John Stepek (@john_stepek) 's Twitter Profile
John Stepek

@john_stepek

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linkhttps://www.bloomberg.com/account/newsletters/uk-wealth?source=johnstepektwitter calendar_today22-07-2010 12:15:43

34,34K Tweet

19,19K Followers

6,6K Following

John Stepek (@john_stepek) 's Twitter Profile Photo

Be quite the revenge power move for Rachel Reeves to trigger a Liz Truss moment simply because markets were more scared of who might replace her

John Stepek (@john_stepek) 's Twitter Profile Photo

Bloody hell, when Joe Weisenthal is talking about UK politics, rather than something less niche like global anchovy supply chains, you know it's serious bloomberg.com/news/newslette…

John Stepek (@john_stepek) 's Twitter Profile Photo

What happens if one of the FTSE 100's biggest companies, AstraZeneca, actually goes ahead and ditches London for the US? bloomberg.com/news/newslette…

John Stepek (@john_stepek) 's Twitter Profile Photo

Now that the UK government is in a political headlock, the financial choices the country has to make are only going to get tougher - the next budget will be no fun, regardless of who delivers it bloomberg.com/news/newslette…

John Stepek (@john_stepek) 's Twitter Profile Photo

I've heard a few times that one of the government's problems is that the landslide was so huge that it now has too many MPs and not enough big jobs, leaving them with too much time on their hands for mischief making. It strikes me that there's a way to save some money here

John Stepek (@john_stepek) 's Twitter Profile Photo

What do Rachel Reeves, AstraZeneca and private equity have in common? No, it's not rampant speculation about their exit strategies - it's that they're all topics on this week's @merryn Talks Money market roundup podcasts.apple.com/gb/podcast/rac…

Dan Neidle (@danneidle) 's Twitter Profile Photo

A serial fraudster has registered dozens of fake “banks” at Companies House - with names like “UBS Group AG Ltd.” Every time he’s busted, he just does it again. Zero checks. Zero consequences. And a legit incorporation agent has enabled the fraud. Thread:

A serial fraudster has registered dozens of fake “banks” at Companies House - with names like “UBS Group AG Ltd.” Every time he’s busted, he just does it again. Zero checks. Zero consequences. And a legit incorporation agent has enabled the fraud.

Thread:
John Stepek (@john_stepek) 's Twitter Profile Photo

On the notion of having too many MPs, just dug out this old Merryn Somerset Webb interview with Peter Turchin and realise it was from exactly two years ago bloomberg.com/news/articles/…

John Stepek (@john_stepek) 's Twitter Profile Photo

Private equity isn't all it's cracked up to be. Merryn Somerset Webb has some thoughts on a cheaper, somewhat more liquid alternative. bloomberg.com/news/newslette…

Merryn Somerset Webb (@merrynsw) 's Twitter Profile Photo

It's worked so well everywhere else. What's the downside? I'd go 5% over ÂŁ1m myself including present value of all public sector pensions.

John Stepek (@john_stepek) 's Twitter Profile Photo

Oh look there's a Laffer curve for cigarettes. I wonder if there might be one for anything else bbc.co.uk/news/articles/…

John Stepek (@john_stepek) 's Twitter Profile Photo

The UK's public finances are in an ugly, but far from unsalvageable, state. Unfortunately, none of our politicians - government or opposition - are willing to discuss the trade-offs needed to get us back on track. But I guess that's what markets are for... bloomberg.com/news/newslette…