Trading & Risk Management in global energy markets. London based.
Joined August 2012
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Rob McLeod retweeted
Here's the impact of this level of regulation on your household finances:
Using a 5% interest rate over 25 years on a 90% LTV, the cost of the £775k home is £4,079 per month. If you didn't have the givernment imposed costs (the red ones in the chart), your mortgage would be £1,753, which gives you £2,326 a month to do things (like meet a partner, have kids and so on).
To put it another way, the government has taken the equivalent of a £34k a year salary (which is the UK median) out of your household income in the borrowing requirement it has imposed on you through these regulations.
They've stolen a whole working member of your household.
Rob McLeod retweeted
The decision of top taxpayer Chris Rokos to move to Greece is actually a much more serious threat to Britain's finances than earlier thought. The FT reveals that it's part of a Greek strategy to attract whole firms to Greece, not just individuals, & that Rokos Capital Management is setting up in Athens.
3 months ago Greece introduced incentives to attract private equity and hedge funds. Qualifying executives who relocate to Greece pay a 5% tax on bonuses & carried interest — investment managers’ profits on successful deals. The equivalent rates in the UK are 47% and 38%.
Greece is making an effort to attract such firms. Britain is pushing them away.
Rob McLeod retweeted
New favourite rosé Llumí Rosat from @CellerAlimara @macdudeuk in Terra Alta. Fantastic splash of colour and flavour. New #wineoftheweek joannasimon.com/post/wine-of…. Thanks to @ArdenPaul4 for suggesting I try this #rosé #TerraAlta 🇪🇸
Rob McLeod retweeted
Political debate seems to be rooted in an alternate reality. You wouldn’t know it but we have some of the cheapest supermarkets in the developed world, flatter wages than the USSR, the most progressive tax system in the OECD & one of the highest %s of social housing in the world.
🚨Exclusive
Tomorrow's Sunday @Telegraph splash
Healey: I will not allow supermarkets to rip you off
telegraph.co.uk/politics/202…
Rob McLeod retweeted
This sums up Britain in 2026.
We PERFECTED the house design.
Georgian homes are by FAR the MOST popular..
So, the Government decided to BAN them.
Nonsense laws now FORCE homes to look SOULLESS.
We must build HOMES, not BOXES.
Which one would YOU rather live in? ⬇️
Amazing that even 20 years ago Google was able to find anything on the internet and yet Outlook can’t find an email I received last month.
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Aside from those earning over £100k, families where both parents work already are entitled to 30 hours free childcare. This is specifically to expand it to those where both parents aren't working. Seems barmy. Expand coverage for working parents instead!
🚨 NEW: Education Secretary Bridget Phillipson has called for families on benefits to be given 30 free hours of childcare a week
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Rob McLeod retweeted
My letter in today's Times about Labour's policies relating to independent schools.
#VAT
#independentschools
@AllisonPearson
@HMC_Org
@LauraTrottMP
@the_isba – at Brecon, Wales
Rob McLeod retweeted
Keir Starmer's successor, whoever that will be, will fail just like he did.
The United Kingdom is ungovernable at this point because the elected government no longer controls the state apparatus. The unholy blob that Tony Blair constructed runs everything, and they answer to no one. Starmer himself literally said that he pulls a lever and nothing happens. His replacement will find those levers still do nothing.
Without a massive purge of the NGOs, the Quangos, the courts, the civil service, and the administrative state, changing Prime Ministers will do about as much good as swapping out a kid's steering-wheel toy in a car that's hurdling off a cliff.
When people’s summer holidays get cancelled as flights are grounded due to jet fuel shortages, I wonder if policy-makers might finally wake up to how short-sighted it was to allow Europe to become so dependent on the Gulf…
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Rob McLeod retweeted
This is not a National Wealth Fund in the way this term is normally understood. Such Funds are the accumulation of government surpluses invested into relatively safe assets so the Fund grows over time. This UK Fund is financed by money borrowed by the state to invest in risky green new technology ventures, some of which will fail, others will have uncertain returns. It’s not about investing in more wind power so why the Treasury uses that illustration suggests even it does not understand what it’s meant to do.
🚨BREAKING: We are creating a new National Wealth Fund
This Fund will help get the economy growing by:
📈Unlocking investment
💼Supporting thousands of jobs
🇬🇧 Making every part of the country better off
ALT Text: NATIONAL WEALTH FUND CREATED Subheading: Kickstarting economic growth and maximising private investment in UK green industries
Rob McLeod retweeted
Concerns about mass immigration are valid.
But something even more sinister is going on that no one is addressing.
Brits LEAVING the UK, mostly highly skilled, highly educated people with the option to move abroad, are draining the country of much needed resources.
Not a good enough case is being made for them to stay. They're all jetting off to Dubai, Australia, etc. Who can blame them?
There are more doctors than ever, more nurses than ever and more funding than ever. I appreciate that may still not be *enough*, but why is it literally impossible to get appointments or any service at all on the #NHS ? It’s not even a bad service, there is literally none.
Seems Britain can’t even win at being the most miserable in the world.
🇬🇧 British people are now the 2nd most miserable people in the world
Previous happiness studies are based on income, wealth and healthcare quality, simply putting Western countries on top always, very very biased
The new Mental State of the World report is the first happiness ranking that actually makes sense and is based on surveys of satisfaction
People in many low-income countries are actually MORE happy regardless of income: in this case for example 🇩🇴 Dominican Republic and 🇱🇰 Sri Lanka are VERY happy
While people in a high-income country like United Kingdom are VERY unhappy
Added the data to Nomad List for the [ ☺️ Happy ] filter
@British_Airways seems my flight being three hours late wasn’t bad enough, an hour after landing and still no bags delivered… What’s going on? BA242
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