Lloyds Banking Share Discussion Threads

[optomistic] 14/5/2021 13:04

This 48p looks like it is going to take a bit of nailing!

[xxxxxy] 14/5/2021 12:53

The UK will likely have to issue its own digital currency to "meet the needs of modern day life," a top Bank of England (BOE) official has said.Sir Jon Cunliffe, deputy governor for financial stability at the Bank of England, said new technologies like stablecoins - a form of crypto-assets - could transform money and shift people away from cash."Having watched the digital transformation of other parts of the economy, one would not bet against the next wave of technology leading to further major transformation," he said. "We could now, in payments, be in a 'Blackberry' world about to see the introduction of the 'iPhone'."It came as Cunliffe addressed the need for public money to keep up with the innovations happening in the private market."We may not be there yet," he said in a speech on Thursday. "But it looks probable in the UK that if we want to retain public money capable of general use and available to citizens, the state will need to issue public digital money that can meet the needs of modern day life."Read more: Bank of England and UK Treasury explore 'digital pound'The BOE and the UK Treasury said last month they were exploring a potential national digital currency, amid a groundswell of interest.Dubbed "Britcoin" by the press, the BOE has previously said any UK digital currency would be a new form of digital money that could be used by both households and businesses.Interest in central bank digital currencies - often abbreviated to just CBDC – has evolved from the growth of decentralised digital currencies such as bitcoin (BTC-USD) and ethereum (ETH-USD), which have taken markets by storm.Watch: Bank of England says UK to recover from COVID by end of year 0:431:44  Bank of England says UK to recover from Covid by end of yearLast year, the coronavirus crisis exacerbated a longterm shift away from cash and towards digital payments. A recent BOE survey found that 70% of respondents were using less cash than prior to the pandemic."The pandemic and consequent huge forced experiment in remote living, working and transacting has, at least temporarily, accelerated these trends," Cunliffe said."We do not, of course, know how persistent these changes will be when we emerge from the pandemic. I think, however, that it is a relatively safe bet that the experience of the last 12 months will lead to further acceleration of the move from physical to electronic/digital money and with it a shift from public to private money."Read more: 'Britcoin': Central bank digital currencies explainedThe Bank of England has said any CBDC would be a new form of digital money that would exist alongside cash and bank deposits, rather than replacing them. The central bank has committed to maintaining access to cash despite the decline in use."I do not think that demand for cash will entirely disappear any time soon," Cunliffe said. "Many still rely on it for a number of reasons."But cash, and by extension public money, is becoming an ever smaller fraction of the money we use in the UK and increasingly unusable in a digital world.".... Yahoo Finance

[minerve 2] 14/5/2021 12:35

Scruff

What happened last night? 😉

[sentimental rules] 14/5/2021 12:31

always bragging that hes 'a millionaire'

you know what they say about those who brag

and anyway as I have said before, being a millionaire these days doesnt mean much at all.


keep bragging vermin - it shows us exactly where you stand lol

[sentimental rules] 14/5/2021 12:30

hahahahahahaha oh vermin you do make me laugh

im always apparently 'on filter', yet you rise every time and reply amazingly to what ive written

keep the anger coming - makes me day

bless ya vermin

[crazi] 14/5/2021 12:19

If the rates keep falling like this we may see 50p next week :-)


Trading Floor Audio
@TradeFloorAudio
·
44s
UK Covid-19 infection rates contimue to plummet !!!!
Quote Tweet
Covid Fact Check UK
@fact_covid
· 14m
The @ONS Infection Survey shows some significant drops in prevalence in week ending 8 May.

Estimates of people testing positive:

England: 1 in 1,340 (was 1 in 1,180)
Wales: *1 in 4,230* (was 1 in 2,070)
N Ireland: 1 in 1,430 (was 1 in 750)
Scotland: 1 in 1,250 (was 1 in 760)

[minerve 2] 14/5/2021 12:11

Police can only drive around like Starsky & Hutch, screw each other - during and after hours - and sit in cars feeding their bellies with Starbucks coffees and sandwiches.

[thomstar] 14/5/2021 12:10

Only briefly at hen parties

[scruff1] 14/5/2021 12:07

Not funny max
Already like that with the police - for anyone that still bothers with em. They have become largely irrelevant to most people's lives on account of never seeing em. Do they still wear uniforms?

[scruff1] 14/5/2021 11:59

Another black mark for the Fat One. Apparently a number of Secretaries of State who disagreed with the lockdown policy were told to keep their gobs shut or face the sack. Same happened to scientists who disagreed with SAGE so I guess we shouldnt be surprised. Has Fat Boys style of govt got a name? The going hasnt got tough yet but its starting. Got any spare popcorn Minnie

[sentimental rules] 14/5/2021 11:50

if it means another year wfh then ill have to deal with it :-)

[nick100] 14/5/2021 11:47

All we need is from the Government to release the banks from paying proper dividents for this to soar, hopefully some time this year.

[skinny] 14/5/2021 11:43

New 12+ month high @48.27p

[geckotheglorious] 14/5/2021 11:29

mikemichael2
Post 339201

"BBC headlines.
"Indian variant: What's causing the spike in Bolton"
They won't tell you the truth, scared, well it is due to Asians returning from abroad, reluctant to take the jab and total disregard for the rules most of us have been adhering to, however,they won't print that.

Why have they been allowed to travel anyway???"

This fact alone tells me Covid isnt as serious as the scaremongering MSM is making out. If it was they'd close the border tout suite as that is the most sensible thing to do.

Given at the height of the pandemic UK was still allowing flights from hot zones(Italy/China 2020) and India/Africa now with all these "mutant variants" is either the height of stupidity or evidence that Covid isnt half as bad as the establishment is making out.

Which is it I wonder as common sense tells us borders should be closed immediately to any nation with a hot zone, a new variant outbreak...so why are we not doing so???

And why are we not shutting off all the illegals crossing the English channel from France - some are clearly bringing Covid. Dump them back in France whether France agrees to take them or not.

Allowing sick/diseased people to traverse your territory to get to a third country(and escorting them with your navy) is an act of war.

[sentimental rules] 14/5/2021 11:25

vermin 2 doing what he does best

moan and be a manic depressive

sad pathetic alcoholic

[minerve 2] 14/5/2021 11:25

I've noticed an increase in Asians and rough sorts starting to shop at M&S. Shopping at their regular groceries has become a COVID breeding spot so they are bringing it to everyone else.

LOL!

[minerve 2] 14/5/2021 11:22

Completely agree mm2.

Government haven't got the balls to tell the Asians they can't have family going back and forth like they always seem to be doing. You should see Manchester Airport some days.

If we are not careful a new variant will appear which isn't held back by vaccines. Then we will be back to square one and the economic support magic money tree will have died.

[scruff1] 14/5/2021 11:20

More organised in Scotland. Hamza wotsecalled is stopping em travelling. Wrong way but its a start

[mikemichael2] 14/5/2021 11:07

BBC headlines.

"Indian variant: What's causing the spike in Bolton"

They won't tell you the truth, scared, well it is due to Asians returning from abroad, reluctant to take the jab and total disregard for the rules most of us have been adhering to, however,they won't print that.

Why have they been allowed to travel anyway???

[skinny] 14/5/2021 11:01

There's a gap within grasp from last March.

[crazi] 14/5/2021 10:54

I reckon 58p by end 2021