Work and Pensions Secretary Damian Green responded to the ‘remarkable’ employment figures: “This shows that there are more people in work than at any other point in our history, which is fantastic news as we build a Britain that works for everybody, not just the privileged few.
“We’ve entered a period of significant change, but when it comes to our jobs market we’re in a position of strength, with over 2.6 million more people in work than there were in 2010, the number of workless households cut to an all-time low, 750,000 vacancies in the economy and wages rising too.
“Our job now is to build on this success story so that everybody can benefit from the opportunities that are being created regardless of who they are or where they come from. Encouragingly, employment has risen in all regions and nations of the UK over the last year.”
Separately, estate agents reported that interest in the UK property market from overseas buyers was up 50 per cent since the Brexit vote, largely credited to the fall in the pound making such investments cheaper for foreign and expat buyers.
The reports belied predictions the referendum result would scare off foreign buyers.