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Asp
As figures of speech go, theres a whole lot of wealth between "My 2nd car is still off the road" and "had to live on bread n water for several years".
You had a temporary reduction in income that wasn't anticipated. The BoD decide what to do with profits.
I hope the second car is something nice.
"households will continue to see real incomes fall"
Yes i agree with you there. I suspect the MPC may go for another 0.25 rise. Tenreyro was an advocate of cutting rates but she is leaving soon; Huw Pill is much the opposite. The IMF report did make me wonder if the duration of high inflation is being overestimated in the UK.
IMF seem to think so
https://www.imf.org/en/Blogs/Articles/2023/04/10/interest-rates-likely-to-return-towards-pre-pandemic-levels-when-inflation-is-tamed
"question my right to post the FACTS"
I doubt your motivation for being here, yes.
I can only assume it's because no-one listens to you anywhere else.
Seems a measure of how seriously you are committed to your argument - the best you have is bothering lloyds shareholders on a bank holiday.
Go and shout about it in the street, see how you get on.
"A well published plan does not mean it is a good one" it's up to the shareholder to decide if they are confident, they have the advantage of being able to sell. This is unlike Putins plan.
I hold because I am happy with the outlook and don't think I am better placed then the BoD to lead Lloyds business strategy. Its not perfect, but at less than 50p per share its quite cheap.
I would sell if I was unhappy.
"the money should be used to genuinely improve the business, reduce debt and/ or returned to shareholders"
pays a divi and has money for acquisitions and diversification as well.
there has been endless negativity about it from people who want all the cash now but its been a well publicised plan since the new CEO arrived.
I would be less confident without buybacks because the number of shares in circulation will grow year upon year from new issuances for staff rewards.
"might get a postgraduate loan (to be repaid) for £12,167 if your course starts in 2023, but this has to cover both the course fees and living costs."
grayling, completely agree. Fees vary but you get what you pay for - the reputation of the University.
Im almost amazed how we keep producing graduates, except it's possibly explained by students being either from affluent UK families or affluent overseas families. Education is a meritocracy. Except thats only true between the people who can afford to get there, or who work in sectors where bursaries are still available.