Politics 20 February 2013 "If you were in France or Spain or Greece... you would say I wish was in that position" Business quote of the day. Print HTML "No-one is saying this is easy, but if you were in France or Spain or Greece... you would look at these figures and say I wish we were in that position" Work and Pensions Secretary Iain Duncan Smith comments on the fall in UK unemployment in the three months to December. However official figures show there was a cut in the real value of pay as inflation remains higher than pay growth. › Is the ANC's dominance ending? Ian Duncan Smith. Photograph: Getty Images Helen Roxburgh is the online editor of Economia Subscribe More Related articles We are heading for the next recession – it's crucial the right people are in charge Five years of profitable themes and stocks… Chinese loan sharks are using nudes as collateral. Is this the grim future of revenge porn?