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.

Seen Elsewhere



Tip offs: 020 7193 4041
team@Order-order.com

Quote of the Day

Appearing on BBC Radio West Midlands this morning, the Prime Minister was asked: “What are you getting Carrie for Christmas?”

Boris: “I’m going to get Brexit done”

Sponsors

Guidogram: Sign up

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