The Conservative government won't seek to lower the unemployment rate by creating "artificial" public sector jobs, which ended up destroying employment as public spending spiraled out of control, says George Osborne.
"You end up with more people unemployed instead of less. Then the politicians who make these guarantees get into a panic. So unemployed people are pushed on to sickness benefits to hide the real numbers," he said.
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A brewery in the US stopped beer production and started canning emergency drinking water for flood victims in Texas and Oklahoma.
While Fifa battles allegations of corruption, fans are preparing for the oldest cup competition in the world - the FA Cup - tomorrow.
A fine start to the weekend though cloud will start spreading in from the west throughout the afternoon ahead of a wet night.