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The Latest Breaking News from Office for National Statistics

Budget could cost hospitality another 100,000 jobs warns industry boss

Workers aged 16 to 24 make up 10% of the country's total workforce but account for about half the workers in some hospitality roles

Evening Standard

Young people are ‘quiet quitting’ the UK – but where are they going and is it really any better?

LET’S UNPACK THAT: As new stats reveal that Gen Z are leaving the UK in droves, Helen Coffey digs into the suprising hot new locations to set up shop, and whether the expat reality lives up to the dream

The Independent UK

Rate of business closures in the UK falls to lowest level since 2016

Data from the Office for National Statistics reveals around 280,000 businesses across the UK closed in 2024, down from 310,000 in 2023.

Evening Standard

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Labour warned of fresh economic hit as Brexit accelerates high-skilled ‘brain drain’ from UK

‘None’ of the Labour chancellor’s measures will ‘have a material effect’ on growth, Richard Hughes, the chair of the OBR, has said

The Independent UK

Use shop loyalty cards, invest, switch savings accounts: six ways to tackle inflation

Prices are rising on everything from energy to food – but there are ways to cushion the impact

The Guardian - UK

Eastern Europeans going home is driving exodus of UK citizens

Poland and Romania recorded the highest increase in Britons arriving in the past four years, new data shows

Evening Standard

Net migration has dropped to pre-Brexit levels – why it may not be enough to satisfy voters

Net migration to the UK has fallen to levels last seen before Brexit. The latest ONS figures show net migration reached just over 200,000 in the year ending in June. This marks a 78% decline over the past two years, from a peak of more than 900,000.

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A shackled economy, no long-term vision for growth — and no help for London

Once again the capital did not get a single mention in the Chancellor’s speech

Evening Standard

Starmer hails drop in migration as visa numbers plunge after rule changes

Sir Keir Starmer described the news that net migration has fallen to its lowest annual figure since 2021 as a ‘step in the right direction’

Evening Standard

Net migration drop ‘step in the right direction’ – Starmer

Net migration peaked at a record 944,000 in the year to March 2023 but has fallen sharply since then.

Evening Standard

Net migration to the UK: Key numbers and trends

The steep fall in the latest figures is part of a downwards trend that has been under way since 2023.

The Independent UK

Net migration to UK drops 69% year on year, ONS figures show

Figure of 204,000 in 12 months to June 2025 is lowest since 2021, statistics body says

The Guardian - UK

Net migration falls to lowest annual figure since 2021, new estimates suggest

Latest figures show the number dropped to 204,000 in the year to June 2025, down 69% year-on-year from 649,000.

Evening Standard

Net migration to UK drops by two-thirds as fewer people come to Britain for work or study

Fewer non-EU nationals are coming to the UK while more EU and British nationals are leaving the country - driving the lowest annual figure since 2021

The Independent UK

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Evening Standard

More than half of London's full-time employees to be clobbered by 40% tax by 2027

More than half of London’s full-time employees will be paying higher rate 40% income tax on their salaries by the time of the next election, analysis by the Standard has revealed.

Euronews

Remote and hybrid work can boost employment, says UK parliament report

Parents, carers, and people with disabilities stand to benefit most from more flexible work options, according to a new UK parliament report, as unemployment is rising in the UK.

Evening Standard

Veteran retail boss says Budget timing 'could not be worse' for struggling sector

Monsoon Accessorize founder’s criticism came as he revealed as return to profits despite ‘many headwinds’

Evening Standard

Key economic data and trends that will shape Rachel Reeves’ Budget

Government borrowing for the current financial year is the highest on record outside the Covid-19 pandemic.

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Evening Standard

UK private sector growth slows due to business caution ahead of Budget

The S&P Global flash UK composite purchasing managers’ index (PMI) reported a reading of 50.5 in November, slipping from 52.2.

Evening Standard

Budget cannot see UK ‘muddle through’, says Reeves

The Chancellor stressed that the UK must take a ‘different path’ on the economy.

The Independent UK

Retail sales fall unexpectedly in October amid Budget hit to consumer confidence

Official figures showed retail sales by volume fell 1.1% during October, following an upwardly revised increase of 0.7% in September.

The Guardian - UK

UK retail sales drop unexpectedly as shoppers await Black Friday and budget

Supermarkets, clothing stores and online mail order firms suffer sales declines as consumers delay purchases

Evening Standard

FTSE 100 Live 21 November: Market sell-off continues, UK output below forecast

The last major economic releases before the Budget today added to pressure on Chancellor Rachel Reeves.

The Independent UK

Bad news for property owners as house price growth slows

Average UK house price is now £272,000, according to the ONS

Evening Standard

‘Difficult news’ for homeowners as house price growth slows

The average UK house price is now around £272,000, the Office for National Statistics said.

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