Submitting.
That’s only just above the average for England but well above the rate of 3.9 per cent in the South East.
Moreover, given that this data does not cover the most recent lockdown period, it’s likely that we’ll see this number continue to rise next month, with the extension of the furlough scheme mitigating the worst losses.
Indeed, the NatWest Regional PMI for November, also released this week, showed that businesses across all regions had reported job losses in the last month. The survey also provided an insight into how businesses are currently performing and how they feel about the future outlook.