Article: Policies that please the electorate could hide inflationary timebomb.(WPP Group PLC's Martin Sorrell )

Sir Martin Sorrell warns the fiscal intervention that has taken place in the early part of this recession could result in galloping inflation

Labour isn't working... helped to unseat Jim Callaghan's 'winter of discontent' government and sweep Margaret Thatcher to power in 1979

Asked to grade the depth of the recession in which we are now mired, it is not long before WPP chief executive Sir Martin Sorrell comes up with an ad campaign by way of illustration. Not one of his own as it happens, but "Labour isn't working" - the poster showing a snake-line of the unemployed, devised by advertising Svengalis Charles and Maurice Saatchi. It helped to ...

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