Lloyds Banking Share Discussion Threads

[geckotheglorious] 22/12/2020 08:21

FYI

One of the evolved versions of the original COVID--19 virus has travelled from South Africa to the UK has caused a panicky response from European governments.

The new variant appears to be more infectious but no more lethal than the last. That suggests it will quickly become the dominant form of the virus circulating the global before long.

Since the newer version is now already in Italy, <------------------------

closing borders with the UK is unlikely to have any effect on its ability to spread inside the EU.

"So it is all political this closing the border posturing"

[xxxxxy] 22/12/2020 08:00

What happened overnight Asian shares widened losses on Tuesday, extending a pullback from multi-year highs hit last week on fears a highly infectious new strain of COVID-19 that hit Britain could lead to a slower global economic recovery.Sentiment continue to sour with FTSE futures down 0.14pc and E-mini futures for the S&P 500 index off 0.29pc, even as the U.S. Congress on Monday approved a long-awaited $892 billion coronavirus aid package.Australia's S&P/ASX 200 was 1.21pc lower. Japan's Nikkei 225 was down 0.77pc in the afternoon session, touching its lowest levels in two weeks, as investors took profit from stellar gains over the past couple of months."Any selling is probably not going to find much resistance. The clients I speak to are more inclined to be locking in some gains than piling in more money," said John Milroy, investment advisor at Ord Minnett, a Sydney-based stock broker.MSCI's gauge of Asia Pacific stocks outside Japan fell 0.75pc. Hang Seng Index further slipped 0.63pc and China's benchmark CSI300 Index declined 0.35pc... Daily Telegraph

[geckotheglorious] 22/12/2020 07:58

Aceuk
Post 325931
"Boris is sorting out Covid with our friends in Europe very quickly - LOL!"


Europe already has this new strain fyi....


"Macron's lorry ban is utterly pointless - mutant Covid is already all over Europe. The irony is that Britain will soon be riding to rescue the Continent - Ambrose Evans-Pritchard 21 December 2020"

Emmanuel Macron’s ban on lorries entering France wins the prize for the most pointless political gesture since the onset of this pandemic. The mutant strain B.1.1.7 is already all over Europe. British scientists spotted it early and have tracked it in real-time because the UK has carried out almost as much genome sequencing of Covid-19 as the rest of the world combined. Harvard epidemiologist William Hanage says the UK has the most advanced genomic monitoring regime on the planet.

Denmark is one of the few other states in Europe that also does extensive and rapid sequencing. Lo and behold, the Danes have found the same mutation. Many countries do little or no genomic sequencing at all. It stretches credulity to imagine that a variant picked up in samples as far back as September is not already rampant in Belgium, the Netherlands, Italy, and indeed France. It had months to run when borders were wide open, long before the second lockdowns.

The spectacle of Britain cut off from the world as a leper-state in viral quarantine is unlikely to last more than a few days. The selective discounting of sterling and UK financial assets is the fleeting reaction of skittish markets trying to find their way through the fog" . . . . .

[xxxxxy] 22/12/2020 07:38

Lockdown may allow more time for mutations and the virus adapting. Lockdown may have the opposite effect from what was intended.

[xxxxxy] 22/12/2020 07:35

Lockdown has been tried many times now, and does not work. It has been tried over and over all the way from  China. It is a Medieval strategy ineffective and not fit for purpose. Continuation with a failed tool, is irresponsible to all, and possibly opens the door to legal considerations. Better to have management of shieding the vulnerable. And allow the rest to live and work and play. For everyone's sake and particularly the children and the young. Lockdown is not fit for purpose. Management please, not politics. Solutions please, not lies and political point scoring.

[stansmith3] 22/12/2020 07:16

Is anyone on this thread more ill informed than asa8?(Excluding all ERG sympathisers of course)

[xxxxxy] 22/12/2020 07:02

Covid mutated to Covid Paranoia.Anyway, have a nice morning.

[asa8] 22/12/2020 06:47

I see the media are loving it another
Lockdown inspired by witless and his mate
What’s the flu death figures this year

[maxk] 21/12/2020 23:45

You'll be waiting for some time...


stonedyou ... filtered

[maxk] 21/12/2020 23:15

stoned, are you stupid?

It's there, in your face, read it!

[k38] 21/12/2020 23:12

Scottish first minister: UK must extend Brexit transition period. Downing street rules out extension to Brexit transition period. Brexit trade deal negotiators miss European parliament's deadline.

[sikhthetech] 21/12/2020 22:55

AceUK, Stamp Duty hol caused the surge in prices in the summer/autumn as buyers trying to beat the Stamp Duty hol. There was an initial pent up demand due to covid but Stamp Duty hol increased the demand. Covid is still surging, yet asking prices have now started to drop off.



Estate Agent's view:

"Since the tax break on homes priced below £500,000 came into force on July 8, one in seven homes has sold within a week of coming to the market.
During the same period last year, one in 10 homes sold within a week."

"However, he warned sellers not to delay too long. “It is still likely that demand will start to soften as it always does towards the end of the year,” he said.

“The conveyancing log jam created by the pause and subsequent market surge means that people thinking of coming to market really need to do so in September or early October if they want to have a chance of completing with enough time to beat the stamp duty deadline.”"


"Jeremy Leaf, principal of Jeremy Leaf & Co estate agent in Finchley, said the market has been busy ever since it reopened in May and this energy has been given “added impetus” by the prospect of avoiding paying stamp duty. "

[maxk] 21/12/2020 22:41

Britain and the EU moved closer to a compromise on fisheries on Monday night as MPs were told to prepare to vote on a potential trade deal on Wednesday next week.

The Government tabled an 11th-hour proposal that would see the bloc slash the value of its fishing catch in UK waters by roughly a third over a transition period of five years, it was claimed, down from an initial demand to cut it by 60 per cent over three years.

EU negotiators have held out for a reduction of just 25 per cent over a seven-year transition, according to reports. The bloc initially tabled a cut of 18 per cent over 10 years.

However, an EU official speaking about the UK's latest offer told The Telegraph: "It's still a no from us."

[ignoble] 21/12/2020 22:37

Big outbreak at the DVLA Offices

Modern tall office... Usual modern stuff.
Sealed windows and air condiditioned.
Any virus is trapped in the building and being circulated.
Of course everyone will catch it.