Misery Index : Inflation Falls, Happiness Spikes

On the day that Action for Happiness launches, a genuine membership organisation for the promotion of happiness, we have re-calculated the Misery Index with the latest RPI off highs but at a still eye-watering 5.3% in March. Guido’s Misery Index is taken from the latest figures from the Office for National Statistics and incorporates inflation and unemployment as well as a deficit component. In addition to inflation going sideways, the seasonal low in the public sector net cash requirement has seen a spike in happiness.

Perhaps the sunshine is helping a little too…

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

Saturday Seven Up

7upAt the beginning of the week Oliver Letwin put his foot in his mouth, again, telling Boris Johnson that: “We don’t want more people from Sheffield flying away on cheap holidays”. It looked like a disastrously out of touch gaffe as millions of “squeezed middle” swing voters prepare to go on their cheap annual holiday away from austerity. David Cameron inadvertently provided the perfect rebuttal by flying away on a cheap Ryanair flight. On Thursday this blog’s readers saw him pictured with Sam looking grumpy in a way that fellow cattle class travellers will recognise.  On Friday it was front page news around the world…

Political hacks agreed it was the best PR Cameron had got in months. Sceptical media cynics reckoned it was too good to be true and that it was a Downing Street inspired photo-op, BBC and Sky hacks speculated that it was a set-up and even admired the cleverness of the user-generated-content style camera phone shot. Somewhat flattering Craig Oliver’s abilities…

Last week saw 76,061 visitors make 213,679 visits to view 334,914 pages – that is twice as many readers as the New Statesman – we’re Britain’s number one political website. The seven most popular stories were:

Saturday Seven Up

7upThe AV debate touched the public consciousness this week, just about, with politicos hitherto being the only people to show interest. Stories that were picked up in the Dead Tree Press from Guido included Tory MP Gives Labour Two Fingers, and Pickles Flying the Jolly Roger. We were of course ecstatic that our campaign to get Ed Miliband to propose to Justine succeeded. Proof that this blog can bring the Labour leader to his knees…

The month of March saw 185,776 visitors make some 2 million visits to the blog – more than the online editions of The Times and Sunday Times combined. Last week saw 77,264 visitors make 221,072 visits to view 353,087 pages. The seven most popular stories were:

VOTE: Who is the Most Annoying MP?

Saturday Seven Up

7upThe budget and Libya dominated the week’s newsflow. Ken Clarke almost upstaged George Osborne just by going to sleep – or did he? Guido was pleased to see that an idea pushed on this blog two years ago – to give MPs charge cards for expenses – has finally been accepted by IPSA. Riddle of the week – was why did Ed Balls deposit £7,000 in NatWest in Victoria? Second question: Is Gaddafi a More Savvy Economist than Ed Balls?

Last week saw 70,165 visitors make 202,417 visits to view 311,371 pages. The seven most popular stories were:

Despite What You Hear, Osborne is Not On Course

Norman Lamont has been wheeled out as one eye is turned to tomorrow’s budget. He claims.

“In many ways, the best Budget the Chancellor could introduce would be one that did nothing.  The Chancellor has courageously set out his strategy over five years, moving Britain back towards budget balance, largely through expenditure cuts but also with some tax increases.  The overwhelming important task is to stick to that strategy.”

That’s the Christmas card list sorted, but John Redwood has pointed out a few inconvenient truths in the last few days. Take a glance at the numbers for the next few years compared to the last year of Labour:

“Total spending plus £71 billion a year, Total tax revenue plus £176 billion a year, 5 years additional state borrowing £440 billion.”

Osborne is hardly the axeman. And nor are his Cabinet colleagues it seems. Redwood has put together a database of how the departments are getting on, specifically the promise to cut staff overheads by 30%:

“So far, they have lost around 4% of their staff numbers in an eight month period. This suggests the overall annual rate of  leavers is 6%. What is surprising is they have replaced half of these, meaning that the overall numbers are only down around 2%.”

Chris Huhne’s Department of Climate Change has seen its numbers increase, Pickles has managed to hire 263 new staff to replace 266 who left. Only Defence and the Home Office have made any real headway in the last few months:

Some three thousand people left the MOD and yet 1,700 of the posts have been re-filled. And that’s in the department making the most headway… The 30% target is still miles off.

Saturday Seven Up

7upThis week we opined that inviting the King of Bahrain to the Royal Wedding did not send the right signal to pro-democracy campaigners in that kingdom and on the day the Labour campaign for AV launched the blog  pointed out that the campaign’s leading light Neil Kinnock just happens to have been paid £103,000 in fees by a firm which stands to make millions out of electronic voting systems. Our boyo’s 30,000 shares in the firm will rocket in price if it is a “yes” in May…

Last week saw 70,484 visitors make 202,616 visits to view 314,204 pages. The seven most popular stories were:

You’re either in front of Guido, or you are behind…

Misery Index : Reaches New All Time High


Oh dear. Unemployment rose by 27,000 in the three months to the end of January to 2.53 million, the highest since 1994. The jobless rate is now 8%. The Misery Index is taken from the latest figures from the Office for National Statistics and incorporates inflation and unemployment as well as a deficit component. The continuing rise in unemployment means misery is creeping up…

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

Saturday Seven Up

7upWith news from Tokyo and Tripoli dominating the news agenda Westminster politics seemed trivial in comparison this week. Fortunately this blog specialises in tittle-tattle and trivia, super-injunctions allowing. Our top story this week was about the super-injunction, which we were […]

+ READ MORE +

Saturday Seven-Up

7upBy far the most interesting story of the week for Guido was the revelation that £1 million of the Yes to AV campaign’s funding originated from a firm that provides electronic voting services – yet the Yes campaign claim there […]

+ READ MORE +

Saturday Seven-Up

7upThe top story this week was based on idle speculation after Brillo tweeted that a senior LibDem was involved in a scandal. As the week progressed the rumours got more and more exotic, we await tomorrows papers with bated breath. […]

+ READ MORE +

The Nutroots Struggle

As the left come together for another one of their circle-jerks this weekend, Guido thought he would check in and see how their online resurgence is coming along. While Guido has no doubt the Where Do the Left Go Online […]

+ READ MORE +



Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Adam Boulton says David Cameron campaigned as a neo-Thatcherite…

“The manifesto programme, with its sell-off of social housing, clampdown on public sector strikes, EU in/out referendum and benefit cuts, represents a much more traditional, neo-Thatcherite conservatism than that offered by Cameron Mk 1…”

Top Posts This Week

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

Burnham’s Paul Smith Suits Burnham’s Paul Smith Suits
FLASHBACK: You Are Subsidising Andy Burnham’s Property Portfolio FLASHBACK: You Are Subsidising Andy Burnham’s Property Portfolio
Arise, Sir Eric! Arise, Sir Eric!
ENERGY MINISTER TOTTY WATCH CONTINUED ENERGY MINISTER TOTTY WATCH CONTINUED
Stella Grills Dimbleby on Sexuality Stella Grills Dimbleby on Sexuality
New Select Committee Chair Allocation in Full New Select Committee Chair Allocation in Full

Miliband: Don’t Move to the Centre Miliband: Don’t Move to the Centre
Insta-Bunga! Insta-Bunga!
GREEN PAEDO RING RUMBLED GREEN PAEDO RING RUMBLED
BIONIC MAN CONTROLS TWO ROBOTIC ARMS WITH HIS MIND BIONIC MAN CONTROLS TWO ROBOTIC ARMS WITH HIS MIND
TECH NOSTALGIA: LYCOS SELLS ITS PATENTS TECH NOSTALGIA: LYCOS SELLS ITS PATENTS
BIN LADEN PLANNED JIHAD ON CLIMATE CHANGE BIN LADEN PLANNED JIHAD ON CLIMATE CHANGE
CAMERON’S UBER PALS SQUARE UP AGAINST BORIS CAMERON’S UBER PALS SQUARE UP AGAINST BORIS
Andy Burnham: “I Would Follow David Moyes Textbook” in Office Andy Burnham: “I Would Follow David Moyes Textbook” in Office
BBC CLIMATE FORECAST THREE YEARS OUT OF DATE BBC CLIMATE FORECAST THREE YEARS OUT OF DATE
UKIP Latest: Suzanne Speaks UKIP Latest: Suzanne Speaks
24 Hour Drinking: “The Best Thing the Labour Party Ever Did” 24 Hour Drinking: “The Best Thing the Labour Party Ever Did”
Fight! UKIP’s Steven Woolfe v Jean-Marine Le Pen Fight! UKIP’s Steven Woolfe v Jean-Marine Le Pen
Hilton’s Hipsters & High Tories Hilton’s Hipsters & High Tories