The unemployment rate remained at 5.2% in the three months to January, according to the Office for National Statistics. The highest in five years. Youth unemployment is at a twelve-year high, and pay growth has fallen to 3.8%. This must be that ‘stability’ Reeves keeps boasting about…
Speaking at his speech on how to achieve “progressive capitalism” Wes Streeting fired a dig and Andy Burnham:
“Bond markets are not bond villains and fiscal rules matter.”