Pre-Budget Misery Index Update

Despite a sharp jump in the Public Sector Net Cash requirement year on year, a fall in inflation as the VAT hike falls out of the calculation means we are a little bit happier than we were at the beginning of 2012. With the Unemployment Rate still high, we’re hardly dancing in the street though…

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



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Quote of the Day

Rowan Atkinson tells The Times

“All jokes about religion cause offence, so it’s pointless apologising for them. You should really only apologise for a bad joke. On that basis, no apology is required.”

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