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The Latest Breaking News from Office for National Statistics

UK inflation rises to 2.2% in first increase since December

Annual rate in July climbs back above Bank of England target of 2%, ONS figures show

The Guardian - UK

Slowdown in wage growth ‘clears path for more interest rate cuts’ this year

Persistent inflation remains a worry for the Bank of England, but new wages data could ease concerns

The Independent UK

AstraZeneca hits £200bn valuation as ambitious plans pay off – as it happened

Pharmaceuticals giant has hit a £200bn stock market valuation, a decade after fighting off Pfizer’s takeover approach

The Guardian - UK

From analysis to the latest developments in health,
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‘I don’t trust anybody’: Shoplifting so bad we’ve given up counting lost stock, retailers say

Shopkeepers tell The Independent thieves from all walks of life are destroying their businesses

The Independent UK

Crime map: Violent offences and shoplifting in your area

A total of 443,995 shoplifting offences were logged in the year ending March, while 50,510 knife crime offences were recorded

The Independent UK

Knife crime offences rise and shoplifting reaches 20-year high in latest police figures

Home secretary blames the figures on ‘the disgraceful dereliction of the last Tory government’

The Independent UK

London suffers net loss of 40 pubs in a year, despite record high employment in sector

Smaller pubs have been particularly hard hit amidst ‘sky-high’ costs, with UKHospitality warning ‘urgent action’ is needed from the new Government

Evening Standard

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Integrate NHS services and job centres to get more people working, report says

Exclusive: Pioneering study says regime based largely on benefit sanctions has failed to tackle economic inactivity

The Guardian - UK

British retail sales slump by more than forecast amid chilly weather

Drop of 1.2% in June comes as households rein in spending during cost of living crisis

The Guardian - UK

Windows IT outage: CrowdStrike CEO ‘deeply sorry’ for global chaos caused by update and warns fix may take time to work – as it happened

Cybersecurity firm CrowdStrike says fix has been issued to software update responsible – but impact of that will not be immediate

The Guardian - UK

Oktoberfest city to open first alcohol-free beer garden

Initiative is a response to changing consumption habits in Germany as well as frustrations over public binge-drinking

The Independent UK

UK jobs market cools again as wage growth slows

Interest rate cut hangs in balance after ONS figures show annual pay growth eased to 5.7% in three months to May

The Guardian - UK

Ed Davey apologises to Alan Bates at the Post Office Horizon inquiry – as it happened

Lib Dem leader had declined meeting with campaigner in May 2010, saying "‘I do not believe it would serve any useful purpose’

The Guardian - UK

London house prices up 0.2% on average in May — can you guess which borough saw a 5% boost?

One London borough saw home values boosted by over £27,000, but Prime Central London continues to see house prices tumble

Evening Standard

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The Guardian - UK

Fear of persistent inflation? Bank of England should shake it off

Some economists believe the UK leg of Taylor Swift’s Eras tour led to higher prices in June – but the full picture is more complicated

The Independent UK

House prices up year-on-year for third month in a row in May

May’s annual increase in UK house prices followed eight months of falls.

The Conversation

Avoidable deaths have increased in the UK: the damning data political parties aren’t discussing

One question that British voters may have asked themselves during the 2024 election campaign is whether they are any better off now than they were in 2010 when the Conservative-led coalition came to power. A recent poll reveals that most Britons (73%) think they are not.

The Independent UK

Healthier economy may delay interest rate cuts in a blow for borrowers

The Office for National Statistics said gross domestic product, or the output for the economy, increased by 0.4 per cent in May

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The Independent UK

UK economy back to growth as it expands faster than expected in May

Britain’s GDP grew by 0.4 per cent in May, after no growth was recorded in April due to low consumer spending

Al Jazeera

31%: The surge in food prices irking voters in the UK election

The cost of living is a key issue in an election expected to end 14 years of Conservative Party governance.

The Guardian - UK

The baby bust: how Britain’s falling birthrate is creating alarm in the economy

Costs, the climate crisis and choice are all factors in a demographic revolution presenting huge challenges for government

The Guardian - UK

Next PM likely to inherit improved economy after UK growth revised up

Updated quarterly GDP confirms UK was fastest-growing economy in G7 with consumer confidence returning

Latin Times

UK Economic Recovery Improves As Election Looms

Gross domestic product expanded by 0.7 percent in the first three months of this year, the Office for National Statistics (ONS) said in a statement, upgrading the prior estimate of 0.6-percent expansion and beating market expectations for no change.

Evening Standard

Race out of recession picks up speed but house prices fall as mortgage time bomb ticks

Growth revised higher for the first quarter but millions face end of fixed-rate deals

The Guardian - UK

Warmer weather and falling UK inflation lift retail sales

ONS says most retailers enjoyed a better month in May, with increases in clothing and household goods

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