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Business Confidence

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Four Years of Rising Unemployment Under Four Different Governments

• via LBC

Four Years of Rising Unemployment Under Four Different Governments

The Numbers Behind Britain's Stalled Economic Engine

Unemployment in the UK has risen to 4.8%, the highest level since 2021, marking four consecutive years of increasing joblessness under four different governments. Despite promises of economic growth and renewal, average earnings are failing to keep pace with inflation, leading to a decline in real wages and living standards. This trend highlights systemic issues within Britain's economic framework that transcend political leadership.

The OECD Verdict: UK Claims Global Economic Leadership While Leading Only in Inflation

• via The Guardian

The OECD Verdict: UK Claims Global Economic Leadership While Leading Only in Inflation

Britain to Suffer Highest Inflation in G7 This Year, Says OECD

While the UK government touts its economic prowess, the OECD paints a starkly different picture: Britain is set to endure the highest inflation in the G7 this year, with growth projections remaining sluggish. This report highlights the disconnect between political rhetoric and economic reality, revealing a nation grappling with self-inflicted economic challenges.