It’s the month’s end again and we’re back with more good news.
For those who don’t know, we believe that the amount of negative news in the press is a bit depressing, so at the end of each month we publish a round of the good news that we’ve made in the UK.
Here we go…
- More people in the UK are working than ever before as employment increased by 105,000, to a new record of 30.2m during the three months through to January, according to figures from the Office for National Statistics.
- Bringing good news ahead of Chancellor George Osborne’s Budget, the private sector has created 473,000 jobs in the past year bringing total private sector employment to 24.7m.
- UK unemployment has fallen by 63,000 to 2.33m in the three months to January and initial estimates showed the monthly unemployment rate has fallen to 6.9pc.
- The UK National Minimum wage increases to £6.50 per hour for 21+ year olds from 1 October 2014. This represents a 3%, inflation busting, rise.
- UK inflation has fallen to its lowest level since October 2009, with lower petrol prices and a stronger pound helping to keep a lid on prices. Inflation, as measured by the consumer prices index (CPI), fell to 1.7pc in February from 1.9pc in January, the lowest level in more than four years