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

Fresh growth figures have fuelled speculation of an August interest rate cut in a bid to give the waning UK economy a shot of ...

The economy contracted in May, a sharp reversal in fortune that makes it more likely the BOE will cut its key interest rate ...

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

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 ...

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

The UK Statistics Authority, an arms-length government body, has been involved in scrutinising the ONS’s troubles.

Britain's statistics office will split its leadership and invest more money as part of a push to fix problems with its ...

The latest monthly growth figures from the ONS showed U.K. GDP contracted 0.1% month-on-month in May. Analysts polled by ...

Gross domestic product declined 0.1 per cent in May after contracting 0.3 per cent the previous month, the Office for ...

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

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 ...