Charlie Newsome (@CharlieNewsome) header
Charlie Newsome (@CharlieNewsome) profile picture

Investment Manager at Rathbones

London
Joined March 2009
Photo by Charlie Newsome (@CharlieNewsome)Photo by Charlie Newsome (@CharlieNewsome)Photo by Charlie Newsome (@CharlieNewsome)Photo by Charlie Newsome (@CharlieNewsome)Photo by Charlie Newsome (@CharlieNewsome)Photo by Charlie Newsome (@CharlieNewsome)Photo by Charlie Newsome (@CharlieNewsome)Photo by Charlie Newsome (@CharlieNewsome)Photo by Charlie Newsome (@CharlieNewsome)Photo by Charlie Newsome (@CharlieNewsome)
Charlie Newsome retweeted
A desperately sorry tale of luxury beliefs overriding economic growth and prosperity in my home town of Hull. The most depressing line in the whole article: "the BBC understands workers across the sites will be kept on while Ineos tries to buy liquefied natural gas (LNG) directly from the US at lower prices" Sourcing that LNG will come at four times the carbon footprint of domestically-extracted gas. Well done everybody for an energy policy that makes us poorer, more polluting, and less resilient.👋👋 bbc.co.uk/news/articles/cw30…
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A brief history of Labour economics: 1945: Labour elected 1947: Sterling crisis 1964: Labour elected 1967: Pound devalued 1974: Labour elected 1976: IMF bailout 1997: Labour elected 2010: Record peacetime deficit 2024: Labour elected 2026: Debt approaching £3 trillion
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Charlie Newsome retweeted
After 11 years as a sports columnist at the Seattle Times, I have decided to resign. It was entirely my choice, and it was not an easy one. The impetus was the Times declining to run a column I wrote from the perspective of two female student athletes who were opposed to competing against biological males. It was one of several pieces of mine that had been spiked, and I no longer felt like I could properly do my job as a columnist. I lay out the situation in greater detail in the link below, but I want to say that I enjoyed my time with the paper, find the talent there to be immense, and have no animosity toward anyone who works there. It was just time for a change. mattycee.substack.com/p/i-wa…
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There aren't any....any politican can raise tax and benefits. These are not successes.
Keir Starmer doing another victory lap outside No10 after being forced out after just 2yrs, citing all his supposed successes, is preposterous.
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In what world is it acceptable for Andy Burnham to give a major interview to Gary Lineker and no one else? If he’s serious about becoming our next Prime Minister, he should be prepared to face proper scrutiny from a wide range of journalists.
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Charlie Newsome retweeted
Hello, we are Jonathan and Abigail - unashamed pedants who want to bring this affliction to bear on all things public policy and practice. We believe that details matter, especially in public administration. This is why today we are founding quibble: a campaign to fix the small stuff. Think, for example, about the cookie banner that we click on every webpage. Each instance is not a big deal, so we just put up with it. But its cumulative impact adds up - on average we press it 5 times per day. The European Commission estimates that it costs EU citizens 343 million hours per year. And who is there to represent the impacts of seemingly minor issues like this in a systematic way? We want quibble to be the answer. In the case of the cookie banner, lots of advocacy has rightly focused on privacy, but has this meant that user experience has taken a backseat? We believe there are ways to improve user experience without compromising on privacy. We will share more about this soon. Consider another example. Did you know that in some government-run car parks you can be fined for a minor keying error, such as accidentally typing a zero instead of an “o”? Again, we will come to the detail of this quibble in the coming weeks, but for now just consider again the question: who? Who is there currently to systematically represent the interests of the parker who is given an unfair ticket? An inherent feature of consumer interests is that those who have them rarely have enough other things in common to make collective organisation and representation feasible. This is the gap that quibble seeks to fill. Now of course excellent consumer interest groups exist. But understandably quibbles might not be at the top of their lists. Our hope is that quibble will be complementary; picking up the bottom-of-the-list issues faced by various groups - the stuff they are almost too embarrassed to raise because they are too small. We are not embarrassed about detail. If you’ve ever had a splinter, you know small things can have a big impact. This is what quibble is committed to tackling, and our wider hope is that by doing so we will also incentivise policy makers to be even more careful about detail. Check out our website here, including our first four campaigns: quibble.org.uk
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Charlie Newsome retweeted
I have listened to Sir Olly Robbins evidence for last hour and forty minutes and am seeing the very best of the civil service. I am left incredulous that the decision was made to fire him. Has there been a more egregious and shameful decision by a political master desperate to save his own skin?
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Charlie Newsome retweeted
Explain how the new higher value council tax - which goes to Councils - will help central coffers! Tax rises amount to an eye watering £26 billion in tax rises £4.6bn hit to pension sacrifice schemes - talk about stealth taxes!!! #budget
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This year, the UK will borrow £140 billion. Of that, over £110 billion will go on interest payments, not reducing the debt, just paying to stand still. With the national debt nearing £3 trillion, that means nearly 80% of new borrowing is being used to service old borrowing.
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And not a single person in prison for this travesty.
BREAKING: At least 13 postmasters may have taken their own lives after being accused of wrongdoing during the Horizon IT scandal, a public inquiry has found news.sky.com/story/at-least-…
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We were delighted to host a private supper with @sajidjavid last night. Our clients enjoyed a thought-provoking discussion on global geopolitics and UK political dynamics, chaired by our Chief Executive, Paul Stockton. Thank you to all who joined us! #Leadership #Politics
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Charlie Newsome retweeted
Such sacrifice — for a problem you and your colleagues on both sides of the House created in the first place — really is amazing. And working at the weekend is beyond the call of duty. I don’t think anybody has ever done that before. But while we’re at it can you explain why refusing to open a new mine for coking coal in Cumbria while now shipping in tens of millions of pounds worth of coking coal from Japan is good for the environment?
#laboursavessteel On my way in to Westminster to save British Steel. It’s very moving to see MPs and Parliament’s staff all dedicating their weekend to our country and its democracy. (Thankful my journey is just a few stops on the Northern line! 🙏)
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UK energy policy: a shining example of political brilliance. Let’s rush to net zero without a proper plan, bankrupt households with soaring utility bills, and call it ‘progress.’ Bravo to our politicians—truly the architects of cold homes and empty wallets. #EnergyCrisis #NetZero
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Charlie Newsome retweeted
We’re moving into a period of economic crisis when economic/financial data will be used by the public, so what has #BBC done? Discontinued publication of this market data! Shocking move when BBC is already very poor in its economic/financial coverage bbc.com/news/articles/cvgl0z…
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Charlie Newsome retweeted
Hottest monthly inflation since April
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“Nationalising the railways? Brilliant idea—because nothing fixes delays like adding government bureaucracy. Can’t wait for my train to be 45 minutes late and blamed on ‘ministerial oversight’!”
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Charlie Newsome retweeted
Don't blame the manager, Kieran Trippier says it's up to the players to step up. #ENGSUI #Euro2024 #BBCEuros
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Charlie Newsome retweeted
History beckons in Barbados. If India win the #T20WorldCup final it will secure their first world title for 13 years - a wait too long for the sport's overwhelming superpower. Were South Africa to win it would be their first World Cup triumph in their long cricketing history.
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