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Why the Fiscal Charter is flawed

If Labour can quell the in-fighting they could make a strong case against the government's fiscal policy

By George Magnus  
Wages are becoming detached from economic growth

The August labour market

The government has another reason to boast about the economy today. After a little angst about what was happening in the labour market earlier in the year, the data for the three months to August was almost perfect. The level of employment rose 140,000 to a record 31.1m, meaning that the employment rate also hit a record 73.6 per cent. Though there are definitional issues, this is…

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