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The Latest Breaking News from Office for National Statistics

Tax hike fears mount after government borrowing jumps in May

The ONS said borrowing surged to £17.7 billion last month, the second highest figure on record for May

Evening Standard

High street hit as retail sales slump in month after "awful April" bill hikes

Food stores saw a particularly big fall with volumes down by 5%

Evening Standard

Government borrowing jumps despite boost from national insurance hike

The ONS said borrowing rose to £17.7 billion last month, the second highest figure on record for May.

The Independent UK

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UK grocery watchdog investigating Amazon over alleged supplier payment delays; company insolvencies jump – as it happened

Groceries Code Adjudicator calls on suppliers to share their experiences of working with Amazon

The Guardian - UK

UK retail sales slump in May after ‘dismal’ month for supermarkets

The Office for National Statistics said the total volume of retail sales fell by 2.7% in May – the biggest drop since the end of 2023.

Evening Standard

Fact check: AI-generated Israel-Iran posts and inflation confusion

Round-up of fact checks from the last week compiled by Full Fact.

Evening Standard

FTSE 100 nudges up ahead of Fed decision following broadly expected CPI data

The oil price fluctuated, with the Israel-Iran conflict entering its sixth day.

Evening Standard

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Voices: Who’s to blame for food price hikes – supermarkets or Rachel Reeves?

COMMENT: The retail giants point the finger at the chancellor’s business tax rises as food inflation jumps to 4.4 per cent – so, asks James Moore, are they right, and will mortgages and petrol pump prices be next?

The Independent UK

UK inflation to edge higher if oil prices push up energy costs, experts warn

Experts have said that inflation is set to remain elevated over the coming months, particularly if global oil prices continue to spike.

Evening Standard

House prices in every London borough after unexpected jump in average property value

The annual rate of house price growth fell to 3.5% in April, from 7.0% in March, the Office for National Statistics said.

Evening Standard

Annual house price growth halves as buyers reach stamp duty cliff edge

The annual rate of house price growth fell to 3.5% in April, from 7.0% in March, the Office for National Statistics said.

The Independent UK

UK Inflation Dips Less Than Expected In May

British inflation eased less than expected in May after surging in April, official data showed Wednesday, fuelling expectations that the Bank of England will hold interest rates steady this week.

International Business Times

This is the reason why inflation figures are being reported differently today

The discrepancy is to do with a mistake in April’s figures linked to vehicle excise duty.

The Independent UK

Why the latest official UK inflation figures are not what they seem

The discrepancy is to do with a mistake in April’s figures linked to vehicle excise duty.

Evening Standard

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Evening Standard

UK inflation higher than forecast in May amid rising food prices

The rate of Consumer Prices Index inflation fell to 3.4% in May from 3.5% in April, the Office for National Statistics (ONS) said.

The Independent UK

UK inflation rate holds as air fares and fuel prices decrease – but risk remains

At 3.4 per cent inflation remains far above the Bank of England’s target

Evening Standard

UK inflation set to cool as prices settle following April bill rises

The rate of Consumer Prices Index inflation is expected to have fallen to 3.3% in May, from 3.5% in April, according to a consensus of analysts.

Evening Standard

Planning under way for 2031 census of England and Wales

Some 97% of households completed the most recent census in March 2021.

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The Independent UK

Study reveals employment ‘bias’ against women suffering pregnancy loss

IN FULL

The Independent UK

Women lose up to £14,000 in earnings after miscarriage or stillbirth

Data from ONS shows women who suffer stillbirths are worst hit in employment earning terms

Evening Standard

Exports to US slump at record pace in ‘payback’ after rush ahead of tariff hikes

The Office for National Statistics said the value of goods exported to America tumbled by £2 billion in April – the fastest pace since records began.

Evening Standard

Economy shrinks by more than expected amid record fall in exports to the US

Exports to America fell at the fastest pace on record, down £2 billion in April, according to the ONS.

Evening Standard

UK economy shrinks by more than expected in April – ONS

Gross domestic product fell by 0.3% in April, compared with growth of 0.2% in March.

The Guardian - UK

Hybrid working out of reach for poor and low-skilled workers, says ONS

Such shift patterns are now the ‘new normal’ for more than a quarter of workers in Great Britain, figures show

The Independent UK

Voices: Is Rachel Reeves a toxic influence in the workplace?

COMMENT : The number of job vacancies has taken a tumble just as the unemployment rate hits a four-year high – which is exactly what happens when you make it more expensive to take people on, says James Moore

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