Member Info for Dorfan

Trouble

“ Or are you just a lost embittered soul full of hate looking for a home (maybe a bit like Dorfan).”

Dragging me into one of your posts I see. At least to hate/dislike the Labour Party is not a hate crime as has been said many times and is legal.

But then we have you, a child beater that hits children with a stick (or whatever) and inflicts pain and trauma which is long lasting. Basically it is GBH against a minor.

I wonder if such a crime is possibly still punishable If investigated? It carries a sentence of 5 years to life imprisonment.

But don’t worry *I* won’t shop you. One has to feel sorry for such a piece of low life that derives pleasure from hitting children.

G13

Wow! STP is using a word that is insulting, you couldn’t make it up.

Used to express strong negative feelings.

1. To ss er

It is considered offensive and vulgar.

Meaning: It is used to describe someone as an idiot, a jerk, or an unpleasant person.

Origin: The term is a derivative of "to ss off," a vulgar slang term for mast ur bation, making it a synonym for "wa nk er".

Intensity: not suitable for formal settings.

STP

“ supports a UK political party that support the invation of Venezuela”.

Here is evidence of the UK (Labour) aligning with U.S. policy on Venezuela by providing assistance to stop the oil tanker

John Healey was quoted as saying:

‘The UK will continue to step up our action against shadow fleet activity to protect our national security, our economy, and global stability – making Britain secure at home and strong abroad.’

One for ASI to enlighten us all here, how is this one Venezuelan oil tanker a direct threat to the UK on all the issues above. Am I missing something fundamentally here? If this tanker reached its destination will the UK economy collapse within a day or two? How will our global stability also be compromised the day it reaches its destination.

Sounds like DT snapped his fingers and the poodle stood to attention and says ‘Yes’, now what was the question.

I agree, and another search gives a slightly different answer but has most of the core data.

So, back to buybacks and an uncertain divi increase over the next two years.

I will have to break it to management that she can’t have two Caribbean cruises this year and her normal European holidays/city breaks. She will be gutted.

G13, hope this helps. It’s a multi year plan. This means increased share price driven in part with buybacks. Dividends are now steady rather than progressive. This is only a subjective overview.

What the £17 bn figure refers to

Analysts (e.g., Jefferies) have forecast Lloyds will return around £17 billion to shareholders over the next few years starting around the coming financial year. This isn’t one single payment but a cumulative total of dividends and buybacks over time.

ADVFN UK

1. Regular Dividends

Lloyds historically distributes capital through ordinary dividends paid to shareholders:

For 2024, the group proposed a total ordinary dividend of 3.17 p per share (interim + final) equivalent to about £1.9 billion.

Lloyds Banking Group

Dividends are expected to grow modestly in 2025 and 2026, with markets expecting around 3.2–3.5 p per share by 2026/27.

The Motley Fool UK

Lloyds’ board has signalled that progressive dividends will continue where capital permits.

Lloyds Banking Group

Dividends form a steady portion of the return — likely several billion pounds of that £17 bn over a few years.

2. Share Buybacks (Capital Return)

A key part of the distribution plan is returning excess capital via share repurchases:

Lloyds has an ongoing share buyback programme of up to £1.7 billion, which began in 2025 and is intended to reduce shares in issue.

Investigate

Actual transactions show share repurchases already totalling around £1.65 bn under this programme, with shares cancelled.

Investigate

Buybacks increase shareholder value per share and are likely to continue (analysts expect additional programmes beyond the current one to contribute to total returns).

Although the current authorised buyback is ~£1.7 bn, analysts expect future buybacks rhythmically combined with dividends to drive the bulk of the forecast £17 bn overall.

3. Timeline & Phasing

The £17 bn figure doesn’t refer solely to the next financial year but rather represents the total anticipated capital return over a multiyear window (e.g., 2025–2027).

ADVFN UK

This includes dividends paid annually and buybacks executed as capital management permits — possibly with increases if capital generation remains strong.

Summary — How Shareholders Will Get Value

Return Type How It’s Delivered Estimated Role in £17bn

Ordinary Dividends Cash paid out per share (interim + final) Steady portion yearly

Share Buybacks Company repurchases and cancels shares Major component of return

Potential Future Buybacks Analysts expect additional buybacks beyond the current £1.7bn Fills out the balance of the £17bn forecast

Notes & Risks

The £17 bn projection comes from analysts’ estimates based on current strategies, interest rate expectations, and capital generation. It is not a formal Lloyds pledge for the next year alone but a cumulative estimate by market analysts.

ADVFN UK

Actual returns depend on future pr

ASI

“ they’re also in a far better position to do something about it”

Then we have lifestyle choices, some will spend more on organic products which we know are at a premium costs, so you can tell them to reduce costs and don’t buy organic. Then those that like premium food, then branded food and so on.

So let’s just reduce choice and products and have a slim line range with fixed costs and then we meet your criteria. No more exotic expensive food from abroad, I think you will find people will revolt if you start telling what they can and can’t buy.

Let’s be honest, that isn’t going to happen.

ASI

“ If more people focused on their actual lived costs rather than headline numbers, the country as a whole might not feel quite so depressed”

Perhaps most people may find the personal figures would be higher than national figures, then they would be even more depressed.

How would an individual work out these figures for themselves. Can you provide these figures for your circumstances? People in general are not interested in working down to this granular level. Average national statistics are far easier to accept.

ASI

“ Pensioners are a tax burden in the technical sense”

So is UC and PIP, two other benefits that are a drain and not set against your PA. Perhaps in fairness and transparency they should be.

ASI

“ affluent pensioners for example, those with incomes in the higher‑rate tax band or greater do not need the state pension”

To continue a discussion on another thread that got deleted about this and thresholds, you mentioned an income of £40K (including SP I assume) before potentially reducing the SP on a sliding scale.

I could be wrong but I suspect the government already has a figure in mind if they go down this route. The WFA has been given based on an income of I believe £37K, so if you are above this income you don’t get it.

It then makes planning and saving for retirement pointless if you are going to be penalised. You might as well plan to get to the limit with SP and then use any additional funds elsewhere such that they can be turned back into cash without attracting attention as and when needed.

ASI

“ Food inflation doesn’t really affect us we produce most of what we eat”

Would be interested in where you got that from ASI as it conflicts with what I have always been told and what I have found out today. I suppose it depends on what you consider ‘most’ as a percentage.

….that statement is incorrect. Food inflation significantly affects the UK, largely because the country is not self-sufficient and relies heavily on global markets for its food supply.

As of early 2026, food price inflation remains a major driver of the UK's overall cost of living.

Key Facts on UK Food Supply and Inflation

Import Dependency: The UK is not self-sufficient; it imports approximately 42% to 48% of all food consumed. This exposure makes UK shoppers highly vulnerable to global price spikes caused by geopolitical conflicts and climate-related crop failures abroad.

Rising Costs in 2026: While overall inflation has eased from its 2023 peaks, food prices are still rising. Experts predict that in 2026, climate-affected staples like coffee, cocoa, olive oil, and rice will see continued price hikes.

Production vs. Consumption: In 2024–2025, the UK produced about 60%–62% of its total food supply. However, this figure is lower for fresh produce; for example, the UK is only about 53% self-sufficient in vegetables.

Domestic Price Drivers: Even for food produced within the UK, inflation is driven by rising domestic costs. Factors such as higher energy prices, labour shortages, and new government regulations (like packaging taxes) have forced farmers and retailers to raise prices in 2026.

Household Impact: In late 2025, over 90% of UK consumers reported being concerned about food prices, which remained the top financial concern above energy or housing. For low-income households, meeting basic nutritional guidelines can require up to 40% of their disposable income.

Summary of Self-Sufficiency (2025/26 Estimates)

Category Self-Sufficiency Rate Notes

All Food ~58% – 62% Relies on imports for nearly half of consumption.

Indigenous Food ~75% Includes food that can be grown in the UK (e.g., wheat, beef).

Fresh Vegetables ~53% Lowest recorded levels since 1988.

Fruit Very Low Highly dependent on imports from the EU and rest of the world.

Harley

“ Stalin killed more Russians than Hitler”

Let’s also not forget the following on recent history.

Mao Zedong (China, 1949–1976). 40 million to 78 million.

Joseph Stalin (USSR, 1924–1953). 6 million to 20 million but potentially three times more by some people’s estimates.

King Leopold II (Belgium/Congo Free State, 1885–1908). 10 million Congolese people.

Emperor Hirohito (Japan, 1926–1989). 10 million deaths, primarily in China and South East Asia.

Pol Pot (Cambodia, 1975–1979). 1.7 million to 2 million people, nearly a quarter of Cambodia's population.

Saddam Hussein (Iraq, 1979–2003). 1 million to 2 million deaths through political purge.

STP

“ Please go for a long walk using shoes with poor grip and hopefully you'll go for a Burton!”

Our resident donkey inciting someone goes out and kills themselves, not the first time the donkey has told a forum member to go kill themselves.

What a sad individual, such hatred to his fellow man.

Paddy

“ Apart from the fact im not and do not abuse anyone.”

And then posts this today “attracts a bunch of right wing nutters”

I would call that abuse, wouldn’t you?

ASI, you do realise that Paddy will have an absolute fit with you using AI, but then as it’s you perhaps not.

Trouble - when I retired I had no intention of keeping up with ‘work’. Retirement was like starting a new job all over again and re-inventing oneself.

New skills and honing old ones, especially with the grandchildren. Spending more time with ‘management’ on holidays and new shared interests. What’s not to like.

Trouble - I will make it simple for you, most of my working career.

Trouble - I believe I did say I was retired a while ago, can’t remember under what context though.

Is it a problem being a worker or retired on this forum?

Well, I will answer that now, yes, one aspect of it being important is from a political point because we all know that Labour is protecting the so called ‘worker’, or some of them, which is fine but then for the pensioner/retirees it is a different picture, but we won’t go there again for the time being, we can slug it out during the year.

So perhaps you can now see my position on the Labour Party and why they aren’t on my Christmas card list.

Trouble - it won’t add any value to this forum and besides you don’t know how old I was when I retired.

Paddy

“ …………selling approx 60% of my holding at 83p”

Well that was a bit of a dumb and stupid thing to do, wasn’t it? What’s the share price now, let me see, 98p, that’s right.

So, tell us, how much would you have gained extra if you had the nerve and bottle to keep with it? Or a better way of asking is how much have you LOST?

Paddy

“ I was reading about this too. Could work out well, but id like to see much more education about financial matters. As a nation we place much to big a stall in cash too.”

Well that was a BS crap reply that said absolutely nothing, bit like all your posts, nothing intelligent in any of them that tells us anything useful for investing in Lloyds, what an embarrassment you are, a real sad person that needs to grow up.