Dennis Leech's Avatar

Dennis Leech

@leechd.bsky.social

Quantitative Economist. Emeritus prof.

92 Followers  |  240 Following  |  20 Posts  |  Joined: 18.11.2024  |  1.8496

Latest posts by leechd.bsky.social on Bluesky

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Defend Press Freedom I stand with Declassified UK - I've just signed my name. Join me in telling Westminster that you care about freedom of the press.

I stand with @DeclassifiedUK.org - I've just signed my name. Join me in telling Westminster that you care about freedom of the press.
secure.declassifieduk.org/page/178447/...

27.09.2025 11:49 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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โœ๏ธGovernments and businesses serve vastly different purposes.

IIPP Director @mazzucatom.bsky.social and Co-Deputy Director @rainerkattel.bsky.social expand on these key differences, arguing for public sector reform to focus on long-term capability building.

๐Ÿ”—Read more here: buff.ly/o02kLJZ

12.04.2025 09:00 โ€” ๐Ÿ‘ 1    ๐Ÿ” 3    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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No new drilling in the North Sea! Sign now Oil companies want to keep drilling โ€“ and are pushing the UK government to backtrack on its commitments. But we have to stop drilling for oil. Now. Will you join me and call on Prime Minister Keir Sta...

No new drilling in the North Sea! - secure.avaaz.org/campaign/en/...

08.04.2025 08:42 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

No politician dares to say this but eventually middle earners are going to have to pay more tax.

30.03.2025 18:07 โ€” ๐Ÿ‘ 82    ๐Ÿ” 24    ๐Ÿ’ฌ 9    ๐Ÿ“Œ 1
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Keir Starmer's Government Votes to Block UN Plan to Tackle Global Tax Avoidance The UK has joined with the United States and a handful of other rich nations in rejecting the UN push

Keir Starmer's Government Votes to Block UN Plan to Tackle Global Tax Avoidance โ€“ Byline Times bylinetimes.com/2025/02/04/k...

22.03.2025 11:07 โ€” ๐Ÿ‘ 5    ๐Ÿ” 6    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 1
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UK social safety net among weakest in rich world, analysis finds Think-tank report comes as Keir Starmer seeks to convince Labour MPs to back welfare spending cuts

www.ft.com/content/0c5a...

13.03.2025 00:29 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Just Stop Oil: Co-founder's sentence reduced in Court of Appeal Sixteen climate protesters were jailed last year for their roles in Just Stop Oil demonstrations.

Appeal Court *very slightly* reduces sentences on some of the 16 peaceful climate protesters, jailed for total of 41 years. This isnโ€™t justice. People desperate for climate action to save lives treated like organised criminals, while big oil & gas get away with ecocide @defendourjuries.bsky.social

07.03.2025 13:57 โ€” ๐Ÿ‘ 780    ๐Ÿ” 235    ๐Ÿ’ฌ 15    ๐Ÿ“Œ 12
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Donโ€™t be fooled. They lie as easily as they breathe. Their real purpose? The demolition of democracy.

Donโ€™t be fooled. They lie as easily as they breathe.
open.substack.com/pub/annpetti...

24.02.2025 14:56 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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This January, global temperatures were a shocking 1.75ยฐC above preindustrial levels, making it the hottest on record.

It is our moral duty to do everything we can to stop climate change in its tracks.

This is why the Heathrow expansion and Rosebank development cannot happen.

06.02.2025 15:05 โ€” ๐Ÿ‘ 38    ๐Ÿ” 8    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

Speaking truth to power

22.01.2025 09:16 โ€” ๐Ÿ‘ 390    ๐Ÿ” 49    ๐Ÿ’ฌ 13    ๐Ÿ“Œ 3
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"These airports are funnels for UK cash to go overseas - I'd like to hear the rationale for how that generates growth benefits in the UK."

@alchap.bsky.social explains why airport expansions won't create the growth the chancellor wants

22.01.2025 16:02 โ€” ๐Ÿ‘ 26    ๐Ÿ” 18    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 2
What the BBC will NOT tell you about Israel, Keir Starmer and Gaza
YouTube video by Declassified UK What the BBC will NOT tell you about Israel, Keir Starmer and Gaza

๐Ÿ“ฝ๏ธ "The BBC is a mouthpiece of the British foreign policy establishment, not a public service broadcaster".

What the BBC is not telling you about Israel, Keir Starmer and Gaza

๐Ÿ‘‰ Watch on YouTube: youtu.be/Q_n3Ng2JC-8?...

17.01.2025 09:43 โ€” ๐Ÿ‘ 227    ๐Ÿ” 145    ๐Ÿ’ฌ 11    ๐Ÿ“Œ 11
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Tony Blair tells Brits to stop self-diagnosing with depression as 'UK can't afford spiralling benefits bill' Tony Blair has warned British people against self-diagnosing with mental health conditions, pointing to the country's spiralling sickness benefits bill.

Tony Blair tells Brits to stop self-diagnosing with depression as 'UK can't afford spiralling benefits bill'.

Multi-millionaire declares war on the less well off.

Mental health problems caused by insecurity, poverty, lack of healthcare, mostly due to govt policies.
www.lbc.co.uk/news/tony-bl...

13.01.2025 16:30 โ€” ๐Ÿ‘ 563    ๐Ÿ” 198    ๐Ÿ’ฌ 104    ๐Ÿ“Œ 95

HMRC says it failed to collect around ยฃ500bn in tax since 2010. Others says ยฃ1,400bn.

ยฃ570bn held by UK residents in financial accounts in tax havens. Tax dodged.

Companies dodge taxes by profit shifting to low/no tax havens. No HMRC estimates.

Govts hit the poor, don't upset corporations/rich.

29.12.2024 12:18 โ€” ๐Ÿ‘ 859    ๐Ÿ” 473    ๐Ÿ’ฌ 33    ๐Ÿ“Œ 24

Here is the link to this very important, intelligent and morally empathic article by Israeli economics professors Ariel Rubinstein and Motty Perry that you can read without having to first go through the Haaretz paywall.

arielrubinstein.org/articles/Per...

27.12.2024 00:24 โ€” ๐Ÿ‘ 2    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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It's impossible not to know what's going on in Gaza | Opinion ***

www.haaretz.com/opinion/2024...

25.12.2024 10:34 โ€” ๐Ÿ‘ 1    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 1

I've just signed this petition. Will you add your name and share too?

18.12.2024 16:21 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Should Pension Schemes Ditch Gilts (partย two) Yesterday I published part one of Pension Oldie's compelling argument that gilts are not the best way to discount pension liabilities for valuation purposes. Tonight is the Mansion House Speech where we are expected to hear something about DB funding. It would be surprising, but not impossible for Pension Oldie's ideas to be adopted by Government. We are sorely in need of innovative thinking - here it is.

Should Pension Schemes Ditch Gilts (partย two)

Yesterday I published part one of Pension Oldie's compelling argument that gilts are not the best way to discount pension liabilities for valuation purposes. Tonight is the Mansion House Speech where we are expected to hear something about DB funding.โ€ฆ

14.11.2024 04:42 โ€” ๐Ÿ‘ 1    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Should Pension Schemes Ditchย Gilts? Yesterday saw the implementation of the funding code, tomorrow may see it rewritten We are fast approaching the Mansion House Speech (Thursday) when we can confidently expect Government to address the issue of valuing and funding defined benefit pension schemes. In advance of this speech I will be publishing two important blogs by Pension Oldie, the first - today - address the question…

Should Pension Schemes Ditchย Gilts?

Yesterday saw the implementation of the funding code, tomorrow may see it rewritten We are fast approaching the Mansion House Speech (Thursday) when we can confidently expect Government to address the issue of valuing and funding defined benefit pension schemes.โ€ฆ

13.11.2024 05:38 โ€” ๐Ÿ‘ 1    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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In praise of the NHS, those who work for us and for itsย patients! My new home! One month in and so much healthier. โ€” Henry Tapper (@henrytapper.bsky.social) December 16, 2024 at 7:47 AM Thankyou for reading this. This is my first public blog since November 14th. On Friday 14th November I was knocked off a Santander bike and suffered broken bones, a beat up brain and an inability to explain myself. These impacts have reduced over the past month but I am far from 100%.

In praise of the NHS, those who work for us and for itsย patients!

My new home! One month in and so much healthier. โ€” Henry Tapper (@henrytapper.bsky.social) December 16, 2024 at 7:47 AM Thankyou for reading this. This is my first public blog since November 14th. On Friday 14th November I wasโ€ฆ

16.12.2024 08:08 โ€” ๐Ÿ‘ 12    ๐Ÿ” 2    ๐Ÿ’ฌ 5    ๐Ÿ“Œ 1

Keynes also said: โ€œCapitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.โ€

15.12.2024 22:44 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Rachel Reeves puts pensions review on hold to avoid extra burden on UK business Some experts argue current savings rates will leave people without adequate retirement pots

This means the government is failing to prioritise dealing with what is an emerging crisis of future pensioner poverty. This is because millions of workers are in underfunded defined contribution schemes.

Gov are protecting short term profits before workers' living standards in retirement.

15.12.2024 00:03 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Rachel Reeves puts pensions review on hold to avoid extra burden on UK business Some experts argue current savings rates will leave people without adequate retirement pots

www.ft.com/content/d102...

14.12.2024 23:52 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0
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The government shouldnโ€™t pin all of its hopes for economic growth on the finance industry Such a strategy was tried in 1970s and came to grief in the mid-1970s secondary banking crash.

Finance Curse

2023: ยฃ18.8bn raised in new shares on London Stock Exchange. Share buybacks ยฃ46.9bn

Major companies pay 70%+ of profits in dividends

UK ranks 28 among 31 OECD countries for investment in productive assets

Can't grow economy by indulging the City.
leftfootforward.org/2024/12/the-...

14.12.2024 14:17 โ€” ๐Ÿ‘ 358    ๐Ÿ” 116    ๐Ÿ’ฌ 12    ๐Ÿ“Œ 4
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Revealed: Wessex Waterโ€™s Malaysian owners under investigation for corruption Malaysian anti-corruption investigators have launched probe into YTL Power subsidiary over ยฃ700m public contract

Wessex Waterโ€™s Malaysian owners under investigation for corruption

Won't happen in England, Govts protect companies

Wessex is serial offender, dumps sewage in rivers, paid ยฃ78m dividend last yr, ยฃ3bn debt; 47 criminal convictions; but no investigation.
democracyforsale.substack.com/p/revealed-w...

14.12.2024 11:16 โ€” ๐Ÿ‘ 485    ๐Ÿ” 282    ๐Ÿ’ฌ 18    ๐Ÿ“Œ 6
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Water customers face huge bill this Christmas 'A higher water bill is theย Christmasย present nobody asked for.'

Thames Water customers face ยฃ263 bill rise, it is downing in ยฃ18bn debt.

After extracting billions in dividends shareholders won't invest. Thames wants to raise capital from customers, but shareholders will own company and extract even more cash.

Rip-off.
metro.co.uk/2024/12/11/c...

14.12.2024 11:50 โ€” ๐Ÿ‘ 477    ๐Ÿ” 232    ๐Ÿ’ฌ 34    ๐Ÿ“Œ 8
Growth has disappeared โ€“ so what is Rachel Reeves going to do now ?
YouTube video by Richard J Murphy Growth has disappeared โ€“ so what is Rachel Reeves going to do now ?

Growth has disappeared โ€“ so what is Rachel Reeves going to do now ? youtu.be/cmgqyeR3OZs?... The latest figures for the UKโ€™s GDP suggest that growth is flatlining, and the problem with that for Labour is that everything they said theyโ€™d do was based on growth happening. So, what now, Rachel Reeves?

14.12.2024 08:14 โ€” ๐Ÿ‘ 154    ๐Ÿ” 73    ๐Ÿ’ฌ 17    ๐Ÿ“Œ 11
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NEW PAPER: The 2022 fossil fuel price jumps caused an oil and gas profit explosion. We show the US reaped the largest profit increase (USD 275bn) of any country. Big Oil claims this benefits the American people. In fact, 51% went to the richest 1%, only 1% to the bottom 50%. A ๐Ÿงต

12.12.2024 23:51 โ€” ๐Ÿ‘ 1469    ๐Ÿ” 714    ๐Ÿ’ฌ 47    ๐Ÿ“Œ 99
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Bankers to scrutinise public sector spending to 'bring private sector into the heart of government' The government is braced for difficult decisions as it said all spending must contribute to its stated aims or it won't be funded. It's the first line-by-line spending review in 17 years.

Bankers and private sector execs to scrutinise public sector spending to 'bring private sector into the heart of government'.

Insane move by the UK Chancellor - Execs engaged in tax abuse, money laundering, frauds to decide the fate of NHS and public services.
news.sky.com/story/banker...

12.12.2024 07:58 โ€” ๐Ÿ‘ 500    ๐Ÿ” 258    ๐Ÿ’ฌ 46    ๐Ÿ“Œ 15

The most disproportional election ever, in terms of how we voted and the parliament we got.https://www.electoral-reform.org.uk/latest-news-and-research/publications/a-system-out-of-step-the-2024-general-election/

12.12.2024 01:40 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

@leechd is following 20 prominent accounts