Wall Street at record high after US inflation falls to 3.4%; takeover offer for Royal Mail raised – as it happened
by Graeme Wearden from on (#6MTD6)
Latest US inflation report shows prices rose at slower rate in April, while Daniel Ketinsky has raised offer for Royal Mail's parent company to 3.5bn
Chancellor Jeremy Hunt and work and pensions secretary Mel Stride have been accused of gaslighting the British public", after claiming the unemployed have ample opportunities" to find a job.
Hunt and Stride have written in the Times today that there's no reason to be stuck on benefits.
We've been clear that unemployment benefits should only be there as a safety net, not a lifestyle choice. With around 900,000 vacancies in the economy there are ample opportunities for people to get on and get ahead in the world of work."
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