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
This article is for subscribers only. The tug of the trade war continues today. The UK government is still in its dual negotiations with both the US and EU – two separate teams pulling away in parallel, with briefing every day to suggest both are about to get something over the line. There’s also plenty of briefing that these teams are in fact working against each other, and that a EU deal will scupper the US one.
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1 week ago |
bloomberg.com | Allegra Stratton
This article is for subscribers only. It is hard to imagine two such different uses of the military. The first is the government putting the Royal Navy on alert to escort fuel to the Scunthorpe steelworks — reminiscent of Boris Johnson sending two gunships to Jersey when sparring with France about post-Brexit fishing rights. Perhaps today’s threat is more proportionate than that, but both this and Johnson’s deployment were as much gunboat domestic politics as they were diplomacy.
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1 week ago |
bloomberg.com | Allegra Stratton
This article is for subscribers only. Like a just unearthed time capsule, today’s GDP figures are from a different age. Growth of 0.5% in February surpassed economist predictions of 0.1% and was the best monthly reading so far in this government. Really excellent, but just really out of date. Indeed, had there been a reading of the economy from as recently as the beginning of last week (a time I’m calling “B.T.,” or “before tariffs”) they’d have sadly been ancient history too.
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2 weeks ago |
bloomberg.com | Allegra Stratton
This article is for subscribers only. “We might need a bigger lettuce”: so s ays The Daily Star today about Donald Trump’s “bonkers tariffs bombshell.” When Liz Truss was prime minister, the red top wondered whether a 60p lettuce would outlast her — with all the market turmoil this week, it appears the same question is now being asked of Trump. It should be too slapstick for the appearance of a lettuce today because of the scale of market movements.
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2 weeks ago |
bloomberg.com | Allegra Stratton
This article is for subscribers only. “There’s not a single person in the world who could make this pencil.” So says Milton Friedman in a vintage clip being shared today by Elon Musk in an elegant paean to free trade.
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