March’s good news!

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