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

Peter Mandelson tells Emma Barnett…

“I think that Jeremy Corbyn himself should search his conscience and ask himself whether he’s the best person to lead the Labour Party into the general election with the best chance of success for the party.”

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