@chrisgiles.ft.com
Economics Commentator, Financial Times; Honorary Professor of Practice, UCL Policy Lab
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@chrisgiles.ft.comNo farmer. But fuck-off big dark horse in that field.
@chrisgiles.ft.comWe met the same horse there. I’d say threatening.
@chrisgiles.ft.comLabour candidate is the obvious one - the leader of the Council - albeit relatively new
@chrisgiles.ft.comWhat’s the point if you don’t know who has voted?
@chrisgiles.ft.comNo. It’s mandatory
@chrisgiles.ft.comPersonally don’t care much for the fox that regularly poos on my doorstep
@chrisgiles.ft.comInteresting lack of Green Party presence at a polling station in Holborn &St Pancras this morning. Clearly they haven’t got much of a ground game, despite the deluge of leaflets
@chrisgiles.ft.comI was once asked to go into the OBR and discuss the EFO. They thought I was being provocative saying it needed to be slimmed by 80% I was being serious
@chrisgiles.ft.comI think we ought to know what the BoE has against the mighty kingfisher…
The wildlife winners set to appear on your banknotes revealed www.bbc.co.uk/news/article...
@nickmacpherson.bsky.socialReposted by @chrisgiles.ft.comSensible advice as ever from @chrisgiles.ft.com, particularly to the OBR to focus on fiscal sustainability rather than "fiscal headroom". Too much time is wasted on second guessing the OBR. The Chancellor's time is better spent focusing on the fiscal substance.
@chrisgiles.ft.comBudgets are all about judgments, not fancy forecasting equations.
These are (my view) of the sensible judgments the OBR and Chancellor Healey need to make later this month
@chrisgiles.ft.comThank you for that insight
@sarahoconnorft.ft.comReposted by @chrisgiles.ft.comExcellent chart-filled exploration of why govt bond yields have risen this year, from @chrisgiles.ft.com www.ft.com/content/a616...
@chrisgiles.ft.comMy newsletter asks and answers the question: why are bond yields so high?
There are many charts....
@chrisgiles.ft.comIt’s not actually that bad… … I’ll get my coat
@chrisgiles.ft.comI’ve had this original Steve Bell cartoon on my wall for almost 30 years… … hadn’t realised how ironically wrong it is until now
@chrisgiles.ft.comThis isn’t a spurious correlation- a lot of work has gone in
@chrisgiles.ft.comCentral banks always think interest rate rates operate on demand. But what if tighter policy makes people want to work more?
That labour supply effect can be large. People with high debts worked more when Australia tightened, for example
My newsletter: www.ft.com/content/a060...
@chrisgiles.ft.comYup. Fascinating
@chrisgiles.ft.comRespect, indeed
