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The Latest Breaking News from Office for National Statistics

Recession fears return after new figures show GDP fell in third quarter

Fall in output threatens to derail Rishi Sunak's pledge to grow the economy

Evening Standard

Rail fares in England to rise 4.9%; UK economy on brink of recession; US PCE inflation slows – as it happened

UK GDP fell by 0.1% in July-September, worse than first estimated, raising fears of a recession

The Guardian - UK

Covid-19 infection levels rising with one in 24 likely to test positive

The data has been published as as part of the new winter Covid-19 infection study.

Evening Standard

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Covid rising in England and Scotland as new variant spreads around world

ONS figures show December increase in positive tests after JN.1 classified as ‘variant of interest’

The Guardian - UK

Covid infection rates double with one in 24 likely to test positive

Infections are on the rise in England and Scotland as Christmas approaches

The Independent UK

We're much closer to recession than you think — here's why

City Comment: One very small tweak on Friday could make a very big difference

Evening Standard

One in 24 likely to test positive as Covid-19 infection levels rising

COVID-19 infection rates are rising in Scotland and England, according to new figures.

The National (Scotland)

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Generation X hardest hit as drug deaths rise yet again in England and Wales

It’s another tragic record. A new report has confirmed yet another rise in drug related deaths in England and Wales. The Office for National Statistics (ONS) reports that 4,907 “drug poisoning” deaths were recorded in 2022 (84.4 deaths per 1,000,000 of the population), the highest on record.

The Conversation

Cost of private renting in UK rising faster than ever, says ONS

Data is sign tenants failing to benefit from fall in inflation and lower house prices

The Guardian - UK

What does the surprise drop in UK inflation mean for you?

The implications of the 3.9% rate for shoppers, savers, borrowers and pensioners

The Guardian - UK

London rents: 2023 rise was highest since records began, ONS data shows

Londoners spent one third of the total of UK private renting costs this year

Evening Standard

Average UK house price was £3,000 lower in October than a year earlier

House prices have fallen annually as private rental prices have increased at a record pace, according to Office for National Statistics figures.

The Independent UK

Cabinet minister hails 'better times' ahead for Britain next year after inflation falls to 3.9%

Work and Pensions Secretary Mel Stride claimed the 'economy is turning the corner'

Evening Standard

Inflation falls to lowest level in two years but prices remain high

UK inflation eased back to its lowest level for more than two years last month.

The National (Scotland)

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The Guardian - UK

Drug poisoning deaths in England and Wales at highest level in 30 years

Nearly half of the 4,907 drug poisoning deaths in 2022 involved an opiate, ONS figures show

Evening Standard

London drug death rate will inevitably reach highs seen in US, warns police chief

There were 4,907 drug-related deaths in England and Wales in 2022, new figures show

Evening Standard

Bank of England rate setter: 'Clearer decline' in wage growth needed before interest rates will be cut

Broadbent said the current stats on wage growth show a 'slightly muddy picture'

The Independent UK

More than a quarter of people worried about affording Christmas – ONS

Some 28% reported feeling worried about being able to afford the things they planned to do this Christmas, the Office for National Statistics found.

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The Guardian - UK

Magic mushroom use grows in England and Wales, ONS figures show

Use of ecstasy and nitrous oxide fall overall and drug use of all kinds falls among younger people

The Independent UK

Christmas crunch for 170,000 homeowners hit by higher mortgages in December

Exclusive: More than 170,000 households will see their monthly payments jump by an average of £240 a month, or almost £3,000 a year

The Independent UK

UK economy shrank faster than expected in October, new data reveals

Economists warn ‘spectre’ of recession hanging over Britain, as GDP falls 0.3 per cent

Evening Standard

Recession fears return as figures show GDP slumped by 0.3% in October

Stormy weather partly to blame for surprise fall in output

The Guardian - UK

Bumper UK pay rises could be a thing of the past as inflation eases

Bank of England could hold interest rates steady despite markets’ expectations of cuts in new year

Evening Standard

Interest rate cuts could come as soon as next summer after sharp fall in wage growth

Hopes that interest rate cuts could begin by as soon as next summer were given a boost on Tuesday when latest official data showed wage growth subsiding more quickly than expected.

The Guardian - UK

US inflation eases to 3.1%; UK wage growth slows and vacancies drop – business live

US consumer prices rose at a slower rate last month, with energy costs dropping in a boost to America’s drivers

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