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David Sheppard

@oilsheppard

Financial Times Acting Whitehall Editor. Former FT Energy Editor, but still dabbles in what makes the world go round. Ex-Reuters.

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Latest posts by David Sheppard @oilsheppard

Radical parties of the right and left in top two slots. Legacy parties getting only a third of the vote between them.

A whole new world.

03.03.2026 07:18 ๐Ÿ‘ 140 ๐Ÿ” 32 ๐Ÿ’ฌ 23 ๐Ÿ“Œ 3
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American military assets in the region and Gulf oil supplies are vulnerable to retaliation and Israel is a renewed target.

Read the FT's military briefing here: ft.trib.al/sJzNxc2

28.02.2026 12:29 ๐Ÿ‘ 46 ๐Ÿ” 20 ๐Ÿ’ฌ 5 ๐Ÿ“Œ 2
Charts showing holidays abroad from UK broadly rising but some mild dips for student-aged and pensioners

Charts showing holidays abroad from UK broadly rising but some mild dips for student-aged and pensioners

Dips in younger and older travellers but broad trend up

28.02.2026 13:19 ๐Ÿ‘ 1 ๐Ÿ” 0 ๐Ÿ’ฌ 1 ๐Ÿ“Œ 0

Not doubting there are families for whom it applies, but itโ€™s not *broadly* supported by the data.

But vibes that everything has got harder likely proving fatal for the ill-defined Starmer project.

28.02.2026 13:09 ๐Ÿ‘ 3 ๐Ÿ” 0 ๐Ÿ’ฌ 1 ๐Ÿ“Œ 0
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Inflation has been horrible, no doubt, not least for those on lower incomes.

But itโ€™s interesting how expectations have evolved.

Hard to square โ€œCanโ€™t even dream of having a holidayโ€ with a more than doubling in foreign trips in ~20 years.

28.02.2026 13:06 ๐Ÿ‘ 1 ๐Ÿ” 0 ๐Ÿ’ฌ 3 ๐Ÿ“Œ 1
Preview
Email blunder exposes $90bn Russian oil smuggling ring Apparent network of companies using same server includes little-known group that has become countryโ€™s largest oil exporter

one of the world's largest smuggling networks has accidentally exposed itself because of a stupid e-mail configuration blunder, which has revealed around 50 apparently unconnected companies are all sharing back-office functions: www.ft.com/content/4310...

20.02.2026 11:30 ๐Ÿ‘ 215 ๐Ÿ” 99 ๐Ÿ’ฌ 5 ๐Ÿ“Œ 16

Shabana Mahmood, Lisa Nandy and Wes Streeting (and dark horse contender Armed Forces Minister Al Carns, who's not in cabinet) have now all also Tweeted or voiced support for Starmer.

He's got a full house for the moment. Now to see if they all really mean it...

09.02.2026 15:43 ๐Ÿ‘ 8 ๐Ÿ” 2 ๐Ÿ’ฌ 1 ๐Ÿ“Œ 1

Pat McFadden
@patmcfaddenmp
ยท
29m
As someone said to me in the constituency on Friday "tell your boss to keep going."

I did and I hope he does. ๐ŸŒน

09.02.2026 15:30 ๐Ÿ‘ 2 ๐Ÿ” 0 ๐Ÿ’ฌ 1 ๐Ÿ“Œ 0

Only three cabinet ministers have not Tweeted or put out a message of support for Starmer:

Wes Streeting
Shabana Mahmood
Lisa Nandy (who is at the Winter Olympics)

This could of course change, but it's where we're at just before 3:30pm

09.02.2026 15:26 ๐Ÿ‘ 29 ๐Ÿ” 10 ๐Ÿ’ฌ 12 ๐Ÿ“Œ 17

Osborne said he could โ€œunequivocally state that Jeffrey Epstein never invested in Hedosophia or any Hedosophia Fundโ€.

โ€œThe fact that I sought his opinion, along with many others, does not give him an advisory roleโ€

He added his โ€œassociationโ€ with Epstein was one โ€œI bitterly regretโ€.

06.02.2026 16:23 ๐Ÿ‘ 0 ๐Ÿ” 1 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0

Osborne initially pitched Epstein a plan to rehabilitate his image in 2011 claiming his firm could โ€œclean upโ€ search engine results on Epsteinโ€™s name, saying they had utilised an โ€œexcellent team of Israeli expertsโ€ for other clients.

06.02.2026 16:21 ๐Ÿ‘ 0 ๐Ÿ” 0 ๐Ÿ’ฌ 1 ๐Ÿ“Œ 0
Home - Financial Times News, analysis and opinion from the Financial Times on the latest in markets, economics and politics

The disgraced financier, born in 1953, originally wanted to call Hedosophia โ€œPartnership 53โ€,

People close to Osborne conceded there were discussions about Epstein investing in Hedosophia โ€” which is now a $1bn fund โ€” but said this did not come to pass.

06.02.2026 16:10 ๐Ÿ‘ 1 ๐Ÿ” 0 ๐Ÿ’ฌ 1 ๐Ÿ“Œ 0
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Epstein propelled investment career of UK power broker Ian Osborne Convicted sex offender helped establish tech fund Hedosophia after Osborne offered to help clean up Epsteinโ€™s image

How Epstein propelled investment career of UK power broker Ian Osborne, a onetime PR man and adviser to David Cameron

Epstein guided him in setting up Hedosophia (now one of UKโ€™s most important start-up backers)
and even appointed him to one of his own investment vehicles
www.ft.com/content/8b04...

06.02.2026 16:08 ๐Ÿ‘ 38 ๐Ÿ” 32 ๐Ÿ’ฌ 3 ๐Ÿ“Œ 4
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US government to fund Maga-aligned think-tanks and charities in Europe [FREE TO READ] State department grants to spread โ€˜American valuesโ€™ are part of Washingtonโ€™s 250th anniversary celebrations

EXC: US State dept is set to fund Maga-aligned think-tanks and charities in UK/ Europe to amplify Washingtonโ€™s policy stances and challenge perceived threats to free speech

W/ @annasophiegross.bsky.social, @oilsheppard.bsky.social & Amy McKinnon

as.ft.com/r/98452b33-5...

06.02.2026 07:43 ๐Ÿ‘ 26 ๐Ÿ” 28 ๐Ÿ’ฌ 3 ๐Ÿ“Œ 9
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04.02.2026 23:08 ๐Ÿ‘ 14 ๐Ÿ” 1 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0

Devil, of course, could be in the details (will it apply to all companies in India or just state backed ones etc).

But thereโ€™s real pressure being applied to Russiaโ€™s oil revenues, while crude prices are already low

02.02.2026 18:25 ๐Ÿ‘ 1 ๐Ÿ” 0 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0
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Trump says US to cut India tariffs after Modi agrees halt to Russian oil imports President claims New Delhi will buy more than $500bn of American goods

If Trump has actually convinced India to stop buying Russian oil itโ€™s potentially a very big deal.

India was buying ~40% of Russian export volumes, and now the only remaining buyer of any significance is China. And Beijing just got huge pricing power and leverage

www.ft.com/content/72f1...

02.02.2026 18:24 ๐Ÿ‘ 1 ๐Ÿ” 0 ๐Ÿ’ฌ 1 ๐Ÿ“Œ 0
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How Peter Mandelsonโ€™s Jeffrey Epstein links were exposed Documents disclosed on Friday revealed payments from disgraced financier to former power brokerโ€™s husband

Is this the end of Epsteinโ€™s โ€œbest palโ€?

www.ft.com/content/608a... @pickardje.bsky.social

31.01.2026 13:00 ๐Ÿ‘ 2 ๐Ÿ” 1 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0
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Trump threats fuel concern over UK reliance on US defence and military satellites Contest between Airbus and Lockheed Martin to supply SkyNet 6 programme has become lightning rod for Whitehall debate

EXC: The multibillion-pound contract to build โ€˜Skynet 6โ€™ next-gen military satellites is shaping up as key flashpoint in UK govt, as Trumpโ€™s threats to western allies are fuelling concern about Londonโ€™s reliance on Washington for defence

giftarticle.ft.com/giftarticle/...

26.01.2026 09:08 ๐Ÿ‘ 29 ๐Ÿ” 16 ๐Ÿ’ฌ 3 ๐Ÿ“Œ 4

Itโ€™s this. Got the same

10.01.2026 09:58 ๐Ÿ‘ 3 ๐Ÿ” 0 ๐Ÿ’ฌ 1 ๐Ÿ“Œ 0

FT journos starter packโ€ฆ

go.bsky.app/FuqnwdD

10.01.2026 09:19 ๐Ÿ‘ 48 ๐Ÿ” 22 ๐Ÿ’ฌ 1 ๐Ÿ“Œ 1
Paul McClean Graduate Trainee London

Just a few more days left to apply for the Paul McLean graduate trainee programme at the FT. This is an amazing opportunity for any aspiring journalist job-boards.greenhouse.io/financialtim...

05.01.2026 10:55 ๐Ÿ‘ 14 ๐Ÿ” 36 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 1

Which might be unfair! But itโ€™s how most people without a significant dog in the fight likely view it.

Got the same to a more extreme degree with Hearts v the Old Firm at the moment. And while a lot of my fellow Hearts fans get upset about it, I donโ€™t personally think itโ€™s wildly biased

04.01.2026 20:45 ๐Ÿ‘ 1 ๐Ÿ” 0 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0

Is it not as simple as โ€˜Man City are the strongest team on paper and have a (relatively recent but well-established) history of going on juggernaut-esque runs that crush othersโ€™ dreamsโ€™. While the (relatively recent but well-established) narrative around Arsenal is that theyโ€™ll crack at some stage?

04.01.2026 20:41 ๐Ÿ‘ 1 ๐Ÿ” 0 ๐Ÿ’ฌ 2 ๐Ÿ“Œ 0

It is, for once, all about oil.

03.01.2026 09:12 ๐Ÿ‘ 30 ๐Ÿ” 7 ๐Ÿ’ฌ 5 ๐Ÿ“Œ 0

Yeah, I was surprised when living in NYC that no one really knew it. Even stuck it on an Irish bar jukebox late one December and half the punters were asking what it was as the Brits all sang along

24.12.2025 21:29 ๐Ÿ‘ 1 ๐Ÿ” 0 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0

I did this coming the other way from Turkey circa 2009, under the wildly mistaken belief that from outside the EU it was kosher.

The pack of ~10 cartons literally had their own handle, and I was swinging it like a jaunty little suitcase when I got huckled in the โ€˜nothing to declareโ€™ line

23.12.2025 20:45 ๐Ÿ‘ 3 ๐Ÿ” 0 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0

@miles-johnson.bsky.social

20.12.2025 09:37 ๐Ÿ‘ 1 ๐Ÿ” 0 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0
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Inside the secret supply chain fuelling Americaโ€™s wars And what Will Somerindykeโ€™s company, Regulus Global, means for the future of conflict

Cracking piece by Miles Johnson

www.ft.com/content/d7f9...

20.12.2025 09:35 ๐Ÿ‘ 5 ๐Ÿ” 1 ๐Ÿ’ฌ 1 ๐Ÿ“Œ 0
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Trump family deal with fusion energy firm adds to complicated UK-US ties TAE Technologies has already agreed joint venture with UK governmentโ€™s atomic laboratory

This could be messy. The state owned UK Atomic Energy Authority is in a joint venture with the organisation merging with Trump Media & Technology Group
www.ft.com/content/1e05... @pickardje.bsky.social @oilsheppard.bsky.social

20.12.2025 08:58 ๐Ÿ‘ 11 ๐Ÿ” 9 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0