Peter Foster
@pmdfoster.bsky.social
44K followers 1.7K following 310 posts
Brighton-dwelling World Trade Editor at the Financial Times https://www.ft.com/peter-foster Sometime Brexit nerd & author of 'What Went Wrong with Brexit' https://t.co/VsIipD7JBr
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pmdfoster.bsky.social
Brilliant. So clear on the real agenda, which is “othering”. Creating a virtual ghetto (sic) which blurs the lines between illegal migrants, asylum seekers and millions with ILR, who are contributors to society, with their skills (NHS/care often), their labour and (lest we forget) their taxes.
Reposted by Peter Foster
mrjamesob.bsky.social
Lords Heseltine & Kinnock seem more alive to these self-evident truths than most members of the Commons. Similarly, I find thinkers with direct lived experience of far right dictatorship, Greeks of a certain age for example, crystal clear about what’s happening now.
bbcnewsnight.bsky.social
“You described Reform and other parties across Europe today as among the 'right wing equivalents of the fascists in the 1930s'. Why?”

“Because that’s what they are”

@vicderbyshire.bsky.social asks Lord Heseltine about remarks he made at Conservative Party Conference.

#Newsnight
pmdfoster.bsky.social
AI pushers talk about it "augmenting" capacity, but that ignores human nature. Why walk or bike, when you can drive? It's easier, so most of us do, but you get fat & lazy. AI will do the same to a lot of people's brains, I fear. Via @financialtimes.com piece on AI habits
ig.ft.com/ai-personal-...
Reposted by Peter Foster
pmdfoster.bsky.social
Brutal BBC piece on how fast Switzerland’s glaciers are melting.

Drill baby drill. 🎶🎵

www.bbc.co.uk/news/article...
pmdfoster.bsky.social
Magnificent peroration to Simon Schama’s @financialtimes.com weekend essay on defending freedom of speech in the era of Trump - with help from Milton, Jefferson et al.

on.ft.com/4gSqvDw Simon Schama: What America’s Founders can teach Trump about liberty
pmdfoster.bsky.social
Living. Working. Paying taxes. Contributing. This is a desperately poor editorial.
jdportes.bsky.social
The Times finds it "unacceptable" that people who came here legally in 2021 and have been living and working here since should allowed to stay.

The sad decline of a once great newspaper into ignorant xenophobia and casual racism

archive.ph/TFZY9
There is a more pressing issue. Ministers must ensure that the vast numbers of immigrants who arrived in the so-called Boriswave of 2020-21 are not automatically absorbed into the permanent population. They are about to cross the the five-year threshold into ILR, yet Labour continues to dither. Ms Mahmood must freeze the status of this huge cohort while a new residency regime is finalised. A million or more extra permanent residents in these islands, let in on the nod, is simply unacceptable. Finally, the home secretary must acquaint herself, and the public, with an accurate estimate of the actual number of foreign nationals living here, what taxes they pay and what services they consume. Without hard data, all the political parties are fumbling around in the dark.
Reposted by Peter Foster
jdportes.bsky.social
The Times finds it "unacceptable" that people who came here legally in 2021 and have been living and working here since should allowed to stay.

The sad decline of a once great newspaper into ignorant xenophobia and casual racism

archive.ph/TFZY9
There is a more pressing issue. Ministers must ensure that the vast numbers of immigrants who arrived in the so-called Boriswave of 2020-21 are not automatically absorbed into the permanent population. They are about to cross the the five-year threshold into ILR, yet Labour continues to dither. Ms Mahmood must freeze the status of this huge cohort while a new residency regime is finalised. A million or more extra permanent residents in these islands, let in on the nod, is simply unacceptable. Finally, the home secretary must acquaint herself, and the public, with an accurate estimate of the actual number of foreign nationals living here, what taxes they pay and what services they consume. Without hard data, all the political parties are fumbling around in the dark.
pmdfoster.bsky.social
Brutal new MRP poll out today showing Reform at 311 and Labour support collapsing.

Worth reading steaming @financialtimes.com column on Starmer by @robertshrimsley.bsky.social

“Starmer can’t afford to wait for reckless Reform to implode”

on.ft.com/3VxxCaR
Reposted by Peter Foster
paullomax.co.uk
I use this graph a lot.
This chart shows the history of left-handedness in the United States, plotting the percentage of left-handed people by year of birth from 1880 to 2000. The rate begins around 5% in 1880, dips to about 3% by 1900, then rises steadily through the early 20th century. By around 1950, it levels off at about 11–12%, where it remains through 2000. A speech bubble on the chart humorously states, “Left-handedness is over diagnosed,” pointing to the sharp rise during the mid-20th century. The trend reflects how left-handedness was suppressed in earlier generations but became more accepted over time.
Reposted by Peter Foster
jdportes.bsky.social
I see the CPS is desperately trying to repair the damage.

The claim that their clear errors were down to "changes in definitions" is a lie. Journalists should treat any new estimates with appropriate scepticism.

archive.ph/JSo7O#select...
Using the OBR data, the CPS attempted to put a figure on what this could mean for the fiscal cost to Britain of 801,000 migrants being granted ILR. Erring on the side of caution, it estimated the net cost at around £234bn to the UK – a figure cited by Mr Farage.
However, the CPS said that changes in some of the definitions meant that these cost estimates should no longer be used – although its estimate of 800,000 being granted ILR remained intact.
The think tank will now publish an updated estimate, which is still expected to reveal a significant net cost of tens if not hundreds of billions of pounds to the economy. Newly published Home Office figures bear out the argument.
pmdfoster.bsky.social
The data is in -- tourism to US dropped after Trump came in, while tourism recovered in rest of world...foreign arrivals at American airports down 3.8% compared with 2024, or 1.3m fewer people. With more Americans going the other way. See charts via @economist.com

www.economist.com/graphic-deta...
pmdfoster.bsky.social
To even allow the appearance of this — Starmer’s No 10 adopting Trumpian media management policies — seems extraordinary to me. Very depressing.
pmdfoster.bsky.social
Ambassador Matthew Wilson of Barbados pushes back on idea US can be browbeaten back to WTO bodies like currently moribund Appellate Body.

“We need to figure out what we are going to put before the US: what are the key elements that would be good not only for the US, but good for the system?”
pmdfoster.bsky.social
Passion from WTO founder James Bacchus at @wto.org panel on “The WTO without the United States?”

“I have a message for 165 of the 166 members of the WTO: ‘stop letting the United States of America push you around. Stand up for your rights under the WTO treaty’. …’use it or lose it’”

Cue applause.
pmdfoster.bsky.social
on.ft.com/4nhvSyM NEW: Trump tariffs on EU medical devices will drive up US patient bills, industry claims

…with a very testy White House response, which usually means they’re worried about it.

Me and @judewebber.bsky.social for @financialtimes.com
pmdfoster.bsky.social
Chilling. The irony really doesn’t escape them.
pmdfoster.bsky.social
Spending a couple of days at the @wto.org in Geneva taking the pulse at the annual Public Forum — the “Woodstock of world trade” as one rather enthusiastic participant put it.

Lots of jokes about whether WTO even has a pulse these days.

Might be on life support, but not dead quite yet…
pmdfoster.bsky.social
Tariff exemptions to follow? 😏
Reposted by Peter Foster
davidheniguk.bsky.social
Even Trump has had to walk back on this a bit, but the wider point as we've seen before is that raising barriers harms investment because companies need access to imports and skills. There's no new economic paradigm being created in the US.
cwebbonline.com
Something folks are missing here: this raid wasn’t about “illegals taking American jobs.” It was about ICE storming the Hyundai–LG battery plant in Georgia, part of a $7.6B Metaplant project that isn’t even operational yet.
🧵
pmdfoster.bsky.social
The data that shows the internet removes guardrails and fuels populism — it’s either the unfiltered “will of the people” or digital mob rule. Take your pick.

Grabs from @jburnmurdoch.ft.com piece here:

on.ft.com/45WUaGw The end of the gatekeepers
Reposted by Peter Foster
nickhartleygreen.bsky.social
What stood out to me from Richard Tice’s interview on #BBCR4Today was his praise of the economic policies of… George Osborne.

I wonder if that stood out for @nadinedorries.bsky.social too?