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The Latest Breaking News from Office for National Statistics

Net migration to UK hit record high of 906,000 in year to June 2023, revised figures show

ONS says net migration is now beginning to fall but remains high by ‘historic standards’

The Guardian - UK

Net migration drops 20% to 728,000 after hitting 906,000 peak

The Office for National Statistics published the revised figures on Thursday.

The Independent UK

Retailers prepare for cautious Christmas as a chill settles on consumers

A late Black Friday and a mild October mean seasonal sales have got off to a slow start, and hopes are not high

The Guardian - UK

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Energy bills, mortgages, food: will cost of living surge again under Labour?

The government claims to be fixing the economy but households may face more pressure in the months ahead

The Guardian - UK

Christmas means women have to spend more time and money to stay safe

IN FOCUS: December is a time for making merry, but if you are female, a night out can often also be fraught with fear. Olivia Petter investigates why so many women continue to feel frightened when out after dark, and asks whether government awareness campaigns and some of the language…

The Independent UK

Budget blamed for first contraction in private sector for a year

Fall in activity in November pinned on chancellor’s tax rises as official figures also show drop in October retail sales

The Guardian - UK

UK retail sales slide in October amid pre-Budget uncertainty

Retail sales volumes, which measure the quantity bought, decreased by 0.7% in October, the Office for National Statistics said.

The Independent UK

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FTSE 100 Live 22 November: Games Workshop surges on strong update, retail sales disappoint

Household budgets are in focus after October’s retail sales figures showed a sharp fall and Ofgem increased the energy price cap.

Evening Standard

Warning as figures show rise in young people not in education, jobs or training

The TUC says young people are paying the price of the Conservative Party’s ‘toxic economic legacy’.

Evening Standard

Debt interest and civil service pay deals pushed borrowing to £17.4bn last month

Borrowing rose to £17.4 billion last month marking the second highest October figure since monthly records began.

The Independent UK

Public sector pay rises and debt interest costs push up UK government borrowing; Bitcoin nears $100,000 – as it happened

UK records the second highest October borrowing since 1993, while crypto-friendly Trump pushes up bitcoin

The Guardian - UK

Mortgage pain fuels highest rise in home ownership costs in 30 years

Homeowners’ costs rose 7.4 per cent in the year to October, the highest rate since February 1992, figures from the Office for National Statistics show

The Independent UK

Inflation jumps to 2.3 per cent in sharpest increase for two years

UK inflation has risen to its highest level since April driven by an increase in household energy bills, according to official figures...

The National (Scotland)

Annual house price growth accelerated in September – ONS

Experts have also warned that Wednesday’s jump in inflation could bring further headaches for mortgage borrowers.

The Independent UK

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Evening Standard

Average cost of a London home drops by 0.5 per cent while UK price growth is on the rise

Experts warn that Wednesday’s jump in inflation could bring further headaches for mortgage borrowers

The Independent UK

Inflation jumps to 2.3% in sharpest increase for two years

The Office for National Statistics said Consumer Prices Index inflation rose to 2.3% for October, from 1.7% in the previous month.

Evening Standard

FTSE 100 Live 20 November: Sage sparkles, inflation rebound dents rate-sensitive stocks

Inflation’s rebound to an annual rate of 2.3% today dealt a setback to the outlook for lower interest rates.

The Guardian - UK

ONS may have ‘lost’ a million workers from job figures since pandemic

Resolution Foundation says figures are ‘overly pessimistic’ as people in work are less likely to answer survey

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news in one place.

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Evening Standard

Almost a million workers ‘lost’ by unreliable official data, claims think tank

The Resolution Foundation said the ONS has underestimated growth in employment by 930,000 workers since 2019.

The Guardian - UK

Housework to green energy: the new markers of growth in rival metric to GDP

Sustainability-focused inclusive income formula accounts for non-monetary factors overlooked in GDP, says ONS

Evening Standard

'Extremely challenging': London's richest borough consults on cuts as housing bill leaves £40m budget hole

Kensington and Chelsea council said it will need to make some ‘difficult decisions’ as it seeks to plug its budget hole

The Independent UK

Rachel Reeves targets trade deal with Donald Trump as UK economy stalls

As official figures showed economic growth stalling under Labour, Rachel Reeves said she wanted to boost trade with the US and ‘looks forward to working with president-elect Donald Trump’

Evening Standard

Economic growth slows to 0.1% between July and September

The quarterly estimate was behind economists’ predictions and comes as a blow to Chancellor Rachel Reeves.

The Independent UK

Bank of England chief to say UK must ‘rebuild relations’ following Brexit

Andrew Bailey will talk about the importance of economic growth at the annual Mansion House speech in the City of London.

International Business Times UK

ONS Report: UK Remote Workers Sleep 24 More Minutes And Work 10 Minutes Less Than In-Office Peers

ONS revealed remote civil servants sleep more, work less, and enjoy better work-life balance, while hybrid work reshapes productivity across the public sector.

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