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Peter Foster

@pmdfoster.bsky.social

Brighton-dwelling World Trade Editor at the Financial Times https://www.ft.com/peter-foster Sometime Brexit nerd & author of 'What Went Wrong with Brexit' https://t.co/VsIipD7JBr

43,692 Followers  |  1,630 Following  |  314 Posts  |  Joined: 13.10.2023  |  2.0567

Latest posts by pmdfoster.bsky.social on Bluesky

Brilliant. So clear on the real agenda, which is โ€œotheringโ€. Creating a virtual ghetto (sic) which blurs the lines between illegal migrants, asylum seekers and millions with ILR, who are contributors to society, with their skills (NHS/care often), their labour and (lest we forget) their taxes.

08.10.2025 06:58 โ€” ๐Ÿ‘ 37    ๐Ÿ” 2    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

Lords Heseltine & Kinnock seem more alive to these self-evident truths than most members of the Commons. Similarly, I find thinkers with direct lived experience of far right dictatorship, Greeks of a certain age for example, crystal clear about whatโ€™s happening now.

08.10.2025 06:52 โ€” ๐Ÿ‘ 393    ๐Ÿ” 114    ๐Ÿ’ฌ 18    ๐Ÿ“Œ 2
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AI pushers talk about it "augmenting" capacity, but that ignores human nature. Why walk or bike, when you can drive? It's easier, so most of us do, but you get fat & lazy. AI will do the same to a lot of people's brains, I fear. Via @financialtimes.com piece on AI habits
ig.ft.com/ai-personal-...

07.10.2025 15:52 โ€” ๐Ÿ‘ 34    ๐Ÿ” 11    ๐Ÿ’ฌ 2    ๐Ÿ“Œ 3
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WTO clings to signs Donald Trump still needs it โ€” sometimes US takes โ€˜ร  la carteโ€™ approach to global trade body, suggesting it has not completely turned its back on rules-based order

WTO clings to signs Donald Trump still needs it โ€” sometimesโ€”While the US Presidentโ€™s unilateral tariffs have ridden roughshod over the WTOโ€™s core principle of reciprocity in trade, diplomats argueโ€ฆ www.ft.com/content/15a9... @pmdfoster.bsky.social @financialtimes.com

07.10.2025 01:00 โ€” ๐Ÿ‘ 4    ๐Ÿ” 1    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0
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Brutal BBC piece on how fast Switzerlandโ€™s glaciers are melting.

Drill baby drill. ๐ŸŽถ๐ŸŽต

www.bbc.co.uk/news/article...

05.10.2025 15:24 โ€” ๐Ÿ‘ 39    ๐Ÿ” 21    ๐Ÿ’ฌ 2    ๐Ÿ“Œ 2
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Magnificent peroration to Simon Schamaโ€™s @financialtimes.com weekend essay on defending freedom of speech in the era of Trump - with help from Milton, Jefferson et al.

on.ft.com/4gSqvDw Simon Schama: What Americaโ€™s Founders can teach Trump about liberty

04.10.2025 15:46 โ€” ๐Ÿ‘ 60    ๐Ÿ” 25    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 4

Living. Working. Paying taxes. Contributing. This is a desperately poor editorial.

02.10.2025 11:59 โ€” ๐Ÿ‘ 198    ๐Ÿ” 64    ๐Ÿ’ฌ 11    ๐Ÿ“Œ 2
There is a more pressing issue. Ministers must ensure that the vast numbers of immigrants who arrived in the so-called Boriswave of 2020-21 are not automatically absorbed into the permanent population. They are about to cross the the five-year threshold into ILR, yet Labour continues to dither. Ms Mahmood must freeze the status of this huge cohort while a new residency regime is finalised. A million or more extra permanent residents in these islands, let in on the nod, is simply unacceptable. Finally, the home secretary must acquaint herself, and the public, with an accurate estimate of the actual number of foreign nationals living here, what taxes they pay and what services they consume. Without hard data, all the political parties are fumbling around in the dark.

There is a more pressing issue. Ministers must ensure that the vast numbers of immigrants who arrived in the so-called Boriswave of 2020-21 are not automatically absorbed into the permanent population. They are about to cross the the five-year threshold into ILR, yet Labour continues to dither. Ms Mahmood must freeze the status of this huge cohort while a new residency regime is finalised. A million or more extra permanent residents in these islands, let in on the nod, is simply unacceptable. Finally, the home secretary must acquaint herself, and the public, with an accurate estimate of the actual number of foreign nationals living here, what taxes they pay and what services they consume. Without hard data, all the political parties are fumbling around in the dark.

The Times finds it "unacceptable" that people who came here legally in 2021 and have been living and working here since should allowed to stay.

The sad decline of a once great newspaper into ignorant xenophobia and casual racism

archive.ph/TFZY9

02.10.2025 08:51 โ€” ๐Ÿ‘ 1086    ๐Ÿ” 296    ๐Ÿ’ฌ 72    ๐Ÿ“Œ 38
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Brutal new MRP poll out today showing Reform at 311 and Labour support collapsing.

Worth reading steaming @financialtimes.com column on Starmer by @robertshrimsley.bsky.social

โ€œStarmer canโ€™t afford to wait for reckless Reform to implodeโ€

on.ft.com/3VxxCaR

26.09.2025 06:52 โ€” ๐Ÿ‘ 151    ๐Ÿ” 58    ๐Ÿ’ฌ 19    ๐Ÿ“Œ 40

Financing infrastructure without unnerving the bond market @jenwilliamsft.bsky.social @tonytassell.bsky.social @pickardje.bsky.social @marymcd.bsky.social @pmdfoster.bsky.social @greenmirandahere.bsky.social

23.09.2025 09:02 โ€” ๐Ÿ‘ 12    ๐Ÿ” 4    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 1
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No link between paracetamol use during pregnancy and autism or ADHD in children In the largest epidemiologic study to date of the risk of giving birth to a child with autism, ADHD or intellectual disability following acetaminophen use during pregnancy, researchers found no associ...

'Tylenol' is known in the civilised world as Paracetamol

2.4 million children born in Sweden between 1995 and 2019. Studied 186,000 children whose mothers were treated with paracetamol during pregnancy.

news.ki.se/no-link-betw...

22.09.2025 09:04 โ€” ๐Ÿ‘ 1671    ๐Ÿ” 709    ๐Ÿ’ฌ 42    ๐Ÿ“Œ 43

I use this graph a lot.

23.09.2025 06:39 โ€” ๐Ÿ‘ 251    ๐Ÿ” 69    ๐Ÿ’ฌ 5    ๐Ÿ“Œ 0
Using the OBR data, the CPS attempted to put a figure on what this could mean for the fiscal cost to Britain of 801,000 migrants being granted ILR. Erring on the side of caution, it estimated the net cost at around ยฃ234bn to the UK โ€“ a figure cited by Mr Farage.
However, the CPS said that changes in some of the definitions meant that these cost estimates should no longer be used โ€“ although its estimate of 800,000 being granted ILR remained intact.
The think tank will now publish an updated estimate, which is still expected to reveal a significant net cost of tens if not hundreds of billions of pounds to the economy. Newly published Home Office figures bear out the argument.

Using the OBR data, the CPS attempted to put a figure on what this could mean for the fiscal cost to Britain of 801,000 migrants being granted ILR. Erring on the side of caution, it estimated the net cost at around ยฃ234bn to the UK โ€“ a figure cited by Mr Farage. However, the CPS said that changes in some of the definitions meant that these cost estimates should no longer be used โ€“ although its estimate of 800,000 being granted ILR remained intact. The think tank will now publish an updated estimate, which is still expected to reveal a significant net cost of tens if not hundreds of billions of pounds to the economy. Newly published Home Office figures bear out the argument.

I see the CPS is desperately trying to repair the damage.

The claim that their clear errors were down to "changes in definitions" is a lie. Journalists should treat any new estimates with appropriate scepticism.

archive.ph/JSo7O#select...

23.09.2025 06:46 โ€” ๐Ÿ‘ 157    ๐Ÿ” 60    ๐Ÿ’ฌ 10    ๐Ÿ“Œ 4
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The data is in -- tourism to US dropped after Trump came in, while tourism recovered in rest of world...foreign arrivals at American airports down 3.8% compared with 2024, or 1.3m fewer people. With more Americans going the other way. See charts via @economist.com

www.economist.com/graphic-deta...

20.09.2025 14:09 โ€” ๐Ÿ‘ 62    ๐Ÿ” 27    ๐Ÿ’ฌ 6    ๐Ÿ“Œ 2
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To even allow the appearance of this โ€” Starmerโ€™s No 10 adopting Trumpian media management policies โ€” seems extraordinary to me. Very depressing.

18.09.2025 11:35 โ€” ๐Ÿ‘ 190    ๐Ÿ” 49    ๐Ÿ’ฌ 11    ๐Ÿ“Œ 11

Ambassador Matthew Wilson of Barbados pushes back on idea US can be browbeaten back to WTO bodies like currently moribund Appellate Body.

โ€œWe need to figure out what we are going to put before the US: what are the key elements that would be good not only for the US, but good for the system?โ€

18.09.2025 09:54 โ€” ๐Ÿ‘ 10    ๐Ÿ” 1    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0
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Passion from WTO founder James Bacchus at @wto.org panel on โ€œThe WTO without the United States?โ€

โ€œI have a message for 165 of the 166 members of the WTO: โ€˜stop letting the United States of America push you around. Stand up for your rights under the WTO treatyโ€™. โ€ฆโ€™use it or lose itโ€™โ€

Cue applause.

18.09.2025 09:38 โ€” ๐Ÿ‘ 59    ๐Ÿ” 14    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 1

Bah humbug, Henig!

18.09.2025 07:10 โ€” ๐Ÿ‘ 8    ๐Ÿ” 0    ๐Ÿ’ฌ 2    ๐Ÿ“Œ 0
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on.ft.com/4nhvSyM NEW: Trump tariffs on EU medical devices will drive up US patient bills, industry claims

โ€ฆwith a very testy White House response, which usually means theyโ€™re worried about it.

Me and @judewebber.bsky.social for @financialtimes.com

18.09.2025 07:08 โ€” ๐Ÿ‘ 37    ๐Ÿ” 15    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 1

Chilling. The irony really doesnโ€™t escape them.

18.09.2025 07:01 โ€” ๐Ÿ‘ 43    ๐Ÿ” 0    ๐Ÿ’ฌ 4    ๐Ÿ“Œ 0
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Spending a couple of days at the @wto.org in Geneva taking the pulse at the annual Public Forum โ€” the โ€œWoodstock of world tradeโ€ as one rather enthusiastic participant put it.

Lots of jokes about whether WTO even has a pulse these days.

Might be on life support, but not dead quite yetโ€ฆ

18.09.2025 06:59 โ€” ๐Ÿ‘ 33    ๐Ÿ” 7    ๐Ÿ’ฌ 4    ๐Ÿ“Œ 0
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Tariff exemptions to follow? ๐Ÿ˜

10.09.2025 15:05 โ€” ๐Ÿ‘ 24    ๐Ÿ” 3    ๐Ÿ’ฌ 3    ๐Ÿ“Œ 1

Even Trump has had to walk back on this a bit, but the wider point as we've seen before is that raising barriers harms investment because companies need access to imports and skills. There's no new economic paradigm being created in the US.

08.09.2025 06:52 โ€” ๐Ÿ‘ 65    ๐Ÿ” 17    ๐Ÿ’ฌ 3    ๐Ÿ“Œ 0
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The data that shows the internet removes guardrails and fuels populism โ€” itโ€™s either the unfiltered โ€œwill of the peopleโ€ or digital mob rule. Take your pick.

Grabs from @jburnmurdoch.ft.com piece here:

on.ft.com/45WUaGw The end of the gatekeepers

05.09.2025 11:01 โ€” ๐Ÿ‘ 78    ๐Ÿ” 46    ๐Ÿ’ฌ 4    ๐Ÿ“Œ 4

What stood out to me from Richard Ticeโ€™s interview on #BBCR4Today was his praise of the economic policies ofโ€ฆ George Osborne.

I wonder if that stood out for @nadinedorries.bsky.social too?

05.09.2025 07:32 โ€” ๐Ÿ‘ 27    ๐Ÿ” 5    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

Indeed: the populists do make people poorer, but then they blame anyone but themselves: immigrants, unions, foreign wars etc.

Poor people are disgruntled.

Ripe for exploitation by populists.

Rinse and repeat. (As weโ€™re seeing now)

05.09.2025 07:23 โ€” ๐Ÿ‘ 111    ๐Ÿ” 42    ๐Ÿ’ฌ 4    ๐Ÿ“Œ 2

As we prepare for the next tidal wave of nonsense around Reform in the UK, two points should stand out as the core rebuttal

- economic issues the UK faces are the same as many other countries
- populist right policies have made those issues worse

05.09.2025 06:44 โ€” ๐Ÿ‘ 312    ๐Ÿ” 119    ๐Ÿ’ฌ 15    ๐Ÿ“Œ 2
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Honking endorsement for Farage, Johnson et la, without a momentโ€™s reflection that 10 years of UKIPified Tory govt created the mess theyโ€™re railing about โ€” booming benefits bills, bond market routs, immigration surges, trade slump and investment slumps. Bring back Boris and Nadine! Thatโ€™ll fix it. ๐Ÿ™ˆ

05.09.2025 06:25 โ€” ๐Ÿ‘ 1106    ๐Ÿ” 278    ๐Ÿ’ฌ 148    ๐Ÿ“Œ 53
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Transcript: After globalisation โ€” Whatโ€™s next for a fractured world? With Neil Shearing Peter Foster talks to Neil Shearing

Useful comment about the complexity of de-globalization.

@pmdfoster.bsky.social

on.ft.com/47VkL9D

02.09.2025 04:04 โ€” ๐Ÿ‘ 1    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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UK advertises contract to run Erasmus scheme Tender indicates ministers are preparing ground to rejoin European student swap programme

UK advertises contract to run Erasmus scheme
Tender indicates ministers are preparing ground to rejoin European student swap programme.
More from @financialtimes.com @pmdfoster.bsky.social @amyborrett.ft.com @andybounds.bsky.social
on.ft.com/4pg1XbA
#education #educationnews

01.09.2025 12:00 โ€” ๐Ÿ‘ 18    ๐Ÿ” 9    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 2

@pmdfoster is following 20 prominent accounts