The UK's unemployment rate has remained unchanged at 7.8 per cent while the total unemployed has increased by 7,000. Average earnings (excluding bonuses) increased by 1.2 per cent while CPI stands at 2.8 per cent, further squeezing consumers. This will be very inconvenient for George Osborne as he unveils the budget today.
Or will the Budget merely deal with the symptoms of stagnation by fiddling with small tax rates and breaks? @george_osborne— Ryan Bourne (@RyanCPS) March 20, 2013