Lloyds Banking Share Discussion Threads

[cobourg1] 15/12/2020 16:18

WTF is causing this price rise?

[jl5006] 15/12/2020 16:18

Stewart
"only a fool would leave with a no deal with only a few days to go"
Only an utterly stupid PM would allow the EU to be the master of all we do in the future. Doris is a buffoon and although he has been quoted as to giving ground on state aid - he would be blown out of No 10 -de suite - tonto pronto
So there is doubt about him - but he would be dead in the water not whatever his ditch comment was

[mikemichael2] 15/12/2020 16:03

Over a quarter (29%) of the UK’s fishing quota is owned or controlled by just five families on the Sunday Times Rich List.

In England, around half (49%) of fishing quota is held by Dutch, Icelandic and Spanish companies

This group also has minority investments in companies and fishing vessel partnerships that hold a further 8% of the country’s fishing quota. This means companies holding over a third (37%) of the UK’s fishing quota are wholly or partly owned by this tiny handful of wealthy families.

At present, small boat fishermen receive just 6% of the national quota.

[stewart64] 15/12/2020 15:59

I'm thinking a Trade Deal looking about 75% on . Only a fool would leave a No Deal with only a few days of notice, they would have walked by now if there was a likelihood of failure. Tories are doing the tough talk, but I reckon they have enough on the table to Deal as it stands and are continuing the theatricals in the hope of more concessions.

[k38] 15/12/2020 15:41

Maybe Alp can help us if he knows...;))UK been within European union all others had access to our waters... not now.But the question about quotas who sell them to the fishermen in the first place... French government to French fisherman and so on? If so any conversation for a non expired or lapse lincense must be paid by individual government to their own fisherman. "The issue of quotas has never been discussed or explained as far as one can tell. Do they expire or lapse when a member state leaves the CFP?"

[maxk] 15/12/2020 15:37

Thats the way it looks k38.


Absolutely mad, no one, but no one signs up to a one sided "deal" like that.

[k38] 15/12/2020 15:29

Well, they want back the powers they lose with Brexit.. our awnser... get lost!

[maxk] 15/12/2020 15:15

Europe’s level playing field ultimatum may force Johnson into a no-deal

The EU assumes the UK must avoid no-deal - but such an outcome would be far from a catastrophe

AMBROSE EVANS-PRITCHARD
15 December 2020 • 12:00pm
Ambrose Evans-Pritchard



This article is an extract from The Telegraph’s Economic Intelligence newsletter. Sign up here to get it direct to your inbox every Tuesday.


To understand why the level playing field battle is so elemental in Brexit talks, you also have to understand how far Europe’s demands for a ratchet clause go beyond any normal trade practice.

Lightning sanctions to punish divergence are entirely alien to the ecosystem of free trade agreements (FTAs) under international law. Ursula von der Leyen stated last week that Europe would restrict access to the single market if the UK declined to follow when the EU “raised its level of ambition”.

This is extraordinary. The EU wants a licence to act as prosecutor and judge over what constitutes “unfair competition”, able to slap on sanctions whenever Britain passed a new law or failed to replicate a fresh EU law. That is why we were on the brink of rupture last Friday.

The gloom has lifted and the two sides are now talking about a “rebalancing mechanism”.


It fudges the issue of how closely the UK must shadow EU legislation, and what proof is needed to show that any divergence is covert trade dumping. The spin is that it would allow the imposition of specific tariffs if the gap in competitiveness widens – whatever that means – but not the nuclear option of blanket tariffs. Michel Barnier said the UK had agreed to discuss this mechanism. That is not the same as acceptance. It is still a ratchet clause.

Furthermore, the EU is insisting on powers of cross-retaliation in fisheries, threatening to dial down broader access to the single market access if the UK tries to exercise sovereign control over its waters in the future. Whether there is any path to a breakthrough depends on whether the EU has changed its fundamental strategy, or whether it is merely tweaking the presentation to make it easier – in the eyes of Brussels – for Boris Johnson to climb down. If the latter, we may still be on track for a no-deal.




Full article:

[grahamite2] 15/12/2020 15:11

In certain American states slaves were once assets like farms, forests, property, share holdings etc etc. but that changed when there was a political change.

Russian government bonds were once assets like farms, forests, property, share holdings etc etc. but that changed when there was a political change.

As these examples show, sometimes there is compensation when assets are lost and sometimes there is not.

[poikka] 15/12/2020 15:06

"Barnier was also more optimistic, telling ambassadors that fisheries was now the last big obstacle."

Correction: he should have said that "..the French are now the last big obstacle" - as usual.

No good French fishermen blockading French ports, goods will just be diverted to Zeebrugge, for example; or maybe Ostend will reopen - not sure about that. Loads of roro berths available.

[maxk] 15/12/2020 15:01

Farms, forests, property, share holdings etc etc are controlled by the law of the land.

[alphorn] 15/12/2020 14:30

Quotas are an asset as are farms, forests, property, share holdings etc etc. They are owned by the registered individual/company/trust etc.

[alphorn] 15/12/2020 14:25

PC - Quotas have been discussed many times in the past.

Here is a snippet from a few years ago. The numbers are what I remember so have not looked further.

"Figures published by the Department for Environment, Food and Rural Affairs (Defra) suggest Spain, Holland and non-EU state Iceland have already bought up almost 90 percent of the entire fishing quota of Wales, as well as more than half that assigned to England.

The revelation comes despite environment secretary Michael Gove’s insistence that Brexit will enable the UK to regain control of fishing rights within British waters".


The story is an emotional red herring.

[patientcapital] 15/12/2020 14:00

The issue of quotas has never been discussed or explained as far as one can tell. Do they expire or lapse when a member state leaves the CFP?

[jordaggy] 15/12/2020 13:49

Negative rates doing the rounds again I see.

[crazi] 15/12/2020 13:48

Rasl5 - unfortunately yes...

[misterbluesky] 15/12/2020 13:47

Bozo will do a rotten lousy deal just to save his own skin ... and will sell it to idiot Brexiteers as the greatest since sliced bread.

[mikemichael2] 15/12/2020 13:36

'I shall be seeing my family in the usual way'


I don't give a stuff about Christmas, do you not see your family at other times? Are there any vulnerable family members? Can you see them ALL in a safe covid free way?

If you are putting any of them at risk, then you are a fool.

It's all baloney anyway.

[utrickytrees] 15/12/2020 13:34

Paxman was so biased towards Cambridge last night, he claims hes a sensible old Tory but put him in a room of students and he soon reverts back to being the bra burning CND & extinction rebellion supporting cambridge educated lefty that he so obviously is. If I were that kid from Oxford who kept picking his spots I'd have stabbed him.