Lloyds Banking Share Discussion Threads

[hardup1] 07/2/2023 12:16

stonedyou........at a guess I would say English grammar is not one of your strong points.

[estienne] 07/2/2023 11:46

Throughout most of the 1970's & 1980's it was over 10% and 15% in 1990

[stonedyou] 07/2/2023 11:41

Wrong thread......

[jordaggy] 07/2/2023 11:02

Bank customers face challenges from higher interest rates, MPs hear
Lloyds Banking Group believes that one in ten of its customers face a jump in mortgage costs this year, as they come off existing fixed rate deals.

Charlie Nunn, Lloyds CEO, has told MPs on the Treasury committee that the last year has been very difficult for a number of its customers.

One group Lloyds is concerned about, Nunn explains, is the 10% of customers who will see increased mortgage costs this year as their current fixed-rate mortgage deals end.

About 1% of that group face an increase in interest payments to above 40% of their income, Nunn explains, adding the Lloyds has been ‘laser-focused’ on supporting this group, providing tools and ways to restructuring their debts.

He also says that around 1% of Lloyds customers really can’t make ends meet on a daily basis. The bank, he says, is reaching out to this group, providing tools, support, and advice from debt charities.

Nunn is appearing alongside Matt Hammerstein, CEO of Barclays UK; Ian Stuart, CEO of HSBC UK; and Dame Alison Rose, CEO of NatWest Group.

This is the best remunerated panel to appear before the Treasury committee for some time, remarks chair Harriet Baldwin MP, with the quarter earning over £10m a year between them, the committee’s researchers estimate.

Hammerstein tells MPs that everyone in the UK is facing a period of ‘dynamic adjustment’, due to the increase in interest rates from ultra-low levels.

We’ve got a generation of people that haven’t seen [high] interest rates… even at 4%, [Bank of England] base rate still isn’t at its historic average.
Adjusting from where we were to where we are is causing challenges to people across the spectrum.

[xxxxxy] 07/2/2023 08:10

Like Northern Ireland, the UK left its fishermen behind when it exited the EUThanks to the EU, Brexit Britannia does not even rule its own waves?Montage © Facts4EU.Org 2023How the UK's control of its territorial waters got lost on the high seas of EU obstinacyNo, in 2020 the UK did not "take back control" of its waters, to the fishermen's anger. In this report Brexit Facts4EU.Org gives readers some insight into what has happened to the UK's fishing fleet since Brexit.Given the iconic status of our fishing industry, its importance to coastal communities, and its significant place in the Brexit debate, we review the control over UK waters and the latest data on the amount of fish landed over the past four years.Under the United Nations Convention on the Law of the Sea (UNCLOS), international and national waters are clearly defined. Out to 12 nautical miles (22km) from the baseline, Brexit Britain should be free to set laws, regulate use, and profit from any resource. There is then another zone of 12 nautical miles which allows more limited legal controls by the coastal state.Finally there is what is known as the 'Exclusive Economic Zone (EEZ) which extends to 200 nautical miles from the coast. In theory the UK has sole exploitation rights over all natural resources including fish. In practice – because of the EU – this is not currently the case.

[utrickytrees] 07/2/2023 07:59

That's what happens when you start sourcing lpg from America at 5X price of Russian gas. Those on modest fixed incomes & poor are paying a high price for a war that seemingly comes with no benefits.

[utrickytrees] 07/2/2023 07:55

"They look, on the face of it, like mistakes. This week, number crunchers at the International Monetary Fund released forecasts saying that over the coming year, Russia’s economy will grow, while Britain’s will contract. And that Russia will actually grow faster than Germany, Europe’s economic powerhouse.

But there are no mistakes — just surprising turns of events, in all the countries involved"

[mr.elbee] 06/2/2023 21:00

regarding BP and Shell .. try to negotiate ANY part of their customer services nonsense and see if you understand and can follow ANYTHING the operative says and see if you notice something funny about them.And if you really want to upset them? ask them where their LPG service stations are and which ones currently sell LPG and which ones dont and which ones are about to run out....
then have an opinion

my experience today is a main reason for leaving this country asap

[arja] 06/2/2023 20:49

russian trolls ,
another FALSE FLAG on the way you scumbags ??

Since the start of its invasion nearly a year ago, Russia has repeatedly warned that Ukraine might be preparing to use non-conventional weapons, including biological weapons or a radioactive dirty bomb. No such attack has materialised.

Ukraine and its Western allies rejected those accusations but saw them as a possible prelude to a "false flag" attack, meaning Russia might itself resort to such tactics but seek to blame Ukraine. Russia has dismissed that claim

[jl5006] 06/2/2023 20:19

Having spent many days visiting a hospital in Wales I ask one question,.
The hospital is overrun with staff but seems no one in Critical Care is there for more than one shift and many are agency staff.
How can patient care have value if there is no consistency in care.
Who devised the system that ur milkman is never the same.
Guess I have more to learn about the NHS - ie how can this work as a system of care?

[paulruss1] 06/2/2023 18:59

Xxxxy. Can I ask are you from western Ukraine?. I can't understand with all the info out there how you still hate Russia. It surprises me because I've notice you have quite a good understanding compared to most on some subjects but you can't seem to grasp the truth with Ukraine.????

[mr.elbee] 06/2/2023 17:08

American interest rates have some way to go yet ....

.......... and therefore the same will be true here.

[xxxxxy] 06/2/2023 16:52

So childish and immature. This is the mindset that has invaded a peaceful Ukraine.Cringe.Russia has left Civilisation.Russia is Uninvestable.Russia is Uninvestable for 50 years.

[xxxxxy] 06/2/2023 16:52

Russia-Ukraine war: Wagner founder challenges Zelensky to dogfight for Bakhmut.... Daily Telegraph

[utrickytrees] 06/2/2023 16:26

Interview with Douglas A. Macgregor, a U.S. Army colonel, served from November 1997 to December 1999 as the chief of strategic planning and director of the Joint Operations Center, Supreme Headquarters Allied Powers, Europe. In 1995 he developed the zone of separation that became part of the Dayton framework agreement. He is currently a research fellow in the Institute for National Strategic Studies National Defense University in Washington, D.C.

Which I agree entirely with (only 20mins).

[utrickytrees] 06/2/2023 12:50

Since when was endorsing something you fundamentally believe be wrong, doing the right thing? Surely if that were the case we'd still be in the EU?

[xxxxxy] 06/2/2023 12:35

Love Farage. But he isn't perfect. None of us are. But we got try to do the right thing. And that's one of the things about being British. We try.

[utrickytrees] 06/2/2023 12:16

What about Hitchens, is he a Putin apologist?

[gbh2] 06/2/2023 12:07

Redwood, all the question but no real answers!

[xxxxxy] 06/2/2023 12:00

Anyone fancy being under the 25,163 new EU laws since we left?That's what Brexit Britain would face if the UK rejoined the EU tomorrow?Montage © Facts4EU.Org 2023Revealed : The EU's legal minefield that would confont us all if Rejoiners had their wayThe EU creates almost 33 new packages of legal obligations every working day. Not one of these can be voted on by the parliaments of any EU member country.If you're a member country, you must simply accept this. And if you're a member of the public, you can't vote out the body that makes all these laws, directives and regulations at the next general election. There is no election and there is no choice. You must simply obey.... Full article... Facts4eu.org

[xxxxxy] 06/2/2023 11:58

John Redwood@johnredwoodMore economists should ask why the OBR gets its borrowing forecasts so wrong yet expects tax policy to be based on those forecasts.