Paul J Davies

yet another thing to worry about when flying into the US!

Good day on the building services team?

Nah, total shitstorm

you can never have too many good kevins

Companies House confirms identity verification rollout from 18 November 2025 We are phasing in identity verification over 12 months to make things simpler for companies and business owners. Companies House confirms that from Tuesday 18 November 2025, legal requirements for directors and people with significant control (PSCs) of companies to verify their identities will begin. From 18 November 2025: new directors will need to verify their identity to incorporate a company or be appointed to an existing company. existing directors will need to confirm they have verified their identity at the same time as they file their next annual confirmation statement, during a 12-month transition period.

Better late than never, but still amazing that someone opening an online gambling account faced more scrutiny than someone registering a UK company.

😭😭😭😭

And not a construction bubble so much as just trading up

Yeah idk really. Obvs very complex. But for a while at least holding shorter rates artificially low would surely help create a lot of rolling short term money for longer-term financing and a lot could go just great before it didn’t! Key would probs be international attitudes to longer $ debt?

Not totally convinced this has entirely gone away tbh

The greatest real estate bubble America has ever seen, that’s what they tell me, perhaps the greatest ever seen in the whole world…

Proscribing PA as a terrorist org just seems like one of the single dumbest and most pointless things this govt has managed to do. Just a complete waste of police and court time and money. And No, freedom to protest is NOT freedom to cause damage and never was!

Also, a story from the Police museum.

Sage advice from Glasgow.

I mean it’s just a kind of long term insurance that is definitely priceable. People might not *like* the price… but the more people that did it the better the price ought to be.

*not unreasonable *state* pension too…

Many of these early movers also had good corporate welfare, DB pensions, and the prospect of a not unreasonable pension too. I guess the policy failure is in not thinking forward about these changing dynamics in the round from about 30 years ago! Excellent thread btw!

As someone who generally doesn’t like reading about celebrities, I’ve become a massive fan of Tina Brown’s stuff. It’s so rich!
BTW Larry Ellison,
“What’s the point of having fuck-off money if you’re not going to use it to protect your independence?”

open.substack.com/pub/tinabrow...

*wonder-smitten*

As the essayist Maria Popova reminds us: “to live wonder-smitten with reality is the gladdest way to live.”

open.substack.com/pub/briankla...

The Rich Are Not Like You and Me That's a problem for social science. And more importantly for us

Banger>>
open.substack.com/pub/programm...

The U.S. Is Not "Winning the Trade War" Unilaterally raising costs for Americans can harm people in the rest of the world, but not much more than any other policy that reduces the purchasing power of the U.S. private sector.

Good exercise thinking through all the possible ways tariffs get assimilated into spending and saving/investment. From Matt Klein 💲
open.substack.com/pub/matthewc...

Or maybe they were planning to keep him on until they got wind of the pending charges?

BIG NEWS: The Navy has canceled its decision to shut off critical weather satellites used by NOAA to monitor tropical cyclones.

Background:

Thomas Partey to feature on Premier League trading cards after Arsenal green light Partey was charged with five counts of rape and one count of sexual assault earlier this month. He denies the allegations.

😬😬😬😬
Partey was still seen as an Arsenal player by the club when it approved names for Topps cards - Jorginho was not.

Thomas Partey to feature on Premier League trading cards after Arsenal green light

www.nytimes.com/athletic/652...

LOLZ

On their part, this is like the dumbest form of self dealing - unless the price ends up hyperinflated and they're just using this as a way of injecting funds into Newcastle. £150m? £200m? Who can say what's fair?!

Navy Set to Unplug Critical Hurricane Satellites this Week Abrupt termination of satellite data by U.S. Department of Defense sends forecasters scrambling for a fix on the brink of the busiest stretch of the hurricane season

If you think I've forgotten about the hurricane satellites, think again. The Navy is permanently unplugging them this week, on the brink of the busiest stretch of the season. There's so much more to this story, and I have the latest scoop. ⬇️

🙏

Barclays stock valuation lags peers - and it has fallen behind Deutsche Bank this year. Currently Barclays trades at just under 8-times earnings forecast in 2 months time, marginally ahead of BNP Paribas, but behind Deutsche, HSBC and Lloyds, which are all on 9-times or greater.

Barclays traders make great gains, while dealmakers struggle to lift fees, but even the good news may still be more cyclical than durable, especially with hedge fund leverage at record levels >> www.bloomberg.com/opinion/arti...

Is There Famine in Gaza? Let’s Not Wait to Find Out. Enough is clear to know that a ceasefire should be the only priority.

Instead of debating whether there is a famine yet in Gaza, stop the war and there won't be one. My column for @opinion.bloomberg.com

shorturl.at/XMfzI

Probably just waiting for the right commercial naming rights partner to turn up?

She wasn’t on stage for those so didn’t really get to see her reaction. Nathaniel Benjamin was repping the UK and was really good!