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European Central Bank senior executive Fabio Panetta has proposed a ban on cryptocurrencies with an "excessive ecological footprint"
More and more the case for action on global warming is slowly strangling decision making and progress. Carbon neutral/footprint is the new administrator where granting permissions is concerned. Everything is linked to the environment as can be seen with the arguments about the UK's new coal mine today.

The EU has not yet ratified their new MICA regulation's. Stablecoin issuers would be subject to liquidity requirements and would require a presence in the EU, funny that. The all knowing, all controlling, protective EU has acted probably in advance of the ECB's own digital currency.
He, Fabio Panetta, argued against one of the philosophical arguments for the existence of bitcoin, which maintains that the world needs a new economic system that does not rely on "trusted" intermediaries such as central banks.
The ECB executive said: "Trust cannot be replaced by religious faith in an algorithm".
Instead, he argued in favour of central banks issuing their own digital currencies, called Central Bank Digital Currencies (CBDCs).

Any prediction is only a 'guesstimate' usually based on known facts Mac.
But you must admit (although you never made a comment) the consensus about the UK was positive, based on "things that are happening right now" and not a mention of a GE or brexit.
Balance is always good, I believe there is a general trend away from equity's atm towards bond's and not just the UK.

Usual drivel from Mac again, brexit to blame for a global downturn which can only be rectified by a general election here, DOH!!!
Here's a more realistic and professional view from actual investors. Carried out by the Association of Investment Companies, the study was carried out across the investment company industry between 14 and 30 November this year. So it's up to date…..
"With 2023 now weeks away, investment trust managers picked the UK to be the best performing region next year, and energy to be the top performing sector."
"We would expect to see a more active investment climate from Q2 2023 onwards, particularly in the private fintech sector where the opportunity remains significant."
"Moving onto a regional level, and the UK was picked as the most likely to outperform at 25%, ahead of Europe (18%) and US and Emerging Markets (both 15%)."
Still, the managers had a more bullish outlook, with 19% forecasting the FTSE 100 to finish somewhere between 8,000 and 8,500 points, and the majority taking a slightly more conservative call at 7,500 and 8,000 points.

On a global level, two main factors could be the source of great market performance, a reduction in inflation and the prospect of the end of the year in Ukraine. No I can't see the conservatives or brexit mentioned anywhere, can you?

I'll repeat this part in case the doubters missed it. The UK was picked as the most likely to outperform at 25%, ahead of Europe (18%) and US and Emerging Markets (both 15%)."

Full article below.
https://www.investmentweek.co.uk/news/4061222/investment-trust-managers-pick-uk-energy-2023-winners

We've had two comments this afternoon supposably about Lloyds, but in reality they were just another chance to moan about politics and how their political leanings don't align with the government of the day.
No prizes for guessing who they were.
Just saying.

Perhaps your account has been compromised. Nobody's talking about you, you're not that important.
I believe the word is narcissistic, get over yourself.
Like I said yesterday, 'you just don't know how stupid you lot come across'. Well done for proving me right again.

I'm finding it difficult to keep up with this constant stream of scintillating news and events concerning Lloyds Banking Group today lol.
Can't wait for after trading hours (not) when all the anti-brexit idiots reappear here.
You just don't know how stupid you lot come across.

Didn't know about Sajid Theosus, but I read yesterday that Boris is going to try and defend his somewhat narrow majority.
If he's serious about being an MP he should try and jump on Sajid's Bromsgrove constituency.
It'll suit him in backbench opposition writing articles.

Labour held the seat and was expected to win, especially being midterm and the recent shenanigans.
But with what will be 14 years in power, albeit some of it with the Lib Dems, history says a change of government is on the cards. Sadly people's memories don't seem to stretch that far plus there's a complete new batch of voters on the block.
All will be revealed in time.

"They don't win every month, they just like to tell fibs, it makes them feel better. As my gran would say "don't trust grown ups"....or lying Scotsmen on this BB.
We're not all tainted like you Gazzleberry, I believe most of us here are quite genuine, usually they get found out, ain't that the truth?

I had the maximum holding (£30k) probably 20 years ago and redeemed them when they dropped the prize monies. All in my ISA accounts now, who knows if it was the correct decision? As always, It's your choice.

If we don't hear from Brixton this morning about his premium bonds can we assume his suspension has morphed into a ban?

"won £125. Turkey for me."
Not sure if you would get a secondhand rubber dinghy for that!

Not sure if the governments Home's for England departmental role is to help large scale corporate enterprise in the same way as private investors 88.
But as housebuilding is one of the mainstays of government policy I'm sure they'll assist the likes of Lloyds and now John Lewis where possible but not monetary wise.

If you're concerned about the Lloyds SP and the potential returns, then there's always Premium Bonds.
Oh! Wait a minute, what's this, conspiracy theories?

https://thismon.ee/a/11430379

LONDON (Reuters) -British retailer the John Lewis Partnership said on Friday it has agreed a 500 million pounds ($611 million) multi-decade joint venture with investment company abrdn to build residential rental homes.
The employee-owned John Lewis, which owns a department store chain as well as upmarket grocer Waitrose, is trying to diversify its business and has a target to generate 40% of its profit from outside retail by 2030.

Theosus.
I guess, if it's for the benefit of the smaller banks and relaxing requirements, that could be akin to opening up the energy sector. Every man and his dog were running energy companies and we all know how that ended.
Who knows what is around the corner!

The third Basel Accord, or Basel III is still ongoing I see in the news today.
I thought this was all sorted with the increased capital requirements.
However, if a dire emergency arose we wouldn't want the EU/Cyprus model of recapitalisation thrust upon us.
Just to remind peeps the EU-IMF bailout was a complete balls-up including the controversial seizure of depositors' uninsured savings above 100,000 euros. I'm sure most of you here must remember those days; it was only nine years ago.
After carving up Greece and it's remaining assets, imposing impossible hardship on its subjects, it kinda set the precedent for how the EU treats its member states.
Incidentally I wonder if some European banks are still struggling to meet the current criteria?

More deflection from our resident sweaty, I thought the thread was about the Scottish Nationalist Party.
There it is again, "the last 12 years" lol
Not only take lessons Gazzleberry, you'll learn, although you're probably too old to learn now, it's too late for the likes of you.

This BB (for those who know what that stands for :~) has gone rapidly down hill lately.

It's not a UK specific problem hardup.
"Supply chain disruptions “could cost Europe almost €1 trillion in lost GDP” Supply chain challenges could result in the Eurozone's GDP losing up to €920 billion (or 7.7%) by 2023, according to a report by Accenture on the 15th June 2022.
The potential loss is due to the COVID-19 pandemic and Russia’s invasion of Ukraine.

The report, “From Disruption to Reinvention – The future of supply chains in Europe” explores three possible scenarios for how the war could play out over the coming year, modelling the impact of each scenario on the Eurozone in terms of costs and timelines for recovery.

Before the war, the lack of material supplies, breakdowns in logistics and inflationary pressures were already undermining the post-Covid economic rebound. Russia’s invasion of Ukraine has aggravated what was already a difficult situation.

The report predicts that if the conflict stretches into 2023, it could cost the Eurozone up to €318 billion in 2022 and €602 billion in 2023.