Member Info for TheFarEnd

Ww, as I said before, that £600k+ was not from the public purse it was from your dwindling membership, which if found to have been embezzled, makes it even more personal for the suckers that contributed.

What happened to monies left to the Scottish National Party (SNP) in deceased supporters' wills?

You can't defend them, why try? They're rotten to the core.

You have to speculate to accumulate stagecoach, it's called investing....... for the future.

Market figures are totally irrelevant when assessing a country's performance.

Remember, a recession is commonly defined as two successive quarters of contraction.

Gross domestic product fell by 0.3% for the quarter when adjusted for price and calendar effects, the data showed. This follows a decline of 0.5% in the fourth quarter of 2022.

What was the prediction for the UK? Oh yeah no recession here.

The German economy saw a decrease of 0.3% in the first quarter of 2023 versus the previous trimester, according to a final report published by the Federal Statistical Office (Destatis), recording the second consecutive decline.

Remember Germany effectively is the EU, at least the one they want to promote.

Just saying for all you UK doubters.

Thought I'd better mention this after all the preceding vile comments.

No breach of the ministerial code. Certain cretins on here have suddenly lost their voice. Time to wind yer neck in and worry about real misdemeanours.

"further investigation is not necessary" bet you wish those words applied to the SNP embezzlers.

Just saying.

i could have told them that! 😋

"the international monetary fund no longer expects britain's economy to fall into a recession this year, it said on monday as it upgraded forecasts published last month and warned that the outlook remains subdued.

the imf said british gross domestic product now looks set to grow by 0.4% in 2023. in april, it forecast a contraction of 0.3%, the weakest outlook of any major economy."

that's a quick turnaround, minus 0.3% to plus 0.4% in just a month, just like the rest of us they haven't got a clue.

the labour flunkies sent out every morning and given air time for ****ging the government off will have to have a rethink.

bertram, broadly speaking i wish for the same.

however my post was just to illustrate the fantasy that is labour's economic policies.

'everything is costed' my ****.

Berterm, be careful what you wish for….

"Of course there are always those taxes that can not be avoided that the gov runs riot with- council tax. Gone up 5% + near every year for last 25 years.

It really is time for a new party in this country. One that cares for the people living here and does not see them as cash cows."

Reality check ✅

12 years of the last labour government saw council tax rise on average 226%

The following 12 years saw the average council tax rise just 135%.

Its a no-brainer, but most labour voters are too dumb to see it.

"If Europe and the US follow through on their designs to force the internal combustion engine out of the market and replace it with EVs, it would do China a huge favour. Destroying one’s own domestic car industry to replace it with someone else’s vehicles is as close to a textbook definition of economic suicide as one could get."

"European car manufacturers are about to reap what they, and their governments, have sown by allowing new cars to become unaffordable, and by allowing regulatory diktat, rather than customer demand, shape the market."

"We put the mental in environmentalism."

Extracts from unherd.

"Despite all geopolitical difficulties, the clean energy transition is accelerating," European Commission President Ursula von der Leyen told a G7 leaders' summit in the Japanese city of Hiroshima on Friday.

"Now that the G7 are in this race together, our competition should create additional manufacturing capacity and not come at each other's expense," she said.

Rewind…not come at each other's expense. That's EU speak for we're lagging behind, we haven't got the raw materials here so we don't want our usual EU protectionism to take the fore.

We should not be competing against each other on this occasion.

Can you imagine if, say Germany had all the essential raw materials they needed.

Use your imagination.

STP.

A bit like the German / European car industry lobbying for a change in the rules about the new terms of origin tariffs. They want a change because it puts them at a disadvantage. Their battery manufacturing is lagging way behind Asia, in short it's not developing fast enough. Nowhere near enough capacity.

As for the UK with the fast changing development of battery technology such as anode materials and solid state batteries coming on stream in a couple of years this could be advantageous for us.

A bit early for phrases like "a tale of woe" don't write off the UK automotive industry just yet. It's just more scaremongering from the MSM, they can't help themselves and the trouble is people fall for it.

'We have many tools for fighting inflation. The trouble is the toolbox is empty. In reality we only have interest rate rises but we don't want to deploy them fully. BoE had their chance last week, it's no good moaning about it now after you only raised them 0.25%.

Here's an instant fix.

If the CPI doesn't show signs of lowering then we will just have to revise the way it's calculated. We could try the EU model, that would drop it a few points.

There's plenty of Europhile gullible's on this BB who would welcome it, they think it's all milk and honey over there.

Dow plunges over 300 pts, wow these debt ceiling talks are causing problems.

That's about 1%, who's writing this, it must be Chid!

Chid.

"What total buying power has been lost for lth's of Lloyds due to years of inflation?"

Annualised inflation figures last 20 years.

2003 - 1.362%

2004 - 1.344%

2005 - 2.057%

2006 - 2.329%

2007 - 2.323%

2008 - 3.602%

2009 - 2.165%

2010 - 3.298%

2011 - 4.464%

2012 - 2.828%

2013 - 2.565%

2014 - 1.461%

2015 - 0.040%

2016 - 0.660%

2017 - 2.683%

2018 - 2.478%

2019 - 1.791%

2020 - 0.851%

2021 - 2.588%

2022 - 9.067%

Average inflation over the last 20 years = 2.828% pa. Yup, years of inflation but not so high put in this context with the current rate, is it?

Now we all know about Lloyds shenanigans after 2008 with the HBOS rescue but things don't look so dire for lth's measured against an average inflation of 2.8%.

I don't know how long you've been a holder of Lloyds but you are never going to be a happy Lloyds Investor if you are counting your losses pre 2008.

You just got to move on Chid, you're getting too repetitive.

CNA this morning came within a whisper of what I deemed my complete exit price (120p). As usual with the SP advancing of late I'm reluctant to sell what is left of my original holding. The trend is your friend and all that.

This scenario is not unlike several Lloyds holders comments here. Comments like, can't wait to sell up when this reaches 50+, 51, 52, 53p. But of course there has been ample opportunity to exit LBG at these figures with a year high price of 54.3p.

I must add, I'm fairly disciplined in setting buy and sell prices and have missed many entry opportunities in the past, but I've always said, never be frightened to take a profit. It's not a problem for my current CNA holding as I've taken good profit on the way up.

This market seems to be waiting for the next uplift or disaster, too many uncertainties, but wtfdik.

Just musing on a bit this morning.

Closed period for Directors.

"This period typically lasts for one month prior to quarterly or interim reports and two months prior to annual reports."

Just saying.

Yes, just had a quick scan through the weekends offerings here.

Judging by the content of some of the clowns, It makes you wonder how many posters on this forum are not Lloyds investors and are actually invested in anything.

I despair.

Yes GDP is down 0.3% in March, however it is plus 0.1% in the first quarter 2023.

On an annual basis GDP is up 0.2% on the same 2022 quarter.

Services sector up 0.1% and construction up 0.7%.

Probably be amended later.

"welcoming country"

Foreign students yes, foreign asylum seekers er no.