@albrummer

City Editor Daily Mail, former Assistant Editor the Guardian and author of 'Great British Reboot' published by Yale

London W8
Joined May 2012
I recommend this article from Daily Mail Newspaper: Thursday, 17 September 2026, Fed points the way on rates, City & Finance newspaper.mailplus.co.uk/dat…
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I recommend this article from Daily Mail Newspaper: Wednesday, 16 September 2026, Day of reckoning for the Fed, City & Finance newspaper.mailplus.co.uk/dat…
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I recommend this article from Daily Mail Newspaper: Tuesday, 15 September 2026, A green penalty for steel, City & Finance newspaper.mailplus.co.uk/dat…
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I recommend this article from Daily Mail Newspaper: Tuesday, 15 September 2026, Make Labour's anti-Israel mob watch THIS TV series, Littlejohn newspaper.mailplus.co.uk/dat…
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I recommend this article from Daily Mail Newspaper: Tuesday, 15 September 2026, Come on Kemi, ditch this monstrous tax — and unleash a new era of enterprise!, Comment newspaper.mailplus.co.uk/dat…
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Are you watching Andy?
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Alex Brummer retweeted
Gordon Brown is right to stress the UK’s innovative strengths - but we must also incentivise UK pension funds to invest in our growth scaleups . Innovation is the answer to Britain’s elusive growth problem giftarticle.ft.com/giftartic…
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Alex Brummer retweeted
Killer chart from the FT... Yes, the cost of UK government borrowing jumped more than in the rest of the G7 in 2022. But that was FOUR years ago... The UK government's cost of borrowing has only consistently been the highest in the G7 (the "max" here excludes the UK) since 2024... 🤔
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Alex Brummer retweeted
Chart of the Day The OBR's Brexit analysis assumed that the UK's global exports and imports, and hence the "trade intensity" of the economy, will be 15% lower in the long run than if the UK had remained in the EU. Here's what has actually happened, with the EU added for comparison... 🤔 My takeaways... 1⃣ in reality, the trade intensity of the UK economy has barely changed since Brexit (whether you start the clock in 2016, or later) and the trend looks much the same as most other countries (as well as the EU as a whole). 2⃣ at most, the UK's trade intensity could be a few percentage points lower than it might otherwise have been, but this is unlikely to have any significant impact on productivity or growth in an advanced and still highly open economy. 3⃣ even then, there may be other (non-Brexit) factors affecting trade, and especially exports, such as the UK's relatively high energy costs. 4⃣ if it wants to keep the 15%, the OBR will therefore have to claim that it is still too soon to judge the "long-run" impact of Brexit on the UK's trade intensity (even though the OBR's own forecasts out to 2030 only have a small fall from here), or that the UK's trade intensity would now be much higher somehow if Britain were still in the EU (even though no comparable country has seen a big increase since the UK left). 5⃣ in my view, the OBR should not be afraid to drop the 15% assumption. Just like the "4%" hit to long-run productivity, it was only ever an average of a number of external studies, most undertaken well before the final shape of the Brexit deal was known. 6⃣ at the very least, people should stop citing the OBR's numbers as gospel! ps. these numbers cover both goods and services (as did the OBR's). You can find the trade intensity data for any country you like here... data.worldbank.org/indicator…
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🚨 Symbolic sanctions to appease ‘muppet’ backbenchers threaten a real-world crisis for Britain "You know those trade sanctions that Ed Miliband is about to slap on Israel? Well, last night, according to Bloomberg, British diplomats were quietly telling the Americans something rather different: that the measures are largely symbolic, and that nothing of substance will change in our trade or security relationship with Jerusalem," says Jake Wallis Simons @JakeWSimons in his piece today. 🔗 Full story below
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This is truly a dark day for British Jews. Today our Government has chosen to ignore the deep concerns expressed by so many of us. The measures announced amount to little more than political flag bearing for mendacious anti-Israel rhetoric and those who harbour a dangerous obsession with the Jewish State. These measures will succeed only in bolstering the very extremism they seek to target. On the eve of Rosh Hashanah and at a time when our community is more vulnerable than ever to the wave of extremism that has been building over recent years, these sanctions do nothing to advance the cause of peace. Nor do they make anyone safer – quite the contrary. Gesture politics of this kind feeds into an increasingly hostile discourse about Israel, and the cumulative effect of such punitive policies is to further embolden those, at home and abroad, who use hatred as a weapon against Jews.
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Alex Brummer retweeted
The uncertainty about Ed Miliband’s prohibition on trade with Israeli businesses in the Occupied Territories is whether in practice it achieves what Miliband says is his primary aim, namely to keep alive the possibility of a Palestinian state co-existing with Israel. As I write, Netanyahu and his ministers are ramping up anti-British rhetoric, expelling British diplomats, and imposing an entry ban on a dozen British MPs, in gestures they think will woo voters for Israel’s forthcoming general election. Which might not matter if any realistic replacement for Netanyahu was in favour of the two state solution, or if Israeli public opinion still favoured genuine Palestinian autonomy, but neither is the case. So there is a risk that - at least until there is a Democrat in the Whitehouse - the trade ban announced by the UK, Canada and France will reinforce a miserable status quo. Which is not to say it is of no value to Burnham and Miliband. But the less ambiguous benefit for them is in wooing their own MPs and seeing off the threat from the Greens. They’ve faced intense pressure from their MPs for tougher action against Israel. Even before Burnham was installed, his colleagues briefed me he would attempt to heal the big split in his party with this initiative. And with the by-election looming in Starmer’s old seat of Holborn and St Pancras, the threat from Polanski and the Greens may have been lessened. However Miliband and Burnham have divided the UK’s Jewish community - which is torn between those who say the demonisation of the Israeli government will ramp up antisemitism and others who agree with Miliband that Netanyahu is complicit in the ethnic cleansing of Palestinians and must be called out. Miliband himself laid on with a trowel that he is a “proud British Jew” descended from Holocaust survivors. He did so because he wanted no room for doubt that he supports the existence of Israel. He added that “holding Jewish people responsible for the actions of the Israeli government is anti semitism, pure and simple”, which is a point I’ve been boring on about for years. Diaspora Jews - like me and Miliband - are no more responsible for what goes on in Israeli politics than diaspora North Koreans are for what goes on in Pyongyang. But in which case it probably would have been defter to make only a glancing reference to his own Jewish identity. His sanctions against Israel should stand or fall only on their merits. Whether the architect is a Jew or gentile should be irrelevant.
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I recommend this article from Daily Mail Newspaper: Wednesday, 9 September 2026, UK risks Trump crosshairs, City & Finance newspaper.mailplus.co.uk/dat…
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Stephen Doughty's loose language alleging atrocities by Israel unsubstantiated. Should no better and will will encourage anti-Semitism
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Alex Brummer retweeted
Europe continues to skimp on defence spending while allowing welfare states to get more bloated. The cumulative underspend since 2010 alone is close to $8 trillion. Why should American taxpayers fund European benefits? On this, Trump is dead right thetimes.com/comment/columni…
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I recommend this article from Daily Mail Newspaper: Thursday, 3 September 2026, BP makes a tame choice, City & Finance newspaper.mailplus.co.uk/dat…
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