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Lloyds Share Chat (LLOY)



Share Price: 71.05Bid: 71.04Ask: 71.06Change: 0.12 (+0.17%)Riser - Lloyds Grp.
Spread: 0.02Spread as %: 0.03%Open: 71.22High: 71.37Low: 70.545Yesterday’s Close: 70.93


Share Discussion for Lloyds


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utrickytrees
Posts: 2,103
Off Topic
Opinion:No Opinion
Price:71.02
RE: Banks help for businesses!
Today 09:43
NC check out big pun, 'still not a players you'll love it.
 
boldboy
Posts: 340
Off Topic
Opinion:No Opinion
Price:71.04
RE: Banks help for businesses!
Today 09:42
As I Said" NO IDEA!"
utrickytrees
Posts: 2,103
Off Topic
Opinion:No Opinion
Price:71.10
RE: Banks help for businesses!
Today 09:40
BB, don't give a rats m8 if you work on 120 days your weak & you've got the shi@@y end of the stick, there's no need for it unless you choose to do it & your making sufficient money to lose 3 months revenue in which case you wouldn't need a bail out fund would you?
boldboy
Posts: 340
Off Topic
Opinion:No Opinion
Price:71.14
RE: Banks help for businesses!
Today 09:39
The premise that the banks will start bailing out the Government is not a new Idea J P Morgan (Banker) did just that in the USA in the 19th century.
Newchurch
Posts: 3,284
Off Topic
Opinion:No Opinion
Price:71.14
RE: Banks help for businesses!
Today 09:39
Utricky, I am not into all those mumbling newcomers, griping about how tough their life is. A plane leave ever few minutes. Never liked much Rap, Will Smith Summertime, whilst not rap, is super though.
Newchurch
Posts: 3,284
Off Topic
Opinion:No Opinion
Price:70.95
RE: Banks help for businesses!
Today 09:34
Maybe, yet I fear the management could be pressured politically into making decisions in matters such as these.

IF any struggling businesses are worthy of bail outs, let it be on their business merits, as any other business would have to prove.

Seems to me that 'just' because of the huge numbers of effected business may suffer, that 'alone' is not reason for us, to have to bail them out.

After all, the 'pain' for any other business which fails, in the UK, hurts just a much for those people. Just because the 'numbers' of individual businesses affected is greater, is NO reason for banks to treat them any differently, from a single struggling business, UNLESS it is pressured into it by HMG.

So, it may be comforting to assume that LLoyds have done such with 'our' interests at heart, but, I still think at this stage NOT.

All imo, of course.
utrickytrees
Posts: 2,103
Off Topic
Opinion:No Opinion
Price:70.965
RE: Banks help for businesses!
Today 09:32
NC u need to get into rap m8.
boldboy
Posts: 340
Off Topic
Opinion:No Opinion
Price:70.98
RE: Banks help for businesses!
Today 09:32
You have no idea ,and obviously have never worked in the construction industry.The 120 days is a norm for most sub contractors and suppliers and if you don't want to adhere to those terms you won't be in business for long.Those payments can also be extended by the main contractor via the dispute file which may extend payment another six months.
There are no exceptions and finding someone who pays an invoice in 28 days is the Holy Grail are you have hold of their nuts.
wizard125
Posts: 112
Off Topic
Opinion:No Opinion
Price:70.725
RE: Banks help for businesses!
Today 09:20
Maybe Lloyd's have worked out what it would cost if these businesses also went in liquidation and what it may make in the future if they didn't.
Nobody said that no businesses will go bust as a result of Carrillion!
Newchurch
Posts: 3,284
Off Topic
Opinion:No Opinion
Price:70.82
RE: Banks help for businesses!
Today 08:56
As I said a long while ago, I think the HMG/UK bank relationship is changed, forever.

Now, UK banks will be used as a form of business/homeowner social security, picking up the tab when businesses and eventually home buyers struggle. As HMG cannot afford to bear the costs of either, they can only 'take' from businesses who are making cash profits.

Banks are an easy target, HMG know PPI is ending, so there is plenty of surplus cash available for the taking.

Dreamers 'assume' it will head toward the share holders, but, so long as Lloyds pay a reasonable div, WHY would they pay out more, when it 'pleases' the puppet master to use that cash elsewhere to benefit them.

Would be a terrible shame if in the shaky hands of HRH, the sword slips a little, just a nick mind.

IF Lloyds were easing terms for any businesses which was on their books to prevent full default, then I could agree with it, BUT this is about bailing out HMG with OUR cash.

As Dylan sang, "I've known it all the time, you're (others, not you necessarily) are learning it these days.."




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