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cupidstunt

Unemployment Up Again

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Mr Boom and Busts miracle economy.

http://newsvote.bbc.co.uk/1/hi/business/5078652.stm

The earnings data confirm that for the time being at least, pay is not a major inflationary threat," said Howard Archer, chief economist at Global Insight.

"This should go down very well at the Bank of England, and significantly enhances the case for unchanged interest rates for some time to come."

Yea.... right :rolleyes:

Edited by cupidstunt

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G_D, I really hope fatso Gordo gets a pasting at the next election.

Be nice if labour got a pasting every PM question time (You know in the old days it used to be twice a week!)

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Who is this Howard Archer Tw*t?

Whenever a dumb-ass doveish comment is needed [every day :-)] the BBC reel him out

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the biggest increases in jobs came in education, health and public administration.

Public sector jobs. It is only a matter of time before the pound takes a hammering and interest rates start to rise by 1% increments rather than 1/4% ones.

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Who is this Howard Archer Tw*t?

Whenever a dumb-ass doveish comment is needed [every day :-)] the BBC reel him out

I've been wondering this myself. He is a dove, he predicted rates would be 4% in spring (source)! Ha. The BBC need to be more balanced IMHO!

Look at how often he is quoted by the BBC: http://search.bbc.co.uk/cgi-bin/search/res...e=all&edition=d

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It must be all the untracable immigrants doing the new miracle economy 'jobs' (ie cleaning toilets, serving burgers) for next to nothing and pushing the indiginous population out onto the dole queues

Problem with GB's plan to control wage inflation is reduced disposible income after tax and real inflation -> less to spend -> increased unemployment

Edited by dnd

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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