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The Latest Breaking News from Office for National Statistics

Budget 2024: Public sector pay rise row as borrowing hits £80 billion in blow to Rachel Reeves

Public sector net borrowing in the first half of the financial year rose to £79.6 billion, according to the ONS

Evening Standard

Treasury warns of difficult decisions in budget after September borrowing rise

ONS data shows higher debt interest payments and pay awards for public sector workers pushed figure to £16.6bn

The Guardian - UK

UK borrowing surges past official forecasts ahead of Budget

The ONS said public sector net borrowing in the first half of the financial year stood at £79.6 billion, £6.7 billion higher than forecast by the OBR.

Evening Standard

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UK firms in ‘significant financial distress’ hits record levels; Gold rises over $2,700/ounce – as it happened

“Toxic effect of high inflation” is hurting businesses, reports Begbies Traynor

The Guardian - UK

Annual house price growth accelerated in August ‘showing market holding strong’

The 2.8% rise represented the sixth month in a row of annual price increases, following eight months of annual decreases.

The Independent UK

UK inflation falls below 2 per cent target for first time in three years

Inflation dropped below the Bank of England target rate last month for the first time since April 2021, according to new figures.

The National (Scotland)

How much state pensions are set to rise in April as Government 'face £100m bill'

The state pension increases in line with whichever is the highest of earnings growth, CPI inflation in September of the previous year, or 2.5

The National (Scotland)

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Rise in rough sleeper deaths in UK prompts call for shelter funds

Campaign group warns of ‘emergency on our streets’ after estimated 155 people died while rough sleeping last year

The Guardian - UK

Global public debt to hit $100tn this year, says IMF, as economic uncertainty threatens financial stability and growth – as it happened

Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected

The Guardian - UK

English residents moving to Scotland at near record levels, new data shows

PEOPLE are quitting England to move to Scotland at near record levels, according to new data ...

The National (Scotland)

UK economy returns to growth in August after two stagnant months

Rachel Reeves will announce her autumn Budget on 30 October

The Independent UK

UK economy returns to growth after interest rate cut drives retail spending

Output was up by 0.2% in the month after flatlining in June and July

Evening Standard

UK economy returns to growth in boost to Rachel Reeves before budget

GDP rises by 0.2% in August after flatlining in June and July but rate of expansion slower than first half of year

The Guardian - UK

‘Sigh of relief’ for Labour as UK economy returns to growth; BlackRock hits $11.5tn of assets – as it happened

UK GDP rose by 0.2% in August, reports Office for National Statistics, with accountancy, retail and many manufacturers having strong months

The Guardian - UK

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The Guardian - UK

Deaths outstrip births in UK for first time in nearly 50 years

Excluding the Covid pandemic, ONS figures show 16,300 fewer births than deaths, not seen since 1970s ‘baby bust’

Evening Standard

UK population rises by record 662,000 in a year driven by migration

UK population saw the largest annual rise since 1971, with a 1.0% increase in the year to June 2023, according to the ONS.

The National (Scotland)

Scotland's population rockets thanks to migration from abroad

SCOTLAND’s population rose faster than at any time since the 1940s the first half of last year thanks to people moving to the country from abroad…

The Conversation

Can Kemi Badenoch claim to have ‘become working class’ while working in McDonald’s – and why would she want to?

Conservative MP Kemi Badenoch recently caused controversy by claiming that while she was born to a middle-class family, she “became working class” when working in McDonald’s to earn money while she was in college. In fairness to Badenoch, having a diversity of experience is an admirable attribute for an MP…

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The Guardian - UK

Targeted support could reduce infant mortality gap across England, study finds

Researchers say interventions could address key factors, such as smoking, but ‘structural changes’ also needed

The Independent UK

Mapped: House prices grow to almost two-year high in September

House prices remained fairly stagnant in the last year, with limited activity in the UK housing market

The Independent UK

New figures show UK economic growth weaker than first thought

The UK economy continued its recovery from recession at the end of last year

The Guardian - UK

Stalking victims left at ‘serious risk’ by police failures, report finds

Damning report by police chiefs in England and Wales reveals systemic failures in support for victims and calls for change

The Guardian - UK

Lack of ICU capacity was ‘political choice’, Chris Whitty tells Covid inquiry – as it happened

Chief medical officer tells Covid inquiry that UK had ‘very low’ capacity compared with other wealthy countries

The Guardian - UK

UK public washing their clothes too often, says major laundry brand

Ecover, backed by activist model Lily Cole, calls for fewer washes to reduce microplastics and other sources of water pollution

The Conversation

What are the political consequences of austerity? A history lesson for Keir Starmer

The British government has argued that a black hole exists in the public finances to the tune of £22 billion in this financial year. It claims that dealing with this will involve a period of fiscal restraint, which usually means spending cuts.

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