oh dear (tm): Osborne's deficit plans suffer setback as UK borrowing rises

[PurpleGorilla]

Oh and if HPI was included, the overall level of UK inflation would trigger the need for interest rate rises. And what would that do to the housing market and wider economy?

[DimPrawn]

Newcastle?

Can't promise any sunshine.

[BrilloPad]

Only proof that the telegraph is like the daily fail.

Its numbers for one month.

Those that believe this story will also say that if a woman is expecting no babies on day 0, and 1 the next day, then 9 months later she will be expecting 270 babies.

The UK economy may be stuffed. But there are still plenty of levers to convince the plebs that all is well.

Keep stocking up on BTL.....

[BrilloPad]

Can't promise any sunshine.

Aren't they cold?

[GlenW]

Newcastle?

New South Wales?
Can't be on Tyne cos it's cold there and the females are ... (cojak sensitive omission)

[Zero Liability]

Oh and if HPI was included, the overall level of UK inflation would trigger the need for interest rate rises. And what would that do to the housing market and wider economy?

Not sure what statistical contortions and concoctions the UK uses, but this piece rips apart the US' CPI inputs for "house price inflation", which would have one believe it is subdued. I suspect the measures used here will be similar. More here.

You may as well throw darts at a board for all the use that the CPI/PCE and "unemployment" statistics are. You'd probably get more sensible policy than what is coming out of the central banks now.

[darmstadt]

What flat do you live in? Do you have an indoor swimming pool? Is this Birmingham?

Obviously a leaky roof in the attic he lives in

[d000hg]

Cornwall?

The weather's pretty lousy in general. Of course when the weather IS good it makes up it.