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Podcast: Beyond Currency
Episode: 19 April 2023 - Inflation improvement is nothing to celebrate
Description: The Government’s recent campaign to try to convince people that the economy is on the right path hit the buffers yesterday as the March employment report showed that claims for unemployment benefit rose by a little over 28k and the unemployment rate, despite being close to all-time lows, ticked up a little to stand at 3.8%.
Another blow to the economy showed that insolvencies have risen to their highest level since monthly records were produced three years ago.
2,457 companies were liquidated last month, up from 1,784 in February. Companies are facing rising costs, especially energy, which in many cases has seen tw...