UK borrows more than expected ahead of Autumn Statement as tax cuts mooted November 21, 2023 The government borrowed more than expected in October, providing a “timely reminder” about the state of the UK’s fiscal position ahead of the Autumn Statement. According to figures from the Office for National Statistics, the government borrowed £14.9bn in October, £1.2bn more than had been pencilled in by the Office for Budget Responsibility (OBR). This [...]
Airbnb, Booking.com and Expedia sign post-Brexit deal to share guest data with ONS November 17, 2023 The data from Airbnb could provide reliable evidence to help policymakers arrive at informed decisions on short-term accommodation.
ONS considering bigger cash rewards to address drop in survey response rate November 12, 2023 The Office for National Statistics (ONS) is offering bigger cash incentives for participants in its surveys as it seeks to address the declining response rate.
ONS to review ‘best practice’ for data revisions after GDP upgrade September 6, 2023 The ONS has asked the statistics regulator to help it analyse its modelling techniques after it published major revisions to its GDP data.
Doomsayers ‘proved wrong’: UK had third-fastest Covid recovery in G7, revised GDP data now shows September 1, 2023 New figures show the UK economy bounced back from the pandemic faster than had been thought.
July washout drags retail sales down 1.2 per cent as supermarkets and high street hit August 18, 2023 July’s awful weather dragged down UK retail sales by 1.2 per cent, as supermarkets suffered the most from the washout with Brits not splashing cash on food and clothes. The latest figures from the Office for National Statistics (ONS) show retail sales volumes in July went down following a small rise of 0.6 in June, [...]
Property: Has spring sprung? Mini budget ripple blamed for keeping a lid on monthly sales April 28, 2023 UK residential transactions in March 2023 totalled 89,560 which was 19 per cent lower than the same month a year ago but 1 per cent higher than February 2023, according to HMRC. The seasonally adjusted figures also show the total of non-residential property purchases, including commercial and factory property was 10,640, three per cent higher than [...]