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The Latest Breaking News from Office for National Statistics

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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UK growth revised down to zero; firms warn economy is heading for ‘worst of all worlds’ – as it happened

UK GDP flatlined in the July-September quarter, ONS reports, as companies warn October budget has hurt economy too

The Guardian - UK

UK house price predictions for 2025: with pay rising and rates falling, they’ll just keep going up

Nothing seems to stop the relentless march of property values, even with a stamp duty increase looming

The Guardian - UK

Fact check: Misleading Google search results on UK asylum seeker crime rate

Full Fact has seen what appear to be screenshots of Google results on this topic shared on social media in recent months.

The Independent UK

Retail sales in Great Britain weaker than expected despite early Black Friday deals

Sales volumes up 0.2% month on month in November but economists had forecast 0.5% rise

The Guardian - UK

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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

UK retail sales improve despite weaker trading at clothing stores

Economists said growth among supermarkets helped to offset a weaker period for the clothing sector.

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

House prices, stamp duty and moving costs see Londoners stay in homes far longer than UK average

Rising costs and ‘marathon mortgages’ are also among reasons why London homeowners delay moves

Evening Standard

Mapped: How much rents have gone up in your region as prices hit record high

Office of National Statistics figures show annual growth in private rental prices accelerated to 9.1 per cent in November, from 8.7 per cent in October

The Independent UK

Further Hike In UK Inflation Hits Rate Cut Chance

UK annual inflation climbed further above the Bank of England's target rate in November, official data showed Wednesday, firming expectations that it will avoid cutting interest rates this week.

International Business Times

House price growth accelerates as London rents reach record highs

The figures were released on the day the ONS said Consumer Prices Index inflation rose to 2.6 per cent in November

Evening Standard

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The Independent UK

Annual growth in house prices and rents has accelerated

The figures were released on the day the ONS said Consumer Prices Index inflation rose to 2.6% in November.

Evening Standard

Rents spiralling at record 12% a year rate in London in new cost-of-living blow, official figures

But house price growth in the capital was the slowest in the country

Evening Standard

Inflation rises for second consecutive month to 2.6%

The rate of inflation rose for the second month in a row in November further dashing hopes of an early interest rate cut.

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.

Evening Standard

Bank set to hold rates as wage growth rises for first time in more than a year

Official figures showed regular earnings growth rose by more than expected, to 5.2% in the three months to October.

The Guardian - UK

UK pay growth leaps to 5.2%, reducing chances of interest rate cut

Rise in wages for skilled workers in manufacturing sector drives increase, but vacancies fall again

Evening Standard

Wage growth rebounds but signs point to ongoing jobs market weakness

Official figures show regular earnings growth jumped to 5.2% in the three months to October, up from 4.9% in the previous three months.

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 National (Scotland)

Labour 'failing on own terms' as UK economy shrinks for second month running

LABOUR have been accused of “failing on their own terms” after new figures showed the UK economy shrinking for the second consecutive month –…

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