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Evening Standard
Evening Standard
Business
Oscar Williams-Grut

FTSE 100 live: UK unemployment drops, Vodafone, Land Securities and Imperial Brands report

UK unemployment has come in lower than expected, completing the pandemic jobs miracle enabled by the furlough scheme.

The UK’s jobless rate came in at 4.3% in September, down from 4.5% a month earlier and below expectations of 4.4%. The numbers suggest the end of the furlough scheme that month did not derail the UK’s jobs recovery.

UK Chancellor Rishi Sunak says: “Today’s numbers are testament to the extraordinary success of the furlough scheme and welcome evidence that our Plan for Jobs has worked.

“Our Plan for Jobs is at the heart of our vision for a stronger economy for the British people, with schemes like Kickstart and Sector Based Work Academies continuing to create opportunities for people up and down the country.”

Also today, Vodafone and tobacco company Imperial Brands have half-year results and Land Securities has full-year numbers.

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