🚨 Financial Times’ @katie_martin_fx delivers a sobering verdict on Brexit.
On referendum night, sterling collapsed from around $1.50 to $1.20.
“It has never recovered.”
Her conclusion?
That tells you how international investors now view the UK. Foreign capital is harder to attract, government borrowing is hugely more expensive, and Britain has diverged from stronger-performing economies.
The good news? She says the best hope for reversing the trend is a meaningful rapprochement with Europe.
Only rebuilding our relationship with Europe can reverse the decline.
Seeing some of the embarrassingly hateful reactions to Starmer's resignation today, I thought it was worth resharing this.
The level of personal hostility directed at Keir Starmer deserves scrutiny in its own right. Not because he should be immune from criticism, but because the tone and intensity of the attacks tell us something unhealthy about the state of democratic politics.
Starmer is a conventional political figure. Cautious, legalistic, incremental. He frustrates people precisely because he is managerial rather than messianic. Yet the reaction to him often goes far beyond disagreement, tipping into visceral hatred more commonly reserved for authoritarians or demagogues.
Much of this hostility is disconnected from concrete policy. It is not about specific votes, proposals or outcomes, but about projection. A belief that Starmer embodies betrayal, bad faith or hidden malice. That kind of politics runs on suspicion rather than evidence.
This matters because democracy depends on the assumption of good faith among opponents. You can think a leader is wrong, timid, or misguided without believing they are fundamentally illegitimate. Once politics becomes moralised to the point of demonisation, compromise is reframed as treachery and pluralism as weakness.
The pattern is familiar. In fragmented, polarised systems, anger concentrates not on extremists, whose intentions are clear, but on moderates, who disappoint maximalists on all sides. The centre becomes the lightning rod precisely because it resists totalising narratives.
There is also a media and online dynamic at work. Incentives reward outrage, not proportionality. Algorithms favour contempt over analysis. Over time, this creates a political culture in which relentless personal attack feels normal, even virtuous, rather than disgusting.
None of this is a defence of Starmer’s decisions, instincts or record. Those should be argued over robustly as you do in a democracy. The problem is the substitution of critique with hostility and the quiet erosion of democratic norms that follows when political opponents are treated as enemies rather than rivals.
A democracy cannot function if every election is framed as an existential struggle against internal evil. At some point, the target may change, but the damage to trust, restraint and culture remains.
If Keir Starmer does resign, history will look back on his reign and scratch its head as to why the hell he was so hated.
On paper, he's probably delivered more to working British people in such a short time than any PM for decades.
After inheriting an absolute mess: NHS waiting lists fallen. Worker's rights improved. Rail operators nationalised. Improved relations with EU and improved UK's global reputation. Removed non-dom tax status. Halved childcare costs. Boosted state pensions. Lowest homicide rate in 50 years. Lifted 550k children out of poverty. Immigration vastly reduced.
We are in the age of billionaire funded misinformation, whose sole purpose is to topple democratically elected leaders, and insert leadership that favours the wealthy elites over the working people. Looks like the game plan is working...
Trump is making America smaller, poorer, uglier, and harder to trust.
He is turning the United States into a country people think twice about visiting, studying in, investing in, or building a future in. And the consequences do not land on him. They land on everyone else.
They land in fewer shifts, fewer jobs, fewer new businesses, fewer raises, emptier main streets, weaker local economies, and higher prices.
Fewer tourists hit hotels, restaurants, bars, and shops. Fewer students hit college towns and the people who depend on them. Less investment means fewer factories, fewer offices, fewer expansions, and fewer paychecks. Tariffs, instability, and constant chaos make everything more expensive and everything more fragile.
And no, this does not just hurt liberals in blue cities. It hits waitresses in red states, hotel workers in Florida, mechanics, truckers, restaurant owners, construction workers, landlords near campuses, and every family already stretched thin.
Trump is not making America great. He is making it toxic, isolated, and poorer. And his own voters will pay for that too.
🚨💪HELL YEAHHH: A reporter just did what every journalist in that room should be doing.
@ShawnMcCreesh looked the President of the United States in the eye and said:
“You suggested Iran bombed its own elementary school with a missile only America sells. You are the only person in your government saying this. Why?”
Trump’s response: “Whatever the report shows, I’m willing to live with it.”
🔥🔥
165 girls. Ages 7-12.
That’s what accountability journalism looks like.
Not softball questions. Not access journalism. Not protecting your White House credential.
Going for the jugular on behalf of dead children.
Remember that name: @ShawnMcCreesh.
That’s how it’s done.
Leaving the ECHR will not allow you to deport all Asylum Seekers, you can't deport a person without the other country accepting them.
But it will allow the State Pension, Minimum Wage, Paid Holiday, Max Working Hours, Maternity Leave and much more to be cancelled.
BREAKING: America was just mocked In London today.
Actor Vanessa Williams was performing the Star-Spangled Banner before the Memphis Grizzlies faced the Orlando Magic at the O2 Arena.
Someone yells, "leave Greenland alone!" and the crowd breaks out and applause. Trump is making the world hate America. We are becoming a mockery.