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Tim | ThatchamDad

@thatchamdad

Oct 24

https://twitter.com/joetwyman/status/1584317355035103232

While his youth isn’t necessarily a barrier to being PM, it’s worth noting that Sunak is considerably less experienced than Blair & Cameron, and has never led his party:

Sunak: 7 years as MP
Cameron: 9y as MP, including 5y as Leader of the Opposition
Blair: 14y as MP, 3y as LotO

https://twitter.com/joetwyman/status/1584317355035103232

He’s going to need wise heads he can trust around him over the next few weeks. Never mind the Opposition, the biggest bear pit he faces is his own party, with Johnson likely to be stirring the pot quietly in the background. Hunt will be crucial, but also how he handles the ERG

Big immediate challenges for Sunak:
- Set policy direction
- Rebuild bridges with devolved nations and Tory factions
- Cabinet reshuffle: who goes, who stays? What role for Mordaunt? Who to dispose of (JRM?) and how to balance talent vs party unity?

No honeymoon period! 🤔

Read 6 tweets

Tim | ThatchamDad

@thatchamdad

Sep 24

While a 1% cut in basic income tax is welcome, it’s worth calculating what this means in real terms. If you earn under £12,570pa, nothing changes. If you’re on the median average salary of £25,971, you’ll be £2.58pw better off. At best (earning £50,279 or more), you gain £7.25pw

Now compare this to someone on, say, £200k pa. (Obviously, many high earners are on *much* more.) They benefit from both the 1% cut in basic tax (£7.25pw) AND the 5% saving on the last £50k of their salary which will now be taxed at 40% - a further £9.62pw for a total of £16.87pw

So someone on £200k pa - who will barely notice and is unlikely to spend more as a result - benefits 6.5x as much as someone on an average salary, for whom an extra £16.87pw could make a big difference. These tax cuts are for the wealthy, with the masses being tossed scraps

Read 5 tweets

Tim | ThatchamDad

@thatchamdad

Apr 26

A few observations on Elon Musk and Twitter …

(Disclaimer: not an expert!)

Elon Musk has NOT bought Twitter yet, despite how many media outlets are reporting it.

He has made an offer and Twitter’s board is recommending it to shareholders.

There are 2 main ways the few could yet fall through …

What if shareholders reject it?

Possible but unlikely. Musk's offer for Twitter's shares is 38% more than their current value. This gives shareholders - and, most likely, most of Twitter's stock is held by a few board members and financial institutions - an incentive to accept

Read 18 tweets

Tim | ThatchamDad

@thatchamdad

Dec 10, 2020

@ADuvsLife

@ADuvsLife He's ignoring everything, essentially. In the short-term, we're already seeing delays at the ports, which has a very basic impact on getting stuff into distribution centres in the first place. Every DC has a limited number of loading bays for in & outbound ...

@ADuvsLife

@ADuvsLife Trucks have defined delivery slots for drop-offs and pick-ups - think of it like a doctor's appointment list - they must be there in their 30-60 minute window, or else the haulier gets fined. And DCs operate 24/7. So if 10 trucks miss their slots because of a logjam at the ports

@ADuvsLife

@ADuvsLife It's not just a case of squeezing them into another window - there *is* no spare slot (or hardly any). So you can't easily catch up. And once a delivery slot at the DC is missed, that has a knock-effect. A missed inbound delivery means outbound trucks leave without their stock

Read 16 tweets

Tim | ThatchamDad

@thatchamdad

Sep 1, 2020

Most major economic shifts take years to happen. But what do you do when it happens suddenly in a matter of weeks and months? Th government has a choice: defend the Pret economy to the death or manage an effective transition 🤔 ft.com/content/d8eb62…

Laptops, mobiles, high-speed broadband - all these key enablers of remote working took several years to become mainstream options. Home-working was imposed on office workers within a couple of weeks. No one has really had time to fully evaluate the long-term pros and cons

For some (like me) WFH is a viable and attractive option with few social downsides - I work have an international role, I’m the only UK-based member of my team, I have well established networks and I have a workable home office setup

Read 13 tweets

Tim | ThatchamDad

@thatchamdad

Aug 16, 2020

https://twitter.com/doctor_oxford/status/1294733660772544512

This is insanity. How this anyone think this is right or fair?

Let me frame it another way. You interview for a job. Would you want an algorithm rather than an interviewer to decide who gets it?

How about we let an algorithm rather than the PM decide which ministers to appoint?

https://twitter.com/doctor_oxford/status/1294733660772544512

And where does it end? How about we solve the backlog and chronic underfunding of our criminal justice system by replacing trial by jury with an algorithm too?

I mean, sure, a few innocent people would be found guilty, but look at the efficiency and cost savings!

While we’re at it, give algorithms the nuclear launch codes, rather than leaving them to a stable genius or a PM who spends half his life refusing to accept responsibility for anything.

Because WarGames was just a film, right? Project Fear! What could possibly go wrong?

Read 6 tweets

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