Lloyds Banking Share Discussion Threads

[scruff1] 22/11/2024 14:21

Yep. Thats the reason for the base jump. PMI figures showing decline in activity for first time in a year. We are close to recession and I guess we are simply waiting until April now for the damage to really show. This govt seem quite good at keeping the country on death row. 4 months anticipating the drop!

[geckotheglorious] 22/11/2024 13:43

The Brexit vote may not be "forever" but it is for a "Generation at least" as the original vote to remain was in 70s.

[joe say] 22/11/2024 13:21

@careful

52% Brexit

Less than 20% for 2 tier and the customer complaints officer

[xxxxxy] 22/11/2024 12:58

Britain's private sector suffered a slump in output for the first time in a year after Rachel Reeves's tax-raising Budget, according to a closely watched survey.The S&P Global Flash UK PMI - a gauge of activity in the UK economy - has fallen to 49.9 in November.It is the first time the PMI reading has dropped below the 50 mark separating growth from contraction since October last year, and is the first major reading of Britain's economic growth covering the period after the Budget, when taxes were increased by £40bn.The pound slumped to its lowest level since May and banking stocks plunged on the FTSE 100 as traders ramped up bets on the Bank of England cutting interest rates next year in the face of a struggling economy.Chris Williamson, chief business economist at S&P Global Market Intelligence said: "Companies are giving a clear 'thumbs down' to the policies announced in the Budget, especially the planned increase in employers' National Insurance contributions."...Daily Telegraph

[geckotheglorious] 22/11/2024 12:36

Indeed,
Spot on post Whites.

How's your petrofac investment btw?

I havent checked on the board in ages.

[careful] 22/11/2024 12:34

Looking at the moaning farmers numbers.

If a non farming married couple die and leave a £2m estate to their family £400m tax is due.
It must be paid immediately, up front.

If a farming married couple leave a £5m farm to theirchildrn they also owe £400m.
BUT THEY HAVE 10 YEARS TO PAY.

The farmers with land are allowed another £2m compared with other people.
Then they pay at 20% half the normal rate.

This gift instigated by Thatcher was overgenerous.

[careful] 22/11/2024 12:23

Brexit vote was in 2016.
The result was not forever.
That is democracy, a periodic change.
Less than 40% of all eligible voters voted for it.

We can understand people voting Brexit so that they can control their borders, it sounds good. Who would not want that?
Many older Brexit voters did not understand that in practice it meant that controlling our borders meant that we were free to let in as many as we wanted.

Many of our political masters thought that with the ending of freedom of movement we would need them. "The Singapore of Northers Europe."

Brexiteers were angry when remainers did not respect the result that was based upon lies.
They seem to be the ones that do not respect the result of the last general election.

[jordaggy] 22/11/2024 11:47

PMI data feeding through to nervous investors. Inflation creeping up, Labour government squeezing blood out of the stoned. Retail investors withdrawing cash for Xmas.

[action] 22/11/2024 11:41

And I have left them after 30 years.

[diku] 22/11/2024 11:37

Who knows some of those letters might be greeting cards...

[diku] 22/11/2024 11:36

Jump and dump...

[rackersthedon] 22/11/2024 11:26

shut up arja. no one listens to you and your liberal clown mates

[arja] 22/11/2024 11:25

scruff1,
sure capital gains are unearned INCOME in a way but I bet you support them being taxed at a lower rate tan other income ! You can not have it both ways sport :)

[gbh2] 22/11/2024 11:21

Jump or Dump ?

[scruff1] 22/11/2024 11:05

I will second Rackers. Brilliantly put whites. One I will put in me file

[scruff1] 22/11/2024 10:30

Whats caused todays base jump?