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Another sombre day here at Port Talbot. I spent a lot of time on No.5 during its life extension project back in 2018. It allowed me to capture some memorable images. Today, the dragon has given its final roar. #TataSteelUK #BlastFurnace #PortTalbot #SteelWorks #SteelHeroes

🏴󠁧󠁢󠁷󠁬󠁳󠁿 🇬🇧 From cars to the coins in your pocket, from the Wembley arch to cans of Heinz beans - everyone has used Port Talbot steel. The furnace shuts down today. An era has ended-my BBC Radio 4 show "Steel Dragons" explains how South Wales is caught in a global steel crisis 👇👇👇

CHART - Chinese steel mkt share -- this, and the subsidies that drive it, are what lies behind the UK's collapse. There is a policy that could level the field - "CBAM" - but it is due in 2027. Scunthorpe production likely to end long before then. See more on Economics Observatory

Britain just shut down its last coal-fired power station and one of its last iron-making blast furnaces. The country that gave the world the fossil fuel-powered Industrial Revolution is trying to bring it to an end - early. Here's a quick primer on why this all matters 👇

Yesterday the UK shut down two major industries (coal, flat steel). These sectors may be old, but they are productive. So what next for this chart, which, in one images, shows the UK's foundational economic problem? Looking forward to some answers from Judy Stephenson UCL Bart van Ark

Platinum Jubilee: how has the UK economy changed over the past 70 years? John Turner #economicsfest Tues 1 Oct Bristol Ideas #EconTwitter buff.ly/3wGTpRB

Some panels just go w’ zing like this one. Lots of agreement on basics of making production go better Bart van Ark and Katy Riddington National Composites Centre. Impressed w Dariush Unite the union: join a union perspective day after Port Talbot. Thank you Economics Observatory Romesh Vaitilingam Richard Davies Sam Fleming (FT)

Some great new books on sale at the Festival of Economics. (And a not that new one with a lovely orange cover……) If you are in Bristol head down to Watershed - can get many of these signed by the authors today! ⁦Economics Observatory⁩ ⁦Bristol Ideas⁩

Great to be back in Bristol for the #FestivalOfEconomics . ⁦Torsten Bell⁩ and ⁦Daniel Susskind⁩ talking about their recent books on how to get the UK economy growing again. ⁦Jagjit S. Chadha⁩ ⁦National Institute of Economic and Social Research⁩ ⁦Economics Observatory⁩ ⁦Adrian Pabst⁩

GROWTH - how can we get more? (And do we want it?). First debate of the day with ⁦Ruth Badru⁩ (⁦University of Bristol | School of Economics⁩) interviewing ⁦Torsten Bell⁩ and ⁦Daniel Susskind⁩ on their new books. ⁦Watershed⁩ ⁦Economics Observatory⁩.

That book called "Money Minders" looks very interesting! (On the back row!) @philgood247 Cambridge University Press Richard Davies

1. The stuff from Richard Davies on Dynamism - which got a big hearing in the Resolution Foundation Ending Stagnation report. I genuinely didn't know that someone had quantified this ... 1/ richarddavies.io/declining-dyna…

Port Talbot Blast Furnaces, gouache and watercolour on A3 paper

We are delighted to announce the publication of our 2023/24 Annual Report! ⭐ As we head into a new year, it is also time to look back on what we have achieved this past year across our community at the LSE School of Public Policy. 🔗 Check it out! lse.ac.uk/school-of-publ…

We’re ready to go at #economicsfest - if you’re not able to make it to Bristol, you can still read our magazines as ebooks at economicsobservatory.com/publications #econtwitter

We’re off to Wills Memorial Building for the inaugural University of Bristol | School of Economics Marshall Paley lecture by Richard Blundell #economicsfest #econtwitter

In case you missed it...How do elections affect the stock market? By Clive Walker Queen's University Belfast 🎓 #EconTwitter #USElection2024 buff.ly/3VYeK5y

What's going on with steel? I made a documentary with BBC Radio 4 last year that goes into it in depth. We were in Port Talbot but the same issues are at play in Scunthorpe. Do have a listen if you want to undertand the forces at play: bbc.co.uk/programmes/m00…

The three eras of steel: UK, US, China. [Market share of steel production]