YOU know all hope is lost when the Governor of the Bank of England admits that he hasn’t a clue what is going to happen tomorrow, let alone next month.

David Cameron’s Coalition are just as hopeless, plodding on hoping for a miracle.

Unemployment now stands at 2.6 million. Margaret Thatcher reached the three million mark and David Cameron is hot favourite to breach that figure.

Last winter, the PM blamed high unemployment on the snow, this year it’s the Eurozone to blame. Next year, this desperate bunch will be blaming Labour.

The now famous 1979 Tory Poster of a snaking dole queue with the sarcastic slogan “Labour isn’t working” has now come back to haunt them.

Stephen Dixon, Redcar.