Brendan Scott

Culture of Fear Blamed for Crisis in Britain’s Statistics Agency A crisis around Britain’s employment statistics has been blamed on funding constraints, a lack of modernization and staff being afraid to raise problems, according to official documents and people fam...

Me and @philaldrick.bsky.social have published our exclusive probing what has gone wrong at the ONS. After speaking to lots of people and trawling docs, we found:
- A culture of fear stopped officials raising issues with the labor market data
- Insiders lament a number of missed opportunities. 1/2

UK Sends Kyiv More Storm Shadows as Starmer Pledges Support The UK government recently supplied Ukraine with dozens more Storm Shadow cruise missiles, according to people familiar with the matter, a first under Prime Minister Keir Starmer, who has pledged cont...

First resupply under Starmer www.bloomberg.com/news/article... SCOOP via @alexwickham.bsky.social

EU Proposes to Sanction Chinese Firms Aiding Russian War Effort The European Union is proposing to sanction several Chinese firms that it claims helped Russian companies develop attack drones that were deployed against Ukraine.

EU proposes sanctions on Chinese firms aiding Russia’s war machine and dozens of oil tankers in Moscow’s shadow fleet www.bloomberg.com/news/article...

Half of British Firms Will Cut Jobs After Budget Tax Hikes, CBI Says Firms across Britain are “in damage control” with nearly half planning to cut jobs after the Labour government’s tax-rising budget, according to the boss of the country’s most influential business lob...

‘Never again,’ says Rain Newton-Smith www.bloomberg.com/news/article...

UK Funds Risk Tax Hit for Underinvesting at Home, Official Warns The UK could claw back pension tax breaks from asset managers that fail to invest enough domestically, the head of the British Business Bank said in a warning about the stakes for the industry as the ...

“We have the second-biggest pool of pension money in the world, and it’s not investing in productive assets in our economy,” BBB chief Louis Taylor tells @philaldrick.bsky.social www.bloomberg.com/news/article...