George Parker
@georgewparker.bsky.social
7.9K followers 13 following 83 posts
Political Editor Financial Times, former FT bureau chief in Brussels. Presenter R4 Week in Westminster. Crystal Palace and Somerset CCC supporter
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Reposted by George Parker
informingbritain.com
"REEVES RETREAT RESTORES WINTER FUEL PAYMENTS TO PENSIONERS"

@georgewparker.bsky.social for @financialtimes.com.

Chancellor #RachelReeves will restore Winter Fuel Payments to all but 2 million pensioners with income of more than £35,000.

#FinancialTimes
#IBPAPERS
#TomorrowsPapersToday
georgewparker.bsky.social
annasophiegross.bsky.social
NEW: Ministers are considering a softening of their contentious welfare reforms that could allow up to 200,000 people to keep their disability benefits, as the government seeks to stave off a backbench rebellion.
georgewparker.bsky.social
"Crossing the Rubicon"? Treasury confirms it will legislate for "reserve powers" to tell pension funds to put billions of pounds of savers' money into private assets. Good move to get more cash into the British economy or a dangerous state power grab?
www.ft.com/content/a637...
UK confirms powers to force pension funds to back British assets
Chancellor hopes plan to establish ‘megafunds’, circumscribed by binding allocation targets, will drive returns for savers
www.ft.com
georgewparker.bsky.social
New Big cuts to civil service on the way as part of the spending review squeeze (but only heading back towards where numbers were before Brexit and Covid)
www.ft.com/content/1311...
One in 10 UK civil service jobs facing axe
About 50,000 Whitehall posts set to be cut in ‘brutal’ public spending review, officials say
www.ft.com
georgewparker.bsky.social
New: Deal done. All the details. @andybounds.bsky.social and me. EU diplomats say Britain has agreed a 12-year extension of fisheries access to UK waters..but disappointed by wording on youth mobility. Big econ win for UK - unlimited agrifood trade deal
www.ft.com/content/78f1...
UK and EU agree post-Brexit reset after ‘breakthrough’ in talks
Deals reached on fisheries and agriculture in late-night haggling ahead of summit in London
www.ft.com
Reposted by George Parker
stephenkb.bsky.social
What you really want, when you want your opponents to stay divided, is to give a clear steer as to which one the main rival is. All that and more in this terrific read by @georgewparker.bsky.social:
Starmer sees Farage as ‘real opponent’ in new political landscape
UK prime minister has told allies that the Tories are heading for the ‘end of the road’
www.ft.com
georgewparker.bsky.social
New - latest on today's US/UK trade deal. Limited focus on most affected areas - cars and steel - but hopes in London that Britain might swerve future Trump tariffs on pharma. Cuts to UK tariffs on US goods, inc cars/meat expected. Details about 3pm
www.ft.com/content/8115...
Donald Trump to announce trade deal with UK
Limited agreement is expected to be focused on UK steel and car exports
www.ft.com
Reposted by George Parker
lucyfisher.ft.com
EXC: Pentagon wants UK military to focus more on Europe and less on Asia, in a major policy shift from Biden administration, which pushed European allies to boost Indo-Pac activity to send a strong signal to China

From Demetri Sevastopulo & me 👇

on.ft.com/4iTeDRi
US wants UK military to focus more on Europe and away from Asia
[FREE TO READ] Pentagon believes British should place more emphasis on their own region in policy shift from Biden administration
on.ft.com
Reposted by George Parker
pickardje.bsky.social
FT leak from imminent immigration white paper:

“Migrants in the UK would need to wait longer before they could apply to make their residency permanent under plans being drawn up by the Labour government as part of a crackdown on foreigners coming to work in Britain.”

www.ft.com/content/afa1...
UK set to limit permanent residency for some migrants
Labour seeks to show voters it is getting to grips with number of foreigners coming to work in Britain
www.ft.com
georgewparker.bsky.social
New - Keir Starmer's vaunted industrial strategy targets sky high industrial energy costs. “If we don’t deal with uncompetitive energy prices, it doesn’t really matter what else we do,” said one government official.
www.ft.com/content/7c49...
Industrial strategy aims to tackle UK’s sky-high energy costs
Shielding industry from inflated prices is centrepiece of next month’s announcement
www.ft.com
georgewparker.bsky.social
New - EU negotiations minister Nick Thomas-Symonds tells the FT a "smart, controlled" youth mobility scheme is on the table as part of a big package. “I don’t worry about selling something that we believe would make the UK more secure and more prosperous,” he said.
www.ft.com/content/d2d9...
UK looking at setting up youth mobility scheme with EU, minister says
Ahead of key summit, Nick Thomas-Symonds tells FT that a ‘smart’ programme would benefit young people
www.ft.com
georgewparker.bsky.social
New - Jamie Dimon boost for Reeves' new bid to talk up the economy: "They have reinforced their commitments to an open economy, strengthening of infrastructure and the stability of markets — all of which is good for investor confidence.”
www.ft.com/content/95ab...
JPMorgan chief Jamie Dimon backs Rachel Reeves’ ‘pro-growth agenda’
Comments from boss of biggest US bank come as UK chancellor seeks to ‘talk up’ economy
www.ft.com
georgewparker.bsky.social
“I asked if we could get a cherrypicker so I could fix the church roof here." Ed Davey on the trail, admitting some self-doubt about all the stunts. “It was outside of my comfort zone. I would come back in the evening and ask: “Are you sure this is right?”
www.ft.com/content/8089...
The battle for England’s southern shires
Lib Dems seek to repeat last year’s general election success and win scores of council seats in the Tory party’s heartland
www.ft.com
Reposted by George Parker
greenmirandahere.bsky.social
🌟 Latest FT Political Fix features a star turn re the bond markets from @katie0martin.ft.com as @georgewparker.bsky.social and I plus host @lucyfisher.ft.com hang on her every word www.ft.com/content/30ca... - plus a chat on Starmer's Q1 performance
Markets or Trump: who’s in charge?
Plus: a stocktake of the political year so far
www.ft.com