I have a lot of sympathy of Angela Rayner but she failed to pay the correct level of SDLT on a property, its not complicated. How can a senior politician be so financially illiterate! I do also view this as a concerted campaign by a right-wing media keen to oust a genuinely relatable politician!

A very enjoyable event. For me perhaps missing the point that “capitalism” isn’t really a coherent ideology which is why it’s such a resilient system. For example, @TheConduit had just hosted its Young Innovators awards for capitalists/business people but all seeking to make a positive impact.

Auden had it perfectly “Out of the air a voice without a face Proved by statistics that some cause was just. In tones as dry and level as the place:”

The crude maths used to justify tariffs is a "fig leaf" deployed to lend some supposed economic weight to purely retaliatory tariffs- the chart maps out how they function. Simply penalising countries selling more than they buy from the US.

Of course, the rarely spoken/unwritten truth is that the powerful can protest and have their views heard, but those without economic power are barred from protest.

"Take the US’s goods trade deficit with any particular country, and divide it by the total amount of goods imported from that country. Cut that percentage in half, and there’s the US’s “reciprocal” tariff rate". Thank you @ft.com.web.brid.gy and POTUS for this