The UK’s unemployment rate fell to 4.5% in the three months leading up to August.
New figures from the National Bureau of Statistics found that the unemployment rate would fall from 4.6%. Payroll figures have skyrocketed to 29.2 million, bringing back to pre-pandemic levels.
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The last quarter vacancy recorded a record of 1.2 million people. The number of vacant rooms was the highest in transportation and storage.
Ian Warwick, managing partner at Deepbridge Capital, commented on the UK’s unemployment rate falling to 4.5%.
“As economic stability and growth are still at the forefront of the agenda, it is more important than ever that scale-up businesses are supported, especially in high-growth sectors such as digital technology and life sciences. We are 21 They will be the very center of economic growth as they create an economy that is perfect for the century.”
“Government initiatives such as corporate investment schemes are more important than ever to help entrepreneurs and innovators raise the necessary funds, and will develop private equity portfolios for private investors to support the UK. We offer tax incentives for the EIS fund reaching record funding levels in 2020/21, and there is considerable demand from investors and financial advisors, leading to the economic recovery. It is clear that they will invest in early stage UK companies that they think are on the frontline.”
