Lloyds Banking Share Discussion Threads

[minerve 2] 17/12/2020 12:26

Find the most boring stock. Find the unloved stocks. That's where the money and value are.

Not fancy boy stocks like Tesla or numpty coins.

[minerve 2] 17/12/2020 12:25

Serco, one of my holdings, doing well.

[mr.elbee] 17/12/2020 12:03

havent they heard about elasticty of demand?

This will NOT work.

typical though, when fascisti are in charge, thanks to the shameful complacence of the establishment.

[ekuuleus] 17/12/2020 12:00

10% on food and household fuel. Same on food at restaurants to help the industry.

[poikka] 17/12/2020 11:55

BBC (pick me up) has a pic of Macron with his arm around the Spanish PM, with barely a cm between them, never mind 2m. Still, they were wearing masks, so that's ok.

[maxk] 17/12/2020 10:48

The party's over, it's time to call it a day....




The borrowing will have to end, says Rishi Sunak

His intervention comes after government borrowing hit more than £22 billion in October, the highest total for that month on record

By
Lucy Fisher,
DEPUTY POLITICAL EDITOR
16 December 2020 • 9:59pm





The Chancellor has declared he must rein in government borrowing next year and signalled his opposition to a one-off wealth tax to pay for the coronavirus crisis.

Rishi Sunak, the former hedge fund manager who has been at the helm of the Treasury since February, said the current level of borrowing is unsustainable.

His intervention comes after government borrowing hit more than £22 billion in October, the highest total for that month on record.

From the beginning of the financial year in April until October, the state borrowed £215 billion, according to the Office for National Statistics. UK public debt now stands at more than 100 per cent of GDP for the first time since the 1960s.

The economic impact of Covid-19 and the actions the government has taken in response - including the furlough scheme, support for business and extra cash for the health service - have led to “a significant but necessary increase in our borrowing and debt”, Mr Sunak acknowledged last month.





In an end-of-year interview with the Spectator magazine, published on Thursday, he warned: “It is clearly not sustainable to borrow at these levels. I don’t think morally, economically or politically it would be right.”



Full story:

[josh 32] 17/12/2020 10:11

Naz Shah,Diane Abbott.shadow justice Secretary Lammy fined 5,000 for London mayor election not so super

[johnkettleyistheweatherman] 17/12/2020 10:10

minerve still yearning for anti semite Steptoe to be our PM lol

[minerve 2] 17/12/2020 10:04

Gove, Patel, Boris, Mogg

Superstars.

[maxk] 17/12/2020 10:03

Brexit talks could be in their final stages, Priti Patel has signalled, saying negotiations have entered "that tunnel".

MPs are expected to be told that Christmas recess will end today, but that they could be recalled with 48 hours notice to sign off any deal. Michael Gove is also due to update the Commons on the latest in Brexit talks this morning.

Boris Johnson has cancelled a trip that was due to take place on Friday, fuelling speculation that a deal could be near, according to the Sun.

The Home Secretary has further stoked those suggestions, telling LBC: "Those talks continue and I can say now, if we do get a deal then obviously Parliament will come back, we will absolutely come back to finesse and do the legislation that's required.

"But, currently, we're in that tunnel of negotiation and our teams continue to work incredibly hard."

She added: "The Prime Minister and the Government, we've all been very clear that we're not walking away, we will continue to negotiate to get this free trade agreement, but of course we're never going to accept anything that undermines or compromises our independence and our sovereignty as a country.

[minerve 2] 17/12/2020 10:02

British American Tobacco PLC said Wednesday that its Investigational New Drug application for a coronavirus vaccine has been approved by the U.S. Food and Drug Administration, allowig it to proceed to Phase 1 clinical trials in adult volunteers.

BAT--which produces cigarettes, electronic and vape products and other tobacco products--said its vaccine candidate will shortly enroll 180 healthy volunteers for a trial, with results expected in mid-2021. If positive, the results would allow for a Phase 2 study, subject to regulatory approval.

The candidate vaccine, developed by BAT's U.S. bio-technology arm Kentucky BioProcessing, uses fast-growing plant-based technology. The approach brings a number of possible advantages, including the rapid production of vaccine active ingredients in six weeks rather than several months, and has the potential to be stable at room temperature.

"Moving into human trials with both our Covid-19 and seasonal flu vaccine candidates is a significant milestone and reflects our considerable efforts to accelerate the development of our emerging biologicals portfolio," BAT's Director of Scientific Research David O'Reilly said.

Shares at 1551 GMT were up 6.5 pence, or 0.2%, at 2844.5 pence.

[pal44] 17/12/2020 09:58

The Pandemic is gripping the Nation Bojo has no clue I think to distract he will agree to a Deal with the EU just wait and see .

[jordaggy] 17/12/2020 09:58

The Lloyds brand alone is worth 50p as an intangible.

[maxk] 17/12/2020 09:46

And dont even mention paddyland...

[dublinireland123] 17/12/2020 09:44

A logistics calamity looms large next month for brexiteers and others

[geckotheglorious] 17/12/2020 09:22

Josh32

Le Front National in France is socialist. It pursue socialist economic policies, the antithesis of any Right Winger.

Falsely labelled as Far Right solely on its "nationalism" traits.
There is little Right Wing about the party whatsoever as it believes in the Big State, A State that can and should do all for its citizens. Right Wingers do not believe in that at all.

[diku] 17/12/2020 09:21

Trade deal with Zimbabwe done yet?...

[diku] 17/12/2020 09:20

The markets probably so fed up now that when we do get the news...buy the rumour and sell on the news thingy...

[geckotheglorious] 17/12/2020 09:18

XXXXXY
"Britain signs trade agreement with US"

Wonder how long that will take to hit the Guardian, BBC and all the other quisling media outlets such as the independent (Anything but independent)

And of course when they do, they will highlight all the negatives!!!

[crazi] 17/12/2020 09:00

51.6P included very large provisions at the height of Covid panic though so probably realistically around 60 I reckon...

[maxk] 17/12/2020 08:49

Oven ready turkey..

[josh 32] 17/12/2020 08:47

Ultra right Afd in Germany is the third largest political party and growing Ultra right national front in France is very powerful Italy,Greece,Poland, Czech Republic, Austria have growing powerfull far right movements Hungary actually has a far right government in charge in Britain no far right mp has been elected nor is likely to be so if you want to talk about fascism???

[diku] 17/12/2020 08:45

Not reached temperature yet?...looks like the plan is to release news this Sunday...it will be called Brexit Christmas Deal...





Where is that 'oven ready cake' that Bozo promised?

I believe we have been conned.