Max Mosley

When we cut 30 affordable homes to protect a distant view, we’re not preserving heritage, we’re preserving a housing crisis 👇

So domestically, the labour market is telling us rates may already be too high. But the BoE will need to balance this against the price shocks from the Iran war Expectations are they'll hold rates today, but what would you do?

The resulting effect of this cooling labour market is real earnings growth has stalled, recording a modest 0.4% growth today

🚨 Today's labour market stats will give the BoE quite the headache... Energy shock from the Iran conflict raises the need for higher rates, but but back home the jobs market is fading fast, hinting policy may already be too tight...

As expected the OBR have revised up their unemployment forecast. It's been quite worrying seeing it rise well beyond their last forecast. Good news is OBR now saying we're likely already at the peak

Let’s gooooo @NEF

Calling it now: the winner in Gorton & Denton by-election will be the girl reading this.

From an event at Nesta last night, a poll of attendees (mostly policy wonks). What's most striking to me is the lack of ambition. A majority seem to think that the best Britain can do is raise growth to pre-Brexit levels, when we were in the customs union and had more political stability, but productivity growth had been essentially zero for a decade. And why shouldn't we aspire to do better than other Western European countries, who have enjoyed stagnant growth despite being in the EU? If we really want growth, we clearly need to raise the ambition Britain's policy ecosystem.

As expected. Demand will continue to weaken due to the state of the labour market and inflation should return to target in the Spring. All the more reason why the Bank was wrong to not cut interest rates the other week.

If you made it to the end of this thread, well done, here's a bonus reward for you! We recently published a report that looks at whether job search requirements in Universal Credit push people into 'bad jobs', which you can find here: neweconomics.org/2026/02/pushed…

When more people chase fewer jobs, the power shifts from workers to employers. Real wages may be rising now, but in a softer labour market that momentum can fade, dragging down sustained improvements in living standards

🚨 Today's labour market data has unemployment rising and hiring activity weakening: meaning it's now increasingly difficult to find a job A short🧵...