Britain Correspondent for the Wall Street Journal. Covering Politics, National Security and of course Royalty. A tad French.
London
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Now King Charles wades into the AI debate trying to knock heads together at summit in Scotland with various tech chiefs. All of which raises the question whether the U.K. can position itself as an honest, if powerless, broker between the U.S. and China.
wsj.com/tech/ai/king-charles…
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Good fun to spend yesterday evening in Piddington village hall. As always it seems that locals' best chance of blocking the building of an asylum center is to deploy Natural England against the Home Office. Huge cheers when one lady announced finding a rare bat in the woods.
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Anyway, here is a takeaway from the town hall meeting: wsj.com/world/uk/this-englis…
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Deep dive into how @elonmusk is attempting to reshape British politics - and promote the once little- known Rupert Lowe - while the U.K. establishment looks on dumbfounded.
With @jennystrasburg and @jeffwilen
wsj.com/world/uk/elon-musk-u…
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Max Colchester retweeted
Financial markets are now betting on FOUR @bankofengland interest rate rises over the next year, taking rates close to 5% by the end of next year.
VERY big shift in expectations in only the past few days...
👀 Last week investors were putting a less-than-10% probability of the @bankofengland raising interest rates at its meeting this week.
That probability has just jumped up above 30%.
* Chart shows probabilities for a September hike as tracked by Bloomberg
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Max Colchester retweeted
This fantastic figure by @jburnmurdoch is Exhibit 1 of what an aging society means for the political game: public investment, which is choosing future rewards over present consumption, gets squeezed out.
Still not convinced this is a first-order challenge?
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Andy Burnham bets a bigger state can save Britain.
Investors are predicting a modest uptick in taxes and borrowing to fund more government subsidies. More details to come this week. But room for maneuver is tight.
wsj.com/world/uk/u-k-s-new-l…
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A slow burning housing crisis is crippling London - the U.K.'s main economic driver. Just 4,170 housing units started in 2024, while the population grew by 100,000.
Three times less houses built last year than in Vienna....
@natasha_dangoor
wsj.com/real-estate/london-n…
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The UK gets yet another prime minister on Monday. Andy Burnham’s first challenge: get credibility with the markets.
wsj.com/world/uk/the-u-k-get…
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Great piece by @Lingling_Wei and @tggrove on the Putin-Xi relationship and how it’s increasingly out of kilter.
wsj.com/world/x-putin-junior…
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Max Colchester retweeted
British politics just gets weirder and weirder.
Nigel Farage, the British populist whose anti-immigration party has led the polls for the past year, said he was stepping down as a lawmaker but will immediately stand again.
wsj.com/world/uk/britains-ni… via @WSJ
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This is going to ask serious questions of England fans, who will only to have a maximum of four days to acclimatise.
Confirmed: Pubs and bars across England will be able to stay open until 5am for Sunday night’s 1am match vs Mexico
The govt has extended alcohol licensing hours for the night, removing the need for individual premises to apply for extended hours.
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Fun royal fact from Buckingham Palace's annual accounts: horses are categorised under "Plant and Machinery" and are depreciated over a 12-year lifespan.
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Investors want to know: Is Andy Burnham the man to sell tough choices and drive change. Or will he just try to be popular with the left of his party? wsj.com/world/uk/the-inbox-f…
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