Reposted by Patrick SmithBloomberg News @bloomberg.com · 4hBMW plans to use AI to help eliminate a fifth of management roles, with around 8,000 positions set to go by next year. bloom.bg/4rH5MIq 📷: Sean Gallup / Getty Images 81914
Patrick Smith @psmithjournalist.bsky.social · 4hQuite something to defend while arguing immigration and benefit culture are costing taxpayers money 000
Reposted by Patrick SmithBloomberg News @bloomberg.com · 4hA flight from Dubai to Tel Aviv narrowly avoided catastrophe after one of the pilots tried to stab his colleague, forcing the plane into a steep plunge and an emergency landing in Saudi Arabia. Get the latest: bloom.bg/4jwpPHd 📷: AP Photo 3145
Reposted by Patrick SmithNed Resnikoff @resnikoff.bsky.social · 22hI think about this interview with the distinguished philosopher Conan O'Brien a lot. I actually think this is a healthy way to live your life! www.nytimes.com/2019/01/14/a... 111503310
Reposted by Patrick SmithRachel Cunliffe @rmcunliffe.bsky.social · 5hThis is your semi-regular reminder that pensioner poverty: a) is real b) is significantly less prevalent than working-age poverty and half the rate of child poverty, and c) is such that a pensioner is statistically more likely to live in a household worth over £1 million than to live in poverty 712733
Reposted by Patrick SmithGaby Hinsliff @gabyhinsliff.bsky.social · 7hsuch a good eg of why political argument matters - polling previously showed over 60% support for keeping triple lock. Argue to unlock it *for something people also want* & numbers can change. (Obv can change back again if someone makes a good argument against, but either way, politics=argument) 1722956
Patrick Smith @psmithjournalist.bsky.social · 9hTories campaigning on behalf of benefit recipients 121
Patrick Smith @psmithjournalist.bsky.social · 9hExactly this -- PM openly speculating about ending Brexit, the dominant narrative of UK politics for a generation and the reaction is ... 🤷 030
Patrick Smith @psmithjournalist.bsky.social · 9hVery true and I thought this reading Dan Simmons' Hyperion 010
Reposted by Patrick SmithChris Grey @chrisgrey.bsky.social · 29/09/2026Important development in clearly stating Brexit was harmful & reset isn't a solution. But (unlike ER commission) no obvious process for how "we can find consensus". And on what? The options (again)? Or which to pursue? Still, definitely pitchrolling for something beyond 'make Brexit work'. 811436
Patrick Smith @psmithjournalist.bsky.social · 10hBurnham Says Britain Could Rejoin the EU After Next Election www.bloomberg.com/news/article...bloomberg.comBurnham Says Britain Could Rejoin the EU After Next ElectionPrime Minister Andy Burnham said he could campaign to take Britain back into the European Union at the next general election, reopening the country’s debate on its relationship with the continent a de... 100
Patrick Smith @psmithjournalist.bsky.social · 10hMe facing the prospect of another 10 years of Brexit air war 000
Patrick Smith @psmithjournalist.bsky.social · 29/09/2026I wondered this - so many twists and turns left before 2030. Half of Burnham's inherited fiscal headroom is now gone just because of the increased cost of borrowing. 010
Patrick Smith @psmithjournalist.bsky.social · 29/09/2026UK public service broadcasting proposed exactly this kind of collaboration in 2009 with Project Kangaroo, an open source platform to promote free / ad-funded / paid-for digital content. The but the Competition Commission stopped it amid huge private sector opposition. Huge missed opportunity. 010
Reposted by Patrick SmithJoël Reland @jreland.bsky.social · 29/09/2026What's that Andy? You want to look at the different options for the UK's relationship with the EU? If only someone had set them out already... ukandeu.ac.uk/introducing-... 59841
Patrick Smith @psmithjournalist.bsky.social · 29/09/2026Wow he's done it on pensions triple lock. Will go by 2030, replaced by what sounds like a double lock (earnings or 2.5%) 120
Patrick Smith @psmithjournalist.bsky.social · 29/09/2026Burnham no tie but keeps his jacket. He should take it off, or he won't feel the benefit when he goes out. 020
Reposted by Patrick SmithMatthew Holehouse @matthewholehouse.bsky.social · 29/09/2026fascinating 5239
Patrick Smith @psmithjournalist.bsky.social · 29/09/2026The proposition that pension reform is political suicide needs road-testing with actual voters across the spectrum imho. Polling / recent elections suggest there is a progressive centre-ish bloc of working age people which might be willing to hear the arguments on this. 122
Reposted by Patrick SmithLee @justlee.bsky.social · 29/09/2026Reminds me of one of my favourite cartoons. Any excuse to repost. 12315
Reposted by Patrick SmithDavid Higham @oldtrotter.bsky.social · 29/09/2026Ending the triple lock isn’t the same as cutting pensions. Thatcher linked the state pension to inflation rather than earnings growth with the result that the value of pensions fell relative to earnings. The triple lock was designed to reverse than trend. It’s done its job. Restore the earnings link 1611325
Reposted by Patrick SmithDavid Higham @oldtrotter.bsky.social · 29/09/2026As a matter of logic you cannot be “hard working” if you rely on the state pension. I hope ministers will keep (start?) explaining that the state pension isn’t paid out of an investment fund but by the contributions of those currently working. 3118334
Patrick Smith @psmithjournalist.bsky.social · 29/09/2026The historical background to anything Burnham might (or might not) announce today. UK still hasn't recovered from the debt burden of the 2008 financial crisis. Cost of borrowing means he might have to act decisively just to stand still on public finances. www.bloomberg.com/news/article... 120
Patrick Smith @psmithjournalist.bsky.social · 29/09/2026There is an element of the AI safety panic that reminds me of the hype around the Millennium Bug. Not to dismiss the risks, which may well be rooted in reality, but there is a similar feeling of existential tech dread. 120
Patrick Smith @psmithjournalist.bsky.social · 29/09/2026Yes it's a bit like with MAGA. When exactly did we have hope?? You're talking about British people, who expect the worst. 110
Patrick Smith @psmithjournalist.bsky.social · 28/09/2026"Quiet patriotism" in John Healey's speech a mild echo of "quiet bat people." 111
Patrick Smith @psmithjournalist.bsky.social · 28/09/2026“My husband got sold the dream of getting on the property ladder,” Dean said. “If he had put that money into the stock market, it would have been a much better result.” In a nutshell, the problem with UK housing. An investment first, a home second.ft.comHome - Financial TimesNews, analysis and opinion from the Financial Times on the latest in markets, economics and politics 3549
Reposted by Patrick Smith@Julianshea.bsky.social @julianshea.bsky.social · 28/09/2026114 of them. 011
Patrick Smith @psmithjournalist.bsky.social · 28/09/2026I mourn the loss of BuzzFeed News not least because of the great journalism, but because I want a comprehensive roundup of the best Man City memes. 120
Reposted by Patrick SmithBloomberg News @bloomberg.com · 25/09/2026Manchester City has been found guilty of nearly all 115 charges for breaking Premier League rules, in a seismic ruling that could be a massive hit to one of the world’s top football clubs. Read more: bloom.bg/4xOzMU2 📷: Naomi Baker/Getty Images 2259
Patrick Smith @psmithjournalist.bsky.social · 25/09/2026Man City guilty of virtually all the financial regulation charges against it, reports the Athletic. www.nytimes.com/athletic/704...nytimes.comManchester City found guilty on almost all Premier League charges 040
Reposted by Patrick SmithCarl Quintanilla @carlquintanilla.bsky.social · 25/09/2026“.. a surreal week in the life of Washington. The president of the United States barred American reporters .. and rolled out a literal red carpet for the communist president of China ..” @nytimes.com www.nytimes.com/2026/09/24/u... 931939688
Patrick Smith @psmithjournalist.bsky.social · 25/09/2026When you get your terminal windows to line up perfectly #justlittlethings #bloomberglife 010
Patrick Smith @psmithjournalist.bsky.social · 25/09/2026The US college fraternity / sorority scene feels so alien to me. This fascinating piece spells out how it's also big business -- parents paying $6k on *coaching* to get their daughter into a famous one in Mississippi. www.bloomberg.com/news/article...bloomberg.com 000
Patrick Smith @psmithjournalist.bsky.social · 25/09/2026I won't tag him because, just no, but I'm finally reading Adrian Tchaikovsky's Shadow of the Apt series, I'm 6 books in, and it's great. Must-read for epic fantasy fans and anyone who's enjoyed his [prolific!] work. Surprised this series isn't more widely reccomended. 000
Patrick Smith @psmithjournalist.bsky.social · 25/09/2026Romania's blood bank: government offers investors a higher yield on bonds IF they give blood! www.bloomberg.com/news/article...origin.www.bloomberg.comGive Blood, Buy Bonds: Romania's Unusual Pitch to Lure InvestorsFaced with heavy debt burdens, governments across the world are finding creative ways to borrow money. 000
Patrick Smith @psmithjournalist.bsky.social · 25/09/2026A great artist and well-written piece on his stroke. Scary it can happen to someone so young. www.theguardian.com/music/2026/s...theguardian.com‘Everyone can relate to pain and struggle. So I’m sharing mine’: Michael Kiwanuka on life after his devastating strokeThe Mercury prize winner hasn’t been able to go home since falling ill last summer. In his only interview, he opens up about the ‘poignancy’ of finally releasing the new album his stroke shelved 120
Patrick Smith @psmithjournalist.bsky.social · 24/09/2026I appreciate everyone likes podcasts, I like podcasts, but I also want people to continue to write things down, especially if they are complex and involve lots of data. 011
Patrick Smith @psmithjournalist.bsky.social · 24/09/2026Much going on here, including his continued efforts to rebrand AI as something else for some reason 220
Reposted by Patrick SmithMadhu Pai, MD, PhD @madhupai.bsky.social · 24/09/2026With more confirmed measles cases already in 2026 than in the entire of 2025, it seems highly likely that the USA will lose its measles-free status later this year www.thelancet.com/journals/lan...thelancet.comUS measles elimination status likely to be lost as cases surgeWith more confirmed measles cases already in 2026 than in the entire of 2025, it seems highly likely that the USA will lose its measles-free status later this year. Tony Kirby reports. 33622
Patrick Smith @psmithjournalist.bsky.social · 24/09/2026Very mixed views on this. Laissez faire approach works fine in non-league but not convinced everyone would use this freedom responsibly. 210
Reposted by Patrick SmithAlan Beattie @alanbeattie.bsky.social · 24/09/2026Trade Secrets today. Meet Hank. Hank was doing well until Trump abolished "de minimis", the $800 tariff-free import allowance. Now Hank's one-man operation is swamped with paperwork and has to pay duties whose level isn't even clear. Hank will vote Democrat in November. as.ft.com/r/6c4f1d86-a... 13311
Patrick Smith @psmithjournalist.bsky.social · 24/09/2026I read the story and it doesn't seem to cite any evidence that this is what people do with benefit payments 000
Reposted by Patrick SmithBloomberg News @bloomberg.com · 24/09/2026Once heavily reliant on Iran for finished weapons, the Houthis are now able to assemble arms — including ballistic missiles and drones — inside Yemen using commercial goods imported from China. Read more in the Big Take: bloom.bg/4h8KNKV 📷: Mohammed Huwais/AFP 42519
Patrick Smith @psmithjournalist.bsky.social · 24/09/2026US 30-year bond yield at highest since 2004 🚨 www.bloomberg.com/news/article... 010
Patrick Smith @psmithjournalist.bsky.social · 24/09/2026Day 2 of this: www.bloomberg.com/news/article...bloomberg.comMorgan Stanley Rushes to Contain Fallout After Deal List LeakMorgan Stanley raced to contain the damage from a leaked deal list as some rival bankers weighed how they might capitalize on the incident and at least two regulators began assessing the potential fal... 000
Patrick Smith @psmithjournalist.bsky.social · 24/09/2026Lots of governments (UK included) are expected to come up with some cost-of-living measures and economic help with households and businesses -- but the bond market is making that much harder to do www.bloomberg.com/news/article... 010