My constituents want to be dealt with fairly by water companies, which makes it even more important that Ofwat rejects the deal proposed by TW’s creditors, to get them off the hook for environmental pollution.
Gilt yields are hugely driven by high inflation. Labour MPs understand the cost of inflation, personally & politically: many of us are of the generation that faces high mortgage costs, & every day we see the impact of the cost of living crisis on our constituents. (3/5)
Once we move away from short-term speculation we can have a better conversation about the ways to get to an economy that’s more resilient to inflation shocks and higher-growth. That includes understanding & respecting financing constraints while also improving...(4/5)
You can see how the inquiry is going here: committees.parliament.uk/work/9682/st...
...the state’s capacity to drive up the production of essentials such as energy, water, housing and transport. You can read more contributions to that long-term discussion here in our Tribune Group essays for @renewaljournal.bsky.social: renewal.org.uk/articles/gro... (5/5)
As an economist, former FT journalist and now Labour MP, l don’t think the bond markets have to fear a change of Labour leadership.
The biggest problem for gilt investors and MPs alike is inflation – & it remains our common enemy. My @financialtimes.com op-ed 👇 (1/5)
www.ft.com/content/2a64...