Will

On current pace we won't get a choice

What a stupid idea

So the argument is that it is uneconomical to develop but we ban it anyway.

And if it wasn't uneconomical and it wasn't banned then they'd charge market prices so it wouldn't be helpful for consumer.

..but also they don't charge market prices they'd charge above market prices?

Not sure why production rather than reserves is the right metric to make your point

What people get wrong about women’s rights Elites should stop assuming that the barriers to progress are the same from Brazil to Bangladesh, writes Alice Evans

“One-size-fits-all approaches are unhelpful” when it comes to discussing women’s rights, argues Alice Evans in a guest essay

Can it be switching e.g., part time students to full time (otherwise unemployed) graduates?

So far no updates on the above and so the minimum wage for workers aged 18 to 20 is set to rise 8.5% following a 16% rise last year

Because we're approaching the frontier, right? :( Growth slows as a country approaches the frontier

Can Claude IPO already so I can get in on the action

It won't be when grads have to make student loan repayments on minimum wage, mid-career teachers pay the higher rate and MPs are in the 100k income trap

Seems fine

Energy price shocks are always greater than the "just pay it" cost though

Tests count in this market

Isn't moral panic when there's _unfounded_ worries about societal standards slipping?

Do we know if they were actually in there yet?

I don't really get the inflation and rates forecast combination

This ofc isn't true because no sane government would implement all these backloaded taxes in an election year

OBR: "taxes are forecast to increase from 36% of GDP this year to 38% by the end of the forecast, with personal taxes accounting for half the increase. The projected 2030-31 level would be a historical high in the UK and almost 6% of GDP above the pre-pandemic level."

Glad to hear it!

OBR forecast now at 5.3% for 2026, a 0.4ppt increase from previous est.

Inflation at 2.3% in 2026 also likely too high if not for oil shock

UK OBR: Unemployment to peak at around 5.3% in 2026

We'll be above that by June..

Gilts down, ftse down, GBP down

God bless the FT

Schadenfreude over Dubai expats is particularly ugly given what is plausibly coming next

US PPI hot, PMIs hot, euro joining in the party?

*EURO AREA PRELIM FEB. CONSUMER PRICES RISE 1.9% Y/Y; EST. +1.7%

*EURO AREA PRELIM FEB. CORE CPI RISES 2.4% Y/Y; EST. +2.2%

Classic Bluesky who could never believe anyone goes to the gym and eats lean. Completely implausible.

Martin Wolf on the incredible soft power of the UK

What a success 🙃

I still can't believe we chose to do this to ourselves