Member Info for Gate13Boy

“ Jeremy Corbyn has criticised the UK and the West for supplying Ukraine with weapons, saying “pouring arms in” will only “prolong and exaggerate” the war.

The former Labour leader said sending weapons to Kyiv as it tries to defend itself against the Russian invasion will not bring about an end to the conflict.

Mr Corbyn said it was “disappointing” that “hardly any of the world’s leaders use the word peace” when discussing the conflict, claiming too many “use the language of more war and more bellicose war”.

The independent MP for Islington North also said “much more effort” must be put into securing a peace deal and that if the UN cannot negotiate a ceasefire it should make way for an organisation that can.

The comments, made in an interview with Al Mayadeen, an independent Arab satellite news channel, are likely to prompt a ferocious backlash from both Tory and Labour MPs.”

Good old Jeremy. He’d have negotiated the whole of Ukraine to Putin. To think some of the socialists on here voted for him and his appeasement policies.

You're giving us a good "chuckle" here Gazzleberry

Mach,

"We don't vote Tory."

Aren't they the 2nd biggest party in the Scottish Parliament ? Someone obviously does.....

Brixton,

Yes you do.

MV should still be able to check his holders number however if he goes to this link......

https://www.nsandi.com/prize-checker

LTI,

Have you tried downloading the NSI prize checker app and buying more bonds through that ?

MV,

Does it not accept your holders number on the prize checker website ?

Mach,

It's a bit rich accusing me of not debating honestly ! You accused all Brexit voters of being rac*st and xenophobic and when the thread got deleted, you later denied saying it. You also stated your position on immigration into this country and said it should be unchecked and limitless. That thread got deleted and you then you denied having written it despite others having seen your post. You think that's honest debating do you ????

I made humour about your post when you described me of having "ignoremce" when it should have been "ignorance. " if you're going to insult me with a word, at least spell it right because it makes you look like the ignorant one.

There are plenty of studies out there about the benefits of income tax cuts to the poor. Do your own research on it. Just because you choose to take your information from left wing sources doesn't make you right.

How do you feel by the way that your beloved SNP is cap in hand again for more money from England ? And also the accusations from Westminster that the SNP has been wasting taxpayers money on promoting their warped independence agenda ?

An increase in the first-half dividend, upgraded profit guidance for the year and very modest loan losses and litigation costs all put a nice sheen on the interim results from Lloyds Banking Group and bolster the investment case for the bank we set out in May, especially as the valuation appears to be pricing in a much gloomier outlook.

The shares trade at a 17pc discount to the 54.2p the bank’s tangible book value per share, offer a 5pc yield and come on a single-digit earnings multiple. The economic outlook may be difficult but it can be argued that the stock is pricing in a lot of the potential bad news already.

Lloyds’ shares have fallen by about 20pc from this year’s peak in January and trade no higher now than they did in late 2012, even though the bank has paid out £11.8bn in dividends and returned another £2.1bn in cash to shareholders via buybacks over the past decade.

That equates to 45pc of the bank’s current market value and there are further cash returns to come: Lloyds is increasing its first-half dividend by more than expected, to 0.8p a share from 0.67p a year ago.

Despite concerns over the fragile state of the British economy, the risk of a housing market slowdown and increased bad loan losses, the first-half pre-tax profits of £3.7bn beat forecasts.

The interim numbers also underpinned full-year 2022 pre-tax profit forecasts of £6.6bn, especially as the chief executive, Charlie Nunn, raised guidance for two key swing factors for the bank’s earnings.

First, he now expects a net interest margin of more than 2.8 percentage points, compared with a previous forecast of 2.7 percentage points and last year’s outcome of 2.54 percentage points. Second, the asset quality ratio is expected to come in below the earlier expectation of 0.2pc. That means fewer loan losses than expected.

Put those alongside an unchanged forecast for operating costs of £8.8bn and Lloyds is now looking for a return on tangible equity of around 13pc against 13.8pc last year, when Nunn had initially steered the market to expect something like 11pc for 2022.

Any profit forecast upgrades will bolster confidence in Lloyds’ ability to keep returning any surplus capital to shareholders via dividends and buybacks. The forecast dividend yield represents a premium to the FTSE 100 and the earnings multiple comes at a discount. This factors in a lot of potential pain already and it might not take a lot to get investors to take a more positive view of the shares in view of the lowly expectations. Lloyds still looks very cheap. Keep buying.

Questor says: buy
Ticker: LLOY
Share price at close: 45.06p

Nice work LTI....

3 x £25 for me this month

"We don't vote Tory, but have been governed by them for decades. We voted overwhelmingly to remain in the EU, but have been removed from that family against the will of our people."

It's called democracy. Time you respected it. And the EU vote was one person, one vote in the UK, not one person one vote in constituent UL countries. You get told this over and over again but can't get your head round it. Your side lost, get over it.

Oh dear Mach,

Lost your sense of humour completely ? You're sounding a bit rattled ! Had a bad day ? What do you make of the SNPs latest begging bowl request ? Your communist leanings probably preclude you from feeling any sense of shame.

You've had your once in a generation referendum and you lost. Move on Gazzleberry.

Truss is right. We should ignore the odious Sturgeon. She's not worth the air time.

Not really. Thousands of Spanish workers go to Gibraltar every day for work. It would be beneficial to both Gibraltar and Spain. No change in sovereignty. Surprised at you reading The Telegraph Gazzleberry. I would have you down as more of a Morning Star reader.......

What a surprise.....not

I've had a speculative punt on RR at 79p recently Brixton. If we build all these nuclear power stations they may well get the contract to build the turbines. Who knows. I haven't gone overboard with them. Good company still with a new CEO.

Mach

"Just do some research instead of living in "ignorence."

Oh the irony Mach. Did you pass your "O" level in English ?

Is that what you're reduced to now mick-b ? Lol lol

And raising personal allowance thresholds and cutting income tax rates equate to the same thing - REDUCING INCOME TAX.

I'm not trying to change any argument Mach. You used the generic term "tax cuts" if you can be bothered to read what you yourself wrote. Read you post of 13.17. You really are very thick at times.