Exhibit one, the very high premium over book value of US firms www.economicliberties.us/wp-content/u...

Increasingly worried the Govt's 10 year infra plan has been captured by private company talking points: assets.publishing.service.gov.uk/media/6853c5... (THREAD:)

This is the key chart from the Cunliffe Review provisional findings. Mahoosive slug of spending driven by govt environmental priorities for 2025-30. Maybe overdue, but the lack of glide path is going to challenge financing and deliverability.

I wonder to what extent this is down to the utterly inneffectual fannying around by UK politicians pretending to fix the climate and housing crises to date... Look at China and how fast they roll out renewables and other infra, as a counterpoint...

Deranged terminology. Will Rachel Reeves order jobcentres to be stocked with ten bags of Chat-GPT?

Struck me that James Joyce looks like a missing member of Monty Python.