John Alty
@JohnAlty1
Visiting Prof in practice @LSEEI; trustee Director @IOExport; member @CATribunal. Senior adviser @pagefieldLondon; NED @TradeRemediesUK. Previously @tradegovuk
A landmark moment signing our trade deal with India at Chequers today. This deal is a major win for Britain, delivering quality jobs, putting money in the pockets of hardworking Brits, and helping with the cost of living. It is great news for workers, businesses and consumers
Jonny Reynolds says a wealth tax is daft and unserious Calls it populism and says it’s frustrating to see Labour colleagues call for it Dose of reality for the party from the business secretary Via @Joe_Mayes >>> bloomberg.com/news/articles/…
“Reeves should heed the siren warnings about deregulation” @FT If I were the writer of this letter I’d be a bit annoyed that nobody @FT seems to understand what the role of the sirens was in the Odyssey and so wrote a headline which contradicts the content of my letter !
In the light of resident doctors’ action this year I wonder if anyone is having second thoughts about their action last year.
Pascal Soriot is pictured in @thetimes speaking about @AstraZeneca’s new investments in the US, in front of a State of Virginia flag. He is a smart guy, so I expect he knows that the Latin motto on the flag (“Sic Semper Tyrannis”) means, in context, “Death to all tyrants”.
This is what happens when you live in your own little bubble Now I’ve left Britain, here’s what you look like thetimes.com/article/0bd95f…
“The AI agenda would be way more advanced if it wasn’t for Miliband’s focus on net zero,” said one tech department official, who added DESNZ was at odds with Prime Minister Sir Keir Starmer’s tech-focused growth plans” @FT A reminder that “officials” in these leaks means SpAds.
At their essence, quantitative restrictions on trade—such as import & export bans, licensing requirements, & tariff rate quotas—replace efficient price systems with bureaucratic controls & ration tickets, Gary Clyde Hufbauer & Ye Zhang write. piie.com/blogs/realtime…
Siri: what does transshipment mean?
Vietnam has replaced China as the major source of US imports for many simpler manufactured goods.
This is the sort of misleading data which needs to be challenged - see below.
Deindustrialization in the US has been a consistent, steady trend since the 1950s.
Good to see @RanaForoohar @FT recognition of the role of technology “as well as outsourcing to China” in changing manufacturing jobs. Here is your regular reminder that US manufacturing value added has continued to rise over the last 2 decades, even if jobs haven’t.
I see No 10 are reported to be appointing a “permanent secretary” of communications. If so, it can only be a matter of time before we have a permanent secretary for paper clips #gradedrift
“Police chiefs have started to complain publicly about the omnipresent smell of cannabis in our towns and cities.”@thetimes I did a double take - surely this should read: “people have been complaining to the police for years about this to no effect”, at least in Hackney.
Sorry, not sorry, Don... Exporting countries are not paying for your tariffs They're an import tax paid by the US
As a former insurance regulator, completely agree with Nikhil Rathi @TheFCA that it’s wise to check politicians’ appetite for risk before charging ahead and cutting red tape. You can’t have your cake and eat it, as we all know ! @thetimes
A day after the chancellor warned City rules had "gone too far in seeking to eliminate risk", the FCA head calls for a discussion on exactly how much risk we're willing to tolerate - interesting comments from Nikhil Rathi on the conundrum facing Britain thetimes.com/business-money…
“Reeves’ financial strategy leaves City grandees underwhelmed” @FT If those - as the quotes in the article imply - are the people who expect the Government to operate some sort of command and control regime with people’s savings to their benefit, so much the better.
If World War II America teaches us anything, it is that it's possible to ramp up production at extraordinary speed when disaster strikes. The United States was never historically dominant in shipbuilding—nor did it need to be. The notion that industrial policy must permanently…
It’s such a relief that although I don’t own an EV myself I can play my part in their adoption by paying taxes to subsidise other people who are buying them.
“Make America affordable again” @RanaForoohar @FT I’m not often a kindred spirit of @RanaForoohar, but this struck me as good advice for the Democrats, taking the real insights from Mamdani’s campaign, whilst warning against the likely pitfalls.