The material on this website is for information only
and is not intended as any recommendation or endorsement of any products or companies mentioned. We are not licensed by the FSA to give financial advice, and none of the material on this website constitutes or is intended to constitute financial ...
News
Mirror.co.ukFamily of drug dealer who plotted £180MILLION money laundering scam ordered to hand over FOUR housesMirror.co.ukThe family of drug dealer who was part of a £180 MILLION money laundering plot faces losing FOUR homes because of his criminal deeds. Relatives of Alam Zeb Khan were told in the High Court they must give up a portfolio of properties in Birmingham and ...and more »
Hargreaves LansdownRemember to include this on your tax returnHargreaves LansdownBefore you make a contribution, remember money in a pension can normally only be accessed from age 55 (57 from 2028), up to 25% usually tax free and the rest taxed as income. The value of investments can fall as well as rise so you may get back less ...
Citywire.co.uk'Huge' trade in pension savers' data helps scammers - Citywire MoneyCitywire.co.ukInvestigation by consumer organisation Which? discovers savers' personal data being shared on a 'huge scale'.and more »
Citywire.co.uk'Huge' trade in pension savers' data helps scammersCitywire.co.ukPersonal data including details of people's pensions is being traded on a 'huge scale', helping scammers convince people to hand over their money. An undercover investigation by Which? found that hundreds of thousands of pounds worth of personal and ...and more »
Mirror.co.ukThe single change that can make you £2800 a year richerMirror.co.ukBut it's small fry compared to the average £2,800 borrowers overpay by not shopping around for the best mortgage, says research from online mortgage broker Trussle . The web firm's founder Ishaan Malhi said: “It's shocking that almost three- quarters ...and more »
Have you met...
Latest Members:


marwa


ledonegm


jordanss123


nona


BrynjarEindride


shilladresses


jadegown

 

General News

Email this story to a friend:

2.38 million unemployed and rising.

A record 281,000 people were added to the growing list of unemployed in the three months to May.15-07-2009
It’s the biggest increase in unemployment in a three month period since records began in 1971. The figures from the Office for National Statistics show that 2.38 million are now out of work - 7.6% of the workforce and the highest since the end of 1995.
Young people between 16 and 24 are particularly badly hit. 726,000 are out of work and that’s the highest figure for 16 years.  
The number of people out of work for more than a year rose by 46,000 to 528,000, the highest for 11 years and that includes about 133,000 young people.
The only glimmer of good news is that the number of people claiming unemployment benefit was less than expected. 220,000 more claimed in the three months to May and 23,800 more claimed in June bringing the total to 1.56 million. But most analysts and forecasters still expect unemployment t6o rise to 3.2 million before it starts going down again. And not only is unemployment rising but the number of job vacancies is falling. There were 429,000 in the three months to June, down by 35,000 from the previous quarter.

Advertise with us  |  Privacy  |  Terms & Copyright                                                                                     Website maintained by USP Networks