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The Latest Breaking News from Office for National Statistics

Wage growth falls to lowest level for five years but Iran war will stall interest rate cut

The Office for National Statistics said regular earnings growth fell back to 3.8% in the three months to January

The Independent UK

UK pay growth sinks to five-year low as younger workers hit by hiring slowdown

Unemployment holds steady, but Bank of England is unlikely to be convinced by ONS data to cut interest rates

The Guardian - UK

Reeves to push for ‘deeper relationship with the EU’ as she makes major AI pledge

Chancellor to push for stronger EU ties in bid to grow Britain’s economy

The Independent UK

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Sobering times: alcohol-free beer added to UK inflation basket

Hummus and pet grooming also join list of goods and services used to help judge the impact of rising prices

The Guardian - UK

Houmous and non-alcoholic beer join basket of items used to track UK inflation

A big shake-up to the data this year will also mean millions of prices will be automatically collected from supermarket tills.

Evening Standard

Europe’s fertility rates keep falling: Which countries have the highest rates and biggest drops?

Euronews Health takes a closer look at declining fertility rates across Europe. Experts point to multifaceted reasons behind the decline, and Europe is not alone in facing this trend.

Euronews

Labour appears to back recording Sikh as ethnicity in UK census

The UK government is considering a campaign by British Sikh groups and MP Preet Kaur Gill to record Sikhs as an ethnicity, not just a religion. This move, supported by Cabinet Office minister Satvir Kaur, aims to better understand and address inequalities and discrimination faced by the Sikh community.

The Times of India

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Fact check: No reliable data exist to compare incomes of homes with heat pumps

A 2024 evaluation asked heat pump grant recipients about their incomes.

Evening Standard

Starmer says government will step in if fuel companies rip off customers as trade body U-turns on decision not to meet Reeves – as it happened

The prime minister issues the statement after a fuel trade body earlier withdrew from a meeting with the chancellor today

The Guardian - UK

Economy stagnates in January ahead of Iran war and fears over UK impact

Experts warned a prolonged Middle East conflict and an ongoing spike in oil prices could send the economy into reverse in 2026.

Evening Standard

UK economy flatlines unexpectedly in January

The Office for National Statistics said there was zero growth in gross domestic product in January.

The Independent UK

Rachel Reeves accepts ‘valid’ criticism against major Budget tax hike

The Chancellor defended her key policy before Parliament’s Treasury Committee

The Independent UK

Reeves: ‘Valid’ to say national insurance hike should not have happened

However, the Chancellor insisted the move announced in 2024 was needed to put money into public services.

Evening Standard

This is how migration has affected the UK population this decade

One in 30 people living in the UK today arrived in the space of just four years, says Home Secretary

The Independent UK

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The Guardian - UK

Dissatisfaction with life in UK unchanged since Covid, official data shows

Average life satisfaction still below pre-pandemic peak despite improving economic outlook, reports ONS

The Guardian - UK

UK parents fear young will be worse off for first time in a century, ex-minister warns

Alan Milburn says people feel ‘social contract is being broken’ as number of Neets climbs to 957,000

Evening Standard

Increase in young people not in work, education or training

The ONS said the number of so-called Neets aged 16 to 24 was reported at 957,00 in the three months from October to December.

The Independent UK

Revealed: The foods that have shot up in price the most in cost of living crisis

Exclusive: The top-rising food is a relative newcomer to official inflation statistics

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The Guardian - UK

Statistics chief complains to BBC over impersonation of staff in hit drama Industry

ONS tells broadcaster that depiction risks undermining interviewers’ ‘delicate relationship’ with the public

The Guardian - UK

Art and antiques help lift retail sales in Great Britain to biggest monthly rise since 2024

January increase of 1.8% beats forecasts and was also driven by shoppers snapping up jewellery online

Evening Standard

Triple boost for Rachel Reeves with retail sales jump, exports rise and record public finances surplus

Shoppers returned to spending in the New Year and the Treasury raked in billions more than expected in tax

Evening Standard

‘Unprecedented’ demand for jewellery helps retail sales surge in January

The ONS said the total volume of retail sales rose by 1.8% in January, up from growth of 0.4% in December.

Evening Standard

Government posts record borrowing surplus in boost for Chancellor

The Office for National Statistics (ONS) said there was a public sector net borrowing surplus of £30.4 billion in January.

The Independent UK

Rare boost for Reeves as government gets record £30bn borrowing surplus ahead of spring statement

Chancellor secures surplus billions larger than OBR prediction

Evening Standard

FTSE 100 Live 20 February: Index rallies, retail spending surge boosts UK outlook

Retail sales figures and the largest surplus on the UK’s public finances since records began in 1993 today provided a boost to Chancellor Rachel Reeves.

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