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Increase in vacancies across UK

Increase in vacancies across UK

The jobs market showed record growth last month, with every region of the UK showing an increase in vacancies, according to a new report.

Employment group Reed said there was a 12% rise last month in posts advertised on its jobs website, which includes jobs from other recruiters.

The findings revealed average salaries fell by 2.5% over the past year.

l Non-executive chairmen of top companies received average pay rises of 6% last year, taking their earnings to almost £400,000, a new study has revealed.

Pay analysts Incomes Data Services said its research among FTSE firms showed average fees ranged from £270,000 in technology businesses to more than half a million pounds in oil and gas firms.

l The number of business insolvencies has hit its lowest level for almost six years, according to new research.

Experian said 1,271 companies failed in January, 0.06% of total businesses, down from 0.08% at the end of 2012.

l Firms have ambitious plans for growth but are not investing enough amid continuing problems with accessing finance, according to a new report following a survey of 250 manufacturers by manufacturers’ organisation EEF.