The Office for Budget Responsibility has undermined claims made by government officials that they decided to U-turn on plans to raise income tax because they received an improved fiscal forecast from the watchdog
via our FT Budget live blog:
www.ft.com/content/d0a5...
Minor point. But this is the OBR saying that the briefing about income tax being dropped because of improved forecasts is bollocks.
What do Lady Gaga, billionaire Facebook investor Sean Parker, cigar-smoking rogue financier Florian Homm and #pharma fraudster Martin Shkreli all have in common? My deep dive into an unusual biopharma firm working on a potentially blockbuster product www.ft.com/content/9272... via @alphaville.ft.com
'The government’s “policies that were meant to help working people risk hurting the people they want to help”'
Yet more evidence that increasing tax on firms to take on workers surprisingly isn't encouraging firms to take on workers #NICs #jobs #uk via @financialtimes.com www.ft.com/content/6f92...
I see your "chaos with Miliband" and raise you a "Man Utd would never collapse like Liverpool". www.mirror.co.uk/sport/footba...
Bitcoin Jesus, Hope, Bitcoin Salvation... Why are some crypto advocates so keen to draw on religious language? My latest article for website Seen & Unseen -'Do you believe in a coin called hope? From fiat to faith: the rise of crypto evangelism' www.seenandunseen.com/do-you-belie... #bitcoin #crypto
“Why would a government which has almost certainly lost revenue on its non-dom reforms open up a new front on footloose billionaires?" www.ft.com/content/3357... via @financialtimes.com #nondoms #tax
🚨Delighted to be named Institutional Investment Journalist of the Year at this year's WTW Media Awards this week! Also picking up an award for @financialtimes.com were the talented Claer Barrett and freelancer Moira O'Neill. www.wtwco.com/en-gb/news/2... #journalism
Great piece by Jonathan: "The #NHS doesn’t prescribe, let alone pay for, alternative therapies such as acupuncture, and Nice hasn’t approved some drugs used effectively (often off-label) in other countries. That leaves sufferers with Dr Google, their families and a collection of Facebook groups"
Good note in @stephenkb.bsky.social’s daily email (from Jonathan Eley) on what the NHS does and what it doesn’t do.
This absolutely matches my experience of having a bad knee.
The ancient epigram (penned by Polybius in his "Histories", Book 10, Ch. 31) that kicks off my "The Conservative Party after Brexit" book applies equally to Labour - namely:
"Those who know how to win are much more numerous than those who know how to make proper use of their victories."
SCOOP! Sachin Duggal, founder and "chief wizard" of the now defunct tech unicorn Builder.ai, made $20mn from selling shares in the company
Builder.ai collapsed last month, after raising half a billion dollars, when revenues had to be dramatically restated
With @bondhack.ft.com
on.ft.com/4k8t44A
The winners of Wimbledon this year will walk away with £3mn each. But down the pecking order, for players outside the top 100, just breaking even each week can be a challenge. https://on.ft.com/4kU185J
After months of reporting (and even my own attempt at a jiu jitsu class), my FT Magazine cover story on Mark Zuckerberg’s metamorphosis to red-blooded “Maga Mark” is out!
Is this political expediency, a midlife crisis or who Zuck has been all along?
on.ft.com/4nsoktx
Lars Windhorst’s Tennor Holding, which borrowed billions from investors and was once at the heart of the German financier’s business empire, has been declared bankrupt at the request of Dutch tax authorities
Full story w/ longtime fellow Lars chronicler @cynthiao.bsky.social here: on.ft.com/3HLyjcY
Why has it taken so long to realise this and did the government not think this was bound to happen? #nondoms #tax #rachelreeves www.ft.com/content/ba78... via @financialtimes.com
'"Hope you get cancer," said one message.
Another - laced with expletives - referenced damaging her "grandmother's grave if she's not dead by tomorrow" and "candles and a coffin for your entire family".' www.bbc.co.uk/sport/tennis...
Re: the £22bn #blackhole - 'This “black hole” — as Alphaville also reported in July — was in fact in large part the product of public sector pay decisions taken by Reeves herself, which represented £9.4bn of the pressures' (from @alphaville.ft.com in Nov) www.ft.com/content/2e32... #spendingreview
'One reason for the emergence of a slightly naive account of what drives #economicgrowth is that a generation of policy wonks grew up playing games in which, if you simply push the button marked “invest”, you are rewarded at every turn' via @stephenkb.bsky.social www.ft.com/content/e4e8...
"We exposed fraud at Enron and WorldCom. Don’t let history repeat itself" - NYTimes oped by Sherron Watkins and Cynthia Cooper arguing against Republican proposals to eliminate the Public Company Accounting Oversight Board www.nytimes.com/2025/05/27/o...
I've met some incredible people during my 25 year+ career, but these four top the lot. A butcher, a machinist, a tour guide, a botany lecturer...oh, and all WW2 veterans alive today and each with an amazing story. With @lucyfisher.ft.com via @financialtimes.com www.ft.com/content/f7e8... #WW2 #VEDay
