The economy: Never had it so bad? Only if you forget the three-day week and 3m on the dole

Analysts and the chancellor temper the bleakness of his Guardian interview A large bill board discussing the need for more miners during the manpower shortage in 1947. Photograph: Tony Linck/Getty Worse than when the lights went out during the three-day week. Worse than when Bernard Hill symbolised the 3 million on the dole in the Boys from the Blackstuff during the industrial carnage of the early 80s. Worse than... [read full story]