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Work Programme update


The latest figures from the Government’s Work Programme are now available. The positive data show that the Programme continues to support the long term unemployed into meaningful employment: More than 208,000 of our hardest to help jobseekers have escaped long term unemployment and found lasting work – normally at least six months – an increase of 40,000 in the three months since the last publication in June. That’s 208,000 more people in work – meaning money in their pockets and a more secure future […]

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Unemployment down nationally, regionally, and locally


Unemployment in the UK is down by 57,000. It is lower than in May 2010. Unemployment in Buckinghamshire is down – falling by 404 in June to stand at 5,437. It’s now at its lowest level since December 2008. Unemployment in Wycombe is down by 194 from June 2012 and stands at 2,268, which almost a 10% annual decrease. The number of people claiming out of work benefits is lower than at the general election and there are over half a […]

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If this is capitalism, I am not a capitalist


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I spoke last night in the general debate on the economy, saying*: As I rise to speak I am reminded of a quotation from an economist who was a fierce critic of Keynes, a chap called Henry Hazlitt, who said: “Today is already the tomorrow which the bad economist yesterday urged us to ignore.” We have heard today some moving accounts of individual and collective suffering in different regions of the country and among different sections of the public. We should […]

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Bankrupt Britain: 340 people go bust every day – Times Online


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A human tragedy unfolds: BRITAIN is facing a bankruptcy timebomb with a record number of individuals and companies predicted to go bust this year. Begbies Traynor, the insolvency and restructuring group, reckons more than 35,000 firms could go under this year – equivalent to more than 95 a day. The figure would be 18% higher than during the previous peak in the 1990s crash. Nick Hood at Begbies said he would not be surprised if the number rose to 40,000 […]

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