William Wright
@williamw1.bsky.social
Founder of think tank New Financial. Bigger & better capital markets in Europe. ‘Top City wonk’ - CityAM. Expert on the decline of ties - Daily Mail
Reposted by William Wright
I hope someone checks in with these guys today to see how they’ll cope with the Budget
November 26, 2025 at 8:21 AM
I hope someone checks in with these guys today to see how they’ll cope with the Budget
I have a friend who by his own admission makes far too much money. He asked me today if I knew whether the mansion tax would apply to both of his homes (yes) and whether there would be premium mansion tax on his second one (???) #highqualityproblems
November 26, 2025 at 6:51 PM
I have a friend who by his own admission makes far too much money. He asked me today if I knew whether the mansion tax would apply to both of his homes (yes) and whether there would be premium mansion tax on his second one (???) #highqualityproblems
Reposted by William Wright
Would love some in-depth numbers on what the majority of 20-30 somethings basically paying a 9% higher marginal tax rate has actually done to economic behaviour. Feels very under-discussed bsky.app/profile/igma...
Student loan repayment thresholds frozen for a further three years.
More debt burden falling on graduates.
And even more reason to cut university places by 20-30%.
More debt burden falling on graduates.
And even more reason to cut university places by 20-30%.
November 26, 2025 at 1:00 PM
Would love some in-depth numbers on what the majority of 20-30 somethings basically paying a 9% higher marginal tax rate has actually done to economic behaviour. Feels very under-discussed bsky.app/profile/igma...
It's April 2020, the middle of lockdown.
You want to keep your money safe so look up the best available cash ISA rates. 1.61% locked up for 5 years. Looks good. You put in £20,000.
It's now April 2025, you've now got £21,663, an 8% return. Great.
But in real terms, you've lost 15% of your money
You want to keep your money safe so look up the best available cash ISA rates. 1.61% locked up for 5 years. Looks good. You put in £20,000.
It's now April 2025, you've now got £21,663, an 8% return. Great.
But in real terms, you've lost 15% of your money
November 26, 2025 at 12:04 PM
It's April 2020, the middle of lockdown.
You want to keep your money safe so look up the best available cash ISA rates. 1.61% locked up for 5 years. Looks good. You put in £20,000.
It's now April 2025, you've now got £21,663, an 8% return. Great.
But in real terms, you've lost 15% of your money
You want to keep your money safe so look up the best available cash ISA rates. 1.61% locked up for 5 years. Looks good. You put in £20,000.
It's now April 2025, you've now got £21,663, an 8% return. Great.
But in real terms, you've lost 15% of your money
This is excellent news. Regardless of what impact it will have on investing, it is insane that the UK offers tax incentives to save up to £20k a year. No other country has incentives for saving that are anywhere close to this level. www.ft.com/content/c134...
Rachel Reeves to cut annual cash Isa limit to £12,000 in Budget
Move comes as UK government attempts to funnel more cash into London-listed stocks
www.ft.com
November 25, 2025 at 8:58 PM
This is excellent news. Regardless of what impact it will have on investing, it is insane that the UK offers tax incentives to save up to £20k a year. No other country has incentives for saving that are anywhere close to this level. www.ft.com/content/c134...
You’ve been kidnapped. The characters from the last TV show you watched are trying to rescue you. Who’s coming to save you?
I'm good.
I'm good.
November 25, 2025 at 6:03 PM
You’ve been kidnapped. The characters from the last TV show you watched are trying to rescue you. Who’s coming to save you?
I'm good.
I'm good.
Just for once it would be lovely if Thameslink could put on a train to go home that runs on time. Just once.
November 25, 2025 at 3:20 PM
Just for once it would be lovely if Thameslink could put on a train to go home that runs on time. Just once.
Thank you Zak Crawley for making everyone feel better about how their week is going
November 22, 2025 at 7:36 AM
Thank you Zak Crawley for making everyone feel better about how their week is going
Reposted by William Wright
only $84,192.56 to go before it reaches fair value
November 21, 2025 at 8:35 AM
only $84,192.56 to go before it reaches fair value
Quite enough stress already without that gut-wrenching feeling for the next six weeks of waking up in the morning and turning on the radio to hear the overnight score from the Ashes.
November 20, 2025 at 8:26 AM
Quite enough stress already without that gut-wrenching feeling for the next six weeks of waking up in the morning and turning on the radio to hear the overnight score from the Ashes.
I spend way too much time thinking about EU finreg as my first thoughts on this were a) what does this mean for the Ecofin agenda next year when Ireland has the presidency of the EU? And b) who will replace him as head of the Eurogroup and what will that mean for the SIU? www.rte.ie/news/politic...
Donohoe resigns from Government for World Bank role
Minister for Finance Paschal Donohoe has resigned from his role in Government to take up a position at the World Bank.
www.rte.ie
November 18, 2025 at 7:51 PM
I spend way too much time thinking about EU finreg as my first thoughts on this were a) what does this mean for the Ecofin agenda next year when Ireland has the presidency of the EU? And b) who will replace him as head of the Eurogroup and what will that mean for the SIU? www.rte.ie/news/politic...
Reposted by William Wright
I simply do not understand how the govt can simultaneously believe (1) they don’t have enough political capital to breach the manifesto on tax and (2) they have enough to political capital to pick an unwinnable fight with their own MPs on immigration.
November 17, 2025 at 11:01 AM
I simply do not understand how the govt can simultaneously believe (1) they don’t have enough political capital to breach the manifesto on tax and (2) they have enough to political capital to pick an unwinnable fight with their own MPs on immigration.
It's that time of year when every company I have ever bought something from online decides to ignore GDPR and send me a Christmas marketing email anyway...
November 17, 2025 at 11:17 AM
It's that time of year when every company I have ever bought something from online decides to ignore GDPR and send me a Christmas marketing email anyway...
I’m old enough to remember when beating Australia at rugby was a big deal
November 15, 2025 at 9:48 PM
I’m old enough to remember when beating Australia at rugby was a big deal
That emergency budget in July 2024 when the government announced that things were a lot worse than they thought, reversed half of the cuts to employee NI, and added a 1p NHS levy to income tax seems a very long time ago.
November 14, 2025 at 9:11 AM
That emergency budget in July 2024 when the government announced that things were a lot worse than they thought, reversed half of the cuts to employee NI, and added a 1p NHS levy to income tax seems a very long time ago.
Reposted by William Wright
Serious economists think that the cost of Brexit is bigger than the OBR say. 6% of £3000bn is £180bn, about £500m a DAY.
Synthetic controls with a heavy weight on the US always worry me a little, but this is a careful bit of work from Nick Bloom and co with (as I see it) two big implications
1. They put the Brexit hit to GDP at 6-8%..!
2. Their measure of the damage hasn't bottomed out yet
www.nber.org/papers/w34459
1. They put the Brexit hit to GDP at 6-8%..!
2. Their measure of the damage hasn't bottomed out yet
www.nber.org/papers/w34459
November 13, 2025 at 7:57 PM
Serious economists think that the cost of Brexit is bigger than the OBR say. 6% of £3000bn is £180bn, about £500m a DAY.
Reposted by William Wright
Cooking something that seems plausible, only to realise you haven't thought things through? My latest Recipe For Disaster is David Cameron's Porcine Pasta.
Recipes for disaster: David Cameron's porcine pasta
Politicians making a meal of it. This week: David Cameron's porcine pasta
www.politicshome.com
November 13, 2025 at 12:30 PM
Cooking something that seems plausible, only to realise you haven't thought things through? My latest Recipe For Disaster is David Cameron's Porcine Pasta.
Reposted by William Wright
The fact that the BBC has made serious culpable errors does not negate the point that there is a real and concerted right-wing media campaign to destroy it. Both points can be true at the same time and the campaign would not end even if the errors did.
November 10, 2025 at 1:08 PM
The fact that the BBC has made serious culpable errors does not negate the point that there is a real and concerted right-wing media campaign to destroy it. Both points can be true at the same time and the campaign would not end even if the errors did.
It’s marvellous that in his memo to the BBC board on his concerns over bias and inaccuracy, Michael Prescott appears to have accidentally been inaccurate in claiming that he ‘served as the political editor of The Sunday Times for 10 years’ when he didn’t archive.ph/mJIsB
November 10, 2025 at 7:41 PM
It’s marvellous that in his memo to the BBC board on his concerns over bias and inaccuracy, Michael Prescott appears to have accidentally been inaccurate in claiming that he ‘served as the political editor of The Sunday Times for 10 years’ when he didn’t archive.ph/mJIsB
This is appalling
Plaques commemorating Black WWII soldiers fighting against Nazi Germany have been removed from a U.S. military cemetery in the Netherlands —Newsweek
November 10, 2025 at 7:17 PM
This is appalling
Remembering my father and the father he never knew
November 9, 2025 at 11:35 AM
Remembering my father and the father he never knew
Reposted by William Wright
Wishing only continued excellent health to inspirational 94 year old artist Bridget Riley on.ft.com/43ZrQTM
Bridget Riley: ‘I want my paintings to make people feel alive’
[FREE TO READ] The 94-year-old doyenne of British abstract art on influences from Seurat to Mondrian, her wartime childhood in Cornwall — and ‘the healing power of looking’
on.ft.com
November 7, 2025 at 3:41 PM
Wishing only continued excellent health to inspirational 94 year old artist Bridget Riley on.ft.com/43ZrQTM
Reposted by William Wright
It's up! At the FT, I talk about regulators and their different philosophical approaches www.ft.com/content/b12c...
Numbers vs more judgment: the US-Europe regulatory divide widens
Cuts to the Fed’s supervisory staff reflect a particularly American approach to financial oversight
www.ft.com
November 7, 2025 at 9:20 AM
It's up! At the FT, I talk about regulators and their different philosophical approaches www.ft.com/content/b12c...
Reposted by William Wright
NEW: The End of the Line: the centrepiece of Saudi Arabia’s Neom gigaproject - a 500m tall, 170km long wall-like building intended ultimately to house 9 million people - can’t get out of the ground, say more than 20 former Neom architects, engineers and senior executives.
ig.ft.com/saudi-neom-l...
ig.ft.com/saudi-neom-l...
End of The Line: how Saudi Arabia’s Neom dream unravelled
Mohammed bin Salman’s utopian city was undone by the laws of physics and finance
ig.ft.com
November 6, 2025 at 6:56 AM
NEW: The End of the Line: the centrepiece of Saudi Arabia’s Neom gigaproject - a 500m tall, 170km long wall-like building intended ultimately to house 9 million people - can’t get out of the ground, say more than 20 former Neom architects, engineers and senior executives.
ig.ft.com/saudi-neom-l...
ig.ft.com/saudi-neom-l...