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The Latest Breaking News from Office for National Statistics

Rachel Reeves hit by major new setback as 0.1% GDP growth disappoints

The growth will do little to ease fears of a possible technical recession for the UK economy over the winter

Evening Standard

Why has inflation fallen and why is this good news for the Government?

The latest data has raised expectations that the Bank of England could cut UK interest rates again next month.

Evening Standard

London was the only UK region to see house price falls in year to November 2024

A surprise slowing in inflation has boosted hopes that mortgage rates could ease

Evening Standard

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Annual UK house price growth accelerated in November – ONS

A surprise slowing in inflation has also boosted hopes that mortgage rates could ease.

The Independent UK

UK Inflation Dips, Easing Some Pressure On Government

Britain's annual inflation rate unexpectedly fell to 2.5 percent last month, official data showed Wednesday, easing some pressure on the Labour government faced with economic unrest.

International Business Times

Surprise inflation dip provides ‘respite’ for Chancellor amid market turmoil

Chancellor of the Exchequer Rachel Reeves said she will ‘fight every day’ to improve people’s living standards.

Evening Standard

UK inflation unexpectedly falls to 2.5% in December

The rate of Consumer Prices Index inflation fell to 2.5% in December from 2.6% in November, the Office for National Statistics said.

Evening Standard

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Post-Christmas blues as UK bosses try to turn back clock on hybrid working

Amazon mandates full five days and BT and Asda want staff in the office three times a week – but not everyone is convinced

The Guardian - UK

Working from roam: more people logging on from UK airports and railway stations

Birmingham airport and Liverpool Street station are among hubs where visits are up, says office provider

The Guardian - UK

‘It’s a huge problem’: what’s gone wrong at the ONS and why does it matter?

The UK’s number-crunching body is still playing catchup over job figures after the pandemic, with validity of survey data being questioned

The Guardian - UK

'Broke Brexit Britain': Scotland reacts as UK economic growth hits a wall

JOHN Swinney has insisted Labour will only make the economy worse with a hike to employers’ National Insurance contributions after revised figures…

The National (Scotland)

Blow for Rachel Reeves as zero growth puts UK on brink of recession

Figures from the ONS show no growth took place between July and September

The Independent UK

UK economy failed to grow in third quarter of 2024

Revised figures from the Office for National Statistics reduced previous estimates of 0.1% growth between July and September.

The Independent UK

UK economy flatlining as business leaders fear recession in wake of Labour's Budget

Figures come as a major survey found businesses expect to reduce both output and hiring

Evening Standard

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The Guardian - UK

UK growth revised down to zero; firms warn economy is heading for ‘worst of all worlds’ – as it happened

UK GDP flatlined in the July-September quarter, ONS reports, as companies warn October budget has hurt economy too

The Guardian - UK

UK house price predictions for 2025: with pay rising and rates falling, they’ll just keep going up

Nothing seems to stop the relentless march of property values, even with a stamp duty increase looming

The Independent UK

Fact check: Misleading Google search results on UK asylum seeker crime rate

Full Fact has seen what appear to be screenshots of Google results on this topic shared on social media in recent months.

The Guardian - UK

Retail sales in Great Britain weaker than expected despite early Black Friday deals

Sales volumes up 0.2% month on month in November but economists had forecast 0.5% rise

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The Guardian - UK

FTSE 100 share index records biggest weekly loss in a year, as US shutdown fears hit markets – as it happened

Rolling coverage of the latest economic and financial news

The Independent UK

UK retail sales improve despite weaker trading at clothing stores

Economists said growth among supermarkets helped to offset a weaker period for the clothing sector.

The Independent UK

Government borrowing falls to lowest November level in three years

Rising tax receipts and lower public sector interest payments offset higher spending on public services, in a boost for chancellor Rachel Reeves.

Evening Standard

House prices, stamp duty and moving costs see Londoners stay in homes far longer than UK average

Rising costs and ‘marathon mortgages’ are also among reasons why London homeowners delay moves

The Independent UK

Mapped: How much rents have gone up in your region as prices hit record high

Office of National Statistics figures show annual growth in private rental prices accelerated to 9.1 per cent in November, from 8.7 per cent in October

International Business Times

Further Hike In UK Inflation Hits Rate Cut Chance

UK annual inflation climbed further above the Bank of England's target rate in November, official data showed Wednesday, firming expectations that it will avoid cutting interest rates this week.

Evening Standard

House price growth accelerates as London rents reach record highs

The figures were released on the day the ONS said Consumer Prices Index inflation rose to 2.6 per cent in November

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