All Labour MPs should be looking at this very carefully.
Potential leadership contenders who reckon that more borrowing and/or (even more) growth unfriendly policies on tax, spend and regulation are the way forward should reflect on it even more carefully.
Very telling remarks from Elvira Nabiullina, Russia's Central Bank Governor:
We have truly never, in the history of modern Russia, lived with such a shortage of labor until now. 1/6
NEW
Cambridge-headquartered tech giant Arm Holdings announces it will manufacture its own AI chips - a significant change after 3 decades of success getting its chip designs in 350 billion devices worldwide - IPhones, cars, data centres etc… partnerships announced with most of the worlds tech giants including OpenAI and Meta. The chips will be specialised for AI use, especially the deployment of “agents”.
CEO Rene Haas tells BBC: "This marks the next phase of Arm’s journey - building on our roots in Cambridge, and the strength of our teams across the UK and around the world…” which puts Arm and the UK at the centre of global AI transformation.
Our latest exclusive on the clearout at the Bank of England.
Lots of senior staff are on the move as shown by 75 getting a £150k payout to leave Threadneedle Street.
https://t.co/cC9gk92zXq
To uprate the state pension by 4.8% and freeze the student loan repayment threshold is one hell of a reveal of the political economy in the UK (and most other DMs).
Amazing, the @DailyMail manages to publish an entire feature bewailing (!!!!) the exodus of Poles from Britain without once mentioning Brexit. Apparently this outcome (which is what it campaigned for in 2016) is all the fault of Keir Starmer. https://t.co/dkTV2HOxI9
The EU intends to shame Britain for the collapsed SAFE negotiations, but bringing in a middling non-European defence actor after making unacceptable demands of Europe's most important defence player is a shallow victory. You can't talk 'wake-up calls' and revert to old habits.
Don’t say you weren’t warned.
New poll suggests Jordan Bardella would win second round of 🇫🇷 presidential election against any other of four tested candidates ⬇️
In 2000, UK top 10% incomes were no 3 in the world, but they’ve since gradually fallen and are now behind the rest of the Anglosphere and northwestern Europe; just above Spain and Italy.