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The Latest Breaking News from Office for National Statistics

FTSE 100 hits new high despite worries over potential US government shutdown

Without Congress passing a bill to fund federal operations before midnight Tuesday night, the government will partially close up shop.

Evening Standard

UK trade deficit in goods hits record £56.6 billion after 'liberation day' Trump tariffs

However, the huge deficit in trade of physical goods was offset by a record surplus in services, says ONS

Evening Standard

Jobs to go at Lincolnshire oil refinery; UK economy grew faster than thought under Labour – as it happened

Insolvency firm running Lindsey oil refinery announces job losses after collapse of parent company Prax Group

The Guardian - UK

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UK growth slowed sharply in second quarter, ONS confirms

The ONS said growth was better than expected in the last three quarters of 2024, though overall annual growth remained at 1.1%.

Evening Standard

Business news live: UK economy grew 0.3% in second quarter but production in damaging decline

The Office for National Statistics (ONS) said there was zero growth in gross domestic product (GDP) month on month in July

The Independent UK

Migration drives jump in UK population of three-quarters of a million

The increase of 755,254 is the second biggest year-on-year numerical jump in population since at least 1949.

Evening Standard

UK population sees second-largest annual rise in 75 years fuelled by spiralling migration

Numbers grew by more than 750,000 in the year up to June 2024, ONS estimates show

The Independent UK

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‘I’m a father-of-two in my 40s – and I’ve had to move back in with my mother’

Nearly 21 per cent of adult children who move back home are over the age of 30

The Independent UK

Tax rises would lead to food inflation remaining above 5% ‘well into next year’

The BRC warned that a new surtax for large shops could lead to price rises for consumers.

Evening Standard

Tax warning issued as food inflation could remain above 5 per cent for months

Food inflation has hit its highest point since the 2022/23 cost-of-living crisis

The Independent UK

Voices: Why you can’t simply ‘demand’ that women have more children

COMMENT: The ways in which women’s choices, or lack of them, are discussed by governments, researchers, and wider society offer a fairly glaring insight into why fertility rates continue to fall, writes Kat Brown

The Independent UK

Voices: It’s a disgrace that home is a luxury the young can no longer afford

COMMENT : The Office for National Statistics says London prices have got so out of whack that even the top earners can’t afford to buy, and it’s not much better in the rest of England. It’s time to get building, now, writes James Moore

The Independent UK

Fact check: Same-sex and opposite sex marriage data is not comparable

ONS figures do not allow for an accurate comparison of marriages based on gender.

Evening Standard

Retail sales rise in Great Britain as warm weather boosts clothing purchases

Increase of 0.5% in August helped by back-to-school shopping, while food stores also given lift

The Guardian - UK

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Evening Standard

Tax rises at autumn Budget ‘inevitable’ after borrowing soars, experts warn

The Office for National Statistics data showed Government borrowing hit £18 billion last month, marking the highest August borrowing for five years.

Evening Standard

Warm weather boosts clothing sales and bakery trips in August

The Office for National Statistics (ONS) said the total volume of retail sales is estimated to have risen by 0.5% in August.

The Guardian - UK

Pound slides after UK government borrowing jumps in August and insolvencies rise – as it happened

Rolling coverage of the latest economic and financial news, as August borrowing hits highest level since 2020

Evening Standard

House price growth cools as ‘pressures from mortgages and rental prices bite’

The average UK house price increased by 2.8 per cent in the 12 months to July, slowing from 3.6 per cent in the year to June

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The Independent UK

House price growth cools as experts issue warning

The average UK property value now stands at £270,000

The Guardian - UK

UK overall inflation remains at 3.8% in August, but food price growth climbs for fifth month in a row - as it happened

Food prices rise at fastest rate since January 2024 with vegetables, milk, cheese and fish going up; US Federal Reserve widely expected to cut rates later today

Evening Standard

UK inflation remains at 3.8% but food price rises accelerate for another month

The rate of Consumer Prices Index was 3.8% in August, the same as July, the Office for National Statistics said.

The Guardian - UK

UK inflation holds steady at 3.8% as fuel prices offset falling air fares

Annual August rate released as Bank of England considers holding interest rate at 4% to tackle rising prices

The Guardian - UK

UK pay growth stays high – but Britons are feeling the pinch

Firms are reluctant to hire and unemployment is rising, as inflation dulls the impact of higher wages

Evening Standard

Government payroll surges to record 4.04 million on NHS and civil service hiring spree

But state pensioners can look forward to £560 pay rise next April as wage growth stays above inflation

The Guardian - UK

State pension on course for inflation-busting 4.7% rise under triple lock; JLR production shutdown extended again – as it happened

“Pensioners will be rejoicing at the prospect of an inflation-busting rise to the state pension from April next year,” says analyst

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