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The Latest Breaking News from the Office for National Statistics

The fight against UK inflation is being won – but when will interest rates be cut?

Prices are still going up but the tide has turned, raising expectations the Bank of England may cut rates in response

The Guardian - UK

Early interest rate cut in doubt amid ‘sticky’ wage growth

The Office for National Statistics (ONS) said regular wages rose at an annual rate of 6.1% in November to January, down only from 6.2% previously

Evening Standard

Labour accuses Hunt of being ‘out of touch’, with voting under way in Kingswood and Wellingborough byelections – as it happened

Labour aiming to win two byelections as chancellor defends Sunak’s record, saying ‘economy is turning a corner’

The Guardian - UK

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UK Inflation Holds At 4% In January: Data

The Consumer Prices Index (CPI) stood at 4.0 percent last month, the Office for National Statistics (ONS) said in a statement.

Latin Times

Bank of England faces growing interest rate dilemma with wage growth still ‘uncomfortably high’

Latest figures from the Office for National Statistics (ONS) showed regular pay went up by an average of 6.2% in the three months to December

Evening Standard

Should the UK embrace higher net migration or rethink the economy?

If the population is to grow on the scale predicted the UK will need the infrastructure to service a much-expanded citizenry

The Guardian - UK

OPINION - Immigration will radically alter Britain by 2036 — and we should start talking about it

The really interesting thing about the projections for population growth from the Office for National Statistics this week is the extent it’s not being talked about. In case you missed it, the ONS said that, based on existing trends, the population of Britain is projected to rise by 6.6 million by…

Evening Standard

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UK Wage Growth Continues To Slow And Threaten Labour Market

The Office For National Statistics reports that the annual rate of growth in earnings, including annual bonuses, has slowed to 6.5 per cent.

International Business Times UK

GDP: Britain's economy grew 0.3% in November but ONS admits 'little growth' overall

Economists had expected growth of 0.2%, but the figures gave little cause for celebration with the risk of an end-of-year recession still on the cards

Evening Standard

ONS may stop publishing mortality data on homeless people

Charities say move is ‘deeply concerning’, while Office for National Statistics claims data was not accurate enough

The Guardian - UK

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

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.

The Independent UK

“Squeeze set to get worse” as rents set to outstrip housing benefits 14% by 2025

The Chancellor’s temporary measures will do little to help the rent, cost-of-living and homelessness crisis, warns action group

Evening Standard

How low can you go, Mr Sunak? PM tries immigration crackdown as his popularity plummets

PM’s desperate bid to win over right-wing MPs with new migrant crackdown – as his personal approval rating plummets to record low of minus 25%

The Independent UK

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International Business Times UK

Net Migration to UK Hit Record 745,000 in 2022, New Figures Show

The Office for National Statistics (ONS) said the updated data replaces the previous estimate of 606,000, after making revisions to reflect "unexpected patterns" in migrant behaviour.

The Independent UK

Sunak is under pressure to act as the UK's net migration figures for 2022 hit a record high

U.K. Prime Minister Rishi Sunak is facing heavy pressure from his own Conservatives to take swift action to bring down migration as new data showed net migration numbers were higher than previously thought

The Independent UK

Borrowing data offers boost to Chancellor’s tax cut plans

The Office for National Statistics said public sector net borrowing stood at £14.9 billion last month, £4.4 billion more than a year earlier,

The Guardian - UK

Winter recession fears for UK after fall in retail sales – as it happened

Retail sales volumes across Great Britain in October fell to their lowest level since February 2021, amid cost of living squeeze and wet weather

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The Independent UK

ONS admits Census trans data may be flawed after non-English speakers misunderstand question

Statisticians say they are ‘confident’ in national estimates of transgender people but admit ‘unexpected patterns’ at local level

Evening Standard

Knife crime in London surges by over 20% in a year

Sadiq Khan under mounting pressure as knife-enabled crime continues to rise

Evening Standard

London remains UK's most expensive region even as house prices fall

London house price falls second highest in UK

The Independent UK

UK house prices ‘little changed’ from a year ago but rents show record rise

The average UK house price was £291,000 in August 2023, which was little changed from 12 months earlier, the Office for National Statistics said.

The Guardian - UK

UK regular pay rising faster than inflation again; Goldman Sachs profits fall by a third – as it happened

Basic pay outpaces inflation for the first time in almost two years, but fall in vacancies suggests jobs market is cooling

The Guardian - UK

US inflation sticks at 3.7%; UK recession fears linger despite August growth; Ikea to cut prices – as it happened

UK services sector lifts economy back to growth in August, but BoE policymaker Swati Dhingra warns that economy is flatlining

The Independent UK

Inflation falls unexpectedly to lowest rate in 18 months

Drop in cost of food and accommodation offset higher petrol prices

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