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China’s domestic oil production surged to an all-time high of ~4.5 million barrels per day (19.03 million tonnes) in March, according to official statistics. The data feels a bit too hot, but if confirmed, the message is clear: “drill, baby, drill” is happening in China | #OOTT

An UnHerd debut from Rian Chad Whitton. Here’s his forthright and thorough examination of the prospects of Britain’s Net Zero effort. unherd.com/2025/06/the-ne…

Great. Let's get Glenn Hoddle's faith healer in to do immigration policy.

Not sure I've ever listened to a chancellorial speech so hard to work out what is happening. Rattling off huge number of figures making it look like big increases in spending on everything. Bear in mind current spending on average on all other than NHS not rising over SR period.

Tom Ough UnHerd Rian Chad Whitton Literal and figurative Chad.

Fascinating slide deck. Would recommend it to anyone who still believes immigration solves ageing. If a serious government were built from the start today, it would only have four large departments: Demographics War Energy Budget

‘With so many red lights flashing, spending political capital and administrative bandwidth on fixing the mess of British energy is easier said than done.’ Read Rian Chad Whitton👇buff.ly/aNYBNzL

The real backlash on Net Zero is not being concocted at Reform HQ, but at JP Morgan, Bloomberg, the IFS and the Tony Blair Institute.

yookay ETF coming soon

Northrop Grumman is the third-largest U.S. defense contractor makes unique weapons like the B-21 stealth bombers and silo-launched nuclear missiles. It is unfortunately another example of a dead player in defense contracting. Read the new Bismarck Analysis Brief! (link below)

Oh dear. Uk economy shrinks by 0.3% in April. Worst since Oct 2023 and worse than expected...

🚨 NEW: Keir Starmer's typical day as PM 6:00am - Wakes up, starts work on official papers 8:30am - Joins first meeting of the day at No 10 (sometimes preceded by a pre-meeting) 9:00am–7:00pm - Full day of meetings and work 7:00pm - Dinner break with family 10:00pm -

Any PM of a great country should have at least an hour of high-intensity workout from a world-class PT and four hours of contemplation/leisure/reading every day. This is the timetable of a lowly Big-Four grad schemer with imposter syndrome. No wonder the performance of our

Otto English has got a column in The Economist now?

This is an incredibly charitable write-up of an obvious lie

The Chinese think of industrial growth in relative terms. If you're growing your market share relative to the rest of the world, profitability is not a priority. Western economists have up until now been incapable of seeing things in relative terms.

You can have efficiency gains which is a fair chunk of our decline in consumption over the past decade or so. But it’s very very likely that economic stagnation and deindustrialisation is playing a role here too.

Tories read the phrase 'Strictest Mistress' and throw open their wallets.

Same with ZEV mandate and Clean Heat Market Mechanism (CHMM), not to mention net zero, being critical to energy security, even as electricity imports skyrocket.

British Steel has been awarded a five-year contract worth £500 million to supply train tracks for Network Rail, safeguarding the future of its Scunthorpe steelworks and thousands of jobs. The company will produce more than 337,000 tonnes of track two months after the government