Colors: Purple Color

Latest employment figures released today serve to illustrate the strength of businesses in the West Midlands, according to Greg Lowson, president of Birmingham Chamber. During the period between December of last year and March 2015, 40,000 new jobs were created in the West Midlands – the largest increase of any region in the UK.

"As expected, UK deflation has been short-lived. Inflation is back in positive territory. As the big falls in oil prices drop out of the annual rate in the autumn, inflation should move back towards the 2% target." commented Andrew Sentance, Senior Economic Adviser to professional services network, PricewaterhouseCooper on the new inflation figures.