There is a serious problem with long term unemployment and I still think we need something like Opportunity Credit Vouchers. The economic outlook is highly uncertain and could be a bit dire over the next 6 months, but I'm not entirely sure it's as bad as people think.
- The US economy seems to be growing nicely, and US Consumer Confidence has shot up. The US is our largest export market so growth there will boost UK business.
- The German economy also seems to be defying the Eurozone gloom. Again Germany is a very big export market for us.
- The FTSE 250, which is more reflective of the UK than the FTSE 100, is somewhat (2.4%) up from it's 2011 low (Oct 4th).
PS Interesting quote from this post on Labourlist:
The upper echelons of the Labour party is dominated by brothers, sisters, husbands, wives, and friends. They are a group and tribe of their own and they don’t speak to or for modern Britain.