Tag Result: office for national statistics
Record wage growth raises prospect of base rate hike next week
The base rate is likely to increase next week as a result of jobs and wage growth data pu...
Gloom to glimmer of hope as inflation eases to 6.8 per cent
The downward trend in inflation continues as the figure fell back to 6.8 per cent in the y...
UK economy ‘surprisingly resilient’ as GDP grows more than expected in June
The UK economy receives a boost as second-quarter GDP figures from the Office for National...
Affordability ratio in England above eight years but signs of decrease – ONS
The affordability ratio in England remains above eight years, but it has shown signs of a ...
Record pay growth raises spectre of further base rate rises
Average regular pay rose at a record high rate between March and May 2023, new data from t...
‘Sticky’ inflation at 8.7 per cent; BoE could push rates to five per cent this week
Inflation held at 8.7 per cent in the year to May – unchanged from the previous month â€...
Record employment and wages surge, but inflation dampens outlook
There were an estimated 30 million people in employment in May while pay rose 7.2% in the ...
Inflation falls to single digits, but interest rates could still hit 5.5 per cent
Inflation has fallen sharply to 8.7 per cent in the year to April 2023, and while househol...
UK economy shrank 0.3 per cent in March but dodges ‘technical recession’
Monthly real Gross Domestic Product (GDP) is estimated to have fallen by 0.3 per cent in M...
Real terms pay in biggest drop since 2009 – ONS
The amount earned by workers across the UK has dropped by its highest level since 2009 in ...