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The Latest Breaking News from Office for National Statistics

ONS dealing with 20% staf exodus weeks after facing strikes over return to office orders

Headcount has dipped at the ONS at the same time as the stats body fights with staff over office attendance.

Fortune

Soaring costs of dementia care demand urgent action

City Voices: Dementia research still receives less funding than many other conditions

Evening Standard

Washout for UK retailers in pre-election blow for Rishi Sunak

Retail sales across the UK plunged by 2.3 per cent in April, following a 0.2 per fall in March, figures revealed

The Independent UK

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Retail sales tumble across Britain amid cost of living squeeze and wet weather; energy price cap falls 7% – as it happened

Retail sales slumped by more than expected in April as rain kept shoppers away from the high street

The Guardian - UK

No deportations to Rwanda before July 4 despite millions spent, Rishi Sunak says

NO asylum seekers will be deported to Rwanda before the General Election on July 4, Rishi Sunak has confirmed – essentially guaranteeing that the…

The National (Scotland)

Where the inflation and national debt figures leave Sunak’s five priorities

Most of the Prime Minister’s five priorities had not been achieved by the end of last year.

The Independent UK

Jeremy Hunt’s tax cut plans face setback as government borrowing tops £20bn

ONS says budget deficit £1.5bn higher than previous year due to increased spending on benefits and weaker tax revenues

The Guardian - UK

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UK house prices rise for the first time in a year, new ONS figures reveal

Average house price across the UK are now £283,000, according to the ONS

The Independent UK

Blow to interest rate cut hopes as inflation remains above Bank of England target

The sharp fall in the Consumer Prices Index was driven by the lower energy price cap an lower food bills

Evening Standard

Nine in ten pensions get worse returns than simple all-share tracker fund

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Evening Standard

Jeremy Hunt and Mel Stride warn against benefits ‘lifestyle choice’

Ministers ramp up anti-welfare rhetoric a day after data showed increase in UK unemployment

The Guardian - UK

Jeremy Hunt hails wage rises outstripping inflation for 10th month in a row as economy bounces back

Official figures on the ‘wages recovery’ come just days after GDP growth jumped 0.6% in first three months of the year

Evening Standard

UK real pay grows at fastest rate in two years as unemployment rises

Figures provide mixed message for Bank of England when it considers interest rate cut next month

The Guardian - UK

Bank of England chief economist hints at summer rate cut; Tesco CEO’s pay doubles to nearly £10m– as it happened

Latest UK labour market report shows more people out of work, or economically inactive, but wage growth remains higher than inflation

The Guardian - UK

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The Guardian - UK

The cost of living crisis has made the UK a poorer, more anxious nation – and worse is yet to come

Instead of buy-one-get-one-free offers, everyday life now involves carefully comparing prices and feeling increasingly powerless, says Guardian columnist Andy Beckett

The Guardian - UK

FTSE 100 hits record closing high again, despite BoE chief economist warning against cutting interest rates too soon – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Heavier drinking during Covid led to 2,500 more deaths from alcohol in 2022 – ONS

Official UK figures show 33% jump in deaths from alcohol-specific causes from 2019 – the highest since records began in 2001

The Guardian - UK

Carers describe ‘avalanche of utter stress’ from DWP clawing back benefits

Department under fire for forcing people to repay huge sums as data shows widespread ill health among those caring for relatives

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news in one place.

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The Guardian - UK

Pound drops as Bank of England deputy governor sees lower inflation ahead – as it happened

Rolling coverage of the latest economic and financial news

Evening Standard

London rents 'out of control' with a record-breaking 11 per cent rise in a year

Rental increases have far outstripped wage growth according to latest figures

Evening Standard

OPINION - Born after 2009? Rishi Sunak says you can't smoke. Ever.

It is sometimes said of the political Left that it wants everything to be filtered into three categories: free, illegal or obligatory. To which Rishi Sunak says: hold my Mexican Coke. The prime minister's proposal to ban young people from being ever able to legally smoke passed its first Commons hurdle last night,…

Evening Standard

June interest rate cut looks unlikely as smaller fall in inflation 'puts spanner in the works'

The disappointing “miss” immediately sent financial markets scrambling to reassess their projections of the timing of the first move on rates by the Bank of England

Top News

UK House Prices Show Smallest Drop In Eight Months

UK house prices show signs of stabilization with a modest decline, reflecting economic uncertainties. Regional variations persist.

Evening Standard

UK inflation rate dips to 30-month low of 3.2% in March

That’s a little higher than economists had expected

The Guardian - UK

Middle East oil shock would lead to higher interest rates, warns IMF; FTSE 100’s worst day in nine months – as it happened

IMF scenario shows how a 15% jump in oil prices would push up global inflation by 0.7 percentage points

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