Member Info for Darth.Trader

""No they don't - thee is NO obligation to pay savers x% - market forces will determine that""

is LTI a bot? comes as across like AI...

DYOR

Yes , no "bail out", forgive the pun..

DYOR

""UK taxpayers could be on the hook for £14Bn of debt""

Water companies have taken on large amounts of debt, collectively about £60bn, since they were privatised in 1989, with Thames Water's debt totalling £14bn.

DYOR

dyor

Https://www.bbc.co.uk/news/business-66039170

DYOR

"" Lloyds could go on acquisition trail""

I Doubt that, Mother has other plans...

DYOR

Https://www.ippr.org/news-and-media/press-releases/new-tax-on-share-buybacks-could-raise-billions-for-uk-say-ippr-and-common-wealth

DYOR

I get taxed on my profits......and most probably on everything I purchase with what is left...

DYOR

""Under 60bn by this time next year?"

or maybe capital will be used for some HMG housing initiative ...

DYOR

TFE, "Everyone's on a roll here with two positive days in a row, they're speechless and stunned."

Don't see it lasting but let them enjoy it...🤣

DYOR..

Do you recommend one?

D...

Hardup, small savers account...

https://www.proactiveinvestors.co.uk/companies/news/1018933/hsbc-offers-7-direct-saver-after-uk-base-rate-hike-1018933.html

DYOR

HSBC offers 7% direct saver after UK base rate hike

So LTI,

IF the Tory party introduced a Windfall Tax or stated they would if they win the GE would you still vote for them?

DYOR

Great SUF,

Good luck fella...

D...

SUF, "" The share price is low because its summer time"...

lmao....stop it, please my sides are aching, lol, lol..

DYOR

Stagecoach,

No way is the markets priced in a Windfall Tax on the banking sector... IF it does become policy then the SP will drop like whale sh@t...

DYOR

Lti, yes i fully aware however it is this administration that is task will fighting inflation and a public sector pay rise. They will need every penny...

DYOR

Seany ""Perhaps not this government LTI""

be careful seany, IF it did happen then make no mistake this Gov would be the ones to do it..

DYOR

LTI ""Dt

Lloyds got an investment made on behalf of taxpayers on which a profit was made.""

Yes , that is the polite way of saying they got bailed out, after the shotgun wedding.

Lloy is HMG beatch...

DYOR

Lti, still, banks got bailed out...simple, and until the GFC the banks answered to themselves only..

WINDFALL TAX is probably noise but noise the sector could do without...

DYOR