Member Info for Richard365054

Cannot find anyone reporting a comment from Lloyds concerning any further provision for ppi. Certainly this Bank said 90% of claims were bogus and of the remaining 10%, a proportion had been sold ppi correctly to protect against unemployment, illness, etc. Prior to the last two provisions earlier this year, Lloyds stated they had sufficient provision to meet payments of £120 million per month, but most payments so far this year would appear to be above this level. The latest provision at the end of July recognised 190,000 claims per week arriving, almost 1 million per month! Even if this doubled in August, if the bogus claims reported are still correct, lloyds may still need an additional provision.

I recently had unsolicited post for making claims that I hadn't requested. It appeared out of the blue and just needed the lender's name and my signature. Presumably this is the extent of the research that the claims' companies make on individuals. Just flood the market and some will get through the system. Why the banks put up with all these false claims is beyond me. I would take the larger culprits to court for deliberate fraudulent claims and see how they respond to legal process. It seems we have become a nation of shysters.

The last report from Lloyds regarding ppi was at the end of July when they stated 190,000 claims per week were being received of which 10% were being compensated. This would mean compensation of approximately £165 million per month. How many more complaints arrived in the final month has not been revealed. One would assume the figure was considerably higher. Didn't they have a fund of around £1.2 billion available at the end of July, including their last £550 million announced in the 2nd quarter results.

Eviking, we've had almost 6 months of delay which has achieved nothing. A further delay will not move discussions any further forward as too many MPs refuse to respect their electorates wishes. Parliamentarians are arrogant and pursuing their own agendas, i.e, the quest for power. This country of ours is suffering as a consequence and the EU continues to play hardball. Whilst we still remain in the EU we continue to make payments and any further delay in leaving makes the likelihood of a second referendum more likely. Such an outcome will open sores and old wounds and further divide the nations of the union. The EU are making comments from the sidelines whilst all this is going on and they deliberately undermine any respect for the peoples vote in 2016. This has all become a political football on both sides of the Channel. When I look and listen to all the party leaders there isn't one I would trust to be in charge. They are all playing this like a board game. They should remember who they serve and who pays them.

The extensions we have already had have achieved nothing at all. The politicians just continue to kick the issue into the long grass because a significant number continue to ignore the public vote. If the leave date is pushed back again and a GE called, there will be a blood bath at the polling stations. The public will take their revenge and the likelihood of a hung parliament becomes much greater. We've had 3 years of MPs doing nothing and this outcome would effectively sentence the country to a further 5 years of mud slinging. Politicians have shamed our country and continue to do so. The EU are no different as they set out to make leaving extremely difficult. They want our money.

dvh, each to their own view, but I can't see how Corbyn would make this country great again. Perhaps you would explain.

The shenanigans in our Parliament and the EU have for a number of years been purely political and I firmly believe that many politicians here and on the continent live their lives in a hermetically sealed bubble, out of touch and believing they are our masters and we are their servants. Whatever type of Brexit people voted for in the UK, the fact is they wanted out from the control of a non democratic and non elected institution, where we pay vast amounts for being able to trade with our neighbours, trade that would occur regardless as was the case before the EEC existed. This is regularly poo pooed by the remain side, saying we would have shortages in nearly all commodities, people dieing because pills and vaccines were not available, ports gridlocked due to extra checks, etc, etc.

Doubtless there would be delays and shortages and other issues, but it's not beyond our intelligence and abilities to find solutions. We are after all a creative and clever race, well able to find solutions and apply alternatives where we need to look beyond just the next page. Jeremy Bamford of JCB trades all over the world and has said that selling to Australia is as natural as selling to Austria. 40% of JCB exports are to WTO countries and they import £250 million a year of components from WTO countries. I'd sooner listen to a businessman with vast experience than a politician who reads from a pre prepared briefing designed to scare and undermine our wrong view of the EU.

Sadly, the activities of our Parliament for the last two and a half years have revolved around the politics of power, exhibited many times by politicians of all parties attempting to further their own agendas. The central issue of leaving the EU has become a side show, deformed by the egos of MPs who believe their judgement and knowledge is greater than the chattering masses. We are regularly told we don't know what we voted for or how it was to be brought about. We may have voted to leave but which leave did we mean. Seemingly, leaving the EU and reasserting sovereignty of our own Parliament and making our own trade deals isn't clear enough.

For many people I think this whole affair has become toxic, principally because most MPs believe the people made the wrong decision. They want to delay, slow down and curtail the whole process and, if they can, instigate another referendum. They hope they would get a different result, proving their superior knowledge was correct all along. But do they tell us about the changes the EU will be instigating in the very near future. The removal of the veto, no longer will one country be able to reject policy change as majority voting will apply. The removal of the rebate, no more will the UK receive a refund from the EU coffers. Harmonisation of certain taxes, the attractive business rate level in the UK has seen many companies come to our shores but we will lose this competitive edge once the EU applies this legislation.

Devisive.

PC, that suggestion would mean on the day you retire you become a lesser citizen and have less influence or your view counts for less in a referendum or election. But whilst you were working you've contributed to building an economy and supporting a business and probably funded a greater part of the pension fund you now derive benefits from. It seems to me you could argue the opposite point of view - that you deserve greater recognition than someone who has just started working and has not yet contributed to the economy. All pretty pointless and very decisive. Things are fine as they are.

Tom Watson has just tweeted that closing down Parliament is a scandalous affront to our democracy.
What these and other appeasers conveniently forget is that the behaviour of many MPs has been a scandalous affront to the democratic choice that the people presented to their MPs in 2016. These arrogant individuals, happy to be elected by their electorates, have deliberately chosen to not represent their voters wishes and hence we face the situation we are in today.
Good on you, Boris. At least you're doing what the people wanted and before too long we can also get rid of the moribund bunch of idiots who have chosen not to represent us.

Boomer Bower, you cannot countenance anyone with an opposing view to your own. You insult and are rude and dismissive and position yourself as the supreme expert on the subject of climate change and the supposed benefit of increasing carbon dioxide levels. People make their own decisions on the information they read about. You have your own views but that doesn't mean you can insult and be rude and derogatory to opposing views. Try and be civil and not insulting when you post on here.

Yes, a big chunk of messages have been removed which had Macron as their focus. Best to write these on a weekend when the chat inspector is at home.

The issue of environmentalism won't go away as we are all a part of it, but sadly, we're provided with poor information or treated like idiots or just simply behave like idiots.
The young swedish activist Greta Thunberg has received plenty of publicity recently as she's trying to show people who are in a position of power that changes are not being made quickly enough to save the planet that we are all helping to kill.
But, the information that most of us are provided with or that politicians choose to share is at best, misleading or downright deceitful.
I had a look to see how energy intensive it is to manufacture carbon fibre which is the component used in the yacht Miss Thunberg is using to cross the Atlantic Ocean. The figure I found is a factor of 14 times more energy intensive than using steel, which can also be reused time and time again whereas recycled carbon fibre cannot currently be realigned and thus loses much of it's strength. Currently a lot of waste carbon fibre goes to landfill. So not necessarily an environmentally clean way of travelling as would initially seem.

I also looked at my current car and worked out the carbon dioxide that would be produced in it's yearly cycle. It came to two tons which is approximately the same as a commercial return flight produces per person between the UK and the USA. Interestingly, if a family is planning a holiday on the continent then it's almost certainly significantly cleaner to drive a reasonably modern internal combustion engined car to and from the destination than it is to fly.

We're all supposed to grasp the technology of electric cars in the years ahead, irrespective of how the electricity is produced that replenishes them each night. We tend to believe that the absence of an exhaust pipe makes them completely clean, but I read that between 7 and 9 tons of carbon dioxide is produced during the extraction, processing and manufacture of the batteries for a mid range car. The problem is that we don't see this part of the process; we just see a shiny new car in a showroom.

I was also curious about the damage on shore wind farms were causing to peat land, predominantly in Scotland, as many farms have been sited in such areas. The potential for carbon release from these areas is huge as apart from steel and concrete foundations, the number of access and connecting roads is contributing to the peat lands drying up as the natural movement of water is being disrupted and contained by these roads. Some reports suggest that more carbon may actually be released than saved due to the siting of these wind farms.

The recent major power cut in the south of England was partly due to wind power being an uncertain source of energy, unlike gas or oil which can be controlled and predetermined. It seems more cuts may become an issue as our energy supply mix changes.

I don't have answers, but I find it interesting that what we are often told does not tally with the facts.

Mrs N, sorry to hear of your experiences. We live in an increasingly impatient world, it seems.
I spend a day a week at an animal rescue centre near Kendal and it's very thought provoking to see the abuse that some animals have received. You can't credit how a minority can abuse the defenceless and yet also, there are, fortunately, many more kind and considerate people who are prepared to give beyond their means to the little souls that can't help themselves. There are people that go out of their way to fund raise and receive next to no recognition, yet they sacrifice their own time and contribute at their own expense without thought.

You're not wrong, Mrs N. It's rather like the MPs who are awarded, or rather almost award themselves knighthoods. I think the last time I checked, around 4% of MPs were knights or dames. If this was replicated throughout the UK, we would have over two and a half million enjoying this honour. Considering the poor quality of current MPs, it has become a soiled award.

AHO decided eight and a half years ago that Lloyds were guilty for the mis sale of PPI. He was the first CEO to step forward and voluntarily set aside a gigantic fund for compensation claims. My ongoing regret is well known. The originators of the mis sale have all enjoyed the proceeds of their crime - equally at Lloyds and all the other banks and building societies in the UK. For the privileged, fraud obviously pays.

It depends on what you mean by long term. There are many long term holders on here and in October 2010 the share price was almost 50% higher. The market has turned completely against Banks.

Fortunately the grinding of my teeth can end shortly, although I continue to have a very low opinion of some of our Bank's directors. All about being inside or outside the club.

Same Board though, and none held to account.

If my maths are any good and I venture to say they are better than the Board, 10% of claims converted on the latest figures means Lloyd's compensation bill is now running at £205 million per month. I'm aghast that the frauds and cheats can lay these claims and not be held to any account for processing costs. What does it cost Lloyd's in administration costs to turn down the 735,000 claims that are returned each month.

Yes, it's been beneficial to the motor industry in particular and perhaps most manufacturers should acknowledge the degree of financial funding that lloyds have provided over the years. Similarly, the popular holiday destinations, bars and bistros should all hang a little black horse sign near their tills and checkouts.
Not forgetting, of course, the Boards of Directors across the Banking world who employ artisans to clean their imported marble, wax their limousines and hand cut their weed free lawns.
There will be another compensation scandal to come, be in no doubt. Whilst the directors reward themselves for mediocrity, what matter that the shareholders lose their dividends or watch the share price irretrievably decline. We're not members of the old boys club and haven't attended the right schools. There will always be "us and them" and what do we know.