Lloyds Banking Group, produced by the merger of Lloyds TSB and the Halifax banking group HBOS, is the biggest ever UK bank. The combined group, with around 145,000 staff and 3,000 branches, will control around a third of UK's mortgages and a quarter of all savings. The government owns 43.4% of Lloyds Banking Group, 36% are owned by Lloyds TSB shareholders and 20% by HBOS shareholders.
Hot tip for you Fishfaced, Subject to staying in GO will balance our books by 2020 and during the Conservatives 2nd term we will start to pay down our debt, the EU will eventually resolve their problems by following in our foot steps, Turkey will not join in the foreseeable future,
A straight forward question for you - which of the EU rule are you most keen to ditch in exchange for the economic chaos an exit would cause?
Wids, I respect your opinion and agree that austerity hasn't worked as well as we'd have hoped to tackle the nations debt issue. We do need to manufacture more, sell more and consume less.
But in order to export more as a nation, we need a more educated and skilled workforce to attract FDI and to also develop competencies in sectors besides just finance. This, is likely to take a long time (providing we leave the EU, FDI would probably dip, Investments by domestic countries would dip)! We're… Read More
Asperger1 - Dear GO is a politician, promises much and delivers even less. He promised to reduce the debt when it was half a billion quid inherited from Uncle Gordon. Now at 1.6 trillion the promises ring hollow and can reasonably assume somfin when wrong. Maybe more austerity measures, more strikes, return of the 70s, Greece like protests, - who knows.
So, to decrease our debt we need to do more trade. Manufacture more, sell more, import less, consume less. From about 2000 to 2016 our trade… Read More
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.