Member Info for snige

£394 billion deficit.
It's a good thing we're paying the worse state pension in the developed world otherwise things could have been really desperate.

If as forecast the economy gets back to normal by the end of 2021, why is it being reported Sunak is planning on a 3 year package?
"Mr Sunak will detail moves to spend £2.9bn over the next three years to help more than 1m jobseekers find work"

Perhaps Sunak is going to create an equity bubble then recover the cash with 40% CGT but you'll all be happy with the inflated 60%.
With todays tech it would be easy for the brokers to pass on the CGT to HMRC on the sale and then for the tax payer to claw back - that would raise more revenue.

The roll over trade deals we have negotiated so far with the Faroes,Canada and Japan have locked us into existing trade deficits.
Take a look at the facts before making your judgement.
https://www.ons.gov.uk/economy/nationalaccounts/balanceofpayments/bulletins/uktrade/september2020

LTI,
The UK failed to trade successfully in the EU trading bloc which is why we are going it alone with an inferior deal.What makes you think we will be any more successful on the world stage?
Lets try going tariff free in RCEP.

Every household to receive £200 prepaid card to spend in shops.
https://www.bbc.co.uk/news/uk-northern-ireland-55039060

Millions of capitalists fighting over socialist state hand outs under a Tory government -Best entertainment ever,Love it.

Too many people and businesses have borrowed too much and will try to increase prices, if we don't get the inflation then Lloyds will be writing more off.
Could print more but it's such a blunt tool.

I think Lloyds shareholders can relax a bit until the breakup of the United Kingdom and a return to 1706,this starts with the Scottish elections in May 2021.
On the other hand if we can offer them all the freedoms and benefits the EU offered the UK they might just stick with our union.

Would a sovereign country allow a foreign power with nuclear weapons to occupy it's territory?
There are very few truly sovereign nations,America,Russia ,China,North Korea,Iran.Perhaps we should leave NATO like France did 1966-2009 while it was still a member of the EU.
Good day for Lloyds.

LTI, You've spent your whole life trying to get the last word in,how old are you?
No reply needed as i'm not real,lol.

"Fortunately the market is more forward thinking"
Love it when people support an argument with that one.If the market was this good at forward thinking it would have adjusted in 2019 for the 2020 pandemic,but agree Lloyds is under valued.
My thoughts are we had the vaccine advance last Monday and we are now due a step up from the US election.
Our so called special relationship with America requires their confidence/approval and a Biden Europe will require us to re establish closer ties.
To be fair he'll probably have the same conversation with European leaders.

I don't think so.
Without a FTA with either the US or EU the country will head down a dead end,hence all the flapping since Biden majority.

Looks like the share price is celebrating the departure of Cummings!

“to consider sanctions against China for breaching Hong Kong treaty....”
You could say they respected international law (treaty) for 23 years which is considerably better than our government's record of 9 months?
just saying.

The Telegraph reported on Wednesday our population had fallen by 800,000 this summer but haven't been able to find any further details on it, however radio 4 is reporting it now.
Along with CGT on second homes and the inevitable rise in mortality rates brought on by Tory policy this could have a significant effect on the housing market.

I don't believe 40p plus in the short term is a conversion if you think where we came from.
Will do it tomorrow in case there is some positive news at the weekend if November the 19th is key.
Politicians!

People falling out in Downing Street must be the Biden effect and his support for Ireland.
I'm more confident Lloyds will reach 40p plus by Xmas now as they'll have to cobble some kind of deal with Europe.
Bodge back better!

I think Sunak requested that report to give the impression he's being prudent,but even doubling rates,slashing the exemptions would only bring in £14 billion and the deficit for this year alone is forecast to be £372 billion?
He's going to print more money,£890 billion so far and nothing to show for it.
Can we live of QE or will confidence fade in this country?

"think we, the UK, should take our chances."
Why take chances when you already have a good deal with the EU and the USA.
Investors don't like countries who break international law,time for another U-turn?