Richard Sagar @SagarRichard
Work on finance and charities, also interested in politics & philosophy. Views my own. Who else's would they be? London Joined December 2011-
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Here is the key point about today's announcement on defence spending. The overall spending "envelope" was set in the Budget, and hasn't been adjusted. With no more spending overall (and no tax rises) that can mean only one thing: bigger spending cuts elsewhere.
Here is the key point about today's announcement on defence spending. The overall spending "envelope" was set in the Budget, and hasn't been adjusted. With no more spending overall (and no tax rises) that can mean only one thing: bigger spending cuts elsewhere.
Such sad news. He was a brilliant philosopher who had a profound influence on cognitive science. And he was hugely supportive to young scholars—including me, long ago. A great loss. dailynous.com/2024/04/19/dan…
As part of tax administration and maintenance day Gov have announced a consultation on introducing a VAT relief for low value goods donated by businesses to charities for them to give away.@CFGtweets look forward to more info & will consult with members and respond in due course.
delighted to be joining the @LendingStdBrd as a Non-Executive Director lendingstandardsboard.org.uk/the-lending-st…
Daniel Kahneman, RIP... marginalrevolution.com/marginalrevolu…
#BREAKING Prime Minister @RishiSunak says there WILL NOT be a General Election on May 2. Asked by @itvwestcountry he said: “There won’t be a general election on that day.”
PSA: To have election on 2 May you have to dissolve Parliament on 26 March. To have even a v rushed wash up of legislation and other business that means announcing the election in the early stages of next week. So basically in a week’s time we can stop debating it
Today we're excited to introduce Devin, the first AI software engineer. Devin is the new state-of-the-art on the SWE-Bench coding benchmark, has successfully passed practical engineering interviews from leading AI companies, and has even completed real jobs on Upwork. Devin is…
Useful round up on what #Budget2024 means for the charity sector from @CFGtweets (including good news for museum sector on MGETR being made permanent) 👇
Useful round up on what #Budget2024 means for the charity sector from @CFGtweets (including good news for museum sector on MGETR being made permanent) 👇
“It is disappointing that the Govt has not today announced measures to adequately fund the local services people rely on every day.” Chair @CllrShaunDavies gives our full response to the Chancellor’s #Budget2024 announcements. 🔗⬇️ 1/3 local.gov.uk/about/news/lga…
Interesting...
GDP per person is forecast to be around 1 per cent lower in 2024 than its pre-pandemic level and around 1 per cent lower by the end of 2028 than we forecast in November. #Budget2024
Positive that there is firm commitment from HMT that they will amend Gift Aid legislation (income tax act) to ensure charities don't lose out on Gift Aid as a result of the DMCC Bill provisions on membership subscription schemes. @NCVO @CFGtweets @CIOFtweets
Wow - *abolishing* non dom regime. Removing outdated concept of "domicile" and replacing with residence based system. Good. Lots of detail to see here.
CX announces that he will continue to cut NI when the can "to make work pay"
🐰(of sorts) Jeremy Hunt announces child benefit threshold will be raised from £50k to £60k - and top of taper increased to £80k. They’ll also consult on switching child benefit to a household system.
As widely trailed cuts to NiCs from 6 April 10% to 8%. Self employed NiCs cut from 8% to 6%. #Budget2024
We’re increasing the threshold at which parents start paying the High Income Child Benefit Charge, from £50,000 to £60,000. Making almost half a million families better off by an average of almost £1300 per household.
The Government will end the current tax regime for UK non-doms. Under the new regime anyone who has been a tax resident in the UK for more than four years will pay UK tax on their foreign income and gains. Making sure the UK tax system is fair and internationally competitive.
Debra Allcock Tyler @DebAllcockTyler
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2K Followers 144 Following 25 years of statistical expertise in medical and healthcare research. Home of @OCTRUctu and @EQUATORNetwork UK Centre. Based in @ndorms @UniofOxfordGary Collins 🇪🇺 @GSCollins
10K Followers 989 Following Prof of Med Stats @UniofOxford | Director @CSMOxford & UK @EQUATORNetwork | @TRIPODStatement +AI | BMJ Stats Ed | 🚴this paper on collective intelligence by @drmichaellevin is one of the most mind-blowing things I've read in a while it's full of examples of the under-appreciated intelligence of biological systems, with some deep perspective shifts on our understanding of ourselves thread:
@jesssica__evans “His soul swooned softly as he heard the snow falling faintly through the universe and faintly falling, like the descent of their last end, upon all the living and the dead.”
Ben is 100% right. Numbers used in describing increase in defence spending are impenetrable, misleading & internally inconsistent. Committing to 2.5% of GDP on defence is big and important. There is no need for this profusion of overblown and inconsistent numerical claims.
It's only a "£75 billion increase" over 6 years if you assume that spending would otherwise have been frozen in cash terms for 6 years - i.e. only if the government was, until today, planning to breach its NATO commitments. This is such an unhelpful way to present the figures.
Here is the key point about today's announcement on defence spending. The overall spending "envelope" was set in the Budget, and hasn't been adjusted. With no more spending overall (and no tax rises) that can mean only one thing: bigger spending cuts elsewhere.
This is a big spending commitment (an extra 0.5% of GDP will be approx £17bn by 2030). Notably, there's no sign that overall spending plans have been topped up. So it's implicitly coming from other areas. Unprotected public services now face cuts of around 4% p.a. after 2025.
Listening now to the full account of the "openly Jewish" incident it is apparent that Gideon Falter was angling for an incident just like this. And an officer eventually provided it. Worth looking at the @CST_UK statement
New polling evidence from Tax Policy Associates and WeThink shows that half the public doesn’t understand a basic principle of income tax: the way that tax rates apply to income above a threshold. Thread!
Dan Dennett was a great philosopher, skilled with words, images, thought experiments & intuition pumps. But unlike many clever philosophers (to borrow from PB Medawar) he had something important to be clever ABOUT, namely science. Much more yet, he was a dear friend. So very sad.
One pretty cool geological fun fact is that the Appalachian Mountains, the Atlas Mountains, the Scottish Highlands, the Watkins Range and Scandinavian Mountains were all once part of the same mountain range, the Central Pangean Mountains
Just met a young man who took us up on the offer of free dry cleaning for his interview clothes…and got the job!
#OnThisDay #OTD April 14, 1996, Skinner purchased fast food to disguise as his own cooking at an unforgettable luncheon with Superintendent Chalmers, when "22 Short Films About Springfield" first aired on Fox. @thatbilloakley @Joshstrangehill #TheSimpsons #SteamedHams
🚨personal news🚨I’ll be leaving the BBC at the end of May. Newsnight in its current format will end then, so most posts will go. I decided not to apply for other BBC jobs. Working there for 35 yrs has been life defining: an eyewitness to history collaborating with such brilliant…
Almost as if some of them can afford to buy/inherit/get help with houses, and some can't!
NEW: my column this week is about the coming vibe shift, from Boomers vs Millennials to huge wealth inequality *between* Millennials. Current discourse centres on how the average Millennial is worse-off than the average Boomer was, but the richest millennials are loaded 💸🚀
Confused about state pensions? Which is very easy given the misinformation you read on here Then listen to @DAaronovitch paullewismoney @PJTheEconomist @ClaerB and @stevewebb1 explain it all here bbc.co.uk/sounds/play/m0…
Agree with Haidt that phone-based childhoods are a disaster. Kids need a good old-fashioned PC-based childhood with lots of Starcraft, Half-Life and FIFA 98.
So good on Nietzsche, so good on Wagner, Michael Tanner thetimes.co.uk/article/michae…
Leaving the Erasmus scheme was a huge loss for young people in this country and I sincerely hope @UKLabour will commit to opening negotiations to rejoin. politico.eu/article/brits-…
We are pleased to announce the appointment of three new Board members, @caronlb, @IainDale, and @PJTheEconomist. They will be invaluable to our efforts to drive the highest levels of protections for customers across financial services. Read more: bit.ly/43ODH66
delighted to be joining the @LendingStdBrd as a Non-Executive Director lendingstandardsboard.org.uk/the-lending-st…