Osborne needs to manage expectations

The phrase ‘managing expectations’ is one of the most hackneyed of the service sector. Whether you’re a banker, lawyer, lobbyist, builder, plumber or PR consultant – any professional with customers or clients instantly recognises the need to meet demand, but not to...

UK jobless rate falls to lowest level since 2008

The BBC reports that the unemployment rate fell to 6.2 per cent over the three months to the end of July, its lowest level since 2008, official figures show. The number of jobless people fell by 146,000 to 2.02 million over the quarter, the Office for National...