Oof.
Market expectations of the BOE.
www.ft.com/content/9b08...
Oof.
Market expectations of the BOE.
www.ft.com/content/9b08...
Canadian and Australian pension joining forces to lobby governments in both countries to de-risk their private infrastructure investments. ๐ฌ
A reminder: Matt Goodwin lost heavily in spite of an almost total lack of tactical voting, not because of it.
The combined Green/Labour vote was 66%, versus 28.7% for Reform.
If Labour and the Greens split the vote 50/50 โ a total coordination fail โ he'd have finished third, not second.
www.ft.com/content/78fb... In charts: How serious is the Middle East gas price shock?
Spanish PM Pedro Sรกnchez: โToday more than ever, it is essential to remember that one can be against a hateful regime as is the case with the Iranian regimeโฆand at the same time be against an unjustified, dangerous military intervention outside of international law.โ
These figures also reinforce what Labour knew at the time: that their support was broad(ish) but thin, and that people were, to a large degree, voting *against* the Tories (theyโre in that narrow 20% too), not *for* Labour.
So why isnโt Labour giving people a reason to vote *for* them?
"Of those who voted Labour [in 2024], just 37% would vote Labour again".
Read that again to absorb the full, astonishing weight of what it means.
Starmer, Reeves and co have burnt their house down.
news.sky.com/story/greens...
The obvious follow up question: why did he sign off the letter in the first place then?
It's fascinating to watch cooler Labour heads like Sadiq Khan and Andy Burnham say that comparing the Greens and Reform together is a terrible tactic.
Yet Labour ministers are hourly on shows keeping up the same narrative.
The Green Party and Reform are completely the opposite!
Whatever else this is from Paul Ovenden, demanding Labour MPs back Mahmoodโs immigration crackdown, it is the most over-written, pretentious thing Iโve seen for some time.
BREAKING: Keir Starmer has given US permission to use UK bases to launch โdefensiveโ airstrikes against Iran - destroying its missiles โat sourceโ to prevent them firing across region.
Few developments:
- In a statement this evening, Labour Together's new management describes the scope of APCO's report as "indefensible"
- Simons said he "acted too hastily" in appointing firm
- Simons's resignation letter did not address outstanding questions about earlier statements
Full details:
God Admits He No Longer Loves Humanity But Is Too Afraid To Leave
Josh Simons resigns without apologising - www.newstatesman.com/politics/uk-...
Israel launches air strikes against Iran ft.trib.al/l2Aoh36
Capitalism, red in artificial tooth and claw.
OpenAI Reaches A.I. Agreement With Defense Dept. After Anthropic Clash www.nytimes.com/2026/02/27/t...
Sam Altman tweet: Tonight, we reached an agreement with the Department of War to deploy our models in their classified network. In all of our interactions, the DoW displayed a deep respect for safety and a desire to partner to achieve the best possible outcome. AI safety and wide distribution of benefits are the core of our mission. Two of our most important safety principles are prohibitions on domestic mass surveillance and human responsibility for the use of force, including for autonomous weapon systems. The DoW agrees with these principles, reflects them in law and policy, and we put them into our agreement. We also will build technical safeguards to ensure our models behave as they should, which the DoW also wanted. We will deploy FDEs to help with our models and to ensure their safety, we will deploy on cloud networks only. We are asking the DoW to offer these same terms to all AI companies, which in our opinion we think everyone should be willing to accept. We have expressed our strong desire to see things de-escalate away from legal and governmental actions and towards reasonable agreements. We remain committed to serve all of humanity as best we can. The world is a complicated, messy, and sometimes dangerous place.
My goodness.
There it is, for now at least. www.bbc.co.uk/news/article...
After the loss of Gorton & Denton, more bad news for the Labour Party ...
Weโll soon have former Amazon UK chief executive Doug Gurr running the Competition and Markets Authority, and Barclays group head of strategic policy running the Prudential Regulation Authority...
Well chancellor Rachel Reeves did say she wants to neutralise regulation. ๐ฌ
Labour MP Clive Lewis doesnโt hold back on the Gorton and Denton result in this interview with ITV
Economists: you know I love you, but I think it's time you gave it a rest with all these "which jobs are most exposed to AI?" analyses. www.ft.com/content/8d3b...
Not sure a 27.5% swing can really be described as 'pushing them over the line', however it's attributed
"Ministers need to wake up."
Indeed. Some shift away from the exceptional levels of overseas recruitment 21-24 was natural/desirable.
But current "strategy" - no new visas and making life as unpleasant as possible for migrants already here - is madness.
www.theguardian.com/society/2026...
"If annual net migration were to be 200,000 lower on average than the OBRโs current assumption over the five years of its forecast, the cumulative 1mn hit to labour supply could add up to ยฃ20bn per year to forecast borrowing." ๐
Very pointed echo of Starmerโs outrageous speech
In a battle between hope and hate, hope won out.
Why voters rejected the hateful politics of Reform and instead embraced the "Green Menace" in Gorton and Denton
bylinetimes.com/2026/02/27/h...
Big test for much of the media today as to how this victory is covered vs a Reform by election win, or any revolt on the populist right. Itโs as important and as meaningful. Something tells me the tone might be a touch different!