The latest ONS data shows that Long Covid remains a serious issue - we urgently need to find better ways to prevent and treat.

Read more on my blog post
open.substack.com/pub/christinap…

Our Chart of the Week comes c/o Taylor Swift & Steph Smith.

Initial analysis reveals a causal link, *checks notes*, sorry - a weak correlation between more swears and less life satisfaction in the US.

Read Torsten Bell's Top of the Charts ⤵️ resolutionfoundation.org/comment/unhapp…

*cries in millennial*

DALSTON JUNCTION.1959.North East side.Nos.2-8. Elevation to shop fronts at Junction of Dalston High Street and Dalston Lane.

🟥 UK government borrowed £120.7bn over the last year, £6.6bn higher than predicted by the Office for Budget Responsibility at the March budget. Casts doubt on Jeremy Hunt's capacity to cut taxes ahead of an expected autumn general election

A quite alarming statistic from the Office for National Statistics (ONS) - Alcohol related deaths up by a third compared to pre-pandemic levels

🔴 UK INTEREST RATE SWAPS SHOW FIRST 25 BP BOE RATE CUT FULLY PRICED IN FOR AUG 2024 VS SEPT ON FRIDAY

New Professor Danny Blanchflower economist & fisherman paper contains cross-country data for mental ill-health by variable.

UK ranks bottom overall.

UK ranks bottom on *every* component.

public.flourish.studio/visualisation/…

h/t Torsten Bell

🟥 Dave Ramsden of the MPC says he is convinced that the UK is in a process of disinflation. Crucial as he has voted for steeper rate hikes in the past during periods of intense inflation. Core of the MPC clearly becoming more dovish, raising chances BoE cuts before the Fed

Bank of England Governor Andrew Bailey expects a sharp drop in Britain’s inflation rate next month, taking the level much closer to the 2% target trib.al/dCh1M5U

UK rents rose by 9.2% in the 12 months to March, up from an increase of 9% in the previous month. London rents up by 11.2%. Average rent in London (£2,055) now nearly £1,000 higher than GB average (£1,246)

🟥 Inflation drops to 3.2% from 3.4%, higher than the Bank of England expected. Crucially services inflation came in at 6%, again, higher than the BoE expected (5.8%). Strengthens chances that rate cuts are postponed until later this year

In the year to March 2024:

▪️ Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 3.8%, unchanged from February

▪️ Consumer Prices Index (CPI) rose by 3.2%, down from 3.4% in February.

➡️ ons.gov.uk/economy/inflat…