"It is absolutely critical that earnings growth remains muted, if the eventual next move in interest rates is to be down."
Yeah, that's right, Britons are going to be driven to poverty & shortage the likes of which they haven't known since the war.
No boom & bust, just a mega implosion, eh Brown?

W Smith, Manchester,

Each time this happens I find that my (free standing) redundancy insurance is cancelled. I've never claimed and changed to another insurer each time but they seem to think that "an umbrella is to be taken back when it rains..."

James, London, UK

I sign on doll. I have had lot's of job's but noting has worked out for me. £94.32 sound good to me every 14 days. My council flat is payed for through goverment and council tax is all inclusive. I am officialy on a long sumer hoilday all that's to the labour party.

Thank you

Tony Cooke

Hul

Tony, Hull City, Britan

Predictable. More is likely to come. Real unemployment is likely to have more of a substantial effect on the substantive affordability of housing for those who are not unemployed than the credit difficulties, which are a mere precursor to recession.

James E. Petts, Burnham, England

But elsewhere the media are still telling us that Western countries need mass immigration from Third World countries in order to "do the jobs that Westerners just won't do."

MaryJ, San Francisco, US

John of Chichester- are you in the same country as I am? Labour messed up the economy here- way to much tax, loss of a 1M manufacturing jobs, balance of payments in bad shape, 3.5 M unemployed (the REAL rate- job seekers plus disability benefit) and $B's govt debts .... the real UK you live in.

phil A, Headley, UK

You reap as you sow. We are now reaping the "reward" of 3 terms of New Labour. Lucky we still have some semblence of a Conservative Party to come to the rescue -- but will the new Conservatives be up to the job? I hope so. Does it hurt enough yet? For most people, I think it does.

phil, London, England

Of course they seen this coming!! They planned/engineered it, along with the credit crunch, mortgage crisis, so to be recession then US currency collapse.

This is all a global plan by the elites, you'll see in time, it's just a shame your eyes will remain shut untill that time of enlightenment!

Andy, North, England

Alex, Salisbury, UK

Anatole Katelsky is an Elitist Bilderberger, he may act as if he doesn't have a clue but he's well, well aware of what is planned and what is to come.

Andrew Towell, Hartlepool, England, UK

I'm amased that unemployment has risen again, given how much fuss the Labour party made about rising unemployment during the last consevative government. And its extraordinary seeing as how Gordon Brown was making such a good job of the economy. You'd have thought he'd have seen this coming...

John , Chichester, UK

When is Anatole Katelsky going to admit that he doesn't have a clue and will retire?

Alex, Salisbury, UK

Don't forget the 5m or so self-employed, who may also fall victim to the economic climate; as businesses slash their costs they will be the first to go and they won't appear on the unemployment statistics!

Denise, Ipswich, UK

I wonder if one day the ONS will revise it's figures on inflation too!

colin, Birmingham, UK