Member Info for Gate13Boy

It depends on which taxes are cut Mach and how they are cut. I'm sure I could dig out lots of studies concluding tax cuts do benefit the lower paid in society. You obviously prefer tax rises do you so your socialist/communist agenda is placated ? You really shouldn't be invested in shares.

Yes Gazzleberry,

Careful who you reply to. You might slip up again. From me to you.....

Petanqueplayer,

I take your point in terms of the amount of tax actually paid by someone on £20k vs someone on £50k. I wouldn't actually class someone earning £50k a year as rich. I guess it's all a bit subjective. Agreed, I would raise the lower end tax threshold instead of granting an income tax cut. I'm on the Truss side of the tax argument not Sunak's. I would like to see corporation tax cut in addition to raising tax thresholds (the freezing till 2026 was done by Sunak of course).

A 16% tax rate upto the higher rate threshold will result in the same tax cut for someone earning £50,000 as it will be for someone earning £2m a year.

That may be so but how does it disproportionately favour the rich ? It doesn't is the simple answer.

Can you explain to me how an income tax cut of 4% disproportionately favours the rich please Mach ?

Can you explain to me how an income tax cut of 4% disproportionately favours the rich please Mach ?

The 16% income tax lower rate will apply to EVERYONE.

Not that I want Sunak to be PM, but stop misrepresenting what’s been said. We all know you’ve both got issues with the Tories - Mick the socialist and Mach the SNP Communist.

I'll not be complaining Bumble on Tuesday as I have a good number of BP shares.....lol

"I support every single person in this country receiving a pay-rise in line with inflation."

Totally unrealistic.

I've taken one for the team Mach then with my 5% rise. I'm not going to moan about it. I understand that the country's finances are stretched courtesy of the pandemic and the generous furlough scheme.

Only 1 in 4 GPs work full time now. Nice work if you can get it. You support their right to an inflation based pay rise Mach do you in the current economic environment ?

Yes let's see him condemn that one LTI. It'll hurt him having to criticise an EU state.

I wonder who the Chuckle Brothers will be cheering on…….

I have a feeling I know.

If the price keeps retrenching to 41/42p which it continues to do, wouldn't it be better for MS to buy the stock at those levels where they can buy more shares to be cancelled ? Besides, the buyback programme is not due to finish for several months yet.

Dan, these are a screaming buy if you think we won't enter a recession as margins will increase with rising base rates. If you think we will enter recession, bad debt provisions will impact it n profits. A lot of us have been in this stock a long time and just when you think you are seeing light at the end of the tunnel, something else comes along to derail things.

You have to make your own judgement on how you see things going at a macro-economic level as Lloyds is a good barometer for the UK economy. I've been tempted of late to buy more but I have enough skin in the game in Lloyds and I'm letting my head rule my heart for once. Good luck with your decision.

Looking a bit fanciful, 47p today Shrimper.

Slowly slowly catch a monkey......

Looks like the Market Makers like the results this morning.

MS seem to be busier defending the 41/42p level and back off when it rises above that level.

Asperger nailed it then and Seany

We'll take that !