The Latest Breaking News from Office for National Statistics

Property values increased by 0.6% annually in July 2023, compared with a 13.8% annual rise in July 2022.

Odds of an increase in UK interest rates on Thursday fall below 50%, after inflation rate dropped unexpectedly in August to an 18-month low

The age that people retire to take their pensions is ‘a possible explanation’ for the trend.

Fast-rising wages have been a major subject of concern for the Bank of England, which fears the public’s pay is rising too fast to bring inflation back down to the 2% target

To counteract rising inflation, the Bank of England had increased interest rates over the past year until September and there will be a review this Thursday

If the UK economy soon slips into recession, we will likely gesture vaguely at summer – such as it was – for when the contraction began. GDP shrank by 0.5 per cent in July, the sharpest decline since December, with services, production and construction all shrinking.

Watch as Rishi Sunak faces Sir Keir Starmer at Prime Minister's Questions (PMQs) on Wednesday, 13 September.

THERE are renewed concerns that the UK could be facing a recession as the latest figures show the

All three main sectors of the economy in decline after strikes by doctors, radiographers and teachers, while construction and retail hit by wet weather