Lloyds Banking Share Discussion Threads

[kkclimber56] 10/5/2024 22:49

Stammer spoke strongly about reducing the number of boats but not the number of immigrants.This can be achieved by simply giving them a train ticket.I smell a rat.

[xxxxxy] 10/5/2024 21:47

Brexit winsMAY 10, 2024 19 COMMENTSIt is most disappointing that the government has not replaced  the EU economic controls with better ones, has not removed or improved much EU law and paid so much to the EU over a long transition. All this has served to hide two large wins that we are now benefitting from.The main feature of the  EU over the years has been an aggressive law making activity designed to take control of more and more areas of life away from member states into EU hands. To pull off this power transfer in so many areas the EU also often finds new reasons to extend government power over business and people. People find that they have not just experienced a transfer of government power from national government but also an increase in government power. They face ever more laws and regulations in total.Now we are out this feature stops. We can now control the pace of new laws and subject them to democratic debate  and vote in Parliament. There is more scope to stop a bad or unwanted law in the UK Parliament than one passed by qualified majority pressed through by the Commission in private in the Council.Since we left we have avoided 71000 new Directives and Regulations  already along with many amendments and decisions that are also binding on members.. That is a big saving in costs and some protection of our freedoms.We are also now enjoying most of the savings of the annual £12 bn tax we had to pay into the EU. We have increased NHS spending by much more than these welcome savings.Best of all we have ducked any share of the massive new debts the EU has decided to take on now we have left. As they borrow 900 bn euros our share would have been 150 bn.... John Redwood

[diku] 10/5/2024 21:19

Wash rinse and spin after 2 or 5 years...




The UK government last week sent its first failed asylum seeker to Rwanda - the east African country Rishi Sunak says he wants to deport people to as a deterrent to those trying to cross the English Channel.

Last month, the prime minister said the first plane of deportees will take off within 10-12 weeks after a controversial law deeming the country 'safe" was finally passed.

On 1 May, it emerged that the government had sent its first failed asylum seeker to the east African nation - not by being deported, but via a lesser-known means called the "assisted voluntary returns" scheme.

The scheme began in 1999 and has seen tens of thousands of people without the right to remain in the UK leave the country voluntarily. As part of this, individuals are given a cash - or similar - "support" payment via a single payment on a card before they leave the UK. People can only use the card in their home country.

Accepting the payment means individuals are only eligible to return to the UK and re-apply for asylum after five years. Those who leave voluntarily without taking a payment are eligible to return after two years.

[utrickytrees] 10/5/2024 21:07

It's the Blob, working its magic diku. The Blob can't lose the systems rigged. Democracy in name only.

[diku] 10/5/2024 20:54

What the labour plan proposes is use of various agencies in tackling boat migrants...and Rishi says similar plans are already in place...who is fooling who here...the mug voter in the middle...

[jrphoenixw2] 10/5/2024 19:22

Yep. IIRC the brokers in top hats were of niche status 'Queen's brokers', Cazenove, Schroders or similar? I also remember marvelling at brokers there larking about, batting balls of paper around the trading floor with the handles of umbrellas. It appeared quite surreal, these serious people so off-duty and amused. [Then again the LIFFE futures floor where I worked also had some pretty mad-cap interludes amongst the 'general hostilities'].
Back then no one would rail against this class division, or presume a right of access. The LSE was what it was. Big-Bang deregulated but also led to rise of American-style talent based meritocracy and the concept of merit-based 'hunger to compete' and an often brutally dog-eat-dog and back-stabbing workplace. Between say '85 and '05 the culture 100% entirely changed. I don't doubt it has done so again since.

@Yump: Gawd, funny wasn't it. All these men, on their regular trains, usually silently sitting with the same strangers at 'their tables' every day in 'their routines'. Gawd forbid you innocently sat in 'someones' seat due to get on at the next station...

@Our haven, yep, I think things have shifted from the social calendar to summer holiday season. These days end June - End Aug? = with that neutral background my default is anticipating no great drama at all, just lower traded volumes.

[cocker] 10/5/2024 18:26

Great work.hard up,, appreciated. However, very few shares purchased over the last few sessions, any reason why?

[hardup1] 10/5/2024 18:02

After 53 trading days, buyback complete to date:
Total shares to date........................1,178,741,599
Aggregate cost to date... ..................£593,990,141.56
Average price paid to date..................50.3919p
Percentage of £2 billion buyback completed..29.7%

[utrickytrees] 10/5/2024 16:25

Gecks is at Euro vision.

[our haven] 10/5/2024 16:13

I still decamp for the season, but stay invested with my long term holdings. Many of my friends are the same, but what we had in common was the more rough neck side of the industry as you describe it.Think that we picked up the habits of our well bred colleagues I guess.

[mr.elbee] 10/5/2024 14:38

watch and learn chilluns.

[yump] 10/5/2024 14:16

Thats an interesting bit of history. I can remember visiting London from the suburbs with my dad in the 60’s, when the train was mainly occupied by men in black suits with hats, all reading newspapers. Seem to recall I was a bit freaked by them.

[jrphoenixw2] 10/5/2024 12:45

"Sell in May" was held as true pre Big-Bang when stockbrokers traded by open-outcry on the LSE floor. Some brokers, and this was in my time in the City, even wore top hats. Being a stock-broker then was very much an 'upper class' career. Without the right family connections you were unlikely to get a look-in*. Such men often owned a number of homes, a London home, often a country home and for a few a stately home.

For this demographic, decamping for 'the season' to follow the posh social events, major horse-racing meets etc was common, almost socially expected. Thus May to St. Swithins Day (this year 15/Jul) put markets in the deep freeze. IME/O this window has shifted in the modern era. IMHO it now seems more closely alligned with decamping for the summer holiday season.

*Which is why I started my City career in commodities, a decidedly more rough-neck market :)

[aceuk] 10/5/2024 12:30

Mr Gambill asks the same question at the same point every due date, must have a reminder ;-)

[jrphoenixw2] 10/5/2024 12:13

Re: people asking for dividend dates, the simplest way to answer is to suggest they check dividenddata.co.uk There they just need to input the LLOY ticker and there are dates, sums, history other useful core metrics -->



No registration, fees or connections etc.

p.s. If you wish to quickly scan div dates/£s etc for a portolio, simply replace the 'Lloy' in the above URL with the tickers. Easy as that.

[gotnorolex] 10/5/2024 10:51

Cummings to name his new party " The Disassociation Party" after his modus operandi! Remember well his attempt to fire all independent/special advisors to no 10 apart from himself! Insisted that Javid alone fired every single one of his five! LOL!

[aceuk] 10/5/2024 10:17

What a bizarre statement "the Sell in May adage is rarely wrong" - please provide us your evidence, it is rarely right. I think 70% wrong in recent years!