James Mills
@jamesmills.bsky.social
Husband, father, Arsenal & Hibs supporter - a former Labour political adviser... and current advocate for the North.
Reposted by James Mills
Updating Labour’s 2017 approach on income tax would ensure that only the top 5% of earners pay more - a fair and reasonable dividing line argues former advisor to John McDonnell @jamesmills.bsky.social
‘To win back trust, Labour needs a clear dividing line on tax’ – LabourList
There are few things as a political adviser, outside of elections, that makes one's heart sink more than a new poll when your party is…
labourlist.org
November 10, 2025 at 9:47 AM
Updating Labour’s 2017 approach on income tax would ensure that only the top 5% of earners pay more - a fair and reasonable dividing line argues former advisor to John McDonnell @jamesmills.bsky.social
Spoke to @skynewsrss.bsky.social earlier today about Labour’s future. I voted for Lucy Powell as she ran the most positive campaign, about hope, unity and bringing people together to win.🌹
October 25, 2025 at 2:23 PM
Spoke to @skynewsrss.bsky.social earlier today about Labour’s future. I voted for Lucy Powell as she ran the most positive campaign, about hope, unity and bringing people together to win.🌹
Clear policies from @andyburnham.bsky.social that'd drive real change... If adopted they’d revive our Party's poll numbers and our country's prospects:
-Scrap 2-child cap
-Reband council tax
-Restore 50p rate
-Cut taxes for low earners
-Borrow for council homes
-Public control of utilities
-Scrap 2-child cap
-Reband council tax
-Restore 50p rate
-Cut taxes for low earners
-Borrow for council homes
-Public control of utilities
Burnham believes the Government has afforded the market too much power
Andy Burnham versus the bond market
www.newstatesman.com
September 25, 2025 at 5:17 PM
Clear policies from @andyburnham.bsky.social that'd drive real change... If adopted they’d revive our Party's poll numbers and our country's prospects:
-Scrap 2-child cap
-Reband council tax
-Restore 50p rate
-Cut taxes for low earners
-Borrow for council homes
-Public control of utilities
-Scrap 2-child cap
-Reband council tax
-Restore 50p rate
-Cut taxes for low earners
-Borrow for council homes
-Public control of utilities
Reposted by James Mills
I was on Sky News yesterday, I discussed the Labour reshuffle and deputy leadership race, and why this moment matters for Labour’s direction.
September 7, 2025 at 10:17 PM
I was on Sky News yesterday, I discussed the Labour reshuffle and deputy leadership race, and why this moment matters for Labour’s direction.
I was on Sky News yesterday, I discussed the Labour reshuffle and deputy leadership race, and why this moment matters for Labour’s direction.
September 7, 2025 at 10:17 PM
I was on Sky News yesterday, I discussed the Labour reshuffle and deputy leadership race, and why this moment matters for Labour’s direction.
𝗖𝗼𝗿𝗿𝗶𝗱𝗼𝗿𝘀 𝗼𝗳 𝗨𝗻𝗰𝗲𝗿𝘁𝗮𝗶𝗻𝘁𝘆 𝘂𝗽𝗱𝗮𝘁𝗲:
10Y gilt at around 4.8% and 30Y near 5.7%... both now exiting the OBR’s corridor of uncertainty (between yellow and red lines).
The OBR’s forecasted £9.9bn headroom may already be down to around £4bn (0.1% of GDP), if it exists at all.😬
10Y gilt at around 4.8% and 30Y near 5.7%... both now exiting the OBR’s corridor of uncertainty (between yellow and red lines).
The OBR’s forecasted £9.9bn headroom may already be down to around £4bn (0.1% of GDP), if it exists at all.😬
Corridors of Uncertainty:
To preserve the OBR’s forecasted £9.9bn fiscal headroom:
- 10Y gilts must average at or below 4.8% (yellow line).
- 30Y gilts at or below 5.2% (yellow line).
Above that - but below 5.4% / 5.8% (red line)... lies the corridor of uncertainty!
To preserve the OBR’s forecasted £9.9bn fiscal headroom:
- 10Y gilts must average at or below 4.8% (yellow line).
- 30Y gilts at or below 5.2% (yellow line).
Above that - but below 5.4% / 5.8% (red line)... lies the corridor of uncertainty!
September 2, 2025 at 3:07 PM
𝗖𝗼𝗿𝗿𝗶𝗱𝗼𝗿𝘀 𝗼𝗳 𝗨𝗻𝗰𝗲𝗿𝘁𝗮𝗶𝗻𝘁𝘆 𝘂𝗽𝗱𝗮𝘁𝗲:
10Y gilt at around 4.8% and 30Y near 5.7%... both now exiting the OBR’s corridor of uncertainty (between yellow and red lines).
The OBR’s forecasted £9.9bn headroom may already be down to around £4bn (0.1% of GDP), if it exists at all.😬
10Y gilt at around 4.8% and 30Y near 5.7%... both now exiting the OBR’s corridor of uncertainty (between yellow and red lines).
The OBR’s forecasted £9.9bn headroom may already be down to around £4bn (0.1% of GDP), if it exists at all.😬
To show the real-world significance of PMQs today:
UK 10Y gilt yields spiked 12bps (a very sharp move) and the FTSE 100 dropped 0.6% in under an hour...
Both during Reeves’ moment in the chamber.👀
Markets are always watching. And #PMQs still offers big moments or flashpoints!
UK 10Y gilt yields spiked 12bps (a very sharp move) and the FTSE 100 dropped 0.6% in under an hour...
Both during Reeves’ moment in the chamber.👀
Markets are always watching. And #PMQs still offers big moments or flashpoints!
July 2, 2025 at 3:36 PM
To show the real-world significance of PMQs today:
UK 10Y gilt yields spiked 12bps (a very sharp move) and the FTSE 100 dropped 0.6% in under an hour...
Both during Reeves’ moment in the chamber.👀
Markets are always watching. And #PMQs still offers big moments or flashpoints!
UK 10Y gilt yields spiked 12bps (a very sharp move) and the FTSE 100 dropped 0.6% in under an hour...
Both during Reeves’ moment in the chamber.👀
Markets are always watching. And #PMQs still offers big moments or flashpoints!
The difference a Labour government makes...
This IFS chart shows it plainly: higher public investment under Labour (outside of major crises like Covid). #SpendingReview
This IFS chart shows it plainly: higher public investment under Labour (outside of major crises like Covid). #SpendingReview
June 12, 2025 at 1:52 PM
The difference a Labour government makes...
This IFS chart shows it plainly: higher public investment under Labour (outside of major crises like Covid). #SpendingReview
This IFS chart shows it plainly: higher public investment under Labour (outside of major crises like Covid). #SpendingReview
Combined, this means £7.5bn in welfare cuts by 29/30. I can't see them happening...
Esp' as it won’t take long for a canny Labour backbencher to notice that if you’re willing to accept a lower fiscal headroom, you could avoid these cuts and still meet your fiscal rules...👀 #SpendingReview
Esp' as it won’t take long for a canny Labour backbencher to notice that if you’re willing to accept a lower fiscal headroom, you could avoid these cuts and still meet your fiscal rules...👀 #SpendingReview
I suspect IFS and ResFo analysis will pick this up tomorrow anyway... but from 26/27, changes to Universal Credit for new disabled claimants are expected to save HMT £3bn a year by 29/30...🧐 #SpendingReview
June 11, 2025 at 2:17 PM
Combined, this means £7.5bn in welfare cuts by 29/30. I can't see them happening...
Esp' as it won’t take long for a canny Labour backbencher to notice that if you’re willing to accept a lower fiscal headroom, you could avoid these cuts and still meet your fiscal rules...👀 #SpendingReview
Esp' as it won’t take long for a canny Labour backbencher to notice that if you’re willing to accept a lower fiscal headroom, you could avoid these cuts and still meet your fiscal rules...👀 #SpendingReview
I suspect IFS and ResFo analysis will pick this up tomorrow anyway... but from 26/27, changes to Universal Credit for new disabled claimants are expected to save HMT £3bn a year by 29/30...🧐 #SpendingReview
June 11, 2025 at 1:08 PM
I suspect IFS and ResFo analysis will pick this up tomorrow anyway... but from 26/27, changes to Universal Credit for new disabled claimants are expected to save HMT £3bn a year by 29/30...🧐 #SpendingReview
This is probably the most significant line in the entire #SpendingReview as it pretty much confirms what the IFS and ResFo suggested in their pre-analysis...
that as Health, Education & Defence are protected it means real-terms cuts for the rest of up to 3.4% a year... if correct
that as Health, Education & Defence are protected it means real-terms cuts for the rest of up to 3.4% a year... if correct
June 11, 2025 at 1:06 PM
This is probably the most significant line in the entire #SpendingReview as it pretty much confirms what the IFS and ResFo suggested in their pre-analysis...
that as Health, Education & Defence are protected it means real-terms cuts for the rest of up to 3.4% a year... if correct
that as Health, Education & Defence are protected it means real-terms cuts for the rest of up to 3.4% a year... if correct
Well, Ramaphosa won that...
May 21, 2025 at 5:27 PM
Well, Ramaphosa won that...
Corridors of Uncertainty:
To preserve the OBR’s forecasted £9.9bn fiscal headroom:
- 10Y gilts must average at or below 4.8% (yellow line).
- 30Y gilts at or below 5.2% (yellow line).
Above that - but below 5.4% / 5.8% (red line)... lies the corridor of uncertainty!
To preserve the OBR’s forecasted £9.9bn fiscal headroom:
- 10Y gilts must average at or below 4.8% (yellow line).
- 30Y gilts at or below 5.2% (yellow line).
Above that - but below 5.4% / 5.8% (red line)... lies the corridor of uncertainty!
April 10, 2025 at 6:00 PM
Corridors of Uncertainty:
To preserve the OBR’s forecasted £9.9bn fiscal headroom:
- 10Y gilts must average at or below 4.8% (yellow line).
- 30Y gilts at or below 5.2% (yellow line).
Above that - but below 5.4% / 5.8% (red line)... lies the corridor of uncertainty!
To preserve the OBR’s forecasted £9.9bn fiscal headroom:
- 10Y gilts must average at or below 4.8% (yellow line).
- 30Y gilts at or below 5.2% (yellow line).
Above that - but below 5.4% / 5.8% (red line)... lies the corridor of uncertainty!
Ginger Baker and Rick Buckler, the best drummers to come from these isles... RIP.
This song is one of my favourite by The Jam to show his talent. 🥁Any guitar and any bass drum...
www.youtube.com/watch?v=GO-3...
This song is one of my favourite by The Jam to show his talent. 🥁Any guitar and any bass drum...
www.youtube.com/watch?v=GO-3...
The Jam - When You're Young
YouTube video by TheJamVEVO
www.youtube.com
February 18, 2025 at 10:50 PM
Ginger Baker and Rick Buckler, the best drummers to come from these isles... RIP.
This song is one of my favourite by The Jam to show his talent. 🥁Any guitar and any bass drum...
www.youtube.com/watch?v=GO-3...
This song is one of my favourite by The Jam to show his talent. 🥁Any guitar and any bass drum...
www.youtube.com/watch?v=GO-3...
December 26, 2024 at 2:38 PM
Reposted by James Mills
Low-to-middle income families today are older and have fewer children than three decades ago.
Single people with no children now make up almost half (48 per cent) of low-middle income households, compared to 40 per cent in 1994-94.
Single people with no children now make up almost half (48 per cent) of low-middle income households, compared to 40 per cent in 1994-94.
November 15, 2024 at 4:53 PM
Low-to-middle income families today are older and have fewer children than three decades ago.
Single people with no children now make up almost half (48 per cent) of low-middle income households, compared to 40 per cent in 1994-94.
Single people with no children now make up almost half (48 per cent) of low-middle income households, compared to 40 per cent in 1994-94.
This is a huge change that could be influencing wider voting patterns...
20 is the new 50 for low-to-middle income Britain.
Adults in low-to-middle income families are now almost as likely to be in their 50s (20%) as their 20s, (21%).
This is a big shift from 1994-95, when low-to-middle income adults were around 60% more likely to be in their 20s.
Adults in low-to-middle income families are now almost as likely to be in their 50s (20%) as their 20s, (21%).
This is a big shift from 1994-95, when low-to-middle income adults were around 60% more likely to be in their 20s.
November 14, 2024 at 7:38 PM
This is a huge change that could be influencing wider voting patterns...
Reposted by James Mills
Low-to-middle income families across Britain have got older and sicker over the past three decades.
Demographic and social changes over the last three decades mean that low-to-middle income families in Britain today have also changed.
Here's four things you need to know about 'Unsung Britain' ⤵️
Demographic and social changes over the last three decades mean that low-to-middle income families in Britain today have also changed.
Here's four things you need to know about 'Unsung Britain' ⤵️
November 14, 2024 at 3:04 PM
Low-to-middle income families across Britain have got older and sicker over the past three decades.
Demographic and social changes over the last three decades mean that low-to-middle income families in Britain today have also changed.
Here's four things you need to know about 'Unsung Britain' ⤵️
Demographic and social changes over the last three decades mean that low-to-middle income families in Britain today have also changed.
Here's four things you need to know about 'Unsung Britain' ⤵️