Office for National Statistics

Economy unexpectedly grows by 0.1% in Q4

Britain’s economy unexpectedly grew in the final quarter of 2024, according to new figures from the Office for National Statistics,…

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Today’s news in brief-17/1/25

Retail sales in the UK fell by 0.3% in December, disappointing analysts who anticipated a 0.4% rise during the Christmas…

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Retail sales unexpectedly fall amid ‘poor’ supermarket sales

Retail sales fell 0.3% in December according to the latest figures from the Office for National Statistics. It follows a…

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Inflation unexpectedly falls to 2.5% in December

The rate of Consumer Price Index inflation unexpectedly fell one percentage point to 2.5% in December, dipping for the first…

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Retail sales fall short of expectations in November

Retail sales in the UK rose 0.2% in November, behind analysts expectations of 0.5%, according to data from the Office…

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BoE holds interest rates at 4.75%

The Bank of England (BoE) has voted to hold interest rates at 4.75%, following a recent hike in both inflation…

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Inflation hits eight-month high of 2.6% in November

Inflation has risen for the second month in a row, rising to 2.6% in November, up from 2.3% the previous…

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Retail loses 225,000 jobs in five years

The retail industry has lost 225,000 jobs in the last five years, according to data from the Office for National…

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Energy bills push inflation to 2.3% in October

The rising cost of energy has pushed inflation up to 2.3% in October, above consensus forecasts of 2.2%, according to…

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Bank of England cuts interest rates to 4.75%

The Bank of England has cut interest rates for the second time this year, with rates now cut to 4.75%. The…

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