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Wednesday 21 April 2010

More bad economic news

Gordon Brown's week just gets worse, his Labour party are now third in the opinion polls although thanks to the bias inherent in the electoral system Labour could still be the largest party in the new House of Commons, inflation is up more than expected and now unemployment is back above 2.5 million the highest since 1994.

Still to come this week are the latest statistics on retail sales and borrowing figures for the last full financial year and then on Friday (but Thursday for Gordon Brown so he has the figures before the second leaders' debate) the first official estimate of first quarter gross domestic product (GDP).

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