Colors: Purple Color

New research placing Wolverhampton in the top 10 of the fastest-growing areas of the UK has been welcomed by the leader of the city council. Councillor Roger Lawrence was reacting to the UHY Hacker Young study which ranks the city as eighth for gross value added (GVA) - the value of goods and services it produces - between 2009 and 2013.

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.