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Unemployment reaches highest levels since 1994

The number of people out of work in Britain has reached its highest level since 1994, according to the Office for National Statistics.

In the three months to the end of January 2011, the total number of unemployed people in the UK increased by 27,000 to hit 2.53m.

This meant the unemployment rate increased 0.1 per cent to 8 per cent, while the unemployment rate for those aged 16-24 hit 20.6 per cent of the economically active. This, according to the ONS, is the highest figure since comparable records began in 1992.



Mortgage fraudsters jailed for 7 years

Two men involved in a £7m mortgage fraud and an attempted £12m VAT fraud have each been jailed for seven years today. HM Revenue & Customs investigators found Martin Conrad and Richard Murkin had hijacked plans of a hotel project in Mauritius. The pair signed contracts with furniture providers to furnish the project and tried […]


Treasury failed to stick to consultation code

The Treasury’s consultation paper on the new regulatory framework breached the Government’s own code of practice by failing to providing a 12-week consultation period, according to Lansons. The Government’s code of practice on consultation states that consultations should last for at least 12 weeks, “with consideration given to longer timescales where feasible and sensible.” But […]


Andrew Tyrie calls on BoE’s Court to release crisis documents

Treasury select committee chairman Andrew Tyrie has called on the Court of the Bank of England to release all documents charting its work during the financial crisis to judge whether the body is fit to scrutinise the Financial Policy Committee. During a committee evidence session with the Court yesterday, in which several members raised concerns […]


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There are 12 comments at the moment, we would love to hear your opinion too.

  1. And thanks to the FSA another 10,000 IFA’s and their staff (estimaited at 20,000) unemployed is acceptable.

  2. Why do an extremely large proportion of those IFAs opposed to RDR have such *APPALLING* spelling?

    It reflects badly and does your argument no favours.

  3. Having a lesser command of the English language did not hinder john prescott.
    Will learning to spell make you a better adviser?

  4. No, but it’ll make you look like less of a cretin.

  5. I appreciate Rod Leonards remark, beyond the spelling error because it is not anonymous.

  6. What a petty, pathetic childish bunch you lot are. And you want to call yourselves ‘professionals’?

  7. Chill.

    Main problem is there is no spell checker on this “Have your say pad” so you often don’t spot the mistake before you click the submit.

    Its the content that counts.

  8. Cretin or not, JP had one of the most important jobs in government.

  9. Anonymous @ 2.24pm – yes, whatever happened to that bus lane on the top end of the M4?

  10. Well done Hector Sants,you must be really pleased that because of your intended actions there will be plenty more. Pity you are not named Richard Head and we could call you Dick for short.

  11. The bus lane is being reinstated for the olympics in 2012.

  12. Unemployment reaches highest levels since 1994 and all you can do is moan about each others spelling.


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