Misery Index: An ONS Nightmare

A rare surplus in the public sector net cash requirement seems to have distorted the misery index, despite the gloom on the horizon and rising unemployment. Guido is definitely not happy, having just spent longer than ever necessary trying to navigate around the utterly shoddy, messy and overly complex new website for the Office of National Statistics, he’s in need of a drink. Another spectacular public sector IT success…

From now onwards the Misery Index will be bought to you using Bloomberg data.

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




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Quote of the Day

Dominic Raab wrote in his letter of resignation…

“This is, at its heart, a matter of public trust,” he told the PM, concluding: “I cannot reconcile the terms of the proposed deal with the promises we made to the country in our manifesto at the last election… I believe that the regulatory regime proposed for Northern Ireland presents a very real threat to the integrity of the United Kingdom. I cannot support an indefinite backstop arrangement, where the EU holds a veto over our ability to exit…”

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