Good news as unemployment falls in Portsmouth area

New figures have shown a drop in unemployment in Portsmouth, Havant, Fareham and Gosport.
The latest Labour Market statistics from the Office for National Statistics (ONS) placed the number of people claiming JobSeeker’s Allowance in Portsmouth at 1,945 – down by 455 from 2,060.
In Gosport, this number fell to 535 from 565 last month, in Havant it fell to 990 from 1,070 last month and in Fareham the figure dropped to 420 from 455.
Nationally, unemployment rates across the UK fell to their lowest in over a decade – to 5%. There are nearly 31.6m people in work.
The South East has the highest employment rate of any UK region with over 4.5m people in work.
The Portsmouth News carries a great story about the figures at
We’ve played our part by employing more staff as part of our ongoing recruitment drive – including our new director of operations Sam Rix.
We’ve also seen a tightening of the labour market which makes it more difficult – but extremely important – to find the right people.
We’re still looking for new staff, including experienced residential surveyors, administrative assistants and mechanical engineers as well as professionals to join our inhouse structural engineering division.
High employment rates are crucial for the health of the economy and local communities such as ours – we hope the trend continues as we move through the rest of the year.
There were also inflation and property price statistics published this week.
Inflation, as measured by the Consumer Prices Index, remained unchanged in May at 0.3%, according to the ONS.
The ONS suggested that the rate stayed low as a fall in the price of clothing offset rising transport costs.
With the Bank of England’s inflation target of 2% still some way off, interest rates are likely to remain unchanged for some time.
You can read more here:
Record low interest rates are good news for homebuyers looking to secure competitive mortgage deals.
A new measure of property prices – the UK House Price Index – has also just announced new statistics.
It has shown property prices rising in all parts of the UK over the past year – with London prices climbing 14.5%.
Prices rose 8.2% nationwide in the year to April, taking the average UK property value to £209,054.
The new index comprises figures collated by the Office for National Statistics based on data from the Land Registry, Register of Scotland, Land and Property Services, Northern Ireland and the Valuation Office Agency.
There are many property price indexes around although this new measure must be surely one of the more accurate as it is based on official figures from house sales.
You can read more here:
Don’t forget we offer a wide range of high quality and professional property related services – including expert surveys of all kinds and structural engineering.
Speak to one of our friendly and knowledgeable team on 02392 697193 or email for more details for more details about our services and employment opportunities.
You can also like us on Facebook, follow us on Twitter under @McAndrewMartin and connect with us on LinkedIn under our name.
And, have a great weekend – whatever you are up to.

New figures have shown a drop in unemployment in Portsmouth, Havant, Fareham and Gosport. The latest Labour Market statistics from…

11th June 2024

Is your supply chain secure?

Disruption of critical infrastructure is becoming more and more prevalent with hackers targeting UK Government departments directly, with recent high profile and high impact attacks on the NHS (link) and UK MOD Payroll (link). Whilst the obvious targets would seem to be in the defence environment, hackers are looking to…
4th June 2024

McAndrew Martin proudly supports Thomas Bennett CC Fundraiser

McAndrew Martin proudly supports Thomas Bennett CC Fundraiser for St Catherine’s Hospice At McAndrew Martin, we believe in supporting our local communities. Recently, we were approached by our client, BAM FM, with a request to support the inspiring children of Thomas Bennett CC about sponsoring their efforts to raise funds…
28th May 2024

Empowering Future Engineers: Max Marshall inspires students at TBS, Ascension Island

At McAndrew Martin, we believe in nurturing curiosity and inspiring the next generation of engineers. Recently, our very own graduate engineer, Max Marshall, visited TBS (Two Boats School) on Ascension Island to engage with Year 11 students, to shed light on the fascinating realm of structural engineering. Max, who has…
23rd April 2024

Mc Andrew Martin Limited has been awarded a place on the Framework for Worldwide Electrical Inspection & Testing Programme

We are delighted to announce that following a rigorous tender process, Mc Andrew Martin Limited has been awarded a place on the Framework for Worldwide Electrical Inspection & Testing Programme in the Asia region covering a range of FCDO assets in some highly prestigious countries such as Hong Kong, Malaysia…
15th April 2024

A Glimpse into the Minds of our winners of the McAndrew Martin Ltd Staff Awards

As we celebrate the successes of the past year at MML, it’s time to recognise the outstanding individuals who have played a pivotal role in our achievements. Today, we have the privilege of hearing from some of our award winners as they share their thoughts and reflections. Lee Sergeant –…
4th April 2024

Bastion Protects as Partner of the Year

At our recent End of FY Presentation event, MML were delighted to invite our trusted partner Bastion Protects and present them with the award for MML’s Partner of the Year.Over the past 12 months, MML and Bastion Protects have joined forces on over 100 projects throughout the UK, consistently surpassing…
4th April 2024

McAndrew Martin Ltd completes MBO, backed by private equity firm Roycian Ltd

Roycian, the Private Equity firm backed by a portfolio of private investors and family offices, completes £7million MBO of specialist property services business, McAndrew Martin Ltd. Founded in 1989 by Bill McAndrew, McAndrew Martin is an award-winning, multi-disciplinary property services business, with its headquarters in Cosham, Hampshire. The business provides…
21st March 2024

Welcoming Dave Sykes as Director of Security

McAndrew Martin Ltd is excited to announce that David Sykes has joined our team as Director of Security to lead our new Security consultancy business. With 22 years in the British Army in security and intelligence roles, and a further 11 years supporting blue chip clients in UK, Dave brings a wealth…
13th March 2024

McAndrew Martin Ltd.’s Inaugural Staff Awards Ceremony

The inaugural Staff Awards Ceremony, hosted at the Portsmouth Marriott Hotel, marked a significant milestone in McAndrew Martin Ltd.’s history. Employees gathered for an afternoon dedicated to celebrating staff members’ efforts and providing crucial updates on the company’s direction. Here’s a brief recap of the afternoon: Bill McAndrew, our founder,…