By Chris Dorrell Last week new figures on the UK economy suggested that something unusual is happening – inflation and unemployment are falling at the same time. In January, inflation came in below expectations at four per cent, down from peaks of over 11 per cent in October 2022. Most economists think inflation will fall to the two per cent target as soon as the spring. Simultaneously unemployment is, apparently, going down. Having peaked at a post-Covid high of 4.3 per cent in July 2022, the Office for National Statistics (ONS) now estimates the unemployment rate to be 3.8 per cent. There ar…