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"How do we come to a conclusion that landlords killed the economy?"
We don't. It's just one prejudiced poster that likes to project blame on to banks and landlords and people not born in the UK. Listening and thinking may come to him eventually, but not so far.
"Rather drastic way to get rid of unwanted Uk landlords"
Well, at least they had enough compassion to give the occupants 30mins to leave unharmed, before setting the houses alight.
How are the Navy the solution? What do you expect them to do? Even if you dont mean to "sink the boats", trying to tow the average inflatable dinghy back to France would soon leave the occupants in the sea. What would you suggest doing then? If I take your comments on this board at face value, I would expect that you would say "I'd watch them drown".
In reality, I dont think you would ever do such a thing.
"response to an idiotic init remark :-)"
Thanks, thats a relief, I was concerned for a minute there. I suppose you could also say Ireland renationalised some of their housing stock from 1919-1923 without compensation (or at least the great Country houses where the English lived). Unfortunately they had to burn them down first to get the English out, but it was still a very effective way of restoring rightful ownership.
"Simple, nationalise without compensation :-)"
I think they got away with that in Libya at one time, but can you see people sitting by without protest at that kind of state theft of property and wealth?
"I’d sort these landlord feckers out immediately"
On the edge of my seat to hear how you are going to do this Carllt.
So far you constantly blame Banks and Landlords and denigrate people not born in the UK. Is there anything more sophisticated than that in your plan to "sort things immediately"? How will you ensure more housing to better standards is made available, where people need it and at a price they can afford? How will you do this?
Or is this just more of the same rubbish from you?
"terrific value - NOT"
Well, this is thread about the buyback, and my view is that we will have had excellent value from it by reducing 4.3B plus shares from £2B.
Would you be happier if next time we buy back fewer shares at higher prices?
"4.3 Billion target 99.99% certain"
Yes, it's very likely. Great to see the av. price paid moving down again, now 46.254p. There must have been others buying today as well, but I cant imagine any significant rises occurring that would mean less than 4.3B completed. Hopefully we may get even more.
"I suspect that provisions would have been overstated at this stage based on their picture of how things stand."
Im sure that is what happened previously, causing a sizeable write back when those losses didn't materialise. Why is that idiotic?
Jcb
"Now we know why buybacks stopped UBS knew this would fall"
I dont think they had absolute certainty, no, but it seems a prudent decision given the now traditional drop on results day. Of course most investors paying attention to previous results days could also have anticipated the likelihood of the same thing happening again, were they not satisfied to stay in for the long run.
It's a pity in some ways that all Lloyds are willing to risk is a partnership with developers to accelerate new builds for successful middle classes; they show no interest in building social housing. This has gradually been replaced with small numbers of "affordable housing" units, well beyond the limit payable by Housing Benefit. Perhaps I should be glad as a shareholder but as they tout themselves as "helping Britain prosper" I have to wonder if thats any more than a headline. Temporary accommodation saves death from exposure, but is not a home; long term reliance will lead to poor physical and mental health.
I think it took four days to move a cash isa from lloyds to skipton earlier this year. i put it down to the due diligence required when opening a new account, maybe its quicker if you transferring in to an existing one? By comparison, Shawbrook take longer, 15 days for a cash isa, and 30 days for stocks and shares.
Mick b
fair shout, 54.33p - barely affects the percentage compared to today though, call it 16% if you like.
gu
"The man has a point"
The man thinks todays price is 30% lower than any time in the last year. I think the man struggles with percentages.