Member Info for longtimeinvestor

SC

''Commercial property market is a growing concern for banks, particularly for lenders Lloyds and NatWest''

No concern for Lloyds bank

HSBC UP

LLOYDS UP yet again?

VODAFONE UP

UBS driver continuing on track to pick up 4.3 Billion +

Owl

''I think they are almost mindful of not wanting to make too much profit at the minute, as ridiculous as it sounds''

the idea of business is to maximise profits on behalf of shareholders

'' if they were to go full throttle the amount of negative press re profiteering and taking advantage ''

profiteering ?

I would imagine that profit margins are more or less the same as they have been for a number of years - profits on a maintained profit margin but increased costings means a higher nominal profit - that is not profiteering, it is INFLATION

Https://www.telegraph.co.uk/personal-banking/mortgages/banks-charge-mortgage-borrowers-jeremy-hunt-savings/

Corn

I expect LS is in bed - he did not mention the share price, so therefore you have to assume that his post refers to profitability of Lloyds from which returns are made to shareholders.

Car

''Is the blame partly to do with stock markets and this short selling scamming of company money''

Thames water is a privately owned company

'', or is it simply down to ridiculously poor management?''

who knows, but what I do know is that replacing Victorian infrastructure in London is very expensive.

The London super sewer is costing Billions

Dt

''UK government looks at nationalising Thames Water''

UK government looking at best ways to continue the business. This could mean extra funding from existing shareholders, or a temporary public ownership special administration process which then sees the business sold off or as a last resort the business being in full public ownership.

Hopefully it will be their shareholders/stakeholders, that they can get any needed extra funding from

Ram

''we need the share to raise just like the sun everyday ''

Is that now 3 days in a row that there has been a rise in the Lloyds share price?

Unfortunately I think most would agree that expecting that every day is a bit too optimistic.

2023 share repurchase programme going very well - doing as it says on the tin, but to a greater degree than many expected - well beyond my hopeful 4 Billion from the outset.

Well trackers are obviously linked to base rates set by the MPC.

Fixed rates based on money market swap rates.

The latest MPC rise didn't really impact mortgage fixed rate levels

NU

''Mortgage rates (variable/trackers) go up because the cost of money goes up''

yes, the markets upping the cost.

USA 30 year fixed rate mortgages are over 7% I believe.

Cw

it can be completely made up - they won't mind

Cw

why don't you try another one to see how recs you can get

Cw

I am afraid you could say anything anti me and get recs, no matter how much nonsense it is or made up. These are the people who have had their noses rubbed in the ground, and didn't like it.

Are now probably about the same as before the financial crash - no big deal.

Cw

''They’re quick enough to send you letters saying your mortgage payment has increased.''

that is what I call boring,and at the same time having no relevance to depositors cash returns.

Cw

if you haven't already got, you can get reasonable tax free returns on premium bonds, with the flexibility that they can be cashed in at anytime .

Cw

is that the best response you can muster from my posting facts?

Many stocks up

Centrica may have a multi year closing high

Vodafone up again - investors loving their 11% dividends

UBS driver continuing heading towards the 4.3 Billion + pick ups

Cw

''That they’re happy to increase your mortgage rate but not your savings rate.''

mortgage rates are determined by market forces - it is good that mortgage holders are informed asap that there obligations under the mortgage that they took out are changing.

Market forces also determine savers rates, but there is no obligation for a bank to pay an increase of x% on money that savers have already deposited.

Anyone is free to shop around to get a better return on cash.