Lloyds Banking Share Discussion Threads

[grahamite2] 21/1/2021 08:47

Surprised to hear you say that Utricky, I thought it was garbage and didn't finish it in the Daily Telegraph. I don't know why xxy reproduced it.

In stark contrast to his predecessor’s inauguration four years ago, Joe Biden’s speech was befitting of the office

Trump’s sinister demagoguery

I couldn't be bothered to carry on. That article would be right at home in The Guardian.

[utrickytrees] 21/1/2021 08:35

537 spot on 5xy.

[utrickytrees] 21/1/2021 08:35

537 spot on 5xy.

[freddie01] 21/1/2021 08:05

Why doesn’t the news media refocus its attention and give some exposure to businesses who are doing great things?


Currently you cannot escape the doom and gloom being depicted in our media; and yet in manufacturing we’re seeing a very different picture.

It is true that businesses have challenges but that is not new, business is a challenge all the time and there are always problems. Businesses are used to this and it stimulates their natural response to understand the challenge, innovate solutions and implement strategies that will move them not only past the problem but into success.

If there was ever a good news story, it would be the way our manufacturing industry is rising to the challenge of 2021. If there was ever a time when the nation needed a good news story full of hope for the future now would be the time.

So why doesn’t the news media refocus its attention and give some exposure to those businesses who are doing great things? Surely there is worth in articles featuring the ways in which businesses have managed (and continue to manage) through the pandemic. We feel this could provide not only some great stories but be a way of sharing ideas to support other businesses.

At Hillside we feel we are a typical example of what’s happening in businesses across the UK. We are supporting those staff who can work from home, we are managing transport to and from home and providing a safe environment for those who remain in the office. We are still here for our clients and our suppliers who rely on us. It’s business as (the new) normal.

HPDL Director Chris Howsam says “The New Year has brought us new enquiries from established clients and new prospects. It’s clear to us that there’s a desire for many to come out of covid-19 in the starting blocks and ready to go.”

He adds “it is time we celebrated some positive news and where better than a look at our manufacturing industry and the fantastic way they are rising to the challenge of 2021?"

So come on Journalists, Editors, TV Producers… can we see some reporting on the efforts being made by businesses, and in particular our manufacturing industry to secure our economy and make 2021 a better year than it is at the moment.

[freddie01] 21/1/2021 08:02

Derby’s Bombardier secures multi-billion pound export order


A consortium led by Bombardier Transportation has confirmed a deal with the Egyptian Government to build two new monorails thanks to £1.7 billion backing from UK Export Finance (UKEF), the largest amount of financing it has ever provided for an overseas infrastructure project.

International Trade Secretary Liz Truss today announced the government guarantee, which will support highly skilled jobs in Derbyshire as the UK builds back better in the aftermath of coronavirus.

Bombardier’s consortium was named preferred bidder for the project at the 2020 UK-Africa Investment Summit and, with UKEF’s guarantee, has secured the financing needed to fulfil the contract and start production. Bombardier can now invest in its manufacturing centre in Derby where the trains for the Egyptian monorails will be designed and built.

This will be the UK’s only monorail car production line and will directly support 100 UK jobs at the company and many more in its UK supply chain.

This news comes as the UK hosts the Africa Investment Conference today its first major international investment conference as an independent trading nation. The UK-Africa trade relationship was valued at £35 billion in 2019, with around £54 billion of bilateral investment stock on top of that. The UK is by far the biggest foreign direct investor in Egypt and continues to aspire to be its trade and investment partner of choice, and UKEF will play a key role in this shared vision for growth.

International Trade Secretary Liz Truss said:

“Trade is an incredibly powerful way to propel growth and create jobs as we recover from the pandemic. This deal shows why we are so determined to get businesses to grasp these opportunities and take advantage of the support available from Government. One third of our economy is exports.”

Matt Byrne, president of Bombardier Transportation (UK and Ireland), said:

“The Cairo Monorail export win, against international competition, shows that that the UK rail sector can fight and win in key growth markets such as sustainable transport. This is the first UK export since our Derby-built trains were exported to South Africa for the Gautrain project in 2008.”

Bombardier employs 4,000 people in the UK, with around 2,000 in Derby including over 400 specialised engineers, who develop and build trains for rail franchises across Britain. This expertise will be used to build and maintain two electrified monorails that together will transport millions of people every year in the Cairo metropolitan area. The new lines will connect the New Administrative City with East Cairo and 6th October City with Giza.

The monorails are a part of Egypt’s plans to build a sustainable transportation infrastructure that can cope with its growing population while reducing climate change impacts.

[xxxxxy] 21/1/2021 07:34

John Redwood@johnredwood6mDemocracy thrives on strong disagreements and constitutional opposition. The unity you should strive for is agreement about the fairness of elections and the ways of debate and decision taking. I wish the new US President well in reaching out to all those who disagree with him.

[xxxxxy] 21/1/2021 06:49

Britain needs Biden to succeed, but US decline might now be unstoppableThe president's speech struck the right notes, but I still can't help fearing for the United States's futureALLISTER HEATH20 January 2021 • 9:30pm?Our fate is inseparable from America's: if the Republic falls, if individual liberty, constitutional democracy, free markets and equality before the law fail, so does the whole of the West. The United States may never have lived up to its ideals, but it remains a beacon among nations, a beautiful idea, a country with a unique, liberating mission.In stark contrast to his predecessor's inauguration four years ago, Joe Biden's speech was befitting of the office he has inherited: this was indeed "democracy's day", with all of the proper iconography, and his message of healing and renewal exactly what the world was hoping for. As he put it, "politics doesn't have to be a raging fire, destroying everything in its path."Much will now improve. His administration will respect democratic, civil and constitutional norms; global affairs will no longer be randomly upended by a stream of half-baked, fanciful Twitter egotism. The rupture with despicable neo-fascists will be total, and presidential pronouncements no longer designed to shock and provoke enemies while achieving little else. The fight against Covid will be conducted more professionally.Yet America's challenges are profound and existential, and long predate Trump's sinister demagoguery. Despite its military superiority and its scientific, technological and corporate triumphs, the country has been in relative and sometimes absolute cultural, social, political and economic decline for at least two decades. George W Bush messed up, Barack Obama failed to stem the slide and Trump left in disgrace. I hate to be pessimistic so early into his presidency, but it is hard to see how Biden will be able to truly move the dial.He is right that a central problem is that America has become poisonously divided into two warring camps as part of the "uncivil war" described in his speech, but a truce will prove almost impossible to negotiate.In the Sixties, all classes shared similar values when it came to religiosity, the family and patriotism. The rich didn't form their own caste, and could easily relate to the rest of the country. The ideological gap between Democrats and Republicans was minimal. Today's America is unrecognisable. The highest earners, mostly Ivy League and similar graduates, marry others like themselves, spend a fortune on their children's education, live in urban areas or wealthy enclaves, and worship at the church of woke. The poorest no longer marry, drop out of school, earn less and increasingly depend on opioids and videogames. Cultural inequalities have reached extreme levels.The old, quintessentially American "yeoman middle class" of blue and white collar property owners and believers in the American dream is being hollowed out, as Joel Kotkin warns in The Coming of Neo-Feudalism. Surging property and health care costs have squeezed living standards. As a recent article in the Atlantic put it, in the Nineties The Simpsons felt realistic; today, their quality of life is beyond the reach of much of Middle America.Power and influence have shifted not just to a new oligarchy, led by the Silicon Valley barons, but also to a credentialed clerisy of tech workers, academics, lawyers and creative types. In the past, Left-wingers used to want to help the poor; today, the younger woke vanguards are more interested in shaming working class voters who disagree with them. The same is true of the more extreme environmental activists, hence a class war based on education and values.Tragically, the rise of critical race theory means that the ideas of Martin Luther King, one of the greatest Americans of all time, are now losing popularity. Instead of seeking a colourblind society where race no longer matters, the woke ideology prefers to accentuate differences.It is no wonder the political system looks broken. Both sides view the other as morally flawed, contemptible and illegitimate, a perception that Trump deliberately stoked but one that Biden will find it hard to reverse. Younger voters tell pollsters they don't trust in democracy as much; they are much more likely to embrace socialism and even communism. Woke ideology's inherent illiberalism, its central belief that anybody that doesn't agree is suffering from "false consciousness" is itself profoundly totalitarian and driving a tragic loss of faith in American institutions from the Left.The ever-increasing power of the juristocracy, promoted by Left and Right, is an inherent flaw in the US system. Another is the Faustian pact under which a small cadre of corporate interests are allowed to exercise undue, illiberal and anti-free market influence on rule-making through lobbying and political activity, in return for billions of dollars of "protection money" for Washington. Most politicians benefit; a tiny group of established, corporate insiders stand to gain; but taxpayers and genuine entrepreneurs lose out. It's a warped system but won't go away under Biden, who now also has to cope with an explosion of crime in the biggest cities.The next great challenge is that the frontier spirit is in decline: America is becoming staler, less innovative, less willing to take risks and reinvent itself. Around a fifth of Americans moved home every year in the Fifties and Sixties, a proportion that was fleetingly reached once again at the height of Reaganomics; yet mobility has been in decline since and by 2018-19 fell below 10 per cent for the first time since 1947.Paradoxically, despite the staggering success of Californian tech firms, the start-up culture is dying, and moving out of the US. Fewer Americans work for younger companies, and more and more work in larger firms. The share of companies aged 11 or older has shot up. The answer is not higher taxes or more regulations, yet that is exactly what Biden's team is proposing. Capitalism needs to be rebooted, not throttled further, and economic and productivity growth bolstered, and yet the new administration is promising policies that will reduce incentives while fuelling the asset and debt bubble.I hope I'm wrong, and that Biden can somehow deliver a series of miracles. His speech struck all of the right notes, but words alone cannot heal the fissures at the heart of the Republic. A new, more civilised era is beginning for his country, but I continue to fear for America's future.... Daily Telegraph

[ekuuleus] 21/1/2021 04:39

minnerve, america is a lovely country.

[k38] 21/1/2021 03:05

U.S. money supply is growing at a pace of roughly 70% on an annual basis. That is just crazy. This is the beginning of the U.S to become Venezuela https://financialpost.com/pmn/business-pmn/dollar-on-back-foot-as-biden-optimism-bolsters-riskier-currencies

[k38] 20/1/2021 23:38

More job losses before even say "good morning America"Lol...

[minerve 2] 20/1/2021 23:35

Mexican wall construction already stopped. Great stuff.

[minerve 2] 20/1/2021 23:34

We can all sleep more peacefully tonight.

Goodnight Joe & family. :)

[k38] 20/1/2021 23:27

"Biden is about to give citizenship to 11 million illegal immigrants, and also intends to make US borders open to anyone who wants to settle in the US."And listening to CNN... (BBC it's amateur compare to CNN).... they avoiding talking about the "new and future Americans"

[scruff1] 20/1/2021 22:43

On the bright side - Man U 2 Fulham 1. Man U in their rightful position in the prem :-)

[xxxxxy] 20/1/2021 22:30

Douglas McCabe20 Jan 2021 8:40PMAmerica is on a downward spiral to chaos and disaster. Why? Because the white majority population will only be maintained until about 2045. After that, white voters will be outvoted by coalitions of ethnic minorities.Add in the fact that Biden is about to give citizenship to 11 million illegal immigrants, and also intends to make US borders open to anyone who wants to settle in the US, and America has an insoluble problem that can only end with widespread violence and possibly a partition of the country, an outcome the Marxist dominated Democratic Party will naturally push relentlessly for. Anything that will bring about the downfall of the greatest of the West's democracies would realise their wildest dream.Welcome to the Presidency, Joe.

[minerve 2] 20/1/2021 22:02

No additional paperwork was that Boris?

ROFLMAO!


Oven ready rotten pork! - and that's just Boris! LOL!

[k38] 20/1/2021 21:31

mark, thums up.......???

[misterbluesky] 20/1/2021 21:27

Rotten Brexit is doing wonders for UK Exports...

Brexit: 'My meat shipment is rotting in Rotterdam'

Tony Hale has five containers of pork sitting at Rotterdam port that is now "rotten".

"We've not been able to move it on," says the boss of London-based DH Foods, "so it's going to have to be destroyed."

[johnkettleyistheweatherman] 20/1/2021 20:53

its ok …. woody wont touch your prosecco pauper boy

[minerve 2] 20/1/2021 20:52

Is loser boy still stalking me?

LOL!

[johnkettleyistheweatherman] 20/1/2021 20:50

woodys coming to empty your pockets once more m2 lol

[minerve 2] 20/1/2021 20:41

Why mm2 needs live pricing I don’t know.