Department for Business and Trade PPS
jeevunsandher.substack.com
1) This is the worst affordability on record. Just 1/3 of people feel comfortable. Less than during austerity.
2) Long-term drivers of low affordability (post-industrial fall in good jobs & lack of housing) mean people don't see a way they can afford a decent future
We are facing an affordability crisis because we are dependent on fossil fuels
1) This is the worst affordability on record. Just 1/3 of people feel comfortable. Less than during austerity.
2) Long-term drivers of low affordability (post-industrial fall in good jobs & lack of housing) mean people don't see a way they can afford a decent future
We are facing an affordability crisis because we are dependent on fossil fuels
We are facing an affordability crisis because we are dependent on fossil fuels
Around 40% of full-time jobs pay less than £35k - the bare minimum needed to support a family
If we want to make life affordable, we also need to (directly) create more good jobs
Around 40% of full-time jobs pay less than £35k - the bare minimum needed to support a family
If we want to make life affordable, we also need to (directly) create more good jobs
Distance.
Countries trade more with economies that are closer.
Distance.
Countries trade more with economies that are closer.
That's lower than during the financial crisis and austerity when half of us felt comfortable.
This is (one reason) there's so much anger. This is what we must fix.
That's lower than during the financial crisis and austerity when half of us felt comfortable.
This is (one reason) there's so much anger. This is what we must fix.
If we do nothing, climate change will cost us 15% of global GDP. Getting to Net Zero limits those costs to 7%.
If we do nothing, climate change will cost us 15% of global GDP. Getting to Net Zero limits those costs to 7%.
Such a homely feel. No. 27 on my pub tour.
Such a homely feel. No. 27 on my pub tour.
Thread & link at the end 🧵
Thread & link at the end 🧵
The bond rate also (unsurprisingly) fell: Also Good News
Because bond rate = investment demand + inflation + political risk
The bond rate also (unsurprisingly) fell: Also Good News
Because bond rate = investment demand + inflation + political risk
For is, we must focus on the affordability, climate and military crises before us
For is, we must focus on the affordability, climate and military crises before us
We can, and will, tackle them all
We can, and will, tackle them all
We must prevent another war in Europe by preparing for it
We must prevent another war in Europe by preparing for it
Our country is strongest when we're united.
When our different communities come together to build a common nation.
When we draw
renewal.org.uk/blog/a-unite...
Our country is strongest when we're united.
When our different communities come together to build a common nation.
When we draw
renewal.org.uk/blog/a-unite...
I will not be taking any further questions at this time
I will not be taking any further questions at this time
So yes, we're investing in solar, wind, and nuclear to get those prices down.
And yes we're investing to upgrade the grid too.
So yes, we're investing in solar, wind, and nuclear to get those prices down.
And yes we're investing to upgrade the grid too.
And I’m disgusted by where Reform and the Conservatives are today.
And I’m disgusted by where Reform and the Conservatives are today.
It is not a victimless crime
It is not a victimless crime
We have inherited the worst wages since Napoleon and the worst growth performance out of Covid. There is a huge amount to fix but it's going to get better.
We have inherited the worst wages since Napoleon and the worst growth performance out of Covid. There is a huge amount to fix but it's going to get better.