Tom Randall
@tomrandall.bsky.social
Political comms officer in the UK | Escaped teacher | Former pro Econ memer | Hampshire & Cornwall | #Politics #Science #EconSky | Not the former MP for Gedling.
Posts do not represent the views of my employer.
Posts do not represent the views of my employer.
If you're broadly on the left of centre of politics and someone asks you to name three economists you listen to, you should probably mention any of - @kateraworth.bsky.social, @mazzucatom.bsky.social, @stephaniekelton.bsky.social, @isabellamweber.bsky.social, @claudia-sahm.bsky.social.
December 3, 2025 at 6:42 PM
If you're broadly on the left of centre of politics and someone asks you to name three economists you listen to, you should probably mention any of - @kateraworth.bsky.social, @mazzucatom.bsky.social, @stephaniekelton.bsky.social, @isabellamweber.bsky.social, @claudia-sahm.bsky.social.
I'm wondering how these numbers change if the question was "Should donations to political parties using cryptocurrencies (the kind of bullshit people like Elon Musk like) be banned in the UK?"
With the government proposing to ban donations to political parties using cryptocurrencies, would Britons support such a ban?
Support: 36%
Oppose: 29%
Don't know: 36%
yougov.co.uk/topics/polit...
Support: 36%
Oppose: 29%
Don't know: 36%
yougov.co.uk/topics/polit...
December 3, 2025 at 6:21 PM
I'm wondering how these numbers change if the question was "Should donations to political parties using cryptocurrencies (the kind of bullshit people like Elon Musk like) be banned in the UK?"
Reposted by Tom Randall
I think this is an important next step in our discussions of inflation: It makes a difference *which* prices are rising.
Why there never was a Vibecession in one chart.
It’s always been about the prices of essentials.
It’s always been about the prices of essentials.
December 2, 2025 at 12:11 PM
I think this is an important next step in our discussions of inflation: It makes a difference *which* prices are rising.
"Government borrowing" is a mechanism intended to induce a temporal shift in inflationary pressure. By issuing a bond - potential buyers are incentivised to refrain from spending into the economy in the present in return for a larger sum to spend later...
December 2, 2025 at 5:28 PM
"Government borrowing" is a mechanism intended to induce a temporal shift in inflationary pressure. By issuing a bond - potential buyers are incentivised to refrain from spending into the economy in the present in return for a larger sum to spend later...
"ok you got me, i did mislead. The economy is actually fantastic under my leadership. I'm now announcing an extra £20bn in spending to compensate for my error in underestimating how good the economy became this year because of me". Is that what they want Reeves to say?
December 1, 2025 at 11:28 PM
"ok you got me, i did mislead. The economy is actually fantastic under my leadership. I'm now announcing an extra £20bn in spending to compensate for my error in underestimating how good the economy became this year because of me". Is that what they want Reeves to say?
Latest three Newscasts have been full coverage of insane contradictory right-wing attacks on the Chancellor. What are we doing here?
December 1, 2025 at 8:47 PM
Latest three Newscasts have been full coverage of insane contradictory right-wing attacks on the Chancellor. What are we doing here?
Looking forward to the Your Party DLC for Political Conference Simulator 2025.
November 30, 2025 at 5:49 PM
Looking forward to the Your Party DLC for Political Conference Simulator 2025.
"Super rich business wanker says - eughh that's not very good is it, i don't like that, eughh!!" - is at least half of UK journalism about anything the government does.
November 28, 2025 at 11:32 PM
"Super rich business wanker says - eughh that's not very good is it, i don't like that, eughh!!" - is at least half of UK journalism about anything the government does.
The market loves it when the Chancellor taxes landlords and gambling. Rachel, do more, the market demands it.
U.K 30 YEAR GILT YIELD DOWN 9.8 BPS TO 5.23%, IN BIGGEST ONE DAY FALL SINCE APRIL
November 26, 2025 at 6:08 PM
The market loves it when the Chancellor taxes landlords and gambling. Rachel, do more, the market demands it.
I wish it were possible to accurately explain the National Debt using custard creams in a manner as clear and simple as this. It's unfortunately a lot easier to do this kind of stuff if truth and accuracy are of minimal concern.
Labour MP Goes Viral After Using Custard Creams To Explain The UK's Ballooning Debt
www.huffingtonpost.co.uk/entry/labour...
www.huffingtonpost.co.uk/entry/labour...
Labour MP Goes Viral After Using Custard Creams To Explain The UK's Ballooning Debt
Gordon McKee used chocolate bourbons, too.
www.huffingtonpost.co.uk
November 25, 2025 at 5:49 PM
I wish it were possible to accurately explain the National Debt using custard creams in a manner as clear and simple as this. It's unfortunately a lot easier to do this kind of stuff if truth and accuracy are of minimal concern.
Shit, now I'm going to have to find a new favourite grape variety.
Italy (Veneto): Alberto Stefani (LEGA-PfE) wins the election with 64% of the vote against Giovanni Manildo (PD-S&D) .
The right-wing alliance (PfE|EPP|ECR) retains the presidency of the region.
➤ europeelects.eu/italy
#Veneto #Regionali2025
The right-wing alliance (PfE|EPP|ECR) retains the presidency of the region.
➤ europeelects.eu/italy
#Veneto #Regionali2025
November 24, 2025 at 11:13 PM
Shit, now I'm going to have to find a new favourite grape variety.
A rail fare should be capped at - no more than 1/4 the fuel price of an average medium sized petrol car travelling the same number of miles as the train journey.
November 23, 2025 at 12:44 PM
A rail fare should be capped at - no more than 1/4 the fuel price of an average medium sized petrol car travelling the same number of miles as the train journey.
"As for financing... any remaining deficit will be covered by the issuance of additional government bonds..."
November 21, 2025 at 2:11 PM
"As for financing... any remaining deficit will be covered by the issuance of additional government bonds..."
"If the bond market reacts very badly … the government will have to react if bond yields start to go up too much"
.. if only there was a way for the government to control the curves on these yields...
www.theguardian.com/uk-news/2025...
.. if only there was a way for the government to control the curves on these yields...
www.theguardian.com/uk-news/2025...
Bond markets could force Rachel Reeves ‘to do a secondary budget’, City investor warns
David Zahn of Franklin Templeton said bond yields could rise in response to chancellor’s fiscal plans and government would have to react
www.theguardian.com
November 18, 2025 at 5:53 PM
"If the bond market reacts very badly … the government will have to react if bond yields start to go up too much"
.. if only there was a way for the government to control the curves on these yields...
www.theguardian.com/uk-news/2025...
.. if only there was a way for the government to control the curves on these yields...
www.theguardian.com/uk-news/2025...
How central banks control inflation 101
everyone hates rush hour but nobody is doing the important work of staying unemployed to lighten traffic
November 17, 2025 at 12:43 PM
How central banks control inflation 101
There's this unhelpful belief in British politics and media that central bank independence means - beyond criticism. You can believe in Bailey's independence but still point out his shitty performance.
Bloomberg’s reporting on Starmer-Reeves Budget takes a drive-by swipe at BoE mid-flow
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
November 15, 2025 at 5:21 PM
There's this unhelpful belief in British politics and media that central bank independence means - beyond criticism. You can believe in Bailey's independence but still point out his shitty performance.
Reposted by Tom Randall
NEW: The first two years of Massachusetts' millionaire tax has raised $3 billion more than expected.
And rather than driving the rich away, IPS researchers found that the number of millionaires has *increased.*
Tax the rich. Greg Ryan in @bloomberg.com:
And rather than driving the rich away, IPS researchers found that the number of millionaires has *increased.*
Tax the rich. Greg Ryan in @bloomberg.com:
Millionaire Tax That Inspired Mamdani Fuels $5.7 Billion Haul in Massachusetts
A millionaire levy in Massachusetts that New York City mayoral frontrunner Zohran Mamdani holds up as a model for taxing the rich has generated $3 billion more in revenue than expected without forcing...
www.bloomberg.com
November 12, 2025 at 4:01 PM
NEW: The first two years of Massachusetts' millionaire tax has raised $3 billion more than expected.
And rather than driving the rich away, IPS researchers found that the number of millionaires has *increased.*
Tax the rich. Greg Ryan in @bloomberg.com:
And rather than driving the rich away, IPS researchers found that the number of millionaires has *increased.*
Tax the rich. Greg Ryan in @bloomberg.com:
Do it.
Would you support or oppose increasing the rate of council tax paid on second homes?
Support: 64%
Oppose: 22%
Net support by 2024 vote
Lab: +67
Lib Dem: +64
Con: +26
Reform: +11
yougov.co.uk/topics/polit...
Support: 64%
Oppose: 22%
Net support by 2024 vote
Lab: +67
Lib Dem: +64
Con: +26
Reform: +11
yougov.co.uk/topics/polit...
November 12, 2025 at 5:27 PM
Do it.
Another reason high interest rates as an inflation reduction tool suck. If the intended outcomes actually take place, it'll be reported as a failure. www.bbc.co.uk/news/article...
UK unemployment rate rises to 5% as jobs market weakens
Latest official data ahead of the Budget later this month shows it is the highest rate since 2021.
www.bbc.co.uk
November 11, 2025 at 9:44 AM
Another reason high interest rates as an inflation reduction tool suck. If the intended outcomes actually take place, it'll be reported as a failure. www.bbc.co.uk/news/article...
That big spike for the Tories is back when govt econ policy was to pay everyone to not go to work and give them discounted meals out. Sometimes you gotta just do some shit and deal with the consequences later.
After Liz Truss's mini-budget, just 15 per cent of people felt the Tories were the best party at handling the economy
Today, the equivalent figure for Labour is 12 per cent
www.thetimes.com/article/470f...
Today, the equivalent figure for Labour is 12 per cent
www.thetimes.com/article/470f...
November 9, 2025 at 3:54 PM
That big spike for the Tories is back when govt econ policy was to pay everyone to not go to work and give them discounted meals out. Sometimes you gotta just do some shit and deal with the consequences later.
British elections until 2029:
Only Plaid can stop Reform here,
Only the Lib Dems can stop Your party here,
Only the Greens can stop Labour here,
Only the Tories can...
Only Plaid can stop Reform here,
Only the Lib Dems can stop Your party here,
Only the Greens can stop Labour here,
Only the Tories can...
October 24, 2025 at 9:07 PM
British elections until 2029:
Only Plaid can stop Reform here,
Only the Lib Dems can stop Your party here,
Only the Greens can stop Labour here,
Only the Tories can...
Only Plaid can stop Reform here,
Only the Lib Dems can stop Your party here,
Only the Greens can stop Labour here,
Only the Tories can...
I thought at some point we were going to have to do War of 1812 II to America but then Trump comes along and just Self-War of 1812 IIs America for us.
New satellite images show the scale of demolition that has occurred on the East Wing of the White House in less than a month.
October 23, 2025 at 8:25 PM
I thought at some point we were going to have to do War of 1812 II to America but then Trump comes along and just Self-War of 1812 IIs America for us.
Rich people can't create or destroy £s. If they want to leave and invest elsewhere they'd have to sell their £s to those who do want to invest here.
Opponents of wealth taxes say that they would end up reducing tax revenue as the super-rich would leave the UK
1) Most Britons don't agree: 2024 YouGov polling found 57% believe you would raise rather than lose money by increasing taxes on the super rich
yougov.co.uk/politics/art...
1) Most Britons don't agree: 2024 YouGov polling found 57% believe you would raise rather than lose money by increasing taxes on the super rich
yougov.co.uk/politics/art...
October 23, 2025 at 12:28 PM
Rich people can't create or destroy £s. If they want to leave and invest elsewhere they'd have to sell their £s to those who do want to invest here.
Reposted by Tom Randall
WELL HOW ABOUT THAT
"A millionaire levy in Massachusetts has generated $3 billion more in revenue than expected without forcing significant high-profile departures from the state."
www.bloomberg.com/news/article...
"A millionaire levy in Massachusetts has generated $3 billion more in revenue than expected without forcing significant high-profile departures from the state."
www.bloomberg.com/news/article...
Millionaire Tax That Inspired Mamdani Fuels $5.7 Billion Haul in Massachusetts
A millionaire levy in Massachusetts that New York City mayoral frontrunner Zohran Mamdani holds up as a model for taxing the rich has generated $3 billion more in revenue than expected without forcing...
www.bloomberg.com
October 21, 2025 at 3:22 PM
WELL HOW ABOUT THAT
"A millionaire levy in Massachusetts has generated $3 billion more in revenue than expected without forcing significant high-profile departures from the state."
www.bloomberg.com/news/article...
"A millionaire levy in Massachusetts has generated $3 billion more in revenue than expected without forcing significant high-profile departures from the state."
www.bloomberg.com/news/article...
Reposted by Tom Randall
Feels like this will be a useful meme for the next few years
October 15, 2025 at 8:03 PM
Feels like this will be a useful meme for the next few years