Member Info for Nuwanda

I think interest rates will remain unchanged on a split vote - don't risk letting the inflation genie out of the box just yet - IMHO. Good news for LLOY and shareholders.

I don't think the market cares about the election result, they just want the election over so they have some certainty for the next five years.

So I guess it follows that Cambridge University will be severing links with student applications and donations from those with fossil fuel links.

On the other side of the equation during that time VAT has increased from 8% to 20%; so what you gain on earning you lose on spending (including incresaed fuel duty, which is subject to VAT - a tax on a tax). And it was Thathers Government that incresed VAT from 8% to 15%, the latest lot to 20%

So not a lot of cash swelling around to buy LLOY shares, where we've also seen Capital gains tax relief reduced; so more tax to pay from your income.

Tactical decison, but I too am out and back into cash. Based more on gut feel than the historical peaks and troughs. However, I hope it continues to rise in increments. But, if it doesn't the buyback will benefit and I WILL reinvest. Fundamentally, I sremain of the same opinion - LBG is undervalued as it continues to trade at well below NAV.

In both my EQi and iii ISA's first thing this morning - I take the cash.

ImaRight

Re 5, China's one child policy had unintended consequces. (not that you were advocating a pure one child policy).

How coincidental that the underweight recommendation may work in the Banks favour when activley buying back shares........

Still buying back shares at under Net Asset Value. What's not to like? It's a marathon, but the pace it good. IMHO.

Objectivly, if you look at the UK's economic performance under both Labour and Conservative adminstrations, the net diference is little more than a rounding error.

Gate13Boy

Is it? Have you looked a National Debt in Germany 2010 to today? Meanwhile the UK is in recession. No need to insult me eiether. I just expressed MY opnion (and yes, I might be wrong).

This current Government has taxed and spent to levels well in excess of that which the Conservative Party warned the Labour Party would do, if elected. Whatever time I spend voting this year, I'll never get it back, so I won't bother. It will just be more of the same tax and spending, be it with a red or blue logo.

Good spot! Neurodiversity has it's challenges. I must remember the carpenters rule, "measure twice, cut once." Off to sit on the naughty step!!!

2017 = 71.973bn shares in issue, from 68.074bn in 2010 (24 years ago!).

2021 = 71.023bn shares in issue

2023 = 64,086bn shares in issue

The reduction of shares in issue is now falling at a very healthy rate and at a good marathon pace.

As ever, LLOY is a long term hold, for me, and the Dividends keep me happy :) I don't actuallt care if the buybacks are proping the price up or increasing value. Whatever the share price, evey day is a win-win for me :)

I really don't care about the share price until I NEED to sell. Just keep my dividend going, 100% tax free from the pile in my ISA, and all is good. £2bn, or more of buybacks, would just make good even better FOR ME!

Everyone is different, but I'm here for the long term and happy :)

GenZ are into usership, not ownership. Rent a Car, Rent a Phone, Rent a Music Library, Rent an Entertainment Library..... Rent a home..... They want use of a commodity.

Jcb208 - "any one remember the dot.com bubble"

A game of inches! Some businesses were bonkers and other secured funding just in time (ironically Lastminute.com being one!) Others, like boo.com, missed their timing by a fraction (Boo Hoo: A Dot Com Story, is a good read if you have the time) Cherry Freeman, a minor player then, has gone on to very big things - a very clever woman.

The more share that are bought back and cancelled (as they are), the larger proportion of the bank you own as there are less shareholers as a result.

So they moved their CEO to be Governor of The Bank of England. What could go wrong?

Chid - IMHO there will never be another Conservative Government, ever. Gen Z, plus plus their own lack of confidence in their own leadership, will see to that. The Conservative Party is finished forever. Just like the old Liberal Government of 1905–1915.

"Systematic internalisers" - fancy name for a Market Maker (they have practically identical criteria)