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Andy Bruce (Reuters)

@bruceandy.bsky.social

6.1K followers 1.4K following 14K posts

Bit of this, bit of that at Reuters. UK economy and north of England correspondent. ☀️ Stockport ☀️ 💬 Signal: bruce.369

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Andy Bruce (Reuters) @bruceandy.bsky.social · Apr 16

Drop me a line if you:
💁have an interesting story to tell
⚠️think an issue needs national press attention
☕️have insight into big institutions or powerful people
🙊heard interesting rumours or gossip

DM/Signal in bio

@reuters.com has a long history of protecting sources

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Andy Bruce (Reuters) @bruceandy.bsky.social · 6h

An Establishment poll!

Controlled by the Governor of the Bank of England, no doubt.

Reposted by Andy Bruce (Reuters)

Dylan Difford @dylandifford.bsky.social · 6h

Liz Truss finding that rare polling 0%

YouGov @yougov.co.uk · 6h

On the centenary of her birth, Margaret Thatcher is Britons' top choice for best PM of the last 50 years

Margaret Thatcher: 29%
Tony Blair: 12%
Harold Wilson: 6%
Boris Johnson: 4%
Gordon Brown: 3%
David Cameron: 3%
John Major: 2%

yougov.co.uk/topics/polit...

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Reposted by Andy Bruce (Reuters)

Chris Grey @chrisgrey.bsky.social · 12h

This deserves more attention than it has received.

Gove: "we were too anxious as a government to secure those deals in order to show that Brexit was working".

Exactly as so many of us warned at the time, and as the government denied at the time.
www.yorkshirepost.co.uk/country-and-...

Michael Gove admits that post-Brexit trade deals were bad for farmers

Michael Gove has admitted for the first time that the Australia and New Zealand trade deals negotiated by the former Tory government did not protect Britain’s farmers.

www.yorkshirepost.co.uk

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Andy Bruce (Reuters) @bruceandy.bsky.social · 7h

Teeny house guest brought in by the cat last night.

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Reposted by Andy Bruce (Reuters)

Reuters @reuters.com · 3d

'When authoritarians seize power, it is crucial to recognize courageous defenders of freedom who rise and resist,' the Norwegian Nobel Committee said as it announced Maria Corina Machado as the winner of the 2025 Nobel Peace Prize

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Reposted by Andy Bruce (Reuters)

Ian Bassin @ianbassin.bsky.social · 4d

Hamilton warned that without Senate confirmation, a president might appoint officials "who had no other merit than that of being in some way or other personally allied to him, or of possessing the necessary insignificance and pliancy to render them the obsequious instruments of his pleasure."

Anna Bower @annabower.bsky.social · 4d

MSNBC reports that Lindsey Halligan presented the case to the grand jury

bsky.app/profile/anna...

Anna Bower @annabower.bsky.social · 4d

Per Fox News, a federal grand jury in the Eastern District of Virginia is currently weighing whether to charge NY AG Letitia James with mortgage fraud.

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Andy Bruce (Reuters) @bruceandy.bsky.social · 4d

Trump’s war on the left: Inside the plan to investigate liberal groups - www.reuters.com/legal/govern...

www.reuters.com

Andy Bruce (Reuters) @bruceandy.bsky.social · 5d

Excellent point

Strange Days at Blake Hol(e)sey High 👻 🍑 @reactionordinary.bsky.social · 5d

The RIAA was suing teenagers. We had to sit through ⬇️ this shit anytime we wanted to watch a DVD. A whole generation shamed for using Limewire and torrents. Only for these silicone valley assholes to now find copyright infringement a necessary evil they shouldn’t have to answer for

Reposted by Andy Bruce (Reuters)

Michael Derby @michaelsderby.bsky.social · 5d

Reuters/Ipsos poll finds strong majority of Americans oppose Trump’s use of soldiers as cops, also “Trump's approval rating on crime fell in the latest poll to 41% from 43% in a Reuters/Ipsos poll conducted September 5-9.”

www.reuters.com

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Andy Bruce (Reuters) @bruceandy.bsky.social · 5d

what the UK borrows (revenue - spending) determines what the DMO issues down the line

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Reposted by Andy Bruce (Reuters)

Reuters @reuters.com · 6d

Airbus A320 ousts Boeing 737 as most-delivered jet in history reut.rs/3IyvEEl

Airbus A320 ousts Boeing 737 as most-delivered jet in history

Europe's Airbus broke a major commercial barrier on Tuesday when its A320 family of planes overtook the Boeing 737 to become the most-delivered jetliner in history.

reut.rs

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Reposted by Andy Bruce (Reuters)

Peter Thal Larsen @petertl.bsky.social · 6d

This photo from Portland by @reuters.com's Carlos Barria 👌

A demonstrator dressed in an inflatable frog costume stands infront of law enforcement officers during a protest outside of the ICE (Immigration and Customs Enforcement) headquarters in south Portland, Oregon, U.S., October 3, 2025. REUTERS/Carlos Barria

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Reposted by Andy Bruce (Reuters)

Chaminda Jayanetti @cjayanetti.bsky.social · 6d

Some of London’s poorest areas could see their share of the children’s services funding formula halved under Labour’s plans to reform local government grants.

By me, for Politics Home: www.politicshome.com/news/article...

London Councils Face Losing Half Their Share Of Children's Services Funding

Some of London’s poorest areas could see their share of funding for children’s services halved under Labour’s plans to reform local government gran...

www.politicshome.com

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Reposted by Andy Bruce (Reuters)

Sunder Katwala (sundersays) @sundersays.bsky.social · 9d

What an admirably clear statement from the Jewish Leadership Council, especially when all of those involved must surely have been dealing with so many other urgent challenges in safety, security and grief + shock today before having this further divisive and distracting intervention to address too.

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Reposted by Andy Bruce (Reuters)

Resolution Foundation @resfoundation.bsky.social · 9d

None of the proposed two-child limit options are as efficient in lifting children out of poverty as fully scrapping the policy.

Fully abolishing the two-child limit should be the starting point of any successful Child Poverty Strategy.

Read more➡️ buff.ly/DyvTYGN

Table 1 shows the cost per child lifted out of poverty for fully scrapping the two-child limit
and each of the floated options. The only option that has a similar cost-effectiveness to full
abolition is exempting families who are in work, at £7,540 per child lifted out of poverty,
(compared to £7,480 for full abolition). The lower cost-effectiveness of the other options
should be considered alongside the issues outlined above that each option would introduce.

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Reposted by Andy Bruce (Reuters)

Adam Corlett @adamcorlett.bsky.social · 9d

One funny thing in OBR forecasts & maybe a reason to be more fiscally cheerful: they assume markets are right about high future borrowing costs (compare to Europe), but separately assume that inflation will be 2% and nominal pay growth very low. Fiscally the worst of both worlds, but not consistent?

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Andy Bruce (Reuters) @bruceandy.bsky.social · 12d

Interesting line in the Wikipedia profile of New Zealand psychologist Nigel Latta, who died the other day aged 58.

Reposted by Andy Bruce (Reuters)

ironeconomist.bsky.social @ironeconomist.bsky.social · 13d

I do not understand what Labour think the immigration system is for. I accept there are many possible answers here but what is their ideology that drives this?

Jack Bailey @jack-bailey.co.uk · 14d

I think Jonathan is being too polite: this policy is straightforwardly stupid. Other countries will make attractive offers that encourage hard-working, capable, and interesting people to choose them over us, and the UK will be worse off for it. And for what?

Jonathan Portes @jdportes.bsky.social · 14d

Apart from the unnecessary hardship this will inflict on individuals, this will be bad for integration and social cohesion, bad for the economy, and will increase irregular migration.

[And, as @robfordmancs.bsky.social has shown, it's hugely unpopular and out of step with the British public]

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Andy Bruce (Reuters) @bruceandy.bsky.social · 13d

Thanks. Makes sense - just wanted to check as so much of the mainstream commentary out there is people saying the BoE was too loose during the 2010s.

Which as you say, is wrong.

Andy Bruce (Reuters) @bruceandy.bsky.social · 13d

Probably being pedantic here as agree with your overall point that it's a terrible indictment of those times that we didn't get close to achieving the conditions you describe

Andy Bruce (Reuters) @bruceandy.bsky.social · 13d

Great thread. On the great sin of post GFC Mon Pol - are you arguing that m pol should have been even looser to raise demand to that point?

I'd always read the sin as overall macro policy - govt v clear that its strategy (such as it was) hinged on ultra loose MP. BoE never going to push against

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Reposted by Andy Bruce (Reuters)

Chris Giles @chrisgiles.ft.com · 13d

The biggest puzzle in the UK economy is why non pension savings are so high

For decades no one could get Brits to save. Now they won’t stop.

That this has happened without a recession shows UK economy under last and this govt is not the basket case I read about

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Andy Bruce (Reuters) @bruceandy.bsky.social · 18d

And to this day she is still doing the Treasury's bidding with her fruity diatribes.

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Andy Bruce (Reuters) @bruceandy.bsky.social · 18d

Liz Truss had two years in the same gig, but I have a theory about that: she was a Manchurian Candidate-style plant (no lettuce pun intended) as Treasury Brain emerged from her premiership stronger than ever.

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Reposted by Andy Bruce (Reuters)

Chaminda Jayanetti @cjayanetti.bsky.social · 18d

You don't have to be in hock to bond markets. You just have to have tax and spending plans that wouldn't melt the calculator of a seven year old

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