The Peter principle

The UK economy is going to be in good hands if Labour ever get re-elected, the Shadow Chancellor, former postman Alan Johnson, informing the nation of the party’s intention to raise the national insurance rate from 20% to 21%.

As the current rate is 12.8%, he obviously has a pretty good grasp of the situation, especially as a few minutes earlier he’d said that in a new job, it was necessary to ‘bone up on things’.

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