Lloyds Banking Share Discussion Threads

[johnwise] 28/9/2021 19:24

Is your Pension Fund Investing In Communist China?

VIDEO

INVESTORS ARE PANICING! Blackrock Sees Biggest Outflows On Record As Evergrande Fears Grow!

[utrickytrees] 28/9/2021 19:14

I'm not sure what they're growing on that allotment WW but put me down for an ounce.

[winston wolf] 28/9/2021 19:00

I have noticed that since you became head honcho at the allotments scruff ,socialist traits are starting to emerge,as tricky says I too think she'll get you vote.
You appear to be agreeing quite a lot of late with Min as well.

[utrickytrees] 28/9/2021 18:55

Scruff wtf have you been smoking?? How can you possibly draw a tangent between AR & the PM position, fancyfull thinking me owd...she's another Corbyn u nutter. FFS if Marine le Penn can't get elected in France, Rayners got no chance.

[patientcapital] 28/9/2021 18:17

Nicholas. Christopher died in 1987.

[portside1] 28/9/2021 18:15

Any immigrant breaking the U.K. laws should be deported within days no court just deport the scum

[portside1] 28/9/2021 18:13

So it is another immigrant that murders a woman And the sick stinking rotten labour mps stopped the deportation Of murderers and rapist ,Voting labour or lib says you are happy to see murders and the raping of women

[jl5006] 28/9/2021 17:06

Miss MB
Go back to belgium with ur daughter.
This BB is not a life -

[medieval blacksmith] 28/9/2021 16:52

Boris hasn't any charm. If he has it is very thin. The only women who succumb to his advances are vulnerable females or users who will reciprocate use: hardly a strong foundation or one of moral value.

[scruff1] 28/9/2021 16:51

G2
Im a bit less forgiving than you methinks though I grant you the taking on the rogue elements. What I like the least about him is his bare faced lying, his self serving policy formulation on the hoof(of which the green malarky is a prime example) and his total disregard for conservative principles. And if he thought supporting the rogue elements would have facilitated his path into No. 10 he would have done so. Cant stand the fellah.
What price Angela Rayner next into No.10? With what would she replace Fatsos £900 per roll gold wall paper?

[careful] 28/9/2021 16:45

Boris johnson is as vindictive as hell.

The way he treated the likes of Ken Clark and Christopher Soames.
He is not fit to clean their boots.

And for the first time for centuries the speaker Bercow was denied a knighthood.
Speakers in the past used to beheaded if they angered the King.

All this talk about his so called charm. Those that know him best seem to loath him.
And he is a blustering, waffling public speaker.

The only good speech I heard him make was a few years ago. It was delivered with conviction and sincerity for a change. Full marks.
It was in support of the EU. outlining the obvious advantages and how we had benefited.
Says it all really.

...but come the next election, I can't see me voting to put Angela Raynor into high office.

[richie1218] 28/9/2021 16:17

Sterling tumbles as cost of government borrowing hits pre-Covid high

Investors charging more than 1pc to lend to the Government for 10 years for the first time since March last year as rate rise fears mount

Britain’s cost of borrowing has hit its highest level since Covid struck 18 months ago as fears over interest rates rises to curb inflation triggered a debt sell-off.

Investors are now charging more than 1pc to lend to the Government for 10 years for the first time since March 2020.

On Monday the Bank of England Governor, Andrew Bailey, said rate-setters were ready to “step in'' if inflation lurched out of control.

The spike forms part of a wider international bond sell-off, driven by the Federal Reserve’s recent signal that it was ready to slow its $120bn a month money-printing programme from November. The cost of US 10-year debt also hit post-pandemic highs above 1.5pc.

Money markets predict the Bank will raise rates from their record low of 0.1pc to 0.25pc in February, followed by a further rise to 0.5pc in August.

Sterling tumbled 1.3pc to just under $1.3530.

The higher borrowing costs come as Britain relies on bond markets to fund the financial aftermath of the pandemic. In March, the Office for Budget Responsibility predicted borrowing of £234bn this financial year.

The OBR has also warned that a 1 percentage point rise in interest rates and inflation could add £25bn to the UK’s debt interest bill by 2025.

The Bank has warned that inflation is set to climb to its highest level for a decade above 4pc and stay there until next year, although it insists that the spike in prices will be “transitory221;.

However, the “breakeven rate” - the difference in price demanded by investors to buy inflation-linked debt and conventional bonds and taken as a gauge of future inflation expectations - is closing in on 4pc, a level not seen since 2008.

David Page, head of macroeconomic research at AXA Investment Managers, said the price moves reflected “market rewiring” following Mr Bailey’s speech.

“The theme is a continued expression of concern from the Bank about supply pressures, and the obvious risk that we are seeing a more persistent pressure on inflation,” he said.

The inflation fears come despite the labour market uncertainty ahead as more than 1.5m workers leave the furlough scheme at the end of the month. and a weakening recovery enters the “hard yards”, according to Mr Bailey.

Mr Page added: “If they deliver a 15 basis point rise as early as February the instinctive reaction to that is whether the next rise comes in May or August. Then that takes you to 0.5pc and you are into quantitative tightening territory. If the Bank is not mindful of that, financial conditions are going to become pretty tight.”

[grahamite2] 28/9/2021 16:17

I was prepared to give Boris credit for the good things he has done and I still am. He took on the vile criminals trying to undermine Brexit and he saw them off - in many cases he saw them out of the Party.

The destruction of our civil liberties under COVID was monstrous but I can forgive that, provided these measures are unwound in their entirety this very year. Likewise the appalling waste of public money I can put down to a mistake. They are at least trying to reverse course on that.

It's the green thing that's beyond forgiving and which makes him unfit for office. How can any government have making people poor and cold as a flagship policy?

[hoper1] 28/9/2021 15:31

Thanks Utricky. Thought that was likely to be the case.

[utrickytrees] 28/9/2021 15:06

Theyve just announced they're going back to half yearly dividends.