everyone saying "he had me in the first half" when I genuinely thought she was leaving him over this letter because letting a man prioritize a game over his family is crazy
alastair campbell is one of the people responsible for pushing the uk into invading iraq. amongst other things he has the blood of 100s of 1000s of people on his hands and in a just world the only crowd this size he could gather would be that watching his trial in the hague
Liberal democracy in the UK is facing an existential crisis.
Before I elaborate, this is not about party politics. I remain agnostic. After 14 years of Conservative government things are as bad as they have ever been.
If the national debt continues to increase (which unless something fundamentally changes it will) then the interest that we have to pay merely to service this debt makes it almost impossible for us to get our governing system back into balance.
This state of affairs, unless checked can only lead us to oblivion:
1) Taxes continue to increase.
In a few weeks, Labour will push taxes well beyond their previous high-water mark. The average UK family can expect 75-80% (between income tax, VAT, inheritance tax, fuel duty, national insurance, etc) of the money they earn to end up as tax.
2) The level of services that we, as taxpayers, receive in return continues to decline.
Prisons are so full they are releasing dangerous criminals onto our streets and NHS waiting times have never been longer.
3) The national debt burden continues to skyrocket.
As taxpayers, we pay over £100 billion every year (over £300m each day!) just to pay the interest on the money which successive governments have borrowed on our behalf. The level of services we receive will continue to decline rapidly because so much of the tax we pay just goes towards paying the interest on our debt.
4) We are removing incentives at pace.
As taxes surge, there are fewer and fewer incentives in the system for job creators and wealth creators. Quite simply this means they will create businesses, jobs and wealth elsewhere in the world.
Politicians are so keen to throw mud at each other that economic policy becomes conflated with political point scoring. The row over the ‘£22bn black hole in the economy’ is just the most recent example.
We are having political arguments on topics that should not be political. As soon as you politicise arguments which should be grounded in economics you completely lose control financially.
Most political discussions should actually be grounded in economics primarily– with maximising the economic prosperity and wellbeing of UK families being our only north star.
In business first and foremost you need to balance your books, only thereafter do you earn the right to discuss strategic options. The same principle needs to hold true for our governments.
The only possible way out is to entrench a new provision in our constitution that makes it illegal for any government to further increase our national debt during their term in office.
But sadly, this is something that our politicians would never do.
And even if things change dramatically, which seems almost impossible, it may already be too late for the UK.
My most millennial opinion is that captioning your photos with song lyrics will never go out of style. Like that’s a cool quirky fun thing to do and always will be
The most an iced latte should cost in London is £4.50 and if it is £4.50 it should be very good. I just got a horrible one that cost that much in LIVERPOOL!!!!!
Carbon Capture, Utilisation, and Storage (CCUS) technology will remove CO2 emissions before it reaches the atmosphere and store it safely beneath the seabed.
This tried and tested technology has been used across the globe for over 20 years.
We don’t want ur fake jobs for pretend technology that’s never worked at scale you have been swindled by fossil fuel lobbyists promising false solutions to clean power and ur gonna look very silly in 2030 when this has captured precisely zero carbon
A new era for the clean energy industry.
The UK is investing in carbon capture technology in Teesside and Merseyside.
✅ 4,000 new jobs
✅ Accelerate towards net zero
✅ £21.7 billion investment
🧵 How does carbon capture work? Follow the thread.