Tanker,
We should ignore PPI and move on. 90% of it is done.

ahoj they are not even half way fact still hundreds of staff working on it
then they wil lose there jobs would you rush

5000 still working on ppi claims what are they going to do when it is finished

A 13-year-old girl was plied with alcohol and repeatedly raped by a gang of Asian men, a court heard yesterday.
She was one of number of schoolgirls targeted by the gang of 11 men, who gave them drink and drugs before they raped them.
The vulnerable children were passed among the group and sometimes forced to have sex with several men in one day.
The young girls, who all came from broken homes, were often too incapacitated by drink or drugs to be able to fend off the men, it was alleged.
The jury heard one 13-year-old girl became pregnant by one man and had the baby aborted, while another teenager claimed she was raped by three men while she was being sick over the side of the bed.


Read more: http://www.dailymail.co.uk/news/article-2104360/Agony-girl-13-groomed-raped-gang-Asian-men.html#ixzz1n6IhXwWJ

this is the uk today what have we done allowing these evil humans in to our once
safe and happy country

Skinny - Thanks for that. I have a small Birmingham Midshires compensation rump holding. Should have bought a shedload a couple of weeks ago.

Roberalexander - I think LLOY are a good long term hold but it will be surely some years before they resume dividends. And then they will fly. LLPE and the other prefs paying around 8 per cent are also a good hold but check out that the divis have resumed. Which is better? Ask someone with an actuarial discipline, a calculator and a crystal ball. For me, looking for income, locked in at 8 pc looks good. I hold both.

PPI...they are giving money away. I know someone who is to receive over £2K in 'compensation' no way did he ever pay out anything near £2K in insurance!

Another day - flat

ppi to cost over 8b .
and they have so far only paid out 40%

We paid for six months for the insurance, but refused to claim. It is not moral to claim, in my view.

ahoj why is it not moral

I accepted it at the time and paid the cost, never claimed. so what is wrong?

you are honest

i have never taken out a loan in my life

No!

I bet you have been on borrowed time more often than you realised.

fred you live in a never never world full of shite
get out and look around the world is not a nice place
these days down to religion

3 month high hit earlier @37.20 - eyes down for tomorrow!

Results tomorrow:

On 8 November, Lloyds Banking Group (LBG) issued an interim management statement in which its stated that in the first nine months of 2011 it made a statutory loss before tax of £3,858m (2010: profit of £1,967m). LBG also reported that profit before tax fell by 30% to £1,748m, in the first nine months of 2011, on a combined businesses basis," Clarke wrote.

Wait. There is more.

"This differs from the statutory results as it is before a number of items such as the integration, simplification and EU mandated retail business disposal costs of £1,066m (2010: cost of £1,172m), volatility arising in insurance businesses of -£737m (2010: £110m), amortisation of purchased intangibles -£428m (2010: -£478m), provision in relation to German insurance business litigation of - £175m (2010: £0m), the cost of the £3,200m PPI insurance provision this year and a pension curtailment gain of £1,019m in 2010," Clarke continued.

Nomura says that the things to look out for in Lloyds' results are: any comments made regarding the progress of the Verde sale; comments around the revenue outlook for core and non-core; asset quality trends and any indications of outlook for 2012;

Tanker

You say at 22 Feb 2012 15:21 - 3991

i have never taken out a loan in my life

Have you not heard of the term 'Gearing'?

eg, You want to buy an asset for £100,000. In fact, you think it's so attractive and you are so sure you are going to make 20% per year from it, that you really would like to buy two of them.

But you only have £100,000.

Well if you buy one of these, then in one year you'll have £120,000.

You'll have made 20% on your initial investment. In fact, you'll have made 20% on your total investment.

Now let's get some 'gearing' going on it.....

You find out you can borrow £100,000 at 4% per annum. So you arrange to do so.

Now you've got your £200,000 and can buy two assets.

One year later you've got £240,000 and have spent £4,000 on loan interest. So this equals £236,000 in total.

So your original £100,000 has now made you £36,000 instead of £20,000.

That's 'gearing' for you.

There's only one thing wrong with borrowing money. That is, not being able to pay it back without crippling yourself in the process.

I do hope, that in this example, the funding of the £4,000 interest didn't cripple you. But I do suppose you could have funded it out of the extra £16,000 you made out of the whole deal.