UK employee numbers surge above pre-pandemic level

Irish Times | Sep 14, 2021 at 12:14 PM
  • British employers added a record 241,000 staff last month, lifting the total number of employees on company payrolls to just above the level before Britain first went into a Covid-19 lockdown last year, official data showed on Tuesday.
  • British government bond yields rose after the data – with the two-year benchmark touching its highest since the start of the pandemic – as the figures revived questions about when the Bank of England might start to raise interest rates.
  • During the three months to July, the number of people in employment, which includes the self-employed as well as employees, rose by 183,000 to 32.4 million, broadly in line with forecasts.