Lloyds Banking Share Discussion Threads

[jl5006] 26/9/2021 18:33

The thing about hedging is that u know what the cost is. Ur decision- gold may be cheaper in 6 mths - ur gamble - but u know what ur product cost is!
Ppl with variable mortgage rates - the norm in 70s..90s know very well that the rates rose to 15% or so.
A windfall tax was levied by Bliar /brown but in different circumstances - and who was it that squeaked the pips out of N sea oil investors

[jl5006] 26/9/2021 18:23

Come on scruff
Ur brighter than that.
A windfall tax on what exactly.
Whenever u trade commodities - lec gas gold silver etc- there are options - spot or future.
Most ppl buying gold product are given the option - ur delivery date or today - so a spot or future.
similar with commodities -
Centrica will have fixed deals for business and domestic customers - and also variable contracts.
Should centrica have a million customers on a fixed rate gas therm price - then would have bought forward.
The impossibility is to fix the variable rate - is it not?
So they have to increase prices for variables in line with what they have to pay.

Windfall tax Y????????????????

[scruff1] 26/9/2021 18:08

Thats what they are going to do Joe

[joestalin] 26/9/2021 17:47

If the price of fuel goes up - the tax take goes up. No need for a "windfall tax".

[scruff1] 26/9/2021 17:06

If everyone has filled their tanks - I look forward to the garages being empty next week and Shatts claiming its good to see everyone following his advice finally.
I see hes falling out with the transport drivers now. Hes such a clever chap - just left lower sixth and hes able to put the truckers in their place

[careful] 26/9/2021 16:28

Labour making the same tactical mistake of appealing to the yobs.
They lose the middle class voter every time.

As if Angela Rayner is any more fit to hold high government office than Diane Abbot was.
No doubt the hard left love her, a few cheap gains there.

They keep banging on about hungry children and the poor and down and outs.
But they are a very small portion of the whole, most of us are doing quite well.

Starmer will have his work cut out to control them.
If he gets the rules changed it will be a good start.

He is right not to give away his policies too soon, they will only cause a reaction by the Tories.
He should keep his ammunition dry until the right moment.

[diku] 26/9/2021 14:25

scruff...talking of Angela Rayner...being in the opposition party politicians have a habit of using current Govt situation to make inroads for themselves/party at every opportunity...profile boosting is the name of the game...shout louder and people might just hear you eventually about any Govt opinion...not because they have one magic bullet that will solve all the problems...didn't she actually lose votes in 2019...

[scruff1] 26/9/2021 13:43

Daughter just text. Says everyone in Dubai wants to know whats going on in the UK. I told the wife to tell her so do we but its called anarchy-compliments of a so called conservative govt of public school lower sixth prefects who are completely out of their depth and making a total bloody hash of things. Angela Rayner looks like a serious politician.

[scruff1] 26/9/2021 13:43

Daughter just text. Says everyone in Dubai wants to know whats going on in the UK. I told the wife to tell her so do we but its called anarchy-compliments of a so called conservative govt of public school lower sixth prefects who are completely out of their depth and making a total bloody hash of things. Angela Rayner looks like a serious politician.

[diku] 26/9/2021 13:25

Don't if anybody has observed but in the last 12 months people have become more short tempered and aggressive in their driving attitudes...

[asa8] 26/9/2021 13:01

I wish there was a shortage of politicians

[mikemichael2] 26/9/2021 12:17

Hey Min, will your Diesel Tank Run on Turps if things get bad??

You are filtered, so will rely on the reaction from others.

[xxxxxy] 26/9/2021 11:45

George30mOf course he [John Mc donnell[defends The Rt. Hon Angela Rayner - she probably consulted him before she opened her mouth. What a dreadful state the Labour Party is in now - spiteful, hateful, nasty and totally unelectable..... Order order

[xxxxxy] 26/9/2021 11:39

Her remarks are something like what came out of the mouths of the Gestapo.Labour is in Death Throes.And it leaves us without a responsible, intelligent Opposition.

[medieval blacksmith] 26/9/2021 11:21

DESPERATE JOHNSON!