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....The government’s spending deficit is on course to worsen this year as official figures show the economic slowdown is beginning to take a toll on the UK’s public finances. As ministers struggle with demands for higher spending on health, police and social care, the Office for National Statistics (ONS) said public borrowing was narrowly lower in May than the same month last year. ... [Read full article on Guardian ]
Wednesday 21st of June 2017 10:49:47 AM
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.... And while it goes without saying that economists have many ingenious explanations to offer, none has yet proved persuasive enough to create a consensus. According to the UK’s Office for National Statistics, output per hour in France was 14% lower in 2015 than it would have been had the previously normal trend growth rate been matched. ... [Read full article on Guardian ]
Wednesday 21st of June 2017 08:32:56 AM
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.... Prices rose 1. 6 per cent in March, putting another £3,500 on the cost of a house in a single month, according to figures from the Office for National Statistics. ... [Read full article on Daily Express ]
Sunday 18th of June 2017 09:46:00 AM
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Latest Finance News related to Office For National Statistics

UK budget deficit to increase this year amid living standards squeeze image
Source : Guardian [Read Article] Wednesday 21st of June 2017 10:49:47 AM
....The government’s spending deficit is on course to worsen this year as official figures show the economic slowdown is beginning to take a toll on the UK’s public finances. As ministers struggle with demands for higher spending on health, police and social care, the Office for National Statistics (ONS) said public borrowing was narrowly lower in May than the same month last year. ...
Why is productivity so low since the crisis – particularly in the UK? | Howard Davies image
.... And while it goes without saying that economists have many ingenious explanations to offer, none has yet proved persuasive enough to create a consensus. According to the UK’s Office for National Statistics, output per hour in France was 14% lower in 2015 than it would have been had the previously normal trend growth rate been matched. ...
Why the political uncertainty won't shake house price foundations   image
Source : Daily Express [Read Article] Sunday 18th of June 2017 09:46:00 AM
.... Prices rose 1. 6 per cent in March, putting another £3,500 on the cost of a house in a single month, according to figures from the Office for National Statistics. ...
UK attracts record overseas tourists after pound's Brexit slide image
Source : Guardian [Read Article] Friday 16th of June 2017 11:47:05 AM
....A total of 3. 7 million overseas residents visited the UK in April, according to the Office for National Statistics, up 19% compared with the same month last year. ...
UK retail sales dive sparks biggest FTSE 250 fall since last summer image
Source : Guardian [Read Article] Thursday 15th of June 2017 10:13:53 AM
....In April sales surged to an eight-month high, though this was seen as a blip in a longer-term trend for shoppers to tighten their belts. The Office for National Statistics blamed the steep rise in the annual rate of inflation over the last year to 2. ...
UK pay squeeze breaks all sorts of records for all the wrong reasons | Larry Elliott image
.... Yet more than nine years after the slump of 2008 began, wages – the yardstick by which most people judge whether the economy is doing well or not – have not recovered. In fact, according to the Office for National Statistics, they have gone backwards. ...
Taxman has his sights on Bank of Mum and Dad as complex rules increase  image
Source : Daily Express [Read Article] Wednesday 14th of June 2017 08:15:00 AM
....Key Retirement’s research shows that nearly six out of 10 parents and grandparents want to help children and grandchildren onto the property ladder, even if it means forking out large sums. With the average house price standing at £220,000 in April, according to the Office for National Statistics, first-time buyers will have to produce £22,000 to put down a 10 per cent deposit. ...
Incomes squeeze denied May a landslide – now she must change course image
Source : Guardian [Read Article] Tuesday 13th of June 2017 01:06:01 PM
.... Average earnings were rising by almost 3% a year, which meant living standards were increasing by a similar amount. According to the Office for National Statistics, the annual inflation rate as measured by the consumer prices index was 2. ...
House price inflation in April at six-month high, official figures show image
....The data, which shows that annual house price inflation has risen to its highest level since last October, runs counter to reports from mortgage lenders and others that the market was slowing down. According to the Office for National Statistics (ONS), the average house price in the UK increased by 5. ...
Britons feel the squeeze as inflation rises to four-year high of 2.9% image
Source : Guardian [Read Article] Tuesday 13th of June 2017 08:37:27 AM
.... Statisticians highlighted the rising prices of package holidays, reflecting the growing cost of travelling abroad for Britons because of the weaker pound. The Office for National Statistics said higher food and electricity prices also contributed to the inflation figure. ...
UK industrial output weaker than expected image
Source : BBC [Read Article] Friday 9th of June 2017 10:05:52 AM
....2%, which was also much weaker than expected. Separate figures from the Office for National Statistics (ONS) showed the UK's trade deficit narrowed in April. ...
The strange death of strikes in Britain image
Source : Guardian [Read Article] Saturday 3rd of June 2017 06:00:46 AM
.... If BT takes that step, it will be a fundamental breach of the contract that existing workers signed up for, and industrial action will be inevitable. But will BT workers (and Royal Mail employees in a similar position) really go on strike? Some fascinating figures this week from the Office for National Statistics chart the near total death of the British strike. ...
Trade union membership has plunged to all-time low, says ONS image
Source : Guardian [Read Article] Thursday 1st of June 2017 10:43:25 AM
....Union leaders blamed the loss of “good-quality jobs”, cuts to the public sector workforce and the rise of the gig economy for the 4. 2% drop, the biggest annual cut since records began in 1995, the Office for National Statistics (ONS) said. ...
Older age image
Source : BBC [Read Article] Thursday 1st of June 2017 02:31:40 AM
....The latest official figures show, for most years since 2008, the proportion of 65s or over in persistent poverty has been higher than any other age group. Persistent poverty is defined as experiencing relative low income in the current year, as well as at least two out of the three preceding years, the Office for National Statistics (ONS) says. ...
Food inflation 'hits three-year high' on weak pound image
Source : BBC [Read Article] Wednesday 31st of May 2017 07:58:59 AM
....". It follows the most recent Office for National Statistics retail figures showing sales outstripping expectations to rise by 2. ...
Households insurance costs RISE 'could see £50 increase in average yearly bill' image
.... . The Office for National Statistics (ONS) said the Consumer Price Index (CPI) measure of inflation rose to 2. ...
'Workers are being punished by Brexit' – experts debate the data image
Source : Guardian [Read Article] Thursday 25th of May 2017 11:14:25 AM
....5% in April 2017, we now see the largest negative gap between the two indicators since December 2011. Regular weekly pay, excluding bonuses, adjusting for prices were £465 a week in March 2017 according to the Office for National Statistics. ...
Net migration to the UK falls to 248,000 in 2016 image
Source : BBC [Read Article] Thursday 25th of May 2017 09:29:15 AM
....Net migration to the UK was estimated to be 248,000 in 2016 - a fall of 84,000 from 2015, figures show. The Office for National Statistics said the change was driven by "a statistically significant" increase of 40,000 people leaving the country. ...
UK economy slows more than expected as inflation hits spending image
Source : Guardian [Read Article] Thursday 25th of May 2017 09:24:06 AM
....The UK economy slowed even more sharply than first thought in the opening months of this year as rising prices in the wake of the Brexit vote took their toll on consumer spending. The Office for National Statistics said GDP grew just 0. ...
UK economic growth estimate revised down image
Source : BBC [Read Article] Thursday 25th of May 2017 08:49:40 AM
....Economic growth slowed to 0. 2% in the quarter, the Office for National Statistics (ONS) said, down from the original estimate of 0. ...
If London subsidises the rest of the UK, where does that leave Scotland? | Nils Pratley image
.... London, the south-east and the east of England recorded net fiscal surpluses in 2016 – in order words, tax receipts exceeded public spending on a per-head basis. The rest of the UK was in deficit, says the Office for National Statistics in its first such regional breakdown. ...
London economy subsidises rest of UK, ONS figures show image
Source : Guardian [Read Article] Tuesday 23rd of May 2017 10:26:10 AM
....5bn surplus that is recycled by the government to provide financial help to Britain’s less well-off regions, according to an official breakdown of the public finances. The first attempt by the Office for National Statistics to break down the UK’s budget deficit by region has demonstrated the importance of the capital and highlighted how taxes and public spending are used to narrow the north-south divide. ...
Unions say Tories' zero-hours workers' review doesn't go far enough image
Source : Guardian [Read Article] Tuesday 23rd of May 2017 09:42:36 AM
....The CBI said all employees should receive a written statement that sets out the key terms of their employment and their rights. More than 900,000 people are on zero-hours contracts, which do not offer guaranteed hours or sick pay, with many juggling several jobs, according to the Office for National Statistics. ...
Government borrowing at three-year April high image
Source : BBC [Read Article] Tuesday 23rd of May 2017 09:24:08 AM
. Government borrowing was at its highest April level for three years, according to the latest figures from the Office for National Statistics (ONS). ...
Growth slump as rising prices slowed consumer spending, figures to show image
....Consumers failed to propel the UK economy in the first quarter as rising prices dampened appetite for spending, official figures will show this week. City economists believe the Office for National Statistics will confirm on Thursday that economic growth more than halved to 0. ...
Marlboro maker accused of using branded tins to sidestep plain packaging rules image
....Smoking rates have plummeted since the 1970s, when almost half of the British adult population was partial to a regular gasper. In 1974, 46% of British people smoked, according to the Office for National Statistics. ...
Retail sales in April beat forecasts with a 2.3% rise image
Source : BBC [Read Article] Thursday 18th of May 2017 09:01:02 AM
....Sales volumes jumped 2. 3% in April from the month before, the Office for National Statistics (ONS) said, and were 4% higher than a year earlier. ...
Unemployment is at its lowest since 1975, so why do people feel worse off? | Larry Elliott image
....A second factor is that employers are able to buy in cheap labour from overseas. Migration from other EU countries has not fallen off a cliff despite the result of last summer’s referendum: according to the Office for National Statistics, the number of non-UK nationals from the EU working in the UK rose by 171,000 to 2. ...
UK wage growth lags inflation for first time since mid-2014 image
Source : BBC [Read Article] Wednesday 17th of May 2017 08:33:02 AM
....Meanwhile, the number of unemployed people fell by 53,000 to 1. 54 million in the three months to March, said the Office for National Statistics. ...
UK inflation jump means the 2017 voter is getting poorer | Larry Elliott image
....What’s more, the recent rise in the value of the pound – if sustained – will help limit future price increases by making imports a bit cheaper. The separate Office for National Statistics data for the fuel and raw material costs paid by industry suggests that the peak impact from the weakness of sterling and rising global oil prices occurred at the turn of the year. ...
House prices in UK shift to lower gear image
Source : BBC [Read Article] Tuesday 16th of May 2017 10:33:40 AM
....House prices rose 1. 5% in London in the year to the end of March, the Office for National Statistics (ONS) said. ...
Energy price rises help drive UK inflation up to 2.7% image
Source : Guardian [Read Article] Tuesday 16th of May 2017 09:04:59 AM
....7% in April, its highest level in three and a half years. Increases in the cost of clothing, car tax and air fares were also blamed by the Office for National Statistics for the rise in consumer price inflation (CPI) that exceeded City forecasts of 2. ...
Staff more likely to struggle to work than pull a sickie image
Source : BBC [Read Article] Monday 15th of May 2017 11:01:13 PM
....The survey comes after official figures showed fewer days were lost to sickness last year than any year on record. The TUC described UK workers as "mucus troopers" after the Office for National Statistics said that sickness absence totalled 137 million working days last year, the equivalent of 4. ...
UK unemployment rate to rise in 2018, says EY Item Club image
Source : BBC [Read Article] Sunday 14th of May 2017 11:00:31 PM
....1% next year, as the supply of workers slows. Official unemployment data and average wages will be published by the Office for National Statistics on Wednesday. ...
Number of zero-hours contracts stalls at 'staggering' 1.7m image
Source : Guardian [Read Article] Thursday 11th of May 2017 12:31:31 PM
....7m zero-hours contracts in the UK in November 2016, representing 6% of all employment contracts – unchanged from a year earlier. The Office for National Statistics said the number of firms using zero-hours contracts had fallen. ...
UK industrial output falls in March image
Source : BBC [Read Article] Thursday 11th of May 2017 09:23:23 AM
....Activity in the UK's industrial and construction sectors shrank in March, new figures show. The Office for National Statistics said industrial output fell 0. ...
Zero hours workers are 'missing out on paid holidays' image
Source : BBC [Read Article] Monday 8th of May 2017 12:35:20 PM
....It is calling on the next government to step in to help protect workers. Based on the most recent figures from the Office for National Statistics, Citizens Advice also says that two out of five people on temporary contracts do not know they can take paid time off. ...
Next shares tumble as retailer warns of challenging market image
Source : Guardian [Read Article] Thursday 4th of May 2017 10:50:34 AM
.... “We assume retail like-for-like sales are less negative in the second half as ranges improve, and with weak comparative figures from the hot weather in the third quarter,” they said. The Office for National Statistics reported that UK retail sales fell 1. ...
UK service sector growth picks up in April image
Source : BBC [Read Article] Thursday 4th of May 2017 09:49:29 AM
....The UK economy grew by 0. 3% in the first three months of the year, according to the initial estimate from the Office for National Statistics, the slowest growth rate since the first quarter of 2016. ...
UK manufacturing growth at three-year high, survey suggests image
Source : BBC [Read Article] Tuesday 2nd of May 2017 09:23:58 AM
....". Official figures from the Office for National Statistics last week indicated that the UK economy grew by just 0. ...
UK economy grows by 0.3% as service sector slows image
Source : BBC [Read Article] Friday 28th of April 2017 08:32:58 AM
....3% at the start of the year, the slowest growth rate since the first three months of 2016, according to official figures. The Office for National Statistics said that the slower pace in the January-to-March period was due mainly to the service sector, which sank to 0. ...
UK government borrowing at lowest level since 2008 financial crisis image
Source : Guardian [Read Article] Tuesday 25th of April 2017 10:39:40 AM
....Borrowing fell by £20bn to £52bn in the 2016-17 financial year after economic growth helped drive tax receipts higher, narrowing the gap between what the government spends and earns. It was the lowest level of annual borrowing since 2007-08, according to the Office for National Statistics, before the full impact of the financial crisis was reflected in the public finances. ...
Government deficit at lowest since financial crisis, says ONS image
Source : BBC [Read Article] Tuesday 25th of April 2017 09:21:26 AM
....Government borrowing fell by £20bn to £52bn in the year to the end of March, according to official data. That was the lowest level since the financial crisis of 2008, the Office for National Statistics (ONS) said. ...
UK bank launches cheapest ever mortgage rate at 0.89% but there's a MAJOR catch image
....4 per cent on the preceding quarter, and down 1. 8% compared with February 2017, according to the Office for National Statistics. ...
UK retail surge since Brexit vote comes to an end image
Source : Guardian [Read Article] Friday 21st of April 2017 01:11:30 PM
....The strong recovery on Britain’s high streets after last year’s Brexit vote appears to be over, with retail sales figures for the first quarter showing the biggest drop in purchases in the last seven years. The Office for National Statistics said UK retail sales fell 1. ...
Biggest fall in UK retail sales in seven years image
Source : BBC [Read Article] Friday 21st of April 2017 09:24:52 AM
....4% on the preceding quarter, and down 1. 8% compared with February 2017, according to the Office for National Statistics. ...
Londoners work 'three weeks a year more than rest of UK' image
Source : BBC [Read Article] Tuesday 18th of April 2017 02:14:56 AM
....Londoners spend about three weeks more at work a year than the rest of the UK, according to new data. The Office for National Statistics (ONS) figures show the average working week in London is 33 hours, the longest since the 2008 financial crisis. ...
Multi-skilled image
Source : BBC [Read Article] Wednesday 12th of April 2017 11:33:04 PM
....But people taking second jobs has been a trend for decades. According to the Office for National Statistics, the number of people with second jobs has stayed roughly between 1. ...
Surveyors get gloomy as property market stagnates image
Source : BBC [Read Article] Wednesday 12th of April 2017 11:19:32 PM
....". Earlier this week, the Office for National Statistics said house prices grew at 5. ...
EU migrants make up 11% of manufacturing workforce - ONS image
Source : BBC [Read Article] Wednesday 12th of April 2017 06:19:18 PM
....EU migrants make up more than one in 10 manufacturing sector workers in the UK, official figures have shown. The Office for National Statistics (ONS) also said EU workers from outside the UK tended to work longer hours than the workforce average. ...
Living standards in UK fall for the first time since 2014 image
Source : Guardian [Read Article] Wednesday 12th of April 2017 12:14:56 PM
....Rising prices and stagnant wage growth have resulted in the first fall in living standards in two and a half years, according to official figures. Labour market data from the Office for National Statistics showed that regular pay in the UK in February was 1. ...
UK needs immigration to keep service industries going, says ONS image
Source : Guardian [Read Article] Wednesday 12th of April 2017 10:50:16 AM
....5 million migrants working in these sectors, according to a new official analysis. The Office for National Statistics analysis also shows that migrants from eastern Europe are likely to work more hours and earn lower wages than other workers, partly reflecting their numbers in lower skilled jobs. ...
UK wage growth slows as higher inflation starts to bite image
Source : BBC [Read Article] Wednesday 12th of April 2017 08:39:51 AM
....The number of people unemployed fell by 45,000 to 1. 56 million in the three months to February, said the Office for National Statistics (ONS). ...
UK inflation stays at three-year high of 2.3% image
Source : Guardian [Read Article] Tuesday 11th of April 2017 10:42:20 AM
....“With further price rises expected later this year, and no sign yet of wage settlements responding, this pay squeeze looks set to be deeper and longer than expected,” said Stephen Clarke, economic analyst at the thinktank. The Office for National Statistics said price changes for a range of goods and services in March put upward pressure on inflation. ...
UK house price growth 'picking up' image
Source : BBC [Read Article] Tuesday 11th of April 2017 09:33:40 AM
. House price growth picked up in February, according to the Office for National Statistics (ONS). ...
UK inflation rate remains at 2.3% image
Source : BBC [Read Article] Tuesday 11th of April 2017 08:32:36 AM
....UK inflation held steady last month, as rising prices for food and clothing were offset by lower air fares. The Office for National Statistics (ONS) said inflation as measured by the Consumer Prices Index remained at 2. ...
UK retail sales fall again as rising living costs bite image
Source : Guardian [Read Article] Monday 10th of April 2017 11:01:12 PM
....However, the lobby group said a slowdown in non-food sales was persisting and the underlying trend for that part of the market was the weakest for almost six years. The figures follow official data from the Office for National Statistics showing retail sales fell in December and January but recovered slightly in February. ...
‘We will be forced to close’: Polish and Czech food stores post-Brexit image
....But migration to the UK is falling. According to the Office for National Statistics, net migration to Britain fell by 49,000 to 273,000 last year. ...
UK industrial output falls in February image
Source : BBC [Read Article] Friday 7th of April 2017 09:27:16 AM
....Activity in the UK's industrial and construction sectors shrank in February, new figures show. The Office for National Statistics said industrial output fell 0. ...
Vaping shops selling to non-smokers image
Source : BBC [Read Article] Friday 7th of April 2017 03:46:49 AM
...."Vape products should not be marketed to non-smokers or those under the age of 18," he said. "However, figures produced by organisations such as the Office for National Statistics and Action on Smoking and Health demonstrate that more than 90% of vapers in the UK are adult current or former smokers, therefore we do not believe this to be a significant problem. ...
Gender pay gaps must be declared by UK companies image
Source : BBC [Read Article] Wednesday 5th of April 2017 10:57:09 PM
.... . The gender pay gap refers to the difference in average pay between men and woman, which the Office for National Statistics works out using median hourly earnings figures for UK employees. ...
UK services sector expands at fastest rate this year image
Source : Guardian [Read Article] Wednesday 5th of April 2017 11:24:50 AM
....“March’s strong UK Markit/CIPS report on services provides some reassurance that the economy won’t slow too sharply this year, despite the intensifying headwinds,” Gregory said. The Office for National Statistics will produce its first estimate of 2017 first quarter growth later this month. ...
Weak productivity leaves UK trailing other G7 nations image
Source : Guardian [Read Article] Wednesday 5th of April 2017 11:19:49 AM
....Britain’s poor productivity performance before, during and after the financial crisis of a decade ago has left a gap of 16% with the other six members of the G7 group of industrial nations. International comparisons published by the Office for National Statistics show that output per hour worked continued to lag well behind the US, Germany and France in 2015 – the last year for which data is available. ...
UK services sector beats forecasts buoyed by new work image
Source : BBC [Read Article] Wednesday 5th of April 2017 09:28:30 AM
....2% compared to the same period in 2015. However, the Office for National Statistics said the rate remained below the pre-financial crisis average. ...
Amazon expands into UK's £96bn business-to-business market image
Source : Guardian [Read Article] Tuesday 4th of April 2017 05:30:43 AM
....The UK online market for business-to-business sales was valued at £96. 5bn for 2015 by the Office for National Statistics. ...
UK's gender pay rankings will put discrimination under spotlight image
Source : Guardian [Read Article] Sunday 2nd of April 2017 12:16:22 PM
....One factor often flagged for women’s lower earnings is the time they take out to have children and the nature of work they return to – the so-called motherhood pay penalty. The Office for National Statistics (ONS) notes the gender gap is relatively small up to age 39 for full-time employees. ...
Industrial heartland is in no fit state to pump up UK exports image
Source : Guardian [Read Article] Sunday 2nd of April 2017 06:00:46 AM
....In just over a month, local elections in Britain will include votes for six directly elected mayors of combined local authorities, a new layer of local government. This has prompted the Office for National Statistics to pull together figures covering the new areas, from the Liverpool City Region and Greater Manchester combined authorities in the north to the west of England, and the odd couple of the Cambridge and Peterborough combined authority in the east. ...
UK households’ savings fall to record low in warning sign for economy image
....3% in the third. It was the lowest since records began in 1963, according to the Office for National Statistics (ONS), and suggested that people are increasingly dipping into their savings to maintain spending at a time when prices are rising. ...
Household savings ratio falls to record low, says ONS image
Source : BBC [Read Article] Friday 31st of March 2017 10:36:39 AM
....UK economic growth was "robust" in late 2016, but economists have warned of worrying signs as the savings ratio fell to a record low. The Office for National Statistics (ONS) confirmed the UK economy grew by 0. ...

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