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 · Dec 23, 2024
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 Guardian - UK · Dec 20, 2024
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 · Dec 20, 2024
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 · Dec 18, 2024
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. The Independent UK · Dec 18, 2024
UK inflation increases as cigarettes and petrol drive price rises The Office for National Statistics has announced the latest monthly Consumer Prices Index reading The Independent UK · Dec 18, 2024
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. Evening Standard · Dec 17, 2024
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 Guardian - UK · Dec 17, 2024
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 · Dec 13, 2024
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 The Independent UK · Dec 13, 2024
UK economy unexpectedly declines as services sector stalls The Office for National Statistics said gross domestic product contracted 0.1% in October. Evening Standard · Dec 13, 2024
Move over Noah: The most popular baby names revealed The data was published by the Office for National Statistics The Independent UK · Dec 5, 2024
The UK wants to guarantee work or training for all young people – first it needs good jobs Nearly 1 million young people aged 16–24 – almost one in seven – are now classified as “Neet” (not in employment, education or training), according to the Office for National Statistics. The rate has risen steadily since 2022, and growth is concentrated among young men. The Conversation · Nov 28, 2024
Tories used Brexit as a ‘one-nation open borders experiment’, claims Starmer after record immigration figures The prime minister spelt out the betrayal of Brexit voters by the Tories after new figures revealed immigration reached a record high of more than 900,000 in 2023 The Independent UK · Nov 28, 2024
The Independent UK · Nov 28, 2024 Why have the UK migration figures been revised? Migration estimates typically undergo a number of revisions as more data becomes available.
The Independent UK · Nov 24, 2024 ‘I’m earning £100,000 a year, but I feel poorer than ever’ IN FOCUS: They earn big pay cheques, but between bills and the rising cost of living, are struggling to pay for their remodelled kitchens and one-bedroom flats. And that, believe it or not, will have dire consequences for the rest of us, writes Maira Butt
The Independent UK · Nov 22, 2024 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 · Nov 20, 2024 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.
Evening Standard · Nov 20, 2024 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 · Nov 20, 2024 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 · Nov 20, 2024 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.
Evening Standard · Nov 18, 2024 UK business openings fall to lowest level since 2010 Data from the Office for National Statistics shows 316,000 new businesses were created in 2023, down from 337,000 the year before.
Latin Times · Nov 15, 2024 UK Growth Slows In Third Quarter, Dealing Blow To Labor Government Gross domestic product (GDP) grew by 0.1% in the July-September period, a slowdown compared to 0.5% growth in the second quarter, the Office for National Statistics said.
Evening Standard · Nov 15, 2024 UK economy shrunk by 0.1% in September, shock GDP figures reveal in blow to Labour Chancellor Rachel Reeves GDP grew by a meagre 0.1% between July and September, slightly below expectations
The Independent UK · Nov 15, 2024 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’