David

Met him years ago in his Mayfair pub when Openreach first started. Nice bloke.

Possibly a gentleman over the pond has some serious calls from big oil and Wall Street amounting to “get a grip”.

Martin’s recent post @duncanweldon.bsky.social is a compelling argument that could have catastrophic consequences for the city and the white-collar workforce. It highlights the need for a return to manufacturing and blue-collar industries.

This sector is predominantly white-collar services and could be detrimental to the city. A return to manufacturing would be beneficial.

Enjoyed young Sherlock

Indeed.

The events have put low-cost renewables and nuclear back in the spotlight, somewhat undermining the Reform and Conservative big-oil-paid strategy to use gas on the back foot.

His not wrong.

It will come back and bite them, rightly so.

Making anything is energy intensive.

Yep, back to the future, the 1970’s.

Trump clearly has come to the conclusion Farage is not a winner and indeed may put the recent attacks against Starmer in some context, given his attacks’ strength. Badenoch may need to revisit her strategy.

Marching to the right and closer to Reform. There is a large chasm appearing around the centre.

That’s what Stagflation anticipation does?

Well it confirms who is behind this and it isn’t Trump.

I wonder if she will survive the arrival of BILD, published by the Axel-Springer Publishing Company, Germany's largest and most popular tabloid.

It’s a repeat of 1970s energy shortages due to geopolitical conflicts, the 1973 OPEC oil embargo, and the 1979 Iranian Revolution. These events led to a surge in oil prices, causing long gas lines and economic “stagflation”. Now expect a big shift towards electric vehicles and renewables.

Expect strong lobbying to decouple electricity and gas markets: The current system allows expensive, marginal gas-fired power to set the price for all electricity. Removing gas from this mechanism, given the significant renewable savings, prevents price shocks from gas market volatility.

A repeat of 1970s major energy shortages due to geopolitical conflicts, the 1973 OPEC oil embargo, and the 1979 Iranian Revolution. These events led to a surge in oil prices, causing long gas lines and economic “stagflation”. Now there will be a shift towards electric vehicles and renewables.

1970s major energy shortages were caused by geopolitical conflicts, with the 1973 OPEC oil embargo and the 1979 Iranian Revolution following. These events caused oil prices to surge, resulting in long gas lines, economic "stagflation," and a shift towards smaller, more fuel-efficient cars globally.

From “bad to worse” strategy

The dumbest method of analysis I have ever heard. Most probably asking Grok to do the analysis.

Expect strong lobbying to decouple electricity and gas markets: The current system allows expensive, marginal gas-fired power to set the price for all electricity. Removing gas from this mechanism, given the significant renewable savings, prevents price shocks from gas market volatility.

Which also doesn’t go down well with Clacton.

That’s more electorate they have lost.

I am surprised it’s taken them a year to realise that was the Farage plan; it’s not as if he hasn’t stated that openly.

Badenoch has totally lost the plot.

Except a surge in EV purchases though the question remains the cost of energy in the UK.

Go and read Chilcot, Lewis. Then scope your questions accordingly.

The Ukrainians are using the concept that better is the enemy of good with support from the UK and European allies. Using £90m fighters with £250k missiles to shoot down £50k drones is ridiculous. We need to go back to slower, cheaper aircraft with guns. Basically, a modern Hawker Hurricane.