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The Latest Breaking News from Office for National Statistics

First-time buyers look beyond London to get on property ladder

In 2023, 12.7 per cent of first-time buyer mortgages were taken out for homes located in London, down from 16.8 per cent a decade earlier

Evening Standard

UK life expectancy yet to recover to pre-pandemic levels

The estimates continue to reflect the impact of the Covid-19 pandemic.

Evening Standard

Yoga mats, men’s sliders and VR headsets added to UK’s inflation tracker as prices rise

Pulled pork and yoga mats are among the new additions, reflecting evolving consumer spending

The Independent UK

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VR headsets, yoga mats and pool sliders added to UK ‘inflation basket’

Pulled pork replaces oven-ready gammon joints, and local newspaper adverts are out on ONS list

The Guardian - UK

VR headset and yoga mat added to basket of items used to track UK inflation

The Office for National Statistics said its inflation basket of goods show how consumer spending has evolved over the years.

Evening Standard

Gold hits record high over $3,000 amid rising geopolitical tensions; Thames Water receives six takeover offers – as it happened

Rolling coverage of the latest economic and financial news, as gold hits $3,027 per ounce

The Guardian - UK

Millennials and Gen-Zs more likely to quit work over mental health concerns

Employees under the age of 35 were more likely than their older counterparts to exit the workforce because of mental health challenges

Evening Standard

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A quarter of young workers have considered quitting due to mental health issues

People under 35 were more likely to quit workforce because of mental health challenges

The Independent UK

UK economy shrinks in first month of 2025 in setback for Rachel Reeves

The UK economy has shrunk in the first month of 2025 in a setback for Chancellor Rachel Reeves ...

The National (Scotland)

Shrinking economy offers unhelpful backdrop for Rachel Reeves’s growth push

GDP goes in wrong direction as chancellor puts final touches to fiscal plans

The Guardian - UK

Sky News Interrupts for Breaking Update in Major Blow to Rachel Reeves and Keir Starmer

The Fashion Central

Chancellor ‘determined to turn around’ economy amid surprise fall in GDP

Figures revealed a surprise contraction in the economy in January, in a blow to Rachel Reeves ahead of her spring statement.

Evening Standard

UK economy unexpectedly shrank by 0.1% in January in blow to Rachel Reeves

The slowdown in January piles further pressure on Rachel Reeves and Sir Keir Starmer ahead off this month’s spring statement

The Independent UK

UK economy contracts in January amid faltering production sector

The latest economic figures for January came after a surprise leap in growth before Christmas.

The Independent UK

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Evening Standard

What jobs are most at risk from AI? What new research and chatbot have to say about the future of work

Tech pros give reasons to be optimistic about the future

The Guardian - UK

Overloaded website prevents UK statistics agency from releasing economic data after markets open

The release of economic data was moved to 7am in 2020, and research has suggested that if the time was reverted, the ONS website could crash

The Independent UK

Economic growth forecast to slow amid fears over US tariffs on whisky

Ernst & Young LLP also warned employer national insurance increases could affect investment and hiring decisions.

Evening Standard

Dealmaking slumps in UK amid higher taxes and trade uncertainty

The fall came during a period in which Labour unveiled higher taxes for firms and Donald Trump won the US election promising global trade tariffs.

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Evening Standard

Retail sales bounce back in January as supermarkets see biggest rise since pandemic

Retail sales jumped 1.7% at the start of the year driven by food shopping and online spending

Evening Standard

New estimates reveal children’s knife crime fears

The latest research is based on estimates from the 10 to 15-year-olds Crime Survey for England and Wales in the year ending March 2024.

Evening Standard

Unemployment rate in London is worst in UK, with more than 1.3m adults 'economically inactive'

Revealed: the London MPs with most constituents claiming unemployment benefits

The Independent UK

Inflation jumps to 10-month high, knocking chance of early interest rate cut

Consumer Prices Index (CPI) inflation rose to 3% in January from 2.5% in December.

Evening Standard

Sub-4% mortgage rates ‘may be first to go’ following unexpected inflation jump

Annual house price growth accelerated to 4.6% in December, but some experts said inflation figures released on Wednesday could affect mortgage rates.

The Guardian - UK

Glencore considers ditching UK stock market listing; air fares, food and private school fees push UK inflation to 3% – as it happened

Glencore considering move to New York or elsewhere where it can ‘get the right valuation;’ UK inflation rises more than expected as meat, bread and cereals become dearer

Evening Standard

Rate of inflation jumps to 3% in January in bigger than expected rise

Fuel and VAT on private school bills fuel the Consumer Prices Index

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