Member Info for TheFarEnd

FYI snige, Trump has gone, keep up.
On all the major factors regarding the vaccine your hero Starmer has supported every action, but he's made a few boo boos himself.
Regarding the high street meeting our needs that was before you other hero, Blair, opened the floodgates.
Just saying.

You should be relieved Daft, he called you out and he was correct, so now he's filtered you, you won't have to keep digging that hole to try and justify yourself.

Theosus, bit too early to rewrite the EU rulebook but it will come as things progress. The UK has to rearrange and transform and regulate accordingly.
Don't believe we need any sudden changes unless it's in response to vindictive EU actions, which are beginning to appear.

I heard Rishi Sunak being interviewed this morning and one of the questions was something along these lines..... With the banks making excess profits during this current pandemic would you consider a windfall tax on bank's?
Where do they get these idiots, I despair, all hope is gone.

Well done on CBX, but I hope you've found the time to keep up on the Salmond inquiry Rosewall.
Don't forget, it is the Scottish Government, a Government which has already admitted to behaving unlawfully, which is under examination.

Official UK unemployment figures 5.1% compared with Euro area average of 8.4%.
Unemployment measures people without a job who have been actively seeking work within the last four weeks and are available to start work within the next two weeks. The unemployment rate is not the proportion of the total population who are unemployed. It is the proportion of the economically active population (those in work plus those seeking and available to work) who are unemployed.
It is what it is, I guess, but as we all know Mark Twain's analogy was probably closer.

Who cares what the so called city expects. With results first thing it's all academic, you can't change anything now, it's just another holding. Mind you a 2%+ today was welcome especially for lloy.

Now be honest Suzy, those definitions don't really apply here do they, except maybe for the last one but I fail to see how that equates with exciting.
I know BEM has had its moments in the past but ironically that was during Clive's day.

With 'one trick pony' BEM continued apathy, along with the Swedish governments nonplussed attitude towards the mining sector, it must question investors wisdom here.
All around investors portfolios are gaining on the positive Covid sentiment whilst Beowulf's stagnation continues.
I have never understood the decision to halt the Kallak drilling program, I'm convinced that government pressure was responsible here, whilst continuing their lifeless attitude to their own rulebook.
BEM should resume the introduction of the drilling program asap and vigorously question and pursue any objections. This IMO will further pressure the government's inaction, after all it is still the 'drilling season.'

Figures released this morning -
Swedish unemployment rate increases from 8.2% to 9.3% (UK 5.1%).

It's not fake news, I posted it this morning.
Just saying

Poind10 -
"Once paid a dividend is lost wheres any shares bought back can be resold further down the line, most probably at a profit, should the company need cash for some reason at a later date."

FYI, all lloyds buyback shares are not held in treasury they are cancelled.
Just saying.

London's position as a key financial centre assured.
Almost 1,500 European firms applied to be regulated in the UK ahead of Brexit.

A Freedom of Information request filed by financial regulation consultancy Bovill found 1,476 firms applied for authorisation from the Financial Conduct Authority under its temporary permissions regime. Around 1,000 were setting up operations in the UK for the first time, having previously relied on passporting to serve UK clients from elsewhere in Europe.

https://uk.finance.yahoo.com/news/brexit-uk-eu-financial-services-london-offices-permissions-bovill-000142324.html

"nationalised without compensation"
That sounds like a typical utopian leftwing view Rosewall, wonder where that came from?

"The City offensive comes amid fears that Britain could lose its crown as the global financial centre after leaving the EU."
The misnomer was reported that Amsterdam had replaced London as a major financial hub got a few on here excited.
The real news was that Amsterdam had overtaken Paris, Frankfurt, and Milan.
Any dreams of European cities replacing London and competing on equal terms with New York and Shanghai are just that, wishful dreams.
To fulfill those dreams the Brussels commission together with all the member states would have to agree which EU city would be chosen, as all financial dealings etc would need to be in one hub. European politics dictate that this would never happen, result, more of the same smaller centres spread throughout Europe, despite all Macron's bleating about Paris.
They haven't got the flexibility and agility to react to change, effectively they are too slow….vaccines come to mind?
Furthermore we (the UK) are governed under common law, the EU however have civil law with all the laws and regulations applied to every conceivable thing they can think of.
They can't react to change quickly, common law regulates after changes but EU law stifles free thinking with excessive regulation.
Not to mention the actual governance of an experiment that is the EU. It's not a country, it's not flexible enough and it doesn't have a proper system because of all the divisions of power.
It's not for nothing that English common law, based on legal precedent, underpins global financial centres like London, New York, Hong Kong, and Singapore.
London’s future as a global financial centre is not at risk anytime soon, least of all from anywhere in Europe.
London has three advantages that are not held by any other European centre – existing scale and networks, a supportive legal system and ‘speedboat’ agility, not the slow EU lumbering tanker approach and that is their fundamental weakness.
So to the few on here, dream on, there's nothing in Europe to challenge London’s continued future as a global financial centre even post Brexit.
They're selling newspapers!

You have to laugh, all this talk about newbies on here getting burnt as if everyone's an expert.
My view is no one's an expert but everyone, right or wrong, has an opinion.
It's the quality of opinions that has deteriorated on here, especially one liners with a number included, some aren't even invested.

The only indication of next week's finals can IMO be derived from third qtr statement which gave a profit after tax of £0.7 billion.
Just saying.

As I understand it there is a cap on the Divi that lloyds can pay so excess capital is being spent on the next best thing, buybacks.
But everyone's getting ahead of themselves, don't you think?

''Or do you see it as 'free forever' money?''
Most of this is beyond me 2D, however, this article explains two schools of thought, take your pick, but it's happening already.

https://www.ft.com/content/53cb3f6a-895d-11ea-a109-483c62d17528

As I added more lloy yesterday on the gap close, I may have got it wrong, who knows? Nobody on here that's for sure.
However, If I have got it wrong I suspect it will only be for the short term.

Carry-on with your SP arguments if you've nothing better to do. :-)

Just exactly how does HMG "gain by using these banks to fund the struggling public, thus saving the Government from having to directly intervene." whatever that means 2D?

The government has even bypassed the bond market with Bank of England agreeing to a Treasury demand to directly finance the state’s spending needs during this current crisis.
The total tax contributions of the UK banking sector is actually decreasing not increasing as you are implying. Even the current bank surcharge is set to fall this year.