Marc Davies

Journalist in NYC

[Bloomberg @business]

Styling sessions at Fekkai, the upscale salon on Fifth Avenue founded by French stylist Frédéric Fekkai, were organized for people across Epstein’s orbit. https://t.co/cGyS4RkpKT

[Bloomberg @business]

After ten months of war, Gaza is buried under 42 million tonnes of debris. With US-backed ceasefire talks restarting in Doha, calls to rebuild the Strip are becoming louder https://t.co/E8cW26o4cL

[Bloomberg UK @BloombergUK]

NEW: Soaring costs, safety concerns and noise complaints are strangling pubs and nightclubs in cities across the world

For many, one of the most striking examples of this trend is London https://t.co/vBbtssDF7T

[Marc Davies @MarcDDavies]

@MarksSimon @BloombergAfrica Congrats Simon!

[John Burn-Murdoch @jburnmurdoch]

Potentially useful chart for understanding why bits of concrete are falling from the ceilings of British schools https://t.co/hHxctI0ccO

[Marc Davies @MarcDDavies]

🇸🇩 “There will be a massive refugee population created out of this if the fighting continues."

@KholoodKhair in Khartoum and @MarksSimon speak on the deteriorating prognosis for peace in Sudan in today's Next Africa🎙️. #sudan_update #SudanClashes

https://t.co/B7hAoMvdE4

[Marc Davies @MarcDDavies]

🇳🇬 “Nigeria is on the brink.”
“A loss of hope… and pride.”

The winner of #NigeriaDecides2023 this weekend will inherit a litany of crises: soaring inflation, a crumbling Naira, insecurity, corruption.

🎙️@ChiomaChuka, @osaeB & @WTBClowes weigh in: https://t.co/hekiTh0JsS

[Michael Marchant @MikeMarchant13]

First Bain and now McKinsey. Perhaps at long last Management Consultancies will face a reckoning! This is such important news and excellent that the @NPA_Prosecutes has included a high profile corporate player in state capture in the Transnet case. It should be the first of many!

[Pippa Crerar @PippaCrerar]

An awkward moment.

BBC Stoke’s @johnacres48 asks Liz Truss about mortgages dwarfing any savings her govt may have made people.

“You’ve done this yourself. This isn’t to do with external forces. This is about your mini budget and what it’s done to the economy”.

Truss: “…….”

[Torsten Bell @TorstenBell]

Worth saying that other advanced economies are managing big fiscal interventions to deal with energy price disaster without blowing themselves up. These are difficult times but with extra care not impossible to navigate

[Adam Payne @adampayne26]

This piece from August, which accused Sunak of “desperate” warnings about what Truss policies could do to the £, is doing the rounds among Conservative MPs, I’m told. Tory source: "Those who only backed Liz for their career are quickly realising the consequences of their actions”

[Sarah O'Connor @sarahoconnor_]

What do Financial Times readers think of the mini-budget? This is the most-recommended comment on our news story:

[mjm @matthewjmclean]

One of the many passages of Hilary Mantel that will never leave. ‘All houses are haunted.’ RIP.

[Dani Burger @daniburgz]

UK market is imploding. Sterling is plunging to its lowest since 1985. Yields are surging higher -- 5 yr set for biggest move on record.

Traders are giving their verdict on Kwartang's budget, and it isn't pretty.

[Carsten Jung @carsjung]

So Kwasi Kwarteng says he wants to lower debt to GDP over time. Together with today's tax cuts budget, this *will* mean future cuts to essential public services.

This will mean not fixing child care, not fixing social care, not fixing education, not investing in net zero.

[Marc Davies @MarcDDavies]

Painters capturing the #BOE and surrounds as interest rates rise by 50bps and my sky-scraping mortgage payments give me palpitations.

[Lucy Meakin @lucy_meakin]

Good Bank of England morning

[Nesrine Malik @NesrineMalik]

Non-declining powers famously need a press to constantly state the fact that they are not declining, call people unpatriotic when they disagree, and accuse the international media of having a vendetta.

[Simon Nixon @Simon_Nixon]

Extraordinary stats. Britain rapidly becoming not just the sick man of Europe but the poor man too...
https://t.co/QLAP8NhKvg