Member Info for hardup

Brexit benefits.........watching from the outside as the EU slowly disintegrates.

seany
Don't see any way LBG, Barclays or Natwest could shift from London and listing in the US, so can't see that as being leverage on the Treasury not to impose a windfall tax on banks. I just don't trust Sunak or Hunt!

"BTW, I made a mistake"
Which means you have been rumbled for telling porkie pies again.

Usual garbage from the boards resident liar.

After 7 trading days, buyback complete to date:
Total shares to date...................................................117,447,997
Aggregate cost to date... ......................................... £60,997,194.75
Average price paid to date.........................................51.935p
Percentage of £2 billion buyback completed...........3.05%

And for SUFC
Final Dividend payment saved to date..................... £1,879,167.95

Gary59
"You've got to hand it to Cameron & liar Johnson they've really fu**ed the UK"
Why blame them? It was a majority of the UK electorate that voted for the UK to leave the EU.

lucky
I think Lloyds is one of the most heavily traded shares by day traders. Not for me though.

After 6 trading days, buyback complete to date:
Total shares to date...................................................104,407,004
Aggregate cost to date... ......................................... £54,283,691.55
Average price paid to date.........................................51.992p
Percentage of £2 billion buyback completed...........2.71%

And for SUFC
Final Dividend payment saved to date..................... £1,670,512.06

How much would 50k invested in Lloyds 5 years ago have returned not including dividends..........just saying.

After 5 trading days, buyback complete to date:
Total shares to date...................................................87,408,004
Aggregate cost to date... ......................................... £45,564,904.45
Average price paid to date.........................................52.129p
Percentage of £2 billion buyback completed...........2.28%

And for SUFC
Final Dividend payment saved to date..................... £1,398,528.06

I guess todays SP drop is attributable to this.

The Bank of England governor, Andrew Bailey, has signalled interest rates may have peaked after 10 successive increases in the official cost of borrowing since December 2021.

Speaking in London, Bailey said Threadneedle Street would assess the impact of tighter policy on the economy before sanctioning any fresh moves.

However, the governor also warned that the Bank was alert to the risk of repeating the mistakes of the 1970s and would not hesitate to raise rates further from their current 4% should inflationary pressures become embedded.

Bailey voted for a quarter-point increase in interest rates at the last meeting of the Bank’s nine-strong monetary policy committee in February but made clear on Wednesday that he was now adopting a wait-and-see approach.

“At this stage, I would caution against suggesting either that we are done with increasing Bank rate, or that we will inevitably need to do more,” he said. “Some further increase in Bank rate may turn out to be appropriate but nothing is decided. The incoming data will add to the overall picture of the economy and the outlook for inflation, and that will inform our policy decisions.”

Financial markets have been pencilling in further increases in interest rates later this year, but analysts said Bailey’s speech pushed back against this idea.

https://www.theguardian.com/business/2023/mar/01/bank-of-england-interest-rates-andrew-bailey#

https://www.ft.com/content/8b2d9a06-14ca-4dc6-9627-83310cfd7720

Lloyds is like an Italian WW2 tank............1 forward gear and 4 reverse gears.
:-))

The way I see it the DUP will not accept this. But, if they do, then the Nationalists will probably then reject it.

I have decided to sell my holding today. Am up 7.5% since investing on 19th January so decided to take the profit on that now before it goes ex dividend tomorrow. I will now wait and see what the news is in the Final Results on 28th March to get a better idea of prospects going forward.

LONDON, March 1 (Reuters) - An influential group of British lawmakers have questioned whether banks are making excessive profits without passing the benefit of Bank of England interest rate rises to savers, in a series of letters to bank bosses sent on Wednesday.

The Treasury Committee noted profit margins at the biggest British banks - Lloyds Banking Group (LLOY.L), NatWest (NWG.L), HSBC (HSBA.L) and Barclays (BARC.L) - increased in 2022 earnings published last month, while some also bumped up boardroom pay.

"While consumers are always advised to shop around for the best deals, it is difficult to avoid the conclusion that our biggest banks are taking advantage of their most loyal customers to increase profits and CEO pay," said Harriett Baldwin, chair of the committee.

https://www.reuters.com/world/uk/british-lawmakers-ramp-up-pressure-banks-over-savings-rates-exec-pay-2023-03-01/

After 4 trading days, buyback complete to date:
Total shares to date...................................................72,550,004
Aggregate cost to date... ......................................... £37,801,599.45
Average price paid to date.........................................52.104p
Percentage of £2 billion buyback completed...........1.89%

And for SUFC
Final Dividend payment saved to date..................... £1,160,800.06

mach
"It's not a "Scottish shambles", it's an SNP shambles. Just like what you've had the last 12 years is a Tory shambles and not an "English shambles"
Neil Oliver agrees it's an SNP shambles!.
https://www.youtube.com/watch?v=bN9JBmDEogE

My last should read £1.5B set aside for impairments, NOT£500M

£500million set aside for impairments.