Friday 14th November 2025
Posted: Fri Nov 14, 2025 6:40 am
Morning all.
And thanks for the QT review Sky.
And thanks for the QT review Sky.
Yes . A great Report even, but what a wonderful set of subjects to work on ! Enjoyed the "Reform goblins grunting about forriners" , and much more.

This week, Streeting finally gave the green light for axing about 18,000 backroom NHS jobs, in a reorganisation that is ultimately supposed to save £1bn a year to be spent on frontline care, but will cost at least that to implement upfront.
More detail --For Streeting has embarked on a high-stakes and surprisingly under-discussed reform of the NHS that, if it works, could become the model for rebuilding a crumbling public realm without intolerably high taxes;
------------------------------------------------------slash bureaucrats, who aren’t popular, and put the money into frontline care, which is. Merging NHS England back into the Department of Health and Social Care and cutting regional commissioning boards will cut headcount, but will also lead to a devolution of power, with good hospital trusts in theory freed from central control. It has risks but it is a model likely to be echoed across government, with other cabinet ministers exploring the use of devolution, digital tools and AI to deliver services differently – which will mean some painful decisions about the human jobs displaced.
You don't need to watch Richard Murphy's daily youtube chat to know that the UK govt has No Problem "raising funds", it's just a question of the PRICE !10-year and 20-year gilt yields are on the rise again, as investors try to determine how confident they are about the Labour government’s ability to raise enough funds to offer some fiscal certainty and stability long-term.
The 20-year gilt yield is at 5.233%, up 0.125 percentage points
The FT's article is confirmation that at least one Streeting Ally is as possessed by hatred for the Left as is Morgan McSweeney....refitman wrote: Fri Nov 14, 2025 1:46 pm When was the last time there was a 'Trot' in the Labour party?