- Luxury car manufacturer Jaguar Land Rover has begun the first phase of its 1,700-job recruitment drive, announced last year. Hiring for the new jobs will be conducted in three phases to support future growth and investment plans on site. The first phase will recruit more than 500 semi-skilled production operator jobs to support the production of new vehicles
- The rate of inflation has continued to soften, falling below the 2% Government target to 1.9% last month. This is the lowest rate based on the Consumer Prices Index (CPI) since November 2009
- The European Commission has said economic recovery is “gaining ground” in the EU as it revised up its growth forecasts for 2014 and 2015. The UK’s economy is now expected to grow by 2.5% this year, up from a previous forecast of 2.2%.
The National Minimum Wage (NMW) is set to rise to £6.50 an hour from its current rate of £6.31, an above inflation increase of 3%. The chancellor George Osborne has suggested that the NMW could reach £7 an hour by 2015-16
BT plans to hire more than 1,000 graduates and apprentices this year, an increase of more than a third on last year. Kevin Brady, HR director of BT’s technology and service operations division says “We just want bright, capable people to come and work with us, and we will train them to be the best they possibly can be”
Wants more good news? See the post from January.