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Liz Webster: Farms, transport and hospitality are all now operating…

🆘 🚩🔥 Farms, transport and hospitality are all now operating in survival mode bc Brexit Britain depends on permanently cheap energy, stable imports and just-in-time logistics. The moment global instability hits, the entire chain starts seizing up simultaneously. Farmers are considering selling fertiliser rather than planting crops bc it’s more profitable/less risky. This should terrify policymakers but they’re too busy offering freebies for kids in summer holidays. Meanwhile the EU is delivering significant emergency package for farmers, fishing businesses and road hauliers to protect food system. Who will feed Brexit Britain? Food shortages don’t begin with empty supermarket shelves. They begin when producers quietly decide planting no longer makes economic sense. Britain has spent years weakening domestic resilience while becoming more dependent on volatile global markets. We are now discovering the cost of that strategy as collapse looms.

Daniel Lacalle: Oil spikes and wars grab headlines…

Oil spikes and wars grab headlines, but they do NOT create persistent inflation. ❌ Blaming “oil” or “wars” for persistent inflation is comforting—and wrong. They move relative prices for a while, but they do not make the aggregate price level rise year after year. ❌ Oil shocks reshuffle prices: energy up, something else down. Unless central banks and governments validate the shock with massive spending and easy money, the overall inflation rate falls back. A one‑off oil spike cannot explain years of rising aggregate prices. If oil prices or “supply chains” caused inflation, we would have had deflation between 2022 and 2025. Instead, aggregate prices kept rising as governments spent and printed at record levels. ❌ Wars are usually disinflationary. They freeze or destroy investment plans, delay big consumption decisions, and raise uncertainty. Households and companies cancel or postpone spending—they don’t go on a buying spree. ✅ What turns temporary shocks into persistent inflation is policy. Massive fiscal deficits, monetized by central banks, keep demand above supply and embed higher prices into the system: more units of currency chasing the same goods and services. ✅ The pattern is clear: every time central banks and governments flood the system with liquidity and deficit spending, core inflation moves up and stays up. When they finally cut spending and tighten policy, inflation rolls over—regardless of oil or war headlines. ✅ Inflation is not a mysterious external monster. It is a political choice: spend, borrow, and print beyond the real capacity of the economy, and the unit of account gets diluted. Stop doing that, and “persistent” inflation disappears. ✅ Wars and oil shocks matter for volatility and individual prices, but the only reason aggregate prices keep marching higher year after year is simple: governments that refuse to adjust spending, and central banks that refuse to say no. Stop asking the government for “free” things. You will pay for them many times over. Graph via FRED

Dale Vince: The key part of this...

The key part of this story is in the second line -”according to lobbyists”. Only last summer the government announced £500m for this sector, they want more. £20 billion of private money is “desperate” to invest they say - what’s stopping them? They want more public money. Will 20k jobs really be lost by 2030 or is the story here that 20k jobs could be created. The main issue with Hydrogen is how un economic it is to make, that’s why it’s not taken off in any major way anywhere in the world yet. That’s if you make ‘green hydrogen’ as opposed ‘brown’ which comes from fossil fuels. The Hydrogen Economy was a thing of great hype 10 years ago. It might take another 10 to really get going. We don't need to rush to be ""world leaders”, better technology is coming, the economics will get much better - there’s no need to waste more money on this right now. https://thetimes.com/uk/politics/article/ed-miliband-energy-department-delay-hydrogen-strategy-xvn8zkq7q

Liz Webster: The red lines were broken…

The red lines were broken the moment we left the single market and customs union @DavidGHFrost You negotiated the thin TCA. Now we’re paying £1bn a year for partial access, following rules we don’t help write, while food inflation quadruples, energy bills stay sky-high, and small businesses drown in red tape. “More will follow” isn’t Starmer breaking promises, it’s the inevitable, expensive reality of the deal you delivered. The public gets it: 59% now want to rejoin.

Liz Webster: Brexit red tape is crushing UK…

Brexit red tape is crushing UK small businesses. FSB survey: • 3 in 10 expect to reduce or stop trading with the EU if rules aren’t eased • 64% struggling with customs paperwork • 21% hit by high costs Small firms, Britain’s biggest employer, are being worn down and questioning whether EU trade is even worth the effort. We left the single market for this? Now we’re negotiating to pay £1bn a year just for partial access and mutual recognition.

Lee Hurst: Abolish all benefits…

Abolish all benefits. Simplify it. Pay everyone the same amount. 40 hrs a week times min wage. Get them onto skills training to earn it or community work. If they are genuinely disabled give it to them. If a family member is designated a full time carer for them pay them too. Pay it to full time University Students for 3 years and ditch the loans. As a society we get something back for our money. People upskill, stuff needed doing gets done. What is wrong with this as an idea? If you have ever had to deal with the benefits system it is ridiculously complicated and expensive to run and get nothing back for our tax money.

Dale Vince: The biggest tax increase in British history…

The biggest tax increase in British history is being done by stealth. Since the Tories froze the annual tax free allowance in 2021, instead of raising it in line with inflation, 2 million more people have been dragged into the income tax bracket - raising nearly £100 Billion. That’s shocking. If this government won't or can’t remove this new tax burden from the poorest among us, they should introduce a tax at the high end of wealth - to be fair. They could raise £26 Billion a year, a very similar sum actually to the income tax stealth move - and it would be super fair, a tiny 2% tax on wealth above £10 million. It’s wrong to place the burden only on those at the lowest end of earnings and wealth. I want to live in a fairer country, for that we need a fairer tax system. We need to reform the one we have. It was written by people with money for people with money, at 3,000 pages long it’s ten times that of other nations - because it’s chock full of exemptions and loopholes.

Daniel Lacalle: It makes no sense for central banks...

It makes no sense for central banks to hike rates in a temporary energy shock. Rate hikes hurt consumers and businesses, and have no impact on the geopolitical risk premium attached to commodity prices or on government spending plans. Furthermore, by keeping money supply and liquidity elevated, central banks incentivise and perpetuate high government borrowing, which causes persistent inflation. Hence, hiking rates and incentivising government spending exacerbate the same productive sector weakness and stagflation risk they claim to try to avoid.

Dale Vince: The biggest tax increase in British history…

The biggest tax increase in British history is being done by stealth. Since the Tories froze the annual tax free allowance in 2021, instead of raising it in line with inflation, 2 million more people have been dragged into the income tax bracket - raising nearly £100 Billion. That’s shocking. If this government won't or can’t remove this new tax burden from the poorest among us, they should introduce a tax at the high end of wealth - to be fair. They could raise £26 Billion a year, a very similar sum actually to the income tax stealth move - and it would be super fair, a tiny 2% tax on wealth above £10 million. It’s wrong to place the burden only on those at the lowest end of earnings and wealth. I want to live in a fairer country, for that we need a fairer tax system. We need to reform the one we have. It was written by people with money for people with money, at 3,000 pages long it’s ten times that of other nations - because it’s chock full of exemptions and loopholes.

Daniel Lacalle: Mamdani declares New York bankrupt…

Mamdani declares New York bankrupt and asks for a bailout. Behold the socialist trick of “tax the rich” in all its glory. Envy and hate: Announce a massive spending plan supposedly financed by squeezing “evil” millionaires and rich citizens. Lie: Blame a fabricated “revenue problem” despite record tax receipts of $162 bn in 2025 and more than $55 bn of extra revenue since 2010. Deceit: Use the narrative to justify massive tax hikes on everyone, especially the middle class and the very voters who applauded the slogan. The “tax the rich” promise always turns into an “impoverish all” reality. This is the true “warmth of collectivism." Enjoy the vote. #Mamdani #newyork
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