As the economy recovers, the UK Coalition Government is looking to the private sector to drive growth and, more importantly, job creation. And the good news is that there are over two million more people now employed in the private sector across the UK since the last general election. That is an increase of 9 per cent over the last four years and there is now a record 25 million people employed by private firms in the UK. By region, the biggest growth has been recorded by Yorkshire and Humberside and London, both with an increase of around 14 per cent. In contrast, the two worst performing regions have been the North West of England and Wales, with a growth of just over six per cent. However, this still means that 60,000 jobs have been created within Welsh businesses since May 2010 and there are now more a million people working for the private sector in Wales, higher than at any other time in the economic history of the nation. Of course, whilst businesses are getting on w...
Entrepreneurship, innovation and the economy