Allegra Stratton
Contributing Editor at Bloomberg News
The Bloomberg Readout newsletter (get it here: https://t.co/U1hhfnN5Dl) | co-founder Zeroism | Once in government (Nos 9, 10 & 11 Downing St)
Articles
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1 week ago |
bloomberg.com | Allegra Stratton
I’m just back from another work trip to Shetland, where over the years I’ve watched the onshore Viking windfarm get built. These days I often see those 103 turbines in action. However, on some days I also see — even when it’s gusty — many of those 103 turbines not in action. Of course, that does not go down well with my Shetland friends.
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1 week ago |
bloomberg.com | Sommer Saadi |Allegra Stratton
The budget crisis left by the Tories and Labour’s policy prescriptions have so-called non-doms saying goodbye to Britain. Subscribe to In the City on Apple PodcastsSubscribe to In the City on Spotify It’s no secret the Labour government’s policy to tax the UK’s wealthiest as part of its effort to fix a budget crisis left by the Conservatives has caused Prime Minister Keir Starmer some headaches.
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1 week ago |
bloomberg.com | Allegra Stratton
In the Treasury right now, hot and bothered civil servants will already be working away on options for the autumn Budget. But there’ll be a worry in the back of their minds. Rachel Reeves has already U-turned on one signature spending cut, the winter fuel allowance. There are now whispers of another: the possibility of a reverse ferret on one of her tax rises, the abolition of the perks of non-dom status.
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1 week ago |
bloomberg.com | Allegra Stratton
This latest iteration of the Middle East crisis is both familiar and unfamiliar. We’re all back obsessing about the oil price, yet we also know from the last few years that that same oil price has appeared somewhat impervious — oblivious? — to regional turmoil. After the October 7th Hamas attack on Israel we were braced for a spike in energy costs. It never came, in part because there is so much more American capacity available now compared to the oil shock of the 1970s.
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3 weeks ago |
bloomberg.com | Allegra Stratton
Today I’d love you to read this wonderful dispatch from our Irina Anghel. She’s been to Lewis in the Outer Hebrides, the island where Donald Trump’s mother was born, to see how they are braced for the effect of her son’s tariffs. It’s illustrated with a beautiful photo portrait by Emily Macinnes of fourth-generation Harris Tweed weaver Iain Martin, dressed in a handsome wool blazer, working on his loom at home.
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