will need a new strategy - looking for ideas!

I am pleased btw that I don't often agree with you - I would not have had the gains!

[careful] 08/12/2020 12:11

'UK is striking trade deals all over the place'.

True, they a queuing up to sell us their stuff.
The trick is to sell them our stuff.
As Warren Buffett once said.
'It is easy to buy stuff, but much more difficult to sell stuff'.

Trump offered us a trade deal to bale out his farmers.
He wanted to sell us tons of surplus food.

At first they insisted that privatisation of the UK NHS service was in the deal, but that was during the election.
Then those evil Russians hacked the documents and published them. Boris thought he could lose the election on this point alone so both sides backed off.

Those evil Russians with their smart chess champions turned hackers were interfering in our election.
We should thank them.

[boxerdogz] 08/12/2020 12:06

EU says it is willing to continue talks with UK into 2021 in event of no deal
The EU is willing to carry on further talks with the UK in 2021 even if there is no deal before the end of the post-Brexit transition on 31 December, the European commission said this morning.

Daniel Ferrie, a commission spokesman, said the mandate given to officials by the 27 member states and the European parliament would permit further talks. He said:

If that deal is not in place on January 1, then we have a no-deal situation. That does not exclude that negotiations can continue – from our side – and it does not exclude that we can continue on the basis of the mandate that is given to us.

OH NO YOU DON't EVIL EU

[boxerdogz] 08/12/2020 12:00

The GBP / USD chart tells you WHAT you need to know, who knows in advance AND how to profit.

GLA

[boxerdogz] 08/12/2020 11:54

The announcement that will change the course of our great country is VERY close now , what we are witnessing is History in the making. Great History for a Great Nation.

For those of you who LOVE the UK . Stand Tall BE PROUD and show your flag

For the EU traitors , we have your cards marked, may you invest in junk bonds and lose your pensions and savings

[lefrene] 08/12/2020 11:54

I quite enjoy Alphorn's contribution although I disagree with much of it, he plainly enjoys himself.

[boxerdogz] 08/12/2020 11:50

It's started . The Pound is slipping now , down she goes, get ready people the money machine awakes !

[boxerdogz] 08/12/2020 11:49

Perhaps the latest female influence in Boris' life with her greenie views might lead a campaign against 'food miles'. All those hundreds of millions of truck miles just to bring Greek or Spanish potatoes to a country not short of spuds might be a start. Most people are quite unaware that truck loads of produce that can easily be produced here, cross Europe for as little as an extra £100 profit on the whole 26 tonnes.

THIS is so true !!!! Wise words from a comrade in arms

[alphorn] 08/12/2020 11:48

So long as they stay on this thread. ;)

[boxerdogz] 08/12/2020 11:47

Alphorn . Behold an enemy , an infiltrator , an EU shill . Beware the Demons, they live amongst us, the may look and sound like us , but they ARE Spies !

[minerve 2] 08/12/2020 11:46

Boxer

IT WILL NOT HAPPEN.

You don't fully understand the dynamics and doctrine of the Tories.

The Tories are not interested in traditional heavy industries like ship building, steel and mining. They are working class industries and empower Labour and unions.

[lefrene] 08/12/2020 11:45

Splitting hairs, but it's currently 43%

Trade is important, but escaping from being treated as a slave colony is in my view more important, particularly so when the tyrant is wasteful, incompetent and corrupt.

The UK is striking trade deals all over the place, and I don't see why we can't prise away some of the other disaffected States that are fed up with this office block of unaccountable apparatchiks ruling the roost, to the advantage of Germany and France.




Perhaps the latest female influence in Boris' life with her greenie views might lead a campaign against 'food miles'. All those hundreds of millions of truck miles just to bring Greek or Spanish potatoes to a country not short of spuds might be a start. Most people are quite unaware that truck loads of produce that can easily be produced here, cross Europe for as little as an extra £100 profit on the whole 26 tonnes.

[alphorn] 08/12/2020 11:44

Oy Poodle - what tax take? A first, taxing losses?

Back to your kennel; or even better take time off again from posting.