Member Info for GaryJ

And pending appeal Martin Lewis and the like should not be permitted to use the media as a clarion call to action bombarding FCA with claims.

My understanding is that it excludes lease finance . UK figures show that 25-30 % of new cars are leased as opposed to outright finance . Of course this is a more recent trend and FCA have said they are going back 14 years. The other element of this I have not seen any stats for is the % of comm per sale.

I agree with most of what you say. Plenty of short term cash generation to cover further provisions . For me the the key is how the FCA handle any claims . If as before where they allowed multiple what was clearly fraudulent claims to be paid out via the ambulance chasers then the provs could escalate. I personally know a good few folk who successfully claimed more than once for the same PPI and some shareholders who whinged about Lloyds share price having fell for the ambulance chasers services to claim for PPI they knew full well they had asked for and in once instance utilized .

For me they would have done better in terms of attracting more pension fund investment yield chasers in doing 1.5 bn buy back and a .7 p special div .

Was there any comment re Barclay Telegraph cash write back ? £1.2bn? ? On the road so have not read in detail

Agreed....

Yes I know of several like that ...

Plus there is the potential of the Barc Bros Telegraph £1.2 write back / windfall to compensate.

"Investors in Britain's biggest high street bank are in line for a big windfall from a deal that will see £1.16bn owed to it by the Barclay family repaid in full, Sky News learns."

Not followed this story or any Lloyds comments on said same. Have they indicated how they will treat this influx of cash?

If there is headroom in Feb they need to re balance the spend ratio on buy backs and up the cash div to start a return to make it a div darling once again.

yes Final div likely to be circa 20p but not comparable to last years' 14.7 as there has been a number of share re org and less shares in circ so even they make same absolute amount of net cash for div distribution the pence per share will go up. Therefore if forecasts of better profits are correct then the 14.7 p of last year could well be 20 p.

Blanc has not done a great deal at all. Most of the sales of overseas entities were agreed or well advanced before she arrived. Same with return to core activity strategy. Also the return of cash to shareholders decision albeit the method of achieving this was decided during her tenure .

Bla

You should complain with a threat to report them top FCA . They will respond saying that their T&C's is 5 days but this NOT market practice and NOT norm. It is there as a catch all for EXCEPTIONAL circumstance and not every single dividend payment. Div cash should be available to investors before opening on pay date . HL and others are prompt . Normally HL post very early after opening or within an hour but Barclays are appalling. See my earlier posts re Rec date and pay date . No excuse in this tech age .

Exactly the same with me . I am an ex Sen Mkt pro of many years and was extremely lenient and sympathetic to a point but they simply could not do basics right or anywhere near a timely fashion. The Glasgow entity was very good years ago and many the of people there are still very good, but it seems that Barclays have decentralized / outsourced many of the operational aspects hence the decline in efficiency. I was reluctant to leave as I had numerous family accounts with them but had to move as it was costing me dearly in cash and patience.

HL now posted Lloyds Divs Av Divs and B share cash.. v v good. Re invested all

To manaully cap on HL platform

Select the account and then CAsh tab.. Then select line cash income and loyalty bonus , then next screen far right lower half , Loyalty Bonus and settings , then tfr to Cap account now. Cash will then be available to you

You can manually capitalise the divs ie immediately tfr to Capital account and from their withdraw re invest . They are , as I type starting to post the Lloyds divs so not too bad timing

hasty typing and not checking ... LOL berth ...

I would hope that HL get it right as dear Miss Blanc has now got herself a NED birth at HL. Embarrassing if they were to screw up Av