Geopolitics: “Just for a change, there’s a bunch of tension in the Middle East, which is constraining oil and gas production right as we head into winter…”
Markets: “Yup, hey YOOKAY seeing as you have totally ballsed-up your preparation for such an event, here is some external energy inflation right when you need it least”
MPC: “duhhhh you said *inflation*, that bad, we have totally random 2% target from economy of 2003, so rates go up now”
Markets: “if you do that borrowing costs will break your economy”
MPC: “yes and bring down imported inflation, right?”
Markets: “no, that won’t work”
Andrew Bailey:
We are very proud to now make the announcement that former SDP leader William Clouston, joins GBTT's Academic Advisory Council as one of the founding members.
Four-time parliamentary candidate. 35 years in planning. @WilliamClouston has spent years trying to build policy, not commenting on it from the sidelines.
"Exactly what we want the Council to represent." - Damian Pudner, Director
Remarkable story in Telegraph revealing just how useless recent Tory governments were:
A secret Whitehall report found that more than £28bn in foreign aid and Covid-19 loans was handed to terrorists, hostile states and gangsters!
The misappropriation of taxpayer funds from 2015 to 2021, includes millions sent to the Islamic State and Russia.
Those responsible remain unpunished and the dossier was buried to spare official embarrassment.
In the early 90s we had a chap by the name of Gavin on the desk. He had discovered Buddhism during a fortnight in Goa.
He'd drift up from behind while you were nursing some horrific unprofitable position and thoughtfully share a Zen aphorism or two.
"You are not the trade and the trade is not you."
"Every trade is a breath. You watch it come in and you watch it go out."
Extraordinarily irritating fellow.
Anyway. One day in 1994, the bond market turned and Gavin was on the wrong side of it. With size.
For two days he sat very still and said nothing.
On the third morning Pennyworth sidled up behind him:
"Is this the bit where we watch it go out, Gavin, or are you still enjoying the coming in?"
Gavin left the next day. He was last seen in a monastery in the hills above Kandy.
If nothing is sacred, everything is for hire.
St Paul’s Cathedral just signed a four-year deal with nightclub Fabric to put DJs under Wren’s dome.
Nelson is buried in the crypt. Wellington too. This is where a nation buried its dead and thanked God it still had a country.
They say the shows are “seated.” They say it’s “engagement.” The Queen’s former chaplain called it apostasy. Nelson’s family called it an insult to his memory.
A church that rents the nave to a club that once lost its license after teenagers died on the premises is not “reaching a new audience.” It is admitting it no longer knows what the building is for.
This is getting out of order now. £165 to sit in the Hollies. In 2015 I paid £55 to sit in The Hollies. How is a 300% price rise justifiable in 11 years? £80 in 2018. @MichaelVaughan
is spot on here. I will be discussing it later with the BBC.
https://t.co/kbaqwkhORl
This is the consequences of offshoring, that ridiculous trade deal with India, sky high taxes on employers, the hyperinflation of degrees and deindustrialisation.
The future has been sold out over and over again.
Well said Ian Botham:
“Whitehall is turning England into a tinderbox. Defra’s response to climate change has been to sharply increase vegetation. Over the past 20 years its cuts in upland cattle and sheep grazing led to a 25 per cent increase in highly flammable grass.
Another genius move has been to stop preventative burning of heather. During damp winter months these burns safely prune the dead material which is then replaced by younger plants. It is the dead heather that is combustible. And thanks to Defra we now have 74 per cent more of it. The winter burns used to create firebreaks. Now we have huge expanses of continuous, ageing vegetation. The result is disaster after disaster.
When Downing Street starts asking questions of Defra, jaws will drop. Why did it further restrict winter burns despite the National Fire Chiefs Council warning this risked the lives of "firefighters and the public"? How come it also ignored the pleading of top wildfire scientists not to go ahead?
In 2007, officials said that stopping winter burns would produce "a much increased risk" of wildfires. Which is exactly what we are getting. Rewilded land going up in smoke.
Other countries have learnt the hard way. Australia and California tried suppressing the prescribed burns that indigenous people had used for tens of thousands of years. By some calculations, dozens died before their governments saw sense. What will it take for ours to wake up?
This is a crisis caused by years of Whitehall grabbing power away from the countryside.”
The Burnham era is taking shape. Grab as much low-hanging fruit as possible and avoid the big macroeconomic, demographic and cultural problems that are sinking the country.
(Yes I know this is satire… Well, I think it is).
People argue about what size the state should be, but we ask what it's responsible for.
When you think of it like that, it becomes really simple:
✅ maintain the pitch
❌ don’t play on it
A serious economy needs a competent state: one that keeps the ground in order, the pitch playable and applies the rules fairly.
If you do that, then the people of Britain can play the game their own way. Raising a family. Building a business. Just getting on with your life.
What we’ve had recently is the opposite. We’ve had governments who
• let the pitch turn to mud
• asset-strip the stadium
• try to tell you how to play the game
So it makes perfect sense that some people want less government - they've watched it done badly for decades.
And it makes perfect sense that some people want more government - they've been left trying to play on a bog.
But a state that doesn't know its job - and doesn't do it for good of the nation - will do it badly at any size.
The issue is competency, not size.
Many of us were dispirited by Farage handing the establishment an open goal in Clacton. It allowed the establishment to hoot and guffaw at the prospect of a humiliating faceoff with Binface -- caring nothing about how it turns British politics into an simperingly embarrassing farce or what it means for the people of Clacton's ability to choose a future. Well, here's an antidote. A thoughtful, patriotic leader of a party with a serious policy platform is willing to do what the mainstream parties, to their great shame, aren't: give the people of Clacton a choice.
The @SDPhq is a small, underfunded party (and who is surprised that they're underfunded, given they offer detailed, carefully considered, sometimes painful proposals for a proper reformation of the system of systems that is the British state and economy, and worse, ones that actually fit well with what the electorate want? Who wants that? Just the People.) But even if you disagree with the policy platform, it is undeniable that they are willing to do the right thing and actually take the problems facing Britain seriously, do the hard yards of producing solutions, and then have the bravery to pin their colours to these solutions even if they mean unpleasant tradeoffs. Isn't that what political parties should do? Surely giving the people of Clacton and, by extension of the media coverage of this by-election, Britons more broadly an opportunity to see such a platform is a good thing.
I am fairly certain that the establishment (by which in this case I mean the legacy media and political class), in all their smug denial of the issues and refusal to countenance an alternative way forward, will do their best to ignore this real choice. We should therefore do our best to ensure that people are aware it at least exists, even if we don't agree with everything Mr Clouston and his SDP says.
There is great potential in this country, but we must give it a chance to breathe. Repost tweets. Tag podcast hosts and news presenters. Get the word out. It costs you ten seconds every day to make a difference. Make British Politics Serious Again.
@AaronBastani@PeterMcCormack@MrWinMarshall@PatrickChristys
William Clouston (@WilliamClouston), SDP, is standing to give the people of Clacton full and fair debate. 👇
@UKLabour won't serve Clacton.
@Conservatives won't serve Clacton.
@LibDems won't serve Clacton.
@TheGreenParty won't serve Clacton.
We will.
Keir Starmer — ever a man of his word til the end.
In June 2023 he explicitly ruled out ever indulging in a resignation honours list (BBC Radio 4 Today).
Today he’s marked his resignation with 21 peerages, overwhelmingly public-sector/legal jobsworths. Barely a single wealth creator among them.
Classic line up of the New Establishment which has run the country under Labour and Tory governments for the past three decades and is now firmly in control. Largely (if not entirely) with the following characteristics:
*Career almost entirely in public sector, often taking salaries from several sinecures at once as they work up the greasy taxpayer-funded pole.
*Associated with various ‘right-on’ causes.
*Largely middle class, London chattering class, Oxbridge well represented (of course).
*Fashionable left but not too left. Good mainstream Labour links.
Thus is the antediluvian House of Lords perpetuated by the Left as well as the Right as a comfortable state-funded retirement home for the well-connected ‘good and great’ past their sell-by date — when it should simply be abolished.