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UK unemployment rises to 2.52 million

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UK unemployment has risen to 2.52 million, the Office for National Statistics (ONS) has said.

ONS figures showed 15,000 more people were unemployed in the three months to the end of March, with the unemployment rate now at 7.8%.

Jobseeker’s Allowance claimants fell by 7,300 last month to 1.52 million.

But despite this an ONS spokesman told the BBC the figures suggest the recent period of falling unemployment “seems to have come to an end”.

Growth in average earnings is also slowing, the ONS figures suggest.

Average earnings increased by 0.4% in the year to March, compared with a rate of 0.8% in the previous month.

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Conference football club avoids administration

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Newly promoted Conference side Salisbury City Football Club has settled its debts with HM Revenue & Customs (HMRC) and a winding up order filed on 8 May is to be dismissed.

The Wiltshire club – which was promoted to the fifth tier of English football at the end of this season – was contacted on 2 May byHMRC for a total debt of £27,529, consisting of two months of PAYEand VAT from one quarter.

In a statement made on 10 May, the club stated that it had paid the VAT and one month’s PAYE totalling £27,539.

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Many Internet Service Providers are in financial difficulty

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New results show a substantial increase in the number of UK based Internet Service Providers that are in financial difficulty. The latest accounts have been added for each of the 182 companies analysed in the Plimsoll Analysis and the results are conclusive.

The new market report has rated 58 of the UK’s largest Internet Service Providers as in “Danger”. With the same report also rating 78 of their competitors as “Strong”, it seems that many of the industry’s biggest companies are getting their strategy wrong and may need to change their current direction.

 

 

Scottish Coal: Liquidators ‘in talks with interested parties’

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Liquidators handling the collapse of one of Scotland’s biggest coal-mining firms have confirmed they are in talks with parties who have expressed interest in parts of the business.

Scottish Coal went into liquidation earlier this month, with the loss of almost 600 jobs.

KPMG said it was assessing the interest shown and continuing discussions with various unnamed parties.

It added, however, that the likely final outcome was “far from clear”.

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