Does feel sort of mad that a Prime Minister who wasn't even a full ranking cabinet minister at the time of the 2019 election & is 20 points behind in the polls just gets to cancel the country's largest infrastructure project, which his party's manifesto committed to completing
History lesson….
If you take away the leasing activity of the FANG + M (Facebook, Amazon, Netflix, Google, + Microsoft) tenants and WeWork, Class A office absorption was negative between 2015 and 2020. 👀
Interesting times ahead…..
NEW: we need to talk about the dire state of British transport infrastructure.
Of the 52 UK cities with 250k+ people, only 8 (15%) have a tram or metro.
In France & Germany it’s 80%, Poland is on 60%.
Even *American* cities are better served, and the US hates public transit!
NHS: “Overuse of antibiotics means they're becoming less effective and has led to emergence of superbugs"
Mayo Clinic: “MRSA [which killed 100k in 2019] is the result of decades of often unnecessary antibiotic use”
British government: let’s make it easier to overuse antibiotics
My latest for @BloombergNEF: After Ukraine - The Great Energy Price Spike is going to give way to the Great Clean Energy Acceleration.
#GreatCleanEnergyAcceleration
https://t.co/t6JjoXBOan
Wondering why the Conservatives seem to have lost so many voters lately? With a little help from polsci, the @FT's data-wizard, @jburnmurdoch, has one answer for you. https://t.co/3vgSpt0IfX
A long thread on the initial direct & indirect impacts of the chaos in the markets over the past week on UK house building & construction ...
#ukconstruction#construction#ukhousing#housing
The focus on the top translates into a focus on the South (where higher earners disproportionately live).h Households in South East and London gain three times as much on average (£1,600) as those living in Wales, the North East and Yorkshire (£500) next year
when money was free and interest rates were basically zero, the UK destroyed its public services in the pursuit of balanced budgets. Now money is expensive the UK going to borrow lots of it to spend on cutting taxes for rich people 😸
NEW: income inequality in US & UK is so wide that while the richest are very well off, the poorest have a worse standard of living than the poorest in countries like Slovenia https://t.co/gtHvhNsnuT
Essentially, US & UK are poor societies with some very rich people.
A thread:
🧵Queen Elizabeth II, a life in charts.📈
Or rather: some charts about how this country transformed during her reign.
Best place to start: the population. Up 17m since 1952 to just over 67m.
That's a LOT of extra people.
Even more intriguing is what's going on beneath the surface
UK construction materials prices in July 2022 were 24.1% higher than a year earlier according to the ONS, which is lower than in May & June but still higher than when materials shortages were at peak in October 2021 plus...
#ukconstruction#construction
Why are our new build houses so boring? Why don’t we do more for the environment or do more with the designs? A long thread on the mechanics of viability, planning and development: (Part 1)
Putin's next (and final) battle.
(This thread went viral in Russian so I decided to publish an English version as well)
A long thread about what, in my opinion, is Putin's strategy right now, and the last gamble he is making to break Ukraine's resistance.
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