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Would be great to see Farage as PM. For healthy political balance, the UK urgently needs a credible right-side force to reverse the country's breakneck slide into a Marxist-Maoist state.
Markets will be opening on a positive footing today hopefully Lloyds will benifit from that and conclude today trading back above 55p...
Base bank rates will be higher for longer which will be good for bank profits. Cutting overhead costs, rates higher for longer, buybacks, economy improvement, inflation down,,,, Happy days to come sticking to the facts not the fantasy doomsdayers....
Can't wait to get this UK general election & the French election out the way which is only a temporary distraction non of the parties will make any difference it will be a normal day in the office and life will continue as normal.
I'm buying yes buying more Lloyds bank shares can't knock a great dividend paying UK bank...Got lots of proper work to do today so over to the bed wetting fulltime doomsdayers
Keltickilla, "Should we be worried🤔?"
Yes, yes, yes and they probably want to Rob you of your children's inheritance, to boot!
Sell, sell sell!!!
London's FTSE 100 is on track to open higher at around 8,195 up by close to 40 points on Friday, futures revealed, with stocks looking to close the week in the green.
Overnight, Japanese shares outperformed weaker Asian markets, with the yen slipping lower after the Bank of Japan revealed it would be cutting down its bond purchases in the future, surprising some traders who believed the central bank would have started earlier.
The US Federal Reserve is only likely to cut interest rates once in 2024, in December, economists at UBS forecast, lowering expectations from its previous prediction, though counterparts at Goldman Sachs still expect two cuts.
Yesterday's Federal Open Market Committee (FOMC) meeting's summary of economic projections, SEP or 'dot plot' as it is better known, was decisive in pointing to only one 25 basis point rate cut in 2024.
"It is not even close," UBS said, noting that 11 of the 19 committee participants see no cuts or only one cut as appropriate this year.
https://www.proactiveinvestors.co.uk/companies/news/1049803/economists-disagree-over-number-of-us-fed-interest-rate-cut-in-2024-1049803.html
Where will this stock land this time?
....Source Sly News sorry.
Should we be worried🤔
Labour's deputy leader stood her ground and resolutely stuck to the Starmer-Reeves script, even when Ms Mordaunt issued a direct challenge on whether Labour would raise capital gains tax.
It was not in the Labour manifesto, Ms Rayner insisted, repeating Sir Keir's mantra from earlier in the day.
That wasn't a no, then, Ms Mordaunt replied.
That is a trick lots of employers have been using to cut heads. Many staff don't want to go back to the office, after working from home for so long, so they get other jobs and quit. Culling heads, by stealth!
Lloyds Banking Group plans to move thousands of workers back into a refurbished City base later this year as it focuses on reducing office space.
The Big Four lender said it would reopen its office at 33 Old Broad Street in November following 18 months of renovations.
It is due to house roughly 5,000 staff and will become Lloyds’ new head office.
https://www.cityam.com/lloyds-to-reopen-new-city-headquarters-this-year-as-it-cuts-office-space/
A vote for conservative is a vote for labour 🤣🤣
Nigel Farage’s Reform UK overtakes Conservatives in new opinion poll - https://on.ft.com/45F4lPP
DYOR
Antony 901.
Well getting a party in power with an historical record of ruination such as Labour, is not much of a change just a replay.
As voting Tory again when Labour have repeated their mistakes will not be a change!
We have never had a change for decades.
having waited 6 years to get back to my average 59.3p i missed 57p intraday when india's future prime minister called early. sold half at 56.4p and half at 55p yesterday so dropped 5% but hey at 30p i was down 50%. it's nailed on £bn's special bank profit taxes as north sea oil/gas companies will cancel all new stuff and close/cap current wells and drill elsewhere. capital gains tax increases and doubling council tax nailed on. let's hope he doesn't start taxing isa capital gains and intersest. i'm 12 years into retirement so time to stop saving as 5 years of rainy days are due to decimate uk. maxed out the premium bonds and got a few 2029 gilts.
i've gone from baby boomer commie supposedly to rightwing fascist. as the bright scholarship boy from the council estate, a successful it career with 20 years in the middle east i've seen it all. i hated thatcher, i shouted ****** at enoc, i fell for the lies on comprehensive schools, stopping hanging an innocent person, legalising buggery etc etc. but as with everything in life, people always want more for nothing. we have levelled down so far no one bothers about another murder, rape, child abuse etc. violence is normal behaviour and your hr lawyer will make your apology, " my client is sorry he didn't know what he was doing, can't remember what happened, it was the drugs n booze and god told him to do it". never mind it's the government, the rich, the police, his probation officer etc etc. get ready for 5 years more of levelling down. houses will be a liability not an asset so i will be trading down asap. so vote for corbyn light the man who made £10m as head of the crown prosecution service and failed to prosecute a single foreign born paedophile because a 13 year old girl not covered from head to toe in black is a prostitute and fair game, it's in the ancient book. so if you want hamas for a neighbour vote labour as nigel might actually stop the rot. probably best just to liquidate your assets and take a holiday somewhere safer. your adylum claim in canada, oz, nz or even usa will take at least 5 years!!
"How hilarious would it be if the Tories win with Reform as the opposition - or vicky verky lol"
It would be an absolute disaster.
Time for change
After 76 trading days, buyback complete to date:
Total shares to date....................................................1,628,493,955
Aggregate cost to date... ............................................ £840,473,829.38
Average price paid to date..........................................51.6105p
Percentage of £2 billion buyback completed............42.02%
Media loves labour 100% correct.
Beth Rugby laid off starmer and laid in to Rishi.
Incoming Trump government will make all the left wingers squeamish when they witness the socialist leader bow down to Trump in there quest for the dollar investment now that the Saudis, Russians and Chinese are no longer flavour of the year.
Somebody has to put their dirty dollar where their was once Rubbles and Yen. We don't want our football clubs sinking now do we.
Yet More councils will announce bankruptcy with special permission to raise council tax anything between 10 and 20 %. As in Birmingham nobody will be held to account for the errors let alone the money.
Money markets are overpriced, over heating, and over inflated and just waiting to pop. As is the housing market.
Apart from mortgages, taxes, utilities, and food the only thing to go up is this country in smoke.
2025 is going to be worse than what we already know.
Not one of these people deserve my money, my respect, my money or my time. Councillors, politicians, pension fund managers, insurers, police, doctors,dentists, and all the other things that I am obliged to pay money for so I can receive no service what so ever in return can go forget themselves. The whole system is ferxed.
How long before the people have had enough.
Get out of paper and into gold, antiques, wines, cars and the likes. It's going to take a big shockwave to get this all back up and running and by the looks of it that are just laying down the foundations.
Starmer is not relly very bright - he cannot think on his feet and answer questions as they arise. He is telling outlandish lies - his carefully vetted plan to get to net zero by 2030 is impossible says the expert Professor Dieter Helm. Moreover the real problem that is the cost of living crisis is rooted in expensive energy and we have hardly started the transition. Same all over europe - people are voting for change everywhere . So throw in some tax rises, blood scandal and post office scandal compensation and things are looking pretty bleak whoever gets in. My prediction labour get most votes, reform about 10 points behind them and tories 3rd , assuming the media keep up their pro labour and anti reform stance. We shall see. Just now I cannot vote for any of them.
How hilarious would it be if the Tories win with Reform as the opposition - or vicky verky lol
Markets down on Labour manifesto launch - is the tide beginning to turn?
Brixton
Spare a thought for those who are less fortunate than yourself who are still waiting to break even having held this stock for many years !!
Love & Light
Chips
@Strike123
Sky news don't make any attempt to hide their pro Starmer, pro EU bias. They're owned by Comcast, big donors to the Democrats in the US and ultimately owned by BlackRock, Vanguard and JPMorgan.
Paypoint surging on good results and announcement of 3 years of buybacks
BT - good rise on news of a new stakeholder getting in on the cheap
MS continuing to snap up some bargain Lloyds shares from those willing to give up double digit total yearly returns
Sub 50p back- in 24p again yum yum
The £9b tax rise is just the tip of the iceberg. Wealth tax, CGT tax, VAT tax, dividend tax, non-dom tax, council tax, income tax, it's going up and up and up.
Tories accelerated the UK tax burden from 30% toward 40%. Labour will accelerate it further from 40% toward 50%.
What's yours is theirs.