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The Latest Breaking News from Office for National Statistics

Sharp inflation drop ‘seals the deal’ for interest rate cut, economists say

Shops offering Black Friday sales helped bring down inflation to the lowest rate since March.

Evening Standard

Inflation drops sharply to 3.2% in November after food prices fall

The rate of Consumer Prices Index inflation fell to 3.2% in November, from 3.6% in October, the Office for National Statistics said.

Evening Standard

UK inflation unexpectedly drops to 3.2% after food prices fall

The rate of consumer prices index inflation fell to 3.2 per cent in November, from 3.6 per cent in October

The Independent UK

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Young people bearing the brunt as jobless rate hits 5.1% ahead of Budget

The Office for National Statistics said there had been an 85,000 increase in those unemployed aged between 18 to 24 in the three months to October.

Evening Standard

Young people hit hard as UK unemployment marches upwards

Jobs market slowdown likely to become policy focus and will also have impact on interest rates decision

The Guardian - UK

UK unemployment rose to four-year high of 5.1% before budget

October figure from ONS suggests employers laid off workers, as earnings growth excluding bonuses fell

The Guardian - UK

Starmer orders foreign interference review after ex-Reform leader in Wales jailed for pro-Russia bribes - latest

Housing secretary Steve Reed called Gill’s conduct ‘a stain on our democracy’

The Independent UK

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Jobless rate rises to 5.1% as wage growth slips back further

The Office for National Statistics said the rate of unemployment rose to 5.1% in the three months to October – the highest since early 2021.

Evening Standard

Unemployment rate rises to 5.1% to hit 10-year high outside of Covid

Office for National Statistics says rate of unemployment is at its highest since early 2021

The Independent UK

FTSE 100 Live 16 December: Rate cut seen as jobs market weakens, Brent Crude below $60

The rate of unemployment has risen to its highest level in almost a decade outside the pandemic as employers continue to shed jobs.

Evening Standard

Unemployment rises in US and UK, adding to pressure to cut interest rates – as it happened

Rolling coverage of the latest economic and financial news, as US non-farm payrolls rise by 64,000 in November but shrink by 105,000 in October

The Guardian - UK

UK economy unexpectedly shrank in October in fresh blow for Rachel Reeves

Economy contracted by 0.1 per cent in October, according to the Office for National Statistics

The Independent UK

UK economy contracts for second month running in October

The Office for National Statistics said gross domestic product (GDP) fell 0.1% in October, following a 0.1% decline in September.

Evening Standard

UK economy shrank unexpectedly before budget, data shows

GDP fell by 0.1% in October as activity failed to regain momentum after cyber-attack on Jaguar Land Rover

The Guardian - UK

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The Guardian - UK

December cut to UK interest rates ‘nailed on’ after economy shrinks unexpectedly by 0.1% in October – as it happened

Disappointing UK GDP report shows economy contracted by 0.1% in both September and October

The Independent UK

Women’s life expectancy returns to pre-pandemic levels – but men’s yet to recover

The pandemic saw a jump in the number of deaths in the UK – which in turn caused a fall in life expectancy estimates

Evening Standard

UK life expectancy for females returns to pre-pandemic levels

It is too early to know whether the latest figures represent the start of a new upwards trend.

The Guardian - UK

No 10 publishes list of 34 new political peerages including 25 Labour, five Liberal Democrats and three Conservatives – as it happened

Downing Street publishes list including ex-Olympic swimmer Sharron Davies and Iceland supermarket chief Richard Walker

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Evening Standard

Fastest growth in LGB population among adults in late 20s and early 30s

There has been a particularly sharp increase in the proportion of women aged 25-34 identifying as bisexual.

Evening Standard

Budget could cost hospitality another 100,000 jobs warns industry boss

Workers aged 16 to 24 make up 10% of the country's total workforce but account for about half the workers in some hospitality roles

The Independent UK

Young people are ‘quiet quitting’ the UK – but where are they going and is it really any better?

LET’S UNPACK THAT: As new stats reveal that Gen Z are leaving the UK in droves, Helen Coffey digs into the suprising hot new locations to set up shop, and whether the expat reality lives up to the dream

Evening Standard

Rate of business closures in the UK falls to lowest level since 2016

Data from the Office for National Statistics reveals around 280,000 businesses across the UK closed in 2024, down from 310,000 in 2023.

The Independent UK

Labour warned of fresh economic hit as Brexit accelerates high-skilled ‘brain drain’ from UK

‘None’ of the Labour chancellor’s measures will ‘have a material effect’ on growth, Richard Hughes, the chair of the OBR, has said

The Guardian - UK

Use shop loyalty cards, invest, switch savings accounts: six ways to tackle inflation

Prices are rising on everything from energy to food – but there are ways to cushion the impact

Evening Standard

Eastern Europeans going home is driving exodus of UK citizens

Poland and Romania recorded the highest increase in Britons arriving in the past four years, new data shows

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