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Prof. John Clancy @johnmclancy.bsky.social · 21/09/2026

Britain’s automotive supply chain doesn’t need to die. It needs a new mission. Blog by @dgbailey.bsky.social blogsfromtheblackstuff.com/bftbautoblog... "Reverse conversion: deliberate mobilisation &reorientation of established civilian industrial capabilities towards defence &dual-use production."

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Prof. John Clancy @johnmclancy.bsky.social · 07/09/2026

JLR Job Cuts: Britain’s Car Industry Is Running on Empty @dgbailey.bsky.social's blog today t.co/Xo2VzyF6x0 ‘The govt should treat the current situation as a strategic industrial emergency. Get industrial energy costs down. Give manufacturers a more realistic &flexible route through EV transition..'

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Prof. John Clancy @johnmclancy.bsky.social · 12/07/2026

Very sad to hear that Dermot Murnaghan has passed away. A brilliant journalist. And although he could be highly effective in challenging politicians, sometimes he gave time to politicians to explain in detail. I had 6 minutes with him almost 10 years ago. Here’s a 90 secs snippet of it.

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Prof. John Clancy @johnmclancy.bsky.social · 10/07/2026

**BREAKING**EXCLUSIVE** 97 UK Local Govt pension Funds' Assets pass **£0.5 TRILLION** at £517B. Extracted &aggregated from just-published Councils’ Accounts. Mgt.Expenses deducted reach scandalous £2.7B! Including £2.3B to investment managers. Standardised Funding Surplus now estimated at £200B+

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Prof. John Clancy @johnmclancy.bsky.social · 12/06/2026

Burnham's backyard blunder? The Scandal Nobody Noticed: £10.4B surplus in the Greater Manchester Pension Fund, starved from GM Economy. blogsfromtheblackstuff.com/bftbblog2606... Time for Action, Man. Get the money back to GM &get Makerfield its £420m. Questions for @andyburnham.bsky.social

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Prof. John Clancy @johnmclancy.bsky.social · 02/04/2026

RBKC SINKS DHCLG How spectacular, but entirely correct, decision by Local Government Pension Fund for 0% employer contributions til 2029 will cascade &repeat across UK LGPS; releasing tens of £bns of delayed public spending. @dgbailey.bsky.social &my blog blogsfromtheblackstuff.com/bftbblog2604...

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Prof. John Clancy @johnmclancy.bsky.social · 22/01/2026

Stairway to Scandal: how West Midlands Pension fund gradually top-sliced £1.1 billion from its asset base to pay Managers’ Expenses. It’s taxpayers’ money. Today’s blog with @dgbailey.bsky.social

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Prof. John Clancy @johnmclancy.bsky.social · 03/01/2026

EXCLUSIVE BREAKING NEWS - WMPF insider spills the beans to BFTB: WMidlands Pension Fund Chaos as SURPLUS hits £11BILLION! blogsfromtheblackstuff.com//bftbblog260... It’s 200% funded. Apparently broke Birmingham Council has £2.5B pension surplus. Open Warfare at WMPF. FCA Tory WMPF Cllr tells all.

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Prof. John Clancy @johnmclancy.bsky.social · 26/12/2025

'Embarrassment of riches' © @tobyn.bsky.social, laid bare in Birmingham - huge leaps in LGPS Valuation discount rates reported to pension funds ctees across LGPS in last few weeks. Scandalous, nightmarish miscalculations last time round come home to roost blogsfromtheblackstuff.com/bftbblog2512...

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Prof. John Clancy @johnmclancy.bsky.social · 26/12/2025

ICYMI @dgbailey.bsky.social & my Chrismas Eve blog: blogsfromtheblackstuff.com/bftbblog2512... £1.9 Billion wake-up call for Birmingham. If it acts quickly& responds correctly, it can get £400 million back of its £1.9B Pension Fund surplus and into its revenues over next 3 years. The rest from 2029+

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Prof. John Clancy @johnmclancy.bsky.social · 20/11/2025

*BREAKING* We reveal total paid out in mgt expenses to 97 UK Local Gvt Pension funds last yr was record-high of *£2.7Billion*. blogsfromtheblackstuff.com/bftbblog251120 £2.4B in investment fees for pathetic 3.3% return. Paid for mainly through council tax. How much did your local fund shell out?

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Prof. John Clancy @johnmclancy.bsky.social · 10/11/2025

@theguardian.com @guardianheather.bsky.social Yday's blog showing how Chancellor highly likely has £10B more fiscal headroom than she, OBR&Treasury realise, from the 97 UK Local Govt. Pension Funds' current snail's pace (re)valuations - if she acts fast! blogsfromtheblackstuff.com/bftbblog2511...

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Prof. John Clancy @johnmclancy.bsky.social · 10/11/2025

@newstatesman1913.bsky.social Yday's blog showing how Chancellor highly likely has at least £10B more fiscal headroom than she realises, or OBR&Treasury realise, from the 97 UK Local Govt. Pension Funds' current snail's pace valuations - if she acts fast! blogsfromtheblackstuff.com/bftbblog2511...

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Prof. John Clancy @johnmclancy.bsky.social · 10/11/2025

Yesterday's blog showing how the Chancellor highly likely has at least £10B more fiscal headroom than she realises, or OBR&Treasury realise, from the 97 UK Local Govt. Pension Funds' current snail's pace (re)valuations - if she acts fast! blogsfromtheblackstuff.com/bftbblog2511...

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Prof. John Clancy @johnmclancy.bsky.social · 09/11/2025

Councils &employers in the LGPS will see £10B windfall if 97 UK Local Govt Pension Funds get their sums right. Just because snail’s-pace 3yr valuations still ongoing doesn’t mean OBR &Treasury shouldn’t project now probable headroom outcome for Chancellor! blogsfromtheblackstuff.com/bftbblog251109

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Prof. John Clancy @johnmclancy.bsky.social · 24/10/2025

UK LGPS Assets now stand at £476Billion. blogsfromtheblackstuff.com/bftbblog251024 Our updated blog following DHCLG's publication of official statistics for England &Wales. 5th biggest pension fund in the world &9th biggest sov.asset fund in the world. We projected £475B 10 days ago. Pretty close!

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Prof. John Clancy @johnmclancy.bsky.social · 14/10/2025

@guardianheather.bsky.social blogsfromtheblackstuff.com/bftbblog2510... EXCLUSIVE: UK's 97 Local Government Pension Funds' assets combined now worth *£475 Billion*. Each fund's autumn 2025 annual report output collated &combined, first for Assets Under Investment. Now the 5th biggest global fund.

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Prof. John Clancy @johnmclancy.bsky.social · 14/10/2025

EXCLUSIVE: The UK's 97 Local Government Pension Funds' assets combined now worth *£475 Billion*. Each fund's autumn 2025 annual report output collated and combined, first for Assets Under Investment here: blogsfromtheblackstuff.com/bftbblog251014

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Prof. John Clancy @johnmclancy.bsky.social · 23/09/2025

Back to school scandal: £1Billion (&likely £1.6B) of West Midlands schools' spending absorbed instead into £4.3B surplus of £21B West Midlands Pension Fund. £450m from FE Colleges&Unis, too. £183M from Police&Fire @dgbailey.bsky.social ‘s &my blog explains: blogsfromtheblackstuff.com/bftbblog250910…

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Prof. John Clancy @johnmclancy.bsky.social · 03/02/2025

@stevewebb1.bsky.social Excellent analysis from your LCP colleague Tim Gilbert this morning in the FT. LCP should be listened to. t.co/oV5Dj828R6

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Prof. John Clancy @johnmclancy.bsky.social · 03/02/2025

BREAKING NEWS: FT reports England’s councils to HALVE Employers’ contributions each year over next 3 yrs. That’s £60M credited back to Birmingham each yr. Likely much more as Birmingham overpaying by so much more. Expedited recertification &credit NOW &pause Birmingham Council cuts now til done.

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