Joel Hills @ITVJoel
Business and Economics Editor, ITV News. Data, evidence, statistics, proof. And Pompey (occasionally). itv.com/joelhills Joined July 2009-
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The chancellor says he wants to cut taxes again before the election if he can, but the IMF suggests the cuts he has already made aren’t credible. It urges the government to take urgent action to reign in its debts, as @ITVJoel reports
WE'VE DONE IT!!!!!!!!!!!!!!!!!!!! 🏆 #Pompey
"These fiscal rules are not good" Former Bank of England Chief Economist Andy Haldane says Jeremy Hunt & Rachel Reeves’ fiscal rules are holding back investment and growth, describing them as "self-defeating on their own terms". #Peston
H2-OH-NO! Mark is correct.👇 Although, special administration is not a given. There are a lot of vested interests in play. Beware of brinksmanship. Shareholders can always change their mind.
H2-OH-NO! Mark is correct.👇 Although, special administration is not a given. There are a lot of vested interests in play. Beware of brinksmanship. Shareholders can always change their mind.
MPs have summoned the boss of P&O Ferries to answer questions about working conditions. Last week ITV News and the Guardian revealed the company was paying some agency crew less than £5 an hour and asking them to work for up to 17 weeks without a day-off. @ITVJoel reports
MPs summon the boss of P&O to answer questions about working conditions onboard the company’s ferries. Meanwhile, P&O u-turns. It will now sign a charter which includes a commitment to paying crew the UK minimum wage. But it won’t say when. Full report: itv.com/news/2024-03-2…
New: the chief executive of P&O Ferries has been summoned by MPs to answer questions about the way it treats its crew. On 7th May, Peter Hebblethwaite will appear on a panel with executives from other firms which have been named and shamed for failing to pay the minimum wage.
Last Sunday marked the second anniversary of P&O Ferries sacking 786 workers. Two years on nothing has changed. It has now been revealed that the company is forcing staff to work 12 hours a day, 7 days a week, for up to *17 weeks* at a time. This cannot be allowed to continue.
The interest rate decision in brief: @bankofengland holds but points to signs that domestic inflationary pressures are easing. No hint that cuts are imminent. And good news for the chancellor. MPC decides his Budget is will stimulate a little growth and very little inflation.
It’s a hold! Bank of England votes for the fifth time to keep rates at 5.25%.
France’s Maritime Minister says it’s “dangerous” and “not moral” for P&O to ask crew to work for 17 weeks without a day off. The law in France now limits the time crew can work to 2 consecutive weeks. P&O Ferries hasn’t responded but has said previously its crew are well-rested
France’s Maritime Minister says it’s “dangerous” and “not moral” for P&O to ask crew to work for 17 weeks without a day off. The law in France now limits the time crew can work to 2 consecutive weeks. P&O Ferries hasn’t responded but has said previously its crew are well-rested
Paul Brand @PaulBrandITV
193K Followers 2K Following UK Editor @itvnews. Presenter @ITVTonight @LBC. 3 x Royal Television Society winner 2023. Award-winning podcast Partygate: The Inside Story👇
Ed Conway @EdConwaySky
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Peter Foster @pmdfoster
110K Followers 6K Following Public Policy Ed for @ft. DMs open. BOOK: What Went Wrong with Brexit: https://t.co/UP3yuNFih7
Niall Paterson @skynewsniall
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Neil Henderson @hendopolis
107K Followers 8K Following BBC journalist & your first look at #TomorrowsPapersToday unless I fall asleep on the sofa. Also cats and #MCFC. Not an offical BBC account.
Ben Kentish @BenKentish
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Rachel Wearmouth @REWearmouth
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Torsten Bell @TorstenBell
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Adam Boulton @adamboultonTABB
223K Followers 2K Following I RT what amuses or interests me inc. criticism. RT is not an endorsement. I mute or block trolls.
Daniel Hewitt @DanielHewittITV
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223K Followers 2K Following I RT what amuses or interests me inc. criticism. RT is not an endorsement. I mute or block trolls.
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173K Followers 2K Following Financial Times Economics Commentator; Honorary Professor of Practice, UCL Policy Lab Sign up to my newsletter in the link below
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Robert Murtagh - Join.. @robertmurtagh1
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8K Followers 4K Following Political Editor at PA (@pa). Any views are mine, retweets are not endorsements. Open DMs if you've got a story...
Daniel Robinson @dddanielrrr
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4K Followers 4K Following @BBCNewsnight. Before that @SkyNewsPolitics
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37K Followers 364 Following @UCLLaws @11KBW @hayfestival #EASTWESTSTREET #THERATLINE #THELASTCOLONY
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I'm @Ketanjoshi.co on.. @KetanJ0
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Picture the scene. You've just won a stonking election victory. You're appointed Chancellor. You triumphantly enter the Treasury. What's next? We've built a new interactive tool that lets you take the reins of the all-important post-election Budget 👇 ifs.org.uk/election-2024/…
Who fancies a shot of champions juice
WATCH 📺 @GBNEWS : I believe the Conservatives are going to do better than many people think in the General Election. As we get closer to an election, voters will be confronted with the choice between us and Labour. It will be the first election since 2015 where it's not a snap…
ANDREW NEIL: After 14 years in exile, Labour has no radical thinking mol.im/a/13228437 via @MailOnline
🚨BREAKING: Network Rail has just confirmed to my team @GBNEWS that they will REMOVE the Muslim hadith from King's Cross Station. We've had quite an interesting interaction with them today, I'll tell you all about it on my show 9-11pm tonight.
Supplementary to last night’s thread: the attention this morning in the press on Labour’s fiscal rules is an odd focus. The fiscal envelope is less interesting than the ideology surrounding allocation/ regulation that was unveiled in the lecture. Everyone (sensible) agrees that…
I'm looking for a press officer to join my team. If you want to be at the heart of Labour's general election campaign, and meet the criteria, details are below 👇🏻 w4mpjobs.org/JobDetails.asp…
🚨 New Paper 🚨 Read Paul Fisher's latest work on UK #productivity and #investment 📊 The UK urgently needs to invest in the transition to #NetZero and beyond... failure to reverse greenhouse gas emissions risks bringing economic disaster 🌍📈 Download the full report 🔓⬇️…
Both Labour and Tories are committed to reducing the debt-to-GDP ratio. But current forecasts suggest that this will be more difficult over the next parliament than in any other since the 1950s. Let me explain this rather complicated chart, and why it matters 🧵
Brilliant thread: (1) Current fiscal rules are poorly designed & being gamed (2) current rule is loosest ever (3) huge fiscal constraints: low growth, record debt interest, ageing population (4) need to run primary surplus just to stop debt rising. Real, tough, trade-offs.
I have a lot of sympathy with the critiques of the current set of fiscal rules, and some sympathy with the critiques of fiscal rules more generally. But too often, "I don't like the fiscal rules" actually seems to mean "whatever the question, the answer is more borrowing". 🧵
EXCLUSIVE: Jeremy Hunt will cut national insurance by 2 per cent in the Spring Budget tomorrow It will cost £10bn and be worth £450 for the average worker. He will sell it as £900 worth of tax cuts when combined with 2 per cent NI cut in Autumn Statement As per @SamCoatesSky…
Quite staggeringly confused debates about fiscal rules and the @OBR_UK "boxing the Chancellor in" over the last few days. A few clarifications as the Budget looms 🧵
Brett Christophers is one of the most interesting economic minds out there. Each of his books slays conventional wisdoms. The Price is Wrong is poss his best yet. Turns much of what you thought you knew about net zero on its head. Out today. Recommended! ft.com/content/0b8a1c…
Aménagé par le Conseil d’État, le décret sur le dumping social en passe d’être adopté. #mer #marin #marinemarchande @HerveBerville @ChristopheBechu @BrittanyFerries @ArmateursFR #dumpingsocial lemarin.ouest-france.fr/shipping/amena…
Your regular reminder that fuel duty cuts and freezes since 2010 are costing the Treasury more than £80bn a year – and mean the UK's CO2 emissions are up to 7% higher than they would have been otherwise carbonbrief.org/analysis-fuel-…
The Brexit border tax and how it affects one, small UK business and its costumers. @Scanditwitchen @labour4europe @stellacreasy scandikitchen.co.uk/sausages/
We will at some point have to deal with the ludicrous child benefit taper that is seeing some people face tax rates of over 80% when they earn £50 to £60k e.g 87% if you've got three kids and are eligible for universal credit
The £50,000 parent trap: why Tory MPs want @Jeremy_Hunt to deal with it in his Budget and why he’d love to do it too - if he had the £. Explainer on the 2013 tax cliff edge that drives middle Britain mad. With @EmmaAgyemang on.ft.com/435Zea5
NEW: UK govt forced to publish "risk tables" showing which bits of its net-zero strategy might fail Shows many parts are "uncertain" + at an "early stage" This is part of @GoodLawProject @friends_earth legal challenge being heard at High Court this wk drive.google.com/file/d/1naV-55…
“This is a proper recession just being hidden by having more people,” said @TorstenBell of the Resolution Foundation
Key chart here >> — GDP per head suggests the UK recession really started two years ago — seven quarters without per person growth — that’s the longest stretch on record — full extent of economic decline is only concealed by record immigration bloomberg.com/news/articles/…
NEW: Britain faces a shortfall of 100,000 homes a year in the next 5 years — 400,000 new houses a year needed to meet population growth driven by immigration (and missed targets) — Well above Tory/Labour 300k target Great story by @_DamianShepherd >> bloomberg.com/news/articles/…
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