Lloyds Banking Share Discussion Threads

[bountyhunter] 16/12/2018 12:22

How much extra would we need to pay in future years if we stayed in the EU given the precarious financial situation of several of it's member states resulting from unserviceable EU loans over several years?

[minerve] 16/12/2018 12:15

Jaguar Land Rover set to cut thousands of jobs in new year

Up to 5,000 positions to go as Britain’s largest carmaker rolls out £2.5bn cost savings plan





Hey, good start to our Brexit future you Brexit cretins. LOL

[mikemichael2] 16/12/2018 12:05

And maybe best of three if brexit wins again ? Can you imagine all the fake news we would be bombarded with again, with most people still not having a clue !!

[poikka] 16/12/2018 11:59

Anyone else believe that Lloyds has found the bottom? Mind you, I'm not going to bet on it.

[poikka] 16/12/2018 11:57

Some praise for Treeza for giving Billy Bliar a kicking for his cheek in going to Brussels to promote a second referendum.

[grahamite2] 16/12/2018 11:45

Today's Sunday Telegraph:

No one should want a no-deal Brexit as their first option: it would come with many (entirely avoidable) costs and would be the result of a disastrous failure of diplomacy. But we are fast running out of options and could soon be faced with the choice of either no Brexit or a departure without a wide-ranging formal deal with the EU. The former course of action, which is being advocated increasingly hysterically by Remainers inside and outside the Conservative Party, would be a political catastrophe for Britain and would confirm to millions that democracy is a sham in this country.

Hence preparing for no-deal must become Britain’s number one priority. While the Government has started to do more behind the scenes, its efforts to date remain little short of scandalous, largely because of Philip Hammond’s refusal to fund and equip the effort properly.

[poikka] 16/12/2018 11:41

xxxxxy - JR "I have often said that whilst Brexit is a very important political and democratic event for the UK, it is unlikely to have much impact on the world economy, and will have just a modest positive impact on the UK economy once we leave if the government follows sensible policies."

That rather brings me back to a point that I made when a certain EU country was about to join the Eurozone - The new Eurozone, if it hits the rocks, as it looks like doing again, would have a much larger adverse effect on global economy than if one pre-Euro European economy had a hiccup.

[renewed1] 16/12/2018 11:25

I hope your right monty. I'd love to be able to fill my boots at 42p.
With 2B in the kitty for buy backs and the yank having to close his short sometime, end of ppi. 42p is my dream.

[grahamite2] 16/12/2018 10:55

As I mentioned before, Kent you'd expect. But the Isle of Wight? Lincolnshire/Norfolk/The Wash?

[ignoble] 16/12/2018 10:45

Out of chaos comes order ...
Hopefully

[cm44] 16/12/2018 10:42

The interactive map is interesting,highest voting concentrations,e.g.. Kent

[daddy warbucks] 16/12/2018 09:51

I think it would be totally unfair to have a second referendum on Brexit after all the propaganda from the Government with project fear!They have been sounding warnings on this that and the other, when really they are just putting the worst case scenarios forward each time, designed to sway the middle ground voters.We only have to look at the Chancellors warnings at the Brexit vote in 2016. Saying a leave vote would cause chaos. Nothing of the sort happened.The Electoral Commission gave a report saying that the Leave campaign overspent. My god, how much has a the remain campaigns spent since that vote to try and undermine democracy. It absolutely stinks.

[xxxxxy] 16/12/2018 08:46

The curious case of the car industry
By JOHNREDWOOD | Published: DECEMBER 16, 2018
Day after day I hear scare stories on the media that the UK car industry may suffer if some undefined friction were created at our ports impeding the inflow of components after we have left the EU. I have proposed no tariffs on any parts coming in, so there would be less friction on non EU parts than today, and the government may well adopt such a proposal. They have certainly not ruled it out. No-one has yet explained why we will mess up our ports in ways which delay deliveries to car plants. Just in Time systems anyway flex according to how far the components come and the journey conditions they experience in the regular course of business.

What I do not hear is analysis and concern about the very real damage being done to our car industry whilst we remain full members of the EU. The collapse in car sales since the Spring of 2017 has nothing to do with Brexit and everything to do with the high Vehicle Excise Duties, the tax and other regulatory attacks on diesel cars, and the tough guidance to banks to cut down the car loans imposed by the UK authorities. As a result car sales have fallen by almost one quarter, and car sales by Jaguar Land Rover have been hit much harder given the high proportion of expensive cars and of diesels in their mix.

Why doesn’t the media take up these unhelpful policies, and make more of them than the silly scare stories about why might happen if we just leave the EU?

It would also be good to have more informed comment and discussion of a real economic problem worldwide, rather than the false worries about Brexit. The rest of the world is talking about the general move to slow money and credit growth in the USA, the Eurozone and China as well as in the UK. Car sales are very dependent on credit and get hurt early on when rates rises or when cash is restricted in banking systems. Car sales in China fell heavily last month. US car sales peaked earlier this year and are also in decline. The German car industry got hit badly this autumn. It was largely attributed to changes in EU regulations delaying certification and sales of new vehicles, but it is probably also about the turning of the credit cycle and the decline in underlying demand in the world car market.

I have often said that whilst Brexit is a very important political and democratic event for the UK, it is unlikely to have much impact on the world economy, and will have just a modest positive impact on the UK economy once we leave if the government follows sensible policies. We should try to prevent endless scare stories and the Groundhog day coverage that is the current UK media from stifling debate on the things that do have an economic impact. The media should be expressing some alarm about what monetary tightening is now doing to the world car industry. There is no obvious inflation threat in the advanced world, and clear signs of economic slowdown.

[bountyhunter] 16/12/2018 01:18

126k now, that's an increase of 30k in just a few hours...

[bountyhunter] 16/12/2018 01:15

I was talking about parliamentary petitions graham.

[minerve] 15/12/2018 23:44

"What has this Great British isles done to deserve a thing like you minerve."

It doesn't deserve me. At the moment I'm too good for it.

[grahamite2] 15/12/2018 23:36

bountyhunter, you say (at 240116) that the petition to ban the sale of fireworks to the public got the most votes ever. But surely the petition to reinstate Jeremy Clarkson got three times as many?

[bountyhunter] 15/12/2018 23:31

I really don't think she has read it properly either!
If she had surely she would have demanded changes at an earlier stage?
She talks the talk but that is all.

[stonedyou] 15/12/2018 23:28

What has this Great British isles done to deserve a thing like

you minerve.

[stonedyou] 15/12/2018 23:23

In what context is this made up!!!!!!



39.The EU admits, in Art. 184, that it is in breach of Article 50 of the Lisbon

Treaty which oblige it to conclude an agreement of the terms of UK leaving the EU.

We must now, it seems, negotiate, expeditiously the agreements governing their

future relationship. And if the EU does not? We settle down to this Agreement.



And bounty, I have asked the same question " Has Teresa May actually read any text

of the DEAL". I don`t think she has!!!!!!

[bountyhunter] 15/12/2018 23:17

Sorry but if it's really in the agreement it makes no sense at all to me! Hope I'm still making sense as I'm on the Guinness at a Kareoke tonight! That's one thing I am thankful for to the Irish! 🍻