Lloyds Banking Share Discussion Threads

[minerve] 05/2/2019 14:33

Pierre

Where is the lie? I filtered him, I changed my mind, gave him a chance, and then filtered him again. I am sorry, I should have updated you that I had unfiltered him because it is important to you. I thought that would have been obvious, but no, apparently not. ROFLMAO!

[patientcapital] 05/2/2019 14:19

Oh dear."A man has been killed after an e-cigarette exploded in his face.William Brown, from Fort Worth in Texas, was using the device outside a vaping shop"

[k38] 05/2/2019 14:18

...Last week, Chancellor Angela Merkel's government nearly halved its 2019 economic growth forecast from 1.8 per cent to 1 per cent, citing Brexit as the first among key reasons for the slowdown. ....Its single market is arguably its greatest achievement, and officials fear that any weakening of this would undermine the entire European project.

[minerve] 05/2/2019 14:14

maxk

It comes from the EU but if you think a Tory government is going to meet that funding post Brexit you are deluded.

It has got to bribe Nissan et al for a start. Just to keep 17.2 million chimps sweet.

I say end Brexit. Politicians need the courage. They know it makes no sense to continue. Like a family listening to the baby on a mortgage decision.

End Brexit, buy some water cannons, lock the chimps away who misbehave. Job done.

[patientcapital] 05/2/2019 14:13

Exactly. Middle of the road loons clueless as per.

[maxk] 05/2/2019 14:09

€U funding for Uni's.

Where does it come from in the first instance?

[minerve] 05/2/2019 14:02

grahamite2 5 Feb '19 - 13:37 - 245200 of 245202 (Filtered)

I've filtered grahamite2. I genuinely can't deal with the level of ignorance and very low level of intellect. I have been used to better, that is my problem.

[ladeside] 05/2/2019 14:01

Do you think if the EU headquarters had been London that there would have been the same level of hatred and suspicion aimed by "Brits" towards the EU ??

Express & Mail headlines of,

"outrage as London orders change in shape of banana"

"Now London tells us when we can eat our meals"

"Fury as London tells us our cars are no good"

etc, etc, etc.

I wonder, I just wonder...........

[minerve] 05/2/2019 13:57

grahamite2

"The big difference is that I am not lying my head off in pursuit of an agenda - which they are."

No, you are just in denial to protect your agenda! ;)

Denial of ALL the experts.

You belong in a cave mate. ;)

[financeguru] 05/2/2019 13:49

#245170 ... mini man you seem to be an anti semetic card carrying member of momentum ... care to comment?

no response from the fool.I guess it says it all!

[grahamite2] 05/2/2019 13:37

I don't necessarily know more than the vice-chancellors of the Russell Group universities, although I perfectly well might. The big difference is that I am not lying my head off in pursuit of an agenda - which they are.

[patientcapital] 05/2/2019 13:24

I'll have some tomato sauce with them when you are passing. Lighten the load.

[grahamite2] 05/2/2019 13:05

Yes, of course it's part of Project Fear, Minerve. It's also patently ridiculous.

[minerve] 05/2/2019 12:54

Ref universities and EU funds:

"A second factor is Brexit, which is already damping the recruitment and retention of non-UK faculty and technical staff ahead of Britain’s planned departure from the EU on March 29. Universities are also bracing for substantial reductions in EU research funding. ➡️ The UK has received €11.4bn from the scheme since 2014, the largest share of any country. ⬅️"

Of course, we don't need universities unless the subject studied is vocational. The rest of human knowledge can die if it can't be applied to the design of a Dyson vacuum cleaner, or similar, to create billionaires. Anyway, we can be a nation of plumbers, brickies and plasterers, or even second-hand car salesmen!

We shouldn't be educated too much. We might start to realise the whole ruse and rebel. Can't have that can we.

LOL

[hoper1] 05/2/2019 12:51

cbr - yes, could be a pivot point as the long term chart could go either way from here. An upward break through 58p would be a good indicator. GLA.

[shy tott] 05/2/2019 12:48

Talking about income tax rates … guess the tax rate on our highly paid unelected eu rulers. Anyone? Dreaming up diktats seems to be a very nice wheeze.

[cbr60000] 05/2/2019 12:43

That 0.58p barrier seems hard to break through....

[stonedyou] 05/2/2019 12:42

The "HATED EU" trying to impose a miserable withdrawal agreement on the UK


A no-deal Brexit would be much worse for Germany than for the UK.

Victor Hill is a macro strategist at Master Investor.





Europe: how a potential crisis has crept up on the Continent




With tension in France, Germany and Italy, the final shape of Brexit could be the key factor that determines whether the eurozone tips into recession this year or not, says Victor Hill.


While the Europeans have been busy trying to impose a miserable withdrawal agreement on the UK, a potential crisis has crept up on them of their own making.

It is not clear that the eurozone could survive a new recession in its current form. This risk would be exacerbated by the fallout of a no-deal Brexit, which looks quite possible.

The presidency of Emmanuel Macron in France has run into trouble. He has had to water down his programme of reforms in the face of a popular uprising; furthermore, his grand project to reform the eurozone with Germany has been rebuffed by Berlin.
•UK shares: how to play the Brexit turmoil to your advantage

French gross domestic product (GDP) grew by just 0.3% in the fourth quarter of 2018. This was less than expected and in part owing to the waves of protests by the gilets jaunes across the country. Both household spending and exports fell.

The protests have forced President Macron to cancel planned tax increases on diesel and other fossil fuels, and to offer a package of social spending that will undermine plans to keep the fiscal deficit within the 3% straitjacket this year. Macron’s authority is diminishing at precisely the moment that Angela Merkel is becoming a lame duck chancellor.

The German trade surplus, which stands at around 8% of GDP, makes the country highly exposed to any downturn in global trade. When global trade plunged in Q4 2008 as a result of the financial crisis, the German economy lost more than 5% of its value.


Italy is in technical recession. Oxford Economics is forecasting that the country will grow by no more than 0.3% in 2019 – a year in which the country will have to refinance debt equal to 17% of GDP. That will now take place without the European Central Bank lending Italian banks funds at near-zero or negative rates, which they can then invest in Italian government bonds (that yield nearly 3%).

Just before Christmas, the Italian government struck a deal with its European Union overlords on the final shape of the 2019 budget, causing Italian bond yields to ease. But GDP-per-capita has not risen for 20 years and unemployment stands at 10.5%.

Moreover, Europe’s banks are looking extremely lacklustre. There is still no substantial banking union. The Italian banks in particular are locked in a doom loop whereby any default on government debt would automatically trigger the systemic collapse of the entire banking sector – one that would not be confined to Italy. High-yield credit spreads have surged in Europe in recent months.

The single currency has condemned most of southern Europe to mass unemployment, weak wage growth and relentless austerity. Without quantitative easing there are very few policy tools left to address this. There is still no sign of a concerted effort to reform the eurozone’s structural flaws.

The final shape of Brexit could be the key factor that determines whether the eurozone tips into recession this year or not.

There are already signs that Germany’s trade surplus with the UK is narrowing and that it is likely to fall further.

A no-deal Brexit would be much worse for Germany than for the UK.

Victor Hill is a macro strategist at Master Investor.

[corpbull] 05/2/2019 12:38

Lord Trimble taking Govt to court

hxxps://order-order.com/2019/02/04/trimble-taking-government-court-backstop-breaking-good-friday-agreement/

[stonedyou] 05/2/2019 12:36

It`s in the cheeeeeeeeeeeeeeeeeeese!!!! Don`t you just know it!



Wyke Farms cheese-maker to double size of its dairy



A cheddar cheese-maker is to modernise its dairy so it can grow its overseas market after Brexit.

The dairy in Wincanton, Somerset, will have extra storage space and use robotics to move cheese more easily.

Richard Clothier, owner of Wyke Farms, said: "We're rebuilding the dairy to make it super energy efficient and we can up-skill some of the jobs and take out some of the manual labour."

He said production would rise from 17,000 to 40,000 tonnes a year.

The modernisation, which will double the size of the dairy, is being partly funded by a £1.3m grant from Defra, to help UK companies expand their businesses post-Brexit.


Mr Clothier, who supported Remain, said although Wyke Farms sold cheese to 160 countries, 70% of its exports were to Europe.

The hope is to expand its opportunities further afield such as China, India and the United States.

"On the Brexit front, obviously we are concerned about the European markets but in business, we need some certainty now," he said.

"We need to know the direction of travel and we'll have to adapt our strategy based on whatever we get - we have to pick ourselves up and then get on and sell cheese.

"We wouldn't want to lose our European customers in the process."

[minerve] 05/2/2019 12:34

"FLOL! Is this man nuts or is he nuts?"

He is more sane and grounded than you will ever be. ;)