Coronavirus is our chance to completely rethink what the economy is forAnd split an infinitive or two. By someone called Bull [sic], a professor of
There you go.
ND
Coronavirus is our chance to completely rethink what the economy is forAnd split an infinitive or two. By someone called Bull [sic], a professor of
Keir Starmer is pivoting Labour away from the support it has given to trade unions in recent years ... leading figures in two Labour-affiliated unions – the Fire Brigades Union and the Bakers, Food and Allied Workers Union – released statements condemning Starmer’s favoured [and of course successful] candidate, David Evans, for party General Secretary as “divisive.” The former Blair-era fixer is deeply unpopular with many of Labour’s affiliated unions and seen as likely to diminish their influence.And never mind Starmer and his pivoting: there are plenty on the purist Left who despair of the undemocratic, unrepresentative machinations and general corruption (not to mention conservatism) they see amongst the ranks of the dinosaurs.
We may be going back to the pre-industrial revolution days where it was normal to wfh. Some of the nicer terraced houses in Weston Super Mare still have large workshops at the end of the garden. Back in the day, that was where the artisan did his/her work^^.It's a bit more complicated than that. Prior to the introduction of the factory system, large quantities of properly marshalled labour were periodically required, regular examples being for the harvest, and for war. But other large-scale projects (inevitably labour intensive) were conducted as well: the construction of large buildings, canals, drainage schemes, country parks.
You have to suspect Tories will go for pensions if deficit is as bad as it could be. They are going to massively rise in coming decades anyway so might as well deploy some shock doctrine. I think they’ll plump for that, citing ‘generational justice’, and VAT/NI.Now let's immediately accept that one interpretation of this, is: Bastani is merely predicting what the Tories will do next, because he assumes that they (foolishly) think "it all needs to be paid back eventually". But that's not how I read it. It seems to me (and others in the thread following his tweet) that young Aaron himself thinks it all does indeed have to be "paid back" - 'cept he'd do it via a wealth tax etc etc. He's just mulling over the conventional options for doing so, and speculating on the politics around the choices available. (I have no intention of ringing him up and finding out which is correct.) In any event, he didn't rise to the chiding of one of his BTL commenters who retorted:
Love the comments on here from Corbynistas implying the Govt have spent too much! Pot/Kettle.So for now, I'm sticking with my interpretation. Deep in the public psyche, plain vanilla grocer's-daughter Thatcherism rules, OK!
Ofgem is in negotiations to pay more than £50m to EDF to reduce output from Britain's largest nuclear reactor (SZB) to avoid blackouts this summer. Low demand threatens to overwhelm the network with surplus electricity, notably from nukes and windfarms that "must run". National Grid warns of a "significant risk of disruption to security of supply" over the Bank Holiday unless it is granted emergency powers to disconnect excess solar and wind farms. The costs of paying off all these plants will feed through to consumer energy bills - of course!Ofgem (again) warns of a potential shock to consumers after research revealed only 35% have thought about the impact of coronavirus on their energy bills. 23% feel their finances are negatively impacted and 44% expect their financial situation to deteriorate in the next six months. 56% say they are using more energy than normal for the time of year, rising to 75% among families with children. Despite this, only 35% have given consideration to the roll-on impact to their bills, prompting the regulator to warn of potential “bill shock” further down the line
UK power network balancing costs for Q1 2020 climbed 36% year-on-year, driven by rising constraint payments to natural gas and wind powered facilities, National Grid data show: £430m, up from £312m in Q1 2019