The 1980s version wasn’t bad either. Compared to now. At least the State could still shoulder risks regular folk cannot provide for.
Posts by Alan Swallow
Probably means it isn’t just down to one person but down to a number behind him who still see him as useful, whose interests are not ours. Otherwise they would act?
This point from @ldfreedman.bsky.social (who's been in Washington this week) is key.
Out of malice and stupidity the Trump administration has destroyed its own decision-making capabilities.
Britain sold £300 million of 30-year gilts today at a tender, paying investors the highest return for this type of bond since May 1998 (including regular auctions).
Tiny sale so not hugely significant in that sense.
But a tangible sign of the potential cost of the Iran War on debt issuance?
“Fascism does not, generally speaking, believe in the possibility or utility of perpetual peace...War alone keys up all human energies to their maximum tension and sets the seal of nobility on those peoples who have the courage to face it.” The Doctrine of Fascism, 1932.
A tax barrister sued me personally for £8m for libel after we linked him to a tax avoidance scheme.
Today the High Court struck out the claim, granted summary judgment, and ruled it was a SLAPP. The judgment is highly critical.
Anyone who wants Britain to join the war in Iran needs their head examined open.substack.com/pub/iandunt/...
FT comments section this morning - saying what everyone else is thinking, right?
The first part of the statement covering background and what has happened.
Bonds are no port in this storm, as inflation fears intensify
“We are seeing bonds again failing to provide protection against risk-off events, even as gold delivers,” said one HF investor
www.ft.com/content/b4ad...
If you haven’t read it, Hillary Clinton’s opening statement is powerful stuff.
open.substack.com/pub/borowitz...
Fantastic photo. Love them. See one or two who roam the hills at top of our road. They appear close to the main roads from time to time.
Though the much larger Red Kites have also become quite a common site too. If you look.
It affects me massively.
Without it there is no one to care for my father in law who has dementia.
And insufficient staff to pay for my state pension when it starts in near future.
And my father’s death last year would have been a whole lot worse without the staffing of NHS that relies on them.
My mother in law didn’t speak any English until she was 18. But she did speak Welsh. I see the census has 161,000 in England and Wales don’t speak any English.
Farage's lies about people not speaking English factchecked here.
NB Farage also claimed that "four million speak barely passable English" - this too is a lie.
www.bbc.co.uk/news/live/c1...
Illustration showing a side profile of a human head with red, branching blood vessels extending through the brain and face against a red background. Text below reads: “Why covid-19 is ‘a vascular disease masquerading as a respiratory one’.”
Why COVID-19 is “a vascular disease masquerading as a respiratory one”
“The virus enters through the airways but exerts its systemic effects through the vasculature, the common denominator in the lungs, heart, kidneys, and brain,” Benest tells The BMJ.
Source: www.bmj.com/content/392/...
“The climate scientists we surveyed were unambiguous: current economic models can’t capture what matters most – the cascading failures and compounding shocks that define climate risk in a warmer world – and could undermine the very foundations of economic growth.”
I agree with the piece that's what the balance sheet hysterics are about. It's about deregulating the financial sector a lot. If I recall correctly, it was Main Street who got slammed the last time they went overboard with that.
The age of reason. (?)
What was the amount he needed to pay to HMRC subsequent to having been found to be careless with his tax affairs? Was it c£5m including any penalties? Past news feeds seem to say so.
Then perhaps could be a chain of events across other hospitals as they work out the impact of those new allocations on their own functionality.
So perhaps about how some in the NHS try to maximise their resources, and how that plays out under stress? And the media would just take it at face value?
Is perhaps the answer just a simple one. It was about budgets for hospitals. And then the media exaggerated the position, for whatever reasons they may have. Eg Birmingham hospitals called a critical incident. This, I think, puts in play different resource allocations for them at a crucial time.
Prof Helen Thompson (Cambridge) on @BBCRadio4 today - and I paraphrase:
This is not about oil.
It's about AI.
This is the first of AI wars between the big powers due to the sector's huge demand for energy....
I am not an expert is international diplomacy, by any stretch, but the current argument sweeping Bsky, that "the UK gov't must demonstrate it recognises just how aggressive, dangerous, and unpredictable Trump's US has become, by poking Trump publicly in the eye" is not entirely rational.
Trump's actions in Venezuela shows why it was wrong to dismiss his threats to Greenland. If he's willing to do this, he will be willing to do anything
Un ataque militar unilateral para vulnerar la soberanía de un país es injustificable, sea en Palestina, Ucrania o Venezuela. Hay que volver urgentemente al derecho internacional y a un mundo basado en reglas, diálogo y cooperación.
A female Sparrowhawk in flight at eye level showing her yellow eye and feet
I was thrilled to get this photo of a female Sparrowhawk as it shot through RSPB Greylake this lunchtime! 😍😊🐦
#Birds 🪶