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The Latest Breaking News from Office for National Statistics

Tax rises at autumn Budget ‘inevitable’ after borrowing soars, experts warn

The Office for National Statistics data showed Government borrowing hit £18 billion last month, marking the highest August borrowing for five years.

Evening Standard

Warm weather boosts clothing sales and bakery trips in August

The Office for National Statistics (ONS) said the total volume of retail sales is estimated to have risen by 0.5% in August.

Evening Standard

Pound slides after UK government borrowing jumps in August and insolvencies rise – as it happened

Rolling coverage of the latest economic and financial news, as August borrowing hits highest level since 2020

The Guardian - UK

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House price growth cools as experts issue warning

The average UK property value now stands at £270,000

The Independent UK

House price growth cools as ‘pressures from mortgages and rental prices bite’

The average UK house price increased by 2.8 per cent in the 12 months to July, slowing from 3.6 per cent in the year to June

Evening Standard

UK overall inflation remains at 3.8% in August, but food price growth climbs for fifth month in a row - as it happened

Food prices rise at fastest rate since January 2024 with vegetables, milk, cheese and fish going up; US Federal Reserve widely expected to cut rates later today

The Guardian - UK

UK inflation remains at 3.8% but food price rises accelerate for another month

The rate of Consumer Prices Index was 3.8% in August, the same as July, the Office for National Statistics said.

Evening Standard

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UK inflation holds steady at 3.8% as fuel prices offset falling air fares

Annual August rate released as Bank of England considers holding interest rate at 4% to tackle rising prices

The Guardian - UK

UK pay growth stays high – but Britons are feeling the pinch

Firms are reluctant to hire and unemployment is rising, as inflation dulls the impact of higher wages

The Guardian - UK

Government payroll surges to record 4.04 million on NHS and civil service hiring spree

But state pensioners can look forward to £560 pay rise next April as wage growth stays above inflation

Evening Standard

State pension on course for inflation-busting 4.7% rise under triple lock; JLR production shutdown extended again – as it happened

“Pensioners will be rejoicing at the prospect of an inflation-busting rise to the state pension from April next year,” says analyst

The Guardian - UK

Wage growth falls to lowest since 2022 as jobs market continues to falter

The Office for National Statistics said regular wage growth, excluding bonuses, dropped to 4.8% in the three months to July.

Evening Standard

UK state pension likely to rise by 4.7% under triple lock

Increase will put further pressure on Rachel Reeves as ONS figures show pay growth slowing and job losses rising

The Guardian - UK

The impossible cost of getting on the housing ladder revealed – and why Gen-Z may never own a home

SPECIAL REPORT : Research by the Independent shows first-time buyers are forking out 10 times more cash for home deposits than they were 30 years ago, while average rents eat up half the average income. Alicja Hagopian reports

The Independent UK

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The Guardian - UK

What do the immigration figures for the UK really show?

Official figures indicate net migration is falling, yet concern among Britons is close to the highest it has been since polling began in 1974

Evening Standard

UK exports to US remain below pre-tariff levels despite improvement

Figures from the Office for National Statistics showed that exports to the US rose by £0.8 billion to £4.7 billion in July.

Euronews

UK Tube strike: Train drivers earn more than barristers and judges

The Tube strike in London has had a major impact on commuters as transport union members fight for better pay and conditions. Euronews Business takes a closer look at salaries in the rail sector, comparing them with a range of other professions.

Evening Standard

New suicide prevention training rolled out to NHS mental health staff

The course includes advice on how to recognise and support patients in crisis.

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The Independent UK

Mapped: The areas where housebuilding has fallen hardest revealed

Data on the number of homes completed in the year up to March suggests some council areas are struggling to keep up with demand

The Independent UK

Fact check: Has unemployment risen ‘every single month’ under Labour?

Full Fact looks at the numbers after a claim from several Conservative MPs, including the party’s leader Kemi Badenoch.

The Guardian - UK

School absence a big factor in child mental illness in England, data shows

Loughborough University and ONS study of 1 million school-age children reveals risks increase with longer absence

Evening Standard

About 160 student suicides each year with male undergraduates ‘at greatest risk’

The findings have been published by the Office for National Statistics and are the first of their kind.

The Guardian - UK

‘I say where I’m from and they tell me they’re sorry’: growing up in the most deprived place in England

The faded resorts and coastal towns of Tendring in Essex offer few job opportunities but many of its 20-somethings are set on finding their way in an area with one of England’s oldest populations

The Independent UK

Morrisons cuts cost of hundreds of everyday essentials

The price changes will be available both in store and online.

Euronews

Academic research shows UK gender gap underestimated in official data for decades

The gender pay gap in the UK is more than twice that of France and Spain. New research suggests the gap is one percentage point higher than official figures.

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