Tom Boadle

Senior News Editor @SkyNews | running the business and economics desk | tweets auto-delete

[Mark Kleinman @MarkKleinmanSky]

Revealed: BP chairman Albert Manifold's "executive" style and "volatile" outbursts towards colleagues were the main reasons for the London-listed oil giant's decision to part company with yet another top board member - a move which has dismayed investors. https://t.co/IdFiTtDFQm

[Tom Boadle @TomBoadle]

@GuyHardingBC @EdConwaySky @57deacon About time @Allbirds made Ed a brand ambassador

[Mark Kleinman @MarkKleinmanSky]

EXCLUSIVE: Rachel Reeves will next week scrap parts of the bank ring-fencing regime introduced after the 2008 financial crisis, with reforms aimed at freeing up billions of pounds of extra lending as the government urgently seeks ways to boost the economy. https://t.co/yBDHHH76kp

[Tom Boadle @TomBoadle]

First Health Secretary to resign on the same day that NHS data showed waiting lists have fallen to target?

[Tom Boadle @TomBoadle]

@Frencheconomics Great chart Simon. Hope you don't mind if I borrow that for use on Sky News this morning! Will credit Panmure Liberum

[Tom Boadle @TomBoadle]

“the benefits of economic growth”

There’s been barely any economic growth. That’s the problem

GDP increased by 1.4% in 2025 and 1.1% in 2024

[Angela Rayner @AngelaRayner]

Our party has suffered a historic defeat.

Many good Labour colleagues have lost their seats despite working hard for those they represented. We have lost good Labour administrations and lost the chance for more.

What we are doing isn’t working, and it needs to change. This may be our last chance.

The Labour Party must now live up to our name: we must be the party of working people.

We’ve heard the same on the doorstep as we’ve seen in the polls - the cost of living is the top issue for voters of all parties. People have turned to populists and nationalists because we have not done enough to fix it.

Living standards are barely higher than they were a decade and a half ago. People feel hopeless - that the cost of living crisis will never end, and now they see oil and gas companies use global instability to post record profits.

Once again, ordinary people are paying the price for decisions they didn’t make. It’s no wonder that across the UK, working people feel the system is rigged against them.

Things can be so much better than this. Countries including Spain and Canada have shown that economies can grow and people can thrive when governments stay true to labour and social democratic values and put people first. We need to learn from that.

In London, we lost young people who fear they will never afford a home. In my patch and across the north, we lost working people whose wages are too low and costs too high. In Scotland and Wales, people do not currently see Labour as the answer. 

We are in danger of becoming a party of the well-off, not working people.

The Peter Mandelson scandal showed a toxic culture of cronyism. 

Decisions like cutting winter fuel allowance just weren’t what people expected from a Labour government.

For too long, successive governments have allowed wealth and power to concentrate at the top without a plan to ensure the benefits of economic growth are shared fairly. The result is an economy that does not work for the majority, with wealth concentrated in too few hands. This level of inequality, alongside squeezed living standards, is the outcome of a model built on deregulation, privatisation, and trickle-down economics.

But we have the chance to fix this. 

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[Ed Conway @EdConwaySky]

🎥INSIDE THE PERMIAN

We spent months working on this - on one of the most important stories in the world right now:
A revolution in American energy.
With MASSIVE consequences

🛢️More to say on this soon...
But in the meantime please watch & share👇
https://t.co/Xz57p2d6zR

[Kevin Pietersen🦏 @KP24]

A fascinating and brilliantly put together piece about energy right now for the UK.
The final part about US & UK relations is eye opening.

[Ed Conway @EdConwaySky]

📽️THE TANKER
There's an extraordinary race underway on the high seas, as nations vie to secure increasingly scarce shipments of fuel.
In our latest on the economics of this conflict we track one such ship & ask: why is Britain so exposed?
The answer is not v reassuring.
Watch👇

[Tom Boadle @TomBoadle]

📈 Food inflation will hit 9% by the end of the year, acc to @Foodanddrinkfed

The striking thing about the forecast is it assumes the Strait of Hormuz opens within 2-3 weeks and energy production is normalised within a year

That feels like a best case scenario right now

[Tom Boadle @TomBoadle]

Diesel prices are soaring, but why?

A must-watch for anyone who relies on diesel in the UK. That’s everyone who lives here btw.

[Ed Conway @EdConwaySky]

📽️ WHY are diesel prices rising so fast?
Well, partly because this is the worst oil supply shock in modern history.
And partly because of an obscure decision taken by politicians decades ago.
My latest mega primer on the economic consequences of war in the Gulf👇

[Sky News @SkyNews]

'It's a really serious situation': Warning food prices are set to spike in the UK

Read more 🔗 https://t.co/PIQTP4vio1

[Paul Kelso @pkelso]

Soaring oil and gas prices caused by the Iran war are already pushing up bills, but fertiliser is the third energy price shock and could be baking in food inflation. A short film on the challenge facing British producers, farmers and growers https://t.co/V9nIO6wRAg

[Tom Boadle @TomBoadle]

🎢 Oil price down sharply. FTSE 100 bouncing back. UK gilt yields down. Interest rate expectations lower.

It's Trump's world, we're all just living in it...

[Tom Boadle @TomBoadle]

NEW: Investors are now pricing in FOUR interest rate rises from the Bank of England this year. Financial markets now imply the Bank Rate will reach 4.75% by the end of the year.

[Paul Kelso @pkelso]

Student loans explained: Why are they controversial, so expensive, and how come so many graduates will never pay them back https://t.co/9BSsUhWJfI

[Ed Conway @EdConwaySky]

📽️ There have been many scary, unnerving days in this latest Gulf war.
But the past 24 hours was particularly bad.
Why? Because both sides are now causing lasting damage to the world economy's life support system.
Our latest primer on the econ consequences of this war👇

[Tom Boadle @TomBoadle]

Trump furiously trying to close Pandora’s box after he opened it

[The White House @WhiteHouse]

Statement from President Trump on South Pars Gas Field:

[Tom Boadle @TomBoadle]

Things are headed sharply in the wrong direction again but gas prices remain well below their post-Ukraine invasion peaks

[Tom Boadle @TomBoadle]

UK wholesale gas prices have spiked again this morning. Up more than 20% off the back of Israeli attacks on key Iranian LNG facilities and then Iranian attacks on key Qatar's LNG faciltiies