Government borrows more than expected in February, but on track for lowest annual total in four years UK Economy The borrowing figures are the first since Jeremy Hunt's Spring Budget, in which he cut National Insurance by a further 2p.
Bank of England’s fears of a tight labour market will remain despite growing slack UK Economy Although almost every measure suggested a softer labour market than expected, the downside surprises were small and show a labour market that is still tight in historical terms.
New visa wage thresholds for foreign workers to come in ‘within weeks’ UK Politics New visa wage thresholds for foreign workers coming to the UK are set to be enforced “within weeks”, the Home Office has confirmed.
Mel Stride admits migration spike of 745,000 was ‘too high and unacceptable’, but could tax cuts bring it down? November 24, 2023 Mel Stride has described the UK’s net migration figure of 745,000 as “unacceptable” and claimed tax cuts could help bring it down.
Suella Braverman piles pressure on Rishi Sunak over rising migration November 23, 2023 Suella Braverman has urged Rishi Sunak to act on “unsustainable” migration figures, as the Prime Minister faced increasing pressure from his party to clamp down on the numbers.
Net migration hits 672,000 as Rishi Sunak set for showdown on Rwanda policy November 23, 2023 New migration figures have been revealed, as the government continues to face political pressure to reduce numbers.
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.