Andy Bruce (Reuters)
banner
bruceandy.bsky.social
Andy Bruce (Reuters)
@bruceandy.bsky.social
Bit of this, bit of that at Reuters.

UK economy and north of England correspondent.

☀️ Stockport ☀️
💬 Signal: bruce.369
Yesssss
November 22, 2025 at 3:41 PM
It is not a town I know well.

I went there in 2013 and was quite taken by this sign:

"STEVENAGE
where imagination takes hold"
November 20, 2025 at 10:03 PM
Elon Musk is Stevenage
November 20, 2025 at 9:53 PM
Quite the look at how the gilt market intersects with politics from @willdunn.bsky.social
www.newstatesman.com/business/eco...
November 19, 2025 at 3:44 PM
Bit confused by the "inflation falls by less than expected" framing.

CPI came in bang on consensus in RTRS poll, and exactly as BoE expected. Obviously a poll elsewhere that said differently... but why go for the wrong one when you can pick and choose?

Not as interesting a story I guess!
November 19, 2025 at 9:16 AM
Calmer day on the gilt market, yields down a bit although making only small dent in Friday's rise. Trading very much in line with US Treasuries.
November 17, 2025 at 11:38 AM
Every component in the UK S&P Global Consumer Sentiment Index declined this month 👇
November 17, 2025 at 9:40 AM
They sort of already do this (section on sensitivities where they describe what would wipe out headroom)

But I think if there were games to stack the forecasts (and I'm not sure about that, given that would be incredibly dumb), I genuinely think the OBR would spell that in plain English
November 14, 2025 at 8:40 AM
Oh boy
November 14, 2025 at 7:07 AM
British Health Secretary Wes Streeting looks over a car as he walks outside a television studios in London, Britain, November 12, 2025. REUTERS/Hannah McKay
November 12, 2025 at 10:09 AM
November 12, 2025 at 10:00 AM
Duff-looking UK labour market data this morning.

Payrolls on a declining trend, unemployment rate hits 5%.

(usual caveats to both - former v prone to revisions, often upwards, and latter is drawn from the wonky Labour Force Survey)
November 11, 2025 at 8:31 AM
And this from Wes Streeting on the sanctity of manifesto pledges (to Sky News, 16/06/24)
November 10, 2025 at 9:36 AM
Another Johnson quote from that time that stuck in the mind...
www.reuters.com/world/uk/uk-...
November 10, 2025 at 9:14 AM
It's Reagan that makes it
November 7, 2025 at 12:05 PM
Oh boy
November 6, 2025 at 9:40 AM
Ah, I see "kickstart the economy" still going strong while I've been away.
November 5, 2025 at 4:06 PM
This strange photo has popped up as a "10 years ago" memory on my phone.
October 31, 2025 at 12:50 PM
🎃
October 27, 2025 at 1:56 PM
Some casual Francophobia from ChatGPT
October 16, 2025 at 9:45 AM
Teeny house guest brought in by the cat last night.
October 13, 2025 at 2:59 PM
Interesting line in the Wikipedia profile of New Zealand psychologist Nigel Latta, who died the other day aged 58.
October 1, 2025 at 8:35 AM
Well I'm not going back to this
September 25, 2025 at 12:03 PM
Burnham knows all that - he's been a cabinet minister.

But then you read this 👇...

Looks fiscally expansive and yet: "We’ve got to get beyond this thing of being in hock to the bond markets."

What to make of it?
September 25, 2025 at 10:59 AM
To be equally flippant, you can "get around" the bond market thing.

1. Growth miracle - some sort of big positive shock. Not in this timeline. 🧚
2. Austerity. 💀
2. Raise taxes and don't eff around. Will this 👇 cut it?
September 25, 2025 at 8:06 AM