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The UK is quietly diverting billions in taxpayer cash to commercial banks, all because of an obscure 2009 indemnity on the Bank of England’s QE programme. During QE (2009-21) the BoE bought £875 bn of gilts via an SPV called the Asset Purchase Facility (APF). To calm markets,

Can someone please explain to me why white people in America are colonizers but Arabs in the Levant and North Africa are indigenous?

With UK Rolls-Royce SMR and new Sizewell reactor builds approved today, it's worth reminding (given how little attention it gets) that when it comes to energy infrastructure, density matters. Why it matters ... Isaiah Taylor - making nuclear reactors Limitless breaks it down perfectly. At scale,

Here is the judgment in the O'Neil and Wayne v UCU (HT Katy Montgomerie on Bluesky) docs.google.com/document/d/11_…

Agentic AI – bots which can carry out certain tasks on your behalf – are about to be unleashed on the internet. But recent reports make clear that these AI agents are being shipped with a lot of serious problems. In today's video, I have a brief summary. youtube.com/watch?v=KY7_uf…

Zoe Watts is a cross-dressing man with a long history of extreme violence, particularly aimed at women who know that men are not women. The BBC calls him a 'woman' in this headline about his latest trial, and at no point mentions that he's not female bbc.co.uk/news/articles/…

I have another slightly downbeat technical reflection on Treasury decisions, ahead of tomorrow’s spending announcements by the Chancellor. It is to ask why Rachel Reeves is not taking more advantage of her relatively bold change in the debt fiscal rule. To remind you, she

There’s something particularly revealing about the fact that Waitrose (John Lewis & Partners) has placed flags representing child mutilation in front of the butcher’s counter.

Thanks to Sir Keir Starmer, 81% of the population won't have to pay income tax... In Mauritius.

“This will allow ministers to abolish income tax entirely for 81 per cent of employed Mauritians, and raise minimum salaries.” Congratulations to Keir Starmer and David Lammy who’ve effectively eliminated income tax in Mauritius. Which we’re paying for from our Defence budget.

Oxbridge to defy Supreme Court judgement and allow men to play in its elite women’s sport Tads Ciecierski-Holmes, Joint Blues president, wants to ‘promote participation in every way possible for trans students’. Trans always means men, in these contexts. Varsity

What do they all do all day. Ps gov has plans to set up 29 new quangos.

Nice take - warning lights on all over the dashboard. But this is less structural exploitation, more structural erosion. Persistent deficits are not indicative of collapse, just capital inflows. And, leaving aside the ownership of industries critical to domestic resilience and

The gap is so big that deprived kids in England do at least as well as the *average* child in Wales

Scrap Chagos Islands deal and agree new one, UN panel urges UK bbc.co.uk/news/articles/…

Well, yes. That’s how reality works. Someone could say their lived experience is that police are lynching black people every day (an example I used in my book), but if data shows otherwise, we have to assume you are wrong unless you can show that the data are wrong. 1/2

Philippe Sands told the House of Commons today that advisory opinions of the International Court of Justice are binding on the United Nations. Well, that's wrong - they only are in very special cases; but UNGA-requested advisories are not binding. Will he correct the record?

Here is an extraordinary government claim. Of £13.8bn of efficiency savings it is promising each year by 2028/9, health and social care is promising to provide more than £9bn of them. Is that credible? The second biggest promiser of efficiency gains is defence

Well done Cllr Hollidge in supporting this scheme sussexexpress.co.uk/news/people/co…

The best founders do one thing brilliantly... Hire. It sounds easy. It’s not. Here’s how we think about hiring for our portfolio companies: