Member Info for hardup

397 million Lloyds shares traded today........any advance on Fridays 9 shares for the buyback today? Surely the current SP should permit the algo buying a large volume today?

News release
The Bank is monitoring developments in financial markets very closely in light of the significant repricing of financial assets.

In recent weeks, the Government has made a number of important announcements. The Government’s Energy Price Guarantee will reduce the near-term peak in inflation. Last Friday the Government announced its Growth Plan, on which the Chancellor has provided further detail in his statement today. I welcome the Government’s commitment to sustainable economic growth, and to the role of the Office for Budget Responsibility in its assessment of prospects for the economy and public finances.

The role of monetary policy is to ensure that demand does not get ahead of supply in a way that leads to more inflation over the medium term. As the MPC has made clear, it will make a full assessment at its next scheduled meeting of the impact on demand and inflation from the Government’s announcements, and the fall in sterling, and act accordingly. The MPC will not hesitate to change interest rates as necessary to return inflation to the 2% target sustainably in the medium term, in line with its remit.

Nothing new there then.....talk the talk but not walk the walk!

FFS! No one gives a feck!

Livestock
Lloyds SP fall started before Fridays mini budget, it started on Wednesday when it was reported that plans being mooted to to reduce the interest paid on deposits held by high street lenders at the Bank of England which would in effect be a "windfall tax" on the Banks. I think it is that that has spooked investors for Bank shares.

"the extra earnings for Lloyds will rocket the share price financial is the place to be invested"
Oh really. The Markets are not sharing that sentiment.

calisto
"Too many living off free stuff and more arriving every day to do the same at the expense of the top 3% of earners."
It is it the expense of EVERY tax payer in the UK, not just the top 3% of earners.

After 144 trading days, buyback complete to date:
Total shares to date.................................................3,771,694,989
Total Cost to date... ............................................... £1,679,866,992.50
Average price paid to date.......................................44.539p
Percentage of £2 billion buyback completed.........83.99%

Less shares bought back today than yesterday, only 9.

DT
"thinking women and children first"
You're well behind the times with equality for women now! lol

https://www.onenewspage.com/video/20220908/14885704/If-the-Titanic-sunk-in-2022%21-This-is.htm

"Well, On Monday the sp could go either way, up or down.
Please DYOR"
No sh - it Sherlock! Covered all bases with that prediction! lol

Can see this closing sub 46p the way it is going!

Since the high of 49.77p 2 days ago the SP has fallen -7%.

Seems the Markets not warming to the Mini Budget!

67Sam
Another good quote from Hunter S Thomson which could sum up some others here
"I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they’ve always worked for me"

After 143 trading days, buyback complete to date:
Total shares to date.................................................3,771,694,980
Total Cost to date... ............................................... £1,679,866,988.30
Average price paid to date.......................................44.539p
Percentage of £2 billion buyback completed.........83.99%

Plato
George Best
"However, I have never felt I have lived a lifetime in 10 years. And I'm not sure it worked out very well for him, sadly."
I would say George Best enjoyed every minute of it and a quote comes to mind from the American Author Hunter S Thomson which epitomises how George lived his life....
"Life should not be a journey to the grave with the intention of arriving safely in a pretty and well-preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming “Wow! What a Ride!"

lti
"hu
''And some wanted less!''
No - someONE wanted less"
Which just confirms what a pedantic t - wat you are! PMSL!

lti
As you always do, you cherry pick some parts of statements which give a misrepresentation of the facts to support your perspective. You said "split decision - some members wanted more" with no mention that some wanted less. All I did was correct your deliberate misrepresentation of the facts! And not for the first time! And you do not like this so as you always do in these circumstances go off on a tangent with the most pedantic issue throwing a smoke screen to deflect attention from your misrepresentation of the facts.

lti
"hu
typical response from you when it is pointed out you are wrong"
Typical response from you when it is pointed out that you are not right.

lti
Feck off you numpty....lay off the turps.

lti
"incorrect - 1 person - the newbie member"
No, correct.......some.....1 person........wanted less.