This is an excellent primer on the current state of the hydrogen sector in the UK. Well done Ed!

Our economics and data editor Ed Conway explores how hydrogen could be used as an alternative to fossil fuels as the world tries to pivot away from gas and oil 🚆

Just ahead of COP27, the climate future looks both better and worse than it a few years ago. Belated action has made worst-case scenarios much less likely, but delay has made best-case outcomes impossible, too. So where are we headed? A long thread (1/x) nytimes.com/interactive/20…

US Q3 advance GDP +2.6% vs +2.4% expected
forexlive.com/news/us-q3-adv…

European Central Bank raises its key interest rates by 0.75 per cent.
Which also happens to be the broad expectation for the size of the @BankofEngland’s increase next Thurs…
ecb.europa.eu/press/pr/date/…

Quite the chart...

Very interesting thread, and not only because it features my favourite economic theory, Baumol's cost disease

Populism hasn’t gone away, as James Kirkup points out here. Anti-establishment movements are thriving - and not just in the UK.
And with Britain’s main parties now led by dry technocrats, populism might be about to stage a serious comeback thetimes.co.uk/article/sunak-…

Having read all the above you'll already realise that numbers like this👇 shd be taken with a big pinch of salt.
OBR hasn't yet sent HMT an updated 'black hole' size based on the latest gilt rates, so £35bn may actually overstate it.
The size of the shortfall isn't set in stone!

Bloomberg report that the so-called black hole is £35bn

Understand this is broadly correct...