Lloyds Banking Share Discussion Threads

[hardup1] 15/5/2024 13:25

Looking good for CITRA.

Intense competition between tenants is creating a race to rent as the amount of time listings are up for gets shorter, figures compiled for the BBC show.

Two-bedroom rental homes are listed on Zoopla for an average of 25 days, some 10 days less than the pre-pandemic average, estate agency Savills said.

High demand and a lack of available properties are forcing potential tenants to make an almost immediate decision on whether to apply for a tenancy.

Agents and landlords say the situation is unlikely to change without more investment in the sector.

Adrian Draude, 32, admitted he and his wife were ill-prepared for the level of competition they faced when searching for a flat after returning from their honeymoon.

"We found properties [on listings sites] that were the perfect fit, saved them for later, went back that day and they had already disappeared," he said.

They have recently found a place in Guildford, Surrey, but Adrian described the process as "aggravating".

"You'd see a place - one minute it was there, and the next it had gone."

[jordaggy] 15/5/2024 11:59

The Bank of England has fired a warning shot at UK banks and building societies after an 18-month review of more than 70 lenders found firms were ill-prepared for a severe shock that could put their finances at risk.

A letter sent by the Bank’s Prudential Regulation Authority to CEOs and board members this morning said firms had failed to create severe enough stress tests and as a result, did not have sufficient recovery plans.

The letter warned:

“Our review found that a number of firms did not use scenarios of sufficient severity, which will limit the effectiveness and value of the testing.”
It added that:

“...although many firms understand the basics of recovery planning, there are significant areas for improvement, most notably related to the development of recovery scenarios and the calculation of recovery capacity.”
The thematic review is the first of this scale conducted by the PRA, and covered unnamed non-systemic banks (so that includes smaller challengers, beyond the big lenders like NatWest, Barclays, HSBC, Lloyds, Standard Chartered, the UK arm of Santander, Nationwide building society and Virgin Money UK that are stress tested every year).

The PRA said it would now be pushing firms to improve their stress testing and recovery plans over the next six months.

“We will engage collectively with firms and trade associations as appropriate to discuss the findings of this letter in 2024 H2 and we will include this as a topic for discussion at the June CEOs conference. Firms are expected to consider the actions outlined above and update their recovery plans to meet expectations.

[gotnorolex] 15/5/2024 11:18

First official portrait of King Charles since Coronation has already been vandalized by the "Just Stop Oil" red paint spray operatives!

[gotnorolex] 15/5/2024 11:02

Garrot band?

[maxk] 15/5/2024 10:45

Pills or the gastric band solution?


The cost of bariatric surgery typically ranges from £3,995 to £15,000 throughout the UK. Gastric Band prices typically cost between £5,000 and £8,000. Gastric Balloon prices typically cost between £2,000 and £5,000. Gastric Bypass prices typically cost between £9,500 and 15,000.


£8k .. cough

[scruff1] 15/5/2024 10:39

Feed em pizzas. Dead cheap in Aldi. Far cheaper than gastric band ops, buckets of ozempic or £400 pie money. Or tie em to the back of a vehicle - start with a road sweeper and move up to a racing car. Just needs some imagination and a bit of determined effort.

[utrickytrees] 15/5/2024 10:36

Sell them to the maggot farms.

[maxk] 15/5/2024 10:27

scruff

When I say it's not quite like that: By way of explanation, I mean the cost of keeping overweight people alive is not without cost. It is far cheaper to give them a pill or two to keep them vertical, rather than in a+e every five minutes.

Not ideal, but what else can the NHS do? They have to treat these people.

[scruff1] 15/5/2024 09:44

Maybe the govt(tax payer) should pay those that work from home lying on the settee all day compensation for being unable to avail themselves of healthy amounts of exercise. Maybe the lack of CO2 in the atmosphere is being absorbed by humans causing this other sort of inflation. This new sort of population growth is due to net zero's. Thunberg's fault. 9.4m fit for work but not in employment. 9.4m fatties. mmmm

[scruff1] 15/5/2024 09:35

Not much of an explanation there maxk.

[hardup1] 15/5/2024 09:10

Briefly broke 55p this morning.......looks like this is the new resistance level.

[xxxxxy] 15/5/2024 08:13

Facts4EU.Org reviews the economic war brewing between Washington and BeijingThe White House delivered a huge blow to China yesterday, sparking what must surely become a major trade war. The US administration announced very large hikes in import tariffs for Chinese goods, including a 100% tariff on Chinese electric vehicles.There has as yet been no word from the UK government about whether it will match the moves by the United States.Meanwhile in the EU, they are still pondering what to do and the empire is split on the issue, as the Germans in particular do not want to risk their export trade to China.... Facts4eu

[maxk] 15/5/2024 08:07

It's not quite like that scruff.

[hardup1] 14/5/2024 18:31

After 55 trading days, buyback complete to date:
Total shares to date........................1,203,837,509
Aggregate cost to date... ..................£607,631,733.44
Average price paid to date..................50.4746p
Percentage of £2 billion buyback completed..30.38%

[aceuk] 14/5/2024 16:04

Previous month revised to cooled

[scruff1] 14/5/2024 14:59

US inflation jumps so how come UK markets havent tanked in sympathy? Usually do. I thought it was the law

[jordaggy] 14/5/2024 13:09

Yes, oops, I meant in £'s H1.

[stonedyou] 14/5/2024 12:49

MILITARY OPERATION IN UKRAINE14 MAY, 11:09Updated at: 11:25

Death toll in Sunday’s apartment building collapse in Belgorod climbs to 16.
.
Belgorod and its surroundings were subjected to massive Ukrainian shelling on May 12.


MOSCOW, May 14. /TASS/. The Russian Emergencies Ministry upgraded the death toll in Sunday’s collapse of a section of a residential block in Belgorod to 16 on Tuesday as the body of another dead woman has been found at the site.

"Another woman has been found dead at the site of a collapsed section of a residential building in Belgorod which takes the death toll to 16," the ministry told reporters.

Two people are still missing in the incident, an emergency official told TASS.

Belgorod and its surroundings were subjected to massive Ukrainian shelling on Sunday. Debris from one of the downed shells, a Tochka-U missile, hit a ten-story apartment building in Belgorod, completely collapsing the entrance. The Russian Investigative Committee has launched a probe into terrorism.

[hardup1] 14/5/2024 12:33

jordaggy......8,896,936 shares bought back yesterday.