Member Info for livestock

Lloyds like canceling the dividend payment then increase next year buyback just to p-ss share holders off

Chancellor Jeremy Hunt announced a tax cut on draft beer and cider in his Budget speech on Tuesday, a move he deemed would be impossible were the UK still in the European Union.

Markets though reckoned it was not enough to offset the headwinds facing the sector and marked shares of all the man pub owners down sharply.

"From August 1 the duty on draught products in pubs will be up to 11p lower than the duty in supermarkets,” he said, “a differential we will maintain as part of a new Brexit pubs guarantee”, Hunt told MPs.

This will be done through a “significant increase in the generosity of draught relief,” dampening the blow when the freeze on alcohol duty ends in August, having been implemented in December.

"British ale is warm but the duty on a pint is frozen," he quipped, though investors weren't smiling with All Bar One owner Mitchells and Butlers sliding 6%, Marston's by 3% and Wetherspoon's by 4%.

AJ Bell analyst Danni Hewson commented: “There will be a few pints pulled in celebration today after the news,” with the hospitality sector having “shouted the loudest” in the run-up to the budget.

“The disparity has long been a source of contention and at a time many pubs are fighting to keep their doors open every penny is likely to count,” she added.

https://invezz.com/news/2023/03/15/iag-share-price-finds-support-amid-emerging-aviation-woes/

Looking like there going to be a tax hike on air passages duty it's expected to rise in line with inflation more set backs for share price

Ahead of the collapse of the Silicon Valley Bank (SVB), many of the company’s top executives sold their shares worth $4.5 million in the company. The bank’s Chief Executive Officer Gregory Becker, Chief Financial Officer Daniel Beck, and Chief Marketing Officer Michelle Draper sold their shares of the bank’s parent company SVB Financial Group.

https://www.google.com/amp/s/www.cnbctv18.com/market/silicon-valley-bank-top-bosses-sold-45-million-worth-of-shares-before-the-collapse-16143781.htm/amp

https://www.lloydsbankinggroup.com/media/press-releases/2023/halifax-2023/homeowners-nearly-500-better-off-than-renters.html

https://www.lloydsbankinggroup.com/media/press-releases/2023/bank-of-scotland-2023/scottish-homeowners-over-2000-better-off-than-renters.html

Crypto exchange Binance said it will convert $1 billion worth of Binance USD (BUSD) to bitcoin (BTC), ether (ETH), BNB coin (BNB) and other tokens to support the market

https://www.telegraph.co.uk/travel/travel-truths/ba-needs-get-act-together-fast/

Lloyds UK focused bank has nothing related to US runs out of legs for recovery nothing changes here

https://www.proactiveinvestors.co.uk/companies/news/1008999/no-post-svb-flight-to-quality-just-yet-says-lloyds-chief-1008999.html

Despite Silicon Valley Bank’s shock collapse causing large-scale migrations from regional US banks to banking giants like JPMorgan and Citibank, Lloyds Banking Group PLC (LSE:LLOY)'s chief executive Charlie Nunn has yet to see the trend cross the Atlantic.

Speaking at a Morgan Stanley (NYSE:MS) event on Tuesday, Nunn explained that the collapse of the specialist lender was "relatively idiosyncratic compared to the UK," and therefore, British banks had not experienced the same level of banking turmoil and stock market rout as their American counterparts.

A “flight to quality” in deposits from spooked customers of perceptively riskier British regional banks simply hasn’t happened yet.

Meanwhile in the US, JPMorgan and its peers including Bank of America Corp (NYSE:BAC) are struggling with the flood of new clients and deposits and are taking steps to speed up the sign-up process, even as efforts from the government to keep heads cool ramp up.

Following the simultaneous collapse of SVB, Signature Bank and Silvergate Bank, US president Biden on Monday addressed the nation “All customers with deposits in these banks can rest assured, they’ll be protected and they’ll have access to their money as of today.”

“America can have confidence that the banking system is safe,” he said, touting the “immediate action” taken by his administration.

Perhaps the old British stiff upper lip isn’t just a myth after all.

carpfisher

To invest in ufo for first time last week will give you a good average most on here are well down on their investment if you look at 1 month chart or 3 years chart it's a keep dropping scenario

GL

SP will keep dropping until new of mining permit in place Silver goes up ufo goes down

Citigroup raises IAG pence price target to 195 (185) pence - 'buy'

Is it time to buy Lloyds Banking Group PLC (LSE:LLOY) after the rout in the financial sector that has seen 8% wiped from its value in the past week and 13% in the last month?

According to Goldman Sachs (NYSE:GS), the European banking sector is healthy and well-capitalised.

As such the sell-off across the industry in the UK may offer what Goldman described as “upside opportunities” in the wake of the sell-off prompted by the failure of Silicon Valley Bank.

However, it wasn’t specific on where it currently sees value. It said: “The risk of direct banking sector contagion appears limited, as European banks’ exposure to US deposits is low, and the Euro area and UK banking systems are well capitalised with ample liquidity.”

However, it also provided this note of caution in a note to clients: “The US financial stress could lead to European banks curtailing lending to the real economy and therefore tighten broader financial conditions, amplifying the growth drag already underway.”

At 11.45 am, the shares were trading sideways at 47.43p – well shy of the consensus valuation of 65p. Of the 21 banks and brokerages following Lloyds, 17 are positive on the stock in the black horse bank.

https://www.proactiveinvestors.co.uk/companies/news/1008952/lloyds-banking-group-after-the-rout-leading-bank-gives-its-call-on-the-sector-1008952.html

60p by Friday

Super cheap now the fears ease from silicon valley this will really back to 70p

SWB bank was crypto friendly hence the collapse Lloyds gets dragged into this being a UK focused bank today crypto winter is over and it's rallies

Let's hope governor bailey keeps hiking rates next week need to keep up momentum with another 25 basis points interest rates are still cheap

5.2 million passengers travelled through Heathrow during February
With restrictions lifting, the East Asian market is growing fast; February saw eight times as many passengers as Feb-22 in that region

https://www.google.com/amp/s/airport-world.com/amp/heathrow-passenger-numbers-continue-to-go-in-right-direction/