The BBC report https://www.bbc.co.uk/news/business-45481485 through gritted teeth the good news that:
'Wages saw faster than expected growth in the three months to July, as they continued to outstrip rising prices.
Excluding bonuses, wages grew by 2.9%, according to figures from the Office for National Statistics (ONS), well above the 2.4% inflation rate for the three-month period.
Analysts had forecast a 2.8% rise.
Unemployment continued to fall, dropping by 55,000 to 1.36 million. The unemployment rate remains at its lowest level for over 40 years.
The number of people in work rose by 3,000, taking the total employment level to 32.397 million.
The ONS's head of labour market statistics David Freeman said: "With the number of people in work little changed, employment growth has weakened. However, the labour market remains robust, with the number of people working still at historically high levels, unemployment down on the year and a record number of vacancies.
"Meanwhile, earnings have grown faster than prices for several months, especially looking at pay excluding bonuses."'
Presumably the BBC are awaiting the negative line that they should take on reporting this news, someone in the Labour Party's shadow treasury team will be formulating the spin even as I type.
Meanwhile Guido Fawkes reports
https://order-order.com/2018/09/11/mcdonnell-im-embarrassed-mediocre-500-billion-spending-plan/ on John Mcdonnell's plan to increase public spending by £500,000,000. I'll leave Guido Fawkes's comments, here's the former Labour shadow Chancellor Chris Leslie:
"The worry that I have is this suggestion of £500 billion. I mean, that's an awful lot of either borrowing or extra taxation. In order to raise it you'd have to double income tax. You'd have to double National Insurance. You'd have to double council tax. And you'd have to double VAT as well."
Oddly, not, the Labour Party's propaganda arm, the BBC, are not reporting either John Mcdonnell's plans, and certainly not Chris Leslie's words.
Maybe the BBC believe that doubling taxes is "nothing untoward" and as does John McDonnell that half-a-trillion pounds is "modest".
Someone needs to let the British people what John McDonell has in store for them, it certainly won't be the BBC who does so.
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