RE: Analysts by Lloyds Bank on Sterling's fall.5 Nov 2025 11:38
There is not a great deal the chancellor (a loose term) does that does not affect working people and therefore their banks.. I heard a discussion on the radio regarding Dropping the freeze on petrol prices. The commentator said ( a former advisor to the Labour government) this does not affect the "poorest workers on minimum wage" because they cannot afford cars anyway..! Woolly thinking ,like removing the WWP.
When I was 65 my bank removed my overdraft facility...! (Barcs) I changed to barcs from Coutts in the early 70's. I don''t need credit and I have no mortgages but the bank wrote me off as an earner ..Personal loans are not available automatically. A lot changed.
Ironically , Barclaycard upped my limit to £15K .... Like I'm gong to use credit @ 19% !!! . Insulting really.
I cannot see this growth that is the current government's mantra. Not last year and not now. Without it I cannot see Lloy growing much ,if at all.
This buyback must be drawing to a close. Let's see what happens.. I'm trying to see opportunities for Lloy that do not involve stupid mistakes that have to be paid for down the line. Property?Many Landlords are selling up in response to recent legislation.