Misery Index: It's Not Just the Unemployment Figures

With unemployment up by 38,000 to 2.49 million, the Misery Index is nearly at our most miserable this year. However the bad news isn’t all due to the rise in joblessness. The Public Sector Net Cash Requirement is not seasonally adjusted and is up considerably on last month. Either way we are 7 points more miserable then we were this time last year…

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




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Quote of the Day

Trevor Kavanagh’s analysis of the Brexit process…

“Thanks to Mrs May and her useless Chancellor Phil Hammond, this will not come without pain. But we escape with imagination and true British grit or we will be boiled alive.

It means on this centenary Remembrance of our struggle against tyranny, we risk ceding non-military victory in Europe to the undemocratic forces of an unaccountable totalitarian regime.”

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