economicshelp

- helping to simplify economics.

[economicshelp @economicshelp]

https://t.co/Oze6I8zsWF Tax other people please

[economicshelp @economicshelp]

https://t.co/UKnGVw6x9C But Wall Street analysts include SBC in their analysis, bumping that number up to $5.8 trillion. That, says Burry, leaves an "earnings illusion" of $1.7 trillion.

[economicshelp @economicshelp]

https://t.co/KnsoilwBbv

[economicshelp @economicshelp]

Why Uk phones increasing in price more than Europe? https://t.co/SCmgsZrgG9

[economicshelp @economicshelp]

@RaoulRuparel Biggest driver of welfare spending in future is pension spending. Though health related benefits are forecast to rise too.

[Steve Loftus @LoftusSteve]

This is the chef's kiss of Reform policy ideas.

The perfect example of public appeal vs retarded policy. Which is really what Reform is all about.

There are so many ways this would will be abused or backfire so I will list them all.

1. I said last night, company directors/owners will suddenly be earning 60 hours weeks every week (but not really).

2. Employee collusion - Business convert salaried roles to lower rate hourly pay, but pays fake "overtime". The employee gets more take home pay but the employer's payroll costs reduce.

3. Diversion - Many jobs don't pay overtime. Teachers for example. If they did, we'd be bankrupt. Why go into teaching on £35k a year when you could earn that on less hours with overtime elsewhere?

Efficiently run company don't have overtime opportunities at all, making them less attractive than those that do.

4. Unfair advantage - Let's say your a small landscaping company employing 5 guys by gaming the system above. You have an unfair advantage over the bigger company playing by the rules. Jobs will be lost as smaller, less scrupulous companies gain advantage over those that play by the rules.

5. It shrinks the job market - Offering overtime becomes a recruitment advantage. In which case employing 5 people to do a job with overtime is better than employing 6 with none.

6. It can shrink productivity - It's now in your interest to stretch your workload over more hours or game the system. Which means more hours worked for the same production.

7. If you think the answer is that there will be increased compliance enforcement and auditing from an already overwhelmed HMRC when Reform want to cut the civil service I'm afraid you're mistaken.

[economicshelp @economicshelp]

“I mean, Labour had a so-called costed manifesto with £6bn or £7bn of tax rises in it,” https://t.co/FTlhC54sQi

[economicshelp @economicshelp]

Be wary of economic statistics. https://t.co/XHaC7n15E7

[economicshelp @economicshelp]

@AzizSunderji workers from home do more scrolling of twitter

[economicshelp @economicshelp]

Good news. The UK Energy Research Centre, estimates the % of time that gas prices set the electricity price will fall from 90%to 60% over the next three years. https://t.co/jCYP4q5pzt

[economicshelp @economicshelp]

@tejparikh90 @FT link is outdated now. https://t.co/exFoNDdSR2

[economicshelp @economicshelp]

In recent months the stock market has moved directly in the opposite direction to consumer sentiment. But soaring oil prices will only depress consumer sentiment more, but what will shares do next? https://t.co/OvyNO4inpU

[economicshelp @economicshelp]

economic costs of Brexit - 10 years on. https://t.co/JpLfT9k8Ja

[economicshelp @economicshelp]

@leith1076 Another interesting graph

[economicshelp @economicshelp]

https://t.co/Huszyu48J6

[economicshelp @economicshelp]

the Energy & Climate Intelligence Unit found that wind farms cut wholesale (dayahead) electricity prices by approximately 25% in 2024.159

[economicshelp @economicshelp]

The ‘load factor’, % of year in which an asset generated power, was 39% for offshore wind over 2022-24, 26% for onshore wind and 10% for solar. nuclear’s load factor in 2024 was 72%, with the downtime primarily for refuelling and maintenance. https://t.co/KGV8GdoIa9

[economicshelp @economicshelp]

When an activity raises threats of harm to human health or the environment, ...In this context the proponent of an activity, rather than the public, should bear the burden of proof.https://t.co/Ahs1qPaMcO

[economicshelp @economicshelp]

@PJTheEconomist Your link didn't work anymore. https://t.co/C12aPoFyq2