Toby Nangle's Avatar

Toby Nangle

@tobyn.bsky.social

FT Alphaville reporter. “Veteran” fund manager. Resolution Foundation Assoc. Baring Foundation Trustee.

12,902 Followers  |  466 Following  |  2,287 Posts  |  Joined: 01.07.2023  |  2.2041

Latest posts by tobyn.bsky.social on Bluesky

Amazon.com

Just finished @mhtaylor.bsky.social’s cracking 2020 book on the battle between those seeking an end to slavery & those seeking to maintain or prolong it. Recommend. a.co/d/cCPmwlR

03.08.2025 14:54 — 👍 4    🔁 0    💬 1    📌 0

Am afraid nothing comes to mind.

03.08.2025 08:43 — 👍 1    🔁 0    💬 0    📌 0

Daisy Meadows RIP

03.08.2025 07:46 — 👍 2    🔁 0    💬 1    📌 0
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These are the top replies, being financially rewarded for posting this stuff, and the explanation offered by the site’s own AI for why it’s like that.

Anyway just flicking through the Sunday newspapers reading about some minor content infractions that Ofcom might look into at the BBC/Channel 4.

03.08.2025 06:34 — 👍 1194    🔁 346    💬 74    📌 76
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Global Data Pod Weekender: Downside risks re-emerge Podcast Episode · Global Data Pod · 01/08/2025 · 31m

Continue to be amazed that JPM put this out free.

The Bruce-Joe weekly economic data podcast fight is very good. podcasts.apple.com/gb/podcast/g...

03.08.2025 06:03 — 👍 20    🔁 1    💬 1    📌 0

Museo di Valmaggia in Cevio.

02.08.2025 08:58 — 👍 1    🔁 0    💬 0    📌 0
Bond issued in 1904, with annual coupons falling to avg year until 1927.

Bond issued in 1904, with annual coupons falling to avg year until 1927.

Financing the now defunct Locarno-Bignasso railway. Coupons unclipped

02.08.2025 08:50 — 👍 16    🔁 0    💬 1    📌 0

It has been the honor of my life to serve as Commissioner of BLS alongside the many dedicated civil servants tasked with measuring a vast and dynamic economy. It is vital and important work and I thank them for their service to this nation.

02.08.2025 02:18 — 👍 21833    🔁 4394    💬 1188    📌 264

According to BBC, blue collar protests in Copenhagen.

01.08.2025 12:47 — 👍 2    🔁 0    💬 0    📌 0

You prob saw that Denmark - one of the wealth and most egalitarian countries in the world - just raised state pension age to 70 for those born after 1970.

01.08.2025 12:46 — 👍 2    🔁 0    💬 1    📌 0
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What is the point of owning a mansion in Mayfair? London’s luxury property market has bigger problems than the ‘exodus’ of wealthy non-doms

Another top piece on UK housing by @resi-analyst.bsky.social - this time about the very top end on.ft.com/4oeA9Ud

31.07.2025 16:25 — 👍 4    🔁 0    💬 1    📌 0
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Should we be alarmed or optimistic about Japan’s debt? The return of inflation has brought the public finances back under control

Thoughtful analysis of Japan’s debt and fiscal position. www.ft.com/content/3be5...

30.07.2025 11:29 — 👍 3    🔁 0    💬 0    📌 0
Rasmus Jarlov on Twitter writes: "There is nothing to celebrate. Moving from average tariffs of less than 2% on trade between the USA and Europe to 15% under today’s deal will inevitably lead to inflation. Almost everything will become more expensive in both Europe and the USA, and we will all be worse off. The economic illiteracy in the White House is doing serious damage to the West."

Stylish Skunk replies: "I have a feeling you have 0 idea what you're talking about.

In fact I know you do."

Rasmus Jarlov responds: "Of course. I am former minister of trade in Denmark and you are an anonymous Twitter profile. You probably know a lot more than me. For sure."

Rasmus Jarlov on Twitter writes: "There is nothing to celebrate. Moving from average tariffs of less than 2% on trade between the USA and Europe to 15% under today’s deal will inevitably lead to inflation. Almost everything will become more expensive in both Europe and the USA, and we will all be worse off. The economic illiteracy in the White House is doing serious damage to the West." Stylish Skunk replies: "I have a feeling you have 0 idea what you're talking about. In fact I know you do." Rasmus Jarlov responds: "Of course. I am former minister of trade in Denmark and you are an anonymous Twitter profile. You probably know a lot more than me. For sure."

lol

28.07.2025 01:46 — 👍 48120    🔁 8502    💬 746    📌 456

Worth remembering that in any other administration, a 15% tariff on our largest trade partner & some of our closest allies would be considered the worst trade war in more than a generation

27.07.2025 16:37 — 👍 3225    🔁 723    💬 73    📌 28

Fast Show had *nothing* on this lot.

26.07.2025 20:31 — 👍 0    🔁 0    💬 0    📌 0

Watching ‘Ciao Darwin 9’ and … wow.

26.07.2025 20:31 — 👍 0    🔁 0    💬 1    📌 0

YES!

26.07.2025 16:53 — 👍 3    🔁 0    💬 0    📌 0

Sorry - didn’t mean for my pondering to be interpreted as a precis. Just wonder whether it feels safer for a gang to go into a supermarket and sweep the shelves of easy on-saleables knowing there’ll be only a couple of staff in the shop, rather than lots.

24.07.2025 16:22 — 👍 0    🔁 0    💬 1    📌 0

Reckon shoplifting & mobile phone theft the two most visible IRL crimes.

24.07.2025 12:32 — 👍 5    🔁 0    💬 0    📌 0
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Shoplifting in England and Wales at highest levels since records began Companies report increasingly aggressive thieves targeting stores systematically

Wonder how much shoplifting jump flows from move to self-scan. Shops just empty of staff.
on.ft.com/3IKcI50

24.07.2025 12:30 — 👍 14    🔁 4    💬 8    📌 0

Saw him banging this drum some months ago. Seemed nuts then. bsky.app/profile/toby...

24.07.2025 09:48 — 👍 10    🔁 1    💬 1    📌 0

Interesting analysis. Your contention is that the right are responding as an alienated body. If so, should an effort be made to make them feel invested in the future of the country?

24.07.2025 09:41 — 👍 1    🔁 0    💬 3    📌 0

It is SO FAR from a picture I recognise of London that I find it hard to understand as anything but a bad faith pot-stir to frighten non-Londoners.

22.07.2025 17:45 — 👍 25    🔁 0    💬 0    📌 0

Having lived in London almost my entire life this picture painted by the weird Reform lady is one I don’t recognise *in the slightest*.

22.07.2025 17:44 — 👍 23    🔁 0    💬 2    📌 0

God this stuff is just so depressing. Don’t know what can be done about people going on the media, whether traditional or new, and essentially just scaring people into staying inside and going mad.

22.07.2025 13:13 — 👍 957    🔁 190    💬 128    📌 19
… the proposed Tax Justice Network
UK wealth tax would raise *all* its
revenue from the top 0.1%.

About 80% of wealth tax revenue would come from the wealthiest 5,000 people and around 15% of wealth tax revenue from just ten individuals.

… the proposed Tax Justice Network UK wealth tax would raise *all* its revenue from the top 0.1%. About 80% of wealth tax revenue would come from the wealthiest 5,000 people and around 15% of wealth tax revenue from just ten individuals.

Having 15% of a prospective tax come from 10 individuals does make it look … fragile?

22.07.2025 09:13 — 👍 13    🔁 7    💬 1    📌 0
For the owner of a business yielding a 4% return, a 2% wealth tax on top of dividend tax creates a marginal effective tax rate of 89.35% - or 104.5% if we include corporation tax. On the other hand, if the business yields a 15% return, the effective rate is 52.7%, or 69% after corporation tax.

For the owner of a business yielding a 4% return, a 2% wealth tax on top of dividend tax creates a marginal effective tax rate of 89.35% - or 104.5% if we include corporation tax. On the other hand, if the business yields a 15% return, the effective rate is 52.7%, or 69% after corporation tax.

Skimming new wealth tax analysis by @danneidle.bsky.social. Marginal tax of 104% sounds … high. taxpolicy.org.uk/2025/07/22/u...

22.07.2025 09:10 — 👍 28    🔁 8    💬 9    📌 2
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Pretty messy

21.07.2025 08:59 — 👍 4    🔁 0    💬 0    📌 0
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The Genius Myth *A Guardian, Financial Times, New Statesman and GQ Book for 2025 * *From the Sunday Times bestselling author of Difficult Women* 'Brilliant, timely and compulsively readable. Helen Lewis shows how th...

Genius Myth by @helenlewis.bsky.social is so funny, sharp, clever & well-written. Strong recommend. www.penguin.co.uk/books/442983...

21.07.2025 08:12 — 👍 6    🔁 0    💬 1    📌 0
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The elusive ‘illiquidity premium’ Aviva Investors pull back the curtain

>2000 private debt deals’ worth of illiquidity premia charted on.ft.com/46YbPzI

21.07.2025 07:49 — 👍 3    🔁 0    💬 1    📌 0

@tobyn is following 20 prominent accounts