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A deputy governor of the Bank of England has apologised for calling the UK economy “menopausal” in an interview, saying that this was a “poor choice of language”. The UK’s productivity has stagnated since the global financial crisis a decade ago, and data on Wednesday shows that it has slipped again in the first quarter of 2018. Ben Broadbent, deputy governor for monetary policy, suggested in an interview with The Daily Telegraph, published on Wednesday, that this might be analogous to Britain’s “climacteric” productivity growth slump of the 1880s.

sell in may back in st leger's day

Crystal ball ? If lloyds paid a special divi of 1.4 to share holders the S/P would of gone up to match. Lots of people on hear don't agree with this from what I read on this board lloyds could stop paying a divi and the dedicated followers would still be happy

Me to a small share holder and lost out on 1.4 special divi . Lloyds and other large companies buy back their own shares to inflate executive pay

Brexit Britain is booming! Remain doom-mongers talk down the UK's economy... yet a record number of Britons are now in work and more foreigners have jobs than before the referendum The workforce has grown to 32.34million � the highest level since records began The total has risen by 609,000 since the referendum of June 2016 Sir Bill Cash, a Tory MP, said the figures showed Brexit was �a great opportunity� Almost 2.37million had jobs in March � 155,000 more than in early 2016 http://www.dailymail.co.uk/news/article-5733807/Record-number-Britons-work-foreigners-jobs-referendum.html

Timeshare owners are reclaiming thousands of pounds from banks and credit card firms after being mis-sold holiday properties. Customers are using Section 75 of the Consumer Credit Act 1974, which gives buyers the right to claim a refund for items bought on a credit card costing between �100 and �30,000 if the goods or services are not as described. http://www.thisismoney.co.uk/money/news/article-5733107/Get-bank-pay-timeshare-swindle.html

Secret report: HBOS fraud cover-up went to the very top - We reveal the damning claims contained in the dossier the bank kept under wraps for five years http://www.dailymail.co.uk/money/news/article-5723167/We-reveal-damning-claims-contained-dossier-bank-kept-wraps-five-years.html

Iv got a little bit in BHP billiton

I got it from the fool https://www.fool.co.uk/investing/2018/05/12/beware-the-siren-call-of-the-lloyds-share-price/

This is worth thinking about , not much growth expected hear Lloyds expects to pay a total dividend of 3.39p in 2018. Imagine that you decide to hold the stock for the next nine years and it pays an average annual dividend of, say, 5p. You’d collect 45p. However, if the share price remains close to 70p over that period, which is possible, it would only take a share price slide of 64% or so to wipe out almost a decade’s worth of your gains. With so many better opportunities on the London stock market, I think avoiding Lloyds is the right thing for my long-term portfolio.

That's disgusting the dirty basterds, or they might say one up the bum no harm done

BARC Real-time BATS EUROPE - 05/11 04:29:59 pm 214.1GBp+0.14% Exclusive: Banks to seek special exemptions for foreign staff after Brexit - sources Envoyer par e-mail 05/11/2018 | 05:56 pm LONDON (Reuters) - Global banks in Britain are calling for a special work visa waiver after Brexit to preserve the City of London's standing as a top global financial center, two industry sources said, a move that would be more generous than the current arrangements. Since Britain voted to leave the European Union two years ago, London's financial services industry has been trying to prepare for losing access to its biggest trading bloc, its toughest challenge since the 2007-2009 financial crisis. London vies with New York as the world's financial capital and potentially has lot to lose from the end of unfettered access to the EU's post-Brexit market of 440 million people. Business leaders have repeatedly expressed concern that a crackdown on immigration from the EU could hamper their ability to find staff with the right skills. As a result, the finance industry is demanding a new system where international staff posted to Britain for less than six months will be able to come and go freely without having to apply for a work visa before they travel, the sources said. The proposal is a core recommendation in a draft report by TheCityUK, which promotes Britain's financial services sector, and consultants EY, the sources said. The report reminds the government that the finance sector must continue to attract top global talent because it the biggest source of corporate tax revenue accounting for 14 percent of all tax revenue raised in Britain. The report will be shared with the Home Office and Treasury and is the most detailed request yet by Britain's finance industry to the government about how it wants immigration policy to look after Brexit.

"The pound had a pretty disappointing day yesterday, coming under pressure over a combination of multiple downgrades in the UK’s growth as well as inflation outlook, after the Bank of England kept rates on hold," said analyst Michael Hewson at CMC Markets. "While governor Carney attempted to put a brave face on the downgrades by suggesting that rate hikes still remain on the table for this year, and that the bank expected the slow down seen in Q1 GDP to be temporary, markets didn’t appear to be buying the narrative on this occasion.."

deadcatsbounce , reading this forum I never thought the directors would read this , they must do ....... scrap the buyback

GDP growth slip to just 0.3% , interest rates unchange and lloyds still finished up just shy of 67 got to be a first

mark carney interview at midday on interest rates might get 0.5%

Remote villages show effects of inbreeding https://www.swissinfo.ch/eng/remote-villages-show-effects-of-inbreeding/16013180

wharfedale observer Police helicopter used to 'film swingers and naturists' http://www.wharfedaleobserver.co.uk/news/15418345.Police_helicopter_used_to__film_swingers_and_naturists_/

British people’s trust in UK banks has reached its highest level since 2012 to reach a level that rivals high street retailers, a survey to be published today will show. The proportion of Britons who say they trust in banks has jumped by 11 percentage points over the past two years, to hit 40 per cent, according to the poll of more than 4,600 consumers by consultancy Accenture. The increase in trust puts the banking sector level with supermarkets and just below high street retailers in the trust stakes. Web and social media firms, by contrast, only attract the trust of 17 per cent of consumers. Peter Kirk, a managing director at Accenture, said “increased satisfaction and the effectiveness of the service they’re getting” has been one of the major drivers of the improvement, alongside the diminishing impact of a string of post-financial-crisis scandals. The UK retail banking sector is undergoing a period of dramatic change, with branch closures across the big incumbent banks accompanied by fierce competition to create the strongest digital banking offering. The use of bank branches has declined dramatically, with the proportion of customers who visit their local branch at least once a month falling from 52 per cent in 2015 to only 32 per cent in the latest survey. Meanwhile, the use of telephone banking is on the decline, while use of mobile devices has stabilised. The use of cash machines has also fallen as contactless and mobile payments become increasingly accepted. However, the survey also found that bank branches could still play an important, if diminished, role for advice on mortgages, with 59 per cent saying it was “important” to them to have human advisors on hand. “For the major events in their lives a large percentage of people still do want to have a human involved,” said Kirk. The survey’s findings also suggest, counterintuitively, that increased use of robo advisers and chatbots could also stand in for genuine human contact where more personalised services are required. Some 46 per cent of survey respondents said they imagined a robot adviser could be “faster and more convenient”, while 17 per cent think automated advice will give better advice. High street banks and fintechs have already started to experiment with computer-driven advice. Royal Bank of Scotland and Natwest earlier this year started experimenting with a “life-like digital human”, called Cora, to help customers. The firm uses technology from New Zealand-based facial animation company Soul Machines. Or you this might be better Www.Facebook.com

Banks of Britain: Is it time to love them again? Ten years since the financial crisis, banking remains an unloved sector. Ever since the US subprime mortgage scandal rocked the world in 2008, the villains of global economy have rarely been out of news. A decade of regulation including capital adequacy ratio requirement and, in some cases, separation of investment banking from retail have healed some wounds. Lloyds, Ingram says, has a clean balance sheet but �the stagnant share price illustrates that its vast mortgage lending book is very reliant on low interest rates as many consumers have chosen a variable rate mortgage.� Its expansion in credit card business in acquiring MBNA for �1.9bn provides diversification for earnings. https://uk.finance.yahoo.com/news/banks-britain-time-love-115812059.html?guccounter=1 This maybe better https://Facebook.com