Member Info for snige

Depends how long this good day lasts.
Lloyds is a relatively safe haven but if the FTSE/Dow fall back 10% then by your reckoning Lloyds would be down 6.5%

"Any rise in Inflation means the central banks increase interest rates"
We didn't last time in 2011 when inflation briefly hit 5% and interest rates stayed firmly at .5%
If the economy did start flying which i doubt, would it be too obvious to reduce fiscal spending from this years projected £200 billion deficit and keep the UK debt servicing costs lower.
Buy timber.

The longer furlough continues the bigger the problem we face when it finishes.
Business is adapting to having fewer employees,the new normal won't be 2019.
https://www.reuters.com/business/pandemics-labor-reshuffle-likely-just-starting-us-workers-2021-05-11/

Scotland now has the perfect chance to play middleman seeking a better deal from the UK or the EU,best result ever for their people.
They are certainly not daft unlike the voters of Hartlepool who will end up with nothing.

The bright spot has to be the success of the Tories in England,why the media would concentrates on the failure of Labour in a 42% turnout and not discuss the Tory success is confirmation of bias.
The negative side has to be a more polarised UK with England drifting away from the union.

Onlyif,
If only you could read.
I'm not blaming anyone,i'm pointing out the success of the Tory party campaign,they've done a Corbyn.

People do forget,they've forgotten the 127,000 and have been taken in by the endless reporting of a successful vaccination program.
The current government has bought off the people with a £550 billion deficit over this year and next in the form of grants,furlough and cheap loans, they have taken up the batten after critising Corbyn and have gone further with larger promises from the magic money tree.
On a low England turnout the people like the cash and promises the Tories are offering,they need to speak to the NI electorate and the fishing industry to understand promises will be broken.

Lloyds only clawed back some of the provision because the government has kicked the problem further into the future.
Taking 2020/21 and 2021/22 they will have borrowed £550 billion for what,block chain,commodity,housing bubbles and a chance of getting back to normal-drinking beverages indoors,tattoo palours,nightclubs and consuming foreign goods.
The only slightly positive is the housing bubble which has led to people actually doing something constructive.
Will the government borrow a further £550 billion and set a positive course for the country,i would doubt it.

One minute they are telling us unions are bad,then the next minute they are good.
"RISHI Sunak has intervened in the Holyrood election in the absence of the Prime Minister, claiming a second independence referendum is the "one clear risk” to economic recovery".
The EU used to get the blame now it's becoming Scotland,will Westminster ever take responsibility for when things go wrong.

I think the most important thing to happen this week was acceptance of the worlds largest economy that trickle down hasn't worked,will we ever change course?
It's not as if the rich won't get the money back,it's just a brief diversion to the middle/bottom first.

LTI, my view on share save schemes is they a bit of a scam on existing shareholders through dilution.
The money is taken from the employee and at the end of the term the cash is taken back by Lloyds and they prints additional shares,where does the cash go?
It's the existing shareholder who pays as Lloyds pays nothing and the employee gets a discounted share perhaps they should make this clearer.
I would add,i have taken advantage of share save schemes in the past and have to say they do motivate.

LTI,getting a trade deal with Australia will not make a blind bit of difference to the SP of Lloyds.
You remind me of a person who would travel to the Outer Hebrides to do their weekly shop,you always trade with your closest neighbour's hence the 5 million Irish are our 5th largest trading partner and if Scotland ever left the UK it would probably be our first.
You would be better off spending time trying to figure out how the UK economy has dropped 8% even after the Government pumped in 14%(£300 billion) of GDP.

I think after speaking to people who have worked through this crisis and those on furlough,yesterdays fall was a reaction to the 5 million.
Those that have worked through for the 100% don't like the 80 per centers and the 80% feel they won't have a job at the end as the economy can run along without them,which doesn't give them confidence to spend.
In some way we solved the productivity issue by employing the best but what to do with the 5 million.

"It should be noted that the OBR borrowing forecast for the financial year ending March 2021 (April 2020 to March 2021) includes an estimated £27.2 billion in write-offs of the business loans under the government’s coronavirus schemes "
These are cheap loans why would business not want to keep them and if the above fig is true why has Lloyds only provisioned for £4.2 billion,it still doesn't add up.
https://www.ons.gov.uk/economy/governmentpublicsectorandtaxes/publicsectorfinance/bulletins/publicsectorfinances/february2021

There has to be a few struggling if 15% or 63,700 people within real estate are on furlough benefits at the end of march 2021.
Might just be simply fraud?
https://www.gov.uk/government/statistics/coronavirus-job-retention-scheme-statistics-march-2021/coronavirus-job-retention-scheme-statistics-march-2021

LTI, if we are to believe your share dealing you would be the most contented person here,but you're not.
Why would a content person be rude?

LTI, i apologies if i hurt your feelings but it seemed a strange statement to say you would be content with 50p when you say your average is well below this figure.
Why no contentment at 44.37p unless perhaps your average is higher than what you have suggested?

LTI," i will be content for Lloyds to reach 50p"
I don't think you'll ever be content as you come across as not being at peace with you're trading or life - just my observation.
Good luck.

"Vaccine Rollout excellent ( not in EU )"
I get the feeling they may have to back track on the women under 55 who have received the first dose,i.e do you go ahead and give them a second dose?
30 cases in 18 million does seem very low risk but 30 cases in 1 million may be a bit of a problem.

"In the UK, it has also emerged that the state-owned British Business Bank (BBB) has withdrawn guarantees on Covid-19 crisis loans to Gupta-related firms."
The guarantee was never written in stone but that comes later.
https://www.gtreview.com/news/europe/greensill-in-crisis-as-credit-suisse-freezes-funds/