The European Parliament has chosen to #StandWithUkraine 🇪🇺🇺🇦

MEPs have voted by an overwhelming majority to refuse to aprove the EU budget until Ukraine is given 7 Patriot systems.

Great work Guy Verhofstadt!

Nick Reeves #RejoinEU #PATH #FBPE European Movement European Movement UK Mike Galsworthy

We’re getting the Bernanke Review into BoE forecasting at midday tomorrow. This has been trailed as a ‘once-in-a-generation’ shakeup at the Bank. So here’s a thread on what it might say, drawing on many years of involvement with BoE forecasting…
ft.com/content/2db61c…

ICYMI: The Anatomy and Reasons for UK relative Economic and Political decline over the last decade and a half mainlymacro.blogspot.com/2024/04/the-an…
Sunak’s focus on tax cuts and culture wars, that seems so out of touch with voter concerns, stems from Conservative strategy after 1997.

The policy of austerity plus quantitative easing was a choice, not a necessity, and its failure has cost us all dearly | John Cole

#QE #Economics simon wren-lewis

yorkshirebylines.co.uk/business/econo…

Where is our money going?
On ads on GB News
UK Tory Govt is biggest advertiser on GB News, spending more than £1 million of our taxpayer's money on ads Byline Times

So when that tax is coming out of your pay packet, think about that
#GeneralElectionNOW
bylinetimes.com/2024/04/09/wer…

Here are all the links to listen to the latest episode of Rock N Roll Politics-In conversation with Will Hutton: listen.podmasters.uk/rnr240408hutto…

'Today’s economic and political malaise is a direct consequence of a Conservative party strategy that was conceived after 1997 and implemented from 2010.'

Not just the media: your occasional reminder that the opening line of the IMF Staff Report for 2010 for the UK was:
“The UK is on the mend.”

imf.org/-/media/Websit…

simon wren-lewis

'support for #Brexit sorted those interested in evidence or even common sense from those who were not: some of the former got expelled from the Conservatives by Johnson and the latter got to be in his cabinet.'

Another important post from Simon that lays out very clearly the catastrophic (economic & social) decisions made by the coalition government (in particular Cameron & Osborne), and how the media are complicit in this failure
Will Labour learn the lessons in government?

New Post: The Anatomy and Reasons for UK relative Economic and Political decline over the last decade and a half mainlymacro.blogspot.com/2024/04/the-an…
The political decline of the last fourteen years is deeply rooted in the way the Conservative party developed since the Thatcher/Major years.

Y'days Post: The Anatomy and Reasons for UK relative Economic and Political decline over the last decade and a half
mainlymacro.blogspot.com/2024/04/the-an…
2010 austerity was also a failure of evidence based governance. It stupidly cut spending in a recession and laid the groundwork for Brexit.

NEW: Rwanda’s state-owned airline RwandAir turned down a UK government proposal to transport asylum seekers to Kigali last year because it feared damaging its brand
W/ William Wallis FT 1/3
ft.com/content/1251e4…

I disagreed with Wren-Lewis on covid but his macro-economic blogs are well worth reading and I think this one is really good in capturing the wrong dynamics of UK policy.

There is just so much here to think about.

Fascinating blog post ⬇️ well worth a read 👍

This is excellent 👇

Characteristically excellent.

simon wren-lewis A really excellent, well-argued and evidenced analysis. Thank you.

Another good post - well worth reading

1/2

On the off-chance you’re interested in Dan Hodges’s obsession, the Angela Rayner CGT ‘scandal’, do read tax expert Dan Neidle’s analysis of the situation, which shows why Hodges’s central charge that Rayner didn’t live at her property is irrelevant. taxpolicy.org.uk/2024/02/29/ray…