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Worrying jobs figures show Labour’s Britain is heading for stagflation

3 0
12.06.2025

ROCHDALE, ENGLAND – JUNE 4: Chancellor of the Exchequer Rachel Reeves delivers a speech during a visit to Mellor Bus in Rochdale, Greater Manchester, to announce a multi-billion-pound boost for city transport in the North and the Midlands, on June 4, 2025 in Rochdale, England. Chancellor Rachel Reeves announces that people in the North and the Midlands will benefit from a multi-billion-pound spending boost for city transport, driving investment in the renewal of Britain. (Photo by Peter Byrne – WPA Pool/Getty Images)

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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