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Summit Reposted

This is quite something. The most comprehensive investigative research into Royal finances I've seen. Even the NHS is being charged by the Royals. If there is no discussion now about whether the monarchy can go on like this, then I don't know when. thetimes.com/uk/royal-famil…


Summit Reposted

The Brexit quart won’t fit into Labour’s pint pot. New post on my Brexit & Beyond Blog. Wes Streeting sees Brexit damage as a 'fact of life' to be lived with, but other facts of political life make it unsustainable to confine Brexit to the margins: chrisgreybrexitblog.blogspot.com/2024/10/the-br…


Summit Reposted

On Kemi Badenoch, one Senior Tory confessed: ‘We know she’s the next Mrs T - we just don't yet know if that ‘T’ is Thatcher or Truss’. ✍️ @maitlis brings you the latest from the Tory Party Conference. articles.globalplayer.com/2GXq1scA1Jf8JG…


Summit Reposted

JD Vance, Donald Trump’s nomination for US vice-president, has poured scorn on the idea that climate change is man-made, has had to cancel campaign events in Georgia because of the unprecedented Hurricane Helene. ‘Say a prayer for our friends in Florida and Georgia,’ he tweets.


Summit Reposted

Press photo from his flight to NI. Seriously, though. His handlers really, *really* hate him, don’t they?

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Summit Reposted

The worst prime ministerial launch of an election campaign in modern times. Even PMs doomed to defeat have managed to start the gun with a sense of elegant purpose. Speaking words that failed to compel in a Lear like storm has no precedent.


Summit Reposted
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Summit Reposted

Extremely sobering read. China is building a full-on Silicon Valley style ecosystem of ultra fast moving & hypercompetitive EV makers, while the US auto industry focuses on who can make a gas powered truck that most resembles a Bradley fighting vehicle insideevs.com/features/71901…


Summit Reposted

Two words of caution. Having unbundled there is little evidence portfolio managers want to rebundle so optionality is unlikely to change behaviour. FCA was biggest proponent of MIFID2 so the idea that this was a EU project that our regulators were tied into has no foundation.


Summit Reposted

Brexit has mullered UK goods trade: - both imports and exports hit - down not just with the EU but also rest of the world But bigger/wider effects than I'd have expected.

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Summit Reposted

Every major pension industry in develop world is hugely overweight its domestic equity market - by an average of 2089%. The UK is 41% underweight its own. Even eliminating the anti-home bias would be constructive. And we wonder why we have an investment & productivity problem

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Latest bid for Wincanton plc at a huge 103% premium to pre-bid share price. A further illustration of public equity discount in UK markets (& higher cost of equity capital) due to UK pensions industry being only one in the world underweight its own market polaris.brighterir.com/public/wincant…



Summit Reposted

Latest bid for Wincanton plc at a huge 103% premium to pre-bid share price. A further illustration of public equity discount in UK markets (& higher cost of equity capital) due to UK pensions industry being only one in the world underweight its own market polaris.brighterir.com/public/wincant…


Summit Reposted

This has to be one of the most depressing charts for the UK economy. Share price returns for the 50% most domestically-orientated companies on the FTSE All Share have flatlined since Brexit; for internationally-orientated plcs returns kept increasing. Not the case 2010-2016

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Summit Reposted

Guardian letter writers are on a roll at the moment!👇🏻 👏👏

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Summit Reposted

Seriously people - look at what's happening in terms of GDP/capita (which is what ultimately matters for our living standards). This is a proper recession just being hidden by having more people - GDP/capita declined 0.7 per cent in 2023 with falls in every single quarter

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Summit Reposted

I’m gonna give 10 random people that repost this and follow me $25,000 for fun (the $250,000 my X video made) I’ll pick the winners in 72 hours


Summit Reposted

James Cleverly’s cousin Chris Cleverly is the president of Tingo, which the SEC just described as a “massive fraud” sec.gov/litigation/lit…

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Summit Reposted

NOW - Irish Taoiseach on Dublin stabbing: "I really would ask people to try and avoid connecting crime with migration. It's not right."

From gript

Summit Reposted

A country of the rack of Tory Brexitism. New post on my Brexit & Beyond Blog. Flipping from 'centrism' to populism, Sunak's depthless leadership is the latest episode in the Tories' 30 year war to which they have yoked the country: chrisgreybrexitblog.blogspot.com/2023/11/a-coun…


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