Member Info for Darth.Trader

Triflepig let TLF spread FOMO....it' the only way they'll learn.

DYOR

nothing had changed, sell into the rise.

DYOR

..Tiers @bed time.
Just saying...
DYOR

US Initial Jobless Claims Jan 30: 779K (est 830K; prevR 812K; prev 847K)
US Continuing Claims Jan 23: 4592K (est 4700K; prevR 4785K; prev 4771K)

DYOR

A strong jobs report Friday could doom Biden's $1.9 trillion stimulus. The President would face even more pushback over the big spending plan.
https://www.bloomberg.com/news/articles/2021-02-04/a-strong-jobs-report-friday-could-doom-biden-s-1-9-trillion-stimulus?cmpid=socialflow-twitter-business&utm_medium=social&utm_content=business&utm_campaign=socialflow-organic&utm_source=twitter
DYOR

https://twitter.com/ChrisB_IG/status/1357299709602390019
DYOR

i shall repeat what LTI stated, LTI "LTI " more of the same then - just opinions and speculations."

Which is normal, whereas your interpretation of this is one of complete nonsense.. as the market is also littered with "lies and twisted information", many AIM CEO's have made a great living time an time again out of Rinse ' n Repeat, Jam tomorrow followed up with eye watering placings, staff bonuses etc..

like i have stated before the only thing LLoy have not paid are the Ord's...everyone and everything else got paid....
DYOR

LTI " more of the same then - just opinions and speculations."

Yes, this is normal, its the markets.
DYOR

The Bank of England will cut its basic interest rate and raise its quantitative easing programme to support the lockdown-ravaged UK economy, according analysts at major pan-European lender and investment bank.

Société Générale says that much has changed since the Bank's economists released their last set of forecasts back in November, with a harsh lockdown being introduced in January materially shifting the economy's outlook for the worse.

As such, policy makers will act by increasing the stimulus they on offer to the struggling economy.

The move would likely come as a surprise to the market as the consensus view is that the Bank is willing to keep interest rates unchanged and look through current difficulties facing the economy, choosing to focus on a spring rebound in activity.

A cut would therefore likely wrong-foot the market and undermine the rally in the British Pound, potentially triggering a sharp reversal in value, as noted in our week-ahead forecast article.

"Since the last Monetary Policy Report MPC meeting in November last year, the fight against the coronavirus has faced many fresh challenges which have hurt the short-term economic outlook. The emergence of new variants and the alarming increase in the level of infections, hospitalisations, and deaths has put the NHS under increasing, massive strain," says Brian Hilliard, an economist with Société Générale.
DYOR

on Thursday: Soc Gen.

https://www.poundsterlinglive.com/gbp-live-today/14950-bank-of-england-to-cut-interest-rate-to-0-on-thursday-soc-gen#:~:text=Cryptocurrencies-,Bank%20of%20England%20to%20Cut%20Interest,0%25%20on%20Thursday%3A%20Soc%20Gen&text=The%20Bank%20of%20England%20will,European%20lender%20and%20investment%20bank.
DYOR

should Lloy be allowed to resume Divi payments on the Ord's what is the real expectations, minimum without including previously suspended Divi payments?

DYOR

ahead of 2020 results?

https://www.ig.com/uk/news-and-trade-ideas/are-lloyds-shares-set-to-remain-positive-ahead-of-2020-results-210201
DYOR

as lockdown restrictions continue..

Nearly half (49 per cent) of medium-sized businesses have warned they could cease trading in less than two months if coronavirus restrictions do not ease.

The national lockdown is taking a major toll on businesses, with many fearing the worst if the restrictions continue.

If the current national lockdown lasts until April, more than eight in 10 (82 per cent) medium-sized businesses have said they would be at serious risk, according to new research from BDO.
Medium-sized businesses across the UK generate £1.4trn in revenues each year, and provide one in four jobs, according to BDO’s analysis, making them a critical part of any post-pandemic recovery.

Mid-tier companies have borrowed an average of £8m per business as a direct result of the pandemic, with almost half (45 per cent) unsure they will ever be able to pay back their loans under the current funding arrangements.

Almost a third (31 per cent) said the government should extend repayment terms on Covid-19 loans.
According to Ed Dwan, partner and head of BDO in the North West, the government has had to walk “an incredibly difficult tightrope” because protecting the UK’s businesses and shielding the NHS throughout the course of the pandemic.

“It is critical that in the upcoming budget we see policies that help support mid-market businesses,” he added.
https://www.cityam.com/half-of-medium-sized-businesses-on-the-brink-as-lockdown-restrictions-continue/
DYOR

I would expect that slump in profits to increase in 2021....
DYOR

Facts lol....to quote IG ;
"Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. "

Yet LTI you had never experienced a loss Spread betting in FACT to such an extent your LTH is now comfortable also you posts positions lower than SP whenever the SP looks likely to retrace but with caveats " I hopes my order does not get filled".... yet never shorts stock. Facts lol....
DYOR

As the article states..
"A Conservative manifesto pledge prohibits him from raising income tax, VAT or national insurance, raising concerns among businesses over rising corporation tax."

DYOR

Rishi Sunak could launch a tax raid on banks to help tackle the UK’s record deficit, according to the investment bank UBS.

The warning comes amid speculation that the Chancellor will use next month's Budget to begin the task of putting the public finances on a “sustainable” footing as vast pandemic spending pushes borrowing above £400bn this financial year.

A Conservative manifesto pledge prohibits him from raising income tax, VAT or national insurance, raising concerns among businesses over rising corporation tax.

Jason Napier, a UBS analyst, said banks were vulnerable to a Treasury raid despite a levy on balance sheets introduced after the financial crisis and an 8pc corporation tax surcharge in 2016.

The levy brought in £2.5bn last year, while the tax surcharge earned £1.5bn.

Mr Napier said: “We are concerned that as the cost of Covid-19 interventions emerges, and governments come to balance budgets, that the banking sector ... could appear an attractive source of funds.”

The fears concern banks’ administration of Bounce Bank Loans that are 100pc guaranteed by taxpayers.

More than £44bn has been lent under the scheme but the risk of fraud and credit losses has been put as high as 80pc. The National Crime Agency made three arrests over fraudulent applications last week.
Mr Napier added: “If banks are considered to have been, in hindsight, deficient in applying controls to funds advanced under cover of government guarantees, we see the risk of increased taxation or levies applied.”
The Office for National Statistics showed more evidence of the impact of the pandemic on the tax take after a £2.9bn or 76pc slump in air passenger duty receipts last year as aviation ground to a halt.
Fuel duty takings remained £400m below their pre-pandemic level in December at £1.9bn as restrictions on movement were tightened.
The duty has been frozen for more than a decade but former Office for Budget Responsibility chairman Robert Chote said the Chancellor should “bite the bullet” and increase it.
The Treasury said it keeps all taxes "under review".
DYOR

Rishi Sunak could launch a tax raid on banks to help tackle the UK’s record deficit, according to the investment bank UBS.

The warning comes amid speculation that the Chancellor will use next month's Budget to begin the task of putting the public finances on a “sustainable” footing as vast pandemic spending pushes borrowing above £400bn this financial year.

A Conservative manifesto pledge prohibits him from raising income tax, VAT or national insurance, raising concerns among businesses over rising corporation tax.

Jason Napier, a UBS analyst, said banks were vulnerable to a Treasury raid despite a levy on balance sheets introduced after the financial crisis and an 8pc corporation tax surcharge in 2016.

The levy brought in £2.5bn last year, while the tax surcharge earned £1.5bn.

Mr Napier said: “We are concerned that as the cost of Covid-19 interventions emerges, and governments come to balance budgets, that the banking sector ... could appear an attractive source of funds.”

The fears concern banks’ administration of Bounce Bank Loans that are 100pc guaranteed by taxpayers.

More than £44bn has been lent under the scheme but the risk of fraud and credit losses has been put as high as 80pc. The National Crime Agency made three arrests over fraudulent applications last week.
Mr Napier added: “If banks are considered to have been, in hindsight, deficient in applying controls to funds advanced under cover of government guarantees, we see the risk of increased taxation or levies applied.”
The Office for National Statistics showed more evidence of the impact of the pandemic on the tax take after a £2.9bn or 76pc slump in air passenger duty receipts last year as aviation ground to a halt.
Fuel duty takings remained £400m below their pre-pandemic level in December at £1.9bn as restrictions on movement were tightened.
The duty has been frozen for more than a decade but former Office for Budget Responsibility chairman Robert Chote said the Chancellor should “bite the bullet” and increase it.
The Treasury said it keeps all taxes "under review".
DYOR

UBS analysts says the Chancellor could squeeze financial sector to help tackle £400bn deficit...

DYOR

""I thought they were suspended for decency reasons re shareholders."

Everyone including the Pref's got paid apart from the Ord's.....
DYOR