Lloyds Banking Share Discussion Threads

[jacko07] 06/1/2019 15:16

Bargainbob..Sturgeon represents about 1.3 million people, I would think it fairly obvious that with such a small following she has less right than Corbyn, Cable or in the last count up Farage to spout how it's going to be.

Regarding Scotland owning North Sea oil is ridiculous, Scotland is part of the UK and already Scots get far more breaks than the English, Welsh or Northern Irish. Also you forget that should Scotland start claiming North sea oil as their own Westmister would say, that's ok Wee Jimmy, you have it and repay us all we have spent over the last 300 years you lot have been sucking us dry. Any claim would take long enough to see out all of the oil anyway. It might be a score in about 2050 by which time it will have all been used and what's left not worth bringing out of the sea bed.

There have been moves to recast the constitutional status of Orkney, Shetland and the Western Isles partly in order to get a greater share of the oil revenues to these islands, in whose maritime territory it is argued that most of the oil is found. Any Shetlander and the rest will tell you that Scotland are in no way the owners of NSO, only the silly SNP nationalists who live in Wee Jimmy's little world.

Bob, get off of your high horse and start looking at facts, Scotland do not own North Sea oil. If Scotland goes independent why not split the oil revenues fairly between all of those with an interest. A fair equal split between the UK's 60 million people....your share Bob would be enough to fill up your Mondeo.

[stonedyou] 06/1/2019 14:25

Lilley of the Brexiteers!!!!



Lord Lilley lists 30 ‘Brexit no-deal truths’ to destroy ‘apocalypse’ myths

SENIOR Tory Lord Lilley has set out a 30-point report rejecting the Theresa May’s “apocalyptic” vision of the impact of no-deal Brexit.



The former trade secretary accused the Prime Minister of trying to “play up the supposed horrors” of leaving the European Union on World Trade Organisation (WTO) terms. And he has written a report, which will be sent out to MPs on Monday, listing what he describes as 30 “truths” about leaving the EU without a deal.

He said: “The Government is clearly determined to play up the supposed horrors of leaving with no Withdrawal Agreement in the hope of persuading MPs to vote for the EU’s unloved draft ‘deal’.

“The Government is in the bizarre position of preparing to leave on WTO terms, while pretending that its preparations will be unsuccessful.”




She is said to be considering offering MPs further safeguards about the Irish backstop - the measure aimed at preventing a hard border on the island of Ireland which critics fear could leave the UK indefinitely bound into a customs union with the EU and prevent future trade deals with countries around the world.

But former Brexit minister Steve Baker rejected the proposals, saying they were a "tedious and desperate attempt to rescue an unsalvageable deal".

[m4rtinu] 06/1/2019 14:23

Pawsche - although I am a Remainer, your 3 option rerun could easily lead to more argument. If say, 1=30%; 2=30% & 3=40%, what conclusion would be drawn? Maj for Leave or biggest vote for Remain?

[poikka] 06/1/2019 14:18

BBC heading on the NHS plan.

"Theresa May's 10-year plan for the NHS lacks both the staffing and funding to succeed, Labour has said."

How about starting with the plan as a heading, and then give air to the naysayers.

[bargainbob] 06/1/2019 14:14

Change Britain for Scotland . How Labour and the Tories have lied .

[stonedyou] 06/1/2019 14:05

The question was.....Not your uuumble opinion.


"Just to clarify was this a UK or Scottish only referendum?"

[patientcapital] 06/1/2019 14:00

Not the only treaty needing ripped up...

[bargainbob] 06/1/2019 13:57

A UK under the treaty of the Union that has not been adhered too.
Time to rip the treaty up imho.

[toon1966] 06/1/2019 13:39

Just to clarify was this a UK or Scottish only referendum?

[bargainbob] 06/1/2019 13:17

NOW YOU WANT COMPROMISE

For almost two years the First Minister of Scotland, Nicola Sturgeon has gone out of her way to offer compromise to the Prime Minister, Teresa May and the British Government. For almost two years the Prime Minister and the British Government have completely and utterly dismissed each and every proposal put to them by the Scottish Government.

The Scottish Government tried to insure that the wishes of the Scottish electorate were respected by Westminster. Every single Council area in Scotland voted to remain part of the European Union and a total of 62% of voters throughout Scotland voted to remain European citizens. With such a compelling majority of Scots voting to remain part of the European Union the First Minister had a duty to seek an outcome that would facilitate Scotland being part of Europe.

Westminster dismissed any suggestion that Scotland could remain part of the European Union whilst still part of the United Kingdom. The British Government went further and insisted that all parts of the United Kingdom would have to leave the European Union together. They added that it would be impossible for Scotland to stay in the European Union and the United Kingdom because there would have to be a hard border between Scotland and England.

At every stage of the Brexit negotiations between the United Kingdom and the European Union the Scottish Government and Parliament have been excluded from all discussions and been isolated and ignored. Even the Scottish Conservatives have been marginalised and not invited to take part in any Brexit negotiations. In fact, with the exception of the ten DUP MP's, Brexit negotiations have been between the European Union and the 'English Government' in all but name.

The only representation Scotland has had in any Brexit dealings is via the Secretary of state for Scotland, David Mundel, who can hardly be described as Scotland's man in Westminster. On the contrary, David Mundel is unashamedly Westminsters man in Scotland doing exactly as he is instructed to by his masters in Englands Capital City.

When Westminster insisted Scotland could not remain part of the European Union and part of the United Kingdom they sent Mr Mundel scurrying up north to deliver their decision on the matter. Even when it came to light that what Westminster stated was impossible for Scotland was exactly what Westminster had in mind for Northern Ireland the Scottish Secretary still had no backbone and would not stick up for Scotland.

He did promise to resign if Westminster offered Northern Ireland a deal they refused to consider for Scotland, However, this 'Red Line' promise went like all his other promises to resign. In fact Mr Mundel and the Scottish Conservative leader, Ruth Davidson have a long history of promising to resign then back tracking the moment their so called Red Line is crossed. I am quite sure even their own very small band of supporters in Scotland don't take any of their resignation threats seriously, if they ever did.

So after about two years of totally ignoring his own country and its Parlimaint and dismissing every offer of compromise David Mundel is now demanding the Scottish Government and Parliament 'Compromise'. His Government in Westminster sneer at Scotland's elected MP's and mocks them daily. Scottish MP's have been swore at, laughed at, told to go kill themselves and told to go home by his Conservative Government. He has sat and smirked as English MP's belittled Scottish MP's and said nothing.

Now that his Conservative Government are in trouble and struggling to get their Brexit Withdrawal Bill voted through David Mundel wants Scotlands MP's and Scotland's Government to get in line and Compromise. If he is so keen for Compromise then he can ask his masters to offer Scotland the same deal they have offered Northern Ireland. Northern Ireland have been offered the option to stay part of the European Union and part of the United Kingdom, without a Hard Border.

Compromise is a two way exercise or it is no more than 'Compliance'. If David Mundel is asking the Scottish Government to compromise on Brexit then he and his British Government have to compromise as well. If he is asking the Scottish Government and Parliament to vote through the Withdrawal Bill that allows Northern Ireland to stay part of the European Union and the United Kingdom then his Government simply cannot refuse the same deal for Scotland.

No Mr David Mundel, Secretary of state for Scotland, our Government will not comply or capitulate to your Government no matter how much you insist or threaten. Scotland has every right to ask for the same deal you refused to give us but then offered to Northern Ireland.

Now kindly scurry back down to London and tell your Masters that, unlike you, our First Minister will not Comply or Capitulate. There's a good little Quisling Uncle Tom.

Chic Macgregor

[gotnorolex] 06/1/2019 12:20

Didn't you know it was written by Eton Boy Hugo Dixon AKA Clyde the Orangutan who has run riot in every Fleet Street newspaper that ever was! inspired by "Every Which Way but Loose"

[minerve] 06/1/2019 12:18

It is 2019. Let us cancel Brexit and get back to using our heads rather than deciding futures on prejudice and ignorance.

[pawsche] 06/1/2019 12:11

Huh! "The Independent".. Misnamed if ever there was. As for the slant of the piece, it's somewhere near 180 degrees adrift of reality. The only was a "losers' vote" will get us to stay in the EU is if it's a fixed 3-way question...

(1) WTO exit
(2) Exit on WA terms per Mrs May
(3) Remain in the EU

"Our betters" would then hope that the "leave" vote would be split between (1) and (2) allowing "Remain" to win by default.

[gotnorolex] 06/1/2019 11:12

The letters that could spell the end of Brexit if the people are given a Final Say

[cm44] 06/1/2019 10:17

300,000K+,
Makes Sky's look paltry by comparison

[xxxxxy] 06/1/2019 10:07

Beware of Central Banks who want things to be “normal”
By JOHNREDWOOD | Published: JANUARY 5, 2019
In recent weeks there has been a big outbreak of pessimism about the future of the world economy. The US stock market has led the way down, just as it powered the optimism a year ago. Wall Street watchers turned worriers are alarmed at the way the Federal Reserve Board is tightening money in the name of creating a more normal policy. Their money supply growth has slowed noticeably. The Fed has put through a number of interest rate hikes to make borrowing dearer, and has started a big programme of Quantitative tightening, reducing the amount of government bonds it owns. This is double banking the monetary squeeze.

On the other side of the world the Chinese too are busily tightening their money supply. Worried by past build ups of debt and bad debts, they are requiring their banks and other financial institutions to go easy on the new credit and tidy up the old credits that have gone wrong at a faster pace. Money supply growth has fallen by a third as they adjust policy.

The Euro area too is slowly wanting to look a bit more” normal”, so it is cancelling all new money creation to buy bonds under Quantitative easing. Even the Japanese who can be relied on to print and buy bonds until the end of time are easing up on the amount of such bonds they buy and the money they create to do so.

The UK has put through two rate rises, ended all new Quantitative easing and has presided over a large drop in money growth, with credit for car and home purchase affected as we see in the output and transaction figures. These toughening monetary measures have reinforced the negative effects of higher taxes on car sales and some home transactions.

The danger is the pursuit of an old normal, with no QE and base rates above 3%, is not compatible with reasonable growth and is not necessary to contain inflation. The Central banks should be data dependent, and note the cooling of inflationary pressures with oil and commodities weak and plenty of global spare capacity and excess supply of many goods.

It is good news that despite the squeezes the latest UK PMI for manufacturing showed a decent rise and is indicating continued expansion. Demand is increasing, real wages are rising and businesses can expand. Those who wish to see everything through negative I don’t like Brexit glasses say this is just stock building ahead of a possible no deal exit in March. There’s an irony there. If as they think demand will fall on exit, why would anyone wish to increase their stocks ahead of such an event? If demand did fall – which I disagree with – stock levels would automatically be higher as a precautionary measure anyway without buying more stock. It is also interesting to see that the people who say the good PMI is just the result of people preparing for a no deal exit, are usually the same people who tell us no deal is not going to happen.

[bargainbob] 06/1/2019 09:57

Agree Diku , but not sure Ikea are hiring, due to Brexit.

[diku] 06/1/2019 09:47

Think Sir John Redwood could be in line for a Cabinet job soon...

[sidarthur2] 06/1/2019 09:44

I wonder which way Mr Mays hedge funds are backing this.........

[excell1] 06/1/2019 09:07

Can't help feeling that Sir John Redwood has got this completely correct.
Terresa May considers that the Christmas break will change everyone's mind about Brexit.....Err why!