Misery Index: Summer Sunshine

With temperatures hitting the thirties, the Aussies capitulating at Lords and borrowing down last year, it’s smiles all round this summer. Unemployment fell again this month and, crucially, Public Sector Net Cash Requirement is down at 3.1 from last month’s high. Which all gives us a summer Misery Index of just 12.03. Pimms o’clock…

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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