Lloyds Banking Share Discussion Threads

[jordaggy] 24/9/2024 11:34

The FCA has confirmed that it is extending its investigation into motor finance by another 8 months, after a brief consultation over plans to delay the probe.

The regulator is looking into whether consumers had been charged inflated prices for car loans, as a result of open commission arrangements, between 2007 and 2021.

A decision on how to handle the matter - including whether there would be a compensation scheme - was originally due this week. But the FCA said in July it wanted to push that decision to May 2025, after firms took longer than expected to submit data to the regulator. That new date has now been confirmed.

The financial watchdog is also hoping this will leave time for a final ruling on a case that Barclays is battling in the courts that could set precedent on the matter.

In July, the FCA said it was “more likely”to have to prepare a compensation scheme that some analysts have previously estimated could cost lenders billions of pounds.

[careful] 24/9/2024 10:09

Why do people think that they have a divine right to retain or improve their standard of living each year, ad infinitum.
The only reason that we are (on aggregate) as wealthy as we are is because HMG keep loading future generations with debt.

We the current generation take on a big debt, have a good time, then let our grandkids deal with the problem.
It is a great system where as a country we can make them inherit our debts, if only we could use that system as individuals.

Imagine if our kids inherited our debts, as things stand they die with us. Reading the will would be a scary process. 'Your Grandad leaves you, Bert Smith, a debt of £250,000.

[aceuk] 24/9/2024 10:04

She knows how to Balls up!

[gotnorolex] 24/9/2024 09:29

Yvette Cooper.....She's going to do do do a lot of things! If only she knew how!

[jordaggy] 24/9/2024 08:49

We've never had it so good...nearly.

UK households still have less financial firepower than before the pandemic.

The Office for National Statistics has reported that median household disposable income for the poorest fifth of the population increased by 2.3%, to £16,400, in the financial year ending in 2023.

That increase is partly because of government cost of living support measures; however, this figure remains 2.4% below the year to 2020, before the Covid-19 pandemic, the ONS points out.

Disposable income is the amount left to spend after tax and essential spending.

At the top of the scale, median household disposable income for the richest fifth of the population decreased by 4.9% to £68,400. That’s 4.3% below pre-pandemic levels.

[thevladslayer] 24/9/2024 07:09

arja do us a favour and go play with the sharks

[arja] 24/9/2024 06:25

scruff1,
I see you still talk the usual nonsense and how many years will it be before you see your brexit The brexiters who are still to admit brexit was a mistake now say it is too soon to say if brexit was a success - LOL ! It is now 8 years and dd you and your fanatical brextremists have a time in mind ? maybe later this century ?
No, WE ARE STILL IN oz BUT SUNNY WEATHER ALMOST EVERY DAY CAN BE A BIT BORING . I heard you had a good summer :)

[hardup1] 24/9/2024 04:40

Striking BOEING workers have rejected an increased final offer of a 30% pay rise deal! Starmer and Reeves caving in to the Junior Doctors demands has set a dangerous precedent here!

[hardup1] 24/9/2024 04:14

careful
"Not many decades ago very few had gas central heating. They did not die."
That's because they had solid fuel stoves heating central heating water, and/or coal fires in every room of the house.

[utrickytrees] 23/9/2024 21:15

She sounds like bricktop & pat butchers love child.

[stonedyou] 23/9/2024 19:23

Ukraine And West Clash Over Narratives About Casualty Figures

New Support SouthFront


Written by Lucas Leiroz, member of the BRICS Journalists Associations, researcher at the Center for Geostrategic Studies, military expert


"The Western propaganda machine is usually managed by professional journalists who know how to convince readers"


There seems to be a conflict of narratives between Ukraine and its Western supporters. The American media tries to disguise the tragic reality of Ukraine in the conflict by reporting a reduced number of deaths, but is careful to make the narrative realistic enough for its readers to believe it. However, the Ukrainians are not concerned with making the narrative credible, stating completely unrealistic numbers.

Recently, the Wall Street Journal (WSJ) stated that Ukrainian casualties in the current conflict with Russia amount to about 80,000 soldiers killed and 400,000 wounded. The newspaper stated that its data was obtained from confidential Ukrainian sources familiar with the matter. Furthermore, the article stated that the Russians suffered about 600,000 casualties, including 200,000 dead and around 400,000 wounded.

Obviously, the article published by the WSJ is a piece of Western propaganda that has no credibility. According to all estimates made by honest and impartial analysts, Ukrainian casualties are much higher than Russian ones, and there is no way that only 80,000 Ukrainians died in the conflict. In April 2024, Russian authorities confirmed 500,000 Ukrainian casualties, including all dead and wounded soldiers. Currently, estimates range from 600,000 to 700,000 Ukrainian casualties, given the high level of lethality in Russian operations in recent months.

Although Russian authorities do not reveal their casualty figures – which is a common procedure for countries in conflict situations – there seems to be a consensus among Russian and neutral sources that the number is considerably lower than 100,000. Only Ukrainian and Western sources estimate high numbers of Russians killed and wounded, which is part of their propaganda scheme to maintain public support for financing the war.

However, even the Western media’s efforts to disguise Ukrainian losses were not enough to please the authorities in Kiev. Ukrainian President Vladimir Zelensky harshly criticized the American media, claiming that the WSJ inflated the real figures. He did not provide any figures to refute the WSJ’s data, only stating without any evidence that the number of casualties is much lower than what the newspaper said.

“80,000? That is a lie. The actual figure is much lower than what has been published. Significantly so,” he said.

It is curious to see how Zelensky seems to act in a way that is completely out of touch with reality. Both Westerners and Ukrainians want to hide the truth about what is happening on the battlefield, since it is obviously not convenient for them to admit that Ukraine is losing. However, the West seems to act with more strategic sense, worrying about making its narratives realistic enough for public opinion.

Zelensky is so desperate that he seems to simply not understand what is even remotely credible to public opinion. His intention seems to be to spread in 2024 data that could correspond to the reality of the conflict as early as 2022. For example, without mentioning the number of wounded, Zelensky claimed in February that 31,000 Ukrainians had died in two years of hostilities with Russia. This sounds unbelievable, having no way to convince public opinion with such “data.”

The Western propaganda machine is usually managed by professional journalists who know how to convince readers. Obviously, it is not interesting to present figures that are completely unrealistic, since in the current phase of the conflict no one believes in narratives such as “Ukrainian victory” or “humiliation for the Russians”. Now the goal is no longer to say that Kiev is “close to victory”, but simply that “it is still possible to change the game”.

Zelensky is unable to understand these journalistic tactics. His only intention is to keep the lies going as they did in 2022. He is desperate to maintain his illegitimate regime and is doing everything he can to prevent public opinion from turning against him. That is why he criticized the American media. Zelensky did not understand the tactics behind the WSJ’s story and is now trying to use an even more false and unbelievable tale.

However, all such maneuvers are likely to fail. Western public opinion is increasingly aware of the reality of the war and understands that the mainstream media is not telling the truth. Actions such as the catastrophic invasion of Kursk – which has already resulted in the death of more than 15,000 Ukrainians – show that Kiev has no chance of “changing the game”. It is useless for Ukrainians and Westerners to fight over which lies to tell, since none of them will be believed.

Support SouthFront

[jl5006] 23/9/2024 18:41

Does language matter at BBC - Rachel Reeves has promised Britain’s “best days lie ahead” as she sought to strike a more optimistic tone in her first speech to the Labour Party conference as chancellor.
As she seeks fgs!

[scruff1] 23/9/2024 18:26

Nothing but pointless utterances from ....most politicians.

£830 bn tax take. Lets see how that pans out by 2029. Apparently there has been a huge CGT take as people have rushed to sell 2nd homes and rentals - that wont be up for grabs twice. The nurses have rejected a 5% pay rise. Train drivers and docs saying 15% and 22% is not enough. The unions and associated leftists are on a roll - the hares running. Starmer is out of his depth as are most of his cabinet. The WFA imo will pale in the list of bad ideas compared to the eventual cost of paying the train drivers without a single concession. One things for sure we are in debt to the eyeballs and already the public sector is looking like its gonna get bigger and even more expensive - no more austerity!! and the idle are gonna get even more highly rewarded for being so. The wheels are wobbling already The money will have to come from somewhere. Its not the idle, its not the public sector and its not the workers cos Kneil said so. The super wealthy wont hang around for 5 years of being Raches whipping boys. Arthur Laffer is about to be proved correct once again.

[jl5006] 23/9/2024 17:51

Miliband, an veteran interventionist and tinkerer, who often conveys a sense he would happily double energy bills, bankrupt industry, and risk blackouts rather than miss a climate target, clearly loves it. Whatever you think of Net Zero however, the policy is bad. Forcing boiler makers to make and sell heat pumps is like requiring teapot makers to launch cafetieres. It’s like chaining a carthorse to a racehorse and being puzzled why the performance of both degrades. They’re different products, made in different factories, for different markets, using different processes, with different challenges.
gl u labour voters!
Are there any left?

[careful] 23/9/2024 17:39

There is no solution, we have never had it so good.
but we are living beyond our means so further progress is impossible.

Despite everything you are told, we live in one of the richest countries in the World.
That is why so many wish to come here.

Look at the number of cars, often more than one each family, TV'S, smartphones, overseas holidays, these are times of plenty.

So difficult to improve such an ideal situation.
Pensioers supposed to be freezing to death this winter because they lose their 300 quid.
Not many decades ago very few had gas central heating. They did not die.

[hardup1] 23/9/2024 17:10

After 147 trading days, buyback complete to date:
Total shares to date........................2,788,376,187
Aggregate cost to date... ..................£1,500,215,571.81
Average price paid to date..................53.8025p
Percentage of £2 billion buyback completed..75.01%

[jl5006] 23/9/2024 17:03

My thought only
Govt by default
Who wants a tomato soup with no toms?
Who wants a pizza with no topping?
It is what u got - nothing but £68k for a photographer to increase ur image - ur already fat and useless.
who pays - we do -not u gloria!
sic

[freddie01] 23/9/2024 16:41

Who would have thought 100s of pensioners would be outside a Labour Conference protesting.

[jl5006] 23/9/2024 16:10

Nothing but pointless utterance from Reeves.
No meat on the bone and no direction.
Sad state when the Govt is bereft of growth ideas - whilst purporting growth.
I guess the growth in untruths is the way forward!