Peter Holmes

@pholmes8.bsky.social

Semi-retired trade economist, Emeritus @ UKTPO Sussex. Posts about Brexit, Freeports, WTO and anything else that catches my fancy. Migrating across from other place. Tweeted as @pholmes8. Blogs with others at https://blogs.sussex.ac.uk/uktpo/blog/

You're right Kate, it IS obvious. The country desperately needs investment — we all see it. So who can afford to pay for it? Well, while wages flatlined for a decade, the fortunes of the richest (who pay lower tax rates because they own rather than earn) have exploded.

It’s important to understand that when 1.2 million Americans are dying from a disease, any government action is excessive and tyrannical, but if a dozen trans women want to play soccer no government action can go far enough

Important, because Farage's defence for not declaring Harborne's £5m 'gift' has always been very specific: he did not decide to stand until 3rd of June. Turns out this deal was struck mid-May (confirmed by RefUK) and facilitated by Farage's other big donor, convicted felon 'Posh' George Cotrell. 🧐

Nigel Farage struck Reform comeback deal long before election
Supervised by the convicted fraudster George Cottrell, the agreement undermines Farage's claim about when he decided to return to politics
REFORM UK
Bank of Single
Richard Tice was demoted to deputy leader when Farage returned in 2024
Gabriel Pogrund, Emanuele Midolo, Venetia Menzies
Saturday August 1 2026, 8.15pm, The Sunday Times
Nigel Farage struck a secret deal to return as leader of Reform UK months before the general election.
Farage negotiated the pact with Richard Tice, then the leader, in March and April 2024. George Cottrell, the convicted fraudster who had been secretly bankrolling Farage, supervised the discussions.
Under the terms of the deal, once Farage became leader Reform would repay or write off more than £1 million in outstanding loans it had received from Tice's company.
The deal was first presented by Farage and Cottrell to the party's treasurer in mid-May. Its existence undermines the Reform leader's claim that he had no intention until June 2024 of returning to politics. Farage has used this to defend his failure to declare donations made to him in the year before he was elected as an MP, which triggered two parliamentary investigations.
European Heart@bexbitchley.bsky.social · 4d ago

@mrjamesob.bsky.social @sturdyalex.bsky.social @pimlicat.bsky.social www.thetimes.com/uk/politics/article/nigel-farage-reform-leader-deal-george-cottrell-5gfrcrmb0

Between the 1970s and 1990s the UK state made a strategic bet to expand Higher Ed. They poured in untold billions of your money. Now it's been handed over to private creditors to burn in a furnace. Then they just laugh at you: at all the taxes you've ever paid or will ever pay. True story. (2/2)

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Ernst & Young fined £1,800,000 for dud audits of Made.com Did not establish that the business was a going concern, accepted management's assertions. No big accounting firm delivers good audits, act was poodles not watchdogs, fines passed to other clients. Audit itself is a fraud.

Sanctions against Ernst & Young LLP and Ms Julie Carlyle

Executive Counsel to the Financial Reporting Council (FRC) has issued a Final Settlement Decision Notice under the Audit Enforcement Procedure, imposing sanctions on Ernst & Young LLP (EY) and Julie C...

frc.org.uk

The people who falsely accused an Olympian of vandalizing the Lincoln Memorial Reflecting Pool are the same people telling you to trust them about the war with Iran

According to the parliamentary annual report & accounts for the 2025/26 financial year, the cost of subsidising the bars in the House of Commons alone was around £5.8 million. Meanwhile, to save £3 million less than that, Jodrell Bank is being defunded and shut down. share.google/MRHIvCsCsKoc...

Jodrell Bank's Lovell telescope faces axe in science cuts, BBC understands

Astronomers warn it would tear the heart out of UK science, and leave a generation untrained.

share.google

Elon Musk is planning to spend at least $100 million to help Republicans in this year’s midterms. That’s just 0.014 percent of his current $702 billion net worth. Oligarchs can rig the system at the expense of everyone else, and only spend pennies doing so. We must get Big Money out of politics.

I really hope that one day, when Trump is gone, there will be a massive reckoning at how many big companies and rich individuals handed over money to Trump's utterly corrupt "fundraising" vehicles. And when I say "gone" re Trump, I hope that means "gone to jail".

Anne Applebaum@anneapplebaum.wsocial.eu · 6d ago

“the boss wants this money" from @wsj.com, a deep dive into the extortion operation run out of the White House gift link: www.wsj.com/politics/pol...

Unless this “honesty” involves the recognition that immigrants are *not* the root cause of the UK’s problems *but* actually a part of the solution to them, this will be completely pointless. I cannot stress this enough. www.theguardian.com/politics/202...

Burnham to say UK must be honest about its challenges as he prepares to become PM

Labour leader will visit king to accept role on Monday and will start making cabinet appointments that afternoon

theguardian.com

While fires rage in large parts of Europe incl UK, farmers face crop failure and livestock loss, every RefUK or Tory politician on the news must be challenged on their "let's do away with costly net zero nonsense" stance, side-by-side with live images of the cost of inaction. Expose the charlatans.

I still find it hard to take any government seriously in their pronouncements about the economy whilst their higher education policy is effectively destroying one of the most productive - and regionally diversified - parts of the economy, just to placate racists.