Fresh growth figures have fuelled speculation of an August interest rate cut in a bid to give the waning UK economy a shot of life. The Office for National Statistics (ONS) revealed on Friday the UK ...

James Benford will be tasked with improving calculations of key data including economic growth, inflation and the UK labour market.

Britain's Office for National Statistics (ONS) will split its leadership in two and invest more money into fixing problems ...

THE UK economy shrank by more than expected in May, official figures reveal. The Office for National Statistics (ONS) said ...

Britain is set to split the top job at the country's statistics office to create a second role focused on overseeing the running of the organisation, which has been criticised for economic data ...

Britain's statistics office plans a leadership split and £10 million investment to address economic data issues impacting the Bank of England. A review suggests separating roles within the office to ...

Data published by the Office for National Statistics showed services price growth, which is closely monitored by Why the Bank of England will hold interest rates June 17, 2025 ...

Consumer prices rose 3.5% in April compared with a year earlier, the highest rate of inflation since January 2024 and up from the 2.6% of March this year, the U.K.’s Office for National ...

The Office of National Statistics said consumer prices rose by 3.4% in the year to May, down from 3.5% the previous month. That means inflation remains substantially above the Bank of England’s ...

Find out the latest news from the Bank Of England and Office for National Statistics 19 June: Inflationary Pressures Put Bank Rate Cuts on Ice Mortgage borrowers and savers will see little or no ...

The Bank of England is predicted to keep UK interest rates at 4.25% on Thursday amid rising food inflation and the threat of surging oil prices pushing up the cost of living. Most economists think ...

The Bank of England is "almost certain" to cut interest rates next month after the economy slumped for a second month in a ...