The Latest Breaking News from Office for National Statistics

Is the worst finally over? Relief for Rishi Sunak as inflation falls - but warning on further rate rises

Wage rises overtake inflation but interest rate hikes still loom

Evening Standard · Aug 16, 2023

London house prices fall, with rest of UK ‘doomed to follow’ as inflation cools

UK house price inflation slowed to 1.7% in June, according to official data.

The Independent UK · Aug 16, 2023

City warns on ‘sticky’ core inflation after drop in CPI

Analysts were also alarmed by the services consumer price index

Evening Standard · Aug 16, 2023

Inflation expected to slow down again after energy price fall

Consumer Prices Index inflation is predicted to be 6.7% for July, down from 7.9% in the previous month.

The Independent UK · Aug 15, 2023

Britain’s ‘house of food’ sits on shaky foundations. To fix it, curb the big supermarkets

As major retailers rake in huge profits, they are slashing jobs, squeezing suppliers and hollowing out our food industry, writes campaigner and author Andrew Simms

The Guardian - UK · Aug 15, 2023

UK basic wage growth hits record high; Russia’s central bank lifts rates to 12% – as it happened

UK regular pay growth highest since 2001 while unemployment rate rises unexpectedly; rouble recovers afters Bank of Russia raises rates at extraordinary meeting

The Guardian - UK · Aug 15, 2023

Bank of England under pressure to raise rates after record jump in basic pay

ONS data shows employers shed workers on back of slowdown in economic activity

The Guardian - UK · Aug 15, 2023

Bank of England may hike interest rates after record increase in wages

Regular pay grows by 7.8 per cent in three months – sparking ‘migraine’ for central bank

The Independent UK · Aug 15, 2023

FTSE 100 Live: ‘Little doubt interest rates rise again’ after record pay growth, unemployment up to 4.2%

The UK unemployment rate rose to 4.2% in June, it was revealed today, despite expectations that it would remain at 4%.

Evening Standard · Aug 15, 2023

Trade deficit in danger of being sidelined in UK’s fight against inflation

Only serious, long-term business investment will help structural problems and inequalities

The Guardian - UK · Aug 13, 2023