Office for National Statistics

Inflation hits 40-year high at 9.4%

Inflation has hit a new 40-year high with consumer price inflation reaching 9.4% in June, up from 9.1% in May,…

Read More »

Retail sales fall as consumers cut household spending

Retail sales volumes fell by 0.5% in May 2022 according to the latest figures from the Office for National Statistics…

Read More »

UK unemployment rate hits almost 50-year low

The UK unemployment rate is close to a 50-year low point, having dropped by 0.2% to 3.8% for February to…

Read More »

Less hands make light work: easing impact financial stress on UK retailers

Almost every person in the UK has been affected by the various economic issues currently plaguing post-pandemic pockets. While discretionary…

Read More »

Almost half of businesses hit with price increases

Approximately half (48%) of businesses currently trading have reported that the prices of materials, goods, or services bought in April…

Read More »

Missguided: what went wrong?

As the face of online shopping for young women around the world, Missguided has faced its fair share of troubles…

Read More »

Retail sales tumble amid cost of living crisis

Retail sales fell by 1.4% last month as consumers reduced their spending amid the cost of living crisis.  This marked…

Read More »

UK inflation hits 7% amid rising fuel costs

The annual rate of inflation has hit a new 30-year record with a rise of 7% in the 12 months…

Read More »

UK economic growth slows in February to 0.1%

Gross domestic product (GDP) slowed in the UK as the economy only saw 0.1% growth in February, down from a…

Read More »

Inflation hits 30-year high at 6.2% in February

The Consumer Prices Index (CPI) rose by 6.2% in the 12 months to February 2022, up from 5.5% in January,…

Read More »