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The Latest Breaking News from Office for National Statistics

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

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.

The Independent UK

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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.

Evening Standard

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

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

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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.

Evening Standard

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

The Guardian - UK

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.

Evening Standard

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

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 –…

The National (Scotland)

UK economy shrinks for second month in a row

THE UK economy unexpectedly contracted in October, marking two months in a row of negative growth for the first time since the pandemic, new…

The National (Scotland)

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The Independent UK

Reeves accused by Tories of ‘crashing the economy’ as output shrinks - live updates

Most economists had been expecting GDP to rise during October but it shrunk 0.1% for the second month running

Evening Standard

Labour reels from shock 0.1% fall in GDP in October

Rachel Reeves admits that the fall in output in the same month as the Budget is “disappointing”

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.

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The Independent UK

Map: Where does your area rank in the most and least affordable areas to buy a house?

The Independent has analysed average house prices and salaries in each local authority district across the country to find the most and least affordable places to live

Evening Standard

Low income families 'must save for 35 years to buy average London home', official figures show

Households on the median income decile in the capital (£37,632) would have to save their income for 14.1 years

The Guardian - UK

Cost of buying average home in England now unaffordable, warns ONS

Only richest 10% can afford to buy as figures show average household needs 8.6 times disposable income to meet asking price

Evening Standard

Homes in England cost 18.2 times incomes of lowest 10% of households on average

A Labour MP said the figures ‘demonstrate the staggering scale of our country’s housing crisis’.

The Independent UK

Fact check: There were four working age adults per pensioner in 1961

Although the British population is ageing, the disparity between those of working age and those of retirement age has not been 20 to 1 in 110 years.

The Conversation

I research race in politics – Kemi Badenoch’s views on inequality should worry Black Britons

Kemi Badenoch has become the first Black leader of a UK-wide political party. But her ascent is unlikely to translate into meaningful gains for Black Britons.

The Guardian - UK

Muhammad is England’s most popular boys’ baby name for first time

Noah beaten into second place for boys, while Olivia keeps top slot for girls

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