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bruceandy.bsky.social
Andy Bruce (Reuters)
@bruceandy.bsky.social
6.4K followers 1.4K following 14K posts
Bit of this, bit of that at Reuters.

UK economy and north of England correspondent.

☀️ Stockport ☀️
💬 Signal: bruce.369
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bruceandy.bsky.social
Andy Bruce (Reuters) @bruceandy.bsky.social · Apr 16
Drop me a line if you:
💁have an interesting story to tell
⚠️think an issue needs national press attention
☕️have insight into big institutions or powerful people
🙊heard interesting rumours or gossip

DM/Signal in bio

@reuters.com has a long history of protecting sources
bruceandy.bsky.social
Sad to see Forest legend John Robertson has left us.

Oddly enough he attended my christening - my parents were friends with him and his wife at the time.

Really wish I could've seen him play first hand!
December 26, 2025 at 11:44 AM
Reposted by Andy Bruce (Reuters)
levparikian.bsky.social
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December 23, 2025 at 8:27 AM
Reposted by Andy Bruce (Reuters)
jonnelledge.bsky.social
"The snow man doesn’t bring the snow. The snow man is a product of the snow. Roy Wood and Wizzard are thinking of rain man."
Every dumb thought I have ever had about Christmas songs
Ho ho bleedin’ ho.
jonn.substack.com
December 21, 2025 at 6:33 PM
Reposted by Andy Bruce (Reuters)
briantylercohen.bsky.social
Just tried to search for Trump’s name in the Epstein files library on the DOJ’s website. You’ll be *shocked* to learn that there’s no mention of him whatsoever!
December 19, 2025 at 9:15 PM
Reposted by Andy Bruce (Reuters)
iankmsmith.ft.com
The 10-year gilt yield is ... down this year

And expected to creep lower in 2026 (www.ft.com/content/c9a5...).

thank you for playing gilts
Investment banks expect UK borrowing costs to fall further in 2026
Gilts will outshine global peers, helped by BoE rate cuts, Wall Street lenders predict
www.ft.com
December 19, 2025 at 4:24 PM
bruceandy.bsky.social
Am reminded of a gruesome passage in Gulliver's Travels in which a doctor attempts to cure a dog of colic by inflating the animal with bellows, applied to its backside.

And when the dog dies, he tries again.
Gulliver's Travels: "I was complaining of a small fit of the colic, upon which my conductor led me into a room where a great physician resided, who was famous for curing that disease, by contrary operations from the same instrument. He had a large pair of bellows, with a long slender muzzle of ivory: this he conveyed eight inches up the anus, and drawing in the wind, he affirmed he could make the guts as lank as a dried bladder. But when the disease was more stubborn and violent, he let in the muzzle while the bellows were full of wind, which he discharged into the body of the patient; then withdrew the instrument to replenish it, clapping his thumb strongly against the orifice of then fundament; and this being repeated three or four times, the adventitious wind would rush out, bringing the noxious along with it, (like water put into a pump), and the patient recovered. I saw him try both experiments upon a dog, but could not discern any effect from the former. After the latter the animal was ready to burst, and made so violent a discharge as was very offensive to me and my companion. The dog died on the spot, and we left the doctor endeavouring to recover him, by the same operation."
December 19, 2025 at 8:52 AM
bruceandy.bsky.social
BBC "What are you hoping Santa brings you for Christmas?"

Andrew Bailey: "Well I'd quite like to get to the inflation target next spring, actually."
December 19, 2025 at 8:39 AM
Reposted by Andy Bruce (Reuters)
petertl.bsky.social
It's easy to point out the many holes in this argument, but what really comes across is the lack of conviction. Even the true believers no longer give the impression of truly believing. Brexit is a spent force. www.ft.com/content/42b3...
The Brexit implementation fiasco It is not too late to reverse bad policy but that requires good governance Paul Marshall
December 19, 2025 at 7:44 AM
Reposted by Andy Bruce (Reuters)
harvirdhillon.bsky.social
Bit of a mixed bag in terms of retail sales growth, with non-food witnessing most of the growth, and food continuing to struggle. Food volumes are 2.8% lower than a year ago, whereas non-food volumes are 4.6% higher.
December 19, 2025 at 7:24 AM
bruceandy.bsky.social
Smiths nod from JPM
“The BoE with a thorn in its side”
December 18, 2025 at 2:26 PM
bruceandy.bsky.social
Hawkish cut from the BoE.

Zero growth predicted for Q4 (although BoE stresses underlying growth at 0.2%)

Got impression BoE places some weight on better Dec PMI reading.

Quite a lot of fretting over where neutral might be (apart from Alan Taylor who slams onto the table: 3%)
December 18, 2025 at 1:31 PM
bruceandy.bsky.social
Must be very frightening for the BMA?
December 18, 2025 at 1:25 PM
Reposted by Andy Bruce (Reuters)
garethdennis.uk
Remember when HS2 to Leeds was cancelled by the NIC's shitty maths and fundamental lack of expertise, and Leeds was thrown the bone of "you'll get trams" and I said those would never be delivered?

Yeah, as I was saying...
December 18, 2025 at 1:25 AM
Reposted by Andy Bruce (Reuters)
bradheath.bsky.social
NEW: Pardoned January 6 rioters have been advising Justice Department officials how to pursue – and perhaps prosecute – the very prosecutors who helped put them behind bars.

www.reuters.com/investigatio...
December 17, 2025 at 2:32 PM
Reposted by Andy Bruce (Reuters)
bradheath.bsky.social
More than 2,900 attorneys quit the Justice Department or were fired during the first 10 months of this year -- about triple the number who depart in a typical year. personnel records obtained by Reuters show.
December 17, 2025 at 11:45 AM
bruceandy.bsky.social
😔
maccnubnews.bsky.social Macclesfield Nub News @maccnubnews.bsky.social · 9d
Tragic news coming out of Macclesfield FC this afternoon who have confirmed that talented 21-year-old forward Ethan McLeod has died following a crash on the M1.
Macclesfield FC forward Ethan Mcleod dead at 21 after crash on way home from match
Macclesfield FC forward Ethan Mcleod dead at 21 after crash on M1 motorwayt
macclesfield.nub.news
December 17, 2025 at 1:08 PM
bruceandy.bsky.social
Good to see @sheffieldtribune.bsky.social getting the appropriate credit for the story, which is too often not the case 👏
sheffieldtribune.bsky.social Sheffield Tribune @sheffieldtribune.bsky.social · 9d
A big development: the BBC is now running the story about Andrew Milne's "aggressive" letters.

"I'm still losing sleep over it. This man has made my life hell."

Great to see it getting pick up. And keep an eye on Look North - you may see one of our team!

www.bbc.co.uk/news/article...
Homeowners left 'scared' by 'aggressive' freeholder
Residents say they were threatened with High Court action after a solicitor bought their leases.
www.bbc.co.uk
December 17, 2025 at 12:55 PM
bruceandy.bsky.social
A minor but nasty bit of rent-seeking the government should do away with: the £10 charge for changing the time/date of a train ticket.

Make it £1, if there needs to be a charge at all.
December 17, 2025 at 11:27 AM
bruceandy.bsky.social
ChatGPT about to get a whole lot cooler, am I right?
December 17, 2025 at 9:08 AM
Reposted by Andy Bruce (Reuters)
brokenbanker.bsky.social
UK CPI for November undershoots expectations on headline, core and Services:
UK CPI
December 17, 2025 at 7:01 AM
bruceandy.bsky.social
This line rankled in the Beeb's write-up of tributes to Rob and Michele Reiner.

It flows into Trump saying the deaths were "very sad", as if it were a tribute like the others.

And as for "a swipe" - 90% of Trump's post was mockery and boasting.
BBC: "President Donald Trump posted about the 'very sad' incident in California, while at the same time taking a swipe at Reiner, who was a vocal critic of his."
December 15, 2025 at 8:05 PM
Reposted by Andy Bruce (Reuters)
tomashirstecon.bsky.social
Just amazing stuff. No notes from me. The kind of strategic “pivot” we can all understand.
December 15, 2025 at 12:43 PM
Reposted by Andy Bruce (Reuters)
reuters.com
Last year, Meta had to reckon with an alarming realization about its Chinese advertising customers: They were defrauding Facebook, Instagram and WhatsApp users worldwide. The company has tolerated the fraud to safeguard billions in revenue reut.rs/4oXsgC2
Meta tolerates rampant ad fraud from China to safeguard billions in revenue
A Reuters investigation reveals the owner of Facebook, Instagram and Whatsapp decided to accept high levels of fraudulent advertisements from China. Internal company documents show Meta wanted to mini...
reut.rs
December 15, 2025 at 12:10 PM
Reposted by Andy Bruce (Reuters)
oddthisday.bsky.social
Today is the 55th anniversary of the official opening of the silliest pub the world ever saw, the Windsock in Dunstable
An impossible to describe, preposterous-looking pub with two big pointy bits of roof with a massive curve between them and a floating section sticking out the side. It looks like it lifted off at some point and then landed badly
December 15, 2025 at 11:48 AM
Reposted by Andy Bruce (Reuters)
bruceandy.bsky.social
Brits are far more likely to see AI-set prices as inflationary rather than deflationary.

Interesting extra question - possibly at the behest of the MPC - in the BoE's latest survey of the public.
Bank of England survey: Most UK adults expect AI-driven pricing to push up the prices they personally pay. Around 44% think prices will be higher as a result of firms using AI, compared with 29% who expect prices to stay about the same and just 8% who think prices will be lower; 19% are unsure.
December 12, 2025 at 1:08 PM