Will Hutton

About time. Every Chinese company with more than 8 employees ( which Marx defined as the threshold for exploitation) reports to a CP committee. Our credibility is incredible. British Steel crisis spurs greater scrutiny of Chinese investment in UK via @FT https://t.co/kPEIKVpkD4

Agreed. Britain just doesn’t get how to rationalise the old and grow the new. Debacle follows debacle .

Mariana Mazzucato @MazzucatoM

Rather than just “saving” the steel industry, nationalising it to then (probably) sell it back cheap to the private sector, the UK government should be thinking about how to “transform” it. Interesting lessons in Germany where the public bank (KfW) provided a massive loan to the

The choice. A 3rd rate trade deal with the US gaining little,giving a lot and which Trump will claim we ‘kissed his arse’. Or a big deal with the EU and work for global free trade? Donald Trump is now badly wounded. Europe and the UK can seize an advantage https://t.co/4fNxXfinOc

50 years ago I was working in the City when motorbike company BSA suddenly went bust. It was a watershed day for me. Couldn’t believe how feckless Britain’s financial and ownership system was - the birth of the State We’re In. Today British Steel. We’ve learned nothing. I despair

Why at a moment like this are Britains doctors surgeries being sold to a US private equity firm whose aim is plunder and pillage? It must be blocked instantly. NHS landlord agrees £1.6bn takeover by KKR consortium via @FT https://t.co/lh9gxKKUk0

Very good piece by Gordon Brown. He should be appointed Britain’s sherpa to organise an emergency G20 meeting ex the USA. We cannot be supine before idiocy. Trump is pushing the world into recession. By learning the lessons of 2008, we can still prevent it https://t.co/rE46h1gphE

The 90 day pause is good news - sanity in a sea of idiocy - but the lunatic framework remains in place, uncertainty is acute and the sword of Damocles hangs over the global economy. The rest of the world has 90 days to get an alternative trade order in place. Action now.

If Peter Navarro, Trumps trade tzar is’ dumber than a sack of bricks’ according to Elon Musk , then so is Trump. This supremely ignorant and bovine President has taken his cue from Navarro as Musk knows. The love affair is over .

What enraged Trump about China’s riposte was that it was targeted on Republican states. The EU is drawing up plans to hit Alabama, Kansas and Louisiana. He will hit back hard, This is trade war - and a recession follows. Convene a G20 ex the USA now.

If Gordon Brown was Prime Minister he would already have convened a G20 meeting without the USA. He was mocked for saving the world in the 2008. crisis . But he did. Now we need Keir Starmer to stop any genuflection to this idiocy. And act in Britain and the world’s interest.

Trump threatens a 50 per cent tariff on China unless it backs down- which it won’t.The man is crazed and ignorant. There is much worse to come, including a political crisis over his deranged Presidency. Markets could get a lot worse — and quickly via @FT https://t.co/9uc6nFUuaJ

Trump thinks he wins by never backing down. The UK needs to co-ordinate our response with the EU now to put maximum pressure on the US , and as a downpayment on more economic and trade collaboration later. Fear of Farage and the Brexit press should not veto the national interest

The UK needs to integrate with the EU fast along with Canada to create a sane economic bloc - and then launch a big reflationary economic package . And do it fast - really fast. The world needs leadership.

There are no economic adults around Trump - just sycophants repeating MAGA idiocies as if they were moonies. Congress must bestir itself, cancel the tariffs and launch impeachment procedures. The G20 ex the US must pledge to keep the global system open. It’s an emergency.

Britain needn’t be cowed by wrecking-ball Trump, it should seize opportunities in Europe, Canada and beyond https://t.co/k0oqrjJhNr

What is happening is a global tragedy initiated by a buffoon. Britain should be rallying the G7 ( ex the US) and working with the EU to keep an open global trading system.Instead it is choosing to validate the buffoon with a UK “deal”. The vassal state becomes more of a vassal.

On a bewildering day Newsnight bewilderingly populates its panel to discuss the end of the post war economic order with a two-bit Brexiter and a specialist in hate crime and anti-Musk. Surely the programme can do better than this.