cliff weight

30% must be in UK companies, phased in over 10 years. Pensions and ISAs! @DonaldPond6 @dominicoc @ShareSocUK soc linkedin.com/posts/cliff-we…

@griffitha Ministers should have to pass an exam to test their level of competence and knowledge of relevant science and economics. Milliband would fail the test even at the basics level. @griffitha would pass with distinction right at the top of the class.

We might expect this from a student union activist but from the Secretary of State for Energy it’s profoundly disturbing. And where is the Business Secretary’s voice slapping him down? Miliband in any case misunderstands trading profits which are global and are separate from BP’s UK highly taxed UK exploration and extraction business. In fact, we are lucky to have not one but two FTSE100 energy producers whose global profits are ‘booked’ and taxed here benefitting the UK Exchequer. Commodities often have volatile prices. They go up and they go down. How often do you hear arguments for the state to ‘chip in’ to share unexpected losses? It comes the same day as the government allowed the idea of nationwide rent controls to be briefed out and that it forced through the power to direct where your pension funds are invested. Possibly not unrelated is the fact that the UK’s ten year government borrowing cost (gilt yield) closed above 5.0% - its highest since 2008. Truly scary times.

@DonaldPond6 Yep. They’ve lost control.

UK has lost control of gilt rates. Who wants to tell the government?

PM admits officials 'withheld' Mandelson vetting information from senior... youtu.be/zpQ9AvkkrR4?si… via @YouTube Incredible- it beggars belief. Listen to @Kier_Starmer_PM words

The Reeves economic plan in action…

@griffitha 🇬🇧 4.92% versus 4.32% in USA 🇺🇸 for 10 year T-bonds. We can expect sterling to decline by 0.6% p.a. Further reducing the wealth of those who hold £ investments. @ShareSocUK @DonaldPond6 @AmitVedhara @MelloEventsUK

This is a landmark moment. 4.92%! Unlike during the global financial crisis, markets are functioning well today but have demanded an eye-watering price on the UK's prospects. The core issue is lack of trust in the Chancellor and the serial lack of headroom every time she presents a forecast. The 'print' of this deal will cost everyone in the UK.

It is so important we do not forget @Carillion and learn from our mistakes. @ShareSocUK campaign and represent individual shareholders; we criticised the lack of accountability for those involved in the @Carillion debacle/fraud. @FRC is better and stronger now but ARGA was needed

Oh dear!

@KhalidAlNumi @SRT, @RTC, @BurfordCapital and @VUSA @ShareVotePower @DonaldPond6 @AmitVedhara @ShareSocUK

They give you $2 million. You got 20 minutes to spend it or it's gone. Can't buy cars, planes, yachts, or houses. No gold or diamonds either. What you buying?

Oh dear!

Oh dear!

@warsurv 9/11. This is about holding Iran to account for its terrorist actions. US Is entitled to ensure retribution on Iran for past deeds. Let’s move the debate to Versailles (bad treaty) and the Marshall Plan(successfully transformed Nazi Germans into nice Germans, who now lead Europe)

🚨 BREAKING Iran’s Foreign Minister says bridges can be rebuilt, but the chance to hold the United States accountable may never come again.

@DonaldPond6 We should ring fence the extra revenue from high gas and oil prices and use it to improve education, eg potty training - think laterally! One off expenditure as we cannot be sure of this income stream in the long term. DRILL the UK Gas and Oil now!

decades, we've borrowed while productivity has flatlined, and an electric future will take a huge amount of investment. So if we are to get there, we need to start making money out of oil and gas, not spending money on it. Electrification is the goal, but it will take decades

Maybe I wasn't clear enough on my energy post last night. Only 20% of the UK's energy usage is electric. The rest is mainly O&G. So what we should be doing is maximising our own O&G production so we are getting tax revenues from it, rather than buying from Norway, US and Qatar.

@JChimirie66677 Au contraire. Chamberlain bought time for Britain to build its airforce, army and navy. Britain nearly lost the war. Hitler stupidly switched from bombing airfields to civilians in cities. With airfields non-operational Hitler probably would have won. Chamberlain was a quiet hero

Trump has now compared Starmer to Neville Chamberlain. Not Winston Churchill. Not a loser. Chamberlain. The man whose name has been synonymous with appeasement, miscalculation and the catastrophic misreading of a mortal threat for eighty years. The escalation of historical comparisons tells its own story. Each one has been worse than the last. Each one has been earned. The context makes it worse. Trump has issued Iran a final ultimatum. Open the Strait of Hormuz or face the destruction of every power plant and bridge in the country within four hours. The Strait has been closed for over a month. Oil is heading toward two hundred dollars a barrel. Britain's fiscal headroom is gone. Energy bills are rising. And according to the i newspaper, Starmer is preparing to refuse American use of British bases to strike Iranian bridges and power plants, on the grounds that such targets fall outside the narrow definition of defensive action that Lord Hermer's legal opinion permits. Lord Hermer again. The Attorney General who blocked Diego Garcia at the start of this crisis is now drawing the boundaries of what America can and cannot do from British soil at its most critical moment. He has not stood for election. He has not been held accountable by a single British voter. He was appointed. And he is determining the foreign policy of a country whose closest ally is issuing ultimatums while the world's most important shipping lane remains closed. The suspicion, and it is one that the evidence does nothing to dispel, is that international law is not the reason for these decisions. It is the cover for them. The reason is the same one it has always been: a governing coalition that cannot afford to be seen taking the American side. The pattern established at the very beginning of this crisis has never broken. Starmer and Hermer blocked Diego Garcia. A drone on his own runway forced the reversal. A ship in dry dock took a fortnight to reach a base that had already been hit. He consulted his team on minesweepers. He called for negotiations with the regime bombing his own personnel. He issued humanitarian statements about Lebanon that did not mention Hezbollah once. At every stage the response has been the same: find the legal opinion, follow the process, do the minimum the moment demands and nothing more. And now, as Trump prepares what may be the decisive strike of this conflict, Starmer is drawing up fresh legal reasons why British soil cannot be used to support it. Five weeks in, the pattern is unbroken. Churchill did not need a lawyer to tell him what the moment required. Thatcher assembled a task force within days of Argentina's invasion, acted with clarity and speed, and did not mistake the legal framework for a substitute for leadership. Starmer has never understood that distinction. Lord Hermer has made a career of not understanding it. Together they have produced a foreign policy that has managed to disappoint Washington, alarm Gulf allies, lose the confidence of Cyprus, cede moral leadership to France and earn the Chamberlain comparison from the President of the United States, all within five weeks. Trump's ultimatum may or may not end the crisis. Iran's rejection of the Pakistan-brokered ceasefire suggests the regime is still gambling that continued defiance costs less than surrender. That gamble may yet prove fatal. What is already certain is that Britain will have played no meaningful part in the resolution, having spent five weeks finding legal reasons to watch from the sidelines. Chamberlain famously returned from Munich believing he had secured peace in our time. He had secured nothing except the contempt of history. Starmer will not return from anywhere waving anything. He has simply been present while others acted. The Chamberlain comparison stings precisely because it is not about cowardice. It is about the catastrophic cost of mistaking process for leadership. Appeasement has a new face.

Elon Musk’s Economist Joke Reveals a Shocking Truth About the Economy 😂📉 youtube.com/shorts/7sHRpbs… via @YouTube Economics explained by @elonmusk . Economist thinking exposed

Iranian corruption or democracy, freedom, liberty, equality?

We are what we eat. The UK is the only country on this European map with more than 50% in ultra-processed food as a % of household purchases. And look at the huge difference between UK and the Mediterranean countries of France/Italy/Spain/Portugal/Greece.

@lembitopik Halve the size of the @BBC and halve the BBC fee. The latter would help inflation. The former would reduce rubbish, lies and bias.

What’s the point of “BBC Verify” if they refuse to expose the “climate emergency” as rubbish? The BBC has abandoned science to become propagandists for the climate crisis lie

@JamesMelville Halve the number of MPs. That will halve this cost. @Nigel_Farage @Rebecca_SPaul

Subsidising meals in parliament for MPs and Peers costs the UK taxpayer up to £7 million a year. Despite the public facing huge food price inflation, we pay MPs & Peers to indulge on cheap fine dining. It’s time to remove taxpayer funded subsidies on parliamentary food.

Buying opportunity, but very wide spread at present. Perhaps @CaledoniaMining should work on getting the market makers to reduce the spread? Or list on a better exchange than @LSEGplc ? @ShareSocUK @quotedcompanies @DonaldPond6 @MelloEventsUK @UKshareholders @hmtreasury

@griffitha should consider this as @Conservatives policy.