Lloyds Banking Share Discussion Threads

[jrphoenixw2] 07/3/2024 22:03

TheOwl/#--50^
'Not small.
Norges Bank Investment Management manages the Norwegian Government Pension Fund Global. We manage assets worth more than 16,000 billion kroner, or about 1,552 billion dollar.'
--------
Yes indeed. This Sovereign wealth fund is investing the nations oil+gas wealth for the future. Very very smart indeed, same as similar SWFs in Singapore - and unlike most other governments!

So yes, Norges Bank is simply the agent bank here for the NO government and the Norwegian SWF.

[cardinal3] 07/3/2024 21:24

yump

Very good points. Lloyds can play a part in getting affordable housing financed so people get a start in adult life.

[jl5006] 07/3/2024 18:16

DT comment - health sec is ???
Sadly the Health Sec is out of her depth as is the CEO.
The idiocy of paying agency staff huge amounts to cover shifts is moronic management.
Disgraceful that Pritchard - never had a real job fails to oversee the critical care this country needs.
Is there anything worthwhile in Govt?

[hardup1] 07/3/2024 18:12

After 10 trading days, buyback complete to date:
Total shares to date........................238,524,505
Aggregate cost to date... ..................£112,586,607.02
Average price paid to date..................47.2013
Percentage of £2 billion buyback completed..5.63%

[scruff1] 07/3/2024 17:44

jL
God help indeed. Just heard Ollie wanted to buy Haaland but they told him no !

[the_owl88] 07/3/2024 17:27

Looking good today - closing slightly above 48p resistance on a muted ftse.

First with no buyback since results - though of course got the 3% buy from Norges Bank instead. Still c96% to go?

Next week looks interesting.

[the_owl88] 07/3/2024 17:22

4:03PM
House prices bounce back faster than expected
House prices have risen for the fifth month in a row, according to the latest figures from the Halifax House Price Index, as they bounce back faster than expected thanks to falling interest rates.

The average house rose by 0.4pc in February, or 1.7pc over the past year, raising the typical UK home to £291,699.

The biggest rises over the last year have been in Northern Ireland, where average prices have jumped 5pc, while homes in Eastern England dropped by 0.8pc.

Kim Kinnaird of Halifax said: “The average price tag of a home is now only around £1,800 off the peak seen in June 2022. While it is encouraging that we’ve seen growth in recent months, what happens next remains uncertain.”

[jl5006] 07/3/2024 16:49

Gareth Southgate is one of the names being considered by Manchester United to replace Erik ten Hag, according to a report.

The Dutchman is under intense pressure following back-to-back Premier League losses. After a run of good results, much of the goodwill Ten Hag had managed to regain was immediately squandered with a surprising defeat to
God help the club should they opt!!!

[arja] 07/3/2024 13:47

scruff1 ,
you notice my TYPING error sport and amusing considering your grammatical errors at times :) . I do not have time for a proof read as you do .

[hardup1] 07/3/2024 13:14

marktime1231.....post 28052



😎

[mr.elbee] 07/3/2024 12:58

civil service brainless wonks designed this what else do you expect?

[marktime1231] 07/3/2024 12:37

So it is a UK ISA not a GB ISA, the distinction is ?

Whither ISA simplification, this is not it. What happens if (say) you invest in LLOY or BP which are UK and UK-focussed then they get subsumed by JPMorgan Chase or Exxon ...? The rate at which cheap UK stock is being predated there will be very few candidates left to choose from, m&a rumours would take on a new importance.

Would IAG pass the test of being British (UK)?

What about UK brands owned by overseas behemoths ... Asda, Cadbury, British Steel, Jaguar LandRover etc ad infinitum. You would sort of be investing in British jobs but where is the line?

What about buying pref shares in Nationwide?

The idea is grand but not practical, it will fizzle out because no-one wants to police it. If you want to do something just up the ISA limit to £25K, UK investors have a tendency towards UK-listed securities anyway.

[hardup1] 07/3/2024 10:49

Individual Savings Account: UK ISA Consultation.

The Government are conducting a consultation with all interested parties prior to rolling out the new UK ISA.

Here is a link to the consultation document and ANYONE can take part in the consultation. There are 15 questions in the consultation. There is an email address in the document for people to send their responses to this consultation.

Responses to this consultation should be sent to HM Treasury by 6th June 2024.

[stutes] 07/3/2024 09:53

Regulators spent years advocating new banks to disrupt big banks. How many of the disruptor banks have survived, bought by the big banks?
As for Nationwide takeover of Virgin Money, shows two things to me, firstly how slow big boys are to respond to the market and secondly big banks end up mopping up small boys.

[utrickytrees] 07/3/2024 09:46

LB, not looked at the spreads for the election. I like you, think they'll get mullered. Could be an opportunity to smack the bookies, I check it out later.