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The Bank of England has sold another £825 million of its UK government bond holdings today. If you think its a bad time to do that you'd be right. The main sale was of our 2029 bond on which it lost around 16%. #QE #QT

🗳️POLL | Reform lead by 6pts ➡️Ref: 25% (-) 🔵Con: 19% (-1) 🟢Grn: 18% (-2) 🔴Lab: 15% (-1) 🟠Lib: 13% (+2) – Seats – ➡️Ref: 280 🟢Grn: 104 🔵Con: 97 🟠Lib: 80 🟡SNP: 46 🟩Plaid: 11 🔴Lab: 7 Poll: @FindoutnowUK, 13 May (+/- vs 6 May)

What yesterday was truly about… Our children. Their future. Their safety. Their right to grow up in a country they can feel proud to call home. One day our children will ask what we did when we saw the future of our nation slipping away. They will ask whether we stayed silent… or whether we stood up and fought for them. Yesterday was for every mother, every father, every family, and every child who deserves to grow up safe, free, and proud of their homeland. We cannot and will not sit back while their future is torn apart. We stand together for the next generation. For their future. For their freedom. For the country our children deserve to inherit. #UniteTheKingdom 🏴󠁧󠁢󠁥󠁮󠁧󠁿🇬🇧

Restore Britain's latest policy paper has just been released - abolishing inheritance tax. For farmers, for small businesses, for everyone. Restore Britain would abolish all inheritance tax. assets.nationbuilder.com/restorebritain…

🗳️POLL | Preference for Labour leader (members): 🔴 Burnham – 48% 🔴 Starmer – 32% 🔴 Rayner – 8% (All others below 5%) { Runoff } 🔴 Burnham – 61% (-7) 🔴 Starmer – 39% (+7) Via @YouGov, 14-18 May (+/- vs 19-25 Sep 2025)

EXCLUSIVE from @MaxKendix Andy Burnham’s allies have accused Wes Streeting of trying to derail the mayor’s campaign for No 10 by reopening Labour’s Brexit battles and playing into the hands of Reform UK After resigning as health secretary last week, this weekend Streeting called for Britain to rejoin the European Union, describing Brexit as a “catastrophic mistake”. He said: “Britain’s future lies with Europe, and one day back in the European Union.” His intervention prompted a furious response from Burnham’s supporters, who said it was a deliberate attempt to elevate Brexit as an issue in the Leave-voting seat of Makerfield, which the mayor of Greater Manchester must win to contest the party leadership One Burnham ally said: “Wes’s only hope at becoming the next leader is for Andy to lose the by-election. [Streeting’s] comments … are counterproductive to Labour winning this by-election. It’s very transparent.” An MP close to Burnham said it was a “a roll of the dice” by Streeting because “he can see the writing is on the wall”. A friend of Burnham said Streeting was “clearly trying to create a dividing line.” Nigel Farage, the leader of Reform UK, said: “Open borders Burnham wants to give 500million people the right to move here without any thought on how this would affect schools, doctors and dentists “It’s quite clear that this by-election is now a choice between Reform who want to stay outside the EU, control immigration and deport all illegals and Labour who want to rejoin the EU and open borders.” A source close to Streeting defended his stance, saying that it was uncontroversial because Burnham had also backed rejoining the EU. “I thought they agreed on this,” the source said. “The problem is that we’re so worried that there might be people who disagree with us if we do something that we end up doing nothing.”

@fiat_money Of course, economists have always known this. That journalists pretend otherwise is part of mediamacro.