NEW from me and @Sam_Dumitriu: how we can choose growth.
Eleven politically-viable ways the Labour government can start to reverse Britain's decline and make Britain prosper again.
Rachel Reeves's first Budget:
Tax
* Employers' NI up 1-2 percentage points, threshold lowered from £9,100 - raises £20bn
* Income tax threshold freeze extended to 2030 - raises £3.5bn a year
* CGT on shares increased from current higher rate of 20% to around 24% - raises 'low billions'
* Inheritance tax loopholes closed - raises around £3bn
* Private schools face VAT on school fees - raises around £1.5bn
* Non-dom loopholes closed
* Increase in tax rate on private equity investors
Spending
* Change to fiscal rules freeing up to £50bn for spending on rail, road and green technology
* NHS budget boost of around £10bn over 2 years - NHS leaders question if it will be enough
* Defence gets £3bn boost - but overall spending could still fall as proportion of GDP
* Housing - £500m fund for initial 5,000 extra council houses
* Transport - Reeves to give go-ahead to bringing HS2 to Euston
* Minimum wage rises by 6.7%, taking hourly pay from £11.44 to at least £12.21. Cost met by employers
https://t.co/5itShbVnHY
I truly think Jamaicans are the most fascinating people on earth.
In today’s episode: Insanely fit J’can man working out with a spliff in his mouth and alcohol in one hand. 🤣🤣
I am seeking an apprentice.
Requirements are:
•High IQ, high EQ
•Love for tech and capitalism
•High agency and low ego
•Taste
•Discretion
•A working cringe detector
•Instinct for narrative
•Strong writing ability
•Risk tolerance
•Immaculate vibes
•High-functioning workaholism
We share the philosophy of George C. Marshall, who sought these traits in new generals:
•Character
•Loyalty
•Courage to stand and fight
•Youthful vigor
•Unconventional backgrounds
•Physical fitness
If this resonates, read on:
You would join our team of three at Rostra, where we help founders go direct with their communications. That means advancing their strategic goals, from hiring to securing partnerships to raising money. We go beyond traditional comms in both tactics and scope, and we look for creative solutions to hard problems.
You don’t have to be able to do all this on day 1, but if you come here and give us your best effort, we will train you to become an indispensable partner to some of the world’s greatest founders.
I would mentor you and we would learn together. We’re here to increase shareholder value, not explore our feelings, so please don’t bring your whole self to work. That said, you would get direct feedback and lots of support, and you’d be joining an extremely talent-dense team.
You’ll have the opportunity to do fun and challenging work, while helping us build this company from the ground up.
Comms experience is not needed nor particularly desired, but it’s not a dealbreaker. The start date is flexible; we’re only hiring one person and will gladly wait for the right one.
If interested, please go here:
https://t.co/p510pV4ZmC
i've been hearing @dylanmatt talk about the state department bureau of intelligence and research for literally over a decade. they're the one intelligence agency that gets the big calls right. read about how they do it https://t.co/8tv5DbpJ28
A timely article in hindsight re: the succession battle between Mojtaba Khamenei, son of the supreme leader, and President Ebrahim Rasi. Worth a read given the news today.
🚨🚨🚨Hiring Alert!! Business Insider is hiring a Senior Editor to lead the VC, Startups and Tech team in the UK. A rare opportunity for a highly experienced tech editor to join Business Insider’s stellar newsroom. 🧵
New by me —>
A new kind of activist journalism: Hunterbrook (@hntrbrkmedia) is a combination newsroom/hedge fund (!!!) that wants to investigate corporations — and make bank shorting their stock before publication.
(Their first story is really good!)
https://t.co/FZl0mwK0TO
We are excited to announce the official ABS capsule collection! Flaunt your love of statistics with our limited edition hats, bags and hoodies, or show off around the office with the ABS-branded mug. Use code Census10 for 10% off. Hurry while stocks last!! https://t.co/oSxtaLth1f
a16z just released an enterprise AI report after speaking to dozens of Fortune 500 companies.
Thanks @sarahdingwang for this.
Here are 8 insightful slides:
1. For production use cases, OpenAI still has dominant market share.
🤝 @Accel have backed more EMEA unicorns at Series A than any other fund.
The EMEA investor ranking reports crunches the numbers on over 10k investors active in EMEA, startup growth rates, and outcomes.
https://t.co/dIN1MW3UIu