Sometimes I think AI is going to take over the world and then I try to read something I subscribe to like The Times or a substack
William Wright
@williamw1.bsky.social
Founder of think tank New Financial. Bigger & better capital markets in Europe. ‘Top City wonk’ - CityAM. Expert on the decline of ties - Daily Mail
Great thread from Giles here on HMT:
Quotes: "during our period of study (1993-2024), mechanisms designed to regulate spending tended towards input control and short-term decision-making, struggled to support strategic investment and often failed to deliver sustained improvements in outcomes."
The second half of this very good article on tokenisation is a welcome reality check on all the excitement www.ft.com/content/7600...
One of the advantages of not being Prime Minister anymore is that you can take time out for your old friends: my mother and her husband were at a funeral today of an old friend and who should turn up but Sir Keir Starmer...
I missed this but bloody hell: in real terms the global value of fundraising by private equity and VC firms has more than halved since 2021 - and was lower in 2025 than a decade earlier...
I have to tell you now that no such undertaking has been received, and consequently Croydon is now at war with France.
In a surprising turn of events, the French have declared war on Chris Philp www.bbc.co.uk/news/article...
Tonight's vigil in Soho Square for the attack on Berlin's Christopher Street Day was incredibly moving. We would like to express our heartfelt thanks and gratitude to everyone who came and stood in solidarity with Berlin and the LBQTQ+ community. Hate will never win.
Today experienced the 24th day of year hitting 30C in London. For perspective in whole of 1980s we had 21 days.
The Office: Woman Holding 'HOT' Sign
ALT: The Office: Woman Holding 'HOT' Sign
static.klipy.com
Sorry to interrupt the Odyssey discourse but it's always nice to see our work at New Financial on the future of equity market structure out in the wild... www.goldmansachs.com/insights/art...
Europe’s Consolidated Stock Market Tape Could Invigorate Trading and Boost Investment
Consolidated stock ticker tapes could show that liquidity is stronger than many realize, boosting the region’s appeal to investors.
goldmansachs.com
I liked Christopher Nolan's film until I found out you had to read an LRB article at the end
I have a modest proposal for a new tax. It involves a deck of cards and a monkey throwing darts. Here are the rules:
A rare perfect match of product and spokesperson
From yesterday and today: it certainly appears ICE in Chicago are wearing the Meta AI Ray-Ban glasses.
Really cool that the FT is re-running commenorative articles from the archives from this time 50 years ago on its front page
After 24 years as an FT columnist, this is my last column. It's not as drastic as that - I'm going to become an FT feature writer (after much-needed long holiday). Me @financialtimes.com on my method for writing column, how I learned to be shouted at, 2016 etc. Free link as.ft.com/r/aebbeadf-5...
My life as a columnist is divided in two: before Brexit and after
The events of 2016 revised my worldview and taught me how to be shouted at
as.ft.com
The full ministerial team at HM Treasury is now confirmed: - Torsten Bell reappointed as parliamentary secretary / pensions minister - Dan Tomlinson reappointed as exchequer secretary - (Lord) David Pitt-Watson appointed as Treasury minister in the Lords (after being made a life peer in January)
The ministerial team at HM Treasury is nearly complete & so far everyone has previously held two ministerial roles at Treasury before: John Healey - Chancellor: economic secretary & financial secretary under Blair from 2002 to 2007 ... (no confirmation yet on Tomlinson or Bell)
The ministerial team at HM Treasury is nearly complete & so far everyone has previously held two ministerial roles at Treasury before: John Healey - Chancellor: economic secretary & financial secretary under Blair from 2002 to 2007 ... (no confirmation yet on Tomlinson or Bell)
Can anyone confirm that the removal / reshuffle/ appointment of ministers is now complete? Or is there more to come?
We’re sourcing our reshuffle news from an alternate timeline of the 1980s…
A few quick thoughts on Burnham's new team (in my field & those I have worked with): Jonathan Reynolds: good to see him back as SoS at business. Enjoyed working with him as shadow EST & shadow at DWP years ago. Well respected, good communicator, on top of complex briefs & overall very nice guy.
So disrespectful to boo Mark Carney as he comes out for the presentation ceremony