This is a very pertinent series of points made by @FraserNelson in his most recent column. Reform are entitled to be super-pro-crypto and they may even be right about being so. Still, it's difficult to avoid joining the dots here...
There is only one “change” that will work for Burnham. A genuine, relentless focus on growth.
Two decades without earnings growth. That’s why electorate is fed up.
Only growth will repair contract between generations and allow social ills to be tackled
https://t.co/2H68i2d0JG
This kind of analysis is much needed in the UK context. Because most of the cost of new renewables is transmission and other infrastructure, more demand can *reduce* the cost of energy for households.
As @freddie_poser & I have written for @BritishProgress, more data centres could pay for grid decarbonisation, and potentially reduce bills for ordinary households: https://t.co/60KOgRPAsG
🚨NEW: Britain spends a third more on transport infrastructure than its peers, but because of high construction costs ends up with a 5th less.
Britain has a 65% cost premium compared to peers like France, Germany, and Spain. In other words, the UK needs to spend £1.65 to get what a £1 buys elsewhere.
If Britain’s cost-premium over European peers was eliminated, our £21bn of annual investment (average 2015-2023) in transport infrastructure would secure 65% more infrastructure per pound spent.
Over the course of a Parliament, Britain would, in effect, have £41.5bn more of actual transport infrastructure for the amount it already spends.
Here’s an idea of what £41.5bn could fund:
- 🚋Trams for Leeds, Bristol, Cardiff, Leicester, Coventry, Plymouth + a Southampton–Portsmouth line (plus 20 miles worth of extensions to existing systems): £13.1bn at £87m/ mile
- 🚟 190 miles of rail electrification per year: £5bn
- 🚅Major rail bottlenecks fixed in Manchester (Castlefield Corridor) and the South East (Croydon Area Remodelling Scheme): £12.9
- 🚘Major road schemes revived include dualling the A1, A120 Braintree–A12, A303, A358, Arundel Bypass, Acle Straight dualling and a Third Menai Crossing (£10.5bn)
What do you think we should fund if we eliminated the cost premium and had an extra £41.5bn to spend?
Read the full @BritainRemade /@BritishProgress paper: https://t.co/cUn63iTfTO
@RealTolmie Can't be getting rid of Reinjdeers, kova, and Gonzales while losing Bernie in one summer. Too much to do with getting a right back, and hopefully a savinho replacement.
Centurion.
Domestic quadruple.
The Treble.
20 trophies in 10 years.
First to win four PL titles in a row.
Most points in a PL season.
Most wins in a PL season.
Most PL games won in a row.
Most goals in a PL season.
The greatest of all time.
King.
Pep.
WOW: London is printing unicorns at will 🦄
3x ahead of Paris and 5x ahead of Stockholm.
If anyone was having doubts, it's clear that London is the AI capital of Europe.
Let's go 🚀
Less than 40 years ago Poland was a communist state.
These were the rations people were provided with.
Now they are on track to overtake us.
Decline is a choice. So is growth.
Which one did we choose?
Problem: The older generations worked and lived beyond their means, saddling the younger generations with huge debt servicing bill, and they still will vote for pay rises paid for by ???
🚨 WATCH: Nigel Farage formally commits to the state pension triple lock if Reform UK win the next election
"The people to whom pensions are being paid, certainly compared to a younger generation today, are those who have actually worked and paid into the system"
For anyone who would like to hear Mark Carney’s outstanding Davos speech in full here it is. This is what true global leadership looks like.
Canada should be immensely proud today, because they are leading the fight back when others dare not.
🎥 TikTok - https://t.co/BExGV2YIDq
Congress could stop this madness tomorrow. It could take back control of trade policy and cancel the tariffs. It could bring impeachment proceedings on the impeccable grounds that the president has plainly lost his mind. No one who is compos mentis writes as he just did to the Norwegian leader.
The Founders knew what they were doing when they gave Congress these powers. They were obsessed with the story of how the Roman Republic had ended. They were determined to prevent the rise of what they called “Caesarists”, meaning men who believed that their ambitions were bigger than the Constitution. They knew how difficult it was to remove such men once they were in office, surrounded by flatterers and sycophants.
There was a moment, following the assassination of Caligula, when the Roman Senate might have restored the Republic. Senators spoke movingly of “the mischiefs tyrannies have brought upon this commonwealth, discouraging virtue, depriving our leading men of their liberty, elevating flattery and slavish fear, and replacing the rule of law with the whims of those who govern”.
Had they acted decisively, they might have ended the imperial system. “It would be enough to live a single hour under our old laws,” declared one senator, “the laws that raised our nation to greatness”.
But when news came that a new emperor had been proclaimed, senators rushed to declare their loyalty to him. Rome returned to its dictatorial executive, its obsequious legislature and its bellicose foreign policy.
How many Congressmen today will make a stand for their old laws, the laws that raised their nation to greatness?
@lfg_uk Policies to either stabilise the lives of those who can't deal with disruption. Or state pension (and other benefits) increases could be linked to growth, or wages only, so they're as vulnerable to inflation and decline as the rest of the population. Obvs, would need a safety net