Wednesday, May 15, 2013

Unemployment Figures in Full

The line Labour types will be pushing today, the January to March figures compared with the previous three months:

And the saving grace for Osborne, this month compared to last:

Select as per partisan preference. Those figures in full here. Essentially little has changed…

Saturday, May 11, 2013

These Are Not The Jokes You Are Looking For…

Wednesday, May 1, 2013

Voters Still Blame Labour For Economic Woes

Tory strategists could be forgiven for worrying that after three years of little or no growth and a £120 billion spending black hole this year alone, Dave and George’s reliance on blaming Britain’s economic slump on the last Labour government might be wearing thin with voters. Apparently not.

A study by media agency OMD of over 2,000 adults from across the UK has found that 53% still blame the previous Labour government for Britain’s ongoing economic problems, compared with just 39% blaming the coalition. 39% say Gordon is the main culprit, with just 27% fingering Cameron and 23% Osborne. Numbers Downing Street will be clinging onto…

Thursday, April 25, 2013

Q1 GDP +0.3%

  • GDP increased by 0.3% in Q1 2013 compared with Q4 2012, subject to revisions of on average 0.36%.
  • GDP was 0.4% higher in Q1 2013 than in Q3 2011 and therefore has been broadly flat over the last 18 months.
  • Largest contribution to Q1 2013 GDP growth came from services; these industries increased by 0.6% contributing 0.47 % to the 0.3% increase in GDP.
  • Before the sharp fall in output in 2008 and 2009 the economy peaked in Q1 2008, the lowest level was in Q2 2009.
  • GDP fell 6.3% from peak to trough.
  • In Q1 2013 GDP was estimated to be 2.6% below the peak in Q1 2008.

No triple dip…

Tuesday, April 23, 2013

Misery Index: Roll on Thursday

Public sector net borrowing is barely changed from last year, down slightly to £15.1 billion. Crucially, after distortions, the drop in borrowing is a paltry £300 million. Osborne can still say borrowing is falling, but only just. Unemployment was up last week to 7.9%, as was the Retail Price Index to 3.3%. Public sector net cash requirement rising to £31.3 billion caps off a set of bad figures for Chancellor Zero. Unsurprising that the misery index is up. Will Thursday cheer us up?

N.B. stats bods can check Guido’s adding up here.

Friday, April 19, 2013

To Boldly Go Where No Chancellor Has Gone Before AA+

Movie star Benedict Cumberbatch is a textbook metropolitan lefty, almost apologising for being middle class as he attacked arts spending cuts during a speech at a TUC rally in 2010. Surely just a coincidence that his new role as the baddie in Star Trek casts him as the spitting image of George Osborne. “Into Darkness”, just as Fitch downgrades Britain’s credit rating from AAA to AA+…

Pic via @tweeter_anita

Thursday, April 4, 2013

WATCH: Osborne Asks Why Taxpayer Subsidised Philpott

Via ITV.

Tuesday, April 2, 2013

That Osborne General Election Message in Full

Click to enlarge. You can read his speech in full here.

UPDATE: Buried in his HMT promoted speech is Osborne’s general election campaign message:

With all our welfare changes, we’re simply asking people on benefits to make some of the same choices working families have to make every day.

To live in a less expensive house.

To live in a house without a spare bedroom unless they can afford it.

To get by on the average family income.

These are the realities of life for working people.

They should be the reality for everyone else too.

No wonder the Tories were PRing the speech too. Whose side are Labour on? Simples…

Friday, March 22, 2013

Friday Caption Contest (Budget Brew Edition)

Thursday, March 21, 2013

Budget Doesn’t Unravel, Budget Spin Does

24 hours later and Osborne’s budget has yet to unravel, though both sides are having quite a set-to over the Help to Buy mortgage scheme. This morning Labour spinners got very excited by Osborne’s refusal to deny that the scheme would help wealthy homeowners to buy second homes, having the cheek to call it the “spare home subsidy”.

Both Osborne and Cable again did not deny it in the House at lunchtime. A Tory spokesman insists to Guido: “this is a very technical area. We have said that we are going to consult in order to get this right, instead of rushing into decisions or knee jerk reactions”. Yet Housing minister Mark Prisk seems to have made his mind up, telling Wato second homes would not be included.

Labour aren’t having a much better time of it: yesterday two-faced Chuka Umunna told Radio 4 he liked the policy, today he’s against it. If it turns out the spare home subsidy doesn’t exist and the policy is as he thought yesterday, that leaves him in a rather awkward position…


Seen Elsewhere

Inside an Islamist Takeover Plot School | Newsnight
Ed Heads to Scotland | Sun
Assad’s New Chemical Weapon Attacks | National Review
Jason Groves New Mail Deputy Pol Ed | MediaGuido
Cocaine Conservatives | Standard
Jezza Browne Responds to LibDem Haters | LibDem Voice
Why Britain Needs to Leave the EU | Douglas Carswell
Who Tells Ed When He’s Wrong? | Speccie
Hands Off Our Cojones, Mr Clegg | Laura Perrins
London Live Averaging Just 2,400 Viewers | Forbes
Ed’s Constitutional Failure | ConHome


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Dan Hodges on Team Miliband:

“‘Poisonous’, was the picture painted by one former senior advisor. ‘Dysfunctional,’ said one shadow cabinet member. ‘A bunch of medieval courtiers, not an office,’ said another. The most positive description I could get was ‘It’s a work in progress. They’re learning. Slowly. But they are learning.’”



Nick Clegg says:

Do you want lies with that?


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