Menu
World news
House prices post strongest annual growth in nearly three years
Osborne warns over 'badly-timed' Tobin tax
Bank of England says no to more QE
ECB holds interest rates on hopes of recovery
Brussels dismisses 'plainly wrong' IMF criticism over Greece
China-EU trade war a risk for UK growth
Hard-line ECB washes hands of jobless crisis, sees no 'Japanese' deflation
If the Labour Party won't spend, what's the point of it?
EUs unaccountability poses a danger to global economy
Roger Bootle looks to sell Capital Economics
Businesses with bright ideas 'more likely to face funding hurdles'
Saudi prince sues Forbes over size of fortune
Sir Mervyn King attacks EU financial transaction tax
Bank raises growth forecast in rare boost for economy
Heroic Spain is damned if it does, and damned if it doesn't
Foreign-born workers account for 50pc of rise in employment
Recovery hopes as Japan economy expands again
Exiting QE could 'undermine the recovery', IMF warns
One and two cent coins could disappear under EU plans
Japan storms back on weak yen but Asia trembles
There may be no halting this tax juggernaut
EU referendum row a 'distraction' from growth
Coalition minister claims he can see 'green shoots' of recovery
BoE's Weale douses Carney stimulus hopes
Foreign-born workers account for 50pc of rise in employment
Foreign-born workers have accounted for more than half of the rise in employment in Britain over the past year, according to official figures.

The number of foreign-born workers finding employment in the UK has risen by 225,000 to 4.26m over the past year, compared to an additional 192,000 UK-born men and women in work.

Figures from the Office for National Statistics also disclose for the first time that more than 112,000 people who were born in Bulgaria and Romania are already working in Britain, a rise of 14pc on the same period in 2012.

The rise comes amid growing concerns about a new wave of immigration from Bulgaria and Romania next year, when immigration restrictions are being lifted.

The new wave of immigration, which could lead to 50,000 people a year moving to this country from abroad, has led to warnings that Britain is facing an influx of people at an "unsustainable level".

Frank Field, a former Labour minister, a former Conservative minister, have warned that David Cameron must do more to tackle the "elephant in the room" and restrict European immigration.

The MPs, two of the most influential politicians on the immigration debate, have said that draconian action should be taken during period of high unemployment to protect low-skilled British workers.

One in three young people aged 18 to 24 who are not at university or college are currently unemployed or not in paid work.

According to new figures, the number of people working in Britain who were born in countries which joined the EU in 2004, including Poland and Hungary, has risen from 674,000 to 687,000.

The bulk of the new foreign-born workers are from outside the EU, with 46,000 from Africa and 76,000 from the "rest of the world".

Last year, just over a third of the rise in employment in Britain was attributed to people born abroad. In 2011, however, almost 80pc of new workers in the UK were born overseas.

Other figures published by the ONS showed that unemployment had risen for the third quarter in a row, from 15,000 to 2.52m, between January and March.

Wages went up by just 0.4 per cent, well below the 2.8pc level of consumer price inflation.

Mark Hoban, the employment minister, said the Government was "not complacent". He welcomed falls in the number of people claiming jobseeker's allowance and the number of young people out of work.

He also pointed to figures showing an increase in job vacancies for February to April 2013, up 40,000 compared with a year earlier to 503,000 and the highest since the end of 2008.

Mr Hoban said: "Whilst there has been a disappointing increase in the headline rate of unemployment, we shouldn't forget the progress we are making."

Liam Byrne, Labour's shadow work and pensions secretary, said: "We now have definitive proof the Government has simply failed to get Britain back to work."


Menu
Britain puts brake on slide in European car sales
MPs consider inquiry into London listing rules
Markets are on a crazy, sugar-fuelled journey
Help to Buy puts mortgage market at risk, says King
Sir Mervyn King attacks Osborne plan to boost housing market
UK exporters look beyond sluggish EU
BIS and IMF attacks on QE 'deeply misguided'
Germans blame eurozone crisis for Eurovision flop
'Economic case to stay in EU is overwhelming'
Inflation 'may hamper Carney, warns ITEM Club
Japan upgrades growth outlook
Paul Tucker risks row over bank rescue plans
EU arms second front in China trade war with Huawei probe
Attacks on tax avoidance 'could damage Britain'
Japanese growth could be 'sugar high'
Britain is already in trouble without the IMF making it worse
UK exit from EU would be 'loss/loss scenario', warns Goldman Sachs
Demanding clients get small firms investing at last
UK inflation: sharp fall eases household squeeze
Nigel Farage's biggest problem is Ukip doesn't do details
What next for inflation and interest rates?
Europe faces lost decade, says Mark Carney
Stocks are booming, so beware the bust
HMRC 'errors' cost country £5bn, say MPs