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The Latest Breaking News from the Office for National Statistics

£18bn borrowing costs at four-year high as Reeves’s Budget headache worsens

The Office for National Statistics says public sector net borrowing in December was up £10.1bn on a year earlier

The Independent UK

Borrowing surges to four-year high in blow to Chancellor

The Office for National Statistics said public sector net borrowing stood at £17.8 billion last month, up £10.1 billion on a year earlier.

Evening Standard

Surprise flop in retail sales in December after ‘poor’ month for supermarkets

The volume of retail sales, which measures the quantity bought, fell by 0.3% in December, the Office for National Statistics said.

Evening Standard

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FTSE 100 Live 17 January: Index sets new record, retail miss boosts rate cut hopes

The FTSE 100 index has powered to a new record, despite more gloomy economic data.

Evening Standard

Chancellor urges regulators to ‘tear down’ red tape in bid for growth

It came after fresh data from the Office for National Statistics (ONS) showed that the UK economy grew by a weaker-than-expected 0.1% in November.

Evening Standard

PM warns it will take time to revive economy after weaker-than-expected growth

The Office for National Statistics estimated the UK economy grew in November by 0.1% after falling by 0.1% in both September and October.

Evening Standard

UK economy sees weaker-than-expected growth in November

The Office for National Statistics estimated the UK economy grew in November by 0.1% after falling by 0.1% in both September and October.

Evening Standard

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Why has inflation fallen and why is this good news for the Government?

The latest data has raised expectations that the Bank of England could cut UK interest rates again next month.

Evening Standard

UK inflation unexpectedly falls to 2.5% in December

The rate of Consumer Prices Index inflation fell to 2.5% in December from 2.6% in November, the Office for National Statistics said.

Evening Standard

December inflation set to stay at 2.6% in ‘reprieve’ for UK economy

The rate of Consumer Prices Index (CPI) inflation is expected to have come in at 2.6% last month, unchanged from November.

Evening Standard

Rachel Reeves describes ‘challenge’ of fixing economy as ‘huge’

The Office for National Statistics said on Monday that UK gross domestic product (GDP) showed no growth between July and September.

The Independent UK

Blow for Rachel Reeves as zero growth puts UK on brink of recession

Figures from the ONS show no growth took place between July and September

The Independent UK

UK economy flatlining as business leaders fear recession in wake of Labour's Budget

Figures come as a major survey found businesses expect to reduce both output and hiring

Evening Standard

UK economy failed to grow in third quarter of 2024

Revised figures from the Office for National Statistics reduced previous estimates of 0.1% growth between July and September.

The Independent UK

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The Guardian - UK

FTSE 100 share index records biggest weekly loss in a year, as US shutdown fears hit markets – as it happened

Rolling coverage of the latest economic and financial news

The Independent UK

Government borrowing falls to lowest November level in three years

Rising tax receipts and lower public sector interest payments offset higher spending on public services, in a boost for chancellor Rachel Reeves.

The Independent UK

Interest rates live: Bank of England holds interest rates and downgrades growth in blow for Labour

The Bank’s Monetary Policy Committee voted by a majority of 6–3 to maintain the rate at 4.75 per cent

The Independent UK

UK inflation rises again to hit highest level since March

The Office for National Statistics said Consumer Prices Index inflation rose to 2.6% in November, from 2.3% the previous month.

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The Independent UK

UK inflation increases as cigarettes and petrol drive price rises

The Office for National Statistics has announced the latest monthly Consumer Prices Index reading

Evening Standard

UK inflation likely to rise again as cigarette and petrol prices tick up

The Office for National Statistics will announce the latest monthly Consumer Prices Index reading on Wednesday.

The Guardian - UK

Company insolvencies rise across England and Wales; interest rate cuts less likely after UK pay growth accelerates – as it happened

UK wage growth has risen to 5.2% per year, making Bank of England highly likely to leave interest rates on hold on Thursday

The Independent UK

Analysis: Reeves faces recession fears but shrinking industry could offer a bigger problem

Economists are concerned about a longer decline in economic activity, but a shrinking manufacturing industry should be cause for more concern

The Independent UK

UK economy shrinks again in another blow to Reeves, new figures show

The Office for National Statistics (ONS) said output fell by 0.1 per cent in October

Evening Standard

UK economy unexpectedly declines as services sector stalls

The Office for National Statistics said gross domestic product contracted 0.1% in October.

The Independent UK

Move over Noah: The most popular baby names revealed

The data was published by the Office for National Statistics

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