Right! Interest rates ain't going anywhere. Think about it. Raising rates is a snake bit to banks and debt holders. It's currency manipulation full stop. The Fed is trying to create room for further rate reductions. All this has mega affects to Lloyd's and every financial institution. History is the best teacher to those with interest.
maybe but we have just had some more poor service sector data. Enjoy the steak also it won't be cheap I fear! cape Town is the place for that and the red :)) Enjoy nonetheless though. Off to California tomorrow will be a bit hotter then here I think, so have to squeeze in a few cheeky rounds early doors ! :) I hoping the ship will steady itself next week as the world comes to terms that interest rates aint going anywhere yet especially now OPEC have decided to leave oil output where it is. GL and enjoy
Yes - I know you have been calling the end of the world for the past few years, and for sure there are plenty of troubles around the globe that need to be addressed,
re LBG - its not the Conservatives Policy or inclination to retain a holding (ref RMG announcement)
'Lloyds could be off the government’s books and back in private hands within a year, its chairman told shareholders yesterday. The Chancellor has already committed to selling at least £9billion of shares in the next year. Based on the current share price of 88.8p it would leave taxpayers holding £3.5billion of shares (for the pledged Tell Sid sale?).'
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