Worrying jobs figures show Labour’s Britain is heading for stagflation
Staggering rises in unemployment are a result of government polices that prevent businesses creating new jobs, and will ultimately condemn Britain’s economy to low growth and high inflation, says Matthew Elliott
Today’s employment figures from the ONS must serve as a wake-up call to the government that their economic agenda is running adrift. We have now entered the third consecutive month when payrolled employment has fallen, with current estimates being that there are now 274,000 fewer people in a job compared to the previous year, including a staggering fall of 109,000 in just the last month.
The UK already has record high levels of economic........
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