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Faisal Islam Profile picture
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8 Dec, 4 tweets, 2 min read
new German Chancellor @OlafScholz re economics/ Brexit/ furlough/€/ debt brakes, who I think I did last lengthy English language interview with, when in London for summer G7 tax deal. was quite emotional about & told me would “really change the world” 🧵
bbc.co.uk/news/business-…
on Brexit Scholz told me then - “I'm happy we got a deal in the end on relations between the European Union and the UK, and I hope that everyone will follow the deal and that everything will be exactly what was written down, if this is the case we will have good trade relations”
On the Kurzarbeit (precursor to furlough) extended during pandemic and developed after the financial scheme, Scholz said: “We supported the health of our people with the money we spent, but also the economy, and many jobs…”
“Kurzarbeit (short time working) - the method which I used when I was Minister of Labour in Germany 10 years ago with the last crisis is now something that is used, not just in Germany but all over the EU and many other countries of the world [eg UK with furlough]” Scholz told me

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More from @faisalislam

Faisal Islam Profile picture
7 Dec
NEW: Treasury submission to public sector pay review bodies warns elevated inflation rates are temporary, unless “people come to expect high inflation to continue, for example if workers demand larger wage increases to maintain their purchasing power”…
assets.publishing.service.gov.uk/government/upl…
HMT specifically warns that “public sector pay increases” could “exacerbate temporary inflation pressure” by contributing to higher wage demands across the economy… and of a “trade off” between higher pay rises and recruiting more staff/ public services investment ImageImage
In particular it is critical of the idea that public sector pay rises should account for the coming squeeze from the rise in National Insurance, saying this would use up funding for NHS/ social care and that doesn’t happen in the private sector Image
Read 7 tweets
Faisal Islam Profile picture
1 Dec
Significant moment in local & indeed national politics - leader of Manchester City Council, Sir Richard Leese, stands down after a quarter of a century, which started with the IRA bomb of the Arndale centre, encompassed Commonwealth Games, transformation of City centre…
What has happened in Manchester in that time is of profound national relevance, though rarely seen to be the case…

Eg You can’t really talk about “levelling up” as some sort of new phenomenon, without examining what happened in major cities, led by Manchester since 1990s…
In Sir Richard’s case, it starts with a fundamental piece of strategic opportunism, helped by architect Ian Simpson. The bomb destroyed a chunk of the Arndale centre… instead of rebuilding it, they identified that bit of terrible urban planning as a block on investment for N MCR
Read 12 tweets
Faisal Islam Profile picture
26 Nov
So @BBCNewsnight coming up

- Omicron Variant
- Brown on the “biggest public policy failure” of our time
- report from Grand Synthe refugee camp…

#pronunciation
Significant debate at Newsnight towers over pronunciation of Omicron… and also Stephen Sondheim song for our end credits - I was pushing for Tonight or I like to be in America…. Outvoted, rightly for Dame Judi Dench from Proms with “Send in the Clowns”
Hadn’t clocked that there was a remake of West Side Story directed by Spielberg coming out very soon…
Read 4 tweets
Faisal Islam Profile picture
26 Nov
Just interviewed exPM @GordonBrown for tonight’s @BBCNewsnight who calls “hoarding”/wastage of vaccine by G20 nations “probably biggest international public policy failure of our times”…

And says SA President @CyrilRamaphosa “rightly” feels “very let down” over vaccine promises
Brown: “There are enough vaccines to get round the whole world, probably around 500 million vaccines that are unused, stockpiled, you might say hoarded, in the West today. That’s in America and in Europe, including the United Kingdom. Vaccines that could be moved very quickly…”
“…and transferred out to poorest countries of the world to enable vaccination to take place. There is a huge danger that many of these vaccines that are being unused here are going to be wasted. They run out. They expire. The use-by date is past and they have to be destroyed.”
Read 6 tweets
Faisal Islam Profile picture
26 Nov
EU’s ECDC says of the B.1.1.529 variant

“Based on the available evidence, this variant is likely to be associated with very high transmissibility and significant immune escape. So far, there is no evidence for changes in infection severity.” ecdc.europa.eu/sites/default/… Image
UKHSA more precautionary in tone…

“It has a large number of mutations which are likely to be biologically significant, and which may change the behaviour of the virus with regards to immune escape, transmissibility, & susceptibility to some treatments.” assets.publishing.service.gov.uk/government/upl… ImageImage
WHO meeting finished B 11 529 now officially classified as a “Variant of Concern” by WHO and named the “Omicron Variant”

“Preliminary evidence suggests an increased risk of reinfection with this variant, as compared to other VOCs.”

who.int/news/item/26-1…
Read 4 tweets
Faisal Islam Profile picture
26 Nov
Home Sec uninvited to Sundays summit on cross Channel human trafficking after PM sends this letter suggesting joint patrols and new UK returns agreement with EU to French President, just described by him as “not serious” to have tried to negotiate “by tweet” and by public letter
Macron response:
So looks like we are back to where the French Foreign Sec put things earlier in the week:
Read 9 tweets

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