Lloyds now owned by government.

[kk.]

actually, having a 75% stake in them isnt all that bad y'know. Its not closing as such, its gonna probably merge with other publicly owned banks ie, northern rock. It just means people who have an account will follow the bank of england base rate more than likely. nothing to worry about

[Hecktix]

Voiding, you do realise this is an international financial crisis yes? :rolleyes::rolleyes:

Anyway, I'm quite happy that taxpayers on 75% of my bank. At least there is no chance of it going bust and me losing all my money.

[efq]

Voiding, you do realise this is an international financial crisis yes? :rolleyes::rolleyes:

Anyway, I'm quite happy that taxpayers on 75% of my bank. At least there is no chance of it going bust and me losing all my money.

Yes but from i've seen on the world news is that UK are suffering a lot and the US has had the lowest unemployment for so many years.

I havern't seen to much problems in Portugal, 1 or 2 Hotels have closed near me but they were crap but tourism is still popular as usual.

[kk.]

because portugal is obviously a well known country :rolleyes:
The UK and US are 2 of the world leaders. We have some of the biggest economies in the world and so obviously its going to hit us a lot harder than what you see and also ours will be far more publicised.

[Hecktix]

Wait until the summer when you have no British tourists. :eusa_clap:eusa_clap

[marriott0.01]

Yes but from i've seen on the world news is that UK are suffering a lot and the US has had the lowest unemployment for so many years.

I havern't seen to much problems in Portugal, 1 or 2 Hotels have closed near me but they were crap but tourism is still popular as usual.

Yeah, Portugal isn't exactly the worlds biggest concern atm, it's not really a Industrial Giant like the likes of the UK and the USA.

[efq]

Well its amazing how much % of brits go abroad to Portugal...

[Hecktix]

You'll find that % decrease a LOT this year.

[iAdam]

Well its amazing how much % of brits go abroad to Portugal...

Exactly, Portugals main income will be from tourism, Ours is alot of things combined, Expect to be hit by it this year because we arn't coming to portugal this year

[scottish]

The government owning the bank and the government having the highest share in the bank is different? :S

The government owns what 75% of it doesn't mean the government owns it, if the government owns it its nationalised, which Lloyds isnt from what im aware? :s