Lloyds Banking Share Discussion Threads

[xxxxxy] 15/5/2021 08:25

With £675bn of tourism GDP at stake, EU is now desperate for your holiday poundMillions in EU27 face dire economic consequences if tourists don't come for 2nd year running?© Facts4EU.Org 2021Facts4EU.Org looks at the hit on some EU27 economies and how many EU jobs are at stakePart One : The huge economic hit for many EU countries (this report)Part Two : The massive number of EU jobs at stake (coming tomorrow in our Sunday edition)Covid has had serious consequences for every country and certain sectors have been particularly badly hit. One such sector is of course tourism. With people unable to travel except on essential business, and with the prospect of exhorbitant costs of staying for two-weeks in a quarantine hotel on return when they did travel, holiday plans for most people have been put on hold.At the time of writing it seems impossible to say what the situation will be in two weeks' time, let alone when the summer rush abroad would normally begin in two months' time.This situation might be further complicated if the EU allows British tourists to enter, but keeps up its vitriol and its unreasonable treatment of UK businesses wishing to continue to trade with the EU.The EU has been talking about the tourist question for weeks, with the Commission most recently recommending the easing on restrictions for inbound visitors from relatively safe countries. As things stand, however, their plans do not look very appealing for British holidaymakers. Currently the UK is not on the EU's list of seven nationalities from whom no vaccine passport is required. These seven are:AustraliaIsraelNew ZealandRwandaSingaporeSouth KoreaThailandBizarrely, China – the originator of Coronavirus – is a supplementary to the list, "subject to confirmation of reciprocity".Rwanda is on the list but the most heavily vaccinated country in the world after Israel – the United Kingdom – is not on the list.The EU Commission's latest, published recommendations for inbound tourism"Member States should allow travel into the EU of those people who have received, at least 14 days before arrival, the last recommended dose of a vaccine having received marketing authorisation in the EU..."This should be facilitated once the Digital Green Certificate becomes operational, in line with the rules the Commission proposed on 17 March. In particular, travellers should be able to prove their vaccination status with a Digital Green Certificate issued by Member States' authorities on an individual basis, or with another certificate recognised as equivalent by virtue of a Commission adequacy decision."Until the Digital Green Certificate is operational, Member States should be able to accept certificates from non-EU countries based on national law, taking into account the ability to verify the authenticity, validity and integrity of the certificate and whether it contains all relevant data."- EU Commission statement, 06 May 2021In other words, under the new EU plans it's anyone's guess which restrictions will apply in the case of a particular destination – having an EU 'Digital Green Certificate' (a 'vaccine passport') – or a negative PCR test within 14 days of travel, or something else.For some EU countries, a second summer without tourists will be an economic disasterBelow we show the top five EU27 countries who gained most out of tourism expenditure, based on the latest data available from the EU Commission. This is purely what tourists spend during their stay, not the much larger effect on a country's GDP as a whole.BREXIT FACTS4EU.ORG SUMMARYHow much do tourists spend in each country?France : £55.3 billionSpain : £51.0 billionItaly : £41.5 billionGermany : £34.1 billionNetherlands : £28.0 billionEU total : £349.1 billion?© Brexit Facts4EU.Org - click to enlargeThe amount of EU GDP at stakeAs stated above, tourism has a major impact on many EU27 economies, in addition to the expenditure by tourists during their stay. Below we show the latest figures for countries based on the tourism impact on their GDP.BREXIT FACTS4EU.ORG SUMMARYWhat tourism means to the GDP of EU countriesSpain : £203.5Germany : £90.8Denmark : £76.7Italy : £75.7Netherlands : £26.2EU27 total : £677.3 billion?© Brexit Facts4EU.Org - click to enlargeOBSERVATIONSMany EU countries have always been popular destinations for British people holidaying abroad. The information we have provided above, from official EU data, shows just how much money is at stake for the EU economies if it can't get tourism started this summer.The EU Commission has had a disastrous Covid. It has failed on almost every level, from its failure to come to the aid of Italy when its hospitals were overrun last year, to its lack of funding for vaccine research, to its time-wasting on a French vaccine which still hasn't been produced, to its bureaucratic negotiations with successful vaccine suppliers, to its off-on / on-off approvals of vaccines, and to its current vindictive legal pursuit of Anglo-Swedish AstraZeneca which is the only pharma company to have made its vaccines available at cost.On top of this, the British people are rapidly realising that the EU is carrying out a vendetta against the United Kingdom for daring to leave its sclerotic club. The stories about the absurd checks being made on British goods at EU borders, whilst EU goods are simply waved through at UK borders, are all beginning to penetrate.Might the EU be about to reap what it sows?We are already hearing increasingly from people who now check the provenance of goods in the supermarket when they go shopping. If there is an alternative to an EU product, whether from the UK (preferably) or from the rest of the world, the EU product stays on the shelf. Perhaps this is why the latest ONS figures show a drop in imports from the EU and a rise in imports from the rest of the world.Could this now extend to British people's holiday plans? Putting aside the UK Government's latest warning that Covid restrictions may not be removed on 17th June after all, the EU's hostility towards the UK has become plain for all to see. Just as British pork is currently suffering far more EU inspections than pork from other 'third countries', will British travellers also be subject to the same discrimination?In our Sunday edition tomorrow we look at the surprising number of tourism jobs which are now at stake in the EU27.

[xxxxxy] 15/5/2021 07:15

John Redwood@johnredwoodMass vaccination must lead to unlocking. No need for a wobble about the timetable now. The data on hospital admissions and deaths shows vaccines work.6:53 am · 15 May 2021·Twitter Web App

[scruff1] 15/5/2021 06:56

Just read that Oxford university is trying to get rid of Imperial measures because they are closely related to empire. Use feet and inches all me life and never even knew that was the case I always thought it was ancient. Still dont understand how. Does it bleedin matter who invented summat. Didnt that beligerent empire building midget Bonaparte invent metric? Why do they never have a pop at him? An if metric is that good how come le frogs sell their wine in packs of six same as eggs?
Bring on the Woke Variant. Im gonna become a SUPER SOOOPER SPREADER.

[cheshire pete] 14/5/2021 23:07

...will come home with a patchy tan.

50p soon.

[diku] 14/5/2021 22:22

Seen a news clip of people on holiday in Portugal...but still wearing masks...what kind of holidays they having...

[scruff1] 14/5/2021 22:12

Just looked em up Tricky - close - Irish. Not sure why you thought they were Jewish. Jordan is a name as well as a river ya know :-)

[utrickytrees] 14/5/2021 21:48

That's interesting Scruff, I listened to a song about a kid called Hallelujah Jordan by the hothouse flowers today ..superb it is so...anyway, I bet they're Jewish thinking about it, I thought they we fkin Welsh lol wtfdik??

[scruff1] 14/5/2021 21:15

Just heard the wife had Alexander Burke on TV singing Hallelujah. Load o young uns singing along and clapping. Good job they dont know the Israeli army have that as a sort of anthem otherwise that would be her cancelled. I dont know but I will bet me last quid that if they support anyone in this latest conflict it will be Hamas I'll also bet 1948 and 1967 means nowt to those that shout the loudest.

[xxxxxy] 14/5/2021 20:29

Noel Stevens 14 May 2021 7:32PMJohnson clearly understands nothing of the country he is supposed to be leading nor perhaps any country at all. Does he not realise neither businesses nor people can live on a day to day basis of changing rules and regulations? The right he has given himself to impose restrictions and lockdowns at the drop of a hat has to be firmly taken from him now or there can be no recovery at all.He simply has to be removed along with all those that support him and a real leadership installed that respects democracy and the needs of society on all levels. Until he is there is little future worth thinking of except uncertainty and pointless existence.... Daily Telegraph

[diku] 14/5/2021 18:32

Good to see it close above 48p and highs of the day...

[nick100] 14/5/2021 17:23

https://uk.finance.yahoo.com/news/lloyds-share-price-hit-60p-150308752.html

[mr.elbee] 14/5/2021 16:53

infection rates what a complete laff...28 not 45 cycles now on the PCR test...but this shows that the powers that be

[GS]

want share prices back where they where before covid.
they manipulated it down now it is our turn

[xxxxxy] 14/5/2021 16:24

?John Redwood@johnredwood·12mBig day for Northern Ireland with DUP leadership election and PM talks over NI Protocol. The UK must ensure smooth flow of trade between GB and NI with or without EU agreement. The Protocol says it respects the UK's single market so UK must speed the flow of goods.

[scruff1] 14/5/2021 14:21

Difficult to say Minnie. I was dozing most of it. Only mystery is how come Fred is a Brazilian international although I suppose it explains why they are winning nowt. He only has one fault - he cant. He cant pass, cant tackle, cant keep the ball and defo cant shoot. In fact when he shoots the only bloke not in danger is the goalie. Rashford may have the skills but he aint got the brain. I see sky gave him a 7. Dont know which game they were watching but different one from me and I would bet Cavani.
AS for defence. Not worth mentioning. Like a Chinese 2 stroke - works the odd time but mostly not

[maxk] 14/5/2021 13:17

Send me your old fashioned paper money, I'll take it off your hands...no charge.

[mknight] 14/5/2021 13:10

If the US have a strong day we could finish 48.50 or thereabouts .

[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