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Can someone please explain why green socialists are so against nuclear power, but push the de-growth nonsense narrative instead? Wouldn’t it make more sense to stay prosperous, avoid blackouts and save the planet?

A great thread. Suitable investment vehicles is an important point.

I’ll take my views on the Reform economic plans being described as “juvenile claptrap” as a badge of honour. telegraph.co.uk/business/2025/… Alternatively they can walk me through how they arrived at £150bn of annual savings with the detail to have confidence in that estimate. Without it

V good as always from Mr F

Classy. I would make three counterpoints. First and foremost independent research doesn't need to check their calculations with the subject. I am using a publicly available document on Reform's website, and providing my own estimate of how much of the claimed savings are

UK GDP growth of 0.7% QoQ in Q1 2025 (+0.5% on a per capita basis) puts the UK at the top of the G7 league table. Encouraging underlying resilience, although recent surveys (PMIs, labour market surveys) since April tax and trade changes do point to a considerable slowdown in Q2.

Given independent consensus is for full year GDP growth of 0.9% (we are at 1.25%) then expect a range of upgrades on this strong Q1 performance.

On a longer horizon it is GDP per head where the UK (and Canada) are outliers with zero compound growth since the start of 2022. Whilst the economic contribution of each cohort of inward migration grows over time, it is this type of data that drove this week's announced UK

One of the enduring themes of recent UK GDP data has been the resilience of consumer spending in spite of higher interest rates, and inflation. Less explored is the transmission from Bank Rate to household cashflows in recent years. Because of the changing term structure of

“U” for “Uncosted”

Perhaps more encouraging than the UK GDP data is a second successive quarter of productivity growth. Since 2021 it has been an awful series, and has been heaping pressure on the OBR to further downgrade long-term potential growth. This data takes a little bit of the pressure off