notayesmansecon.bsky.social
@notayesmansecon.bsky.social
Thank you to the ladies of Battersea Park Zumba who were in fine form yesterday. 💃💃💃💃💃💃💃💃💃💃
November 30, 2025 at 2:27 PM
UK Wind Power has rallied to 14,8GW this morning. With 0.5GW of Solar we are burning 3.1GW of Gas as well as importing 4.4W. Hydro is 0.7GW. Nuclear is 4.1GW and the awful Biomass 3.3GW. The price of wholesale electricity over the past 24 hours was £66 per MWh. #renewables
November 30, 2025 at 8:49 AM
Good Morning All
November 30, 2025 at 8:43 AM
That is one way of saying that Chancellor Rachel Reeves lied.
An extraordinary story really as she must have known she would get caught. Or did she?
www.telegraph.co.uk/politics/202... Rachel Reeves misled the public over the state of the country’s finances as she plotted her £30bn tax raid, allegedly to save herself and Sir Keir Starmer. The British watchdog Office for Budget Responsibility (OBR) published an expose on discussions.
November 29, 2025 at 9:04 AM
UK Wind Power has fallen to 13.9GW this morning. With 0GW of Solar we are burning 5.8GW of Gas as well as importing 4.W. Hydro is 0.6GW. Nuclear is 4.1GW and the awful Biomass 3.3GW. The price of wholesale electricity over the past 24 hours was £74 per MWh. #renewables
November 29, 2025 at 8:45 AM
Good Morning All
November 29, 2025 at 8:39 AM
My thoughts on why I think it is a bad idea that the UK is switching to issuing more short-dated debt? How has the UK bond market responded to the Budget? Will mutuals be affected by he cash ISA changes? Can you explain how student loans affect the UK public finances?
soundcloud.com/shaun-richar...
Notayesmanspodcast356
This is the latest in my series of podcasts explaining how economics works in the credit crunch and now virus pandemic era. This week I give my thoughts on why I think it is a bad idea that the UK is
soundcloud.com
November 28, 2025 at 1:12 PM
The Military Industrial Complex is a disgrace that needs reform

This week has brought several stories which have reminded me of the famous words of President Eisenhower. This conjunction of an immense military establishment and a large arms industry is new in the American experience. . . .Yet we…
The Military Industrial Complex is a disgrace that needs reform
This week has brought several stories which have reminded me of the famous words of President Eisenhower. This conjunction of an immense military establishment and a large arms industry is new in the American experience. . . .Yet we must not fail to comprehend its grave implications. . . . In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex.
notayesmanseconomics.wordpress.com
November 28, 2025 at 11:16 AM
If you have a question for my weekly economics and financial markets podcast then please let me know.
November 28, 2025 at 10:04 AM
UK Wind Power has rallied to 20.1GW this morning. With 0.4GW of Solar we are burning 7GW of Gas as well as importing 4.3GW. Hydro is 0.6GW. Nuclear is 4.1GW and the awful Biomass 2.6GW. The price of wholesale electricity over the past 24 hours was £66 per MWh. #renewables
November 28, 2025 at 8:44 AM
Good Morning All
November 28, 2025 at 8:34 AM
via
@jessicaelgot

Biggest alarm on day 2 of the Budget coming in two key areas -
- SEND, which will see DfE potentially facing a £20bn timebomb in two years
- Hospitality - where lots of hospitality businesses panicking about new rates.
Remember there is usually something hidden in a UK Budget that emerges in the next 24 hours.
November 27, 2025 at 1:36 PM
The UK Budget involves spending today and taxing tomorrow

Yesterday's Budget presented by Chancellor Rachel Reeves covered a lot of ground. But let us start our look at the economics with one fundamental issue. That is why today, I am restoring stability to our public finances… Public sector net…
The UK Budget involves spending today and taxing tomorrow
Yesterday's Budget presented by Chancellor Rachel Reeves covered a lot of ground. But let us start our look at the economics with one fundamental issue. That is why today, I am restoring stability to our public finances… Public sector net borrowing will be £105.6bn in 2025-26, £88.5bn in 2026-27, £72.2bn in 2027-28, £71.9bn in 2028-29 and £70.6bn in 2029-2930......To restore stability to our public finances.
notayesmanseconomics.wordpress.com
November 27, 2025 at 11:17 AM
The UK ten-year yield is back rising this morning at 4.45%.
November 27, 2025 at 8:53 AM
It looks like the cuts to the UK schools budget are one. A particular cheek after the rhetoric from Chancellor Rachel Reeves. Have people spotted any others? #Budget
Remember there is usually something hidden in a UK Budget that emerges in the next 24 hours.
November 27, 2025 at 8:47 AM
UK Wind Power has rallied to 18.9GW this morning. With 0.2GW of Solar we are burning 8.3GW of Gas as well as importing 2.8GW. Hydro is 0.5GW. Nuclear is 4.1GW and the awful Biomass 3.2GW. The price of wholesale electricity over the past 24 hours was £80 per MWh. #renewables
November 27, 2025 at 8:41 AM
Good Morning All
November 27, 2025 at 8:32 AM
Okay let's update post UK Budget

UK ten-year yield 4.43%
UK Pound £ US $1.3230
FTSE 100 9690
Let us set some market markets ahead of the UK Budget.

UK ten-year yield 4.47%
UK Pound £ US $1.3188
FTSE 100 9640
November 26, 2025 at 4:38 PM
Remember there is usually something hidden in a UK Budget that emerges in the next 24 hours.
November 26, 2025 at 3:06 PM
Remember there is usually something hidden in a UK Budget that emerges in the next 24 hours.
November 26, 2025 at 3:05 PM
UK inflation will rise in September 2026 as 5 pence is added to fuel duty. Yet Chancellor Rachel Reeves claims to be cutting the cost of living. This is ever more incoherent. #Budget
November 26, 2025 at 1:40 PM
UK Chancellor Rachel Reeves is now openly lying about the UK National Debt. She claims she has cut it, The official figures are.
UK debt when she became Chancellor £2.74 trillion
UK debt in October £2.9 trillion or £160 billion higher. #Budget
November 26, 2025 at 1:07 PM
Simply extraordinary that UK Chancellor Rachel Reeves who has borrowed so much tries to blame others for the cost of UK debt interest.
"Borrowing in the financial year to October 2025 was £116.8 billion; this was £9.0 billion (or 8.4%) more than in 2024" #Budget
November 26, 2025 at 12:59 PM
Who on earth is the idiot who thinks that UK banks can help people invest rather than rip them off? #Budget
November 26, 2025 at 12:47 PM
What a 🤡show from the OBR about the UK Budget.
UK ten-year yield rises to 4.54% in response.
November 26, 2025 at 12:23 PM