You need some maths lessons dream. lol.

Bernard - do you mean capital gains tax or income tax.

EURO is finished no leaders

CGT. Unearned income, did you get out of your trade skinny. Watch the DOW and FTSE Futures go up after 16.30 close.

Bernard No, still in.

I'm confused here, I know that the rate of income tax hit its highest since the war 1974 @ 83% which could be "topped" up with a 15% surcharge on 'un-earned' income (investments and dividends) which could add up to a staggering 98%.?

Morrisons could buy Garden Centre Group - report

13:40, Sunday 2 October 2011

LONDON (Reuters) - Wm Morrison Supermarkets is interested in the Garden Centre Group put up for sale last month by Lloyds Banking Group (LSE: LLOY.L - news) , the Mail on Sunday reported.

Morrisons, Britain's fourth-biggest grocer, has asked for sale documents for the group, formerly known as Wyevale, the newspaper said.

The Mail said that offers for the Garden Centre Group, which operates 131 garden centres and employs 4,500 people, are expected to come in under 300 million pounds.

Last month, Tesco (LSE: TSCO.L - news) , was tipped as a potential bidder for the garden centre company.

Travellers told to start travelling by Judge..lol..

Currently down 8% and just holding above 30p.

Last time it dropped to 27p I was kicking myself for not getting on board, as the sp then topped 37p! Trouble is that greek default looked unlikely then.

I know Harry but the Greeks look likely to default now.

has LLOY any exposure to Greece?

No, but the whole banking sector is tarred with the same brush. Reason goes out of the window.

Harry so if that is the case better to be in LLOY than BARC or RBS .

So long as LLOY isn't underwriting any other bank's loans, then yes (I am heavily invested in LLOY, none of the others). Trouble is that we are not always fully aware of the banks international dealings, so every now and then a nasty surprise emerges.

.15:32, Sunday 9 October 2011

LONDON (Reuters) - Hugh Osmond's Sun Capital Partners has pulled out of the race to buy 632 Lloyds branches, raising doubts that the assets will fetch as much as the bank wanted, the Sunday Telegraph reported.

The newspaper said it understood Sun Capital Partners was "unlikely" to enter a second-round bid for the branches, which Lloyds has been ordered to sell by European regulators after the bank was rescued by the British taxpayer.

It quoted one source with knowledge of Sun Capital's position saying a bid "made no sense at the moment", in reference to the current state of capital markets.

New British bank venture NBNK confirmed last month it had submitted a second-round bid, said to be worth 1.5 billion pounds, for the branches.

Co-operative Financial Services was also still in the running, it said last month, although it had not yet submitted a second-round bid.

Analysts had previously said the branches could fetch about 2.5 billion pounds.

The Sunday Telegraph said Osmond could still re-enter the race at a later stage, as could NAB and Virgin Money.

Lloyds declined to comment on the report, while a spokesman for Osmond was not immediately available for comment.

..Osmond concerned by Lloyds branch bid costs - source

17:28, Sunday 9 October 2011

LONDON (Reuters) - Hugh Osmond's Sun Capital Partners remains in talks over buying some 630 Lloyds retail bank branches, although Sun Capital has concerns over the costs of a bid, said a source with knowledge of the matter.

"We remain in dialogue, but there is the issue of costs, which is more than Lloyds' internal estimate," said the source, who declined to be identified.

The Sunday Telegraph had earlier reported that Sun Capital had withdrawn from the race to buy the branches.

The newspaper said it understood Sun Capital was "unlikely" to enter a second-round bid for the branches, which Lloyds has been ordered to sell by European regulators after the bank was rescued by the British taxpayer.

New British bank venture NBNK confirmed last month that it had submitted a second-round bid, said to be worth 1.5 billion pounds ($2.3 billion), for the branches.

crikey - this (branch sales) still dragging on lol

opportunities on the banking front next week in the form of easy cash - looking fwd to it - barcs should perform the best overall - yeeeeeeeeeehaaaaaaaaaa !!! gla

hc didnt realise you were in large lloy - good luck
dependent on your avg will come good in time imo

will be back home tomorrow .
why are lloys selling these branches now that all the EU banks are getting gov money . answers if you no

the reason for the branch sales was because they took gov money so what happens to all the EU banks .the EU should now withdraw that sale notice