Tom Powdrill
@tompowdrill.bsky.social
Labour and Capital: stewardship, responsible investment, labour rights, unions, pensions, corporate governance, workforce engagement
quite an interesting piece. But my immediate reaction is that I’m afraid it’s more complicated than “I’m afraid it’s more complicated than that”.
I still think there’s a real failure to grapple with why ‘sensible’ policy is incomprehensible to many. Substack on it soon.
www.ft.com/content/ab84...
I still think there’s a real failure to grapple with why ‘sensible’ policy is incomprehensible to many. Substack on it soon.
www.ft.com/content/ab84...
November 13, 2025 at 11:47 AM
quite an interesting piece. But my immediate reaction is that I’m afraid it’s more complicated than “I’m afraid it’s more complicated than that”.
I still think there’s a real failure to grapple with why ‘sensible’ policy is incomprehensible to many. Substack on it soon.
www.ft.com/content/ab84...
I still think there’s a real failure to grapple with why ‘sensible’ policy is incomprehensible to many. Substack on it soon.
www.ft.com/content/ab84...
🤮🤮🤮
I think we’ve shifted from PASOKification to PIMCO-ification of ‘centre-left’ politics.
I think we’ve shifted from PASOKification to PIMCO-ification of ‘centre-left’ politics.
November 12, 2025 at 11:48 AM
🤮🤮🤮
I think we’ve shifted from PASOKification to PIMCO-ification of ‘centre-left’ politics.
I think we’ve shifted from PASOKification to PIMCO-ification of ‘centre-left’ politics.
Look at the ordering of concerns: markets > allies > the public
The current Labour leadership has outsourced its priorities to the ‘marktvolk’ that Wolfgang Streeck talked about
The current Labour leadership has outsourced its priorities to the ‘marktvolk’ that Wolfgang Streeck talked about
November 12, 2025 at 7:44 AM
Look at the ordering of concerns: markets > allies > the public
The current Labour leadership has outsourced its priorities to the ‘marktvolk’ that Wolfgang Streeck talked about
The current Labour leadership has outsourced its priorities to the ‘marktvolk’ that Wolfgang Streeck talked about
Anonymous comment from the Right Honourable Member for Blue Bay Asset Management
November 7, 2025 at 4:32 PM
Anonymous comment from the Right Honourable Member for Blue Bay Asset Management
Obviously different things, but if we’re in the business of saying it’s not progressive for UK punters to be paying debt to US hedge funds…
November 7, 2025 at 9:21 AM
Obviously different things, but if we’re in the business of saying it’s not progressive for UK punters to be paying debt to US hedge funds…
Huh, a UK unit of BlackRock has a short position in ITV. Shares up 15% this morning.
Also a reminder that this level of info won’t be available to ordinary mortals in future under the proposals now out for consultation.
It’s anti growth to be able to see it.
Also a reminder that this level of info won’t be available to ordinary mortals in future under the proposals now out for consultation.
It’s anti growth to be able to see it.
November 7, 2025 at 9:03 AM
Huh, a UK unit of BlackRock has a short position in ITV. Shares up 15% this morning.
Also a reminder that this level of info won’t be available to ordinary mortals in future under the proposals now out for consultation.
It’s anti growth to be able to see it.
Also a reminder that this level of info won’t be available to ordinary mortals in future under the proposals now out for consultation.
It’s anti growth to be able to see it.
November 5, 2025 at 7:53 AM
I honestly think they spend *too much* time thinking about this
October 31, 2025 at 7:54 AM
I honestly think they spend *too much* time thinking about this
All you need to do to get one past the government is work in finance and invoke economic growth
October 27, 2025 at 8:05 PM
All you need to do to get one past the government is work in finance and invoke economic growth
Another straw in the wind. Lib Dems win council seat off Labour despite support falling as Left vote deserts Labour - the independent here is Left.
Brum bin strike a factor here too
Brum bin strike a factor here too
October 24, 2025 at 5:31 AM
Another straw in the wind. Lib Dems win council seat off Labour despite support falling as Left vote deserts Labour - the independent here is Left.
Brum bin strike a factor here too
Brum bin strike a factor here too
Labour has just reversed the Conservative policy of maintaining a public register of high shareholder votes against executive pay (and other resolutions)
It’s not pro-growth to highlight opposition to executive pay presumably
questions-statements.parliament.uk/written-stat...
It’s not pro-growth to highlight opposition to executive pay presumably
questions-statements.parliament.uk/written-stat...
October 22, 2025 at 3:19 PM
Labour has just reversed the Conservative policy of maintaining a public register of high shareholder votes against executive pay (and other resolutions)
It’s not pro-growth to highlight opposition to executive pay presumably
questions-statements.parliament.uk/written-stat...
It’s not pro-growth to highlight opposition to executive pay presumably
questions-statements.parliament.uk/written-stat...
“unleash gas” sounds a bit farty
October 21, 2025 at 1:56 PM
“unleash gas” sounds a bit farty
October 16, 2025 at 6:59 AM
Right-wing policy wonk retweeting a union event to have a dig at Net Zero.
A straw in the wind
A straw in the wind
October 14, 2025 at 8:31 AM
Right-wing policy wonk retweeting a union event to have a dig at Net Zero.
A straw in the wind
A straw in the wind
Huh, this bit looks like it might be influenced by a Taxpayer’s Alliance briefing
October 9, 2025 at 4:13 PM
Huh, this bit looks like it might be influenced by a Taxpayer’s Alliance briefing
Elsewhere they say the Greens are also “Marxist” whilst the Lib Dems are “socialist” (as are Labour, SNP and Plaid). The Corbyn/Sultana mob has “Marxist ideologies but also Bolshevik tendencies”.
October 9, 2025 at 4:01 PM
Elsewhere they say the Greens are also “Marxist” whilst the Lib Dems are “socialist” (as are Labour, SNP and Plaid). The Corbyn/Sultana mob has “Marxist ideologies but also Bolshevik tendencies”.
This is, frankly, hilarious. The Resolution Foundation is “unapologetically Marxist”.
This is commentary from the Jupiter Merlin team’s Merlin Weekly Macro newsletter.
This is commentary from the Jupiter Merlin team’s Merlin Weekly Macro newsletter.
October 9, 2025 at 3:57 PM
This is, frankly, hilarious. The Resolution Foundation is “unapologetically Marxist”.
This is commentary from the Jupiter Merlin team’s Merlin Weekly Macro newsletter.
This is commentary from the Jupiter Merlin team’s Merlin Weekly Macro newsletter.
Some running nerdery. Strava and Garmin give me wildly different race predictions. Strava not bad (bit too generous at shorter distances) but Garmin is far too slow & bizarrely these have not changed even though it has recorded me running a lot faster.
October 9, 2025 at 6:31 AM
Some running nerdery. Strava and Garmin give me wildly different race predictions. Strava not bad (bit too generous at shorter distances) but Garmin is far too slow & bizarrely these have not changed even though it has recorded me running a lot faster.
This is quite an explicitly political piece for an asset manager to publish… (scroll past the war stuff)
www.jupiteram.com/uk/en/profes...
www.jupiteram.com/uk/en/profes...
October 8, 2025 at 4:24 PM
This is quite an explicitly political piece for an asset manager to publish… (scroll past the war stuff)
www.jupiteram.com/uk/en/profes...
www.jupiteram.com/uk/en/profes...
